Microgaming Player profiling?

[Skubydoooo]

I tend to agree with the player profiling theory. I do not have any proof other than $50,000 dollars in losses and "looser" gaming experience each time my wife and I threaten to take our money elsewhere. VIP or Micrgaming, doesn't really matter to me who is cheating me, I just feel cheated. We play allslots and Wildjack because they seemed to be good at first(lol). We are requesting that they close are accounts today as there is no recourse to the foul treatment.



I have split this off from an old thread which was inexplicably resurrected and does not appear to have anything to do with the post - Spearmaster

[Bruce Hamilton]

VIP or Micrgaming, doesn't really matter to me who is cheating me, I just feel cheated.

Sounds to me like you and your wife wagered and lost. Unless you can post proof via screenshots that the casino is indeed cheating you.

We are requesting that they close are accounts today as there is no recourse to the foul treatment.

All you need to do is empty the account and don't use it... After a few months of being dormant, the casino will most likely close it.

[bpb]

$50,000 dollars in losses

I just feel cheated. We play allslots and Wildjack because they seemed to be good at first(lol). We are requesting that they close are accounts today as there is no recourse to the foul treatment.

What foul treatment? Losing?

Dude, you're supposed to lose when you're playing -EV games. How much did you wager to lose that $50,000? Probably 2-3 million right?

I don't understand why so many people think that a business that is averaging .5-5% off of every wager would risk so much to cheat of an additional couple percent.

Microgaming casinos are as fair as they come. Quit gambling if you can't accept that.

[scrollock]

I tend to agree with the player profiling theory. I do not have any proof other than $50,000 dollars in losses and "looser" gaming experience each time my wife and I threaten to take our money elsewhere. VIP or Micrgaming, doesn't really matter to me who is cheating me, I just feel cheated. We play allslots and Wildjack because they seemed to be good at first(lol). We are requesting that they close are accounts today as there is no recourse to the foul treatment.



I have split this off from an old thread which was inexplicably resurrected and does not appear to have anything to do with the post - Spearmaster

what exactly do you mean by player profiling?

[Skubydoooo]

Dude, you're supposed to lose when you're playing -EV games. How much did you wager to lose that $50,000? Probably 2-3 million right?

No DUDE, My wife and bought in for $60,000 total and have only been able to cash out for a total of $10,000

And it is not the amount of money I am complaining about, Its that we could never win. So DUDE they are taking more than .5-5% from us wouldn't it seem. We never bet the minimum but the next level up. Average wager was about 90 cent to $1.50.

[elric]

I am quite sure your results will improve when you bet the next $50,000.

[spearmaster]

Sheesh, Skuby... you don't walk into a casino and expect to lose 5% of your bankroll over the entire period you are playing.

The house edge is .5-5% (or more) on every single hand or every single spin. This adds up over time.

Brief example, not the most accurate description or numbers but it will suffice. You have $100, you sit down at a blackjack table, you bet $10 for 10 hands. You end up losing $5.

Now you have $95 - so you bet $9.50 for 10 hands, and you end up losing $4.75.

Now you have $90.25. And so on and so on - all assuming that the house makes exactly the 5% edge. Of course there are times when you will actually make money - but the house edge will still whittle you down over even W-L-W-L streaks.

This is why you were being asked how long you were playing, or how much in total bets.

So if you bought in for $60K and have only $10K left, you must've spun a hell of a lot of slots over this time, and judging by the size of the beat, it also looks like you might have been playing progressives, which have a higher house edge (probably 8-10%).

[Daffy]

Gosh, I hate reading stories like this...$50 grand.

But you know, betting $1 or $2 at a time...it was a long haul.

Didn't you think somewhere around $10-20 grand loser that online gambling might not be your "cup of tea"???

Too bad you feel cheated...but it was a SLOW process...and you could have quit.

Here's hoping you do something fun with the $10 grand you saved...perhaps a nice vacation.

the dUck

[paul1]

No DUDE, My wife and bought in for $60,000 total and have only been able to cash out for a total of $10,000

Better luck next time, sir.

[vinylweatherman]

I believe it might be a problem in the approach. It is no good setting up a slot on a low stake and spinning away for ages, losing is a certainty. The best way to extract value for money is to enter the promotions. With 50k to spend you could have made quite a stir at Jackpot Factory.
I would recommend the occasional deposit/wager race tournaments. These work on the principle of $50 deposit wagered once gives one point. A payout of $500 earns 10 bonus points (once per game per day). With $50k to spare you could have won pretty much all the time.

I have done an "expected value" calculation and all the tournaments of this type run recently have had a net positive expected value for the top prizes.

For example 600 points won $2000 in August Auction. Blackjack is excluded, so Jacks or Better VP should be used.

600 points is a gross throughput of $30000 - not a problem if you have Neteller
Wagering $30,000 at 0.5% house edge costs $150 (In the LONG TERM don't forget, not an individual session/tournament). The top prizes tend to be in the range $500 to $2000, thus always a positive expected value. The most efficient way would to be to wager at the lowest possible stake for as many hands as it takes. This is why the casino gods created Autoplay
It would not be wise to win EVERY FLAMIN' ONE though, as if players became annoyed enough they might complain loudly enough to get changes made (such as barring from the tournaments). Best go for just one, but go for the kill and walk with £2000, which needs to be wagered a mere 5x before withdrawal. This level of play should not be a problem, I won the Jacks or Better yesterday at Casino Action with a wager total in excess of $30,000 in a single day, all manual at $20 per 4-UP deal.

www.wizardofodds.com is worth a look, here you will find the maths behind all casino games, how to determine whether they have cheated, or you have been unlucky (you need a big sample to make a confident accusation of cheating). House Edge is given for the games at various software providers, plus tables and formulae to do it yourself. The wizard's mission seems to be to generate an interest in applied mathematics through the medium of casino gaming - I found the site through Casinomeister.

Having lost 40k though , perhaps time to quit?

There is no Guarantee that luck will change - my Golden Reef account is CURSED, I can do nothing right there
My All Jackpots account is BLESSED (Sorry Bryan - opened it through your link).

(C) All rights reserved. you may not use the above as a means to shaft me in the next Jackpot Factory tournament that I am playing, as I will make damn sure you fail