Videoslots dropping all higher RTPs

[pinnit2015]

Alas, it is no longer just the 3/4 countries that VS are dropping to the lower RTP's, it's all of them.

Red Tiger/PNG/Pragmatic will now operate with the lower settings on VS across ALL Markets

So, whilst you may have had the higher RTP in those countries unaffected, tough - join the reduced play time club.

[Fiekie247]

Glad I am not with them anymore....

Guess things are really going bad for the online casino industry... Must admit, although videoslots still give a lot of freebies ( Thursday/Weekend Battles) Daily Cash and Tickets and free spins away obviously for a cost of 2500xp, but still the fact that they are wager free still beat alot of VIP perks out there IMHO, however this could create serious implications for a punter to win a few wager free spins, continue playing and cash out 5k for nothing basically.

[pinnit2015]

23 hours ago, Fiekie247 said:

Glad I am not with them anymore....

Guess things are really going bad for the online casino industry... Must admit, although Video Slots still give a lot of freebies ( Thursday/Weekend Battles) Daily Cash and Tickets and free spins away obviously for a cost of 2500xp, but still the fact that they are wager free still beat alot of VIP perks out there IMHO, however this could create serious implications for a punter to win a few wager free spins, continue playing and cash out 5k for nothing basically.

It's a long way to the top and a quick fall downwards.

Hardly poor by any stretch of the imagination but since i joined:

 - Payout times have gone from minutes to sometimes 6/7 hours

 - Rewards have been at least halved

 - Customer support is patchy now, tho still above average

The above RTP is the icing on the cake though - those drops will have a HUGE impact on your playtime

Whether they're doing it out of greed or simply to survive is kinda irrelevant - Casumo/Redbet etc aren't doing this. Not that it will matter to average Joe who don;t even know what RTP is. 

Seen enough in my time to pick out the tell tale signs and VS are coming down with them unfortunately. 

[Flatzem]

4 hours ago, pinnit2015 said:

It's a long way to the top and a quick fall downwards.

Hardly poor by any stretch of the imagination but since i joined:

 - Payout times have gone from minutes to sometimes 6/7 hours

 - Rewards have been at least halved

 - Customer support is patchy now, tho still above average

The above RTP is the icing on the cake though - those drops will have a HUGE impact on your playtime

Whether they're doing it out of greed or simply to survive is kinda irrelevant - Casumo/Redbet etc aren't doing this. Not that it will matter to average Joe who don;t even know what RTP is. 

Seen enough in my time to pick out the tell tale signs and VS are coming down with them unfortunately. 

I made mistake of not checking RTP of some slots before playing them and later I went to check and found out that some where as low as 91.40%, 92.06%, 93.02%, (won't play those anymore).

And the impact on playtime will mean players may have to redeposit more frequently to continue playing which means more money coming in for the casino or players will play somewhere else but alot of players won't know about RTP's and will just lose at a faster rate thinking their luck has just gone bad.

[pinnit2015]

I think Stakers had the PNG on 89% or something mad.

Other's will follow and soon we'll be looking at Land Based Casino's levels of RTP 

Funny how the UKGC is loving responsible gambling initiatives but wouldn't be bothered if they dropped the RTP's to the mid 80's. Lose faster - more deposits - chasing and the cycle continues. 

[catapultaudio]

7 hours ago, pinnit2015 said:

It's a long way to the top and a quick fall downwards.

Hardly poor by any stretch of the imagination but since i joined:

 - Payout times have gone from minutes to sometimes 6/7 hours

 - Rewards have been at least halved

 - Customer support is patchy now, tho still above average

The above RTP is the icing on the cake though - those drops will have a HUGE impact on your playtime

Whether they're doing it out of greed or simply to survive is kinda irrelevant - Casumo/Redbet etc aren't doing this. Not that it will matter to average Joe who don;t even know what RTP is. 

Seen enough in my time to pick out the tell tale signs and VS are coming down with them unfortunately. 

Videoslots aren't paying out at 00 and 30 on the hour anymore? I haven't played there regularly since they changed to the 2,500XP to participate in the freerolls... That is a LOT of XP to earn really, you need to make a few £100 deposits and get fairly lucky in my experience to gather that much XP.... don't know if it is the games I play not having 100% contribution or what, I stopped trying to work it out after the last time I burnt £200 with only about 400XP earnt... 

They need to accept players are leaving because they are becoming waaaay tight.... and getting tighter isn't going to fix the problem.

[pinnit2015]

2 minutes ago, catapultaudio said:

Video Slots aren't paying out at 00 and 30 on the hour anymore? I haven't played there regularly since they changed to the 2,500XP to participate in the freerolls... That is a LOT of XP to earn really, you need to make a few £100 deposits and get fairly lucky in my experience to gather that much XP.... don't know if it is the games I Play not having 100% contribution or what, I stopped trying to work it out after the last time I burnt £200 with only about 400XP earnt... 

They need to accept players are leaving because they are becoming waaaay tight.... and getting tighter isn't going to fix the problem.

My experience is that they're more inconsistent now - though i do see some people claim they still get paid in that timeframe, my experience isn't like that. Eg. Request a w/d at 1am, it's not being done for me until 8/9 (no biggie cos I'm sleeping)

The wagering for those FS is a bit mad. 

Suppose it depends what you like - I'd rather have a 50/100% depo bonus once a week than the chance to win 5FS. 

[Fiekie247]

I must admit - Sad to see a ''Once'' good casino like Videoslots is also going down the road of badness!!!

I remember before the account closure, my RTP sucked for the last few months, I normally would get at least 2/3 x1000 wins in Jammin Jars, then it suddenly took over 250 spins to get a feature that paid peanuts less than x10 actually. Before feature took on average 100 - 150 spins. PNG was worse then.

When they introduced that Clash of the Spins that's when I saw shiitt was about to happen. Then everything changed, I use to love my 5 euro battle ticket after a new Netent game was released and you get 3/4/5 wins in a row to unlock the reward, I mean honestly all new games, no matter the provider, well at least 98% of the providers new slot releases had a reward, either 5 spins or a 2 - 5 euro battle ticket.

I liked the fact that they reduced the amount of players winning in the big 750GTD etc and those tournaments, as the payouts are bigger for 1st place to say the least,  but then I felt it became very difficult to win in those battles these days.

I also saw 90% of the time those Jack Pot wheel give the weekend booster spins reward, where you are rewarded with more cashback on the next 100 - 250 spins - Bullocks man : Those are not worth it..

And then every other punter out there started complaining and complaining about Videoslots including me who was some of the first, when they hit me with that account closure nonsense.

Anyways I never thought VS would go so low as to lower their RTP at that level. I mean its already difficult winning now and the RTP keeps going down, which begs the question:

With many casinos leaving the UK Markets, with many unhappy players these days and with seriously lowered RTP on the slots by most casinos now, How long would the online casino industry last, in terms of Punters feel like its not worth gambling online  anymore? Will online slotting/gambling eventually fade away? I mean things are really tough out there as it stands. I think Everymatric has been the biggest group thats been effected with all the casino closures under that umbrella.

I mean the only thing that really motivate me to play online is the fact of not driving to land based casinos, having to worry about drinking and driving lol, I guess the fact that I am comfortable in my house, is the only reason I gamble online, I cannot say because I am winning, as I cannot remember when Last I made a decent withdrawal, unless we talking about less than 50.

[Fiekie247]

On 11/2/2019 at 8:00 PM, pinnit2015 said:

My experience is that they're more inconsistent now - though i do see some people claim they still get paid in that timeframe, my experience isn't like that. Eg. Request a w/d at 1am, it's not being done for me until 8/9 (no biggie cos I'm sleeping)

The wagering for those FS is a bit mad. 

Suppose it depends what you like - I'd rather have a 50/100% depo bonus once a week than the chance to win 5FS. 

I was never a fan of Videoslots deposit bonuses.

I remember claiming a bonus once, when I lost all my funds, the bonus was still active, but I did not know that and made a straight clean deposit of $100, had a nice x500 hit on $1 and wanted to withdraw, Until I saw I have a bonus active, if I withdraw it will cancel all my winnings.

My thing is I release the bonus increments, surely if I released $10 after x amount of wagering, that means I rightfully own that money and should I cancel the bonus, then I should keep the money because I already wagered the required amount to release that small portion.

The FS wagering when it used to be 500 euro as qualifying criteria in past 7 days was still okay and you could benefit at least.

I only experienced twice where I had to wait a few hours for the the withdrawal, and they told me the staff are not in the office to process the payment, I was like WTF, any time of the day I would get it in 5 minutes or  less.

Are we seeing another SlotsMillion here?

[pinnit2015]

Think you're seeing a company gearing up for either two things

1. To be sold and to make the business as attractive to prospective buyers (they're apparently adding a sportsbook)

2. In trouble financially 

Given that they'd be better getting rid of things like clash of spins, I'd hazard a guess at 1. 

Maybe it's 3 and they think they can simply make more money doing it this way as most won't even know that their cuts to those providers RTP's will nearly 1/2 their playtime. Either way, i think it's very short termist - if you can't offer a customer the best product, when your competitors can, you're in trouble. 

If we take the idea that the RTP's are going to fall across most casinos - and there's rumours of it being in the 94-95 range next year for some on the 96 currently - then the only alternative i can see to going to land based will be the big bookie type places like W Hill etc. 

Only surmising based on limited info - maybe they're visionaries who are simply getting ahead of the others in doing this, I dunno....

If it goes any lower you'd be better going Landbased as least there you'll get free food and drink. 

[pinnit2015]

Mystery Reels Megaways

98% on some sites

93% on VS

Hard Choice. 

[Fiekie247]

2 hours ago, pinnit2015 said:

Think you're seeing a company gearing up for either two things

1. To be sold and to make the business as attractive to prospective buyers (they're apparently adding a sportsbook)

2. In trouble financially 

Given that they'd be better getting rid of things like clash of spins, I'd hazard a guess at 1. 

Maybe it's 3 and they think they can simply make more money doing it this way as most won't even know that their cuts to those providers RTP's will nearly 1/2 their playtime. Either way, i think it's very short termist - if you can't offer a customer the best product, when your competitors can, you're in trouble. 

If we take the idea that the RTP's are going to fall across most casinos - and there's rumours of it being in the 94-95 range next year for some on the 96 currently - then the only alternative i can see to going to land based will be the big bookie type places like W Hill etc. 

Only surmising based on limited info - maybe they're visionaries who are simply getting ahead of the others in doing this, I dunno....

If it goes any lower you'd be better going Landbased as least there you'll get free food and drink. 

And a VIP card, so enjoy the casinos facilities, such as free staying for a weekend apart from the drinks and food,

[pinnit2015]

1 hour ago, Fiekie247 said:

And a VIP card, so enjoy the casinos facilities, such as free staying for a weekend apart from the drinks and food,

Funnily enough the VIP online perks are likely to go in the U.K. as well. Already are talking, in line the capping max stakes, to Possibly do away with such things as they encourage people to bet more etc.

These are dark days! 
 

I can see myself booting up Raging Rhino in a Glasgow casino next year.