GrandMaster
Dormant account
- Joined
- Jan 21, 2004
- Location
- UK
It is a great story, I read about it in Blackjack Autumn by Barry Meadows. It is surprising that it took so long for the casino to figure out what was going on. It must have been odd that that a casino where $5 bettor were high rollers was suddenly full of people betting $100, who were literally winning all the chips the casino had. Even afterwards the manager blamed a gang of card counters when this promotion could be exploited by simple basic strategy. The sad thing is that if it had been properly managed, it could have been a good promotion. For example, Harrods Casino offers promotions that if you win 5 hands in a row, you get the smallest stake credited to your account as a bonus, which gives a tidy advantage to the player, but the total bonus is capped at 100.freakin said:Don't forget theYou do not have permission to view link Log in or register now.. Yet another case of a casino screwup that cost them money which they paid out.
Joylands' management must have noticed that their turnover was vastly increased, yet they were losing money, but their only reaction was to reduce the comp rates. I have to assume that they evaluated the situation and they were happy with the new comp rate. After that point they have no right to complain.
If you want a bank analogy, then imagine a bank that offers 5% interest per diem, instead of 5% per annum. People large amounts and just withdraw the 5% interest every day. After a few days, management notices that the bank is losing money, so they reduce the interest rate to 3% per diem. After a week they lock the accounts and call the customers thieves.qazwsx said:If you and your friend's had not pounced on it like an accident that resulted in a safe being left open at a bank, you would have no issues with this casino. Act like a criminal and you will be treated as one.
Just because they are a casino, and not a bank, does not mean they should be looted. You guys are pathetic, and the cover up after the fact was done by the portal, not the casino. Any player who hit the "convert" button every 15 minutes is a terrible thief. Terrible meaning greedy AND stupid.
Let me quote Barry Meadows on casino errors (Blackjack Autumn, pp. 120-121):
"The moral code in the gambling world states that if the dealer makes a mistake against you, point out the mistake immediately. If he makes a mistake in your favor - overpays you, calls a loss a push, fails to collect the proper insurance money - mum's the word. Dealer mistakes are rare, but it is gauche to tell a dealer about a mistake that helps a player. A priest who would trudge 5 miles in the snow to return a $1 bill to a supermarket clerk who gave him too much change will, at the blackjack table, overlook a $1 error in his favor. As he should. After all, it's the casinos' goal to shake every last player by the ankles to get every last penny, and they don't have much guilt over that."
I must have lost several hundreds dollars at the blackjack table at various online casinos through pressing the wrong button. No casino has ever offered to refund my money, although it must be obvious that I did not mean to hit all those hard 17s, 18s, 19s and 20s. It would be nice if I could keep my money if I win, but get a refund if I bust.