Continuous maximum bet in baccarat game

[SillyMe]

Hi All,

I am an affiliate partner for an online casino. Recently there were some weird things happened to my account, and I think this is abnormal, but Im not experience in this industry since Im only join for 3 months at the moment. what happened was there is a player who join my account and he bet on every game (maximum bet) continuously for an hr, He then won around 100k+ in 4 days. My question is , why my company didnt investigate and hold him, but keep letting him to bet and withdraw winning everyday? He will then leave the balance of 60K in his account, come back again and again. Well, I just find this thing very suspicious, but the management seem helpless on this too. Anyone have experiences on this kind of issue or something similiar? Please enlighten me.

Thanks

 

[Jasminebed]

Sounds like you got a "whale" to sign up through you. Most casinos are thrilled to have such a player. Why on earth would they stop him from playing? While this player might have won 100K over a few days, if he continues to play at the casino in this manner, they will probably get all this money back plus more.

 

[K2C]

Hi All,

I am an affiliate partner for an online casino. Recently there were some weird things happened to my account, and I think this is abnormal, but Im not experience in this industry since Im only join for 3 months at the moment. what happened was there is a player who join my account and he bet on every game (maximum bet) continuously for an hr, He then won around 100k+ in 4 days. My question is , why my company didnt investigate and hold him, but keep letting him to bet and withdraw winning everyday? He will then leave the balance of 60K in his account, come back again and again. Well, I just find this thing very suspicious, but the management seem helpless on this too. Anyone have experiences on this kind of issue or something similiar? Please enlighten me.

Thanks

Who told you they did not investigate? May be they did and found that his result is within a range, given his betting volumes. In that case Jasminebed is right, they would cherish such a player and spoil him with bonus offers, rather than ban him.

If you tell me what was the max bet there, and how many such bets he had made I can calculate the probability of running up $100,000.

 

[SillyMe]

Who told you they did not investigate? May be they did and found that his result is within a range, given his betting volumes. In that case Jasminebed is right, they would cherish such a player and spoil him with bonus offers, rather than ban him.

If you tell me what was the max bet there, and how many such bets he had made I can calculate the probability of running up $100,000.

The max bet for each game is 1000 . Every bet was 1000 . They found out that there is a same ip address that is betting on the opposite side but didn't expose which casino he was at, means he was placing 2 sides bet on 2 different casino, and this is allowed in the eye of software provider , but in the eye of an casino, it's money laundering, so why did my company still allow him to continue betting?

 

[vinylweatherman]

The max bet for each game is 1000 . Every bet was 1000 . They found out that there is a same ip address that is betting on the opposite side but didn't expose which casino he was at, means he was placing 2 sides bet on 2 different casino, and this is allowed in the eye of software provider , but in the eye of an casino, it's money laundering, so why did my company still allow him to continue betting?

This is a live game then?

It may not necessarily be money laundering as there is no skill element in Baccarat, and so no way to control which way the money flows. However, it could well be "advantage play", similar to betting on both red and black on roulette, but not easily spotted if it's two accounts from different casinos playing the same live table. The software should really have prevented players from the same IP address from playing at the same table irrespective of whether or not there is any player control over the outcomes. If it was live Blackjack, then the player could control the flow of money somewhat by deliberately playing to lose on one account.

Taken together, this IP address is playing to maximise turnover of funds at the minimum risk possible, which makes Baccarat an obvious choice. You just happen to be on the winning side of this scheme, but you could just as easily end up on the losing side the next time, and if there is no negative carryover on your deal, you stand to make commission when the 100K flows in the opposite direction. The only long term losers are the casinos, unless they wake up to what is going on and stop offering this "whale" bonuses and other incentives that make his scheme +EV.

If this casino doesn't seem to care, then create another site and send a whole bunch of advantage players to them so that they may try this scheme themselves. You could also name the casino you know about.

Bringing this up in an affiliate forum may get you better results than bringing it up here, which is primarily a player's forum.

 

[lovator]

i do not think this is money laundring,the player created advantage in his favor,thats all

 

[K2C]

It may not necessarily be money laundering as there is no skill element in Baccarat, and so no way to control which way the money flows. However, it could well be "advantage play", similar to betting on both red and black on roulette, but not easily spotted if it's two accounts from different casinos playing the same live table.

An advantage player running an operation with 6 digit dollar figures who is not willing / not able to invest 20 bucks to mask his IP? Something is not right here.

 

[K2C]

The max bet for each game is 1000 . Every bet was 1000 .

What you said about IP addresses changes focus of the story, but back to the original question - yes, it is entirely possible to win $100K betting $1000 on baccarat.