Quote:
Originally Posted by catrina m
The joke is on all of us who deposit.
We do it because someone has to win.
Or do they?
Your bad luck may be my good luck, they all advertise 95% to 98% payouts
I have had luck here and there.
If I claim 65% they say my sample isn't large enough. I say I have gambled online 9 years and I'll not bet my lifes savings to prove it.
It's all up to the gambler. have a bad streak and take a break, win a little and feel good but in the end we are all losers and they have our money to prove it.
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Nothing wrong in what you say but it is about how you win and lose.
Winning and losing streaks are all a natural part of gambling but will occur within expected parameters, that is, within an expected range of variations.
This range would be different for each slot and to be exact we would need to know the probability of outcome of every possible combination of every slot.
Fortunately we do not need to be this exact to know when something is outside of expected variation.
For example;
If you had a losing streak of 12 hands playing Blackjack you would consider that a horrible losing streak but even without the Maths a Blackjack player would instinctively know this is within the expected variation over Thousands of hands.
However they might be suspicious the way the games played out and look into the play history in more detail.
If they found that for example each time they had 20 the dealer drew 21 they might become more suspicious and check other losing streaks.
If they found this theme repeated itself then they would know this was statistically anomalous.
So even though losing and winning are part of gambling to simply accept this fact without question will leave you open to being cheated.
Even if you get overall expected return (which I certainly do not) that does not mean you should assume the game is fair.
What if you were guaranteed an exact 95% return on you deposits through a Year by a Casino?
You would I hope say thanks but no thanks because you know it would have to be rigged.
Remember everyone and anyone who reads this forum including representatives from the Casinos and Software companies I openly question have the right of reply.
If I am mistaken about something or have some stats wrong etc and they can show me how and why I will certainly listen.
I am not here to slag off any particular Casino or brand, they all get the same treatment and analysis, I am here to raise awareness because the more people become aware the more likely things will improve.
I personally believe and have plenty of evidence to support that online slots are weighted and that the return of slots is altered without the players knowledge.
This does not mean you can never win but it does mean you will certainly lose as and when the Casino wishes by lowering the return of their slots by a significant percentage through weighting.