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.
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...
For me, the answer is pretty clear here. I agree with most of the previous posters -
RTP is what matters. So let's check out three different scenarios here.
(Scenario A - Highest RTP, Scenario B - lowered RTP settings & Scenario C - lowered RTP but with a great promotion included.)Just for simplicity, we will choose a no-variance slot game (zero variance). In a no-variance game, every single spin/bet returns the bet-amount minus house-edge. Of course, in reality, such a game would be boring as hell and with no excitement at all, but we will get to the point.
SCENARIO A.)A player deposits 200 USD, playing his favorite slot game at default (highest) RTP settings = 96% RTP in online casino AAA.
● Deposit = 200 USD
● Bet per spin = 1 USD
● House edge = 4%
● Loss per spin = 0.04 USD (4 cents)
After 100 spins, a player has a loss of 4 dollars and a balance of 196 USD. He continues, and after another 100 spins, his balance is 192 USD. Fast forward, and he goes bust with a total of =
4976 SPINS per session.--------------------------------------------------------------------------SCENARIO B.)A player deposits 200 USD, playing his favorite slot game at lowered RTP settings = 92% RTP in online casino BBB.
● Deposit = 200 USD
● Bet per spin = 1 USD
● House edge = 8%
● Loss per spin = 0.08 USD (8 cents)
After 100 spins, a player has a loss of 8 dollars and a balance of 192 USD. He continues, and after another 100 spins, his balance is 184 USD. Fast forward, and he goes bust with a total of =
2488 SPINS per session.--------------------------------------------------------------------------4976 SPINS VS 2488 SPINS session? Now, the player noticed a cool casino with a superb 100% deposit match bonus promo (at the same 92% RTP settings as in scenario b.) Let's have a look:
SCENARIO C.)A player deposits 200 USD, playing his favorite slot game at lowered RTP settings = 92% RTP in online casino CCC, but gets a great 100% match bonus. And wagering requirements are only 30xdeposit. Indeed, it nowadays's a solid deal.
● Deposit = 200 USD
● Player's Balance = 400 USD
● Bet per spin = 1 USD
● House edge = 8%
● Loss per spin = 0.08 USD (8 cents)
After 100 spins, a player has a loss of 8 dollars and a balance of 392 USD. He continues, and after another 100 spins, his balance is 384 USD. Fast forward, and he goes bust with a total of =
4988 SPINS per that session.--------------------------------------------------------------------------Well, that's pretty much similar to SCENARIO A. What about wagering?
Wagering requirements = 30x200 =
6000 USD (or 6000 spins at $1 bet per spin). The player busted before even finishing wagering requirements. (And I even haven't mentioned other Terms & Conditions related to the bonus that most online casinos have, such as restricted casino games, max bet per spin, max payout with a bonus and similar...)
Which of those three scenarios would you choose? The choice is yours ;-) SCENARIO A VS SCENARIO B VS SCENARIO C ? RTP over PROMOTIONS? ----------------------------------------------------------------------------
For simplicity, we have taken out the variance side of slots here. With high-variance included, the lucky player playing SCENARIO B could win a huge 10000x bet-win early in the game and cash out a massive amount. But, as the sample gets more significant, as the number of spins reaches millions/billions, the overall stats for the casino will be near the Theoretical RTP.
It's the player's choice to choose the best odds. And it's definitely on the side of RTP over Promotions. Unless we go back in time - some two decades ago, where bonuses & promos were not tied up to heavy wagering and additional terms.