Speaking of Fortune Lounge

[clj7221]

Besides there Telemarketing calls to get us to play there, I have to say I have never ever seen a winner on any of the fortune lounge casinos.On many other casinos I play they always have names of people who won a jackpot on there. I have never seen that on any of the Fortune Lounge casinos. And the years I have played there I have never won anything and it was very rare if I was even 10 dollars ahead of my deposit.There odds are Horrible for us.They are the only Casino that I have never ever made a cash in from. I never won or got ahead at any of their casinos.

I have played most of the microgaming casinos on casinomeisters list and have had a cash in or played for a while.But never did I even play long at any of the Fortune Lounge casinos. Ten minutes tops and then your Money is gone. Now I understand why they are the only casino to telemarket us.Because there are no winners there.so no one wants to play there anymore.

It is clear that they are a very tight casino. I have closed all of my Fortune Lounge casinos a year ago.I recently opened there new one platinum play and thought it would be good.But now I see it is just as bad as the rest of Fortune Lounge casinos. I stay within 10 dollars of my deposit and if at anytime I get further they swipe it fast and your lucky if you have anything left from your deposit to continue. I would not recommend Fortune Lounge to anyone and will be closing the platinum play one.

Fortune Lounge is not a winning situation by any means!

 

[bbchang21]

The operators of Microgaming casinos cannot change the odds, they are the same at all casinos. Is it possible that you were simply unlucky? Of course, they should not call you if you have asked them not to, but that's a separate issue.

 

[GrandMaster]

Besides there Telemarketing calls to get us to play there, I have to say I have never ever seen a winner on any of the fortune lounge casinos.On many other casinos I play they always have names of people who won a jackpot on there. I have never seen that on any of the Fortune Lounge casinos.

Check out

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[clj7221]

It did not say that those winners all won at fortune lounge casinos. Also unless microgaming comes out and directly tells us that casinos can't control the odd's, Then I will believe it.

 

[jpm]

If you login to your players club account, you can see daily winners from specific FL casinos. Here's today's list:

Top Winners

April 05, 2004

AdrianoL. at Vegas Palms Casino won
$50,260 on Slots - 5 Reel Drive!

LyndaH. at Seven Sultans Casino won
$20,000 on Video Poker - Deuces and Joker!

ScottM. at Vegas Palms Casino won
$20,000 on Progressive Cyberstud!

JoeH. at Seven Sultans Casino won
$10,000 on Multihand Video Poker - Joker Poker!

TomG. at Royal Vegas Casino won
$8,050 on Multihand Video Poker - Aces & Faces!

 

[clj7221]

over what period of time were these Jackpots won. Fortune Lounge is one of the worst casinos I have ever played at.I would not even trust what there site says anymore.

They have tons of complaints on this site. I see more complaints about Fortune Lounge then complements....if any.

I'm a fair person. I play around 6000 dollars a month on many casinos.You of course don't always win.But I have never seen such a poor loosing streaks everytime I play a fortune lounge casino.They do not even allow you time to play and enjoy time playing. about 10 minutes your money is gone.

My husband who also posts on here has the same experience at fortune lounge. I feel it is rigged to make most loose.
And please don't tell me that it can't be rigged.My husband has many posts asking microgaming to tell us if casinos can change there odds. so far they have not responded.And I don't care if a software expert says it can't be rigged. No body knows except microgaming.

 

[jpm]

I have no idea over what period this is, but it seems to be a daily list of winners. I couldn't say for sure though as I have never been on the list either. I think my best win there was $1250 for a natural royal on joker poker (or maybe 10s or better poker)and that was a while ago. It seems like they've been pretty tight though for about the past 2 months from my experience.

 

[hhcfreebie]

It did not say that those winners all won at fortune lounge casinos. Also unless microgaming comes out and directly tells us that casinos can't control the odd's, Then I will believe it.

Actually, you don't have to believe them even if they say their software is fair. Many rigged software always states their odds are random and fair.
That been said, I believe MG's games are random and fair. Why? Because I record all my play in excel. If they rigged their software, I would have caught them in a few months and I have been playing more than one and half year. I wagered around 10-30k per month and there is nothing unusual about the outcome. I always have a chance to bounce back when I had a terrible loosing streak. In the end their BJ seems to payout more than 99%.
I didn't have much luck with their Video Poker. Since the variance of VP is very high, I'd say a payout of 95-98% is not unacceptable.
However, if you play slots you are doomed. Casinos reserve the right to change the odds of slots at any time. With a high variance, you can't even be sure what's the payout of slots at any given time. PWC do report the payout of all slots and that's the only indication you have. I'd say the payout of slots is 90-95% but you can easily get a 60% or lower payout because of its high variance.
Here is my suggestion to make your money last longer:
(1) Play games of higher payout such as BJ or VP.
(2) Play games of lower variance such as baccarate, casino war or pai gow poker.
(3) Bet as little as possible per hand.
Of course, you trade off the chance to win big so that your bankroll will last longer.
For more detail of the variance and payout of certain game, check out here:

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ps: How bad is your loosing streak? I'd like to see how many units lost/wagered. Many posters here will give you an estimate of how likely it will happen.

 

[clj7221]

It's not microgaming I am complaining about.It's Fortune lounge. I feel casinos can change their odds and Fortune Lounge has there odds so tight It's no wonder they have to get people to play by telemarketing them.

I play many microgaming casinos and spend a few thousand dollars monthly.Most of them I play are very fair. Fortune Lounge is not.

 

[Clayman]

It's not microgaming I am complaining about.It's Fortune lounge.

I never thought it would be even possible to lose here what with weekly 20% & more bonuses at 5 casinos every week. For me, Fortune Lounge Group has been like a broken ATM machine spewing out cash.

My guess is alot of your total play is at slots.

Anyway I can tell you, with a high degree of confidence, that the Blackjack games are fair. Freebie gave some good advice up there.

Payback percentages by casino follow: (Assumes flat-betting, splits counted as 2 hands)

7 SULTANS 101.67%
FORTUNE ROOM 99.16%
ROYAL VEGAS 100.83%
VEGAS PALMS 101.42%
VEGASVILLA 102.92%

OVERALL 101.31%

Anyway, good luck to you at the other Micros. Guess everyone has places they like and places they don't.

 

[clj7221]

I never play slots. I play the poker games.

LOL spewing out cash..... how much are they giving you to post this message!

 

[Clayman]

I never play slots. I play the poker games.

Sounds like an awful lot of bad luck then to have rarely been up by more than $10 in years of play but I just play the BJ there. I'm sure you're doing the right thing in closing your accounts. Maybe I've just been as lucky as you've been unlucky. Guess we're just two far-away points on the bell-shaped curve.

And I hope they stop calling you - absolutely no excuse for that.

 

[GrandMaster]

It's not microgaming I am complaining about.It's Fortune lounge. I feel casinos can change their odds and Fortune Lounge has there odds so tight It's no wonder they have to get people to play by telemarketing them.

I play many microgaming casinos and spend a few thousand dollars monthly.Most of them I play are very fair. Fortune Lounge is not.

You are clearly very bitter about something and I have the feeling that nothing we say here will change your mind.

Could you provide further details? Do you mean that you deposit a few thousand dollars and are willing to lose all of it? What is your typical betsize? There are a few of us here who can estimate what the probability of your loss.

VP has a big variance and unless you hit a royal flush you are very likely to lose. You expect to hit it about once in 40000 hands, but the probability of hitting it exactly once is about 37%, the same as not hitting a royal flush at all.

 

[jpm]

Huh? I don't understand what you mean by the last part of this. Can you explain please (the 37% part)?

VP has a big variance and unless you hit a royal flush you are very likely to lose. You expect to hit it about once in 40000 hands, but the probability of hitting it exactly once is about 37%, the same as not hitting a royal flush at all.

 

[GrandMaster]

Huh? I don't understand what you mean by the last part of this. Can you explain please (the 37% part)?

The number of royal flushes in 40000 hands has approximately a Poisson distribution with mean 1. The probability of n royal flushes is 1/(n!*e), where n!=1*2*...*n, 0!=1, and e=2.718281828... is the base of natural logarithm. This formula gives the probability of both no RF and exactly 1 RF as 1/e=0.368.

 

[jpm]

That's interesting. So that 37% probability is only over the course of 40k hands then, but could also be over the course of your lifetime, assuming you only play 40k hands at a time, no more, no less, lol.

 

[Clayman]

You expect to hit it about once in 40000 hands, but the probability of hitting it exactly once is about 37%, the same as not hitting a royal flush at all.

I guess this would mean the good news is that 24% of the time you will get 2 or more Royal Flushes in a 40,000 hand session. I like the sound of that better!

Is it true that, on average, if you were to play a series of 40,000 hand sessions, you would expect to get your first Royal within the first 27,600 hands? In other words, is that the mean? Or over/under in layman's terms?

 

[jpm]

lol, I only wish it worked that way clayman! I'd love to get 2 or more royals every 4th time I play 40k hands. Or would that be one or more every 8th time I play 20k hands?? Hmmm

 

[Clayman]

lol, I only wish it worked that way clayman! I'd love to get 2 or more royals every 4th time I play 40k hands. Or would that be one or more every 8th time I play 20k hands?? Hmmm

LOL - What do you mean you wished it worked that way? Didn't I just read somewhere you had 2 Royals in 12 hours?!

 

[jpm]

Well that's true, but I think I've played enough since then to have that happen again, and it hasn't yet. :-(

 

[GrandMaster]

That's interesting. So that 37% probability is only over the course of 40k hands then, but could also be over the course of your lifetime, assuming you only play 40k hands at a time, no more, no less, lol.

Here is the general formula if you play more or less. Let v (usually denoted by by the Greek letter nu) be the expected number of royals, equal to the number of hands played divided by 40000. Then the probability of exactly n royals is
v^n/(n! e^v), where ^ means "to the power of". For example, if you play 100000 hands, then v=2.5, and the probability of 0, 1, 2, 3, 4 royals is 0.082085, 0.205212, 0.256516, 0.213763, 0.133602, respectively.

 

[thetest32]

What you have to remember though is that short term fluctuations can happen and completely re-write what the odds say (although of course only in the mind.. stats always stand firm over many simulations)... I could play my very first hand of VP and hit a royal... Just because stats say on average this should happen, doesn't mean it will happen to you as an individual. I suppose this is where the concepts of luck and bad luck comes in. A lucky person does better than stats suggests - an unlucky one never gets one in their life... at the moment I personally am very much falling in to the latter category!

 

[clj7221]

You missed the whole point of this post.

Here is the general formula if you play more or less. Let v (usually denoted by by the Greek letter nu) be the expected number of royals, equal to the number of hands played divided by 40000. Then the probability of exactly n royals is
v^n/(n! e^v), where ^ means "to the power of". For example, if you play 100000 hands, then v=2.5, and the probability of 0, 1, 2, 3, 4 royals is 0.082085, 0.205212, 0.256516, 0.213763, 0.133602, respectively.

 

[Clayman]

Let v (usually denoted by by the Greek letter nu)

You know I actually studied ancient Greek in highschool but the only thing I think I learned from it is that I can pronounce all those mathematical variables like, alpha, nu, mu, omega, tau, epsilon, sigma and maybe phi. I can't understand them but I can pronounce them. That's important, I think. Also, I'm really good at being able to read fraternity house names.

Someday I'll tell you about my starring role in the all-greek play "Odysseus". Since all dialogue was in Greek and it occured on a night of a major snowstorm, attendance was sparse in the 800 seat auditorium. And my opening speech was not supposed to be a conjugation of the verbs "be", "have" and "love" in all tenses and declinations of various male nouns. The good news was nobody knew, except of my course Greek teacher, who kept trying to pull his hair out, except he didn't have any.

Anyway, thanks for the formula. I can follow it so that's good enough for me.

What do you think of my over/under line calc?

OK - clj7221 - I'll bite. If you have to stick to just one, what exactly is "the point" of this thread?

 

[clj7221]

I'm not reliving this post again.
Let's moveon.org

You know I actually studied ancient Greek in highschool but the only thing I think I learned from it is that I can pronounce all those mathematical variables like, alpha, nu, mu, omega, tau, epsilon, sigma and maybe phi. I can't understand them but I can pronounce them. That's important, I think. Also, I'm really good at being able to read fraternity house names.

Someday I'll tell you about my starring role in the all-greek play "Odysseus". Since all dialogue was in Greek and it occured on a night of a major snowstorm, attendance was sparse in the 800 seat auditorium. And my opening speech was not supposed to be a conjugation of the verbs "be", "have" and "love" in all tenses and declinations of various male nouns. The good news was nobody knew, except of my course Greek teacher, who kept trying to pull his hair out, except he didn't have any.

Anyway, thanks for the formula. I can follow it so that's good enough for me.

What do you think of my over/under line calc?

OK - clj7221 - I'll bite. If you have to stick to just one, what exactly is "the point" of this thread?