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Around the globe? In america? anyone have any stats?
ksdjdj
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It doesn't really answer your question with a 'total $ figure', but here are some articles you may find interesting. https://www.reviewjournal.com/business/casinos-gaming/basic-casino-cheating-scams-hardest-to-catch-gaming-experts-say/ https://www.theverge.com/2013/1/14/3857842/las-vegas-casino-security-versus-cheating-technology https://www.businessinsider.com.au/scandals-casinos-gambling-las-vegas-2019-6?r=US&IR=T https://www.wired.com/2017/02/russians-engineer-brilliant-slot-machine-cheat-casinos-no-fix/ https://harvardjsel.com/wp-content/uploads/sites/9/2019/02/HLS102.pdf Note: Most of the links are about 'players' cheating casinos', but the 'harvardjsel.com' link is about the casinos 'cheating' players, with 'cheat prevention countermeasures'. There are many more, but I am not going to read them (just google what you had as the name for this thread, and you should find plenty, hopefully one will have a '$ figure' for you ?) Otherwise, someone on this forum who is in the 'casino business' could have better info to give you, maybe?
jjjoooggg
It doesn't really answer your question with a 'total $ figure', but here are some articles you may find interesting. https://www.reviewjournal.com/business/casinos-gaming/basic-casino-cheating-scams-hardest-to-catch-gaming-experts-say/ https://www.theverge.com/2013/1/14/3857842/las-vegas-casino-security-versus-cheating-technology https://www.businessinsider.com.au/scandals-casinos-gambling-las-vegas-2019-6?r=US&IR=T https://www.wired.com/2017/02/russians-engineer-brilliant-slot-machine-cheat-casinos-no-fix/ https://harvardjsel.com/wp-content/uploads/sites/9/2019/02/HLS102.pdf Note: Most of the links are about 'players' cheating casinos', but the 'harvardjsel.com' link is about the casinos 'cheating' players, with 'cheat prevention countermeasures'. There are many more, but I am not going to read them (just google what you had as the name for this thread, and you should find plenty, hopefully one will have a '$ figure' for you ?) Otherwise, someone on this forum who is in the 'casino business' could have better info to give you, maybe?
I know that a casino in vegas cheats bc a dealer told me. Idk how often though. Its also risky for the casino? Another retired dealer confirmed to me another way they cheat.
I belong to an elite group called the 'Zombie Outbreak Response Team.'
Zcore13
I know that a casino in vegas cheats bc a dealer told me. Idk how often though. Its also risky for the casino? Another retired dealer confirmed to me another way they cheat.
Lol. So, what did the dealer tell you he/they did to cheat?
ZCore13
I am an employee of a Casino. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
FleaStiff
Lol. So, what did the dealer tell you he/they did to cheat?
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Jul 09, 2014 Even until just a few years ago, many of the offshore websites hosting online poker were able to get around US tax law. But the IRS has caught up with technology and if you have big winnings this year, you should expect to pay a portion to the government in taxes. Several US poker players are unaware that they have to pay taxes on their poker winnings. According to US tax laws, poker players have to pay taxes on money won playing poker tournaments and cash games, irrespective of whether these games were played online or offline. Even players residing in. Re: Poker & Paying Taxes on Poker Winnings in USA Originally Posted by NBB If I am not mistaken, this site is a poker site.You may need to rethink where you post these tax questions. Jan 26, 2013 Poker winnings are taxable whether they are from cash games or tournaments. This is true for brick and mortar, as well as online poker rooms. Even if a player lives in a state where online poker is explicitly illegal there is still a responsibility to pay taxes on those winnings. Poker winning order. After claiming your gambling losses against your poker tournament winnings, there is a net tax of $600 USD ($2000 USD net poker winnings X 30% poker tax rate). With this extra deduction, you can expect a tax refund from the IRS of $900 USD ($1500 USD original withheld poker taxes subtract $600 USD.
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Retired dealer? Were you by any chance buying him drinks at the time? Buy me some drinks and I'll tell you some really juicy stories about casinos that cheat. Then you can buy me lunch at Burger King, so there will be even more whoppers! Them casinos spend zillions on advertising and public relations trying to attract and retain customers and along comes some low paid dealer whose got the skinny on how the casino cheats? Get Real!!
SOOPOO
The only thing I know is that casinos spend a large multiple of what they lose to cheaters to prevent cheaters from taking more...
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The only thing I know is that casinos spend a large multiple of what they lose to cheaters to prevent cheaters from taking more...
ive read something similar
TomG
My hypothesis is that if you add up all cheating in all casinos, the casinos show a huge profit from it. The casinos cheat the players out of far more money than the players could ever cheat the casinos out of money. Here's one example of a Las Vegas casino attempting to cheat a player out of $30,000 by changing the odds after the bet has been resolved: https://wizardofvegas.com/forum/gambling/big-wins/28555-paigow-bonus-casino-did-not-pay-full-amount-as-shown-on-the-table/ -- And that is in the most well-regulated gambling jurisdiction in the world. Imagine how much of this stuff goes on in unregulated places. I'm sure there are players here who could tell plenty of stories of casinos cheating them out of money. The more I think about it, it isn't really a hypothesis so much as a certainty
Zcore13
My hypothesis is that if you add up all cheating in all casinos, the casinos show a huge profit from it. The casinos cheat the players out of far more money than the players could ever cheat the casinos out of money. Here's one example of a Las Vegas casino attempting to cheat a player out of $30,000 by changing the odds after the bet has been resolved: https://wizardofvegas.com/forum/gambling/big-wins/28555-paigow-bonus-casino-did-not-pay-full-amount-as-shown-on-the-table/ -- And that is in the most well-regulated gambling jurisdiction in the world. Imagine how much of this stuff goes on in unregulated places. I'm sure there are players here who could tell plenty of stories of casinos cheating them out of money. The more I think about it, it isn't really a hypothesis so much as a certainty
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I would not call that the Casino trying to cheat a player. To me that's a decision by an individual employee, not systematic cheating by a casino. That's like saying an entire police force is corrupt because 1 officer took a bribe. Or, a hospital murders patients because a nurse poisoned one. ZCore13
I am an employee of a Casino. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
onenickelmiracle
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Any kind of security or protection is always supposed to cost more than losses, without them, it would keep happening repeatedly. We all have locks on our doors and our losses are less than the things stolen.