vinylweatherman
You type well loads
- Joined
- Oct 14, 2004
- Location
- United Kingdom
It demonstrates an operator that does not understand the product they are offering.
To "limit risk" by only lowering bets for the odd individual lucky player after the fact still leaves them fully exposed to the next player that bets big, and hits big, possibly even bigger than 7K.
The only thought process I can see here is that the operator sees a new player, one who seems to have balls of steel and the bankroll to match. They see that they have gone 7K ahead not long after joining, and conclude with great "logic" that they must be using a "slot system" to increase their chances over the long term, so the 7K is just the start, they are sure to be sucked dry by this "system" in the longer term were it to be allowed to continue. Since the other players don't utilise a "system", there is no risk to allowing them to carry on betting high.
The main risk is really them never getting the chance to win back the early gains, because the genuine VIP player will walk away from this kind of messing around, taking the money with them to another operator. Word may get around (it already has, bar the name of this casino), and other high rollers may decide it isn't worth the trouble even signing up, as if they play like a VIP, they will be treated WORSE than the average player.
Once an operator accepts that there is no such thing as a system for random games without an element of strategy (slots, for example), they will realise that over the long term, they get to keep 5% of every bet, no matter how big or small, so in earnings efficiency terms, the bigger the better. Their insurance will be in place to protect them from ANY big hit, and in a random situation, it can come from ANY of their players.
It's possible they mistook you for ME though
(Dammit! that wretched weatherman is emptying our slots, lets play safe and set the max to 60p, no way will he get caught betting less than a pound, his reputation will be in tatters
)
To "limit risk" by only lowering bets for the odd individual lucky player after the fact still leaves them fully exposed to the next player that bets big, and hits big, possibly even bigger than 7K.
The only thought process I can see here is that the operator sees a new player, one who seems to have balls of steel and the bankroll to match. They see that they have gone 7K ahead not long after joining, and conclude with great "logic" that they must be using a "slot system" to increase their chances over the long term, so the 7K is just the start, they are sure to be sucked dry by this "system" in the longer term were it to be allowed to continue. Since the other players don't utilise a "system", there is no risk to allowing them to carry on betting high.
The main risk is really them never getting the chance to win back the early gains, because the genuine VIP player will walk away from this kind of messing around, taking the money with them to another operator. Word may get around (it already has, bar the name of this casino), and other high rollers may decide it isn't worth the trouble even signing up, as if they play like a VIP, they will be treated WORSE than the average player.
Once an operator accepts that there is no such thing as a system for random games without an element of strategy (slots, for example), they will realise that over the long term, they get to keep 5% of every bet, no matter how big or small, so in earnings efficiency terms, the bigger the better. Their insurance will be in place to protect them from ANY big hit, and in a random situation, it can come from ANY of their players.
It's possible they mistook you for ME though
(Dammit! that wretched weatherman is emptying our slots, lets play safe and set the max to 60p, no way will he get caught betting less than a pound, his reputation will be in tatters)
).
