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Title: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: acarli on December 14, 2019, 08:36:02 PM CAUTION: I am not telling you to do this. I wanted to share an inside perspective on what Betbit.com considers a "dangerous" player and why.
As many know I represent Betbit.com. Recently we have a fearless player from this forum that logs in and wins 200mBTC on a 100mBTC deposit in less than 15 minutes on many occasions. The reason why I am posting is to congratulate him (will not be named) and tell the community a little secret about what brands consider dangerous players. The players who make admins nervous are those who bet large amounts in short periods of time. It's actually more specific than that. Here's a real-world example that is recent. A player has recently deposited 100mBTC. He plays classic live crypto casino (https://www.wagerx.com) (Shameless link insert ). He originally plays with 25mBTC per hand. He doubles down on subsequent bets. First 25, then 50, then 100. He can go higher, but he withdrawals after around 200mBTC. Bitcoin casinos can get in trouble because the deposits and withdrawals are fast without interference from a human cashier. instant. These players come like Barracudas sttacking prey and leaving quickly having feasted. Let's go over real quickly why. In small data-sets, there is more statistical variance. More opportunity to go against the theoretic odds. In classic blackjack, playing Basic Strategy, the odds are about 99.4%. The more hands you play, the closer you are going to get to 99.4%. This player defies the odds of small sample sizes. Don't get me wrong. The player can and does lose on occasion. You can lose everything really fast as well. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: nakamura12 on December 14, 2019, 08:58:03 PM All I can say to that player is well played. That player did decide very well when that player won 200 mbtc then the player withdraw the winnings to avoid losing the profit. I know betbit may think that it's a dangerous player and yes it may cause problem to betbit about stored funds.
Yes, this is a gambling related topic but this topic should be moved to Gambling discussion (https://bitcointalk.org/index.php?board=228.0). Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: acarli on December 14, 2019, 09:07:23 PM .... Yes, this is a gambling related topic but this topic should be moved to Gambling discussion (https://bitcointalk.org/index.php?board=228.0). Yes, you are right about that. I missed it. I just sent a request to Cyrus (mod) to move it. Cheers! Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: yahoo62278 on December 14, 2019, 09:35:39 PM .... Yes, this is a gambling related topic but this topic should be moved to Gambling discussion (https://bitcointalk.org/index.php?board=228.0). Yes, you are right about that. I missed it. I just sent a request to Cyrus (mod) to move it. Cheers! Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: acarli on December 14, 2019, 09:41:27 PM Why not move it yourself? Bottom left hand side click move topic and pick the appropriate section. Yup, you are right. i didn't see that. Moved to discussion forum. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: pixie85 on December 14, 2019, 10:21:25 PM How many of these bold players actually win? I don't think they're more dangerous because the numbers stay the same. A player staking 100 mbtc has exactly the same odds as one that plays with just 10mbtc. The 100 guy takes a bigger risk and gets a bigger reward. Your casino rake is also bigger.
You as a casino owner also take a risk and the risk is bigger if you allow people to play high stakes. A millionaire can come and break the bank in one go if you don't set limits. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: romero121 on December 15, 2019, 01:58:28 AM How many of these bold players actually win? I don't think they're more dangerous because the numbers stay the same. A player staking 100 mbtc has exactly the same odds as one that plays with just 10mbtc. The 100 guy takes a bigger risk and gets a bigger reward. Your casino rake is also bigger. More than the casino owners, the players are the one who risk big. This is all because of the assured edge that every casinos have got. More the risk more will be the earning as well as the losing. Yes, every casino has got the limit without which casinos can go bankrupt in a single roll.You as a casino owner also take a risk and the risk is bigger if you allow people to play high stakes. A millionaire can come and break the bank in one go if you don't set limits. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Wexnident on December 15, 2019, 02:51:31 AM Well, A bold player is considered one cause they have no care for the possible repercussions for their continuous bids. This opens up a lot of paths for them since they basically aim for the win only. That, or they are just bloody crazy lmao.
Sides, the player is a lone guy, one guy. Even if he hits a jackpot, casinos literally have millions of players. They'd still be making profit out of it. Except when the player hits jackpot like 10 - 15 times on the highest stakes, but ofc, that only happens theoretically. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: ralle14 on December 15, 2019, 03:06:31 AM How many of these bold players actually win? I don't think they're more dangerous because the numbers stay the same. A player staking 100 mbtc has exactly the same odds as one that plays with just 10mbtc. The 100 guy takes a bigger risk and gets a bigger reward. Your casino rake is also bigger. The numbers should even out but imo they're still dangerous in a way that the player can quickly walk away with a win from doing the same strategy.Sides, the player is a lone guy, one guy. Even if he hits a jackpot, casinos literally have millions of players. They'd still be making profit out of it. Except when the player hits jackpot like 10 - 15 times on the highest stakes, but ofc, that only happens theoretically. Not all casinos have millions of players but a lot of them have enough players where they can still profit. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: YOSHIE on December 15, 2019, 03:47:38 AM There is something interesting to see about casino live blackjack gambling, they complain a lot in betting and they say something about live blackjack is a scam.
Netent common live blackjack...scam? (https://www.casinomeister.com/forums/threads/netent-common-live-blackjack-scam.79822/) I had crossed my mind how many days passed I wanted to place myself as a participant in live blackjack casino, after seeing this my mind changed and I also followed the chat on Netent common live blackjack...scam? (https://www.casinomeister.com/forums/threads/netent-common-live-blackjack-scam.79822/) My suspicions are getting stronger, I cancel it. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: JohnBitCo on December 15, 2019, 03:55:10 AM What story teller wanted to say? OP meant that if you are a fearless gambler, your chances of winning are higher as opposed to a person who do not take big risk in gambling. Although I somewhat agree that you should have appositive mode when you play gambling and should have belief in yourself that you will win but again sometimes the luck even do not help the brave too. It will also make you lose big if you take more risky moves. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: pakhitheboss on December 15, 2019, 03:57:01 AM It's his/her money, let him bet as the way that Individuals want.
You cannot control someone's betting style by posting here and giving it a term. Will that stop us or others! I doubt that. It is dangerous for your website and not for that individual as he/she knows they might lose everything. Thanks but no thanks for this incredible post. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Ucy on December 15, 2019, 08:35:05 AM What story teller wanted to say? OP meant that if you are a fearless gambler, your chances of winning are higher as opposed to a person who do not take big risk in gambling. Although I somewhat agree that you should have appositive mode when you play gambling and should have belief in yourself that you will win but again sometimes the luck even do not help the brave too. It will also make you lose big if you take more risky moves. I smiled as soon as I understood what Op is trying to say. I guess the casino owners are scared/suspicious of brave bettors who take risk with high bet. I thought they want big bets, never knew some are scared of them. Or they are probably terrified of the "bravery" or "believe" lol. Interesting irony. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Darker45 on December 15, 2019, 09:23:58 AM What story teller wanted to say? OP meant that if you are a fearless gambler, your chances of winning are higher as opposed to a person who do not take big risk in gambling. Although I somewhat agree that you should have appositive mode when you play gambling and should have belief in yourself that you will win but again sometimes the luck even do not help the brave too. It will also make you lose big if you take more risky moves. I smiled as soon as I understood what Op is trying to say. I guess the casino owners are scared/suspicious of brave bettors who take risk with high bet. I thought they want big bets, never knew some are scared of them. Or they are probably terrified of the "bravery" or "believe" lol. Interesting irony. Casinos are not really "scared/suspicious of brave bettors who take risk with high bet". They want this kind of brave or high-risk takers. In fact casinos would extend additional treatment to high rollers. In casinos, big time gamblers are well-loved and even labelled as VIP. There will be perks given to them that ordinary gamblers cannot enjoy. What they probably hate are those who hit, and hit hard, and then run afterwards. Casinos love brave and high rollers for as long as they stay. The longer they stay, the higher the probability that they will lose. If they win but continue to stay brave and risky in betting, the casinos will always have the last laugh. And so they don't care much when these gamblers win; they know these gamblers will lose eventually. What casinos hate are these: These players come like Barracudas sttacking prey and leaving quickly having feasted. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: crwth on December 15, 2019, 09:52:31 AM So he is dangerous on the fact that he might get successful bets and get massive amounts of money in the bankroll? Isn't that also a gamble by the casino itself? We all know that in every aspect of life, especially business, there are risks that you have to take, and the casino is risking that part of their business in exchange for the possible players' ability to win.
Thanks for sharing this info, I think this would be ideal for casino owners. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: jakelyson on December 15, 2019, 10:12:53 AM As the saying goes, "Fortune favors the bold."
But really? How can the house be afraid of the bold? They have house edge on their favor. The one taking the risk here is the gambler. He can easily lose it all in a 3-4 losing streak. This is just propaganda to make you deposit and bet large amounts. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: kryptqnick on December 15, 2019, 12:20:14 PM Of course, bold people are dangerous in gambling, I agree with that. If a person is putting a lot of money fast into the game, this person can lose a lot, but this person can win a lot as well, which makes it a high risk for a casino. Setting a reasonable maximum bet can solve the issue, but not always, since always betting a maximum bet is also bold. I wanted to add that these people are also annoying in player vs player games. When I played poker online, I hated it when people were raising the bet all the time since the very beginning! I could not handle the stress of playing against such people and often folded unless I had really good cards. I'm bad at poker, that's true, but I also think that such people might frighten a lot of players and in a way gain advantage over them. But this strategy is risky to both others and the gambler that uses it, since if someone stays strong against such moves or the odds don't go in one's favor, it's gonna be a very big loss.
Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: robelneo on December 15, 2019, 02:17:48 PM He might be bold but he should also be wise on when to stop and when to continue, I have seen players like that who bet big amount just to chase the winning roll, but this kind of people although bold are sometimes reckless and put more funds in the hope of betting more thinking that he can beat the house not only once, or twice but continuously and this is where the problem comes.
Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: darkangel11 on December 15, 2019, 04:10:34 PM How many of these bold players actually win? I don't think they're more dangerous because the numbers stay the same. A player staking 100 mbtc has exactly the same odds as one that plays with just 10mbtc. The 100 guy takes a bigger risk and gets a bigger reward. Your casino rake is also bigger. The numbers should even out but imo they're still dangerous in a way that the player can quickly walk away with a win from doing the same strategy.If it is so, then what's stopping you or anybody else from doing the same thing? Playing high stakes for a round or 2 and walking away the moment you win? Saying that bold players fare better than others or that they're dangerous to casinos is more of a joke or maybe an attempt to make people try this strategy. You play slow you lose slow you play fast you lose fast, you cannot cheat math. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Mahanton on December 15, 2019, 04:25:31 PM Could i consider myself bold if i do able to have 100% profit on 1-2 seconds on making my 100mbtc to 200mbtc? ;D
Yeah,we are talking blackjack on here and youre just telling samples of basic way of betting and its not a rare thing. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Jating on December 15, 2019, 05:45:27 PM Of course, that player is living what every gambler wanted to be, take the bold risk or go home.
But I think casino operators are all aware of this and I wouldn't say that they are afraid, because sooner or later someone will come back again, play that same pattern and loss. And that is why max bet are put into place, to at least stop whales from running out casinos bankroll. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: imstillthebest on December 17, 2019, 03:56:42 PM Of course, that player is living what every gambler wanted to be, take the bold risk or go home. But I think casino operators are all aware of this and I wouldn't say that they are afraid, because sooner or later someone will come back again, play that same pattern and loss. And that is why max bet are put into place, to at least stop whales from running out casinos bankroll. but they can just bet small if not max bet or bet any other currency to continue playing and winning if ever they can and i see that other whale gamblers create a new account so that they can continue smashing the gambling site but owners are i think aware with these tactics but you are still right that not all are going to be the winner . from 3 out of 10 i think the 3 are only the winners but the rest 7 are loosers so owners still continues to profit . this is why they are brave to face dangerous players . Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Ucy on December 17, 2019, 04:30:57 PM He might be bold but he should also be wise on when to stop and when to continue, I have seen players like that who bet big amount just to chase the winning roll, but this kind of people although bold are sometimes reckless and put more funds in the hope of betting more thinking that he can beat the house not only once, or twice but continuously and this is where the problem comes. Maybe the player is trying to expand or scale up his/her strategy. A good player will probably try to experiment with some strategies that work sometimes on larger scale. Example: he plays a strategy called Paroli (found here: https://bitcointalk.org/index.php?topic=5206782.0) for four days, to win some days and lose some days in hopes of winning more days and making profits? Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: fortunecrypto on December 17, 2019, 04:35:00 PM What story teller wanted to say? OP meant that if you are a fearless gambler, your chances of winning are higher as opposed to a person who do not take big risk in gambling. Although I somewhat agree that you should have appositive mode when you play gambling and should have belief in yourself that you will win but again sometimes the luck even do not help the brave too. It will also make you lose big if you take more risky moves. Being bold doesn't guaranty you a win, you still have to take a chance, even if you take the game in a calculated way, the chances are still there that you are going to lose, but big bettors can always extend their bet until they reach the win that they want, one of the cases is the martingale method, where doubling your bet for every lost as long as you have funds or can add. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Eclipse26 on December 17, 2019, 04:55:22 PM It isn't just about being bold. Actually being bold in gambling is good but that's not enough. You also have to be analytical. What's the sense of confidence in betting big amount of money if you don't think carefully and you don't analyze things before betting. Sometimes too much confidence isn't good. You can earn big time but with higher risk of losing your money big time. And why would casinos be afraid of this kind of gamblers when they the edge over the gambler?
Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: joshy23 on December 17, 2019, 05:03:35 PM Of course, that player is living what every gambler wanted to be, take the bold risk or go home. I agree to that, as whales can easily play and sucked the house bankroll if they won't put any limitations. Those big fat whales who can easily bets high rolls and continue doubling then after winning will simply go and bring all the winnings. But I think casino operators are all aware of this and I wouldn't say that they are afraid, because sooner or later someone will come back again, play that same pattern and loss. And that is why max bet are put into place, to at least stop whales from running out casinos bankroll. Take the risk but use your resources to increase your chances to win over the house. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: btc_angela on December 18, 2019, 11:10:10 AM It isn't just about being bold. Actually being bold in gambling is good but that's not enough. You also have to be analytical. What's the sense of confidence in betting big amount of money if you don't think carefully and you don't analyze things before betting. Sometimes too much confidence isn't good. You can earn big time but with higher risk of losing your money big time. And why would casinos be afraid of this kind of gamblers when they the edge over the gambler? Gamblers mindset is different though, they don't used logic here, they just wanted to win that's all. As for being bold, I'm just surprised though that some insider like the OP has admitted that they're afraid of this kind of players? Correct me if I'm wrong here. I guess it's fairly to assume that online casino's themselves can be call barracuda as well? Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: coin-investor on December 18, 2019, 01:15:10 PM CAUTION: I am not telling you to do this. I wanted to share an inside perspective on what Betbit.com considers a "dangerous" player and why. As many know I represent Betbit.com. Recently we have a fearless player from this forum that logs in and wins 200mBTC on a 100mBTC deposit in less than 15 minutes on many occasions. The reason why I am posting is to congratulate him (will not be named) and tell the community a little secret about what brands consider dangerous players. The players who make admins nervous are those who bet large amounts in short periods of time. It's actually more specific than that. Here's a real-world example that is recent. A player has recently deposited 100mBTC. He plays classic live dealer blackjack (https://www.betbit.com/live-blackjack) (Shameless link insert ). He originally plays with 25mBTC per hand. He doubles down on subsequent bets. First 25, then 50, then 100. He can go higher, but he withdrawals after around 200mBTC. Bitcoin casinos can get in trouble because the deposits and withdrawals are fast without interference from a human cashier. instant. These players come like Barracudas sttacking prey and leaving quickly having feasted. Let's go over real quickly why. In small data-sets, there is more statistical variance. More opportunity to go against the theoretic odds. In classic blackjack, playing Basic Strategy, the odds are about 99.4%. The more hands you play, the closer you are going to get to 99.4%. This player defies the odds of small sample sizes. Don't get me wrong. The player can and does lose on occasion. You can lose everything really fast as well. We can consider this kind of player as a veteran who has played hundreds of times before and have established a calculated method of betting in this manner, those who play for fun I doubt will do that, but whoever he is I'm pretty sure he is a certified gambler who knows his game very well. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: GSpgh on December 18, 2019, 02:05:05 PM Let's go over real quickly why. In small data-sets, there is more statistical variance. More opportunity to go against the theoretic odds. In classic blackjack, playing Basic Strategy, the odds are about 99.4%. The more hands you play, the closer you are going to get to 99.4%. This player defies the odds of small sample sizes. That's not how probabilities work. The chance to win or lose any individual game is the same regardless of sample size. Casino's sample size is large enough anyways so even accepting your premise they still don't have anything to worry about. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: swogerino on December 18, 2019, 02:33:17 PM Fortune not always favors the bold and this is especially true in gambling.I don’t get what you want to say with this thread and why is he a dangerous player for your company,because he won sometimes,we all know in the long run the house edge cannot be beaten.He will lose I am sure of it if he continues to play in the same style.Luck cannot be forever by one side.
Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: dothebeats on December 18, 2019, 02:37:19 PM These same people are sometimes just feeling lucky and trying out all their luck with the spare money they have. They can easily lose that money without hesitations nor regrets that's why they do it swift. They know what they came for, and when they got it, they leave, and that IMO is a rare gambler who has a strict discipline code which a huge portion of the gamblers are lacking.
On dice sites, this always happens though established platforms consider these players as welcome guests and not actually a dangerous entity. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Webetcoins on December 18, 2019, 03:21:13 PM What story teller wanted to say? OP meant that if you are a fearless gambler, your chances of winning are higher as opposed to a person who do not take big risk in gambling. Although I somewhat agree that you should have appositive mode when you play gambling and should have belief in yourself that you will win but again sometimes the luck even do not help the brave too. It will also make you lose big if you take more risky moves. Being bold doesn't guaranty you a win, you still have to take a chance, even if you take the game in a calculated way, the chances are still there that you are going to lose, but big bettors can always extend their bet until they reach the win that they want, one of the cases is the martingale method, where doubling your bet for every lost as long as you have funds or can add. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Triffin on December 18, 2019, 04:57:22 PM CAUTION: I am not telling you to do this. I wanted to share an inside perspective on what Betbit.com considers a "dangerous" player and why. As many know I represent Betbit.com. Recently we have a fearless player from this forum that logs in and wins 200mBTC on a 100mBTC deposit in less than 15 minutes on many occasions. The reason why I am posting is to congratulate him (will not be named) and tell the community a little secret about what brands consider dangerous players. The players who make admins nervous are those who bet large amounts in short periods of time. It's actually more specific than that. Here's a real-world example that is recent. A player has recently deposited 100mBTC. He plays classic live dealer blackjack (https://www.betbit.com/live-blackjack) (Shameless link insert ). He originally plays with 25mBTC per hand. He doubles down on subsequent bets. First 25, then 50, then 100. He can go higher, but he withdrawals after around 200mBTC. Bitcoin casinos can get in trouble because the deposits and withdrawals are fast without interference from a human cashier. instant. These players come like Barracudas sttacking prey and leaving quickly having feasted. Let's go over real quickly why. In small data-sets, there is more statistical variance. More opportunity to go against the theoretic odds. In classic blackjack, playing Basic Strategy, the odds are about 99.4%. The more hands you play, the closer you are going to get to 99.4%. This player defies the odds of small sample sizes. Don't get me wrong. The player can and does lose on occasion. You can lose everything really fast as well. We can consider this kind of player as a veteran who has played hundreds of times before and have established a calculated method of betting in this manner, those who play for fun I doubt will do that, but whoever he is I'm pretty sure he is a certified gambler who knows his game very well. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Debonaire217 on December 18, 2019, 05:10:39 PM If it is so, then what's stopping you or anybody else from doing the same thing? Playing high stakes for a round or 2 and walking away the moment you win? Saying that bold players fare better than others or that they're dangerous to casinos is more of a joke or maybe an attempt to make people try this strategy. You play slow you lose slow you play fast you lose fast, you cannot cheat math. It is already a winning move if you can't get affected of the loss you have while playing in gambling sites, most of the time, who we can considered to be bold are the person that isn't learning at all, if you already win, then just be humble and keep your money. The moment you return to the gambling platform in a reason that you still want to incrrease your funds is one of the most common mistakes we do in our school. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Heisenberg_Hunter on December 18, 2019, 06:45:50 PM If the person tends to continuously win over occasions even during a higher multiple bet, then the problem should be with the code of the gambling website or probably the gambler should have a favorable luck always. Experienced gamblers tend to lose money during multiple and repeated bets and the losing of huge bets always favors the gambling company. On the other hand, if the gambler invests his complete winnings in the gambling game regularly after a winning streak there are higher chances at one point of time the bets will favor the company and subsequently the gambler loses all his money.
Some of them tend to be satisfied with what they have won and would leave with that minimal amount before they lose further in future games. I am always against of investing huge winning bets again in the gambling, rather I would suggest to invest what I can afford to lose and have the rest withdrawn over time. At the same time, winning some games are based on strategies which might help the gambler as well in winning up their bets. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: EliteCrash on December 18, 2019, 06:48:46 PM Well I would assume so considering long term the casino would always win, so players would try to get up in the short term. Like a player going in a casino and betting $10k on one roulette spin and leaving. Instead of a player coming in with $10k and doing $100 bets.
Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: vintages on December 18, 2019, 08:48:52 PM So it's more like casinos owners expect the player to lose.
This sum up the simple fact that some casinos owners don't want players cashing out. The player might be well talented and mastered his game well before playing. Moreover, I think before conclusion is given, the player should try planning two to three games at a stretch and see if he wins. That day he won might be one of his lucky days. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Harvin on December 18, 2019, 09:01:33 PM I think the most important thing is that he withdraws after he makes a certain amount. I would think a decent% of gamblers who play that risky would just keep going. I'm sure for casinos or books with large bankrolls this shouldn't be a worry because if he comes back and does these risky sessions he is still playing more hands at a lesser rate of winning.
Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: AliMan on December 18, 2019, 10:36:33 PM CAUTION: I am not telling you to do this. I wanted to share an inside perspective on what Betbit.com considers a "dangerous" player and why. As many know I represent Betbit.com. Recently we have a fearless player from this forum that logs in and wins 200mBTC on a 100mBTC deposit in less than 15 minutes on many occasions. The reason why I am posting is to congratulate him (will not be named) and tell the community a little secret about what brands consider dangerous players. The players who make admins nervous are those who bet large amounts in short periods of time. It's actually more specific than that. Here's a real-world example that is recent. A player has recently deposited 100mBTC. He plays classic live dealer blackjack (https://www.betbit.com/live-blackjack) (Shameless link insert ). He originally plays with 25mBTC per hand. He doubles down on subsequent bets. First 25, then 50, then 100. He can go higher, but he withdrawals after around 200mBTC. Bitcoin casinos can get in trouble because the deposits and withdrawals are fast without interference from a human cashier. instant. These players come like Barracudas sttacking prey and leaving quickly having feasted. Let's go over real quickly why. In small data-sets, there is more statistical variance. More opportunity to go against the theoretic odds. In classic blackjack, playing Basic Strategy, the odds are about 99.4%. The more hands you play, the closer you are going to get to 99.4%. This player defies the odds of small sample sizes. Don't get me wrong. The player can and does lose on occasion. You can lose everything really fast as well. We can consider this kind of player as a veteran who has played hundreds of times before and have established a calculated method of betting in this manner, those who play for fun I doubt will do that, but whoever he is I'm pretty sure he is a certified gambler who knows his game very well. That's not considered fun playing when you invested huge amount of money, and for veterans player they always make sure that they're getting the most secured bet. These people stayed anonymous and exactly they're playing the type of gambling which they've mastered already. Being dangerous player, I don't think it's effective because in casino whether it's a crypto or fiat gambling, the system was presetted by admins for those who they wanted to win on that machine. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: sunsilk on December 18, 2019, 10:51:36 PM It's a good read actually and thank you for sharing that.
That kind of gambler made up his mind and really has the intention to win no matter what happen. And on the casino side being an admin, you shouldn't be nervous if you have found a player like that on your website. It means that they are looking on you as trustworthy and basically has the assurance to pay the right amount if ever he wins. You should be prepared to face every kind of gambler no matter how much they gamble and how huge the risk they take. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: shield132 on December 19, 2019, 12:05:27 AM There is something interesting to see about casino live blackjack gambling, they complain a lot in betting and they say something about live blackjack is a scam. There is nothing scam in Live Blackjack, can't swear on others but I can say that evolution's live blackjack is 100% fair.Netent common live blackjack...scam? (https://www.casinomeister.com/forums/threads/netent-common-live-blackjack-scam.79822/) I had crossed my mind how many days passed I wanted to place myself as a participant in live blackjack casino, after seeing this my mind changed and I also followed the chat on Netent common live blackjack...scam? (https://www.casinomeister.com/forums/threads/netent-common-live-blackjack-scam.79822/) My suspicions are getting stronger, I cancel it. At first they have huge studios and thousands of employees, people shuffle cards in live and you see the procedure and it's done the way it's shown, no one is there card magics master and they can't even hire such people because you may find 1-2 person but not thousands with such talent. They don't even need that because live blackjack is played with eight standard 52-card decks and shuffled cards are cut in middle (half played, half - left). Even in card counters room there are cameras to make sure that cards are put provably fair in box for card change procedure that happens once a day and machine counts cards to make sure there are all cards there and there are cameras everywhere, you just can't fake it. And Casino always has advantage because players act on their hand before the dealer acts on her hand. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Shinpako09 on December 19, 2019, 12:14:45 AM I got the point of the story. You should be fearless in order to win big like those HR player but the fact is only those who have decent amount could act like that. As for the admin, you shouldn't be afraid. You should be happy instead to have such player. Meaning they are trusting your site to bet such amounts but if you will think that's kinda small winning though compared on other sites.
That's not considered fun playing when you invested huge amount of money, and for veterans player they always make sure that they're getting the most secured bet. These people stayed anonymous and exactly they're playing the type of gambling which they've mastered already. Being dangerous player, I don't think it's effective because in casino whether it's a crypto or fiat gambling, the system was presetted by admins for those who they wanted to win on that machine. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Ucy on December 19, 2019, 09:50:37 AM And on the casino side being an admin, you shouldn't be nervous if you have found a player like that on your website. As long as the "dangerous player" isn't a hacker or does not exploit the casino's vulnerability lol. ^This could be some of the things the casinos are worried about. This is probably why they put in some checks to investigate some extraordinary wins before the winners are allowed to withdraw their wins Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: sunsilk on December 19, 2019, 02:04:58 PM And on the casino side being an admin, you shouldn't be nervous if you have found a player like that on your website. As long as the "dangerous player" isn't a hacker or does not exploit the casino's vulnerability lol.^This could be some of the things the casinos are worried about. This is probably why they put in some checks to investigate some extraordinary wins before the winners are allowed to withdraw their wins But as long as the wins didn't go through a shady process, they should grant it automatically. He probably just found a fearless guy that wouldn't stop until taking a decent profit whether it will take a lot of losses. IMHO, there's no need to be scared of that kind of gambler if he's playing fair. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: Golftech on December 19, 2019, 02:23:43 PM And on the casino side being an admin, you shouldn't be nervous if you have found a player like that on your website. As long as the "dangerous player" isn't a hacker or does not exploit the casino's vulnerability lol. ^This could be some of the things the casinos are worried about. This is probably why they put in some checks to investigate some extraordinary wins before the winners are allowed to withdraw their wins the behavior of this player and deeply checked if there's no illegal things that's happening from the account. This so called dangerous player is really wise cashing out the money that he had won not to allow greed to flow and let him lose everything back. Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: YuginKadoya on December 19, 2019, 02:46:53 PM Well, I often see people with a Bold personality and I think they could be dangerous because they are the ones that often can perform a task that has a risk and pretty much doesn't have any sign of fear in them, this kind of people they surely know what they are doing and pretty much have confidence in their eyes that they can surely win or surely have the ego to sometimes intimidating their opponent sometimes, because of their Bold personality, Well, I think they can surely use it in live poker matches.
Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: daarul50 on December 19, 2019, 04:32:38 PM And on the casino side being an admin, you shouldn't be nervous if you have found a player like that on your website. As long as the "dangerous player" isn't a hacker or does not exploit the casino's vulnerability lol. ^This could be some of the things the casinos are worried about. This is probably why they put in some checks to investigate some extraordinary wins before the winners are allowed to withdraw their wins if he did not make any losses during that period repeatedly , that what makes any casino owner worry. also pointing about the instant cashout , it has been a risk taking for the casino owner, they do know the consequences about that right? Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: rdbase on December 19, 2019, 11:02:50 PM Yet they post this in their own ANN thread
The next 2 players who contact me, will get 25% on any previous losses this month in the form of a bonus. This is for both sports and casino. Any takers? ::)So they know people will be people and want to continue going back trying to get back the amount they just lost. This is how the casinos, sportsbooks and the whole gambling industry gets you to ruin you and your livelyhood. Best to not get taken in with these promotions and promises for loss back crap. Because they know very well they are the only ones who will win in the long run. >:( Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: nydiacaskey01 on December 19, 2019, 11:42:31 PM Whats the difference between a high-roller and a Bold player? Isn't it that both are wagering huge amount of money in one seating? I have seen in casinos that once they noticed a new face inside their casino and wagering huge amount of money, they often offer services like free ride home or maybe a hotel room after they play but, they are watching closely how he play and his bets.
Title: Re: A BOLD player is considered a dangerous player at casinos and sportbooks. Post by: maxreish on December 20, 2019, 01:26:19 PM Whats the difference between a high-roller and a Bold player? Isn't it that both are wagering huge amount of money in one seating? I have seen in casinos that once they noticed a new face inside their casino and wagering huge amount of money, they often offer services like free ride home or maybe a hotel room after they play but, they are watching closely how he play and his bets. Nothing difference. They both wagered huge amount of money, both were high risk taker. The guy OP was referring to sure was a lucky player. He knows well how the game moves and manage to gain profits fast. We should admit that high bank roll has a higher chance to gain higher profits, too. I've seen bold players in some gambling site who instantly won huge amount of money, the point here is that they can afford to lose the amount they are betting. |