Taking a break after losing 14k in one day...

interlog

Meister Member
webmeister
PABnonaccred
MM
Joined
Mar 29, 2015
Location
London
Actually, going by some behaviours in the Twitch chat, whenever a "give away" for a shitty 10euro price commences, you have all and sundry suddenly going for that raffle. I doubt a high roller would be taking part in that!
 

geordiecolin

Meister Member
PABnononaccred
CAG
mm4
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Jun 5, 2015
Location
Near Newcastle
I very much doubt that the proper high rollers watch Twitch or Youtube for some twat with a hat playing slots
There is a huge gulf between low rollers and proper high rollers as you have highlighted. You are ignoring that massive middle ground.

Edit. Where you not a live streamer at some point?
 

interlog

Meister Member
webmeister
PABnonaccred
MM
Joined
Mar 29, 2015
Location
London
There is a huge gulf between low rollers and proper high rollers as you have highlighted. You are ignoring that massive middle ground.

Edit. Where you not a live streamer at some point?

I indeed was and I can tell you for free that if you play with relatively low stakes (£2 max) you may as well not consider it if you want to make money from it. I am sure those streamers that played with similar stakes that I do can vouch for that.
 

geordiecolin

Meister Member
PABnononaccred
CAG
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Near Newcastle
I indeed was and I can tell you for free that if you play with relatively low stakes (£2 max) you may as well not consider it if you want to make money from it. I am sure those streamers that played with similar stakes that I do can vouch for that.
The only streamer that I have ever really followed other than the occasional JGSlots is Craigslots and that is only because his channel was born from him being a Casinomeister contributor and I was both curious and wanted to see him do well-streaming and affiliates where a new concept to me.
He played with between about £3 up to £20 spins at his height but after the restrictions imposed by Youtube he has indicated that he has lost the motivation except for his own personal urge to play occasionally.
Personally I enjoyed watching him build up his following while playing lower stakes than when the money was rolling in and watching him almost deliberately blow his balance on big betting.
 

SlotMonster

Twitch Streamer - Affiliate
webmeister
Joined
Apr 2, 2007
Location
Belarus
I know very little about affiliates,live streaming and how it works so I will just ask this question. Do those live streamers who play for silly high stakes attract more potential high rollers to their audience than those who play for much more moderate stakes therefor the chances of attracting sign ups from big spenders is much higher thus generating massively bigger incomes?

Bigger stakes just attract more people, increasin the audience and helping affiliate to get better deals. Also, more people --> more -- clicks, registrations and deposits.
 

Slotplayer83

Full Member
Joined
Jan 29, 2021
Location
World
@Slotplayer83 - People keep talking about this "switch" that turns off their winning streak and makes them start losing constantly, not realising that is the normal behaviour and the big wins they had previously were the aberrations.

But as you said repeatedly you can't be told it's not rigged there's no point trying to change your mind. Just be aware of this; losing is normal, expected behaviour and over a fairly short period of time is guaranteed. They do not need to rig it against you personally or in any way other than the way it is advertised- a coin flip you will lose 52% of the time. I say this because you sound like you are expecting to win and keep winning, this is not possible.

If you've had big wins, take a break, or at least reduce your stake or it'll all go back in sooner or later.

You were absolutely right with this though: "I am starting to believe that we're a great selection of big suckers who pays for their own entertainment." - this is (expensive) entertainment, not a way to make money.

Well i think i figured out "why" i would hit a wall. It's really simple and it has no other explanation: it's my deposit vs withdrawl. If i'd had depositted more or i have'nt withdrawled for a while, the bar is basicly being raised for some reason.

Today again; i drop in 50 euro, i can work myself nicely towards 450 euro mark, and now just chugging away on DOA. Perpaps my theory of a pseudo random casino, in where your deposit is basicly having a determination wether you win or not. It's still technically a game of chance, since there is still a semi-random outcome. Does that sound crazy?

I mean as long as it's verified by law, they can. Bend, not break. And there are some casino's like in curacao that run a system based on that. It's simple all players deposits with a 95 to 97% random distribution. I'm not saying it's bad; but saying that games are random is kind of the opposite. Pseudo random yes. Because thats more cheaper to go by a checkerboard of payouts and all that rather then having hardware bonking 24/7 spitting out random numbers.

I mean you cant tell me that I exclusively get any game on beserk as a random event. I mean all games i play or touch. Thats just very slim chance. Ill just take the money from that point on, because i learned my lesson from this point on. I'm sure that sooner or later ill kick it back to 9k mark or even more, just makes no sense to push beyond. I will lose it guaranteed in a controlled way.
 
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neon claws

Experienced Member
Joined
Jan 5, 2020
Location
Australia
Does that sound crazy?
Not crazy, but almost certainly incorrect.
The slots are designed to pay <100% and are audited to ensure they are paying out their advertised TRTP.

What you describe (having ANY external factor aside from PRNG contribute to the likelihood of winning) would be unwieldy to implement and ripe for abuse.

What I am saying is there is no reason for "them" to code this behaviour you describe in to the games, it would only be exploited once people worked out the parameters they had encoded.

The bottom line is this: of the thousands of posts like yours describing this gut feeling that the slots are rigged, not a single piece of evidence has ever been put forward to support it.

If they had coded it in so that you start losing based on your W/D ratio then it would be trivial to prove that using basic statistics and probability- and the revelation would rock the gambling industry to it's core.

It is your mind searching for patterns where none exist and deflecting blame for your own actions onto a third party.

Finally; if you truly believe what you are saying, why on earth would you keep playing?

That's all I've got to say on it and I've said it all before.

Take it easy.
 

Halvor

Experienced Member
Joined
Apr 3, 2018
Location
Malta
I don't think there's a single casino or supplier in the industry that will not happily admit there's an house edge, and this should also be blatantly obvious to players. It's a business not a charity.

What you suggest have been covered to death, mainly by Trance but also others. And no it would not be legal, it would in fact be a breach of licensing and no game working like this would be certifiable.

If we look past the legal aspects of it, can you please give me a rational explanation on the following:

1) Why would we as an industry, with a 3-8% edge based on how the games are supposed to work, implement a highly complicated system that would not be compliant, to archive the same edge as we will by probability?

2) How would this even work? Do you think all suppliers in the industry work on a revenue share with each other and we compensate the "unlucky" ones that got caught on the "wrong" side of your deposit or what not patterns?

3) Do you honestly think that every suppliers RGS' are linked with each other to produce some pre-decided sequence of play for each individual casino?
 

SlotMonster

Twitch Streamer - Affiliate
webmeister
Joined
Apr 2, 2007
Location
Belarus
Actually, going by some behaviours in the Twitch chat, whenever a "give away" for a shitty 10euro price commences, you have all and sundry suddenly going for that raffle. I doubt a high roller would be taking part in that!
One of the reasons why I'm always never doing a giveaway. I mean, I can do it sometimes, but only for long time viewers, and you can particiapte by using channel points, which you will not have if you are new.
 

gonzo fonso

Full Member
Joined
Oct 15, 2020
Location
lincolnshire
its not such a big deal losing 14k in a day,me and plenty of others have been there,once you get addicted you turn greedy n its always one more spin,always set them deposit limits its a massive help
 

snorky510238

Chief glockenspiel maker
Joined
Jan 12, 2018
Location
Uk
its not such a big deal losing 14k in a day,me and plenty of others have been there,

Reality check, please.

I think losing 14k in a day irrespective of your wealth, shows you have lost all respect for money and however much you try and deny itYOU DO HAVE A PROBLEM.

14k per day, best part of 100k a week. Over £1,000,000 a year. I don’t care who it is, only the smallest amount of people imaginable could genuinely afford to lost that kind of money.
 

SlotMonster

Twitch Streamer - Affiliate
webmeister
Joined
Apr 2, 2007
Location
Belarus
Reality check, please.

I think losing 14k in a day irrespective of your wealth, shows you have lost all respect for money and however much you try and deny itYOU DO HAVE A PROBLEM.

14k per day, best part of 100k a week. Over £1,000,000 a year. I don’t care who it is, only the smallest amount of people imaginable could genuinely afford to lost that kind of money.
Five years ago, if I lost 14k in one day, I would seriously considering committing a suicide, to be honest. I just got lucky with my bitcoin investment, which I knew was gonna rise in price. But it doesn't negate the fact that it is still huge amount of money. In my country it is like 4 years average salary.
 

Najasaki

Keep It Simple, Stupid.
PABinit
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Aug 24, 2010
Location
Your Happy Place
Reality check, please.

I think losing 14k in a day irrespective of your wealth, shows you have lost all respect for money and however much you try and deny itYOU DO HAVE A PROBLEM.

14k per day, best part of 100k a week. Over £1,000,000 a year. I don’t care who it is, only the smallest amount of people imaginable could genuinely afford to lost that kind of money.

What about reaching a sizeable amount in my withdrawable balance and not thinking of anything that I want to
do with the winnings except for spin the reels? Back in the day, I could imagine what I would spend it on and do it
but now, I go blank and don't have any desire for anything material...

Oh shit.. I might have lost respect for money.
 

snorky510238

Chief glockenspiel maker
Joined
Jan 12, 2018
Location
Uk
Okay, I understand but you have got to analyse the situation a little bit.

I am not preaching, just trying to open up the mind.

Imo, most people gamble because they are addicted to it or enjoy it as a hobby. Those that are addicted can endure awful problems those who can control it will probably not.

The people who are addicted are gambling in the hope of hitting that “high” you get from winning. Those who are not addicted do not rely solely on gambling to hit that “high”. All gamblers are at different levels and there are various requirements of what is needed to reach that “high” dependant on what level you are at.

Most people who gamble through addiction are looking for that life changing win. This is where the problem lies because 99.9% of those will never be that lucky and if they were, they might realise that it didn’t solve anything and consequently loose it again trying to repeat that “high”. Let’s not forget gambling IS a drug.

So from there, the questions are:-

If you have more money than you can spend in a lifetime, why are you gambling? There are hundreds of really enjoyable things you could do with that money rather than sit playing slots all day so this would suggest that there is a problem and you need that “high”. The problem is if you already have enough wealth how can any win satisfy the need?

Then you have to look at what happened. You lost 14k and it hurt you, otherwise you would not have created the thread. Even though you seemed aware that the session was spiralling towards a bad outcome, you couldn’t say okay I am 3k down, enough is enough. You displayed the traits of a compulsive gambler by carrying on until it hurt you.

You then said that you felt the session was unfair and didn’t feel “random” or normal and you would take a two week break and then reassess the situation. Yet within a few days you are back playing so the question here is why? You have more money than you need and you know it could happen again but you choose to continue playing.

Time is a great healer with gambling. At the moment of reality you cannot believe what happened and you swear that you will never do that again but even then a small part of your mind knows it’s only a matter of time before the process repeats.

I have a lot of experience so I am not just making this post for the sake of it. I am a compulsive gambler and at my age there’s not much you can tell me or get past me when it comes to gambling.

Fortunately after 40 years of desperation and despair, I am still here to tell the tales and I have learnt to control my gambling. I am one of the very few compulsive gamblers that achieve this but I am not proud of it and it took 40 years of lies and deceit, that I have to live with and it’s a bad scar. Hurting people that love you and that you love is a terrible guilt to carry.

I watched your video and I could see in you, that the session in question had hurt you deeply, virtually to the point of breaking. You may say otherwise but not much gets past me.

You seem like a really decent person to me and I like to think I am a reasonably good judge. The problem is with gamblers is that nothing anybody says or does will change anything but I thought it was worth a try.

The bottom line is you are the only one that can change things. If I was you I would take some advice onboard and think long and hard about it. Do you really want to be sitting there in 5-10 years time with nothing? Knowing that you had more money than you could ever need but now it’s gone, never to return.

Like I said, I am not trying to lecture you here, just trying to perhaps take off the blinkers. After all this, ask yourself one last question. If you have so much money and gambling is just fun then why don’t you play for 20p or equivalent? Your still gambling and you will still win and lose.

I think we both know the answer and it is because winning €50 will not satisfy the need. To become significant you need to be winning €20,000 and there my friend lies the problem.

P.S. Sorry for the long post but if it helps just one person to realise they have a problem and do something about it then it was worth making. It is aimed at anyone that may be in this situation, I hope you don’t mind me using your expertise as an example.

Take care.
:thumbsup:
 
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