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Online Casinos in general: Current state of online casinos and my opinion (Page 2)

Topic created on 18th Mar. 2019 | Page: 2 of 4 | Answers: 33 | Views: 10,500
Rams3s
Rookie
So I pay in with Paysafe and out to a savings account, the savings account must of course have its own IBAN and ATM card

This way, my salary account remains unaffected by the game. Accordingly, my credit rating etc. is also unaffected

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Anonym
Dbac79 wrote on 03/18/2019 4:57 PM

whether i honestly deserve it or flog little kids to eastern europe

I'm sure you mean the other way around, the children come from Eastern Europe for the phaedophile politicians in Western Europe, not forgetting the Vatican
And the other girls end up on the hustle or the porn industry

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Dbac79
Elite

Kopfkino wrote on 03-18-2019 at 18:44 PM
I'm sure you mean the other way around, the kids come from Eastern Europe for the phaedophile politicians in Western Europe, not forgetting the Vatican
And the other girls end up on the hustle or the porn industry.

nene, i make them, sell them to eastern europe because german goods sell better, even over there

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Kleinkariert
Expert
Dbac79 wrote on 03/18/2019 4:57 PM

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 do not give a shit where the money i deposit comes from, whether i have earned it honestly or sell off small children to eastern europe

I would also like to know that, the regulation is not very well thought out. What if someone plays without income? The operators of Online Casinos use any regulation against us anyway if possible, the Verification is also per se at almost every casino at the first or second withdrawal put although they have a certain allowance.

@Falko: Believe they always have the same RTP, but Thunderkick also rarely runs well with me. However, the manufacturer offers one of the best wagering slots on the market with Uncharted (which is why it is often bonus banned)

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Timo0510
Top Member
Everything Humbug.Ultimately, it is only to move customers to Deposit with credit card direct banking etc.Information and records.There is not with Skrill / Neteller / Paysafecard

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Marqes
Expert
Kleinkariert wrote on 03/18/2019 08:01: I've been reading along here for a long time like many of my colleagues and colleagues, we are passionate players who all play a little more or less controlled. However, I would like to make my opinion known 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? If you still want good offers and also pay in more, you should focus on 1-2 casinos, so you can quickly get 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.

Thanks for your detailed thread / post!

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Caro
Expert
Kleinkariert wrote on 03/18/2019 at 10:19 AM
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 can be that you only have to fill out a form without proof and put a few crosses. So far only with Rizk and GUTS had this request, however others also already with Videoslots , have xml-

The whole thing is only vaguely explained, but on the MGA page you can find some information. The whole thing is 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).

There I must correct you times briefly, SOW is the abbreviation for "Source of Wealth" (origin of your MONEY) that are unfortunately two different pairs of shoes. As you said it is only often explained very fuzzy, but actually it is quite simple to understand

SoW (Source of Wealth) - Origin of your wealth: How did you generate your wealth? Here you can easily give an explanation like e.g. you are in an employee relationship and you receive a monthly salary

SoF (Source of Funds): Where did the money you deposited come from? Again, you can easily provide proof such as pay slips for the last 3 months and of course the corresponding account statements, which of course show the receipt of the salary

These requirements of the MGA are unfortunately for some years here in Malta common and it is the casinos, banks, company service providers, etc. and their customers only made more difficult ...I could theoretically go deeper into the whole matter, but I would have to go too far...

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Expert
Caro wrote on 03/19/2019 at 12:02 PM
I have to correct you, SOW is the abbreviation for "Source of Wealth" (origin of your MONEY) which are unfortunately two different pairs of shoes. As you said it is just often explained very fuzzy, but actually it is quite simple to understand

SoW (Source of Wealth) - Origin of your wealth: How did you generate your wealth? Here you can easily give an explanation like e.g. you are in an employee relationship and you receive a monthly salary

SoF (Source of Funds): Where did the money you deposited come from? Again, you can easily provide proof such as pay slips for the last 3 months and of course the corresponding account statements, which of course show the receipt of the salary

These requirements of the MGA are unfortunately for some years here in Malta common and it is the casinos, banks, company service providers, etc. and their customers only made more difficult ...I could theoretically go deeper into the whole matter, but I would have to go too far...

Thanks for the correction so exactly I did not know it myself yet, do you know what happens if one has e.g. no income? Can you play without income at all?

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Emx81
Top Member
Thank you for your contribution. Find it very interesting and helpful

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Gambletyp
Visitor
Thanks for the report. Just started a thread about it. Had I seen the post here before, I could have left my long thread

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