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November 5, 2009 -
Here's something I don't understand (what else is new,
right?). Why is it that people who are accustomed to
gambling at land-based casinos, have so much distrust toward
online casinos. I mean, even the one's who actually gamble
online still have reservations about doing so, and often end
up going back to playing land-based casinos simply because they
actually think they're getting better odds. But then again,
it's probably the free drinks.
The reason I know this is because the
casino complaints department here at Online Casino Suite
receives an email
from a player every now and again about getting duped by
an online casino - all because of unfair odds programmed
into the software platform. Of course, this is an area
we take very seriously and look into all complaints,
especially when there are accusations of being scammed.
Now, I don't handle these complaints myself (that's for
the PR people who know how to talk without yelling), but
I can say that from what I've read, many of these
complaints are unfounded, and essentially come down to
the player not understanding how odds work.
Here's a couple of examples. One guy sends an email in
saying that the software of an online casino he was
playing (a reputable one at that) was rigged because the
dealer was getting more Blackjack's than he was. He went
on to say that when he increased his stakes, he would
also see an increase in losing hands. Another lady took the
time to lay out all sorts of math calculations showing
that her payout percentage on a couple of hours of slot
machine action was statistically lower than it should
be. Both players then went on to say they would only
stick to gambling at the brick 'n mortar casino
henceforth.
Don't get me wrong. I'm all for the players. But just
because you're on a losing streak and the dealer gets a
winning streak, does not mean the online casino is
rigged. Nor does it mean that you are getting cheated
just because the payout percentage on your
particular gambling session is much lower than the
online casinos average monthly payout. It means that
there are variations, ups and downs if you will, in
calculating expected return. Furthermore, expected
return is over the course of thousands of hands. One
player might get a 20% payout on the slots, while
another will receive a 200% payout. In the end, it all averages out.
And it's the lucky players - yes, even at strategy-based
games too - who benefit the most.
Furthermore, it's no different than the land-based
gambling realm. In fact, it's just the opposite. If you
stick to playing at the
best online casinos (licensed, regulated, proven
track record, etc.) you are going to get better odds
than a brick 'n mortar casino. How so? Well, if you do
indeed play at online casinos that receive monthly,
independent payout audits, you can see the numbers for
yourself. I am certainly not
denying that cheating scandals don't happen in the
online gambling world. But you know what? They happen in
the land-based world too. Let me count the ways. Oh ya,
the incident which partly inspired me to write this blog
post in the first place:
A gambler at the Seminole Hard Rock Casino in Tampa,
Florida, recently hit a $166 million jackpot playing
slots. However, the casino was quick to step in and deny
the jackpot on the grounds there was a computer glitch.
It wasn't until the player brought his story to the
local news (which made national headlines) that the
casino was just as quick to come to an undisclosed
settlement with the player. Looking at the statement
made by the casino, the amount was very likely no more
than $99,000, considering the casino's defense that the
max jackpot on the game was no greater than that. But
that's not accounting progressive jackpot sums, and the
whole thing just smells like a big cover up.
Oh, and this isn't the first time Seminole Hard Rock
Casino has done this. Just a few years back, another
player hit a big jackpot - something like over $250,000
- which the casino would not honor because of a
"malfunction". But once again, when the player brought
his story public (probably at the cost of death
threats), the casino decided to award the jackpot in
full.
Need I say more.
Originally published:
November, 2009 | Categories:
Gambling
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