Online Casinos - Casinomeister Logo Online Casinos - Casinomeister
Page 1 of 2 12 LastLast
Results 1 to 10 of 18

Thread: DO CASINOS TIGHTEN UP AFTER A CASH IN ?

  1. #1
    wayram is offline Experienced Member Achievements:
    1 year registered1000 Experience Points
    Join Date
    Sep 2005
    Location
    Australia
    Posts
    132
    Thanks
    18
    Thanked 57 Times in 17 Posts
    Rep Power
    29
    Reputation Points: 359

    DO CASINOS TIGHTEN UP AFTER A CASH IN ?

    Had a 2000 cash in at Roadhouse and since then have got absolutely Jack sh----!!..I have noticed before once you cash in they tighten so that nothing pays and if you get the free spins, again they pay very poor...My wife and I both have a computer each, and separate accounts and she seems to still get drops with hers but she has not had a payout....Does anyone else find that they tighten after a pay out and how long do they stay tight.????

  2. #2
    bpb
    bpb is offline Senior Member
    Join Date
    Jun 2004
    Location
    Haverhill
    Posts
    566
    Thanks
    5
    Thanked 169 Times in 90 Posts
    Rep Power
    39
    Reputation Points: 989
    Confirmation bias ...

  3. #3
    lydia's Avatar
    lydia is offline Dormant account
    Join Date
    Sep 2005
    Location
    Europe
    Posts
    227
    Thanks
    47
    Thanked 22 Times in 18 Posts
    Rep Power
    0
    Reputation Points: 131
    It happens all the time to me in 90% casinos that I play, even in reputable casinos (nice exception is Harrods). After payout I usually don't win anything until my deposits are equal or more than my win.

  4. #4
    Simmo!'s Avatar
    Simmo! is offline Moderator Achievements:
    Veteran50000 Experience PointsSocial Magnet!Tagger Tenderfoot
    Join Date
    May 2004
    Location
    You say UK, I say England.
    Posts
    9,277
    Thanks
    1,696
    Thanked 4,373 Times in 2,080 Posts
    Rep Power
    15
    Reputation Points: 23384
    LOL. Same here but with good reason i think. I tend to cash out after a winning streak. Note i say "after" - by this time i have detected a downward turn. Therefore its kinda logical that i'm not finished on this downward turn as i just cashed out, so it will continue next time. Usually - not always

    Or a more mathematical way of looking at it:

    House Edge = 5%
    Simmo! deposits $1,000
    Wins $3,000
    Cashes out $2,000
    Loses $1,000
    Goes on a date.
    Comes back. ( next day )
    Deposits $2,000
    Loses $2,050
    ---------------------------------------
    Total Loss = $50
    House Edge on Initial Deposit = 5%
    Expected Loss $50
    ---------------------------------------
    Dumps date claiming financial irregularities.
    ("Its not you, it's me...")

    Starts over.


  5. The Following 2 Users Say Thank You to Simmo! For This Useful Post:

    Newbie (18th December 2005), slotchik (16th December 2005)

  6. #5
    liquidsoap's Avatar
    liquidsoap is offline Meistermember!
    Join Date
    Apr 2005
    Location
    home
    Posts
    746
    Thanks
    780
    Thanked 173 Times in 133 Posts
    Rep Power
    37
    Reputation Points: 1031
    Quote Originally Posted by Simmo!
    LOL. Same here but with good reason i think. I tend to cash out after a winning streak. Note i say "after" - by this time i have detected a downward turn. Therefore its kinda logical that i'm not finished on this downward turn as i just cashed out, so it will continue next time. Usually - not always

    Or a more mathematical way of looking at it:

    House Edge = 5%
    Simmo! deposits $1,000
    Wins $3,000
    Cashes out $2,000
    Loses $1,000
    Goes on a date.
    Comes back. ( next day )
    Deposits $2,000
    Loses $2,050
    ---------------------------------------
    Total Loss = $50
    House Edge on Initial Deposit = 5%
    Expected Loss $50
    ---------------------------------------
    Dumps date claiming financial irregularities.
    ("Its not you, it's me...")

    Starts over.



  7. #6
    gfkostas's Avatar
    gfkostas is offline Ex-Bonus Whore
    Join Date
    Sep 2003
    Location
    UK
    Posts
    969
    Thanks
    54
    Thanked 105 Times in 81 Posts
    Rep Power
    43
    Reputation Points: 703
    Quote Originally Posted by Simmo!
    LOL. Same here but with good reason i think. I tend to cash out after a winning streak. Note i say "after" - by this time i have detected a downward turn. Therefore its kinda logical that i'm not finished on this downward turn as i just cashed out, so it will continue next time. Usually - not always

    Or a more mathematical way of looking at it:

    House Edge = 5%
    Simmo! deposits $1,000
    Wins $3,000
    Cashes out $2,000
    Loses $1,000
    Goes on a date.
    Comes back. ( next day )
    Deposits $2,000
    Loses $2,050
    ---------------------------------------
    Total Loss = $50
    House Edge on Initial Deposit = 5%
    Expected Loss $50
    ---------------------------------------
    Dumps date claiming financial irregularities.
    ("Its not you, it's me...")

    Starts over.
    Nice one
    I live. I rest. I am at peace. It is good

  8. #7
    phynqster is offline Senior Member Achievements:
    Veteran5000 Experience PointsFriends R Us
    Join Date
    Jul 2004
    Location
    los angeles, ca
    Posts
    215
    Thanks
    136
    Thanked 148 Times in 72 Posts
    Rep Power
    37
    Reputation Points: 808
    In the RTG casino I oversaw their was no way of customizing the casino for one player. What we would do on a more consistent winner was to flag them and give them smaller bonuses. As for the software went it had no idea if you were winning or losing. Anything more than that is a case for the X-Files.

  9. The Following 3 Users Say Thank You to phynqster For This Useful Post:

    elliemac (18th December 2005), paul02085 (16th December 2005), Slotmachine (16th December 2005)

  10. #8
    Slotmachine's Avatar
    Slotmachine is offline Dormant account
    Join Date
    Oct 2004
    Location
    US
    Posts
    429
    Thanks
    120
    Thanked 61 Times in 32 Posts
    Rep Power
    0
    Reputation Points: 460

    Thumbs up NB!!!

    Quote Originally Posted by phynqster
    In the RTG casino I oversaw their was no way of customizing the casino for one player. What we would do on a more consistent winner was to flag them and give them smaller bonuses. As for the software went it had no idea if you were winning or losing. Anything more than that is a case for the X-Files.
    It makes sense, seems likely to be true, and now there's an ex casino manager (apparently) confirming it. Thanks for posting this.

    I like the way you put it: The software has no idea if you're winning or losing.

    i.e. no Win Switch (or rather, Lose Switch...) guys! (Even in RTG)

    Cheers,
    SM

  11. #9
    paul02085 is offline Ueber Meister Achievements:
    Veteran10000 Experience PointsFriends R Us
    Join Date
    Jan 2002
    Location
    USA
    Posts
    1,036
    Thanks
    1,074
    Thanked 380 Times in 181 Posts
    Rep Power
    57
    Reputation Points: 2094
    But the RTG casinos can change the payout % for all slot machines (just not individual ones).

    Thx for the info phynqster.
    paul02085

  12. #10
    vinylweatherman's Avatar
    vinylweatherman is offline Typus Infinitus Achievements:
    Veteran50000 Experience PointsOverdrivePeople Likes You
    Awards:
    Frequent PosterCommunity AwardMost Popular
    Join Date
    Oct 2004
    Location
    United Kingdom
    Posts
    10,795
    Thanks
    414
    Thanked 6,844 Times in 3,671 Posts
    Rep Power
    271
    Reputation Points: 37443

    General tweak

    I think it's true that if a casino pays out rather more than it would like, it tends to recover profit by having tighter promotions the next time round. I have certainly noticed this at Spin Palace, where it looks like the profit from the previous month determines how tight or loose the new promotions will be.
    Currently, WR on bonuses has crept up to 15x from 12x a couple of months ago, and Blackjack is weighted at 10% rather than 20%. This WR "inflation" rarely goes back the other way

Page 1 of 2 12 LastLast

Similar Threads

  1. U.S. Steps Up Push Against Online Casinos by Seizing Cash
    By bethug in forum Casino Industry Discussion
    Replies: 0
    Last Post: 1st June 2004, 07:09 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Legal Statements and Privacy Policy
Casinomeister.com does not intend for any of the information contained on this website to be used for illegal purposes. You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. Online gambling is illegal in many jurisdictions and users should consult legal counsel regarding the legal status of online gambling and gaming in their jurisdictions. The information in this site is for news and entertainment purposes only. Casinomeister.com is an independent directory and information service free of any gaming operator's control. Links to third party websites on Casinomeister.com are provided solely for informative/educational purposes. If you use these links, you leave this Website.