Janation
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January 06, 2021, 02:12:08 AM |
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Similar to the MIT gambling team, I remember watching a documentary called 'Holly Rollers' about a group of Christians who formed a team of card counters and made a business out of trying to beat casinos at blackjack. According to Wikipedia, they received $1.2 million in investments and won over $3 million. Eventually, they started getting banned from casinos and they disbanded after six years. This is amazing. Never thought that there are other teams like the MIT group. I've seen this title on Netflix in the past and I don't actually think that it is about gambling. I will be watching it, it might be good.
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Darker45
Legendary
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Crypto Casino and Sportsbook
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January 06, 2021, 03:37:22 AM |
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These are 6 gamblers who really made money out of casinos. On the other side of the fence are hundreds of millions of other gamblers who are losing in casinos. And up to this day, casinos are still money-making machines. They multiply in number because the business is thriving.
It is and the proof is the many gambling sites that are coming into the market, the Gambling industry is a multi-billion dollar industry that includes online and offline, even if one gambler is cheating the system there are thousands losing in the game, but we all know gamblers they are quick to restrict and ban you if they think you are cheating or violating their TOS. There are definitely very few who can successfully cheat a casino. And all of them might end up getting caught. Casinos are wise. They have eyes everywhere, too. They will notice you if you are winning more often than you should have. And you might not be admitted the next time around. So it is really hard to cheat. You may do it but you should avoid making a pattern if you don't want those cameras to be zooming in on your face in the monitoring room.
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maxreish
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January 06, 2021, 04:03:54 AM |
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I am amazed with their great abilities in beating the casinos but not to be inspired with those cheating techniques like Dennis and that of a god gambler woman with fast hand. Isn't more interesting and inspiring if one particular person really beat casinos repeatedly without using a trick or cheating? Like having a good instinct and pure luck with courage then it could be serve as an inspiration to everyone.
Anyway, if others can cheat the casinos by making special chips to manipulate slots machine, etc. This makes me think that others may also do the same by making a good program to also cheat in online casinos.
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Wawa2013 (OP)
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January 06, 2021, 05:13:14 AM |
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You can change the title to something like gamblers who managed to beat casinos through cheating, majority or almost all of them won because they are cheating the system, I wonder who among them are charged, fined or gone to prison because of their cheating, there is one article among gamblers who beat the casino in a fair manner, but these personalities are something, they honed their skills to cheat the casinos, unfortunately, you cannot get away all the time.
Thank you robelneo for the input, I have changed the title so it is not misleading. You are correct indeed most of the gamblers I mentioned beat casinos through cheating. But to my knowledge it is very difficult to beat casinos without cheating, but indeed the gamblers I mentioned are not to be imitated. I just want to share information. How can you forget the famous poker player Phil Ivey? He won around $8m-$9m according to sources. Was even in the 60 minutes plus talking about his technique. https://www.bbc.com/news/uk-41751208However, he wasn't paid because the casino said he was cheating using the 'edge sorting' and lost the case against Crockfords Club. I didn't forget to include Phil Ivey, I just didn't know him, maybe because I didn't really like poker games. But after I read an article related to Phil Ivey, who has the nickname the tiger woods of poker, I was quite curious about how to play it. Later, if there is free time, I will try to watch him play poker from videos on the YouTube platform. Rumor has it that his total fortune is up to $ 100 million from the information I got on wikipedia, if the information is correct, it is impressive.
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kolesozw
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January 06, 2021, 05:28:35 AM |
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shoreno
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January 06, 2021, 05:32:35 AM |
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I am amazed with their great abilities in beating the casinos but not to be inspired with those cheating techniques like Dennis and that of a god gambler woman with fast hand. Isn't more interesting and inspiring if one particular person really beat casinos repeatedly without using a trick or cheating? Like having a good instinct and pure luck with courage then it could be serve as an inspiration to everyone.
Anyway, if others can cheat the casinos by making special chips to manipulate slots machine, etc. This makes me think that others may also do the same by making a good program to also cheat in online casinos.
the girl named herself after god but what she did was against to god . she is blessed with a talent , fast hands . actually all of them are talented but if they can make use of those talent for good and not for taking advantage of ones business we wont be this angry . dont know if there are already gambler that beats the casino in a fair way but i think there ist yet because if winning is easy , we wont see so many cheaters . online casinos are more prone to cheats but casinos wont just sit and do nothing , they are also moving to terminate cheaters .
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virasisog
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January 06, 2021, 05:56:37 AM |
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We're all creating out our own strategies just to win in gambling and it's just that these people have created their own strategies that turned out to be cheating strategies. I'm also amazed by the skills that they have just to win again casinos. They're admirable for being smart but cheating is still cheating and we shouldn't plan to beat casinos by doing things like what they did because it has huge consequences.
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traderethereum
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January 06, 2021, 06:22:05 AM |
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We're all creating out our own strategies just to win in gambling and it's just that these people have created their own strategies that turned out to be cheating strategies. I'm also amazed by the skills that they have just to win again casinos. They're admirable for being smart but cheating is still cheating and we shouldn't plan to beat casinos by doing things like what they did because it has huge consequences.
If they still using the same way to beat the casino that is known as cheating, they will not get success in the other time because if the casino knows about that, they will share the news, so the other casino will know and will prevent that things happen again. The people who cheat the casino will need to be careful from the casino because they can get caught in the other time, and they will not be able to gamble on any casino. The casino will not stop chasing people to get their money back, and if necessary, the casino will hire some people to help them get the money.
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ice18
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January 06, 2021, 06:48:13 AM |
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So this cheating real stories from Casino guys only proves you cannot win huge amount of money in any casinos without cheating? I know this casinos is really hard to beat you need thousands of money to be able to win but this is not assurance even you have thousands if you have no strategy then eventually you will lose.
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LogitechMouse
Legendary
Online
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Catalog Websites
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January 06, 2021, 06:54:17 AM |
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Winning in a casino in an illegal way has a consequence. Probably there are some who tried to cheat in the casino and luckily they didn't get caught. Either way, quite amazed by these people who can do things like this. This just shows then that some of the games in a casino can be manipulated. As per my part, I don't have intentions to gamble or cheat in the casino because if I tried to cheat then I will get punished and one more is that I'm not capable of cheating it ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Just good luck for those gamblers who are trying to do the same though ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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ranochigo
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January 06, 2021, 07:16:34 AM |
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Surprisingly, you didn't mention one of the most high profile cheating incident in Bitcoin's gambling history. Hufflepuff cheated Primedice 2,400 BTC a few years ago by exploiting a glitch that allows the reuse of secret seeds[1]. At today's value, that's worth 84 million dollars. I was skeptical of the winnings when I came across it on the forum and I was sure no one would be able to beat the house that way. [1] https://medium.com/@Stunna/breaking-the-house-63f1021a3e6d
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Yogee
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January 06, 2021, 07:37:11 AM |
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So this cheating real stories from Casino guys only proves you cannot win huge amount of money in any casinos without cheating?
Win against casinos by sheer luck = legal Win against casinos by skills = illegal or cheating That's just how they look at it since everyone is convinced that nobody can win against casinos using skills alone and without cheating. Card counting is a great skill but casinos are so scared of losing money so they prohibited it.
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BIN-BIN
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January 06, 2021, 08:13:18 AM |
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So this cheating real stories from Casino guys only proves you cannot win huge amount of money in any casinos without cheating?
Win against casinos by sheer luck = legal Win against casinos by skills = illegal or cheating That's just how they look at it since everyone is convinced that nobody can win against casinos using skills alone and without cheating. Card counting is a great skill but casinos are so scared of losing money so they prohibited it. I don't think so, a number of gamblers has won huge amount without cheating the casino, Skills are developed over time and it should not be term as illegal if one uses skills in casino houses cause skill in not part of cheating.
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Poker Player
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January 06, 2021, 08:14:42 AM |
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Well, I'm not surprised that most of them are cheaters. If everything is correct, the casino has a positive mathematical expentacy with every play, while the player has a negative one. Only counting cards in the past and those imperfections found by the Pelayos brothers could beat the casino but I think it's nearly impossible nowadays, unless someone finds a way to somewhat hack the online casinos software.
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Janation
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January 06, 2021, 08:50:50 AM |
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So this cheating real stories from Casino guys only proves you cannot win huge amount of money in any casinos without cheating?
Win against casinos by sheer luck = legal Win against casinos by skills = illegal or cheating That's just how they look at it since everyone is convinced that nobody can win against casinos using skills alone and without cheating. Card counting is a great skill but casinos are so scared of losing money so they prohibited it. That is a great perspective. These people have their own skills and they are just taking or using them to be able to make them a profit but in another perspective, that application of skill is considered as cheating. Like those people exploiting the vulnerability of those machines which means they are skilled when it comes to those machines. That is skill.
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Alucard1
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January 06, 2021, 08:59:38 AM |
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I really amazed at how they have done all those things to won bug amount of money but cheaters are cheaters and nothings is good about it, the worst thing about it is that you may get into jail for doing such actions, it is still better to idolize those gamblers who use their skills, techniques, knowledge and proper research to take advantage to the game and win big prizes.
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Pamadar
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January 06, 2021, 09:08:27 AM |
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Well, I'm not surprised that most of them are cheaters.
That's the only way gmblers have a high chance in winning against the house. If everything is correct, the casino has a positive mathematical expentacy with every play, while the player has a negative one.
H.E and everything are being calculate plus all the calculations that being test before they start facilitating the business. Only counting cards in the past and those imperfections found by the Pelayos brothers could beat the casino but I think it's nearly impossible nowadays, unless someone finds a way to somewhat hack the online casinos software.
Yeah, as house already have counter for that and if in terms of live landbase casinos they will throw you away if you do counting the cards.
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cryptomaniac_xxx
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January 06, 2021, 09:54:47 AM |
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So this cheating real stories from Casino guys only proves you cannot win huge amount of money in any casinos without cheating? I know this casinos is really hard to beat you need thousands of money to be able to win but this is not assurance even you have thousands if you have no strategy then eventually you will lose.
Of course you can still win huge in a casino, however the odds are going to be slim. And that's why these people find a way to 'cheat' or exploit loopholes in the gaming industry. Nevertheless, they are caught red handed, some of them goes to jail, some of them become cooperative thus they are hired to caught more cheaters.
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swogerino
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January 06, 2021, 10:02:30 AM |
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These guys all are known because they cheated in physical casinos with all kind of tricks.There are a lot more unknown which have exploited online casinos that we don’t know about because they operate by getting small chunks and not go up to 16 million dollars.These are much more difficult to catch and are a cancer to online gambling.Luckily casinos have build their security to another level and slow slow these hackers cannot do any harm in the future.
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bitterguy28
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January 06, 2021, 11:22:06 AM |
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3. Dennis Nikrasch![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FXfPU0pL.jpg&t=665&c=0gpxfYKnbu759w) Dennis Nikrasch managed to get 16 million USD from slot machines, unfortunately he cheated and had to be responsible for his actions. He cheated by making special chips that can manipulate slot machines. Wondering how this chips do? Manipulate the Slot machine? hope this can be furthermore coz it's interesting and cool ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I have been losing Too Much in Slots in Live casino so wondering how this can manage to make the slot machine go over the chips to give positive outcome.
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