2000 on hold in VC Casino, what to do?

ridiculous offer? :confused: lol. He was offering about 400 of expected value there. If you play casinos you more than likely take -EV nearly all the time. So this was one of the best ever offers most people are likely to come accross. If I had a bit bigger float and I met the guy I would have done it.

Think about what u saying before you start having a go at the guy

That of would of been your decision, not the majority. I wouldn't do it and the 100's of members on this site would not do it either. If they would have lost then what? The whole thing was handled wrong from the get-go.
 
Myself, recently becoming a new member here, I have read many posts and will only try to contribute if I think I have something worthy to say.

We have a hard enough time trusting the casinos online, let alone a obvious fraud (OP). It's also obvious the only backer he has here (tonyg82) is a first time poster also. Hmmmmmmmmm, friend of OP ???????????????

Yet, this thread got 25 responses actually 26 with this one. Many responses are from good people trying to give good advice.

Maybe its my age and life experiences to this point showing, but if their were zero responses to this thread, I would of been impressed that no one here was that gullible to waste their time.
 
Myself, recently becoming a new member here, I have read many posts and will only try to contribute if I think I have something worthy to say.

We have a hard enough time trusting the casinos online, let alone a obvious fraud (OP). It's also obvious the only backer he has here (tonyg82) is a first time poster also. Hmmmmmmmmm, friend of OP ???????????????

Yet, this thread got 25 responses actually 26 with this one. Many responses are from good people trying to give good advice.

Maybe its my age and life experiences to this point showing, but if their were zero responses to this thread, I would of been impressed that no one here was that gullible to waste their time.

It's not just the posters in this thread, it's more about the lurkers that might not know any better and might have taken the OP up on his 'offer.' If there were no replies about how bad this offer was, lurkers might be inclined to actually jump at it...

The same goes for someone posting, err, shilling, about how great a rogue casino treated them...we all know how bad these rogue casinos are, but if nobody came in to reply about how bad that casino is, then someone might come along and think that since someone posted a positive review about that rogue casino, then it might be worth playing there..

That's the great thing about this CM community....most everyone here looks out for each other. Whether or not the community knows the person they're looking out for is irrelevant...
 
It's not just the posters in this thread, it's more about the lurkers that might not know any better and might have taken the OP up on his 'offer.' If there were no replies about how bad this offer was, lurkers might be inclined to actually jump at it...

The same goes for someone posting, err, shilling, about how great a rogue casino treated them...we all know how bad these rogue casinos are, but if nobody came in to reply about how bad that casino is, then someone might come along and think that since someone posted a positive review about that rogue casino, then it might be worth playing there..



Point well taken.....
 
Myself, recently becoming a new member here, I have read many posts and will only try to contribute if I think I have something worthy to say.

We have a hard enough time trusting the casinos online, let alone a obvious fraud (OP). It's also obvious the only backer he has here (tonyg82) is a first time poster also. Hmmmmmmmmm, friend of OP ???????????????

Yet, this thread got 25 responses actually 26 with this one. Many responses are from good people trying to give good advice.

Maybe its my age and life experiences to this point showing, but if their were zero responses to this thread, I would of been impressed that no one here was that gullible to waste their time.

I don't know the OP.
The offer had a positive expected value, so I was just disagreeing with the people posting saying things like it was a 'Ridiculous Offer'. It was a good offer, the only question was whether or not you trusted the OP, which was a seperate issue.
 
Was it a good offer though? If someone could afford to play 1k hands of blackjack, the way I see it is they wouldn't need someone to make them an offer for them to play it.
 
Was it a good offer though? If someone could afford to play 1k hands of blackjack, the way I see it is they wouldn't need someone to make them an offer for them to play it.

That's the thing. If you took the OP at face value, they alluded to the fact that the bet made was one they couldn't afford..
 
Was it a good offer though? If someone could afford to play 1k hands of blackjack, the way I see it is they wouldn't need someone to make them an offer for them to play it.

Yes it had positive expected value, so it was a good offer.
The OP's financial situation has no bearing on expected value of the offer. I think he used up all his cash, so didn't have enough to double it.
 
Positive expected value?

Not really. I give some guy 1100 quid in the hope that he will win and I'll get another 800 in return. But where was the proof? He could have taken it and ran, with my only proof being comments on a message board.

Alternatively, I could just play a two grand hand of blackjack and keep all the winnings.

But I didn't and don't want to, so I'm not going to take up someone else's offer. Apart from the post seeming to be a windup, the OP had told us he was drunk when he made the bet and couldn't afford it. Even if there may have been potential profit, there was too little confidence in the OP for anyone to consider it.
 
Positive expected value?

Not really. I give some guy 1100 quid in the hope that he will win and I'll get another 800 in return. But where was the proof? He could have taken it and ran, with my only proof being comments on a message board.

Alternatively, I could just play a two grand hand of blackjack and keep all the winnings.

But I didn't and don't want to, so I'm not going to take up someone else's offer. Apart from the post seeming to be a windup, the OP had told us he was drunk when he made the bet and couldn't afford it. Even if there may have been potential profit, there was too little confidence in the OP for anyone to consider it.

I'm assuming his offer was valid. I'm not saying anything about the OP's reliability. It may be fake yes. I'm just saying if it's a real offer, it's a better one than you will get playing blackjack normally as 11v4 has a better chance of winning than a normal hand where you don't know the cards.

And yes, it had a positive expected value. If you don't understand this you will lose money in casinos in the long run for sure. ;)
 
Believe me, I took more than enough out of the casinos when they kept flooding my inbox with bonuses on blackjack to understand how the game works :D

But the OP, as far as my memory serves me, didn't say what the cards were. That could have drastically changed things.

My comments about the expected value were simple. He wanted 1000 for the bet, and another 100 for the privilege of granting the opportunity. So say I gave him that 1100. Thus a 2k bet. If it wins, I'm up 900. I haven't even doubled my money.

I'd have been much better off betting on Everton to beat Man Utd in the FA Cup today. Oh yeah, I did :D
 
I'd have been much better off betting on Everton to beat Man Utd in the FA Cup today. Oh yeah, I did :D

I rarely bet, but had 10 on Man Utd to win on penalties. Would have layed it off to lock in a profit had I been asleep for when the penalties started.
 
My comments about the expected value were simple. He wanted 1000 for the bet, and another 100 for the privilege of granting the opportunity. So say I gave him that 1100. Thus a 2k bet. If it wins, I'm up 900. I haven't even doubled my money.

I think he wanted 2100 and if the bet wins, you get back 4000, paying 100 for the advantage. In 11 vs. 4 situation you have more than 50% chance of winning so it is a good bet to take.

Regarding the trust issue I am sure that exchanging phone numbers, IDs, utility bills and making a written contract which is valid in court would help. Also with remote desktop software you could see the bet being played and withdrawal being requested on his computer.
 
I think he wanted 2100 and if the bet wins, you get back 4000, paying 100 for the advantage. In 11 vs. 4 situation you have more than 50% chance of winning so it is a good bet to take.

Regarding the trust issue I am sure that exchanging phone numbers, IDs, utility bills and making a written contract which is valid in court would help. Also with remote desktop software you could see the bet being played and withdrawal being requested on his computer.

Would anyone really have gone to that extent though? Seems a lot of hassle to me...
 
Would anyone really have gone to that extent though? Seems a lot of hassle to me...

Well it is just sending a couple of scanned documents so I don't know if it is too much hassle. I have actually done something a bit similar in the past. The most problematic part is of course whether the written argeement would hold in court if "gambling debts" are not enforceable in the eyes of law.

I once speculated what I would do if I got a royal flush in Cyberstud poker with 50 ante. That bet pays either 100 000 (dealer qualifies) or 50 (dealer doesn't qualify). Both outcomes have roughly 50/50 chance. I would probably try to sell the unfinished for 40 000 to somebody ;)
 
FWIW i would pay 2100 for the bet.

but not to a randomer. theres too many frauders around for that.

i would in a B&M casino, or someone i knew and was at the comp with.

personally tho, i would never offer it. i'd just hit and hope. also eg 9v6 you could hit a 2 then a 10, so ur actually better off hitting than doubling.
 
grr

Talk about anticipation did u finally give in to ur gambling impulses got drunk again and said I'm gonna hit? what happened
Obviously an unemployed guy either killed somebody is dealing drugs or holy crap u must be addicted to be betting that much are u trying to liquidate urself maybe u have some under the table income who are we to judge I have seen plenty of unemployed folks with a big stack
 
personally tho, i would never offer it. i'd just hit and hope. also eg 9v6 you could hit a 2 then a 10, so ur actually better off hitting than doubling.

This is one reason why you should never put your entire bankroll (unless you can reload) on one hand. You should always leave yourself half of your stake so you can double &/or split if given the chance. You're only going to lose money in the long run if you don't double hands like this one.

And if you think that you should just hit and not double a hand such as this under normal circumstances, you need to study BS a little more...
 

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