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Most money you've lost at a Casino?

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i always wonder, how badly rigged is the slot machine? is there like a main computer somewhere in the security room that controls the algorithm or something?
 
I only take $20-$40 with me. One time I turned it into $140 in an hour or so and a second time a few hundred although I waked away with only $80 profit since I donated most of my winnings to my friends so they had something to play with.

I tend to walk away even or with a profit 3/4 of the time but I rarely gamble.
 
D23 said:
i always wonder, how badly rigged is the slot machine? is there like a main computer somewhere in the security room that controls the algorithm or something?
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they pay out on a percentage that is some measure less than 100% return depending on where they are.

http://en.wikipedia.org/wiki/Slot_machine#Payout_percentage

Slot machines are typically programmed to pay out as winnings 82% to 98% of the money that is wagered by players. This is known as the "theoretical payout percentage" or RTP, "return to player." The minimum theoretical payout percentage varies among jurisdictions and is typically established by law or regulation. For example, the minimum payout in Nevada is 75%, in New Jersey, 83%, and in Mississippi 80%. The winning patterns on slot machines – the amounts they pay and the frequencies of those payouts – are carefully selected to yield a certain fraction of the money played to the "house" (the operator of the slot machine), while returning the rest to the players during play. Suppose that a certain slot machine costs $1 per spin and has a return to player (RTP) of 95%. It can be calculated that over a sufficiently long period, such as 1,000,000 spins, that the machine will return an average of $950,000 to its players, who have inserted $1,000,000 during that time. In this (simplified) example, the slot machine is said to pay out 95%. The operator keeps the remaining $50,000. Within some EGM development organizations this concept is referred to simply as "par." "Par" also manifests itself to gamblers as promotional techniques: "Our 'Loose Slots' have a 93% payback! Play now!" It is worth noting that the "Loose Slots" actually may describe a very few anonymous machines in a particular bank of EGMs.

A slot machine's theoretical payout percentage is set at the factory when the software is written. Changing the payout percentage after a slot machine has been placed on the gaming floor requires a physical swap of the software or firmware, which is usually stored on an EPROM but may be loaded onto non-volatile random access memory (NVRAM) or even stored on CD-ROM or DVD, depending on the capabilities of the machine and the applicable regulations. Based on current technology, this is a time-consuming process and as such is done infrequently. In certain jurisdictions, such as New Jersey, the EPROM has a tamper-evident seal and can only be changed in the presence of Gaming Control Board officials. Other jurisdictions, including Nevada, randomly audit slot machines to ensure that they contain only approved software.
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They are about as rigged as something can be.
 
D23 said:
i always wonder, how badly rigged is the slot machine? is there like a main computer somewhere in the security room that controls the algorithm or something?
Click to expand...

It's all CPU based by the gaming company. I have a friend who works in that field. The makers of those machines are all regulated by the gaming commision, the machines have to pay out a certain percentage of the time. Of course that is not enough for it to ever go into a loss situation. They have entire departments coming up with the ma thematic algorhythms to basically win the gaming company AND the casino money while still paying out fairly often to keep people playing.

He told me once about how a linked machine across 3 states was sitting at like 900K dollars (basically whenever you see those giant jackpot numbers tumbling upwards on a slot, that number is going up because all the machines of the same type in different casinos are networked). He said everyone in the office was going crazy at how high the payoff got, noone had ever seen one go above 250K without hitting before.

Edit: And Wiki explained it way better than I could above.
 
Allforce said:
It's all CPU based by the gaming company. I have a friend who works in that field. The makers of those machines are all regulated by the gaming commision, the machines have to pay out a certain percentage of the time. Of course that is not enough for it to ever go into a loss situation. They have entire departments coming up with the ma thematic algorhythms to basically win the gaming company AND the casino money while still paying out fairly often to keep people playing.

He told me once about how a linked machine across 3 states was sitting at like 900K dollars (basically whenever you see those giant jackpot numbers tumbling upwards on a slot, that number is going up because all the machines of the same type in different casinos are networked). He said everyone in the office was going crazy at how high the payoff got, noone had ever seen one go above 250K without hitting before.

Edit: And Wiki explained it way better than I could above.
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That story is gold though. Waiting to see that payout trip would have been awesome.
 
Allforce said:
He told me once about how a linked machine across 3 states was sitting at like 900K dollars (basically whenever you see those giant jackpot numbers tumbling upwards on a slot, that number is going up because all the machines of the same type in different casinos are networked). He said everyone in the office was going crazy at how high the payoff got, noone had ever seen one go above 250K without hitting before.
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Sounds like those Megabucks slots. Those jackpots are always in the $millions.
 
I used to work at a casino as a dealer a few years back. One night a guy leaves the high roller pit and sits down to play at my table ($100 min blackjack). He had two chips left, a $5000 and $10k. He lost every cent to me. When he got up to leave, he looked me right in the eyes with this dead look in his eyes and says "Thats all I had" and walks away. I'm like 90% sure that dude went home and killed himself. Just awful.
 
D23 said:
I went to the casino for the first time in years today, and i lost like $80... it kinda stinks..

i can't imagine the feeling of losing hundreds at a casino..
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I bring $200-$500 bucks with me. I drop about $200 on average but sometimes like a bachelor party I will drop more .

I live about 2 hours from Atlantic city and normaly they give me free rooms so its a fun weekend with friends . Harrahs has an indoor pool and so in the winter its a great vacation for cheap
 
Not sure if this counts, but I think of it as lost money. Playing craps and blackjack, I was up to 5300. I ended up losing 2250 of that money and that is when I called it quits. I walked with around 3000 after tipping out. The 2200 isnt money I brought with me to the casino, but I still think of it as money I lost, if I walked away before losing it. Easier said than done though to walk away during a losing streak, you lose all track of everything inside a casino especially when the drinks keep coming. Never know what time it is, if it is morning, afternoon or late night, inside the casino it looks the same no matter the time. It is so easy to convince yourself you can get the money back and you havent been playing long, so things will turn around soon.

I lost a few sports bets higher than that, but dont think those count as casino bets. I was ok at sports betting and made quite a bit of money, but the size of the bets and the number of bets I had at one time scared the hell out of me. Luckily I had a girl who convinced me to give it up and get help. She ended up getting upset later, because I couldnt afford expensive surprise binge gifts that I would buy her after a good week of winning. After a couple arguments and her telling me placing a few bets a week wouldnt hurt, I got rid of her. Personally I enjoy sports a lot more since I quit betting and having a "favorite" team, now I can enjoy watching good games and not get upset because a team lost.
 
teh_J0kerer said:
Were you bankrolled for 100/200NL or was that hand a disaster for you?
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Nah, got 3rd place in a $23k guaranteed on Full Tilt, buyin was like $20 or something 880ish players, won like 2.5k, started shortstacking multiple 6-handed cash games starting at 1/2 then 3/6...grinded it up to like $9k...

Went to sleep, woke up and decided I was invincible so I started shortstacking SINGLE tables, 25/50, ran it up some more then decided fuck it, put like 18kish, my whole bankroll at the time, in one 100/200 table, started bluffing and showing, talking trash in chat, and got caught with AQ against what I thought was someone just sick of my shit and raised me on the turn when the ace hit.

I shove and start thinking about Vegas and the fuckin Mirage before he snap calls and I feel my body get warm and I stare at the computer hoping to wake up for real this time. He had AK.
 
I know someone who lost 4000 in one night.

Personally I have lost about 100, but anything above 50 and I pretty much start freaking out.
 
I go to Vegas on a regular basis and combined with the other casinos I've visited, I'm up about $4,000 total for my life of gambling. The most I lost was $700 on one hand.
 
$200 probably? It was a bad night.

I once made $200 off of $10. That deck was HAWT. Last time I was in Vegas, I started off with $100 and won about a grand. Self-sustaining trips are the best. 8-)
 
Probably like less than $50. I've seen friends ruin their lives throwing money away at the casino and it disgusted me.

On the other hand, I have friends who make a killing at the casino playing poker though.

I'm just not good at it so I see no point, good on you though if you're smart about it! Not trying to offend anyone by this post.
 
$20 on a parlay for 5 teams did my choices drunk which was a bad idea.

Went to a slot machine with $20 and came out with $65
 
Switch Back 9 said:
I used to work at a casino as a dealer a few years back. One night a guy leaves the high roller pit and sits down to play at my table ($100 min blackjack). He had two chips left, a $5000 and $10k. He lost every cent to me. When he got up to leave, he looked me right in the eyes with this dead look in his eyes and says "Thats all I had" and walks away. I'm like 90% sure that dude went home and killed himself. Just awful.
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damn thats awful, i know some friends who have gambling problems.. its pretty sad
 
$700. Felt like an idiot. Did the smartest thing I could think of at the time and pulled another $100 out. Got that up to $3400. Cashed the fuck out. Haven't gambled since.
 
750.

I also won 3300 and haven't gambled since. When I won 3300 I got down to my very last dollar on $1 black jack, I had nothing left in my bank account. I climbed back up to champion status.
 
$90 at a casino. I don't gamble often, and I don't have a whole lot of money. Lifetime, I think I'm actually ahead. I won $400 one of my first times in a casino
 
Usually spend about 1.5- 2 grand over a 5 day Vegas trip in the casinos. I rarely win and the most I ever won at once was like $700 from slots and a couple hundred at Craps. Only been to Vegas three times in my life too.
 
Maybe $100? I usually bring about $120 or so for play money when I have to go there for business. I never play expecting to get my money back, but sometimes I win (~$300 or so) and sometimes I lose (after $100 is gone I usually stop).

Saw a guy lose $2000 in what felt like 10 minutes at a roulette table I was at. It was like he was possessed or something. $100 on 32, $100 on 32, $100 on 32... Never hit.

I like the poker games better. Got ~$500 at my last tournament. :)
 
I don't have the patience to play poker at the casino. Never tried entering a tournament but I'll think about it next time I'm in Vegas.
 
Minus_Me said:
I don't have the patience to play poker at the casino. Never tried entering a tournament but I'll think about it next time I'm in Vegas.
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I enjoy them. Low stakes, free drinks, something for the mind to crunch on...

The payout isn't worth your time if you're there to make money, but I like the casual tourist players. They're so much more chill and funny than the sit-and-go tables. Plus I hate being rushed.

If you're impatient, sit-and-gos might be more your style. That's where the job-guys go, though, which makes them more grim/depressing. :P


Deadly Joker said:
Upwards of 10K. All on sports gambling. Finally got out if it. It was a dark place, almost killed myself.
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I'm happy that you've left that world and are feeling better.
 
Switch Back 9 said:
I used to work at a casino as a dealer a few years back. One night a guy leaves the high roller pit and sits down to play at my table ($100 min blackjack). He had two chips left, a $5000 and $10k. He lost every cent to me. When he got up to leave, he looked me right in the eyes with this dead look in his eyes and says "Thats all I had" and walks away. I'm like 90% sure that dude went home and killed himself. Just awful.
Click to expand...

God... talk about chasing losses...
 
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