LV Bet RTP Changes

[TheSchwad]

Just logged into LVBEt to find this message:

Kudos to LVBet for doing it this way and not hiding the changes, however, wow, I didn't even know NetEnt or Microgaming RTP was changeable.
Soon we'll be playing 94% and below on all games at all sites, crazy times. Think I'll be checking every game, on all sites from now on.

 

[PMKFRUITPRO]

Yes I wasn’t aware that MG could be changed.

Vote with ya wallet and bin these lot off.

 

[pinnit2014]

Race to the bottom continues.

MG are bad enough at 96, at just under 94 why would you bother.

Least, unlike a few casinos here, they're telling folk i suppose. Meh though.

 

[pinnit2014]

Ditto for Energy as well.

 

[TheSchwad]

It's not all which makes it even more bizarre, Immortal Romance, for example, is still on 96.86%. so why reduce Thunderstruck 2 from 96.65% to 94.12%?

 

[Playford7]

It's not all which makes it even more bizarre, Immortal Romance, for example, is still on 96.86%. so why reduce Thunderstruck 2 from 96.65% to 94.12%?

Probably a typo lol

 

[PMKFRUITPRO]

How long have different MG maths models been out then?

 

[L&L-Jan]

How long have different MG maths models been out then?

No clue mate, I wasn't even aware. But we wont go that route, same for net ent. People might moan we did so on play n go, yes but I've always explained why and never hide that fact in general.

Big shout out to LVbet, following procedures and being socially responsible by doing so.

And before April when the poker boom hit again, I was always playing happily at Lvbet and also at the 94% range.

They just to the things that are needed right. And I'm sorry if you feel let down by the change, but if there is an outfit atm you can safely gamble its them.

Plus they still provide proper loyalty tools, which them costs moneys + RTP as well.

But this might be just me...

 

[snorky510238]

Imo I have always believed that a slot can be adjusted to whatever percentage you want it to pay. I cannot believe with today’s technology that it isn’t very simplistic to do.

 

[sapit222]

Its very bad with lowered rtp.

 

[09237653]

Theres another casino for the never play list LVBet well done guys the race to the bottom continues.

 

[brianmon]

Just checked TSII at LV Bet, The game has changed because all my achievements have disappeared.
The '?' on the game, for the helpfile, which shows the RTP has also disappeared.

I'll be checking everywhere I play now. Because, no doubt, there'll be plenty other casinos opting for the lower RTP.
In fact I think I've already played it at some. It would explain why it's been so dead at some sites.

 

[TheSchwad]

No clue mate, I wasn't even aware. But we wont go that route, same for net ent. People might moan we did so on play n go, yes but I've always explained why and never hide that fact in general.

Big shout out to LVbet, following procedures and being socially responsible by doing so.

And before April when the poker boom hit again, I was always playing happily at Lvbet and also at the 94% range.

They just to the things that are needed right. And I'm sorry if you feel let down by the change, but if there is an outfit atm you can safely gamble its them.

Plus they still provide proper loyalty tools, which them costs moneys + RTP as well.

But this might be just me...

I haven't long been with LV Bet and will continue to play here as it is a great site, love the loyalty scheme and tournaments. Their safer gambling team is great as well, frustrating as the constant checking can be, they're looking out for the player. Always pay out promptly and verification was turned around quickly.

I will just be more cautious with the games I play, but it only takes a few extra seconds to check the RTP.

 

[TheSchwad]

Just checked TSII at LV Bet, The game has changed because all my achievements have disappeared.
The '?' on the game, for the helpfile, which shows the RTP has also disappeared.

I'll be checking everywhere I play now. Because, no doubt, there'll be plenty other casinos opting for the lower RTP.
In fact I think I've already played it at some. It would explain why it's been so dead at some sites.

Another kicker then if other sites go this way, already had to rebuild achievements when the change to HTML5 happened, don't think I'd bother doing it again, especially at 94%.

 

[Playford7]

This is something I ain’t thought of actually, the achievements on many games resetting..

Credit for LVbet telling players about the RTP changes, but it would also be beneficial to players to be warned the achievements may or will be reset when the changes happen.

 

[EkJR]

Think it's almost time to pack slots in for good. The RTPs are only going one way and in the long run your going to lose your money quicker.

 

[deucebag]

Can we assume that all NetEnt and MG games have adjustable RTP now? I've tended to prefer games from these providers because I've had the impression that the games were exactly the same everywhere, with RTP "set in stone". But looks like those days are over.

Having to look up the RTP of a game every time I play is a hassle. And how can we trust that the stated RTP is correct? There's always going to be doubt in the back of my mind. We've seen before that the stated RTP was wrong.

 

[Slottery]

It's good way that RTP:s keep reducing, helping for problem gambling for longer term when people start to see that being enough under 100%, now these days some honestly seem to think that they can win money from this games with different strategies or what so ever, just not possible without some tricks to get some extra EV.

But guess people still keep playing these even RTP:s go somewhere near to lotteries (physical machines seem to remain popular doesn't matter what shitty RTP:s they have. Many just don't seem to realize that playing slots is one of worse financial investments you can do in this world, no difference if RTP is 40% or 98%, still horrible investment and there's nothing you can make it better (without any fraud/abuse or what ever you wanna call it).

 

[Kroffe]

Can we assume that all NetEnt and MG games have adjustable RTP now? I've tended to prefer games from these providers because I've had the impression that the games were exactly the same everywhere, with RTP "set in stone". But looks like those days are over.

Having to look up the RTP of a game every time I play is a hassle. And how can we trust that the stated RTP is correct? There's always going to be doubt in the back of my mind. We've seen before that the stated RTP was wrong.

As far as i know, those are the only 5 games with adjustable rtp so far from Netent.
And as others have said, i had no idea MG had any slots with adjustable rtp settings.

But 5 now almost surely means more to come, so you have to check every time you play if you want to make sure.
No providers left to trust.
Sad times ahead.

 

[pinnit2014]

As far as i know, those are the only 5 games with adjustable rtp so far from Netent.
And as others have said, i had no idea MG had any slots with adjustable rtp settings.

But 5 now almost surely means more to come, so you have to check every time you play if you want to make sure.
No providers left to trust.
Sad times ahead.


View attachment 143172

There is....

BTG.

Oh, wait.

 

[Mr_Slot5]

The main kick in the nuts to players is that some of these casinos will be dropping RTP out of greed or because they don't want their financial results looking worse than other comparable casinos. I can almost guarantee you that it won't all be because their hands have been forced.

So, you have casinos boosting their own bottom line (in some instances through greed) yet also bonus banning players for having the bare faced cheek to try to boost their own odds of a cashout.

The whole thing is absolutely rancid IMO and the regulatory bodies need to accept their fair share of the blame too.

 

[EkJR]

Amazing that the most trusted games developers are now Blueprint and Big Time Gaming...how long til they start adjusting RTP..

 

[pinnit2014]

What’s the lowest they can go in the U.K.? Don’t think there is one, may be wrong though.

If not, awaiting the first provider to plump for a 89% in 2021

 

[Mr_Slot5]

What’s the lowest they can go in the U.K.? Don’t think there is one, may be wrong though.

If not, awaiting the first provider to plump for a 89% in 2021

90% I believe

If the UKGC really wanted to protect players they could cap at 94%

 

[Guntis]

I reckon there are more people out there that never heard of such term as RTP than those who know about it and are aware of its changes. Plus there will be always new gamblers making their very first deposit without any knowledge on what awaits them there.

Casinos and game providers know that very well!

 

[hhhelllo]

Wow... thx your for honesty lvbet. Starburst at 94% my next deposit for sure

 

[Kroffe]

I reckon there are more people out there that never heard of such term as RTP than those who know about it and aware of its changes. Plus there will be always new gamblers making their very first deposit without any knowledge on what awaits them there.

Casinos and game providers know that very well!

Yeah, thats the biggest problem, and why i think its such a scummy thing to do.
Since there is no visual change when changing to a different rtp, most players simply wont know there has been any change.
They will probably notice their deposits are not lasting as long as they used to, but have no idea why.

"oh that deposit didnt last long, i seem to have a bad luck streak now"
Or something like that is probably what most will think.

 

[pinnit2014]

Yeah, thats the biggest problem, and why i think its such a scummy thing to do.
Since there is no visual change when changing to a different rtp, most players simply wont know there has been any change.
They will probably notice their deposits are not lasting as long as they used to, but have no idea why.

"oh that deposit didnt last long, i seem to have a bad luck streak now"
Or something like that is probably what most will think.

They've obviously done some sort of analysis that tells them it won't affect revenues adversely i presume and it's probably a mix of the bulk of players not knowing (nor caring) about the RTP - I have a friend who rolls high and he couldn't care - he knows about it, but doesn't care. At the other end, probably more they deposit a few times a month and are of the same thinking

 

[pinnit2014]

Though it is strange - i presume if you can roll at 20 quid on Bonanza, you're pretty shrewd money wise and wouldn't, in business, invest in duds so why would you when playing? Maybe it's all play money - i shall never know

Edit - Bonanza was a bad example, if you're rolling on 20 quids on that you're obviously insane

Double Edit - insanity explains not caring about 90% Starbursts

Answered my own question

 

[Kroffe]

Though it is strange - i presume if you can roll at 20 quid on Bonanza, you're pretty shrewd money wise and wouldn't, in business, invest in duds so why would you when playing? Maybe it's all play money - i shall never know

Yeah i was thinking the same.
Alot of people who have money are good with money, thats why they have lots of it.
So why would they lower their chances of winning on purpose?

Does not compute.

 

[pinnit2014]

Yeah i was thinking the same.
Alot of people who have money are good with money, thats why they have lots of it.
So why would they lower their chances of winning on purpose?

Does not compute.

Business wise - they invest to earn

Slots - they know it's a fools game and have no expections?

Dunno - i'll maybe do some 18p DOA's and report back

 

[Slotter]

Race to the bottom continues.

^^^ this.

Get ready for Bonanza & Kong Megaways 88% RTP versions

 

[Kroffe]

Business wise - they invest to earn

Slots - they know it's a fools game and have no expections?

Dunno - i'll maybe do some 18p DOA's and report back

 

[pinnit2014]

^^^ this.

Get ready for Bonanza & Kong Megaways 88% RTP versions

The 88% will have the 117k Megaways in the Bonanza bonus to compensate though.

It's all Good'Man

 

[pinnit2014]

View attachment 143181

That's me out

These high rolling sessions don't last long, even on 96%

 

[greylady]

Already closed my account as after 16-17 deposits, did not have one bonus round on any of their slots, has to be the one of the worst experiences ever for me

 

[Playford7]

I reckon there are more people out there that never heard of such term as RTP than those who know about it and aware of its changes. Plus there will be always new gamblers making their very first deposit without any knowledge on what awaits them there.

Casinos and game providers know that very well!

Also many ‘promoting’ casinos that won’t utter the mention of ‘RTP’

It should be mandatory now, it’s a important thing.

 

[Playford7]

Already closed my account as after 16-17 deposits, did not have one bonus round on any of their slots, has to be the one of the worst experiences ever for me

Not like you to have such luck...

 

[PMKFRUITPRO]

One day greylady will come here and report a nice raise I’m sure.

For the last 2 years she’s never won a coin on anything.

 

[Playford7]

One day greylady will come here and report a nice raise I’m sure.

For the last 2 years she’s never won a coin on anything.

That said she’s the queen of donuts. She’s had the biggest hit I’ve seen on it.

 

[PMKFRUITPRO]

24X?

 

[greylady]

One day greylady will come here and report a nice raise I’m sure.

For the last 2 years she’s never won a coin on anything.

Oiii I do win sometimes but I just always seem to go really long spells with absolutely nothing - not lost or won lately, ah that's because I just lost interest in playing

 

[Playford7]

24X?

Think it was over 4000x if memory Serves

 

[Luckyscouser45]

It's good way that RTP:s keep reducing, helping for problem gambling for longer term when people start to see that being enough under 100%, now these days some honestly seem to think that they can win money from this games with different strategies or what so ever, just not possible without some tricks to get some extra EV.

But guess people still keep playing these even RTP:s go somewhere near to lotteries (physical machines seem to remain popular doesn't matter what shitty RTP:s they have. Many just don't seem to realize that playing slots is one of worse financial investments you can do in this world, no difference if RTP is 40% or 98%, still horrible investment and there's nothing you can make it better (without any fraud/abuse or what ever you wanna call it).

That’s the most ridiculous thing I’ve ever read sorry

 

[Bloatgoat]

That’s the most ridiculous thing I’ve ever read sorry

Yep, and if you could enlighten the rest with your one-liner? He's got a valid point. Years ago it was screamed here on these forums that online was a zillion times better then a landbased experience. We're getting to the point that the RTP's are almost equal since landbased do offer up to 92% RTP machines. The casino industry is getting more and more greedy at the cost of either new or returning players. I'm glad i closed my accounts because i know from this point on your simply paying for your own entertainment, where the edge of real gambling is taken out of it.

I also suspect that this is done towards the slotbeaters who spawn up to 4 different sessions on one slot and bash along with loads of cash. Perhaps even there they saw that a player could have a upper or overhand compared to the casino and they jacked the RTP for that reason. If a casino can change something that would shrink the chances for a player they will do it. It's bin proven nothing else in the last couple of years.

However, it's a polite message when logging in, that RTP has adjusted. Now that's a casino that plays fair. Some just hide the complete RTP and present a figure on the website thats not even close to it.

 

[Luckyscouser45]

Yep, and if you could enlighten the rest with your one-liner? He's got a valid point. Years ago it was screamed here on these forums that online was a zillion times better then a landbased experience. We're getting to the point that the RTP's are almost equal since landbased do offer up to 92% RTP machines. The casino industry is getting more and more greedy at the cost of either new or returning players. I'm glad i closed my accounts because i know from this point on your simply paying for your own entertainment, where the edge of real gambling is taken out of it.

I also suspect that this is done towards the slotbeaters who spawn up to 4 different sessions on one slot and bash along with loads of cash. Perhaps even there they saw that a player could have a upper or overhand compared to the casino and they jacked the RTP for that reason. If a casino can change something that would shrink the chances for a player they will do it. It's bin proven nothing else in the last couple of years.

However, it's a polite message when logging in, that RTP has adjusted. Now that's a casino that plays fair. Some just hide the complete RTP and present a figure on the website thats not even close to it.

I found the comment he made about reducing RTP will help problem gamblers stop gambling ridiculous Why would low rtp help problem gamblers? They would just move on to bingo and scratch cards poker roulette or am I missing something.

 

[gonzo fonso]

Just logged into LVBEt to find this message:

Kudos to LVBet for doing it this way and not hiding the changes, however, wow, I didn't even know NetEnt or Microgaming RTP was changeable.
Soon we'll be playing 94% and below on all games at all sites, crazy times. Think I'll be checking every game, on all sites from now on.

View attachment 143107

yes i know i play there,tbh this has been going on a while at various casinos,i remember opening up book of dead at a certain casino and it was a shocking 90.4% most providers have gone down this route now of different maths models rtps,is big time gaming also on that road ?

 

[KasinoKing]

Just logged into LVBEt to find this message:

Kudos to LVBet for doing it this way and not hiding the changes, however, wow, I didn't even know NetEnt or Microgaming RTP was changeable.
Soon we'll be playing 94% and below on all games at all sites, crazy times. Think I'll be checking every game, on all sites from now on.

View attachment 143107

Jeeezus - and people thought Rival and RTG were bad!

I never thought I would see the day when NetEnt & MG games were running at 94%.
It doesn't make any sense either - the casino still makes money at 98%, so all they are doing is reducing play-time which will turn players away

KK

 

[Nate]

Jeeezus - and people thought Rival and RTG were bad!

I never thought I would see the day when NetEnt & MG games were running at 94%.
It doesn't make any sense either - the casino still makes money at 98%, so all they are doing is reducing play-time which will turn players away

KK

Not enough apparently. Places like Videoslots started with reduced RTP's, reduced tournaments, Lower 'Weakened Booster' and also skimmed affiliates by 20%... that doesn't seem to be enough.

Vs are still lowering RTP's... Low RTP's are now trending. Everyone wants a bigger slice of the cake.

I rate LVBET... they are at least transparent in what they do. I have abandoned them since their PNG change but they are genuinely a real solid outfit.

Nate

 

[Bloatgoat]

Why would low rtp help problem gamblers? T

Because a bit of awareness is raised by even the gambling addict that it's becoming a dead end, to simply move on.

Jeeezus - and people thought Rival and RTG were bad!

I never thought I would see the day when NetEnt & MG games were running at 94%.
It doesn't make any sense either - the casino still makes money at 98%, so all they are doing is reducing play-time which will turn players away

KK

Yes it does make sense, for the casino and providers that is. It's to milk the already existing market even more. There's no other good reason for lowering RTP's then just more a bit for them.

You are the product. You are paying for your gaming time. They just decided that you will get less gaming time overall.