4 ms·

I don’t have proof to back up my assertion but my gut says a lot of these online/non-us/crypto casinos are cheating. How would you the end user know? The house

I don’t have proof to back up my assertion but my gut says a lot of these online/non-us/crypto casinos are cheating. How would you the end user know? The house knows where the big money is placed on the table and then magnetic or some mechanism control where the ball lands. Profit even more than their statistical edge.

olalonde 6mo ago
> How would you the end user know? There are "provably fair" schemes where casino reveals a hash of the outcome before players bet.
- nodesocket 6mo ago
  I am referring to “live” dealers where they spin a actual wheel and ball.
umvi 6mo ago
don't gaming commissions perform anonymous audits to make sure your game has the odds it claims to have?
- fc417fc802 6mo ago
  How does that work for a foreign online casino? The entire operation is presumably illegal in most cases.
  - jamesfinlayson 6mo ago
    Yeah I assume that these foreign casinos have pretty weak regulations. In Australia, poker machines are all required to have real-time monitoring software installed and that software can be provided by any vendor, but must be audited by regulators and have remote access allowed.
6510 6mo ago
I know nothing about the sector and might have butchered some details but I see an interview one time with some professional online gamblers. They all had many millions in many play accounts but took only a tiny amount from each every month much less than the maximum withdraw. Barely enough to live on. They explained that some games were rigged but still had to give [big] prizes to someone to keep the show going. Some would organize events and send their big players on trips. Like an open secret no one talked about. The system is this: For a good while keep depositing more money into the account than spend and leave all the winnings. If they are cheating such account will win incremental amounts. Cheating or not they need to show their players are real people periodically so they organize VIP events and send the top players. When asked if their winnings were real they examine the poker faces around them for a while until one said that it was irrelevant. I wont cash out either way!
- fwipsy 6mo ago
  If you could find that, I would be really interested to watch it.

olalonde 6mo ago

> How would you the end user know? There are "provably fair" schemes where casino reveals a hash of the outcome before players bet.

nodesocket 6mo ago
I am referring to “live” dealers where they spin a actual wheel and ball.

umvi 6mo ago

don't gaming commissions perform anonymous audits to make sure your game has the odds it claims to have?

fc417fc802 6mo ago
How does that work for a foreign online casino? The entire operation is presumably illegal in most cases.
- jamesfinlayson 6mo ago
  Yeah I assume that these foreign casinos have pretty weak regulations. In Australia, poker machines are all required to have real-time monitoring software installed and that software can be provided by any vendor, but must be audited by regulators and have remote access allowed.

6510 6mo ago

I know nothing about the sector and might have butchered some details but I see an interview one time with some professional online gamblers. They all had many millions in many play accounts but took only a tiny amount from each every month much less than the maximum withdraw. Barely enough to live on. They explained that some games were rigged but still had to give [big] prizes to someone to keep the show going. Some would organize events and send their big players on trips. Like an open secret no one talked about. The system is this: For a good while keep depositing more money into the account than spend and leave all the winnings. If they are cheating such account will win incremental amounts. Cheating or not they need to show their players are real people periodically so they organize VIP events and send the top players. When asked if their winnings were real they examine the poker faces around them for a while until one said that it was irrelevant. I wont cash out either way!

fwipsy 6mo ago
If you could find that, I would be really interested to watch it.