A Challenge to All Casinos

[falderal]

A very simple challenge to all Casino Managers:

Publish your odds tables for each and every slot machine.

I bet we'd all like to see exactly what our chances are of getting three cherries or hitting the big one. Come on, I dare you - let us in on this big secret.

A further challenge to Price Waterhouse Coopers:

Show us your math.

Come on, it's nothing any schoolteacher wouldn't ask for: how did you get your answer? Is bonus money really played through the same software and settings? Is an aggregate made of uncashable bonus winnings and real cash winnings? Come on - I double dare ya' !!

Accusations have flown for years folks, now's your chance to dispel the myths - or prove the conspiracy theories. Are you up to the challenge?

[dickens1298]

Why would they? If they could seduce players to part with their money with vague T&Cs, poor reputations, or incredibly high WRs, then I'm sure they believe that there is truly a sucker born every minute. And guess what - many players are proving them true.

A very simple challenge to all Casino Managers:

Publish your odds tables for each and every slot machine.

I bet we'd all like to see exactly what our chances are of getting three cherries or hitting the big one. Come on, I dare you - let us in on this big secret.

A further challenge to Price Waterhouse Coopers:

Show us your math.

Come on, it's nothing any schoolteacher wouldn't ask for: how did you get your answer? Is bonus money really played through the same software and settings? Is an aggregate made of uncashable bonus winnings and real cash winnings? Come on - I double dare ya' !!

Accusations have flown for years folks, now's your chance to dispel the myths - or prove the conspiracy theories. Are you up to the challenge?

[largeeyes]

You are asking them to do something a brick and mortar casino would not be expected to do. Why should they be held to higher standards than a highly regulated casino?

[chalupa]

Actually brick & mortar casinos generally are regulated as to minimum payoffs for any slot machine.

And many B&M casinos do advertise special "99% payback" or similar machines, and are then required by law to back that up.

I think a smart marketing move by an online casino would be to do the same thing. Do away with gimmicky bonuses, and simply offer good games with good payouts and fast cashouts. Wow, what a concept.

An online casino should be able to provide good games very profitably compared to a B&M casino given their much lower overhead. They could lower their overhead even further by firing half their customer support staff after getting rid of bonuses and the associated confusing terms and conditions.

On the other hand, as dickens points outs... I would imagine the prevailing attitude right now is that if it ain't broke, don't fix it.

[caruso]

A further challenge to Price Waterhouse Coopers:

Show us your math.

LOL, There is no math. PWC have been faking "payout reports" for online casinos for about 10 years now. This is one cosy relationship of five-figure back-handers you won't see disturbed any time soon.

[Black21Jack]

LOL, There is no math. PWC have been faking "payout reports" for online casinos for about 10 years now. This is one cosy relationship of five-figure back-handers you won't see disturbed any time soon.

I would like to see your solid evidence that this is happening. You must have documentation, as well as relationships with 'insiders' at the company who have been offering you information to be able to make such a claim. You should not be keeping this evidence secret, this is huge. You could bring about the downfall of a major corporation. I strongly suggest that you inform the relevant authorities of your discoveries.

[gfkostas]

Black21Jack is right.You should bust them up caruso.

[falderal]

Dickens1298: Why would they? If they could seduce players to part with their money with vague T&Cs, poor reputations, or incredibly high WRs, then I'm sure they believe that there is truly a sucker born every minute.

Casinos currently compete with each other for business. I'm offering a new arena. The suckers will likely ignore the odds in favor of big bonuses anyway.

largeeyes: Why should they be held to higher standards than a highly regulated casino?

In a free market, any business is held to the customer's standards, however fickle.

chalupa:I would imagine the prevailing attitude right now is that if it ain't broke, don't fix it.

It all depends on the definition of "broke". I suggest that although things are working fine for the casinos, there is, to my knowledge, no truly independant or governmental auditing system to ensure the accuracy of casino payout claims. Online casinos situate themselves in locations where such responsibilities do not exist, or are not enforced.

In general, I am only suggesting the disclosure of verifiable, non-prejudicial information. Nothing different than is required in cereal-box contests. If it's required for Toucan Sam and his Froot Loops, then why not Froot Loot and Microgaming?

Froot Loops discloses the number of prizes in an open draw...

...and GM discloses the odds of winning in a closed Scratch 'N' Win game.

[chalupa]

If it's required for Toucan Sam and his Froot Loops, then why not Froot Loot and Microgaming?

Because Toucan Sam is watched by his uncle of the same name.

[caruso]

PWC have been called on to produce evidence to back up their "verification" claims - if not the actual processes which lead to the reports, then at least the actual figures and the mathematical tests used in the processes. Apparently, this isn't on their agenda, or the wall of silence would have been broken at some point. Something would have been offered if there was anything to offer, particularly with the extra exposure offered by Ecogra. Yet we have nothing - because there is nothing.

I've no idea how much Microgaming, Boss or whoever else pay for this corrupt service; I guess the figure is greater than $9999 and under $100,000 per casino, so five-figures is a reasonable approximation - but that can only be speculation since noone from MG, Boss or PWC is about to tell me.