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Online Casinos in general: Current state of online casinos and my opinion

Topic created on 18th Mar. 2019 | Page: 1 of 4 | Answers: 33 | Views: 10,511
Kleinkariert
Expert
I've been reading here for a long time like many of my colleagues, we are passionate players who all play somewhat more or less controlled. However, I would like to express my opinion here:

1. Different RTP

Many people are aware of the RTP as an indication, but not of its impact or how many casinos make use of it. Only recently Videoslots decided to follow suit with the adjustment, while there are still enough Online Casinos that do not use a reduced version. Sites like Casino Heroes and Speedy (same group) have had the reduced versions on offer since the beginning. There are many others, but the sticking point is that many only look at the Play n Go games. Thereby IGT, Red Tiger and also Pragmatic have such versions and these are also used. We can work out a list together where the high RTP is used and where the low RTP, just look in your casino at the games in the help files.

2. deterioration of the offers

Due to new regulations of the supervisory authorities, not in favor of the players but in favor of the incomes, good promotions thus offers became very rare. Especially Videoslots will have been strongly attacked by this and has turned its entire portal upside down, even against the criticism Videoslots only expresses itself superficially and always praises this as a great change. Other sites have long since shortened their offers to a minimum for the normal player, but players with VIP status will also have noticed a cutback in certain cases.

3. Payouts and Verification

Withdrawals in particular still seem to be a problem for casinos, despite increasingly widespread real-time transfers and lightning-fast e-wallet transactions. They do not want to give the money out of their hands without thorough Verification and always hope that the customer will gamble away. I have tested several casinos and most recently MultiLotto Casino, I have not experienced a fast payout after 2 hours as in the review. The verification was done within 24 hours and the payout has been waiting for about twice that time, so they sometimes take several days to pay out.

With verification requests, so-called SOW are now added, these are also required by the MGA, when exactly this is required - is only explained vaguely. It is to ensure the deposited money comes from the player himself and was not stolen, for example. You might think that would only happen with high sums, at some casinos that's true. However, even 10 € deposits per month seem to trigger such a ridiculous request (Rizk, GUTS, ...) should you win too high. In that case I only had to check the box, but it shows once again that they always use the regulations against the customer and delay payouts. In my case it took 7 days to confirm the withdrawal.

4. Conclusion

There are hardly good online casinos more, I had been annoyed at Videoslots so much is cut but looks around you realize that there is no great competition. Generally I advise to reduce the stakes, you get not only felt less - but also really less back. Of course, even 94% RTP is still acceptable when compared to landbased. But why accept a 50% playtime cut when enough casinos still manage without a cut? Who still wants good offers and also times more deposited, which should focus on 1-2 casinos, so you get there already quickly a VIP or similar status. I do not want to recommend anything now, but I slipped at Trada pretty quickly in the VIP status and I do not pay in vast sums. Unfortunately, Trada has a limited game selection and at Netent/Quickspin you can not set a fast play mode

If you play on a site where the payout is not lockable and takes longer than 24 hours, do yourself a favor and turn away from the site. Fast payouts are available at enough casinos. Therefore, you should avoid something like Wunderino, Multilotto, NetBet, SlotsMillion, DrueckGlueck.... Most will already know, but still you pay on such sites from time to time and I can only say it is not worth it unless they make a super offer and give you 1000 €

You are welcome to express your opinion and complement me.

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Slot-Hunter
Rookie
Hello Small-Carded,

"Verification requests now come with so-called SOW, these are also required by the MGA"

What is a SOW ? Never heard the term before, would be nice if you have some info there

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Anonym
So I have to give you right! I was now for a long time inactive on Gamblejoe and have always just read along and laughed myself to death what is going on here so.
I have really enjoyed playing in Online Casinos but since now this gang of crooks from P(L)ay'N'Go and these Red Tigerabzockern have reduced their RTP for no reason and for weeks absolutely any game fun goes down the drain, it was for me...
I usually Deposit 100€ and the money is gone after 10-15 minutes on 20-40 cents/spin without getting any bonus feature.
Losing is perfectly OK and often the result of gambling (except for the customer catchers on Twitch - and yes they "win" much more often than a normal mortal) but it should be fun and that you just do not have when absolutely every "bullet" rattles down in minutes.
I think everyone who plays slots like Moon p**s, Rise of the Gaylords or Book of Rip from this rogue Provider knows what I'm talking about.
I'm now only looking for online casinos that don't have Rip'n'Go games anymore or I'd rather go back to the Spielos and arcades. There I have also recently made better experiences.

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Anonym
Smitty91 wrote on 18/03/2019 08:58: So I have to agree with you! I have been inactive on Gamblejoe for a long time now and have only ever read along and laughed myself to death what is going on here.
I have really enjoyed playing in Online Casinos but since now this gang of crooks from P(L)ay'N'Go and these Red Tigerabzockern have reduced their RTP for no reason and for weeks absolutely any game fun goes down the drain, it was for me...
I usually Deposit 100€ and the money is gone after 10-15 minutes on 20-40 cents/spin without getting any bonus feature.
Losing is perfectly OK and often the result of gambling (except for the customer catchers on Twitch - and yes they "win" much more often than a normal mortal) but it should be fun and that you just do not have when absolutely every "bullet" rattles down in minutes.
I think everyone who plays slots like Moon p**s, Rise of the Gaylords or Book of Rip from this rogue Provider knows what I'm talking about.
I'm now only looking for online casinos that don't have Rip'n'Go games anymore or I'd rather go back to the Spielos and arcades. There I have also recently made better experiences.

Don't go into a spielo that is pure torture. Go when in a casino bill purely off it goes.

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Kleinkariert
Expert
Slot-Hunter wrote on 03/18/2019 08:39: Hello Small-Carded,

"Verification requests now come with so-called SOW, these are also required by the MGA"

What is a SOW ? Never heard the term before, would be nice if you have some info there

SOW is the abbreviation for "Source of Wealth". Among other things you have to show several bank statements of the last x months or prove your income (screenshots of Paypal/Skrill/Neteller/... the inflows and outflows of the last x months). At the beginning it may be that you only have to fill out a form without proof and put a few crosses. So far, only Rizk and GUTS had this request, however, others have also reported to have received such a request at Videoslots, SlotsMillion, LeoVegas, etc..

The whole thing is only vaguely explained, but on the MGA page you can find some information. It's not new either, but I think it was made a bit clearer last year - originally it was noted in this document: https://www.mga.org.mt/wp-content/uploads/20170710-Remote-Gaming-Sectoral-Consultation-Document.pdf. Further links: https://www.mga.org.mt/fiau-mga-publish-revised-consultation-document-application-aml-cft-obligations-remote-gaming-sector/ and then the "update": https://www.mga.org.mt/wp-content/uploads/Implementing-Procedures-Part-II_Remote-Gaming.pdf (If you want you can also check the MGA site yourself).


Smitty91 wrote on 03/18/2019 08:58: Well I have to agree with you there! I have been inactive on Gamblejoe for a long time now and have only ever read along and laughed myself to death more than once what is going on here.
I have really enjoyed playing in Online Casinos but since now this gang of crooks from P(L)ay'N'Go and these Red Tigerabzockern have reduced their RTP for no reason and for weeks absolutely any game fun goes down the drain, it was for me...
I usually Deposit 100€ and the money is gone after 10-15 minutes on 20-40 cents/spin without getting any bonus feature.
Losing is perfectly OK and often the result of gambling (except for the customer catchers on Twitch - and yes they "win" much more often than a normal mortal) but it should be fun and that you just do not have when absolutely every "bullet" rattles down in minutes.
I think everyone who plays slots like Moon p**s, Rise of the Gaylords or Book of Rip from this rogue Provider knows what I'm talking about.
I'm now only looking for online casinos that don't have Rip'n'Go games anymore or I'd rather go back to the Spielos and arcades. There I have also recently made better experiences.

Of course, you have to say that the game manufacturers continue to offer the higher RTP versions, would not be a great demand for low RTP versions on the part of the casinos would certainly not do. And I also get the horror when I imagine how Moon Princess would run with 2% RTP less on some days. I mean already on the high version the balance goes lightning fast to zero and just like you I have often experienced how long time no feature comes. So I try to play only very little at Play n Go, the balance of the hits is just not good. Since I find BTG slots almost more balanced, even if they can eat just as well - but at least BTG does not offer a reduced RTP version. Although I have heard that such requests pile up, I hope a few game providers remain steadfast, so you win players.

This post has been translated automatically

Anonym
I would also be interested in such a list, in which casinos the RTPs were adjusted at the said manufacturers

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Rams3s
Rookie
I do not understand how you can get so into it!?

It's "gambling" and you Deposit money in an industry that is so woolly regulated like nothing else. I can deposit 10,000 Euros with Paysafe etc. and no one asks where the money comes from, how old you are etc... but as soon as you want to withdraw money you have to drop your pants, deal with automated emails and hope that you get your win

Honestly, from the moment I deposit money into an OC it is gone in the first place. Who takes an insane or ridiculous bonus accepts the terms and conditions

Who transfers money directly from his account into an OC risks a bad rating at his bank. When I read here in the forum that he withdraws his last 4 Euro coins from his account on the 15th, I ask myself what is going on

And one actually worries about the RTPs? Whether they are 96.7 or 97.6 %? Gambling in a mafia-like system?

Gambling is a pleasure, if it is no longer a pleasure then you don't do it

I have played on Saturday 19 o'clock until Sunday 5 o'clock in the morning with a 25 euro plus 200% deposit. K.a what was going on but every slot has given. Bzw 100 down, 150 up... you know that. I did not even know what to play. But I never got over the 700. You just want the 1000! Minimum. In the end I gambled everything away. Since I have played several hours with an average of 1 Euro stake, I could still book 11 Euro loyalty points. Made 200 out of it and played down again

What means played? I have not played at all I have only pressed. After over 10 hours sick..

Only I wonder what RTP has run there and why that does not run with every deposit so? That the system lets me play 10 hours with ~75 euros starting balance.

Therefore, the shit with the RTP does not believe


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Kleinkariert
Expert
Rams3s wrote on 03/18/2019 11:01 am: I don't understand how you can get so caught up in this!!!

It's "gambling" and you are depositing money in an industry that is as woolly regulated as anything. I can Deposit 10000 Euros with Paysafe etc. and no one asks where the money comes from, how old you are etc... but as soon as you want to withdraw money you have to drop your pants, struggle with automated emails and hope that you get your win

Honestly, from the moment I deposit money into an OC it is gone in the first place. Who takes an insane or ridiculous bonus accepts the terms and conditions

Who transfers money directly from his account into an OC risks a bad rating at his bank. When I read here in the forum that he withdraws his last 4 Euro coins from his account on the 15th, I ask myself what is going on

And one actually worries about the RTPs? Whether they are 96.7 or 97.6 %? Gambling in a mafia-like system?

Gambling is a pleasure, if it is no longer a pleasure then you don't do it

I have played on Saturday 19 o'clock until Sunday 5 o'clock in the morning with a 25 euro plus 200% deposit. K.a what was going on but every slot has given. Bzw 100 down, 150 up... you know that. I did not even know what to play. But I never got over the 700. You just want the 1000! Minimum. In the end I gambled everything away. Since I have played several hours with an average of 1 euro bet, I could still book 11 euros loyalty points. Made 200 out of it and played down again

What means played? I have not played at all I have only pressed. After over 10 hours sick..

Only I wonder what RTP has run there and why that does not run with every deposit so? That the system lets me play 10 hours with ~75 euros starting balance.

Therefore, the shit with the RTP does not believe



Of course you care about the RTP and cutting the RTP from ~96% to ~94% makes a difference of 50%. Instead of losing 4% of the stake per click, you lose 6% and yes financial is also very relevant in leisure and fun. Also in general, if you have two identical products for different prices you take the cheaper offer, why wouldn't you? You may not notice/feel the difference but someone who plays a game very heavily (e.g. 500 000 spins) will very well notice a difference when comparing the values. And so many spins are not uncommon with longtime players.

That sometimes it goes well and sometimes not you also have in the Spielo, you can also win with 20% RTP, only you will have higher chances with 96% on average. I do not have the need to have to 1000, have last played with 25 € deposit up to 700 € and still tried a little at 650 € pulled the line because I was already happy. Then a day self-lock so that I do not gamble everything, after a good win is often before the total loss (many can not control themselves, many gamble so good wins again and again...).

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Falko
Icon
So I also play very often and have noticed that the slots run since last fall significantly worse. Could it be possible that Thunderkick slots like Pink Elephant have lowered the RTP? These slots I have played the most and they have noticeably decreased

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Dbac79
Elite

Kleinkariert wrote on 18.03.2019 at 10:19 am
You have to say of course that the game manufacturers continue to offer the higher RTP versions, would not be a great demand for low RTP versions on the part of the casinos would certainly not do. And I also get the horror when I imagine how Moon Princess would run with 2% RTP less on some days. I mean already on the high version the balance goes lightning fast to zero and just like you I have often experienced how long time no feature comes. So I try to play only very little at Play n Go, the balance of the hits is just not good. Since I find BTG slots almost more balanced, even if they can eat just as well - but at least BTG does not offer a reduced RTP version. Although I have heard that such requests pile up, I hope a few game providers remain steadfast, so you win players.

what will be the consequence if i Deposit with Paysafecard (from the gas station etc.) and pay out to one of my bank accounts which does not book my salary? besides, it is absolutely nobody's business who my employer is or what his name is, where he lives or anything else. the operators don't give a shit where the money i deposit comes from, whether i have earned it honestly or sell off little children to eastern europe

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