CASINOS TURN OFF SWITCH

[happygobrokey]

but the one who plays the game the longest has the greatest chance of encountering a large win along the way, and also the best chance to break even at the end of play.

so the more limited the bankroll, the more likely you won't reach the point where there is a good size win, and also the more likely you will not approach the mean zero during your play.

i speak practicality, not theory. no one who is flirting within one sigma either side the mean will cash out, and more often than not (?) the desired win for a cashout is larger than 1x the deposit, making it more likely the player goes broke than cashes out.

and the casino doesn't care when or to whom it loses and wins. they just play and play with every expectation (and rightly so) to make some money. they don't even have to build in an advantage on every game because most players WILL ruin themselves, even if they have some discipline and/or a good run.

oh i know, it's *hold versus edge*. i'm saying the casino holds people's money, even though they take no edge on the bets. because the players don't cash out at the ideal times, and play with too few units in their stack to keep playing for anything but an off chance at a very short good run at high stakes. the casinos take more chips off players than players take off the table to the cage.

players only win by variance/luck/chance or +ev bonuses in the short term, or by accessing house-disadvantage games in the long term. casinos win by player blunders, outlasting players' money, and variance in the short term, and house edge and customer retention/compulsive gamblers in the long term.

[Snake Eyes]

No, no, no the house can't come ahead in the long run. You might lose but you might win with the same chances, making it even in the end.

Just because a casino game has a theoretical house edge of zero, doesn't mean that it can't win in the long run. They most certainly can

[Jufo]

Just because a casino game has a theoretical house edge of zero, doesn't mean that it can't win in the long run. They most certainly can

Sorry, that's mathematically impossible. If they do win in the long run, then the game does not have zero house edge.

[Snake Eyes]

Sorry, that's mathematically impossible. If they do win in the long run, then the game does not have zero house edge.

No, it isn't. Theoretical house edge is a completely different concept to game hold.

If every participant played perfect strategy, then you would be correct, but most people don't

[Jufo]

No, it isn't. Theoretical house edge is a completely different concept to game hold.

If every participant played perfect strategy, then you would be correct, but most people don't

If there is a strategy involved then I do agree that playing non-optimal strategy increases the house edge above from zero. But this was not really the original issue, I think.

Zero house edge Roulette or Baccarat doesn't have any strategy so such a game has to return 100% and the casino cannot make any long-term profit from the game unless it is rigged.

[Snake Eyes]

If there is a strategy involved then I do agree that playing non-optimal strategy increases the house edge above from zero. But this was not really the original issue, I think.

Zero house edge Roulette or Baccarat doesn't have any strategy so such a game has to return 100% and the casino cannot make any long-term profit from the game unless it is rigged.

Betfair Zero Blackjack achieves 'zero edge' by reducing commission on the banker. The chances of winning any game are unchanged, and the tie bet still pays 8 to 1, which still gives the house a large edge, ditto the player bet (remove the 'large'). This is, of course, ignoring the fact that the banker bet isn't exactly zero

[slotplayer]

I am totally convinced that the casinos have a turn off switch, a couple of examples...playing at a very reputable MG casino and had a good win on the weekender of 1600 and turned that into 2800, silly me thought that i wont pull it out i will play a little higher and maybe build it up, but no, OFF GOES THE SWITCH and no matter what denomination i played i got tiddly squat and blew the lot over a couple of days..Should have withdrew.. Same casino about a week later put in 100 and built it to 1000, smarter this time withdrew 500 and guess what, OFF GOES THE SWITCH, and over 2 nights blew the other 500 again getting NOTHING worth while on any game. My wife had a the same experience with another MG casino, withdrew 700 from 1300 and BANG, off went the switch and couldn't get anything on any game she played, It seems that IF you are lucky enough to get something , if you play on, the SWITCH goes off, and if you withdraw that is also a sin and the switch goes off. This seems to happen at all of the MG casinos that i play. Any one else had a similiar experience ?

definately,

I said the exact same thing myself on the MG slots. Odd that all the games are dead. I also noticed that I'd get an occasional bonus round on the lower coin amounts and zippo on the higher amounts. Sometimes I think they're skewed but they really behave like land slots and rightfully should.

The MG's were hot back in March/April but dead ever since. As a mattter of fact all the times I've ever won it was always around the same time, 11am est.

I also noticed many times with the MG games that if you change something like click the bank icon, withdraw and go back to the game, it's dead.

The only game I had any luck on recently was Mad Hatters.

Cheers,
Slotplayer