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Author Topic: How about casino's implements feature to track past loses & profits sum overtime  (Read 910 times)
Bitinity
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Today at 07:52:58 AM
 #121


Oh, and I just remembered that I once visited a local online casino that displayed deposit and withdrawal transaction history. Is this the feature they're referring to? I tried checking transactions for the past week (that's the maximum history I could check), and yes, I also saw that the deposit status was higher than the withdrawal status.
What you said is also true and makes sense: it's impossible for a casino to display everything in detail, especially the player's loss history, as that would defeat the casino's goal of maximizing profits.
I just checked one of the casinos I used in the past, bcgame and the stats I got there weren't really useful. I got the Total Wins, Total Bets, and Total Wagered. If you look at it, you might think that there are some useful stats, but in reality, there are not. The total wagered doesn't really tell you the total you have lost to them or the total you have deposited into your account. The total wins talk about casino games, and there are some where you would be awarded as a win, but the total gotten from it would be less than what you staked, especially those with multipliers lower than 1x.

Useful or not is depending on the gambler but if you think it is not that useful because total wager does not really tell the actual loss or deposit, means that you understand it wrongly since total wager has nothing to do with loss or deposit or even withdraw. If you want to know about your overall loss then you should take a look at your PnL statistic. Although it cant be 100% accurate but at least you can use it to manage your gambling funds.

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junder
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Today at 10:25:00 AM
 #122

Gamblers need to start telling their self the truth because if they don't then they will continue to lose money to casinos as they make profit of them. I also think casinos putting this on their platform will drive away customers but if there is a casino that decide to put this option on their platform then customers should be happy as this gives them an opportunity to monitor their losses so as not to over gamble when they shouldn't be doing that.

Gamblers needs to budget their money very well so they don't run out of money and start borrowing, when you see your mistake it is always better to learn from them as that history you have with the casino are the mistakes you made and the money you lost hence you should not get angry when you see them instead you should decide to learn and also improve on how you budget your money properly so you don't loose too much amount of money on gambling instead of investing that money into things that can give you profits in the future.
the existence of this feature can indeed make players see or monitor their losses so as not to gamble excessively as you say, but it depends on the awareness of each one also in my opinion. So even though they are aware of the existence of this option and can use it with a purpose like you said but it is also useless if they still instill the wrong mindset about gambling like still thinking positively about the winnings that can be obtained. All would be well if indeed their mindset is not wrong in looking at gambling.

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Today at 12:21:40 PM
 #123

Oh, and I just remembered that I once visited a local online casino that displayed deposit and withdrawal transaction history. Is this the feature they're referring to? I tried checking transactions for the past week (that's the maximum history I could check), and yes, I also saw that the deposit status was higher than the withdrawal status.
What you said is also true and makes sense: it's impossible for a casino to display everything in detail, especially the player's loss history, as that would defeat the casino's goal of maximizing profits.
Some casinos have a feature where the history of whether a gambler wins or loses a bet can be kept for a short period of time. But the problem is that there is no detail available. The reason for having such a feature is that if the gambler can see the amount of money he has won, he can get more motivated and return to gambling faster. Again, if the amount of loss is large, he can return to gambling even to recover that amount. I think this is a trick of some local casinos. Because it helps the gambler to remember his wins for a long time and forget the amount of money he has lost. Which can cause losses in the long run for ordinary gamblers.

I think what you're saying is outside the scope of the casino feature being discussed. You're referring to the behavior of gamblers in responding to the final results, such as being motivated by a history of wins and a desire to recover losses due to a history of large losses. This is the approach of addicts, and while there's nothing wrong with that, I think what I'm asking here is whether it's true that casinos only display winning history. Or why do they tend to only display winning history?

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Today at 02:08:00 PM
 #124

Some casinos have a feature where the history of whether a gambler wins or loses a bet can be kept for a short period of time. But the problem is that there is no detail available. The reason for having such a feature is that if the gambler can see the amount of money he has won, he can get more motivated and return to gambling faster.

Casinos that has it will never use the feature for only short terms recording because the reason why is there is for recording purposes so actually even if it takes years they will still have all your wining and losses compiled together. Those requests of gambling history is not necessary for me because is obvious that I wouldn't find anything pleasing if I want to check my history because I already no that my lost was more than wining. Also casinos didn't have an ulterior motive for the features but it was an act to satisfy users that's why you are seeing it because if it was on other way reasoning it could have cause more effect on them than what you are thinking about there purpose.

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