Do you prefer lots of promotions over better RTP? - page 10.

stomachgrowls

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Quote from: Cling18 on April 08, 2022, 11:12:47 AM

Only new gamblers would focus on bonuses and promotions because real gamblers would prefer a good flow of RTP. What's the sense of too much advertisement if it will cause traffic and might ruin the whole game? Everything should be put in balance because if there would be a problem with the RTP, it will also affect the reputation of the site.

Cause of too much traffic? Site should really anticipate on possible scenario but i believe that most platforms are ready for that but still that brings a big question of "What if" but in overall you would not

know if the site would really go into that particular state or condition on where there are lots of gamblers who would play on the site.Marketing does play a big role and of course good bonuses and
promotions would be attached to it but we know that there would be particular conditions which do makes it not to be that appealing..
RTP and other odds related things will somewhat a good look up for someone who does have experience in gambling.

bitbollo

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Quote from: Cling18 on April 08, 2022, 11:12:47 AM

Only new gamblers would focus on bonuses and promotions because real gamblers would prefer a good flow of RTP. What's the sense of too much advertisement if it will cause traffic and might ruin the whole game? Everything should be put in balance because if there would be a problem with the RTP, it will also affect the reputation of the site.

this is absolutely true with casino games but this is not the same with sports betting since promotions and bonuses are always welcome and very useful. like special odds or bonus bets allow gamblers to maximize their profit. Definitely not bad.
For certain bets I can also loss a 5-10% of odds if I have more options for my games...

Cling18

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Only new gamblers would focus on bonuses and promotions because real gamblers would prefer a good flow of RTP. What's the sense of too much advertisement if it will cause traffic and might ruin the whole game? Everything should be put in balance because if there would be a problem with the RTP, it will also affect the reputation of the site.

dimonstration

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Quote from: Saisher on April 08, 2022, 10:44:50 AM

It's retention against recruiting new players, we all know that for a casino to run smoothly it must have loyal and permanent players it will not be possible if they have a poor RTP and concentrate on promotion, retention is very important for the casino to continue existing that is why well-established casinos concentrate on retaining their players by offering bonuses giveaways and of course better RTP.

Fair point but Casino should balance the funds allocated on RTP and Promotions because they are both vital on each purposed. Casino is business so it’s normal that they will get more profit most of the time even they offer higher RTP as they promise. In able to benefit on a RTP, ypu need to wager huge money to get back a percentage of it while a promotion in the other hand let new user attract to play in the Casino due to its straight forward. So we don’t need to prioritize any off them because they works in synchronized to each other. Casino with a balance budget for this is the best in long term.

Wapfika

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Quote from: fiulpro on March 31, 2022, 09:27:16 AM

See Promotions are something thats really good to get the people in there, in the new sites since most of the times people do join sites due to promotions as well but ofc RTP matters more since that's something that is going to keep the people in the long haul.

I think RTP is more important that promotions but promotions are definitely important for the short term! I have joined plenty of sites because of the promotions but ended up staying with the one's I liked more, they might not have much promotions but at the end the sites offer better and longer lasting impression on the users and it is more credible and trusted.

Promotion will only attract new players, though not all sites can focus in having both but atleast a balance or still even provide some events or promotion. Even it is not in a regular basis to still attract players. If the website already have traffic or loyal players then RTP is much better and many players still aim that the website their playing with provides good RTP to not waste much of their time playing at loss.

Saisher

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It's retention against recruiting new players, we all know that for a casino to run smoothly it must have loyal and permanent players it will not be possible if they have a poor RTP and concentrate on promotion, retention is very important for the casino to continue existing that is why well-established casinos concentrate on retaining their players by offering bonuses giveaways and of course better RTP.

dothebeats

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Promotion is equally important, but RTP is no doubt, the better choice for better player retention and if one really wants to play for a long time on a single platform. For business perspective, promotion is the most obvious choice. They would need to rake up the numbers of players in their platform in order to ramp up their revenue, but without RTP, they can't keep that same number of players intact for too long. Then again, loyal players to the platform tend to spend more money than new comers, so why not scale up the RTP but keep the promotions open?

I'm a fan of platforms with generous RTP. They're in it to build a community AND profit, but not at the expense of player experience on the platform itself.

VanityWallets2015

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Promotion and high RTP is both important and most gambling site are not focusing on one thing but both since both are important in the casino to keep their player or attract new players some gambling sites are competing in both promotion and higher RTP.

goldkingcoiner

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Quote from: Kakmakr on March 27, 2022, 11:58:46 AM

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

In the short term, the promotional marketing campaigns will get you an audience and even some nice leads. In the long term, the low RTP (Return To Player) is going to make a lot of people want to leave them for a competitor with better RTP.

So in the long term, it is not such a wise decision. Maybe the gambling casino is getting tired and wants a last hurrah before becoming nothing?

Red flag for Investors if yes.

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Quote from: Yogee on March 30, 2022, 05:01:14 PM

Quote from: Kakmakr on March 30, 2022, 01:11:40 AM

..... Imagine visiting a site every day with say a $100 deposit and you can only play for 10 minutes.... How long will it take for you to stop gambling at that site?

Hehe that's going to be the first and last if it happens to me. I wonder what would be the minimum bet to lose that fast? I probably would not even start if I know it would only take that long because it's not worth the experience. I don't think players who prefer fast-paced games would even appreciate that.

Still depends on the situation some of the gambler do some small bets just to enjoy the game at the same time is lessen the possible lose and risk but of course you cannot make a good profit with this game too much unless you hit a bonus and make a buy starter bonuses to get profit. Always selfawareness is the most ideal thing so we can manage when is the right time to stop and still playing, if you are willing to lose your assets you can make a high risk reward, its not ideal to play gambling when you think you are not emotionally stable and mentally so gambling responsibly.

ultraBTC

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Glad to see that majority of Bitcointalk members prefer RTP over promotions. In the long run, playing on the highest/default RTP settings will bring you more playtime, higher chances of a win and overall winning sessions.

Of course, the house will always win in the long run, but you will have a better chance of a good session playing your favorite slot game with default RTP settings. I have recently been a consultant on the blog post covering this topic about nerfed slots. You can check out the graph of how reduced RTP slots vs default ones affect overall slot playtime. Anyway, I will try to summarize it in some of my future threads.

LUCKMCFLY

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Quote from: magneto on March 31, 2022, 06:32:24 PM

Quote from: Kakmakr on March 27, 2022, 11:58:46 AM

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

Oh, absolutely not.

Promos are great but a lot of times it is a waste of time - taking part in one of them will probably set you back a ton of time and money.

Besides, most promotions are actually +EV for the casino (except rare cases).

For a casino, this might work depending on their target demographic. But for the most serious players, they would all care more about RTP rather than promos.

I agree with your opinion, the truth is that the most experienced players care more about the RTP, but honestly, when we think about sites, those with the most promotions are always the ones that attract the most attention, and although many of the casinos are always in search of traffic, we can intuit that if it represents one of the great challenges for casinos, because they understand very well that advertising, marketing pays for itself over time, in addition, promotions attract novice players who get carried away by the best promotions, this is something that maybe they say that if more people enter a platform, more money can be moved (without underestimating professional players)

magneto

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Quote from: Kakmakr on March 27, 2022, 11:58:46 AM

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

Oh, absolutely not.

Promos are great but a lot of times it is a waste of time - taking part in one of them will probably set you back a ton of time and money.

Besides, most promotions are actually +EV for the casino (except rare cases).

For a casino, this might work depending on their target demographic. But for the most serious players, they would all care more about RTP rather than promos.

ethereumhunter

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Quote from: Yogee on March 30, 2022, 05:01:14 PM

Quote from: Kakmakr on March 30, 2022, 01:11:40 AM

..... Imagine visiting a site every day with say a $100 deposit and you can only play for 10 minutes.... How long will it take for you to stop gambling at that site?

Hehe that's going to be the first and last if it happens to me. I wonder what would be the minimum bet to lose that fast? I probably would not even start if I know it would only take that long because it's not worth the experience. I don't think players who prefer fast-paced games would even appreciate that.

I don't think there is a minimum bet to lose that fast because it all depends on the individual gambler. Maybe a gambler will use the all-in for fast betting, but not all gamblers will like the fast bet type because it will cost them all their money. It's better just to use a small bet while enjoying the course of the gambling game and who knows, we can win halfway. And try not to rush to press the button and try not to spend all the money in one day. Save the rest of the money for the next day so you don't have to deposit money back just to gamble.

mu_enrico

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I prefer default high RTP (~96%) for slots. The reason is that I don't like the hassle of activating promotion, playing at the required date/time, and completing the wagering requirement. For sure, it can be more than the reduced RTP if you play frequently. However, I like the freedom of choosing the time and the duration of my playing session. I'm not the kind of player who commits to get better perks, but more of "follows the intuition" type. I jump around casinos when the devil tells me to do so Grin

fiulpro

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See Promotions are something thats really good to get the people in there, in the new sites since most of the times people do join sites due to promotions as well but ofc RTP matters more since that's something that is going to keep the people in the long haul.

I think RTP is more important that promotions but promotions are definitely important for the short term! I have joined plenty of sites because of the promotions but ended up staying with the one's I liked more, they might not have much promotions but at the end the sites offer better and longer lasting impression on the users and it is more credible and trusted.

coin-investor

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Quote from: Kakmakr on March 27, 2022, 11:58:46 AM

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

Every player loves to play in a popular casino with a good reputation but what would make them stay is the RTP, house edge, and features promotions and features go together but between the two, players will prefer RTP because it's fair for players, promotions are for casinos while RTP is for players, the promotion will be worth nothing if they don't like the RTP that would not make them stay.
It's good for both casinos and players to have these two it's a win-win situation for both of them.

Oilacris

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Quote from: DoublerHunter on March 30, 2022, 05:10:51 PM

Quote from: AicecreaME on March 30, 2022, 07:22:17 AM

Campaigns, promotions, partnerships, and collaborations with famous influencers would all be futile if the service quality offered will be compromised. Personally, I prefer having a decent experience with nice RTP because that's how you'll fully enjoy the game and the money you will place on a casino. Those partnerships and campaigns sure help them to encourage more customers or clients, but they better be sure that they are still providing the best services worth every penny. Because if not, clients will eventually lose interest and will have an urge to find a better casino offering what they are looking for.

It would be best if a casino would be able to balance the two. After all, it holds a factor in getting a client and making a client stay at the same time. It will just be up to them how they would do it.

^ Balance the two could be better or put weight on the RTP than the promotions or campaigns because when people try to test it they will surely enjoy it and stay on that platform once they like it and think that there is more beneficial to stay on that gambling casino because it has a high RTP that they can have. The combination of the two I think will cause to the casino becomes a faster-growing casino, as we can see many casinos doing that here and the more active these promotions with also have a high RTP will have a lot of users that stay for sure.

Balance is much more preferable because you cant just focus on marketing but you had missed out or lacking on site features and benefits which could make people or player stay on the site for long.

If you cant able to generate such interest then those things would really be that temporal if you are really focusing on promotions.Having both would be ideal but of course it wont be an assurance.

Handling out gambling business is something thats not easy to be done thats why lots of trial and error you would really be considering out as a business owner.

DoublerHunter

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Quote from: AicecreaME on March 30, 2022, 07:22:17 AM

Campaigns, promotions, partnerships, and collaborations with famous influencers would all be futile if the service quality offered will be compromised. Personally, I prefer having a decent experience with nice RTP because that's how you'll fully enjoy the game and the money you will place on a casino. Those partnerships and campaigns sure help them to encourage more customers or clients, but they better be sure that they are still providing the best services worth every penny. Because if not, clients will eventually lose interest and will have an urge to find a better casino offering what they are looking for.

It would be best if a casino would be able to balance the two. After all, it holds a factor in getting a client and making a client stay at the same time. It will just be up to them how they would do it.

^ Balance the two could be better or put weight on the RTP than the promotions or campaigns because when people try to test it they will surely enjoy it and stay on that platform once they like it and think that there is more beneficial to stay on that gambling casino because it has a high RTP that they can have. The combination of the two I think will cause to the casino becomes a faster-growing casino, as we can see many casinos doing that here and the more active these promotions with also have a high RTP will have a lot of users that stay for sure.

Yogee

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Quote from: Kakmakr on March 30, 2022, 01:11:40 AM

..... Imagine visiting a site every day with say a $100 deposit and you can only play for 10 minutes.... How long will it take for you to stop gambling at that site?

Hehe that's going to be the first and last if it happens to me. I wonder what would be the minimum bet to lose that fast? I probably would not even start if I know it would only take that long because it's not worth the experience. I don't think players who prefer fast-paced games would even appreciate that.

Topic: Do you prefer lots of promotions over better RTP? - page 10. (Read 1734 times)