Something to ponder about...

[kimss]

A fresh perspective on "bad luck"... Since in my online gambling experience this seems to be a very consistent behaviour from the casino operators.

How come, in the beginning of an account - >5000 deposited, you will not get any manager bonuses for loosing streaks. But after this they throw $500 at you all the time when complaining.

Could it be they know they stand nothing to loose? Atleast statistically it's a no brainer. It makes me wonder.

[chuchu59]

Yep, you are right. They have nothing to lose. Besides, you only complain after you lose quite a bit. They respond by giving you freebies in the hope that you will deposit and lose more.

[kimss]

Another one, have you ever heard the argument for low payout?

Most of the games are bonus round based, so unless you don't get the bonus round you cannot expect a fair payout. You were unlucky.

A typical answer if loosing $500 in $5 spins, since there is not enough statistical spins to be accurate.

On the other hand, if you then deposit say a $1000 more, and do infact manage to get many a few bonus rounds, even with retriggers, however they do not pay at all since spins give squiltch.

You still get the same answer, you need the bonus rounds. When confronting them with the fact you had several, however they pay nothing...

There seems to be no more arguments to offer as an explernation. To bad it's the player doing the risk all the time...

We are back to the endless bad luck!

[venetian]

Okay now evryone don't blast me too hard for this reply.... First of all every gambler takes a risk. As long as you are with a good casino that CM has blessed you are ahead of the game. You sound like you are a big player and that you enjoy slots. My advice would be that you learn (with auto hold you don't even have to do that) video poker. Played correctly you have a much greater chance of having a winning session rather than a losing one. Slots are the casinos bread & butter, they know they have a huge house edge. Take your bets down a bit, if you're ahead a couple hundred, cash out. Winning is as much about money management as it is with having good luck. When I go to the B&M casino if I play slots I will eventually lose, even with a decent win or two. But with VP the wins are so large you are bound to take a bundle home more times than not. This has been a lesson to me as I gave in to the lure of the slots and abandoned VP for about a year. When I went back last month to exclusively playing VP I won a royal each time I went and then a bunch of other good paying hits. You might just try it once and see how it goes. Let us know.

[pacers31]

I too wonder about this "bad luck" thing kimss. I have played online for over 5 years now and I have lost somewhere in the neighborhood of 60K. I can count the number of withdrawls on one hand that I have made in that time. (o.k., maybe two hands if you count the times I could have and screwed up and kept playing!) Of that 60K, I only collected back about 5K total. Could have been around 9K if I had cashed out when I should have some times. Still, that is a good old fashion ass kicking in my book, and I am now retiring from the online version of gambling. I will contribute to the indian places around here from now on if I want to play. At least I know I am playing at a place with regulated action that is overseen by the state. Fuck this, there is so much more to do. Bye all, I'd say good luck with this online thing, but that would give you false hope. I just plain give up.

[pacers31]

Sorry Venetian, but I don't believe you hit a royal every time you played VP. That is really absurd.

[bpb]

Originally Posted by kimss

A fresh perspective on "bad luck"... Since in my online gambling experience this seems to be a very consistent behaviour from the casino operators.

How come, in the beginning of an account - >5000 deposited, you will not get any manager bonuses for loosing streaks. But after this they throw $500 at you all the time when complaining.

Could it be they know they stand nothing to loose? Atleast statistically it's a no brainer. It makes me wonder.

They do have something to lose. All no-deposit bonuses have value. The playthrough requirements and intelligence of the player determine the expected value.

Now in the case of compulsive gambling rejects, the casino stands to make more money by throwing them a bone. A small win on a free bonus might lead to countless more deposits in the future. The more money the player deposits and wagers, the higher his lifetime expected loss.

It's all psychology, and it works very well on your average ploppy.

[bpb]

Originally Posted by pacers31

I too wonder about this "bad luck" thing kimss. I have played online for over 5 years now and I have lost somewhere in the neighborhood of 60K.

Your expected loss was probably very close to your actual loss. Games play so fast online, and it's so easy to increase your bets, that when playing carnival games with 2-5% house advantages, the money goes fast. God forbid playing slots with 5-10% house advantages.

Congratulations on not killing yourself, as I probably would have done that after 60K in losses. At least you've stopped the bleeding online. Though it still seems you're resolved to continue pissing away money at the live casinos.

[happygobrokey]

harsh, dudes! mellow out, man.

[pacers31]

bpb, you do realize this is a gambling forum don't you?? You seem to consider us as online compulsive gambler rejects. My question is this, Why are you here to comment on the evils of gambling, knowing that this is a pro gambling site?? Also, I have no idea if your math and analysis make any sense either. Not sure how you gauge what is normal losses. In any event, you surely don't want to get into name calling around here, you won't like the results. It is comforting to know that we have a psychiatrist, mathematician, and evangelist all wrapped up in one here at CM! LOL!