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Author Topic: Do you prefer lots of promotions over better RTP?  (Read 1739 times)
milewilda
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April 14, 2022, 08:33:55 PM
 #141

As a gambler then i do really have  this kind of behavior on which i do really search off on new gambling sites which i do hope that it would be having much better compared on the current/recent site that ive been playing

with and if i do see that it isnt really that much interesting or doesnt find something revolutionary then i would just simply switch back and continue to stay on where i do prefer to play and this is where
most people do really act out.We do stay on place which we do seem that give us some good experience and being comfortable despite of the high chance or risk of losing money.
It will be okay if you are looking for a new gambling site to compare their services, and I think it is also necessary to do so that we can get a gambling site that can make us comfortable while playing gambling. And usually, every gambling site will always provide good promotions every day or week, which can attract more gamblers to come to their site. I can only give advice not to spend too much money if it is to test the new site because we don't know how they will go through the process. We really need to know if their site is safe and can be our next gamble.
I agree in to that point or comment that people would really be testing out gambling sites specially new ones because we are really that curious on what offers that they would really be giving which might
or might not be better on the current site you are playing on and if you do find out that it do offer something better then its understandable that people would be finding something like new.
If we do find out to be interesting then we would really be transferring but if not then we would stay as simple as that.

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April 14, 2022, 08:39:30 PM
 #142

I don't believe in gambling that takes a huge amount of their hot wallet just to sponsor a promotional project unless the team is planning on developing its native token and even at that the team needs to have available funds to keep the players serviced at all time. I will rather play in a casino that offers the players various promotion and not taking huge amount to pay promotional materials that are outside the casino.

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mm2543363580
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April 14, 2022, 09:18:31 PM
 #143

I don't believe in gambling that takes a huge amount of their hot wallet just to sponsor a promotional project unless the team is planning on developing its native token and even at that the team needs to have available funds to keep the players serviced at all time. I will rather play in a casino that offers the players various promotion and not taking huge amount to pay promotional materials that are outside the casino.
With the passage of time - as I am getting old - I find ads and advisement very annoying.
The ads and bonuses are more attractive to newbie and beginners and not the serious and senior players. So I think it depends on the target audience.

CaVO32
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April 14, 2022, 09:20:07 PM
 #144

I don't believe in gambling that takes a huge amount of their hot wallet just to sponsor a promotional project unless the team is planning on developing its native token and even at that the team needs to have available funds to keep the players serviced at all time. I will rather play in a casino that offers the players various promotion and not taking huge amount to pay promotional materials that are outside the casino.

If they can't sustain those huge promotions, better look in a more sustainable approach like better RTP. Because not many players are joining these promotions as usually they have certain conditions to be met, and so not all can afford to participate. But with better RTP, all players can benefit from it whether you are a small timer or high roller. And if the gamblers are happy about it, they will already have a good marketing campaign, which is the word of mouth. People talk so that's one way of attracting people without spending any penny from promotion.
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April 14, 2022, 09:31:47 PM
 #145

The RPT is critical in my opinion, you need to win often to keep playing - there is a limit on the number of times once can get battered and still enjoy the game. Promotions should only be exceptions and happen no more than 3 or 4 times a year, with a clear objective and deadlines. If it happens all the time, there is a problem with RTP but also with the appraisal of the site in general.

Theones
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April 14, 2022, 09:55:54 PM
 #146

The RPT is critical in my opinion, you need to win often to keep playing - there is a limit on the number of times once can get battered and still enjoy the game. Promotions should only be exceptions and happen no more than 3 or 4 times a year, with a clear objective and deadlines. If it happens all the time, there is a problem with RTP but also with the appraisal of the site in general.
Yes - you are right - for a serious player RTP is more important, and I liked the point you have mentioned that promotions should be done thrice a year so that people maintain their interest. And time is money as well. Please don't waste time in learning more about promotions these days -I think PTP should be given due importance.

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April 15, 2022, 09:53:01 AM
 #147

The RPT is critical in my opinion, you need to win often to keep playing - there is a limit on the number of times once can get battered and still enjoy the game. Promotions should only be exceptions and happen no more than 3 or 4 times a year, with a clear objective and deadlines. If it happens all the time, there is a problem with RTP but also with the appraisal of the site in general.
I honestly think 3-4 promotions a year is way too low given that most of the competitors are going all out on promotions.

Even if there's one casino that offers better RTP than the rest you can still get unlucky, like how some casinos show live RTPs on certain games and show which game is hot and cold in the last 24 hours, week, month.

If they can't sustain those huge promotions, better look in a more sustainable approach like better RTP. Because not many players are joining these promotions as usually they have certain conditions to be met, and so not all can afford to participate. But with better RTP, all players can benefit from it whether you are a small timer or high roller. And if the gamblers are happy about it, they will already have a good marketing campaign, which is the word of mouth. People talk so that's one way of attracting people without spending any penny from promotion.
RTP won't do much because like what mind mentioned above having a better product won't be enough when there are so many casinos competing for new players. Promotions are still needed and there are different ways to do it, one good example is Stake's promotion you'll notice that most of their promotions have reasonably low minimum bets to participate so that there would be more players interested.

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April 15, 2022, 10:04:34 AM
 #148

RTP won't do much because like what mind mentioned above having a better product won't be enough when there are so many casinos competing for new players. Promotions are still needed and there are different ways to do it, one good example is Stake's promotion you'll notice that most of their promotions have reasonably low minimum bets to participate so that there would be more players interested.

Well, Sometimes Promotion sucks. It's okay If you can control yourself and make deposit that you can afford to lose. Promotions like 100%, 150%, and 200% Deposit bonuses will get your attention fast. Don't forget to check bonus terms. Because most of the time, these deposits have wagering requirements. You can end up losing the money you have deposited. That's how casinos do business.

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VanityWallets2015
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April 15, 2022, 10:23:39 AM
 #149

RTP won't do much because like what mind mentioned above having a better product won't be enough when there are so many casinos competing for new players. Promotions are still needed and there are different ways to do it, one good example is Stake's promotion you'll notice that most of their promotions have reasonably low minimum bets to participate so that there would be more players interested.

Well, Sometimes Promotion sucks. It's okay If you can control yourself and make deposit that you can afford to lose. Promotions like 100%, 150%, and 200% Deposit bonuses will get your attention fast. Don't forget to check bonus terms. Because most of the time, these deposits have wagering requirements. You can end up losing the money you have deposited. That's how casinos do business.

Not at all some gambling sites lets you use the deposit bonus and if it is gone then you have your original deposit it's like extra money but you need to wager it and if you can't wager it or lose it that's the only time you can use your real deposit.

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April 15, 2022, 10:46:28 AM
 #150

I don't believe in gambling that takes a huge amount of their hot wallet just to sponsor a promotional project unless the team is planning on developing its native token and even at that the team needs to have available funds to keep the players serviced at all time. I will rather play in a casino that offers the players various promotion and not taking huge amount to pay promotional materials that are outside the casino.

That is true. I remember one time when a new dice game managed to have whale player playing in their website and won and the gambling site offers to pay the win on a monthly basis which is ridiculous for the player. Imagine winning one time and you will receive it all in a year.

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April 15, 2022, 11:45:35 AM
 #151

I don't believe in gambling that takes a huge amount of their hot wallet just to sponsor a promotional project unless the team is planning on developing its native token and even at that the team needs to have available funds to keep the players serviced at all time. I will rather play in a casino that offers the players various promotion and not taking huge amount to pay promotional materials that are outside the casino.

That is true. I remember one time when a new dice game managed to have whale player playing in their website and won and the gambling site offers to pay the win on a monthly basis which is ridiculous for the player. Imagine winning one time and you will receive it all in a year.
Promotions are attractive to the beginners - while the senior players and someone with a lots of busy routine will have something else going on his mind rather than saving a few buck. I think a balance is much needed. A good mix of promotion and RTP is all what is needed.

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April 15, 2022, 12:53:32 PM
 #152

I don't believe in gambling that takes a huge amount of their hot wallet just to sponsor a promotional project unless the team is planning on developing its native token and even at that the team needs to have available funds to keep the players serviced at all time. I will rather play in a casino that offers the players various promotion and not taking huge amount to pay promotional materials that are outside the casino.

That is true. I remember one time when a new dice game managed to have whale player playing in their website and won and the gambling site offers to pay the win on a monthly basis which is ridiculous for the player. Imagine winning one time and you will receive it all in a year.
It just doesn't seem reasonable to take it all in a year. Where will the casino website pay the winners from, especially if the number of winners increases because if one or more people can win prizes on one site, it will attract several other people to join in on that site. But indeed, we cannot deny that a good promotion will be able to attract the attention of many people, especially the whales, to play on that site. And this is what every crypto gambling site must do if they want to thrive in the future.

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April 15, 2022, 01:24:22 PM
 #153

Well, Sometimes Promotion sucks. It's okay If you can control yourself and make deposit that you can afford to lose. Promotions like 100%, 150%, and 200% Deposit bonuses will get your attention fast. Don't forget to check bonus terms. Because most of the time, these deposits have wagering requirements. You can end up losing the money you have deposited. That's how casinos do business.

I think you've got a point there. In my case, as I play poker I don't care, because I usually end up meeting the wagering requirements and it's profitable for me, with one exception: when the promotion has a short time limit to meet the wagering requirements, in which case if I think I'm going to have to play longer than usual for me in that period, I don't take advantage of the offer.

The fact is that promotions attract players and the houses know it. I would say that it is more profitable for them if they want to have 0.5% HE for example, to advertise that they have 1% HE and then offer 0.5% in promotions, than to directly advertise that they only have 0.5% HE and not offering any promotions.

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April 15, 2022, 01:41:11 PM
 #154

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

Right. There needs to be an equal stress on the importance of promotion and RTP. But ultimately, RTP is what carries a platform's profits in the long run. If not for RTP, casino player base might see a steep drop as time progresses. Newbies are only there for the bonuses. Once that runs out, they also hop in to another casino for the bonuses. If you can give them an incentive to stay and play for long, they'll do that on themselves and they would need not the insistence of the platform.

Well, the newbies just boost their game play time with the bonuses, but they are not the gamblers that are bringing in the real money. The profit for the casinos come with the highrollers and that is why most promotions and challenges are geared towards giving back to highrollers to keep them gambling.

The thing is... even the highrollers wants value for their money ....so a favorable RTP will also benefit them. A lot of the casinos are just greedy and they forget the basics, because they are too focused on aggressive marketing.  Roll Eyes

I also do casino hopping at times when I have the luxury of time, because who would want to ignore 250% first deposit bonus and other cool stuff that they brought upon new users? I gamble mainly for entertainment, much less about winning (because I already accepted that I'll never win big from dice, ever), that's why I always look for platforms that give my money some value and give their players some incentives if they play for long. It's what people like us look for, not fancy bonuses that will run out once you lost all your first deposit.

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April 15, 2022, 02:26:04 PM
 #155

Interesting query op. Personally, I prefer higher RTP over promotions since it provides a higher chance of winning when compared to promotions where the chances of winning are usually unaffected.

Also, I prefer playing games with a lower house edge like Baccarat, Blackjack, Dice etc. Crypto casinos need to keep increasing RTP and provide an optimal number of promotions simultaneously in my opinion.

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April 15, 2022, 04:41:05 PM
 #156

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?
As far as I know everyone who tries to play on a slot machine, the first thing they pay attention to is RTP, usually slot players always prioritize and pay attention to the RTP level on offer, if as you say a gambling site sacrifices RTP for campaigns, and reduces the total payback in slot games it will be bad for the site.

I'm sure many slot players are looking for other sites with higher RTP levels, maybe I myself don't agree with sacrificing RTP for campaigns, as I said above, generally people always look for and choose the slot that has the largest RTP they know the chance of profit is greater, rather than reducing the RTP value, Should, the gambling site, have other alternatives than sacrificing RTP.

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April 15, 2022, 04:59:39 PM
 #157

Interesting query op. Personally, I prefer higher RTP over promotions since it provides a higher chance of winning when compared to promotions where the chances of winning are usually unaffected.

Also, I prefer playing games with a lower house edge like Baccarat, Blackjack, Dice etc. Crypto casinos need to keep increasing RTP and provide an optimal number of promotions simultaneously in my opinion.
I used to gamble and then I lost so much of my money and I stopped for a moment.
I always preferred RTP but now I look for bonuses because I have no money in my wallet. So the promotions give me some relief and then obviously RTP.

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April 15, 2022, 06:28:31 PM
 #158

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've actually seen in the suspicions in the past, at least with fiat currency casinos, that you might be penalized for taking advantage of offers. It's obviously going to vary wildly between different casino setups, but it makes sense - casinos are in business to make money, not be taken advantage of by shrewd players who chase bonuses. If you regularly take advantage of such promotions and are even able to turn into a "winning" player because of it, then eventually your account will be marked and you may lose these perks. When your account is blacklisted it can result in even worse odds and you'll stop receiving any offers. All that being said, there are lots of casinos to offering these things and a skilled player can grind a small profit out of these benefits.


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April 15, 2022, 10:00:33 PM
 #159

Well, I'm in both of them. There's the beneficial part for the gamblers if there are more promotions and as well as RTP. But balancing it depends on the casino where you're playing and what they're looking at.
If they have become aggressive in their marketing and promotions then you have to understand what they're up to. As long as the gambling experience never changes, there's no need to jump elsewhere.
^ Probably a low-budget casino will for sure consider first the promotions especially for those gambling casinos that have been recently started or those did not yet have decent users. After they will benefit from their promotions it could be the RTP will follow and most usually we see it here, promotions first, and then when it is effective they will have a high RTP to maintain their user stay on the site.
However, there are gambling casino that most generous giving promotions and RTP, probably because this also have a high return to them when the more users have the more profit will come.
This is possible situation that some casinos increases the RTP after they attract gamblers attention, but mostly they don`t need to change anything i think. They have gamblers, who got promotion and don`t want to change casino for 1-2% of RTP. And the situation with high promotions and RTP the same time is possible for large casinos or new casinos with big money that the owners ready to spent in marketing. These casinos may get nice profit, but the first time they need money to start.
It's always needed as starting out, money to start out and using it correctly like in promotions to get more players that they'll targeting as they begin with the business.
And that's what's happening next, they'll be returning the favor to them through giving the benefits and advantage to the players. If they're good at it, they'll make a lot of them to stay based on the rtp they do.

 
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mak013
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April 16, 2022, 08:05:12 AM
 #160

This is possible situation that some casinos increases the RTP after they attract gamblers attention, but mostly they don`t need to change anything i think. They have gamblers, who got promotion and don`t want to change casino for 1-2% of RTP. And the situation with high promotions and RTP the same time is possible for large casinos or new casinos with big money that the owners ready to spent in marketing. These casinos may get nice profit, but the first time they need money to start.
It's always needed as starting out, money to start out and using it correctly like in promotions to get more players that they'll targeting as they begin with the business.
And that's what's happening next, they'll be returning the favor to them through giving the benefits and advantage to the players. If they're good at it, they'll make a lot of them to stay based on the rtp they do.
It can be different ways of start. Someone can choose the model with lots of promotions and high RTP. In this case they spend lots of money at promotions from start and slowly get refund due to high RTP. But they can get a lot of gamblers from start and they willn`t be disappointed later because it willn`t be RTP or promotion decrease.
The case with decreasing RTP or promotions can help to get refund faster but it`s possible that the casino will loose some gamblers after program change.

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