Jackpot won at Partycasino (?)

[theriver]

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MODERATOR NOTE: this story has yet to be substantiated and there appear to be some inconsistencies
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Hello guys, first of all sorry for my bad english, I'm from Germany - Hamburg.

Here's the deal, my best friend has won a jackpot on Partycasino, almost 1 million dollar!

Nice uh! Problem, they wouldn't let him cashout in once, because he i'sn't a VIP!
He only has a bronze level, so they let him cashout 25k a month! That's 4 years for all....

My friend really got a gambling problem so the money is going to be lost at the casino for sure.
They told him that if he would get 100k points he can cashout 75K that month!
Another 100k points for the next month etc...

So he started plaing like crazy, already dropped 200k!! On a VIP machine, 2k dollar per spin!!

What you guys think of this? ofcourse it's stupid for him to play but when you ship a jackpot you should get it immediately right??

 

[KasinoKing]

What you guys think of this? ofcourse it's stupid for him to play but when you ship a jackpot you should get it immediately right??

I think that if these limits are clearly spelled out in the T&Cs, then you have to accept it.
Of course, no-one expects that they are going to win such a huge amount, so most people probably wouldn't give such terms a second thought when they start playing.

I think most people here would be absolutely delighted to be getting $25K a month for 3 years - I know I would!

The problem here is not the casino, but your friend and you really need to try to persuade him to do the right thing. I would suggest he needs to completely stop all gambling and may even need counselling to help him with this problem. I don't even know the guy but I am very concerned for his future well being.
CasinoMeister has a very good section about problem gambling, you both should read it: https://www.casinomeister.com/quit-gambling/

KK

 

[Seventh777]

Well, if what you are saying is the truth then this is wrong, when a PJP is won the software provider pays the casino where it was won, so it`s a stalling technique so they milk the interest (I take it this win was a PJP yes?).

 

[theriver]

Yes it was a partycasino jackpot.

Offcouse I agree that it is his own responsibility to play or not to play it. But when they hold the money, offer you a 'deal' where he can cashout more if he plays more, don't they trigger him to play?

I know for sure he isn't going to make the 4 years! Luckily he probaply get 100k points so he can cashout more this month but that isn't the solution.

Nobody expects to win such a jackpot but when you do, you have to get patience and put your gambling feelings away for a long time.
For some people thats hard to do.

 

[Seventh777]

Yes it was a partycasino jackpot.

Offcouse I agree that it is his own responsibility to play or not to play it. But when they hold the money, offer you a 'deal' where he can cashout more if he plays more, don't they trigger him to play?

I know for sure he isn't going to make the 4 years! Luckily he probaply get 100k points so he can cashout more this month but that isn't the solution.

Nobody expects to win such a jackpot but when you do, you have to get patience and put your gambling feelings away for a long time.
For some people thats hard to do.

A rogue casino with nearly $1 million of someone`s cash in their bank, hate to be the bearer of bad news, but we can all see where this will go, I would tell your friend to seek legal advice asap.

 

[chuchu59]

If your friend can afford a downpayment for a house/flat obtain a mortgage and have the money paid to the mortgage account to coincide with the instalment dates. This way the bank deducts the money immediately and your friend will not have access to the funds.

 

[Simmo!]

But when they hold the money, offer you a 'deal' where he can cashout more if he plays more, don't they trigger him to play?

Seriously? They really did that? In writing?

I totally agree with KasinoKing - he needs some help before he wastes it all but only he can really take that step. I agree too that if it's the T&C's then that's not unfair. IGT also pay out jackpots in installments. I think it's wrong myself but those are the rules they set out and players have the choice not to play there.

 

[vinylweatherman]

What is clearly rogue here is that they are trying to entice the player to play loads more and they will then TRIPLE his monthly allowance. If they can pay 75K under these circumstances, they can damn well pay 75K WITHOUT the player playing away their big win.

Firstly, it needs to be made clear to this friend that this is 100% a tactic concocted to screw him out of the vast majority of his jackpot, and that he should resist playing their game that lets them hide behind the rules and claim they were acting "honourably". He should tell them that he agrees that 25K/month over 4 years is a great idea, and that he has been told this by a "financial advisor" who thinks a payment plan would make him spend the windfall more carefully. He will then need the help and support of his friends to resist temptation to log back in and blow the lot.

This will put the casino over a barrel, as they will come to realise that they face 4 solid years of close scrutiny by CM members, and had better keep up the 25K/month payment without any "monkey business", such as trying to cut alternative deals in the style of Joyland casino (who tricked a Canadian player into giving up $2Million of a $4Million jackpot in order to have this $2Million paid right away).

The terms also need to be checked VERY carefully to see if they are ALREADY trying some "monkey business" over the current payment plan, and in particular the offer of a deal to speed things up.

 

[theriver]

It's just so sick guys. I mean this isn't some shady casino, this is Partycasino, some of the biggest in the world!

He was told over the phone that he couldn't cashed out in once and was noted on their T&C, so yes we checked them right away and it mentions the 25k pay out each month by his vip level at the time of winning.

I am going to visit my friend tonight, hopefully I can talk into him to stop playing but it's going to be tough. Maybe change his password or somethinh with him.
He already dropped some money again.

I don't think that he has any rights because it's in their T&C right? last thing he wants is an argument with them, maybe they can confiscate overything?
what if I loses a lot? no way he can make a case of it because it is his own responsiblity....

 

[naththo]

Hi,

Unfortunately yes, it is part of term and condition. Every casino have different rules set out. So there is not much you can do about. You just have to accept the installment payment per month. Although he really need help with serious gambling problem.

If he kept playing after jackpot then its a real serious gambling problem. So he will need to see Dr (GP) to get referral to see counselling with mental health care plan. I hope this way should work for him. He has to be responsible for it, plus he must think about his family and future which is the most important, if you gamble away, you gamble away the family and future and your screwed. Thats what it will happen. NOT if, but, etc no excuse. He must not make excuse, just go and get help at once for good then thats great, its a great live saving.

You must help your friend. It is your choice. But it is good idea to try encourage him. Don't let him get away with poor excuse. If he did get some help, its a win win situation. If you keep gamble, you keep losing, not win at all. If you stop gamble and save up the money, you win all the time. Also tell him that Casino make a HUGE massive profit. So there is no need to give away money to casino to help them keep running. Casino is designed to be supposed to play for fun and entertainment.

Every casino website has gambling awareness too as well. If any casino didn't have gambling help/hotline or any awareness, then casino is in rogue pit instantly if it was the case. Its the law that every casino must have those feature too. Anyway good luck guy! I hope you be able to manage to get him to get help.

 

[Jasminebed]

That's life changing money, and very few of us gamblers ever get a chance at such a win. I agree that he should change his password, and I think ask for self-exclusion as well. Unfortunately, Party Casino is not the only place he can gamble.

If he cannot be responsible, he could approach a bank and have a trust fund set up where a monthly amount is paid to him, and the trustee (a family member or the bank), could authorize larger amounts for certain purchases, like a new vehicle, or a downpayment on a home.

Ultimately though it is your friend's responsibility to acknowledge his problem and seek help. I agree that his family doctor is a good place to start. There are medications that help with impulse control, and Gamblers Anonymous has chapters all over the world.

What's worse than he may just blow though the money, he might be able to obtain credit based on this "asset" and end up deeper in debt than if he'd never won anything.

 

[vinylweatherman]

That's life changing money, and very few of us gamblers ever get a chance at such a win. I agree that he should change his password, and I think ask for self-exclusion as well. Unfortunately, Party Casino is not the only place he can gamble.

If he cannot be responsible, he could approach a bank and have a trust fund set up where a monthly amount is paid to him, and the trustee (a family member or the bank), could authorize larger amounts for certain purchases, like a new vehicle, or a downpayment on a home.

Ultimately though it is your friend's responsibility to acknowledge his problem and seek help. I agree that his family doctor is a good place to start. There are medications that help with impulse control, and Gamblers Anonymous has chapters all over the world.

What's worse than he may just blow though the money, he might be able to obtain credit based on this "asset" and end up deeper in debt than if he'd never won anything.

Quite, but they have his million. If he agrees to it, he should change his password in a way that he does not know it, but has it recorded and placed in a safe place. Next, agree to the payment plan and uninstall the casino. This way, he is limited to blowing 25K per month for the next 4 years, during which time he can think about whether there might be a better use for the bulk of this money. In some ways, this could end up being a better solution than him having it all at once, and going "on tilt" at other casinos with it.

In terms of investments, some should be locked away in long term investments that cannot be cashed in, perhaps a pension plan of sorts, one that can't be touched until he is much older. If not, some kind of long term bond over a number of years. Obviously, some needs to be stored in a standard "on demand" account, and he should make sure he is "sorted" for life with the basics, such as a guarantee of somewhere to live.

It might seem a huge sum now, but over a lifetime it is NOT enough to guarantee he never needs to make money ever again.

There are many cases where big winners on state lotteries and the old style "football pools" have won huge sums, but blown the lot in a few years, and grown older to regret it. This is a particular danger for those who win this kind of money in their 20's, who are not yet thinking of what is going to happen when they are 40 and beyond.

It is almost a certainty that he will NEVER win this kind of sum again, however much he plays on. If he has already lost a chunk back, he may well be drawn into "chasing" behaviour to at least try to get back up to his original balance. The most likely result is him losing the lot some time in 2012, having kept a couple of 25K installments along the way.

If this is a responsible casino, they should offer him the abilty to be locked out whilst he receives the payments over 4 years. They should NEVER have offered him a deal in order to get him to "high roll" on his big win in order to get an increase to 75K per month.

When Joyland casino offered this deal to the Canadian player, they ended up getting a bashing, and ultimately ended up in the rogue pit. I see no reason why Party casino should not suffer the same fate for offering a similar deal in this case, designed purely to get the player to play back a portion of his win in order to get the remainder 3 times as fast. This probably breaks the law too, as it is the complete opposite of encouraging responsible gambling.

Although the payment plan itself is in the terms, the offering of the deal should be the subject of a PAB. Your friend needs to join CM and do this himself through his own CM account, as Max does not normally deal with players via a "friend", although a player CAN have someone help him with translation if his English isn't good enough to manage the PAB process alone.

 

[plasticnote]

Close account at party casino and wait for payment, 1M in 4 years time - CPI 5% per year + compound interests 3.25% per year still 928K + nearly $300
If he wants to play, play fruit machine, by the end of day, he still has sth left.

 

[Seventh777]

Doh I mistook Party casino for PartyCity my bad

 

[theriver]

Just came back from visiting my friend. He f*cked it up! and hasn't been really honest about his balance...

Just a little below 500k left! So sick is this, he is a wreck now. He has been tried to win his losses back on a VIP fruitmachine, spinning up to 2000 dollar a click!

His parents dont even know about his ship... I suggested him to tell his parents he won 500k, so not about the million and ask them to hold his new password we are going to make with them. They will be in town tomorrow so he must arrange that immediately.

He already called with Party if he please can get a cashout but they told him no.. Just 100k this month, he propably wagered a few million on that sick slotmachine with 2k a spin. He tried to pay of his winnings, not possible because they would cost him so much more then half.
He was litteraly told by some Vip manager, my job is to keep you playing!

Well, hope the 500k stays intact and for december he can already cashout 100k, due to his partypoints this month.
Talk to his parents tomorrow and let them handle it further.

 

[plasticnote]

Just came back from visiting my friend. He f*cked it up! and hasn't been really honest about his balance...

Just a little below 500k left! So sick is this, he is a wreck now. He has been tried to win his losses back on a VIP fruitmachine, spinning up to 2000 dollar a click!

His parents dont even know about his ship... I suggested him to tell his parents he won 500k, so not about the million and ask them to hold his new password we are going to make with them. They will be in town tomorrow so he must arrange that immediately.

He already called with Party if he please can get a cashout but they told him no.. Just 100k this month, he propably wagered a few million on that sick slotmachine with 2k a spin. He tried to pay of his winnings, not possible because they would cost him so much more then half.
He was litteraly told by some Vip manager, my job is to keep you playing!

Well, hope the 500k stays intact and for december he can already cashout 100k, due to his partypoints this month.
Talk to his parents tomorrow and let them handle it further.

This sicks me, you have to tell your friend, his job is to keep the wins left as much as possible.

If possible, get him locked up for few months for his own good. Rehab or labor camp?

 

[Greigssy]

My two pence worth,installing a program like Gamblock really helps having seen this before in action.The first sign on a gambling or a betting site it shuts down the webpage and even ur pc. There is no way of removing it from the pc either.

Also kinda stinks not getting 1 mill all at once,left in the bank it can accumulate around 3000 a month interest!

 

[Dipity]

This is just a crazy story. You need to sit your friend down and tell him to stop, right now.

 

[Seventh777]

This guy needs some media coverage at peak time, they say no publicity is bad publicity I beg to differ, send an email to the B.B.C news desk and Sky, the B.B.C. is the largest gatherer of news in the world explaining in graphic detail, worth a shot, right in between the times Party Casino`s advert is on.

You do not have permission to view link Log in or register now.

You need to hijack your friends P.C. and use that self exclusion tool.

 

[Simmo!]

Hello guys, first of all sorry for my bad english, I'm from Germany - Hamburg.

Hmmm. Your IP address says you are in Holland

 

[Seventh777]

Hmmm. Your IP address says you are in Holland

I just rang Party casino, we`ll see what happens now.

 

[Mousey]

Hmmm. Your IP address says you are in Holland

I've been wondering if it's actually his 'friend' being discussed...

 

[theriver]

Guys I don't make up this story. We are students staying separete in amsterdam.

 

[sattty]

party casino has a self exclusion tool..id suggest setting the self exclusion tool to block you out for 1 month...then log in and cash out the max amount..then self exclude for another month then do same thing..a very boring process...but at least the money wont get gambled away

 

[theriver]

Anyway thanks for all the tips. I will do everything to help my buddy tomorrow in guidance of his parents.

I will keep you updated if party will allow him to cashout more, maybe to this thread.