Topic: Do you prefer lots of promotions over better RTP? - page 12. (Read 1675 times)

Not all promotions and bonus are for everyone including me since some of them have a difficult wagering requirements and I think for long term the better RTP is better than the promotions though having both would also be an advantage to the casino since users could either use the promotion while still enjoying the better RTP.

I think promotion and RTP are both important. Because without promotion the company will never expand. The company attracts the attention of the consumers through promotion. And experienced gamblers gambling on seeing Return to Player (RTP). So if a gambling project wants to retain the player for long term then its RTP aspect should also be taken into consideration.

It depends on the promotion, Usually promotion has requirements that almost impossible to meet such as x50 wagering requirements and above. Only sportsbet and its subsidiaries casino that offers a promotion that only requires one-time bet on the bonus amount. A better RTP is mich better for a player that doing gambling basis because they have a high chance to win oer bet due to improved chance rate. I noticed recently that most of the live show games nerfed there RTP dow to 95% and below which is very alarming and so boring to play.

I guess it doesn't matter if it's RTP or promotional bonuses because if it's both profitable for the members, they will choose which one they will prefer. They will choose the most profitable so it depends on them. I also don't really choose RTP or promotional bonuses. Usually, if the promotion is interesting, I tend to choose the promotion because I see a high RTP also doesn't guarantee us to win more. Maybe it's better if we adjust to the conditions on the site and can choose what is profitable for us.

It never gives an assurance that you will win (I intentionally missed word "always"). It's gambling.

I think promotion and RTP are two different things. Doing heavy marketing will only focus on bringing more and more players to the said Casino and bring awareness to the players or rather to people who have not used the casino in their life and even if they have, it may be that a kind of bonus will be offered for people while RTP is just a theoretical insight for players to guarantee their likelihood of winning whatever they wedge.
There are some Casino that offers an RTP and guess what, a lot of people still lose with their strategy, the reason why it is called gambling, it doesn't always give an assurance that you will always win.

The first step is simple. Just boycott online casinos with nerfed RTPs.

Unfortunately, most online players are not members of BitcoinTalk or other specifically gambling forums. They don't even know what RTP is. That's a fact. And that's why online casinos can still profit from the nerfed RTP action. Unfortunately.

That being said, there are some additional reasons (apart from pure greed) why some casinos are requesting lower RTP set-ups. But that's a theme for another (long) thread.

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You are indeed being wrong.

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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.

[moderator's note: consecutive posts merged]

If there's no other choice and it's only one, majority is going to choose better RTP.

But if it's both and there's no need to choose any of them, all of us are going to agree that lots of promotions is good for the sake not just of the casino but also the stability of it.

More gamblers coming in means that you can have a peace of mind that they stay on the track and operate longer.

I don't even think that the Gambling platforms would even dare to unbalance their RTP and Promotions in ways that the other weighs and be prioritized more. Most of the current successful platforms tend to balance those as RTP creates quality clients and promotions/advertisements adds more clients. If they would ever step up the promotions to the point their RTP would decrease, they will just simply lose their constant momentum of having customers that enjoys their platform. BUT, if they choose to just let the community and players promote them by having an enjoyable and high RTP platform, then they can gain more clients than what they could spend on promotions by influencers, advertisements, or celebrities. How?

Imagine if they will use 20,000USD for a contract to a celebrity or a better marketing strategy/team WHILE having around 10,000 daily consecutive players. They can use that 20,000USD to RTP for those 10,000 who will dare get more as the RTP is already more, hence such idea would already be considered as a implicit promotion or a player-driven advertisement. IF then they use 20,000USD for the promotion than using it for RTP, their quality or RTP before promotion must be the same, else if decreased, such 10,000 players might lost interest on not even winning for tons of time trying.

Could you reveal the site in question?

If they have nerfed RTP to extra-low levels, I suggest leaving the place. There are still gaming spots that offer top (default) RTPs and great VIP offers on weekly levels.

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Agree with you here DarkStar. I haven't published other types of promotions in my previous post, as that would be a really long one. I just took the 100% match bonus as an example.

For example, no-wagering cashbacks (15% +) on weekly levels is something far better than free spins promos or typical comp points. Will do the math in some of my next posts.

[moderator's note: consecutive posts merged]

I still prefer to have a better RTP even if I'm not a regular to that site, in return this are the things these veterans are expecting to have since they'll be sticking to a site. Not just for vets but for a new gambler as well that wanted it. Yeah promotions and bonuses are best to attract new users but I think they shouldn't have to sacrifice RTP that let others stays for a reason.

I think this could be the thinking of the casino management especially if they have done well in the past and are currently maintaining their status but wanted more players. Marketing and advertisement is to bring more awareness to also create traffic. So their main go is not the existing players even though that they don't want to lose them but they are better focusing on winning more players and on the spot this will generate more money for them despite how much they spent in the advertisement. This is a business strategy not that they don't care about the people already existing.

I know which website you mentioned 😀
They keep promoting website Vip club rewards but keep decreasing win chance for users for covering marketing costs. I can't prove it but my experience shows this conclusion after 3 years. Regardless of RTP, playing smart is possible if you know how to manage your bankroll especially with extra boosted bonuses. Just withdraw your bonuses and play somewhere else that you think can pay you with higher RTP. Just my 2 cents.

Wooh. Let me tell you, RTP & Variance are TWO totally different beasts. Of course, you have high-RTP slots with a low-variance set-up, but vice versa also. They are mixing up totally two different things.

Are high-RTP slots better than low-RTP slots?
High-RTP slots are set to provide larger returns than low-RTP games. However, high-RTP slots tend to have low variance where you get consistent wins with low payout rates. Those who are comfortable with small and steady gains tend to prefer high-RTP slots over low-RTP ones where the risk is greater.

Source Link

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So you should have at least some idea about RTP.Its true that promotions are just things for hooking people to play on the site but of course there would really be
requirements of such promotion yet they would not just make or offer it without any conditions which is something on default.

If I am not being wrong, does slots with lower RTP paid bigger than those that has higher RTPs? If that is the case, I guess I would go on playing with the promotion even though it has lower RTP. But still, has different factors to consider before engaging to the promotion and neglect however RTP the slot has. I wouldn't participate to a slot promotion if there are x3 or more wagering requirements. Personally I would not like even having 1x wagering requirement for it since the promotion can cause us money. I would go to those promotions that doesn't require their promo winners of these xx wagering requirements.

Of course, marketing is very important to attract new players but they should make it a point to dedicate their effort to player retention, retention is very important to a service-oriented platform and casinos are like that, they must build a community of loyal players, that is why casinos have a chat group and gives a lot of perks so people will try to reach the VIP status.

Well explained! You have given 3 examples based on the normal mathematical formula and added the importance of variance (volatility) at the end of the description. Actually, the volatility of the slots game has the main impact. Both RTP and the volatility stay on my priority list when I choose any slots game. I don't give any priority to the promotions for the attached wagering requirements.
I give priority to the RTP only when it is related to the wagering. I give priority to the low volatility and high RTP when it is about the number of spins (points gaining contest).

P.S. I just sent a merit to “timerland” by mistake

RTP is what all players are looking for, because there is always some sort of random illusion of winning more than what is deposited.

from another point of view, without marketing and promotions it is not possible to attract new players, and above all, those players who play "just for fun" or play with low amount of money.

If RTP combines with good promotions, many gamblers will visit that casino because they will have a chance to win the money, although not many of them will win that. But if they don't have many promotions but have high RTP, it will be fine for me. But every gambler will have their own way, whether to choose RTP or search for many promotions and all they want is winning much money. If the site has good promotions and offers something good for gamblers, I think gamblers will not think about RTP or only some gamblers will still search for both promotions and RTP.