Why are there slots with over 100% RTP

[pinnit2015]

2 hours ago, OlleBitStarz said:

You're pointing out a lot of valid things there, @pinnit2015.

I understand the perhaps bigger casinos and casinos aspiring for growth that will please shareholders (especially if you're publicly traded), that those casinos
wish to enter regulated market for long-term stability. 

With that said, UK is one of the most saturated gambling market with a long tradition of gambling, which makes it very hard as a new brand to make it over there,
I mean, there's plenty of casinos who's been trying to throw money at establishing a brand over there and Lost millions of pounds. I know for example LeoVegas has
to grind, and spend an insane amount of money over time to get a foot in the door (I was never in favor of it when I was working there). 

On top of that, as you pointed out, we have to adapt to the UKGC rules, pay tax, and be worried about making a single mistake to avoid getting slapped with a
massive fine (that they love to hand out).

We love our UK friends (and sh*t, I'm a citizen), but unfortunately, it doesn't make sense for us to venture into the UK market at this time.

Sorry for being a negative Nancy, but I'm just trying to tell it as it is (from a casino operator perspective).

Olle

 

 

Fear not Olle, I heard if Brexit happens we'll be free to offer casino's cash back on their taxes, instead of taxing them to the hilt. Economic glory years seemingly. 

Might be 2043 so will  have to check if you're still going 

[Flatzem]

Any slot found to be over 100% RTP will be immediately shut down at VS and be thoroughly investigated and brought in line with many of their other slots to the low 90s.

[Feeshmon]

Very interesting. what I have noticed is that the RTP number doesn’t change since I’ve been on Oshi Casino.  But I’m not sure if they change every day or just weekly or some sort

[Afi4wins]

7 hours ago, Feeshmon said:

Very interesting. what I have noticed is that the RTP number doesn’t change since I’ve been on Oshi Casino.  But I’m not sure if they change every day or just weekly or some sort

What you are seeing there is the TRTP of the game...it doesn't change...what changes is the ACTUAL DAILY RTP at the game server (provider's server) but this info is NEVER made public to punters, so no one will ever know if that game has been eating a lot or due to payout a lot very soon!

Casinos would only show certain games that have been paying out above the 100% RTP...to attract more players to play it (meaning, to catch many more unknowing players, to reap in more profits for the casino and provider when the RTP starts dropping down drastically after each good run!)

[Feeshmon]

18 hours ago, Afi4wins said:

What you are seeing there is the TRTP of the game...it doesn't change...what changes is the ACTUAL DAILY RTP at the game server (provider's server) but this info is NEVER made public to punters, so no one will ever know if that game has been eating a lot or due to payout a lot very soon!

Casinos would only show certain games that have been paying out above the 100% RTP...to attract more players to Play it (meaning, to catch many more unknowing players, to reap in more profits for the casino and provider when the RTP starts dropping down drastically after each good run!)

Thank you for this knowledge!! Good to know I greatly appreciate it!