The "loaded slots" scam

[Hanadawa]

But surprisingly it's made a resurgence.
There's scammy ads and promotions all around. Someone claiming that if you pay them x amount of money, they'll give you some very secretive sets of information about what slot games to play and when, in order to get surewins.

I agree with what @topbitcoin said, that every virtual slot games is about your chances of winning the jackpot. And the virtual slot games are designed to provide huge profits for the casino, not the user. So I think it would be very unreasonable if someone believed that by giving someone some money he would get a glimpse of the casino slot system. Every system or algorithm on a slot games has been created and updated regularly to ensure there are no security gaps that can be hacked. So never believe anyone who says they can give you advice about winning bets.

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[maydna]

But surprisingly it's made a resurgence.
There's scammy ads and promotions all around. Someone claiming that if you pay them x amount of money, they'll give you some very secretive sets of information about what slot games to play and when, in order to get surewins.

I agree with what @topbitcoin said, that every virtual slot games is about your chances of winning the jackpot. And the virtual slot games are designed to provide huge profits for the casino, not the user. So I think it would be very unreasonable if someone believed that by giving someone some money he would get a glimpse of the casino slot system. Every system or algorithm on a slot games has been created and updated regularly to ensure there are no security gaps that can be hacked. So never believe anyone who says they can give you advice about winning bets.

Yes, it really doesn't make sense if there are people who believe anyone can provide an overview of a casino slot system unless he is one of the developers who makes the slot game. He could provide information that is not released to the public, but I doubt if this can be found easily. The developer will not share company secrets with the public or sell information to people who really want to know about the secrets of slot games. And the system or algorithm of the slot game is always updated regularly so that it will ensure everything is safe from hacking. We also don't need to buy the secret if there are people who claim they know about it.

[klidex]

But surprisingly it's made a resurgence.
There's scammy ads and promotions all around. Someone claiming that if you pay them x amount of money, they'll give you some very secretive sets of information about what slot games to play and when, in order to get surewins.

I agree with what @topbitcoin said, that every virtual slot games is about your chances of winning the jackpot. And the virtual slot games are designed to provide huge profits for the casino, not the user. So I think it would be very unreasonable if someone believed that by giving someone some money he would get a glimpse of the casino slot system. Every system or algorithm on a slot games has been created and updated regularly to ensure there are no security gaps that can be hacked. So never believe anyone who says they can give you advice about winning bets.

Yes, it really doesn't make sense if there are people who believe anyone can provide an overview of a casino slot system unless he is one of the developers who makes the slot game. He could provide information that is not released to the public, but I doubt if this can be found easily. The developer will not share company secrets with the public or sell information to people who really want to know about the secrets of slot games. And the system or algorithm of the slot game is always updated regularly so that it will ensure everything is safe from hacking. We also don't need to buy the secret if there are people who claim they know about it.

It is impossible for someone to know the secrets or opportunity descriptions about casino slot games because if they were really accurate, of course he would use them himself and become a billionaire without having to give the secrets to other people in exchange for a certain amount of money. This is clearly a fraud because the casino cannot possibly leak information or publish the secrets behind the casino games because if the owner does that it would be like destroying his business where people will easily use chance strategies to win large sums of money.

The owner will never sell or provide information even to his employees because this concerns his business, therefore people should not easily believe or be easily tempted by this kind of fraud because they only want to drain your money with information that is invalid and completely useless spend your money because the casino owner maintains strict security on the site so it is not easy for hackers to hack it.

[goldkingcoiner]

I think there should be more discussion warning about scams here.
This particular scam is pretty old, and goes all the way back to a time where slot machines were physical coin toss and lever machines with actual spinning parts.
Back then it would actually kind of make more sense. A "loaded" machine could in theory give out more rewards.
But people unaware to the scam wouldn't know that hitting a jackpot doesn't actually pay from the money the machine holds anyway even back then. So we're talking about a scam that has been around for ages actually.

But surprisingly it's made a resurgence.
There's scammy ads and promotions all around. Someone claiming that if you pay them x amount of money, they'll give you some very secretive sets of information about what slot games to play and when, in order to get surewins.

It's important to emphasize that this is an outright scam. Slot machines, especially virtual ones, are based on chance alone.
So the term "loaded slot machine" does not apply at all. If you have ever seen someone believing in this myth, do your best to dispel it.
If we're going to gamble, at least we should be educated about it and do it in a healthy manner, without falling into the trap of fallacies.

If there is anything that I am surprised by, then its the fact that people still fall for such obvious scams. I mean, once you hear something like "give me your money and I will do x thing for you" then you should be extremely careful of what is going on because that is a red flag. I guess some people just do not have any common sense.

If people do thorough research of whatever platform or person that their money is being held on, then thats 99% of guarding against scams. A no-name bookie does not deserve to "help you" in your gambling efforts.

The more questions you ask, the better. A scammer's worst enemy is the truth.

[Hirose UK]

~snip~

It is impossible for someone to know the secrets or opportunity descriptions about casino slot games because if they were really accurate, of course he would use them himself and become a billionaire without having to give the secrets to other people in exchange for a certain amount of money. This is clearly a fraud because the casino cannot possibly leak information or publish the secrets behind the casino games because if the owner does that it would be like destroying his business where people will easily use chance strategies to win large sums of money.

The owner will never sell or provide information even to his employees because this concerns his business, therefore people should not easily believe or be easily tempted by this kind of fraud because they only want to drain your money with information that is invalid and completely useless spend your money because the casino owner maintains strict security on the site so it is not easy for hackers to hack it.

You are right and this seems impossible because when someone knows the algorithm or secret of winning slot games then he will use all the money he has to play and get various big wins, he will become rich person with these wins.
Moreover, anyone who knows how to win for sure or knows the secrets of game will use it himself without having to share it with other people in exchange for paying certain amount of money.
Things like this happen lot, usually they are offered via Telegram or various social media such as Facebook and of course this is something that cannot be trusted, we have to be skeptical of people who offer things like this.

Moreover, in slot games there is random algorithm which no one can know unless they are the game provider who clearly designed it and created or developed it.
We as gamblers will never be able to understand how the algorithms of gambling work.

Of course, because when the owner does this, he has the opportunity to have problems with the business he is building.
The biggest threat is that employees can do things beyond reason that cause them to experience massive losses in business or games that their own employees manage to break.

[Poker Player]

Well, it is clear that as has been commented, if someone asks you to give him money to win a bet you can be sure that it is a scam. But there is one thing that is not so clear to me.

I think there should be more discussion warning about scams here.
This particular scam is pretty old, and goes all the way back to a time where slot machines were physical coin toss and lever machines with actual spinning parts.
Back then it would actually kind of make more sense. A "loaded" machine could in theory give out more rewards.
But people unaware to the scam wouldn't know that hitting a jackpot doesn't actually pay from the money the machine holds anyway even back then. So we're talking about a scam that has been around for ages actually.

Oh no? And where did it pay for it? Out of thin air?

I would appreciate an explanation on this, if possible with link to back it up, because it seems quite counter-intuitive. In modern slots this is clearly not the case, and some time ago I saw a program on Las Vegas in which they explained it but the statement you make seems to me too counterintuitive not to question it.

[retreat]

It's always the same, on average scammers in gambling offer tricks that can enable a gambler to win a game easily by paying them a certain amount of money. It's very classic. And the funny thing is that many people fall for this, don't they think that they are being lied to? why don't they think that why the person should sell such tricks, why doesn't he keep it for himself and take all the profits. That's quite funny.

[Natsuu]

But surprisingly it's made a resurgence.
There's scammy ads and promotions all around. Someone claiming that if you pay them x amount of money, they'll give you some very secretive sets of information about what slot games to play and when, in order to get surewins.

I agree with what @topbitcoin said, that every virtual slot games is about your chances of winning the jackpot. And the virtual slot games are designed to provide huge profits for the casino, not the user. So I think it would be very unreasonable if someone believed that by giving someone some money he would get a glimpse of the casino slot system. Every system or algorithm on a slot games has been created and updated regularly to ensure there are no security gaps that can be hacked. So never believe anyone who says they can give you advice about winning bets.

Yeah. Virtual slots are all about luck and the casinos set it up to make bank, not the players. Thinking you can pay someone for a peek into the slot system and get guaranteed wins? Nah, that's not how it works. So believing someone has foolproof strategies is pretty much a gamble in itself. In the end, winning at slots is more about chance than any secret advice and anyone claiming otherwise is probably just trying to pull a fast one

[maydna]

~snip~

It is impossible for someone to know the secrets or opportunity descriptions about casino slot games because if they were really accurate, of course he would use them himself and become a billionaire without having to give the secrets to other people in exchange for a certain amount of money. This is clearly a fraud because the casino cannot possibly leak information or publish the secrets behind the casino games because if the owner does that it would be like destroying his business where people will easily use chance strategies to win large sums of money.

The owner will never sell or provide information even to his employees because this concerns his business, therefore people should not easily believe or be easily tempted by this kind of fraud because they only want to drain your money with information that is invalid and completely useless spend your money because the casino owner maintains strict security on the site so it is not easy for hackers to hack it.

I also think like you because if someone knows the secret of casino slot games, he will use it first until he can no longer use the secret, then he will sell it to the public and pretend that there is a secret that can be used to win the game slots. Fraudsters use this method to convince people that they have the secret to winning from casinos even though the casinos, as business owners, will not allow many people to win. People who have tried to buy the secret will only be deceived and regret trusting the wrong person. Casinos will not reveal their own secrets because they are in business and want to grow their business even bigger, so they will guard every secret well.

The casino owner will never sell or give information to anyone because it is a company secret. People are wrong if they believe anyone claiming to know about casino secrets because they want to get your money. We must not trust it, let alone buy such confidential information. Besides that, the casino will tighten its security and always monitor and guard it well through a security team that is always on standby.

[killerfrost]

Why would someone with guaranteed winning information sell it cheaply to strangers instead of exploiting it themselves for massive personal gain? It simply doesn't make sense. These "entrepreneurs" you mentioned are just repackaging the same old con, using social media's reach and the illusion of exclusivity to hook their victims.

Gambling already involves substantial risk. Adding layers of deceit and manipulation only amplifies the danger. The promise of "guaranteed wins" fuels greed, clouding judgment and making individuals susceptible to parting with their hard-earned money.

These scammers are experts at exploiting emotions and psychological vulnerabilities. They may use testimonials, fake news articles, or even limited-time offers to create a sense of urgency and scarcity. But don't be fooled. Their tactics are well-worn and designed to manipulate, not inform.

[klidex]

~snip~

It is impossible for someone to know the secrets or opportunity descriptions about casino slot games because if they were really accurate, of course he would use them himself and become a billionaire without having to give the secrets to other people in exchange for a certain amount of money. This is clearly a fraud because the casino cannot possibly leak information or publish the secrets behind the casino games because if the owner does that it would be like destroying his business where people will easily use chance strategies to win large sums of money.

The owner will never sell or provide information even to his employees because this concerns his business, therefore people should not easily believe or be easily tempted by this kind of fraud because they only want to drain your money with information that is invalid and completely useless spend your money because the casino owner maintains strict security on the site so it is not easy for hackers to hack it.

You are right and this seems impossible because when someone knows the algorithm or secret of winning slot games then he will use all the money he has to play and get various big wins, he will become rich person with these wins.
Moreover, anyone who knows how to win for sure or knows the secrets of game will use it himself without having to share it with other people in exchange for paying certain amount of money.
Things like this happen lot, usually they are offered via Telegram or various social media such as Facebook and of course this is something that cannot be trusted, we have to be skeptical of people who offer things like this.

Moreover, in slot games there is random algorithm which no one can know unless they are the game provider who clearly designed it and created or developed it.
We as gamblers will never be able to understand how the algorithms of gambling work.

Of course, because when the owner does this, he has the opportunity to have problems with the business he is building.
The biggest threat is that employees can do things beyond reason that cause them to experience massive losses in business or games that their own employees manage to break.

Let's be logical, no one can fight the secrets or algorithms that the slot game has because it is a machine game of chance, and every round is always random, even someone who understands how to play, of course they don't make money by claiming the secret of the game, it would be better if he uses it himself to get rich quickly. If he still asks for payment, this is clearly a fraud, because if the algorithm he has is accurate, of course he is not cheating and asking for payment because he can get more by playing the slots himself.

Yes, there are a lot of scams of this type on social media such as Facebook, Instagram, Twitter and Telegram, usually accompanied by proof of a picture or video of winnings that he or she got from somewhere to attract the gambler's interest and we have to be careful if we come across promotional advertisements like this and Don't be easily tempted even if he provides evidence like that because it's not necessarily the real picture.

Of course, this can destroy the casino business itself if there is information leaked about the pattern or strategy of the game, therefore casino owners do not easily give away secrets like this because it has a big impact on their business, after all, slot games are complicated and random so someone can win only when experiencing luck.

[FinneysTrueVision]

I have not encountered these types of ads on social media but I’ve seen some newbie accounts on Bitcointalk selling scripts which they claim can give you a guaranteed jackpot win. These are obvious scams to most people but there are some who are new to crypto that are desperate to make a quick buck that end up falling victim. Most online cryptocurrency casinos have provably fair odds and can’t be manipulated by a script running on your device. At best, they might be able to manipulate the html of a website to make it appear as if you won but it is a fake animation and the casino isn’t going to actually recognize it as a valid win.

For modern physical slot machines they are usually equipped with software that ensures results are randomly generated. It would be difficult to rig them without the casino’s knowledge. Even if someone did manage to rig them in the player’s favor, the casino would quickly find out and disable the machine.