Do you prefer lots of promotions over better RTP? - page 8.

rojan

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Quote from: longyenthanh on April 12, 2022, 08:04:54 AM

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

Of course there will always be a better RTP for the player than money on marketing. I get pissed off when a casino spends a lot of money on marketing, because I know some of my money is also going to that. I think it is logical that the more they spend on marketing, the more they have to increase the percentage for themselves. Fortunately, there are already so many casinos on the market that there is plenty to choose from.

What we're trying to convey here is that what we're aiming for is a business for casinos and what the business market has to spend here, and that our gamblers are endangering business costs for customers and a certain percentage of each budget to stay away from certain player sites. They spend a lot of money, but from here they force their site

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Quote from: maydna on April 12, 2022, 11:22:59 AM

The promotions they do will also certainly be able to attract more people who will play on their site. It is hoped that with the right promotion, the profits of a site can increase.

Not only does it attract more people but it also encourages their existing players to continue playing. Even if it's only a classic wagering competition there's still a significant increase in wagering activity.

Quote from: Peanutswar on April 12, 2022, 08:33:30 AM

It depends on the RTP of the platform but if you have a number of spins bonuses when deposit I guess there's a higher chance to get a profit like with the bonuses when you hit a good jackpot this is just my personal preference because I do not totally fan with the slot games and base on my experience RTP is just a small percentage but imagine having 30+ bonus spin that might get profitable if you have a good spins.

I agree those 20-30 free spin rewards you can earn from certain promotions are nice even though they're a hit or miss at times since you could get unlucky and get a bunch of dead spins but at the same time, you could get lucky and hit something decent. But on average i've been getting half of the total value of the free spins so it still provides a nice bump to my bankroll.

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Honestly it depends on the player whether he likes better RTP or good promotion but in reality both is important for casino and gambling site since with promotion it would let them attract new players and let the existing players to still play in their website while the RTP most of the casinos site have almost the same RTP so I think it is even in this category.

ya.ya.yo!

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Quote from: Markinzo on April 11, 2022, 12:04:01 AM

What's the essence of the promotions without a good RTP. Will the promotion cause traffic? Yes, but not for long. So what's the essence !

Well, for me the point (essence) of promotions is for the casino to promote themselves to get more "new" gamblers to join the casino. Some of the promotions are there to get existing gamblers to gamble more. (Races/Championships/Tournaments/Challenges)

So, if the RTP is too high to pay for all of this, you will get new people to gamble and your existing gamblers will eventually get frustrated and they will leave. It turns into a cycle that will eventually "kill" the casino... because you will not keep the doors open, if "new blood" does not join the casino and the old gamblers leaving. Roll Eyes

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Quote from: Ryu_Ar1 on April 12, 2022, 09:17:47 AM

Quote from: Markinzo on April 11, 2022, 12:04:01 AM

What's the essence of the promotions without a good RTP. Will the promotion cause traffic? Yes, but not for long. So what's the essence !

True, but in this case, when the gambling site is properly registered, I don't think we need to discuss the RTP again for that matter because they already have their own audit and regardless of the logic, when the gambling site is seen well, it is certain that the RTP there is already tested.
I personally prefer promotions in this case but only for a few sites and some trusted casinos

Especially if the site is a trusted casino, they have slot machine games with high RTP. So those two things, promotions and RTP, will work well for a trusted casino and make its members feel more comfortable playing on that site. The promotions they do will also certainly be able to attract more people who will play on their site. It is hoped that with the right promotion, the profits of a site can increase.

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Quote from: Ryu_Ar1 on April 12, 2022, 09:17:47 AM

Quote from: Markinzo on April 11, 2022, 12:04:01 AM

What's the essence of the promotions without a good RTP. Will the promotion cause traffic? Yes, but not for long. So what's the essence !

True, but in this case, when the gambling site is properly registered, I don't think we need to discuss the RTP again for that matter because they already have their own audit and regardless of the logic, when the gambling site is seen well, it is certain that the RTP there is already tested.
I personally prefer promotions in this case but only for a few sites and some trusted casinos

Return To Player(Player) means the amount the casino allocate to give back to the player in terms of cash back or rakeback that given to the player as reward to there contribution by betting in the website, It’s not subjected to an audit since the Casino decides on this as there part of casino privileges. If the RTP you are pertaining is on the slot reward then the software provider is responsible for that which is not comparable to Casino marketing as Casino doesn’t determine that.

Ryu_Ar1

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Quote from: Markinzo on April 11, 2022, 12:04:01 AM

What's the essence of the promotions without a good RTP. Will the promotion cause traffic? Yes, but not for long. So what's the essence !

True, but in this case, when the gambling site is properly registered, I don't think we need to discuss the RTP again for that matter because they already have their own audit and regardless of the logic, when the gambling site is seen well, it is certain that the RTP there is already tested.
I personally prefer promotions in this case but only for a few sites and some trusted casinos

JohnBitCo

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Quote from: longyenthanh on April 12, 2022, 08:04:54 AM

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

Of course there will always be a better RTP for the player than money on marketing. I get pissed off when a casino spends a lot of money on marketing, because I know some of my money is also going to that. I think it is logical that the more they spend on marketing, the more they have to increase the percentage for themselves. Fortunately, there are already so many casinos on the market that there is plenty to choose from.

Well, we need to understand that gambling is a business for the casino and hence every business will spend money on marketing in order to grow and gain more customers (gamblers in this case). Marketing is the expense of the business and every gambling site allocates a certain percentage of its budget for marketing. So if some gambling sites spend more funds on gambling, we should not be upset about it. It is their right to gain more gamblers on their site.

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Quote from: Peanutswar on April 12, 2022, 08:33:30 AM

Quote from: longyenthanh on April 12, 2022, 08:04:54 AM

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

~

It depends on the RTP of the platform but if you have a number of spins bonuses when deposit I guess there's a higher chance to get a profit like with the bonuses when you hit a good jackpot this is just my personal preference because I do not totally fan with the slot games and base on my experience RTP is just a small percentage but imagine having 30+ bonus spin that might get profitable if you have a good spins.

RTPs are never a small percentage lol. RTPs in slots define in what percentage does the slot would RETURN to its players in each and every game. Hence, the lower the RTP, the lesser players it can attract. Regardless of the bonuses, the RTP remains the base factor on how much they can return. Though it increases your chance since it is a BONUS, it still isn't far different from just having a higher RTP than higher bonus rates.

Basically, RPTs are way better than promotions. It attracts gamblers who really plays and not those who just wants the bonuses based off on promotions. Henceforth genuine audiences.

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Quote from: longyenthanh on April 12, 2022, 08:04:54 AM

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

Of course there will always be a better RTP for the player than money on marketing. I get pissed off when a casino spends a lot of money on marketing, because I know some of my money is also going to that. I think it is logical that the more they spend on marketing, the more they have to increase the percentage for themselves. Fortunately, there are already so many casinos on the market that there is plenty to choose from.

It depends on the RTP of the platform but if you have a number of spins bonuses when deposit I guess there's a higher chance to get a profit like with the bonuses when you hit a good jackpot this is just my personal preference because I do not totally fan with the slot games and base on my experience RTP is just a small percentage but imagine having 30+ bonus spin that might get profitable if you have a good spins.

longyenthanh

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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

Of course there will always be a better RTP for the player than money on marketing. I get pissed off when a casino spends a lot of money on marketing, because I know some of my money is also going to that. I think it is logical that the more they spend on marketing, the more they have to increase the percentage for themselves. Fortunately, there are already so many casinos on the market that there is plenty to choose from.

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Quote from: perla on April 12, 2022, 05:43:37 AM

Does the slot only has the RTP? or even the table games and roulettes? I think I would prefer promotion over RTP since I am not a casino guy and I am more of a sports betting player but if they have good RTP or better RTP and have a good promotions I think that was enough for all the players.

Casino games have RTP in general. This Return To Player depicts the percentage rate of chances in which a player might win as time passes by. The higher the RTP, the better it is for the player because there's a higher probability that he'll win a big amount even in a small bet. Most players really look after this in every casino because this is one of the things that will determine if you will make the most out of your bet. Oftentimes, reputable websites have good rate of RTP which is one of the reasons why they retain many players over time despite the competition in the Internet for gambling websites. Balanced RTP and promotions can definitely help a casino soar because they'll target encouraging new players and retaining the existing clients.

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Quote from: perla on April 12, 2022, 05:43:37 AM

Does the slot only has the RTP? or even the table games and roulettes? I think I would prefer promotion over RTP since I am not a casino guy and I am more of a sports betting player but if they have good RTP or better RTP and have a good promotions I think that was enough for all the players.

Every casino game has an RTP percentage.

For example, European Roulette has 37 numbers and pays x36 on the number hit. 36/37 * 100 = 97.297297 % tRTP (Theoretical RTP)
American Roulette has 38 numbers and pays x36 on the number hit. 36/37 * 100 = 94.736842 % tRTP
Blackjack is one of the best choices in regards to RTP. It can be over 99.6% depending on the Blackjack variation and strategy of playing.

You have mentioned sports betting. Every single sports event bet has tRTP. Wink

perla

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Does the slot only has the RTP? or even the table games and roulettes? I think I would prefer promotion over RTP since I am not a casino guy and I am more of a sports betting player but if they have good RTP or better RTP and have a good promotions I think that was enough for all the players.

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Quote from: Erdogan on April 11, 2022, 10:57:25 AM

I don't know where you got the information that the RTP has been changed, because casinos usually don't share such detailed information. You can only know the maximum RTP range given by the software provider.
However, my guess is that by watching the casino spend a lot of money on marketing, you can just guess that the money comes from the raised house edge.
Unfortunately, marketing is an indispensable weapon of every casino in the fight for customers. If a casino wants to develop, it has to look for new and unfortunately expensive methods of promotion. We can accept it or just look for another casino.

I think on some games, it is possible to see their rtp. The OP noticed that there is a change or a casino will also give a notice about a change in their rtp. We should not judge the casino early because what if the casino is just successful over the past years of its operations? And they have now lots of money to spend on their promotions. If we cant win after seeing the promotions, then it doesn't automatically means that the rtp have been adjusted but we are simply unlucky.

I like a casino that does regular promotion because it gives me confidence, that they are safe and they will not fail to pay me in case I won a really huge amount.

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Quote from: AicecreaME on April 11, 2022, 08:05:18 AM

Quote from: Mauser on April 11, 2022, 07:25:40 AM

In theory I would expect that more promotions and special offers are attracting more customers short term. There should be a strong correlation between a new promotion and higher traffic at a casino. But some of this traffic will probably disappear when the promotion ends. Whereas higher RTP games should keep a higher percentage of the gamblers at the casino. In case the casino has a certain amount of money than can give back to the gamblers either through promotions or RTP, then the casino needs to find the right mix between the two. The thing is that a change in RTP might not really be noticed by the individual gambler. Let's say that the casino changes it RTP from 95% to 96%. It's a big step for the casino, but for the average gambler it only makes a small difference. That's why I prefer to use promotions, here you know exactly what you get and it makes it easier to plan ahead.

This is an interesting insight. Personally, I think greater RTP is more sensible over spending on promotions, especially if a casino or a gambling website is already well known. But now that you've mentioned it, I agree that promotions can be useful to increase the traffic in a site which is of importance to this kind of industry to determine whether it is worth it or not.

I guess the gambling sites should really get the balanced and perfect mixed combinations of both to really achieve their desired result in both garnering new players and at the same time, retaining those existing players on their site. Perhaps these promotions such as collaborations, partnerships, and the likes really matter in terms of marketing to gain more new players. Although they should still not overspend on it because excessive funding of promotion could compromise their services offered without them noticing.

Are their instructors who help people how to gamble or is it a self learning process?
If its a self learning process then people would rather promotion at early level of their gambling and later the same promotion will be unbearable for them.

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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

I don't know where you got the information that the RTP has been changed, because casinos usually don't share such detailed information. You can only know the maximum RTP range given by the software provider.
However, my guess is that by watching the casino spend a lot of money on marketing, you can just guess that the money comes from the raised house edge.
Unfortunately, marketing is an indispensable weapon of every casino in the fight for customers. If a casino wants to develop, it has to look for new and unfortunately expensive methods of promotion. We can accept it or just look for another casino.

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Quote from: AicecreaME on April 11, 2022, 08:05:18 AM

Quote from: Mauser on April 11, 2022, 07:25:40 AM

In theory I would expect that more promotions and special offers are attracting more customers short term. There should be a strong correlation between a new promotion and higher traffic at a casino. But some of this traffic will probably disappear when the promotion ends. Whereas higher RTP games should keep a higher percentage of the gamblers at the casino. In case the casino has a certain amount of money than can give back to the gamblers either through promotions or RTP, then the casino needs to find the right mix between the two. The thing is that a change in RTP might not really be noticed by the individual gambler. Let's say that the casino changes it RTP from 95% to 96%. It's a big step for the casino, but for the average gambler it only makes a small difference. That's why I prefer to use promotions, here you know exactly what you get and it makes it easier to plan ahead.

This is an interesting insight. Personally, I think greater RTP is more sensible over spending on promotions, especially if a casino or a gambling website is already well known. But now that you've mentioned it, I agree that promotions can be useful to increase the traffic in a site which is of importance to this kind of industry to determine whether it is worth it or not.

I guess the gambling sites should really get the balanced and perfect mixed combinations of both to really achieve their desired result in both garnering new players and at the same time, retaining those existing players on their site. Perhaps these promotions such as collaborations, partnerships, and the likes really matter in terms of marketing to gain more new players. Although they should still not overspend on it because excessive funding of promotion could compromise their services offered without them noticing.

Casinos should first build a community this is the first step and most important step, the most important is retention offering them the best RTP is the best option to retain them, a good RTP and an active and loyal user is a casino's best feature you can even get new users by word of the mouth, gamblers will do you a big favor by inviting their friends or fellow gamblers to play so casinos should spend more on better RTP than promotion, promotion is good but things should be first taken care of inside so promotion can take off.
Promotion should be about speaking about how good is the casino and its features.

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Quote from: Mauser on April 11, 2022, 07:25:40 AM

In theory I would expect that more promotions and special offers are attracting more customers short term. There should be a strong correlation between a new promotion and higher traffic at a casino. But some of this traffic will probably disappear when the promotion ends. Whereas higher RTP games should keep a higher percentage of the gamblers at the casino. In case the casino has a certain amount of money than can give back to the gamblers either through promotions or RTP, then the casino needs to find the right mix between the two. The thing is that a change in RTP might not really be noticed by the individual gambler. Let's say that the casino changes it RTP from 95% to 96%. It's a big step for the casino, but for the average gambler it only makes a small difference. That's why I prefer to use promotions, here you know exactly what you get and it makes it easier to plan ahead.

This is an interesting insight. Personally, I think greater RTP is more sensible over spending on promotions, especially if a casino or a gambling website is already well known. But now that you've mentioned it, I agree that promotions can be useful to increase the traffic in a site which is of importance to this kind of industry to determine whether it is worth it or not.

I guess the gambling sites should really get the balanced and perfect mixed combinations of both to really achieve their desired result in both garnering new players and at the same time, retaining those existing players on their site. Perhaps these promotions such as collaborations, partnerships, and the likes really matter in terms of marketing to gain more new players. Although they should still not overspend on it because excessive funding of promotion could compromise their services offered without them noticing.

Mauser

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In theory I would expect that more promotions and special offers are attracting more customers short term. There should be a strong correlation between a new promotion and higher traffic at a casino. But some of this traffic will probably disappear when the promotion ends. Whereas higher RTP games should keep a higher percentage of the gamblers at the casino. In case the casino has a certain amount of money than can give back to the gamblers either through promotions or RTP, then the casino needs to find the right mix between the two. The thing is that a change in RTP might not really be noticed by the individual gambler. Let's say that the casino changes it RTP from 95% to 96%. It's a big step for the casino, but for the average gambler it only makes a small difference. That's why I prefer to use promotions, here you know exactly what you get and it makes it easier to plan ahead.

Topic: Do you prefer lots of promotions over better RTP? - page 8. (Read 1734 times)