Pages:
Author

Topic: Do you prefer lots of promotions over better RTP? (Read 1675 times)

hero member
Activity: 1666
Merit: 502
While it is equally important to attract players and make them stay, for the business to thrive, it would be more ideal for me to have a good RTP above all. With this, they would be after building a strong bond that could lead to customer loyalty. And for that to happen, they would listen and work it out to serve what is being voiced out by their customers.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
With the passage of time - as there are more and more casinos there is a lot of confusion what people should do and what not. I don't see the saturation in market in a very way. It either promotes or it kills the business. I think be it promotion or RTP both have their target audiences.
Yes, that's correct. Promotions and RTP will have their own fans so both types will work and will provide benefits for gamblers.
The gamblers themselves will also definitely choose which one they want and some gamblers will choose both.
But I think the level of saturation that could occur in the market is only temporary because if the casinos see the situation, they will look for other solutions so that they can attract more gamblers.
Every casino will also definitely try to grow its business by giving more profits to gamblers.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
I agree 100% with the statement, generally the conglomerate shows that the majority are looking for monetary benefit, it is something normal, it is something that must be accepted and that usually most people are looking for, I also think that those who are looking for fun is only a very small, but they really don't mind losing, they are usually people who have a lot of money, in the world there are many people with a lot of money who sometimes don't know what to spend it on, that is why casinos are the best option for them, although we can be hooked by a good promotion with a high probability of winning, those who only seek to benefit for money reasons, it is very likely that they will end up losing everything if they do not have good risk management, even though they have a High RTP.
There goes the gamblers that are for fun and it's truth but you are right, they could not be a lot of it and if they just do it for fun, they don't mind the losses.

They've got budget of it just like how the usual gambler does. They place in money and the amount that they can afford to lose because they've got a lot of money and resources to have some fun.
Yes, they can only afford to lose only what they have destined or understood to lose, sometimes it is not only that they do not have the capacity, but that players always look for the best options in games and different casinos, I know a friend who likes to play in many casinos and he has money to afford to play every day, in reality the father is the one with the money, and he has always been the spoiled one, the father prefers to keep him well concentrated even if he is playing online in casinos, that the son to go to other places where he has other types of dangers, that sounds somewhat controlling on the part of the father and with excess protection, but he is a person who frequents many casinos and loves slots.
full member
Activity: 1204
Merit: 110
Marketing is the best way to get people to get there. They have to do this because that's how they access the money resources. But they need to think long term. If players are comfortable with the current site they are dealing with in terms of this RTP and other similar aspects, if they see it, they'll definitely stay.

Well, The question was if you like promotions over better RTP. I know that promotion is the best way to get people there. But, To make players stay there, Casinos have to improve the overall experience. I agree with you that they need to think long-term. Take 1xBit scammers, for example, and They get a lot of players from promotion only. But, I don't think players like to play there since they are known as scam casinos. They don't block player accounts as long as they lose their money. But, When a player starts winning, They block the user's account. So, Only promotions cannot make players stay on the platform.
With the passage of time - as there are more and more casinos there is a lot of confusion what people should do and what not. I don't see the saturation in market in a very way. It either promotes or it kills the business. I think be it promotion or RTP both have their target audiences.
sr. member
Activity: 476
Merit: 523
Marketing is the best way to get people to get there. They have to do this because that's how they access the money resources. But they need to think long term. If players are comfortable with the current site they are dealing with in terms of this RTP and other similar aspects, if they see it, they'll definitely stay.

Well, The question was if you like promotions over better RTP. I know that promotion is the best way to get people there. But, To make players stay there, Casinos have to improve the overall experience. I agree with you that they need to think long-term. Take 1xBit scammers, for example, and They get a lot of players from promotion only. But, I don't think players like to play there since they are known as scam casinos. They don't block player accounts as long as they lose their money. But, When a player starts winning, They block the user's account. So, Only promotions cannot make players stay on the platform.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
Do the RTP only works in third party provider games? I see some in-house slots game do they also have RTP? I think you can only verify the bet but they don't have RTP like the common casino games we get used to, or am I wrong?
Most of the members in the forum believe that a mix of both would be good. But not sure if the gambler would have time to go through all the terms and conditions or they like to go through what they have thought about the bet.
The easy way? only connect with the gambling site that has no strict in verification and participation , because if you wanted an easy step then find where you can get those because we have tons of gambling sites available now and each of them has a Unique way of providing RTP pr their promotions  so just choose between .
Marketing is the best way to get people to get there. They have to do this because that's how they access the money resources. But they need to think long term. If players are comfortable with the current site they are dealing with in terms of this RTP and other similar aspects, if they see it, they'll definitely stay.
and that is depend on what gamblers want and what Gambling sites can offer , so in the end this is not really debatable instead its a matter of choice .
hero member
Activity: 882
Merit: 730
Marketing is the best way to get people to get there. They have to do this because that's how they access the money resources. But they need to think long term. If players are comfortable with the current site they are dealing with in terms of this RTP and other similar aspects, if they see it, they'll definitely stay.
legendary
Activity: 2604
Merit: 2353
Thank you, Mahdirakib.

And yes, you are indeed correct - variance plays a significant role in any slot session. Therefore, related to wagering, it's wise to choose low-variance games to finish/clear wagering requirements. However, there is another point of view.

Some players choice high-variance slot games. And for a good reason. As variance is higher, it also means that players can get a higher advantage over casinos due to the variance. (Of course, if the player is lucky enough, in a relatively short session).

Simply put, the casino always has the house edge over players. No matter if it's 1% or 10%. But with ultra-high variance games, the lucky player can cash out early in the game by hitting that rare 5,000xbet-size win.

In other words, if you imagine the lowest of the lowest variance game (zero variance), the casino will take its profits on every single spin. Just as my example in the previous post. There would be no chance for a player to cash out or win. That's why a high-variance slot game perfectly makes sense to many casino players.
And what will do the player with his winnings after that? You think he will stop gambling and never play any slots neither any gambling games again? In the same way he has been lucky to encounter a big win, he will maybe one day encounter a big losing streak or a big loss due to a fat finger. In the long run, he's more likely to lose his winnings than to increase them because the excepted value remains negative.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
I agree 100% with the statement, generally the conglomerate shows that the majority are looking for monetary benefit, it is something normal, it is something that must be accepted and that usually most people are looking for, I also think that those who are looking for fun is only a very small, but they really don't mind losing, they are usually people who have a lot of money, in the world there are many people with a lot of money who sometimes don't know what to spend it on, that is why casinos are the best option for them, although we can be hooked by a good promotion with a high probability of winning, those who only seek to benefit for money reasons, it is very likely that they will end up losing everything if they do not have good risk management, even though they have a High RTP.
There goes the gamblers that are for fun and it's truth but you are right, they could not be a lot of it and if they just do it for fun, they don't mind the losses.

They've got budget of it just like how the usual gambler does. They place in money and the amount that they can afford to lose because they've got a lot of money and resources to have some fun.
full member
Activity: 618
Merit: 145
Quote
One of the casinos where I gamble have gone totally overboard with their marketing campaigns. They are spending millions of dollars on marketing and to fund this, they introduced several projects to increase traffic to their site. Now, I am not going to say which site it is.... but I guess a lot of people play there.  Roll Eyes

The site is great ....but the gambling experience has deteriorated... because the RTP has been nerf'ed to hell and gone to pay for these projects.

Now my question is this... do you prefer that a casino offer loads of promotions and campaigns and sponsorships and sacrifice RTP in favor of that.... or will you rather have a decent gambling experience with a better RTP?

Let's discuss...  Wink

I think that a good gratification at the time of playing would be more viable than spending on pure promotions, but at the same time they need to have a good promotion to attract players, it would be useless to have games with a lot of chances to win but without traffic. As an average player, I would like there to be a balance between promotions and RTP, because the more players there are on the platform, the more money comes into the casino and I think the chances of winning increase. I think a casino that spends a lot on RTP and does not offer the required marketing will not have the same effect on the market and therefore will be more competitive with other casinos.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino

Usually, we do not find both RTP and promotions in most of gambling casinos. There are some gambling casino's which focus only on RTP while for others promotions are more important to attract gamblers. I think RTP is more important because with promotions only, gamblers may play once or twice at your site but they will not return back if the RTP is not good and most of their money is lost in gambling.
That's an important stance though. But my question is would the senior player prefer promotions as well. On the other hand - if they have mind set straight for what they want to bet and how they are going to play. Would they be availing the promotion or would they playing on their own bet?

Some senior players will also prefer promotions because they also want to get some bonus that they can gamble on.
Moreover, some of the senior players often used more money than the other players so that if added to the promotion, they would get more.
Whether it's RTP or promotion, everyone will choose what they like and many of them will select both to get more benefits.
So both RTP and promotion can make them play longer than usual.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
I once played on a casino with more than 100 free spins and nearly one $300 however I need to wager that win and ended up losing so for me I think it is important to have promotions to attract players but also having a better RTP would be good for players that will be playing for too long and promotions for not that active players.

Sign up bonuses are really a thing in a casino or other gambling sites. These are made and given to new players to entice them to play and of course, wager so that the casino won't be on the losing end. As far as I know, most casinos don't really offer big amounts from bonus spins. I was wondering how you did it. But perhaps it's feasible if you're skilled and lucky enough.

RTP is essential to retain the players. Once a player started to play in that certain casino or site, of course, he is expecting some winning. If the house's rtp is very low, most probably the players will not be encouraged to stay and rather go out and find a new casino that will cater their needs. Because as you see, not everyone is just also after the fun, but also after the monetary prizes that come along with betting.

I agree 100% with the statement, generally the conglomerate shows that the majority are looking for monetary benefit, it is something normal, it is something that must be accepted and that usually most people are looking for, I also think that those who are looking for fun is only a very small, but they really don't mind losing, they are usually people who have a lot of money, in the world there are many people with a lot of money who sometimes don't know what to spend it on, that is why casinos are the best option for them, although we can be hooked by a good promotion with a high probability of winning, those who only seek to benefit for money reasons, it is very likely that they will end up losing everything if they do not have good risk management, even though they have a High RTP.
copper member
Activity: 2338
Merit: 1293
Need a Bounty Manager? t.me/shasan32
I have a funny experiences in slots, when I played on low/normal RTP games sometimes I win bigger by luckily hit the high multipliers. But when I played on high RTP games, I didn't even hit the high multipliers and most of the cases I lose more than I win. But in some cases, the bonus still save me a bit due to high wagering. I'm not really looking games with high RTP, I'm more looking which games I usually have a luck.
You face something which is excrption and as you know we should not count exception hence we should count which faces by the majority person/gamblers. And the majority fambers face the opposite of you. So, we should not consider it for the exception.
hero member
Activity: 2982
Merit: 790

Usually, we do not find both RTP and promotions in most of gambling casinos. There are some gambling casino's which focus only on RTP while for others promotions are more important to attract gamblers. I think RTP is more important because with promotions only, gamblers may play once or twice at your site but they will not return back if the RTP is not good and most of their money is lost in gambling.
That's an important stance though. But my question is would the senior player prefer promotions as well. On the other hand - if they have mind set straight for what they want to bet and how they are going to play. Would they be availing the promotion or would they playing on their own bet?

If i were to answer such question then i do prefer on making bets from my own deposit and wont be tending to touch up any promotions and bonuses because it do really sucks everytime you would really

be needing to hit up threshold or requirement for you to make out complete withdrawal of overall funds or simply you do need to wager which do really sucks when you are actively making
out some withdrawals anytime you do win.Its a hassle thing for me thats why im not really that interested but i dont know on some on why they are really interested on this one.
legendary
Activity: 2730
Merit: 7065
I am seeing this thread for the first time, but I will share my opinion nevertheless.
Marketing campaigns are usually designed to attract new players. Preferably those with a lot of money to spend. Companies often forget about the customers who have been with them for many years. They look at them as already hooked to the product and there is no need for new stimulus and attention.

You can see that all over the place, and casinos are not doing anything different. If you want to sign with a new TV and Internet provider, you will find plenty of offers of 50% discounts for the first year, and things like that. But if you have been with the provider for 5 or 10 years, you don't get any discounts.

So I prefer higher RTPs and greater chances to win some money instead of having the casinos lower the reward pools because they are financing heir marketing campaigns with that money. 
full member
Activity: 1050
Merit: 110

Usually, we do not find both RTP and promotions in most of gambling casinos. There are some gambling casino's which focus only on RTP while for others promotions are more important to attract gamblers. I think RTP is more important because with promotions only, gamblers may play once or twice at your site but they will not return back if the RTP is not good and most of their money is lost in gambling.
That's an important stance though. But my question is would the senior player prefer promotions as well. On the other hand - if they have mind set straight for what they want to bet and how they are going to play. Would they be availing the promotion or would they playing on their own bet?
hero member
Activity: 2758
Merit: 617
Leading Crypto Sports Betting & Casino Platform
Do the RTP only works in third party provider games? I see some in-house slots game do they also have RTP? I think you can only verify the bet but they don't have RTP like the common casino games we get used to, or am I wrong?
Most of the members in the forum believe that a mix of both would be good. But not sure if the gambler would have time to go through all the terms and conditions or they like to go through what they have thought about the bet.

Usually, we do not find both RTP and promotions in most of gambling casinos. There are some gambling casino's which focus only on RTP while for others promotions are more important to attract gamblers. I think RTP is more important because with promotions only, gamblers may play once or twice at your site but they will not return back if the RTP is not good and most of their money is lost in gambling.
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
Most of the members in the forum believe that a mix of both would be good. But not sure if the gambler would have time to go through all the terms and conditions or they like to go through what they have thought about the bet.
Not most but all members would prefer a casino that offer both high RTP and more promotions, who in his right mind would say no to this!
The problem is that such thing is not feasible. A casino with high rtp or low house edge makes less profit and hence can't afford to offer many promotions at least not ones that give big rewards. If they do, they will end up bankrupt in no time.

Both segments are part of the marketing strategy and in many ways important. While casino promotions and welcome bonuses allow the casinos to get new players in the door, some of those players will then become loyal players . That will lead to a healthy and long-term revenue stream for the casino, provided they provide them with a quality product. But to keep their revenue steady, the casinos will need to continuously provide their regular players with enticing offers and competitive gaming environments. Otherwise the one-off promotions will not sustain the revenue. In other words, a strategy of attracting new players is only temporary and what you really need is an active player base. That is where the regular players come in. For this reason a good casino must balance the amount of promotions that they give to their regular players with the amount of rake they take from them. It is always a balancing act, but one that needs to be done correctly or the casino will go bankrupt.
legendary
Activity: 2338
Merit: 1124
Some are just bad luck or don't do good in promotions but they can do better on the standard games so they will prefer better rtp and one more thing is that promotions don't last forever and they can only come rarely but standard games are there at all times, which means you can win much better if you are lucky than compare to when you only participate on promotions.

Not only in promotions but gambling in general doesn't guarantee us a win. It is a business not a charity as what most people say so therefore expect to lose or we can say don't expect to win but only enjoy every moment when you are playing.
Even though I believe that promotions could be 7/24 and one could end while the other one starts, I still believe that you are right. I mean a smaller chance of winning something huge doesn't worth losing more on each and every bet. That just makes it easier for me to lose all my money and quicker, which is not really fine for me.

The best case for me would be to actually end up with a proper profit with my betting, or at least losing it slower. Plus, just because a place has better RTP doesn't mean that they won't do promotions. Promotions are the marketing of casinos and they will be forced to do it to get new people so we take advantage of that anyway.
legendary
Activity: 2520
Merit: 2853
Top Crypto Casino
Most of the members in the forum believe that a mix of both would be good. But not sure if the gambler would have time to go through all the terms and conditions or they like to go through what they have thought about the bet.
Not most but all members would prefer a casino that offer both high RTP and more promotions, who in his right mind would say no to this!
The problem is that such thing is not feasible. A casino with high rtp or low house edge makes less profit and hence can't afford to offer many promotions at least not ones that give big rewards. If they do, they will end up bankrupt in no time.
Pages:
Jump to: