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How to blow 5K in one evening...

Discussion in 'Quit Gambling' started by kimss, Mar 16, 2006.

?

Being honest - are you winning or losing in the long run?

  1. Winning, I can quit my job and live by this!

    28 vote(s)
    21.9%
  2. Break even

    16 vote(s)
    12.5%
  3. Just for fun, lose some but its for fun

    31 vote(s)
    24.2%
  4. Losing, hoping to get the big win while I keep digging my grave...

    53 vote(s)
    41.4%
    Mar 16, 2006
  1. kimss

    kimss Senior Member

    Occupation:
    Software developer
    Location:
    Norway
    Well, this was the day I though was gonna be sweet and nice, instead it
    turned out to be a real crappy day in the end. It started nice, but ended
    with blowing 5K, a real crash and burn. Was I unlucky? Sure. Did I play
    foolish? Sure! Did I get terrible wins on bonus spins! Sure!

    To go through some of this terrible results, I would first start by mentioning I had been
    testing ladies nite and tally ho past days on penny-spinning, to get the feeling on how
    many spins it would take to get the bonus. (BAD MISTAKE PEOPLE! DONT THINK ABOUT IT!).
    You all know the numbers, around 130-150 on ladies nite and the others. So I desided
    to start my session of $500 with the goal of upping to a $1000 and say goodnite.

    We start ladies nite with 25 spins of 0.54, no bonus nice!
    We continue with 25 spins of $5.40, no bonus - kinda nice!
    We then continue with 51 spins on $45, still no bonus - kinda sucks!

    At this point we are down $303.

    Then we continue with 62 spins of $11.25, still no buns - this sucks!

    Now we are down $626, and no real win has appeared on the reals. My mind is telling me,
    isnt it typical than when wagering $0.36 you seem to get the freespins all the time,
    and even with re-triggers multiple times... But when playing high the store is different...

    We now have 153 worth of spins, and there is no reason to back of now! The dreaded 900
    spins without bonus cant come now - just because I wager high...

    We up the ante with 18 spins of $22.5 wagering, no bonus.
    We up the ante with 64 spins of $45 wagering, still no bonus.

    Now the loss is up to $2561 and it starts to smell bigtime failure! We are now 235 spins
    in the game, and I loose faith in getting freespins so I lower the wager to $9.

    It then goes 43 spins on $9 and the bonus appears, and pays $363, which isnt presisely great.

    All in all, Ladies nite session : -$2.316

    I also spinned 23 $45'ers on Spring break, which was a killer. Kombined with a few
    $22.5 and some $11.25 total result : -$1.537

    At this point I had no nerves in playing highroller on Tally HO! and sticked to $9 spins,
    hoping to get something. Atleast the payout was 80% so I didn't loose more than $200 on
    this one.

    Then there was some here and there, but the wors results by far has to be Loaded and Harveys.

    So, here is what happends!

    We play Loaded on $25 wagering, and luckily we get the bonus with 4 hands, payout : $671
    We play Harveys on $25 wagering, and luckily we get the bonus, payout : $80

    Conclusion : it's better wagering $5 after all!

    Then I got the bonus on Kathmandu with $18 wagering, giving $590. This isn't excactly
    good in my opinion either, since the least you get on Kathmandu is x2 during freespins
    - and 18x2 = $36 x 15 spins = $540. So we got abit over 1:1 looking at it this way.
    But I shouldn't complain, at this moment I am 5K down in deposits and the light at
    the end of the tunnel is gone a long time ago.

    Then we blew the lot on Springbreak with the $45 spins mentioned above and 5K was gone!

    So the point of all of this, if you play high - deside one and one only machine to do
    it on, since when the machines deside to be bad - their all bad it seems.
    Wagering $45 tricking your brain in believing that if you get the bonus, it will be
    5 times bigger than a $9 bonus just doesnt work in real life. Going for the big wins
    is really scary!

    All in all, this is one of the worst days in a long long time folks! It's time to
    quit gambling for good!
     
    Last edited: Mar 16, 2006
    1 person likes this.
  2. Mar 16, 2006
  3. Slotster!

    Slotster! I predict a riot. CAG

    Occupation:
    al Hazard
    Location:
    Location, Location!
    Two things...

    Firstly, been there mate. Nights like that are a real downer... That's slots for you! The big wins mean that, unfortunately, there's a lot of nothings too! You really can hit a bad patch like that on the slots, and the house edge means that as soon as you start chasing losses, more often than not - game over.

    Secondly, where can I play Ladies Nite at £90 a spin!!!???

    Actually, thinking about it, best not tell me! :eek2:
     
  4. Mar 16, 2006
  5. kimss

    kimss Senior Member

    Occupation:
    Software developer
    Location:
    Norway
    Hey and thanks for your comments! I read through my posts and corrected some errors here and there, so now atleast its double checked and correct!

    Wow, getting freespins on $45 must be magic. 15 spins of $135 worth! However, Im kinda glad I didn't get them, since if I got them I probably would have had a lousy payout and felt more terrible. Or even worse, the last springbreak spins paying 5K... This would infact mean that it would be more than OK starting with 5K to play for each nite, since it can easily be recovered... NOT!

    I need a beer, or ten...
     
  6. Mar 16, 2006
  7. spearmaster

    spearmaster RIP Ted

    Occupation:
    Devil's Advocate
    Location:
    Heaven
    Geez, sorry to hear about that streak :(

    Harveys, Loaded and Wheel of Wealth Special Edition have all been stingy as hell the last two days. Bonuses were few and far between and when they came they paid out poorly in general. I probably dropped about $2000 myself... and that was almost ALL at low levels...

    Needless to say I am going to spend the rest of this week working my ass off.

    Oh and I forgot - this was spread out evenly over four casinos, two of which are very highly recommended and I love to death... and also, two days ago these same slots were hotter than hell, I cashed out $1700 in profits from two of those four casinos.
     
  8. Mar 16, 2006
  9. tesla

    tesla Dormant account PABnoaccred2 PABnoaccred

    Occupation:
    CFO
    Location:
    the world
    I don't understand the poll, everyone loses in the long run with gambling.
     
  10. Mar 16, 2006
  11. kimss

    kimss Senior Member

    Occupation:
    Software developer
    Location:
    Norway
    My point with the poll is yes, everyone looses in the end, but some people have the mind and will in never playing more than they can afford. People like me loose their heads here and there, and it kan be hard surviving such falls...

    Hope this makes the poll abit easier to understand, though I should have used more time in carving the alternatives, :D
     
  12. Mar 16, 2006
  13. vinylweatherman

    vinylweatherman You type well loads CAG MM

    Occupation:
    STILL At Leisure
    Location:
    United Kingdom
    Quite

    All we need is a lucky streak that can make the difference in a single day. My "weakness" is tournaments, and 3 card poker. Sometimes I overplay after a lucky hit, and often the luck has gone, although sometimes the luck continues. Sometimes I win too much too fast and tend to play in poor value tournaments just to get to the top. After over a year I am playing less of the poor value tournaments (many may note my absence from the Casino Action scoreboards of late). I like bonuses, particularly good ones for loyal players. Joining a casino just to skim a few quid from the sign-up is not really worth the bother. I will join if I believe there is a good ongoing programme, and if the programme disappoints I will uninstall the casino.

    Jackpot Factory, despite the constant cockups on my account, have retained my loyalty because they have a varied programme of events for all levels of play, as well as modest, but regular, VIP bonus events (not all simply deposit bonuses). Occasionally, as now, they do the "biggie", and I get well & truly stuck in. Currently I am taking a pot at this year's St Patrick's day tournament. The top prize is the biggest yet, some 2500, and the other top prizes are good too! Better still, these prizes are "proper" prizes, carrying a modest 5x WR on all games except the standard Craps, Roulette & Blackjack exclusions. It is also possible to play more than one event over a weekend.
    Although down overall, this is due SOLELY to the Casino Action group, and demonstrates the long term effect of harsh T & C, and persistently poor value events. If I look at the other casinos, I am slightly ahead, although the variations are huge, ranging from -30,000 down all the way to some 38,000 ahead. This shows that variation between casinos is large, and I have a few that are permanently unlucky, and a couple that seem to do better.

    If I had begun playing with more knowledge, I would probably be well ahead, as I would have been able to exclude many more of the bad streaks to make up for when stopping earlier would have lost me a decent win.

    I have also found that a spell of good luck on a game when first played can lead to poor performance later, as it gives a misleading impression as to what to expect. 3 Card poker is a case in point. Due to a cluster of good sessions I got to believe this was a great game, however I have now had so many poor sessions that my view has changed, but I have cancelled out all the good results.

    I find it hard to believe so many claim to be doing so well they can quit their job. Is this due to steady and consistent play, or a small number of extremely lucky events that make all the difference.

    I am probably due a second pat Royal soon, as I have had a few pat straight flushes since the last, and one in 9 should be a straight royal, but the variance is huge, I could wait forever, or get another today:D (Some hope!).
     
  14. Mar 16, 2006
  15. Macgyver

    Macgyver Dormant account PABnononaccred

    Occupation:
    Student
    Location:
    North Carolina
    I picked break even ... only because it would be kind of foolish (in my personal and highly subjective opinion) to think I could quit my job to gamble online.

    And by "gamble," I mean casino games and not poker. I suck about as bad at poker as I do at sports betting. :D

    However, online gambling has been lucrative enough for me over the past three years to not regret a bit of my losses.

    So, break even it is ... :thumbsup:
     
  16. Mar 17, 2006
  17. GrandMaster

    GrandMaster Ueber Meister CAG

    Occupation:
    Mathematician by day, online gambler by night.
    Location:
    UK
    Could one of the moderators please fix the spelling, it should be "losing", not "loosing"? Sorry, but this is one of things that I find really irritating.
     
  18. Mar 17, 2006
  19. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Yes you should!
    Just like GrandMaster's dislike of mis-spelling (something that I find irritating too (not with you kimss, as I guess English is not your first language)) I get narked when someone does a poll without considering ALL the possibilities!

    I had to choose option 1 - because I do always win.
    But no way could I ever live on my winnings (I wish!)

    As to your slots 'experiment' - I think you started out all wrong:
    You know the Ladies feature averages 130-150 spins, so why did you start upping your bets every 25 spins?
    I would have kept at the starting level for at least 100 spins, and only then start upping it.
    If the feature hit during those 100 spins - so what? Just start another 100 spins from scratch.

    I can only dream of wagering at the levels you guys do, but for now I'm happy low-rolling myself a nice extra income! :cool:
     
  20. Mar 17, 2006
  21. dirk_dangerous

    dirk_dangerous Dormant account

    No true, there are a number of professional gamblers who win in the long run, at land-based casinos and online casinos.
     
  22. Mar 17, 2006
  23. liquidsoap

    liquidsoap Dormant account

    Occupation:
    my self
    Location:
    home
    HA....
    you can only dream, that would be a nightmare :D
     
  24. Mar 17, 2006
  25. caruso

    caruso Banned User - repetitive violations of 1.6 - troll

    Occupation:
    Casino apologist
    Location:
    England
    :)

    The one that gets me is the Yanks infuriating use of the expression "couldn't care less" in the positive - "I could care less what you think" etc.

    I notice Bryan doesn't make this mistake. Must be his close proximity to the UK...
     
  26. Mar 17, 2006
  27. Reef

    Reef Dormant account

    Occupation:
    Student
    Location:
    USA
    I don't mean to offend OP, but in any other forum I would recommend OP to GA (unless you make ~$20k+/month, then it *might* be ok IMO).
     
  28. Mar 17, 2006
  29. Macgyver

    Macgyver Dormant account PABnononaccred

    Occupation:
    Student
    Location:
    North Carolina
    I'm going off-topic for a minute here, so forgive me ...

    The funniest thing I ever heard about American idiom (one I use myself) was a teenager in front of a criminal court judge here in the town I currently live in. The judge was lecturing him about his actions and he said "my bad" to her.

    For those of you unfamiliar with that, "my bad" is a slang expression that basically means "I'm sorry."

    The judge didn't understand that, thinking he meant he was bad. So she says, "No, you're a good person, but ..." and he starts saying "my bad" again. And she's back to "No, what I mean is ..." and it's his turn to say "my bad" ...

    From what I hear, this hilarious circle went around for a few minutes until the teenager's lawyer finally stepped in and said "Your Honor, he's just trying to say he's sorry." :D

    P.S. And I hate the loose and lose problem, too ... I just let it go this time and saved it for my college English students when they do it. :thumbsup:
     
    1 person likes this.
  30. Mar 17, 2006
  31. winbig

    winbig Keep winning this amount.

    Occupation:
    Bum
    Location:
    Pennsylvania
    Never fails, ya th'o't ya found uh pattern.....an' boom...I th'o't We be all guilty o' dat at one tyme or another. you know das right!


    :lolup: :lolup:

    Translation:

    Never fails, you think you found a pattern.....and boom...I think we're all guilty of that at one time or another.
     
  32. Mar 17, 2006
  33. AussieDave

    AussieDave Dodgy whacko backstabber

    Occupation:
    Gaming SEO Specialist & Casino Webmaster
    Location:
    Australia
    Contemplating how far down the hole I am is a thought I'd rather not entertain. Gambling is my weakness. I can zoom down a freeway at breakneck speeds or do other stupid stuff & don't even break a sweat.
    Put me in a casino and I'm like a kid in a candy store.

    On a loose estimate I'd have a couple of Ferrari's and other exotics by now. Sure I've won a sh#t load of cash over the years, but in comparison I've spent a damn side more. My lows are pitiful but my winning highs, WoW!

    If I could only find another activity that would provide the same adrenaline rushes. Suggestions are welcome :D
     
    2 people like this.
  34. Mar 17, 2006
  35. Pinababy69

    Pinababy69 RIP Lisa

    Occupation:
    Crusader
    Location:
    Toronto, Ontario - Canada
    You don't really want me to answer that do you? :D ;)

    On a more serious note, by all means the "rush" you get when you win is the biggest problem for gamblers. Unfortunately, the biggest problem occurs when your brain over time needs a "bigger rush" just to achieve the same level of high. And I guess in some people it can eventually reach the point where it just can't be satisfied, and that is scary.
     
  36. Mar 17, 2006
  37. dickens1298

    dickens1298 Dormant account

    Location:
    LA, California
    Personally, I enjoy the perks I receive, and although I travel frequently to various casino locations, need not spend an inordinate amount of time gambling. THAT being said, I can easily lose $5000 in an hour, or win $1800 in five minutes (both of which has happened), but one must take the good with the bad.... :)
     
  38. Mar 17, 2006
  39. tim5ny

    tim5ny Quit Gambling

    Originally Posted by Trezz
    If I could only find another activity that would provide the same adrenaline rushes. Suggestions are welcome.


    Reminds me of the movie "Owning Mahoney" . At the start of the movie he's in a room with a counselor, and he's asked "On a scale of 1 to 10, what is the thrill you get when you gamble? Mahoney says 10. He is then asked, "On a scale of 1 to 10, what is the biggest thrill you've gotten outside of gambling?" Mahoney says something like 6. He then asks Mahoney if he thinks he could live the rest of his life knowing he will never exceed a high of "6" .
     
    1 person likes this.

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