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Lost £1,000s over the last 10 years

Discussion in 'Slots Discussion' started by rogertb, Jul 12, 2018.

    Jul 12, 2018
  1. rogertb

    rogertb Full Member PABnononaccred PABaccred

    Occupation:
    retired
    Location:
    UK
    So does anyone win, I've never won a significant amount and over the long term lost a bundle, do people on here really win something, I've tried dozens of sites (approved, generally, by Casinomeister) and dozens of games but a little winning spree is soon followed by a losing run. I really must give the thing up I don't have enough spare cash but am convinced that these sites exist as big investment vehicles for the rich.
     
    DavidShush likes this.
  2. Jul 12, 2018
  3. curremon

    curremon Senior Member PABnononaccred MM

    Occupation:
    Working
    Location:
    finland
    You lost few 1000£ in 10 years ? Poor you :p
    I mean even if you lost 10k its only 1000£/year wich is really small amount to make any predictions about slot fairness etc...

    Maybe slots are not for you if you think you make money with them.
     
  4. Jul 12, 2018
  5. pinnit2014

    pinnit2014 Senior Member MM PABinit

    Occupation:
    Work with figures, other audit-y things
    Location:
    Glasgow
    Some months you’re up, some down - circle of life.

    If I was 1000s over years I’d be happy - you could rattle through that in a night on Bonanza.

    Up or down over 10 years? Defo down. By how much - lord knows, best not look :oops:
     
    mack341 and Mouche12 like this.
  6. Jul 12, 2018
  7. nikantw

    nikantw Ueber Meister MM PABaccred

    Occupation:
    A bit of this and that
    Location:
    EU
    It is all about control and fun. If you have control, if it is fun for you, then maybe when a nice win comes you will be ahead.
    If you don't have control, doesn't matter what you win because you will play it all back.
     
  8. Jul 12, 2018
  9. ReggieMac

    ReggieMac Experienced Member

    Occupation:
    Senior Software Developer
    Location:
    UK
    If we all won overall then there would quickly be no casino's to play at. For me, in order to keep the enjoyment, the odd occasional time that I have won big I usually take an extended break and try to enjoy the winning feeling for as long as possible. I know I will inevitably go back and spend it again BUT so long as you know that it is almost impossible to make any kind of profit over a period of time then you just manage your money accordingly and don't spend what you cannot afford to lose. However I appreciate different people see things differently, just so long as you have fun.
     
    mack341, Mouche12 and sufferinsilence like this.
  10. Jul 12, 2018
  11. sufferinsilence

    sufferinsilence Full Member

    Location:
    Belgium
    Seen the fact that most slots average around 96% return to player depending on how much you have staked over that period it might be right around what you could expect.

    It's possible to win and be ahead for a bit but in the long run you will always lose if you keep playing because of that. I don't think it's only there for the rich, I'm not rich at all and enjoy playing with small deposits and stakes.
     
  12. Jul 12, 2018
  13. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Like the others have said - sometimes you win, but most times you lose.
    I made profit 9 years straight when I first started out online (2001-2009) - but only because bonus terms were a LOT more generous then :rolleyes:

    The last 9 years I stopped being a "bonus hunter" and just play for fun with money I can afford to lose.
    I've had some good wins - and some bad losses. The most annoying losses are when I've built a 300/400 deposit up to 2,000+, but then not cashed-out and blown most of it away :(
    In fact, I'm in that exact situation now at Videoslots: Deposited £300 two weeks ago - balance now £1,800. I need to find that cash-out button! :oops:

    How did I do it?
    Well I can't remember all the games I played (even though there's only been about 8 or 9), but definitely Moon Princess (CAUTION - this is a Bytch of a game!), Finn & the Swirly Spin (yes -really!), Vikings go Berserk, Wish Master (lost on that), Reactoonz, Gemix & Troll Hunters.
    Of course, Troll Hunters was the game I hit an amazing £10,000 win from a £10 spin last year - and that means I am still currently life-time up at VS.
    I had another lucky £10 spin today (plus a few smaller wins off £2 spins) which let me make £400 profit in 20 minutes :cool:

    Here's a few screenshots from this deposit:

    Lost £1,000s over the last 10 years: MoonPx212_Jun18.jpg,Jul 12, 2018

    Lost £1,000s over the last 10 years: BerserkX172_Jul18.jpg,Jul 12, 2018


    Lost £1,000s over the last 10 years: ReactoonzX236_Jul18.jpg,Jul 12, 2018

    Lost £1,000s over the last 10 years: TrollHx42_July18.jpg,Jul 12, 2018

    KK
     
  14. Jul 12, 2018
  15. dionysus

    dionysus can turn wine into water CAG MM

    Occupation:
    n/a
    Location:
    I'm a Canucklehead
    id have to better check my transactions, but after last WD (yesterday), I'm somewhere around either 200 down, par or 200 up, for the last 3 years. In other words, it fluctuates - but overall, it's moot as I only spend what I can afford to lose anyway.

    To be frank, I'd be better overall if I cashed out smaller wins more often.
     
    PaaskeDenmark, mack341 and Mouche12 like this.
  16. Jul 12, 2018
  17. goatwack

    goatwack Denny, two is great, but three is a crowd CAG

    Occupation:
    Stuntman
    Location:
    Londonia
    It's a fair point that if we won all the time there'd be nowhere left to play at, which makes you think: are games rig-.......(not going there)

    What is suspect is how several bad sessions follow a good one, every time. That in itself, outside of laws of averages and 'luck', ought to be enough to stop anyone gambling long-term, but never is.

    I'd love to say I'm even over the years but really am probably down a few grand, who really knows.

    All I know is that I don't like the way slots are going with their design *cough* BTG *splutter* and am only seeing endless chasing on pseudo- jackpot abominations, hence I'm taking a break until end of August with ye olde slots since....end of June? And I don't miss it terribly, at least not as much as I thought :D

    You'll never make money off any game consistently, luck, rigged, compensated or otherwise. They're just money-buckets :cool:
     
    PaaskeDenmark, mack341 and Mouche12 like this.
  18. Jul 12, 2018
  19. Savatage79

    Savatage79 Experienced Member

    Occupation:
    Contractor
    Location:
    Pittsburgh
    Bummer to hear, but yea some win and some don't. I go thru stretches where it's brutal but then it always comes around. I've actually cashed upwards of about 80 grand now and have probably spent 30 to 40k in the last 2 years.

    My father also plays and is a rut like that, I highly suggest taking a long break. Hope you do better in the future
     
    Mouche12 likes this.
  20. Jul 13, 2018
  21. brickharbor

    brickharbor Full Member webmeister

    Location:
    UK
    I had the 19000x win on Queen of Riches last year and despite that win, over the last 10 years I am down a much bigger amount than that. You win some you lose some, casinos are businesses at the end of the day and they wouldn't be around if we didn't lose money.
     
    Jasminebed and Mouche12 like this.
  22. Jul 13, 2018
  23. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    ... or maybe I should wait a bit longer... ;)

    Lost £1,000s over the last 10 years: WabbitsX156_Jul18.jpg,Jul 13, 2018

    KK
     
  24. Jul 13, 2018
  25. toph11

    toph11 Experienced Member

    Occupation:
    guard
    Location:
    Canada
    only 1000 in 10 years?
    i live with my sister and she doesn't play often
    she is in profit while i am down a lot
    she deposits like twice a month and she only deposit 30.00 at a time, she is up like 5 grand

    you should know when to call it quits and it's best not to stay on a single slot for too long
    you should also never deposit with your winnings or you will most likely lose the lot on a losing streak
     
  26. Jul 13, 2018
  27. me_and_ed

    me_and_ed Ueber Meister CAG MM

    Occupation:
    Selling out
    Location:
    Vancouver
    I don't even know how to respond to this, there are times when I lose $1000 in an hour........Vegas was built on winners right!?
     
  28. Jul 13, 2018
  29. Savatage79

    Savatage79 Experienced Member

    Occupation:
    Contractor
    Location:
    Pittsburgh
    Unless I'm missing something, hes sayin he's lost thousands... Not just a thousand dollars.
     
    Mouche12, mack341 and DavidShush like this.
  30. Jul 21, 2018
  31. DavidShush

    DavidShush Newbie member

    Location:
    UK
    A few win and spread the word. Most, like you, lose. That is how these businesses work. If everyone was winning they'd go bust. These games are designed to take your money, not give it to you. The only way to play if winning is your goal is as suggested, plan how much you can afford to lose, bet it, and if you're ever up, run away and never come back. Anything else will end in misery over the long run.
     
    Mouche12, Jasminebed and mack341 like this.
  32. Aug 16, 2018
  33. rogertb

    rogertb Full Member PABnononaccred PABaccred

    Occupation:
    retired
    Location:
    UK
    So good to see so many responses, thanks chaps, you all seem so optimistice, which is excellent but I have very little left out of my budget to enjoy on the slots (and I do enjoy the "thrill") so when I'm down, which is the norm, it's a little depressing, oh well, each to his own budget and temperament, good luck to you all ... Roger
     
    Mouche12, mack341 and sufferinsilence like this.
  34. Aug 17, 2018
  35. Jasminebed

    Jasminebed Closer to 100 than Birth

    Occupation:
    Not in workforce
    Location:
    Ontario
    I'd say if losing is getting you down, take a break for a little bit.

    If you spend 30 on a night out for a couple of pints with some buddies, and end up scraping by, does this get you down too? Or ordering takeout instead of cooking?

    I've played a lot over the past 10 years, and most years I was not down too much... a grand a year is less than $20 a week, and some I was up a grand.

    I won a large sum in January of 2016, and I am pretty sure I ended up ahead even more than that in 2016, but 2017 I lost a lot. Certainly down so far this year, but I'm back to more modest deposits, and making decisions about where that "entertainment" dollar goes.

    An out-of-town wedding this weekend will leave me singing broke til the end of the month blues. But the fridge is full, bills are paid, so I can't regret my last few deposits.

    Having paid off my debts a couple of years ago, I have more disposible income monthly now.

    But I'm relatively sure that even with a few big wins in the past decade online, I'm still down lifetime gambling, especially if you factor in losing about 30K in disability and drug benefits after a big win.

    I am almost sixty.
     
  36. Aug 17, 2018
  37. rogertb

    rogertb Full Member PABnononaccred PABaccred

    Occupation:
    retired
    Location:
    UK
    Makes a lot of sense Jasminbed ... I'm a little over 60 and seem to be similar in money terms ... some months are a bit of a struggle but generally I'm sound - a little debt but it's "managed' - not gambling (I've self excluded) has made me feel quite a lot better (maybe that should be a better non better).
     
    Jasminebed and geordiecolin like this.
  38. Aug 17, 2018
  39. catcat941

    catcat941 catcat

    Occupation:
    freelance
    Location:
    sofia

    Roger if u think its so easy why dont u open a casino and c how much r the starting costs
     

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