Privacy settings

We use a number of cookies on our website. Some are essential, while others help us improve our portal for you.

Privacy settings

Here is an overview of all the cookies we use. You can choose to accept whole categories or view more information and select only certain cookies.

Essential (6)

Essential cookies enable basic functions and are necessary for the website to function properly.

Statistics (3)

Statistics cookies collect information anonymously. This information helps us to understand how our visitors use our website.
If the statistics cookies are subsequently deselected, they will remain on the computer until the expiry date. However, they are neither updated nor evaluated.

Online Casinos in general: Is there evidence of fraud in online casinos? (Page 31)

Topic created on 01st Jun. 2018 | Page: 31 of 58 | Answers: 573 | Views: 153,053
b****a

Is there evidence of fraud in online casinos?

29th Jul. 2020, at 11:47 pm CEST#314
0 Likes

Nobody has liked this post so far
vomvom12 wrote on 07/29/2020 at 17:25

oh thank you blackmamba an excellent example of a successful company

which already earns a lot of money but still pulls off such a century long scam for the simple reason
for the simple reason that it is too greedy for money and wants to skim even more.

to the question why the providers do not offer their products exclusively in their own casinos
but simply rents them out.
the answer is obvious...first of all the providers pass on the Risk of bankruptcy to the online casino operators
online casino operators. the second reason is surely that with a distribution of the games to thousands of
online casinos a volume can be achieved to which the providers alone would never be able.
in other words, profit maximization without major risks.


Profit optimization is a goal of every company, and has nothing to do with VW in particular. Everyone would like to

have more. If your boss asked you if you would rather earn 5 or 10,000€, the answer would be clear.

We have more or less established that it is not just randomly based, and the risk is therefore manageable.
So there is probably something else behind it.

@killabees

That you are completely stored, your play behavior is completely evaluated, and is adapted, is I think no large
big secret. This makes a software within milliseconds, and the casino knows whether you usually your money again
gambles away, or whether you pay out directly. Accordingly, you could possibly counteract
In addition, your data is not uninteresting....

This post has been translated automatically

Falko
Icon

Is there evidence of fraud in online casinos?

29th Jul. 2020, at 11:56 pm CEST#315
1 Like

Liked this post: Anonym
blackmamba wrote on 07/29/2020 at 23:47
the casino knows if you will gamble your money away again
gamble away, or if you cash out directly.

And do you think that the casinos among themselves and the providers can also see it, what the player has deposited and paid out in total in all the casinos where he has played so his difference plus or minus depending?

This post has been translated automatically

v****2

Is there evidence of fraud in online casinos?

30th Jul. 2020, at 12:31 am CEST#316
0 Likes

Nobody has liked this post so far

blackmamba wrote on 07/29/2020 at 11:47 pm

We have more or less established that it is not just random, and the Risk is therefore manageable.
So there will probably be something else behind it.


blackmamba you did not understand what i wrote.
the mentioned risk was not about going bankrupt because of
you have to pay out too many wins the Provider takes care of that
that it does not come to that. at an online casino, just like at any other
other company, there are still other risks to go bankrupt.
do not want the people your podukt...with other words it creates the casino
not enough players to acquire, there are many reasons,
it goes bankrupt as simple as that

This post has been translated automatically

b****a

Is there evidence of fraud in online casinos?

30th Jul. 2020, at 01:55 am CEST#317
0 Likes

Nobody has liked this post so far
Falko wrote on 29.07.2020 at 23:56
And do you think that the casinos among themselves and the providers can also see it, what the player has deposited and paid out in total in all the casinos where he has played so his difference plus or minus depending ?

If Germany sets this up as planned, then there is also a common interface in which everything can be seen

is stored. If you are only allowed to Deposit 1000 per month, your deposits and your wins have to be
have to be offset against each other. So you know quite a lot. And that officially. Seems to be technically no witchcraft.

Casinos are all in the same industry. Cartels are not uncommon. So if the casinos join forces
and exchange such data with each other, or there is an interface, similar to Schufa, each casino would benefit
benefit from it. It would also be nothing unusual, since industries often join forces for e.g. forbidden price fixing.
This ensures that everyone gets a piece of the pie, and the Risk of bankruptcy is low.

In the casino this would be nonsense, since price agreements
Would be nonsense, but such data would be interesting. Germany is planning to do this, so it would not be such a
Problem
I personally think so, yes.

And with your data it is not done. Why is your data not stored centrally at the MGA for
e.g. verifications. Once done, you can play in all casinos with MGA license, and pay out directly.
But then a lot of money goes down the drain, because funds are paid out directly, and the stalling tactics no longer work,
where players gamble it all away again. Casinos lose money, so bad

@vomvom12

yes, I have. But I don't have the number in my head now of how many casinos have gone broke. Rather they close down, and
under a new name or a casino group again. I would not know now, which casino has really gone bankrupt,
but I don't want to deny it. And I don't mean going bankrupt for tactical reasons.

And even the worst casinos have been around for a long time. You don't know if gamblers are their main source of income, or if other things
or whether other things finance the casino.

This post has been translated automatically

Anonym

Is there evidence of fraud in online casinos?

30th Jul. 2020, at 02:01 am CEST#318
0 Likes

Nobody has liked this post so far
I am absolutely sure that the providers, i.e. the providers of the slots, ensure that players are always in the red. And that with the win at the beginning in a casino after new registration, I can unfortunately not confirm. In some casinos you already lose from the beginning until the lock in frustration of losses. It could rather be that if you are a completely fresh player and has never played in an online casino at the beginning wins to attract players. Means it could be that providers with a new ID the players first let win beautifully. And then you are constantly in the 4% minus range. So the providers or providers wait until the players are again in the loss area. And at some point when the player loses 2000€ after 1000€ win, the Provider pays 900 or more again. But that would mean that we stupid players can not completely compensate the losses by a big win. Because the player is most likely in the 4% minus range every month. That means a player who has lost 10000€ at Netend will get back at the end of the year maybe only 52% of his bets and thus be extremely in the red. I guess that the 4% is calculated month by month. So every month only 96% Rtp and thus the player can not compensate his losses because the player is constantly in the minus area. Month after month by 4%

This post has been translated automatically

Anonym

Is there evidence of fraud in online casinos?

30th Jul. 2020, at 02:08 am CEST#319
0 Likes

Nobody has liked this post so far
And players who act as if you can only win in Online Casinos should show me their losses and wins. Because the way it is going at the moment in online casinos, it is impossible to stay constantly in the plus area. It has nothing to do with luck but with greed of the online casinos and their slot providers. You can never be permanently in an online casino in the plus area unless you are Streamer who work for online casinos

This post has been translated automatically

Anonym

Is there evidence of fraud in online casinos?

30th Jul. 2020, at 02:15 am CEST#320
0 Likes

Nobody has liked this post so far
But another theory would be there are too many Online Casinos and the too few players distributed among the respective online casinos and thus the wins are extremely limited. That would be my second theory and also very plausible. Because 8 years ago one has öffter won in online casinos

This post has been translated automatically

Falko
Icon

Is there evidence of fraud in online casinos?

30th Jul. 2020, at 02:33 am CEST#321
0 Likes

Nobody has liked this post so far
blackmamba wrote on 30.07.2020 at 01:55
If Germany sets this up as planned, then there will also be a common interface where everything can be

is stored. If you are only allowed to Deposit 1000 per month, yes your deposits and your wins have to be
have to be offset against each other. So you know quite a lot. And that officially. Seems to be technically no witchcraft.

What I have now copied from your text out here, that sounds very conclusive and supports this thesis. I have not even thought of it, clear if Germany puts the new gambling treaty in force then that is of course very possible. You're right, otherwise you could not implement this 1000 euro rule per month. And if something like that is possible, then that should not be the problem now that you can check the players exactly what money went into the casinos completely in and out.

This post has been translated automatically

Anonym

Is there evidence of fraud in online casinos?

30th Jul. 2020, at 12:56 pm CEST#322
1 Like

Liked this post: Anonym
Arab201 wrote on 30.07.2020 at 02:08: Because the way things are going in Online Casinos right now, it's impossible to stay in the plus range all the time.

If it runs normally and you play a lot and regularly, you can't be in the plus permanently. It is mathematically impossible

This post has been translated automatically

Anonym

Is there evidence of fraud in online casinos?

30th Jul. 2020, at 12:58 pm CEST#323
0 Likes

Nobody has liked this post so far
Falko wrote on 30.07.2020 at 02:33
What I have now copied from your text out here, that sounds very conclusive and supports this thesis. I have not even thought of it, clear if Germany puts the new gambling treaty in force then that is of course very possible. You're right, otherwise you could not implement this 1000 euro rule per month. And if something like that is possible, then that should not be the problem now that you can check the players exactly what money went into the casinos completely in and out.

Why does something have to be offset? You may Deposit 1,000 euros per month. Whether you pay out 0, 1,000 or 10,000 per month is irrelevant.

This post has been translated automatically

Hot Topics22nd Nov. 2024 at 11:14 am CET

Offline Casinos
0
Casino Games
0
Offline Casinos
0

GambleJoe Team

Profile picture of JulianJulian online
Community-Manager / Complaint SpecialistProfile picture of CounterCounter
Software developerProfile picture of MatthiasMatthias
Project manager
Profile picture of DanielDaniel
Founder

Community Forum-Moderators

Members who assist the GJ team in moderating the forum.
Profile picture of AndreAndre
Profile picture of gamble1gamble1
Profile picture of Langhans_innenLanghans_innen
Profile picture of SaphiraSaphira
GambleJoe is aimed exclusively at user whose allowed to play legally with his current location in online casinos and does not violate the current law.
It is the responsibility of the user to inform himself about the current legal situation. Gambling is prohibited for children and adolescents under the age of 18.
GambleJoe is a registered trademark with the EUIPO of GJ International Ltd.
© 2012-2024 GambleJoe.com
✕

Forgotten your password?

Create a new password here

  • 1. Fill in the 3 fields carefully and click on the green button
  • 2. Check your email inbox for a message from GambleJoe
  • 3. Click on the confirmation link in the email and your new password will be active immediately