Topic created on 07th Aug. 2019 | Page: 5 of 6 | Answers: 59 | Views: 12,917
Anonym
Former Member
Videoslots - my former favorite
13th Aug. 2019, at 11:43 am CEST#41
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Kleinkariert wrote on 08/13/2019 at 10:52 AM
It's just that they really can't do that much about it other than request before making a deposit and handle the process quickly. The UKGC is constantly encouraging this and the MGA is following suit, more and more sensitive data is being requested and the Risk of over-regulation is already present where casinos are in constant fear of doing anything wrong and being fined millions directly.
The UKGC has already made adjustments that one is warned before depositing that possibly a check takes place and the Verification must take place directly to counter delays in the payout. If someone now deposits more, they have to react otherwise there is trouble and that is quite expensive. The casinos earn good sums, but must constantly very much abdrücken and set aside. You must not overestimate their income, are not poverty children but so rich that can pay millions every time most casinos are not.
1.12 million € penalty have put Videoslots in horror and they had to immediately restructure the whole bonus systems, the high taxes of some countries were suddenly a problem and they set the slot RTP down (at the providers where it went) and the loyalty department is actually no longer there. Now everything runs over the wheels.
I can understand your frustration though, whenever it is inconvenient these things come and then everything nicely one after the other.
Now please do not misunderstand but what you write in the last two paragraphs can be called a naive view
It's not about the fact that an OC like VS really gets into trouble because they have to pay a par million penalty or because somewhere the taxes are a little higher. It is rather that the investors behind it, the numbers are now an example, panic because they earn instead of 20 only 17-18 million and then give the management the target to correct here. The example of Ludio with Betsson hits the nail pretty much on the head here.
It is also the case that the RTP cut also applies to players residing in Austria, for example, but VS does not pay any taxes here...
You can think of it what you want, but I do not think much of it.
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Anonym
Former Member
Videoslots - my former favorite
13th Aug. 2019, at 11:48 am CEST#42
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Quippie wrote on 08/13/2019 11:31 AM
That's right, I didn't know the rtp was reduced until today and only found out here. Even when asked whether this is true Videoslots has given no answer, which in itself is cheeky (Peter B. from the Videoslots chat I take times out, with which you get sometimes really answer).
Of course, they have the right to design their casino as they want it. But then only the "great" Clash of Spins" to advertise, but at the same time do not point to lowered values, is fraud
And whoever says otherwise, of course also accepts when a bank increases the overdraft interest without announcement, when the car Insurance increases, when the fixed network contracts increase, etc., etc., etc...
Normally, everyone MUST receive a notification, EU-wide and not only in Germany. After that, everyone can pick out again whether he wants to remain a customer or not.
They have it in the news, at the time (that is there where eh no one looks in...) pointed out, you can not accuse them directly now. One can reproach them however this not directly e.g. on the starting side for everyone visibly to announce. Fraud is here a much too violent term and that does not apply but the approach is in any case not the yellow of the egg.
Unbeliver wrote on 08/13/2019 11:48 AM
They pointed it out in the news, at the time (that's where nobody looks in anyway...), you can't accuse them of that directly now. One can accuse them however this not directly e.g. on the starting side for everyone visibly to announce. Fraud is here a much too violent term and that does not apply but the procedure is in any case not the yellow of the Egg
Ok then I take the word fraud back... then it is sneaky...;)
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Anonym
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Videoslots - my former favorite
13th Aug. 2019, at 12:40 pm CEST#44
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Unbeliver wrote on 08/13/2019 11:48 AM
They pointed it out in the news, at the time (that's where nobody looks in anyway...), you can't accuse them of that directly now. One can accuse them however this not directly e.g. on the starting side for everyone visibly to announce. Fraud is here a much too violent term and that does not apply however the proceeding is in any case not the yellow of the Egg
In the food industry, the "golden cream puff" is awarded every year. Consumers can nominate companies that have implemented hidden price increases.
In the industry, packaging contents are often reduced and sold at the same price, or the packaging itself is enlarged, but the contents remain the same. In itself, the consumer can always inform himself on the packaging how much content is contained. But who always reads the fine print, especially for products that they buy again and again?
The only thing that changes is the price, which of course is to the disadvantage of the customer. And here I draw parallels to how Videoslots handled the RTP reductions
Too bad that something like this is not awarded in the casino industry.
Zwischenmeister wrote on 08/12/2019 at 11:49 pm
You're casually putting a "unique" at the beginning of that sentence, as if that's just some unimportant detail, like a different colored spin button.
But asked the other way around, WHAT THE f**kING HELL can be more important in gaming than just this Return to Player percentage!!!!
Sure, they "only" lowered the RTP, no big deal, before it was just TOO easy to bring out thousands of Euros every month, now it's just 1-2k, but VS doesn't go bankrupt...or how do you mean that?
But people so it is not, if one leads oneself this whole process times before eyes, then one must ask oneself nevertheless actually seriously the question, how it can be possible, which a store announces something so publicly and pulls through, without which a large outcry goes by the Zockerlager, without which the players remain row by row away from protest etc. etc.. Because that's what it's all about, you play (actually, at least it used to be that way) to win something, and they just say
"Oh by the way, from now on you simply win less with us. But that doesn't matter, we have a surprise for you: In the future, you only have to wager 5x (yes, only five times) as much as before to be allowed to take part in the battles like
But don't worry, there are less freespins to win than before.
And by the way, the regular email promos with 24-hour battle tickets and freespins will also be dropped from now on, of course. Everything clear? Fine guys, thanks for your understanding, let's move on - there's the Deposit button up there."
What normal company and in what industry could pull something like this off, all at the same time, without customers protesting, running away in rows, and possibly suing them? Name one!
It's not like we all got rich before, most of us lost before. How easy it is for them to get through the front door with such an awesome thing without being bothered really still amazes me.
Some are like lemmings here, no shit...
basically it is but nothing else as would say lotto we now always draw 6 from 50 numbers, thereby the probability of the Jackpot is also immensely smaller but believe me everyone who plays now will then still play
Zwischenmeister wrote on 08/12/2019 at 23:49: What normal company and in what industry could pull off something like this, all at the same time, without customers protesting, running away in rows, and possibly suing them? Name one!
How the lemmings are here some, without shit...
every if your rolls are 20 ct more expensive you still buy them (just one example of many) --> for some it is essential to play or how do you explain that the lemmings you described still run en masse into the spielo what was the payout ratio there
doesn't want to gloss over vs, more has gone away than positive things have been added
--> they have only made an adjustment to appear more attractive and thus attract more depositors or not? the tuesday madness for example was not there before --> 15000 prize money and each participating € flows additionally into the Prize pool (no other Tournament with entry has so many players and the chance of x1000)
btw. who wants to make the 2500 turnover (so compulsively pays several hundred euros and loses) just to be able to participate in the 0er battles which as you know bring nothing but a turnover-free nothing --> well <3
-->vs has done everything right to be a winner </3>
basically it is nothing different than if lotto would say we now always draw 6 out of 50 numbers, thereby the probability of the Jackpot is also immensely smaller but believe me everyone who plays now will then still play
The example sounds very good (although we are now almost at 51 or 52 balls arrived )... and also believe that almost everyone continues to play
The question is only, I play then for example with Lotto 1 further, where 6 from 50 are drawn or I take rather Lotto 2, where it is still 6 from 49 are...
And hey, with 20 cents more expensive rolls I really get me the rolls somewhere else...;) because I have the choice, just with me in a small town gibtts 8 bakers...
But you're right, I'm one of those dubbel, who has paid more than he wanted because of the Battles... Business policy made everything right, customer friendly rather not... and if one stops playing there, there are two new registrations at the same time... from therefore juckt vs certainly not the opinion of former or existing customers...
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Anonym
Former Member
Videoslots - my former favorite
13th Aug. 2019, at 02:17 pm CEST#48
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Ludio wrote on 08/13/2019 12:40 PM
In the food industry, the "golden cream puff" is awarded every year. Consumers can suggest there companies that have carried out hidden price increases.
In the industry, packaging contents are often reduced and sold at the same price or the packaging itself is enlarged, but the contents remain the same. In itself, the consumer can always inform himself on the packaging how much content is contained. But who always reads the fine print, especially for products that they buy again and again?
The only thing that changes is the price, which of course is to the disadvantage of the customer. And here I draw parallels to how Videoslots handled the RTP reductions
Too bad that something like this is not awarded in the casino industry.
Yes that's true...really a pity...
With the hidden price increases there are but also penalties, are not really high for the affected companies, which at least have a symbolic character.
That will probably not bring the MGA together in this our all life, with the UKGC possibly but rather not.
The problem is that the minimum RTP is believed to be 89% (don't get me started if the number is slightly off) and due to the possible mathematical deviations, they have gone well above 90% to reach this number in any case. That means that the official side has reached this value at least until the next control. So there would have to be a new rule of the MGA which prohibits it to lower the RTP for a game or all games of a Provider and there the cards are very very bad, the come already not behind to enforce the existing rules properly
Ludio wrote on 08/13/2019 at 11:12 AM
Regarding this sentence, I have to add something here. It sounds just as if the UKGC or MGA has something to do with the higher tax rates. This is of course not the case. It is about higher taxes in the Scandinavian countries. This CAN pass a casino so to the players (with the lowered RTP), but it MUST not. Here I have to use the Betsson Group again as a comparison. This is particularly strong in the Scandinavian countries (the group was also founded there), so has exactly the same "problems" with these taxes, but has NOT passed them on to the players in contrast to Videoslots.
So Videoslots would not have had to do this, but they have and they have done so quietly. Many of the players who play there, still do not know that they play there with less RTP these games and a large part of the users here, it has also only had noticed back then, when someone had posted this here.
The whole behavior on the part of Videoslots in this case is, in my opinion, just very questionable and I'm sticking to that
I thought that was <in einigen Ländern>clarified</in> with <in einigen Ländern>, I apologize if it was unclear. And you are right VS does not have to pass on these costs to the players and my conclusion was that due to the ever increasing costs + the penalty of the UKGC this was now used as a justification to make a disproportionately high cut.
Unbeliver wrote on 08/13/2019 11:43 AM
Now please don't misunderstand but what you write in the last two paragraphs can definitely be called a naive view
It is not about that an OC like VS really gets into trouble because they have to pay a par million penalty or because somewhere the taxes are a little higher. It is rather that the investors behind it, the numbers are now an example, panic because they earn instead of 20 only 17-18 million and then give the management the target to correct here. The example of Ludio with Betsson hits the nail pretty much on the head here.
It is also the case that the RTP cut also applies to players residing in Austria, for example, but VS does not pay any taxes here...
You can think of it what you want, but I do not think much of it.
I think you overestimate the wins a casino makes. VS is not listed on the stock exchange, so the pressure will at most come from within or from people who own shares in the company. And not every company sells them freely.
I am also aware that VS did not need to make these cuts, so what you write is quite true. They don't want to lose a win and that's why they have passed on the millions in penalties to the players. Own mistakes are paid by the customers, so do it unfortunately many providers
Online gambling in Germany is forbidden by law and every politician says that it is not allowed and yet they take 19%, in Austria it is 20%. The payments could be denied and nothing would happen, but VS still pays these taxes for security in case there are German licenses not to be branded.
Quippie wrote on 08/13/2019 at 11:20 AM
Thanks for the explanation. You probably know better than me about some things too
And totally agree that this has to be done BEFORE the first deposit. Videoslots is no exception. Only with them it upsets me the most, because there probably the mechanisms take effect too late or it was previously quite indifferent to how much you have deposited. Then please also immediately limit deposits from their side until everything is there. But taking money, that's what they do
Probably you could Deposit 5000 Euro at once and they would take it... if 100 Euro of it is paid out, then they would refuse. What would happen if you don't want to send a proof? Do you get the 5000 Euro back? Theoretically, yes, they do not know where the money comes from?
You could try it, write to them, you have bet money, which you did not have, so to my knowledge it can even be demanded. Is but perhaps only half knowledge, but my once to have heard something like that
That those who have a profit flow there or have a fairly balanced balance sheet feel well taken care of there is also understandable, because I myself have never had anything come through Videoslots. I never had much contact with them, because everything was smooth. But the more contact you have with them, the more evasive and put-off answers you get.
Since I praise me now really other casinos. Zb falls me there the noaccount casino. That had already requested a few months ago and quite close to the registration documents, whether you can afford to play. And there I had deposited a total of quite little (about 500) and paid out almost the same amount.
So exactly I have not looked at all with the 5000 deposit and can not verify. Actually, it would have to return after Verification, such cases are also forwarded to the supervisory authority, I believe.
Online gaming is often no longer fun and whenever you think you have now found THE casino you will eventually be disappointed by this casino. And people are emotionally charged, everything runs super then the casino must be super and all others what say against it are stupid. E.g. Betsson. My withdrawals were never let through in a few hours. I always had to wait at least 24 hours, sometimes days and sometimes I had to chat. With others it was always very fast and in another casino it was done in 15 minutes and in the other only in hours.</in>
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Anonym
Former Member
Videoslots - my former favorite
13th Aug. 2019, at 10:15 pm CEST#50
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@LittleColored
I do not overestimate anything, OCs like those in the size of VS earn a lot of money, with tens of millions of spins per month, enormous sums come together and there are not only 20 cent spins
Most OCs are now also not any 08/15 companies. There were/are enough established people from the industry, who were already long and thick in the business, who invested their money at the right time in the online history, be it only as a shareholder, for example, to enable the people to start at all or even as an initiator. All of this was done from the background and without being named, as has always been the case offline. On the one hand because they have recognized the signs of the times and in all areas more and more online runs (seen from the past but still valid today in terms of growth)...more convenient etc. and on the other hand because they know from experience that you can make with gambling really thick coal.
One never underestimates something in that the abknöpfen of the people money already several generations through has tradition, these people do not let themselves be taken away on-line the business and are therefore, even if not Prominent and visibly, further very strongly represented in the industry
This is my not entirely unsubstantiated opinion.
Videoslots - my former favorite
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Now please do not misunderstand but what you write in the last two paragraphs can be called a naive view
It's not about the fact that an OC like VS really gets into trouble because they have to pay a par million penalty or because somewhere the taxes are a little higher. It is rather that the investors behind it, the numbers are now an example, panic because they earn instead of 20 only 17-18 million and then give the management the target to correct here. The example of Ludio with Betsson hits the nail pretty much on the head here.
It is also the case that the RTP cut also applies to players residing in Austria, for example, but VS does not pay any taxes here...
You can think of it what you want, but I do not think much of it.
This post has been translated automatically
Videoslots - my former favorite
Nobody has liked this post so far
They have it in the news, at the time (that is there where eh no one looks in...) pointed out, you can not accuse them directly now. One can reproach them however this not directly e.g. on the starting side for everyone visibly to announce. Fraud is here a much too violent term and that does not apply but the approach is in any case not the yellow of the egg.
This post has been translated automatically
Videoslots - my former favorite
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Ok then I take the word fraud back... then it is sneaky...;)
This post has been translated automatically
Videoslots - my former favorite
Nobody has liked this post so far
In the food industry, the "golden cream puff" is awarded every year. Consumers can nominate companies that have implemented hidden price increases.
In the industry, packaging contents are often reduced and sold at the same price, or the packaging itself is enlarged, but the contents remain the same. In itself, the consumer can always inform himself on the packaging how much content is contained. But who always reads the fine print, especially for products that they buy again and again?
The only thing that changes is the price, which of course is to the disadvantage of the customer. And here I draw parallels to how Videoslots handled the RTP reductions
Too bad that something like this is not awarded in the casino industry.
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Videoslots - my former favorite
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Quippie
basically it is but nothing else as would say lotto we now always draw 6 from 50 numbers, thereby the probability of the Jackpot is also immensely smaller but believe me everyone who plays now will then still play
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Videoslots - my former favorite
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every if your rolls are 20 ct more expensive you still buy them (just one example of many) --> for some it is essential to play or how do you explain that the lemmings you described still run en masse into the spielo what was the payout ratio there
doesn't want to gloss over vs, more has gone away than positive things have been added
--> they have only made an adjustment to appear more attractive and thus attract more depositors or not? the tuesday madness for example was not there before --> 15000 prize money and each participating € flows additionally into the Prize pool (no other Tournament with entry has so many players and the chance of x1000)
btw. who wants to make the 2500 turnover (so compulsively pays several hundred euros and loses) just to be able to participate in the 0er battles which as you know bring nothing but a turnover-free nothing --> well <3
-->vs has done everything right to be a winner </3>
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Videoslots - my former favorite
Nobody has liked this post so far
The example sounds very good (although we are now almost at 51 or 52 balls arrived )... and also believe that almost everyone continues to play
The question is only, I play then for example with Lotto 1 further, where 6 from 50 are drawn or I take rather Lotto 2, where it is still 6 from 49 are...
And hey, with 20 cents more expensive rolls I really get me the rolls somewhere else...;) because I have the choice, just with me in a small town gibtts 8 bakers...
But you're right, I'm one of those dubbel, who has paid more than he wanted because of the Battles... Business policy made everything right, customer friendly rather not... and if one stops playing there, there are two new registrations at the same time... from therefore juckt vs certainly not the opinion of former or existing customers...
This post has been translated automatically
Videoslots - my former favorite
Nobody has liked this post so far
Yes that's true...really a pity...
With the hidden price increases there are but also penalties, are not really high for the affected companies, which at least have a symbolic character.
That will probably not bring the MGA together in this our all life, with the UKGC possibly but rather not.
The problem is that the minimum RTP is believed to be 89% (don't get me started if the number is slightly off) and due to the possible mathematical deviations, they have gone well above 90% to reach this number in any case. That means that the official side has reached this value at least until the next control. So there would have to be a new rule of the MGA which prohibits it to lower the RTP for a game or all games of a Provider and there the cards are very very bad, the come already not behind to enforce the existing rules properly
This post has been translated automatically
Videoslots - my former favorite
Nobody has liked this post so far
I thought that was <in einigen Ländern>clarified</in> with <in einigen Ländern>, I apologize if it was unclear. And you are right VS does not have to pass on these costs to the players and my conclusion was that due to the ever increasing costs + the penalty of the UKGC this was now used as a justification to make a disproportionately high cut.
I think you overestimate the wins a casino makes. VS is not listed on the stock exchange, so the pressure will at most come from within or from people who own shares in the company. And not every company sells them freely.
I am also aware that VS did not need to make these cuts, so what you write is quite true. They don't want to lose a win and that's why they have passed on the millions in penalties to the players. Own mistakes are paid by the customers, so do it unfortunately many providers
Online gambling in Germany is forbidden by law and every politician says that it is not allowed and yet they take 19%, in Austria it is 20%. The payments could be denied and nothing would happen, but VS still pays these taxes for security in case there are German licenses not to be branded.
So exactly I have not looked at all with the 5000 deposit and can not verify. Actually, it would have to return after Verification, such cases are also forwarded to the supervisory authority, I believe.
Online gaming is often no longer fun and whenever you think you have now found THE casino you will eventually be disappointed by this casino. And people are emotionally charged, everything runs super then the casino must be super and all others what say against it are stupid. E.g. Betsson. My withdrawals were never let through in a few hours. I always had to wait at least 24 hours, sometimes days and sometimes I had to chat. With others it was always very fast and in another casino it was done in 15 minutes and in the other only in hours.</in>
This post has been translated automatically
Videoslots - my former favorite
Nobody has liked this post so far
I do not overestimate anything, OCs like those in the size of VS earn a lot of money, with tens of millions of spins per month, enormous sums come together and there are not only 20 cent spins
Most OCs are now also not any 08/15 companies. There were/are enough established people from the industry, who were already long and thick in the business, who invested their money at the right time in the online history, be it only as a shareholder, for example, to enable the people to start at all or even as an initiator. All of this was done from the background and without being named, as has always been the case offline. On the one hand because they have recognized the signs of the times and in all areas more and more online runs (seen from the past but still valid today in terms of growth)...more convenient etc. and on the other hand because they know from experience that you can make with gambling really thick coal.
One never underestimates something in that the abknöpfen of the people money already several generations through has tradition, these people do not let themselves be taken away on-line the business and are therefore, even if not Prominent and visibly, further very strongly represented in the industry
This is my not entirely unsubstantiated opinion.
This post has been translated automatically