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Daniel Negreanu's very own containment thread. All things Danny go here Daniel Negreanu's very own containment thread. All things Danny go here

08-08-2024 , 01:51 PM
Quote:
Originally Posted by borg23
The reason id say it's screwing someone over is bc up to 500k it's in today's money.
It's a jackpot based on how much money players put into the machine since it last hit. So it's worth less at 501k than it is at 499k which is total horse ****.

This was at an Indian casino so they can do whatever they want but at a regulated casino I don't see how that sort of thing is legal. The jackpot is supposed to go up the more people feed the machine not go down.

The up to 500k should still have to be paid in today's money and then the amount over it can be over 20 years. At least that's fair.
But, and I don’t know this particular machine, I suspect the jackpot does not reset below $500K. These JPs don’t reset to and start at zero. Heck I would not be surprised if the initial value is $1mil. I do know the machines my wife has hit, only mid 5digit for largest, never reset to zero. In fact I have never seen a JP rest to zero. Even the penny machines with a minor prize that must hit by $50, only reset to $25.

If, and this is VERY DOUBTFUL, this particular machine resets to less than $500K, you have a minor argument. But I still doubt this is the situation.
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08-08-2024 , 01:55 PM
Quote:
Originally Posted by TampaKn1sh
Lol, how much do you think he's dumped into those machines over his lifetime? He even said in an interview if he had to choose between only playing poker or only playing slots he'd choose slots because he loves them so much.

The only one winning is the casino when Kessler is in town. Not only do they get to screw him out of 400K of his jackpot win, but they save money by not putting any seasoning or sauce on his chicken too.
Again, you're trying REALLY hard to make winning over 500k sound bad.
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08-08-2024 , 03:51 PM
Quote:
Originally Posted by Fore
But, and I don’t know this particular machine, I suspect the jackpot does not reset below $500K. These JPs don’t reset to and start at zero. Heck I would not be surprised if the initial value is $1mil. I do know the machines my wife has hit, only mid 5digit for largest, never reset to zero. In fact I have never seen a JP rest to zero. Even the penny machines with a minor prize that must hit by $50, only reset to $25.

If, and this is VERY DOUBTFUL, this particular machine resets to less than $500K, you have a minor argument. But I still doubt this is the situation.
If you're right i agree with you. If it resets to below 500k it's a scam.
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08-09-2024 , 04:41 AM
Good thing all these Kessler slot machine posts are in the Negreanu containment thread.
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08-09-2024 , 05:44 AM
Quote:
Originally Posted by TheFly
Good thing all these Kessler slot machine posts are in the Negreanu containment thread.
Danny would like it this way, Kessler corner and all that
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08-09-2024 , 08:26 AM
Fore going to bat for big companies grifting normal people out of money is very on brand.
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08-09-2024 , 10:42 AM
Quote:
Originally Posted by riverboatking
lol if you think 1.2mil jackpot is suddenly gonna make AK a happy well adjusted individual who isn't bitter and angry about the sun setting in the west every godamn day and the mac n cheese costing the same amount even if you get it without the brisket than you clearly know absolutely nothing about chainsaw.
Is the mac and cheese story based on real events? Like he ordered a mac and chese brisket combo but didnt want the brisket and complained?

Quote:
Originally Posted by MyrnaFTW
not here to fully explain slots, but he is not dumping 125 ,, think of it as losing 12.50 every time he does that . as the machine doesnt gobble up all 125 , as it goes to bonus and you are making back 90% or so on avg
although you do have a point you are forgetting one fact. The around 90% return to player includes features and either it also includes the jackpot or there is an additional jackpot contribution.

So it really depends how top heavy the pay outs of a specific machine are but your expected return without hitting the main feature is probably not above 70% range and might be quite a bit lower even.

Quote:
Originally Posted by Fore
But, and I don’t know this particular machine, I suspect the jackpot does not reset below $500K. These JPs don’t reset to and start at zero. Heck I would not be surprised if the initial value is $1mil. I do know the machines my wife has hit, only mid 5digit for largest, never reset to zero. In fact I have never seen a JP rest to zero. Even the penny machines with a minor prize that must hit by $50, only reset to $25.

If, and this is VERY DOUBTFUL, this particular machine resets to less than $500K, you have a minor argument. But I still doubt this is the situation.
Where the hell do you think that 500k is coming from? If you think the casino puts it up, man have i got news for you. Its all from jackpot contribution. I saw jackpots that could be set up in a way they would be shown at 5k or what ever number you wanted and couldn't all before the 5k in jackpot contribution was hit. Not sure what nevadas legislation is in regards to these jackpot but if you think there is a cent of money in the jackpot that doesnt come from a players pocket you would be wrong.
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08-09-2024 , 11:41 AM
Quote:
Originally Posted by MyrnaFTW
not here to fully explain slots, but he is not dumping 125 ,, think of it as losing 12.50 every time he does that . as the machine doesnt gobble up all 125 , as it goes to bonus and you are making back 90% or so on avg
I don't think this is anywhere near accurate. He had 12K invested over 12 hours and had less than $3K on the credit meter at the time the jackpot hit. I doubt the Buy a Bonus averages anywhere near 90% payback if you discount the jackpot win.

Ive tried just a few BAB and a couple were near busts at under $50 returned and one was around $150 for a slight profit.
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08-09-2024 , 12:23 PM
wait, he was just buying the bonus for 12 hours straight?
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08-09-2024 , 06:20 PM
If hes really a good advantage player who has some edge at slots when the conditions are right, I wouldnt believe a word he posts on twitter about how it went down.. why would he share to all the poker players who are known to chase any kind of minor EV.. would be stupid af.

On the other hand, his seemingly clueless posts about how to best invest the winnings and the outrage about having to pick between annuity and lump sum makes me doubt that hes a skilled advantage player, as stuff like this should be well known to him already if he is.
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08-10-2024 , 01:36 AM
Quote:
Originally Posted by Kebabkungen
If hes really a good advantage player who has some edge at slots when the conditions are right, I wouldnt believe a word he posts on twitter about how it went down.. why would he share to all the poker players who are known to chase any kind of minor EV.. would be stupid af.

On the other hand, his seemingly clueless posts about how to best invest the winnings and the outrage about having to pick between annuity and lump sum makes me doubt that hes a skilled advantage player, as stuff like this should be well known to him already if he is.
Its the same thing as a card counter asking a dealer if they can double down on soft 14
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08-10-2024 , 01:57 AM
Quote:
Originally Posted by donjonnie
Is the mac and cheese story based on real events? Like he ordered a mac and chese brisket combo but didnt want the brisket and complained?



although you do have a point you are forgetting one fact. The around 90% return to player includes features and either it also includes the jackpot or there is an additional jackpot contribution.

So it really depends how top heavy the pay outs of a specific machine are but your expected return without hitting the main feature is probably not above 70% range and might be quite a bit lower even.



Where the hell do you think that 500k is coming from? If you think the casino puts it up, man have i got news for you. Its all from jackpot contribution. I saw jackpots that could be set up in a way they would be shown at 5k or what ever number you wanted and couldn't all before the 5k in jackpot contribution was hit. Not sure what nevadas legislation is in regards to these jackpot but if you think there is a cent of money in the jackpot that doesnt come from a players pocket you would be wrong.
You realize it is not only possible, but slot machines have hit jackpots on back to back spins. All of a slot machine jp or hand pay comes from the casino or syndicate but the machine odds are such that over enough spins, the house wins. But it is entirely possible that a machine can have a negative earn at a given moment.

I can also 100% guarantee that any legal slot machine, in a regulated casino, in US that is offering a prize, that prize can possibly win on the next spin. That is if there is a prize posted, it can be won. The odds to win $1000 might be 1 trillion to 1, but it is still possible.

That you claim machines are being rigged otherwise is laughable. Legit casinos don’t depend on rigging machines, They just embrace variance and live or die by the odds. Certainly they will adjust the odds more in their favor. Triple zero roulette and 6:5 blackjack prove that. But it doesn’t mean you can’t occasionally win on those crappy games.

BTW, it is very possible TB casino did not pay this or all of this JP. These large jackpots are often paid by a syndicate, especially if machines are linked across multiple casinos.
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08-10-2024 , 02:03 AM
Quote:
Originally Posted by pwnsall
Fore going to bat for big companies grifting normal people out of money is very on brand.
Just stating facts and reality. If you can disprove what I say, go ahead. Since you can’t, I guess your only resolve is to continue personal attacks.
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08-10-2024 , 07:40 AM
I think there are more important things to something being moral, ethical, and a grift or scam than something being technically legal and stated on page 67 of the rules sheet.

And it's ok to call them out on it.
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08-10-2024 , 12:20 PM
yes the mac n cheese story is 100% real and related by AK himself obv.
he was absolutely LIVID.
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08-10-2024 , 01:37 PM
Quote:
Originally Posted by Fore
You realize it is not only possible, but slot machines have hit jackpots on back to back spins. All of a slot machine jp or hand pay comes from the casino or syndicate but the machine odds are such that over enough spins, the house wins. But it is entirely possible that a machine can have a negative earn at a given moment.

I can also 100% guarantee that any legal slot machine, in a regulated casino, in US that is offering a prize, that prize can possibly win on the next spin. That is if there is a prize posted, it can be won. The odds to win $1000 might be 1 trillion to 1, but it is still possible.

That you claim machines are being rigged otherwise is laughable. Legit casinos don’t depend on rigging machines, They just embrace variance and live or die by the odds. Certainly they will adjust the odds more in their favor. Triple zero roulette and 6:5 blackjack prove that. But it doesn’t mean you can’t occasionally win on those crappy games.

BTW, it is very possible TB casino did not pay this or all of this JP. These large jackpots are often paid by a syndicate, especially if machines are linked across multiple casinos.
So some of the stuff you are saying is true other stuff not necessarily.

I have been working in gambling for a long time now. Both in casinos and for companies creating slots.

I have set up plenty of jackpots in my day.

There are usually some limitations as to when a jackpot can fall.

I would for example set up jackpots for a lot of casinos that start at amount x but cant fall before it reaches amount y.

So lets say the jackpot is shown at 500$ to start but cant fall before it hits 1000$ and not later than 5000$.

So although the jackpot is shown as 500$ its kind of nonsense and by the time the jackpot reaches the 1000$ the jackpot contributions have reached the 1000$ mark.

This is at least in off shore organisations not unusual at all.

I also wouldn't call it rigging per se. The rtp and everything is as advertised.

Now again I am unfamiliar with nevada as a jurisdiction. I am actually not very familiar with any northern american jurisdiction beside some canadian ones.

But it seems doubtful that a casino would start a jackpot at 500k for a small bundle of like 6 maybe 8 machines if it can actually fall in the next spin.

I would have to look at the exact game rules. It is also not unheard of that some part of the jackpot contribution funds the future jackpot seed. Like we have around 5% jackpot contribution of which x amount goes to the next seed until y amount in seed money is reached.

Casinos dont cheat in games, for the most part this is true and if there is cheating going on it would usually by a rogue employe.

Shady casinos usually just dont pay you out if you win. thats much easier then rigging games.

That being said, and this is a phenomenon way more common in online casinos, there are some casinos with fake games. These fake games look and at first sight behave like known games from reputable game providers but in reality are not. I would at least not trust the rtp claims of these games.



Quote:
Originally Posted by riverboatking
yes the mac n cheese story is 100% real and related by AK himself obv.
he was absolutely LIVID.
Thats hilarious!
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08-10-2024 , 05:05 PM
Quote:
Originally Posted by donjonnie
So some of the stuff you are saying is true other stuff not necessarily.

I have been working in gambling for a long time now. Both in casinos and for companies creating slots.

I have set up plenty of jackpots in my day.

There are usually some limitations as to when a jackpot can fall.

I would for example set up jackpots for a lot of casinos that start at amount x but cant fall before it reaches amount y.

So lets say the jackpot is shown at 500$ to start but cant fall before it hits 1000$ and not later than 5000$.

So although the jackpot is shown as 500$ its kind of nonsense and by the time the jackpot reaches the 1000$ the jackpot contributions have reached the 1000$ mark.

This is at least in off shore organisations not unusual at all.

I also wouldn't call it rigging per se. The rtp and everything is as advertised.

Now again I am unfamiliar with nevada as a jurisdiction. I am actually not very familiar with any northern american jurisdiction beside some canadian ones.

But it seems doubtful that a casino would start a jackpot at 500k for a small bundle of like 6 maybe 8 machines if it can actually fall in the next spin.

I would have to look at the exact game rules. It is also not unheard of that some part of the jackpot contribution funds the future jackpot seed. Like we have around 5% jackpot contribution of which x amount goes to the next seed until y amount in seed money is reached.

Casinos dont cheat in games, for the most part this is true and if there is cheating going on it would usually by a rogue employe.

Shady casinos usually just dont pay you out if you win. thats much easier then rigging games.

That being said, and this is a phenomenon way more common in online casinos, there are some casinos with fake games. These fake games look and at first sight behave like known games from reputable game providers but in reality are not. I would at least not trust the rtp claims of these games.





Thats hilarious!
If the machine rules and display say that that $500 JP can be hit but in reality the machine setup prevents this, that is definitely rigging a machine. It is not even debatable. And it does not happen in reputable, r3gulated casinos in the US. In fact it doesn’t happen in reputable casinos anywhere because doing it isn’t reputable. What does doing this say about you and your employer?

In the US, regardless the state regulations, what you described, is actually illegal under contract law. At least where slot machines are legal.

As to using current cash flow to preseed a future JP, that is perfectly fine. We already know that most of the coin in is not going to the presented JP amount. How companies manage their coin in is their business decision. If they fail to maintain adequate capital reserves, that is a regulator issue.

A fair game, offers a prize if you pay prize and pull the lever. If that pull cannot win the prize offered, that is it is impossible to follow the rules and win, the game is unfair and likely illegal.
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08-10-2024 , 05:16 PM
Quote:
Originally Posted by pwnsall
I think there are more important things to something being moral, ethical, and a grift or scam than something being technically legal and stated on page 67 of the rules sheet.

And it's ok to call them out on it.
Well that is a nice strawman you constructed. It is not stated on page 67 of the rules.

As noted, I am not familiar with this game, but others have stated it was printed on the machine. The large payout machines I am familiar with definitely have the annuity notice right there on the face of the machine. You don’t need to sit down, you don’t even need to read the rules display. One example I do know, the IGT wheel of fortune machines have the annuity notice printed right by the wheel.

If the company was doing what you described or similar, that is bury the notice deep in some fine print, you might have an argument. But in my experience, the proper notice is right there on the front of the machine.
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08-11-2024 , 01:47 AM
Quote:
Originally Posted by Fore
If the machine rules and display say that that $500 JP can be hit but in reality the machine setup prevents this, that is definitely rigging a machine. It is not even debatable. And it does not happen in reputable, r3gulated casinos in the US. In fact it doesn’t happen in reputable casinos anywhere because doing it isn’t reputable. What does doing this say about you and your employer?

In the US, regardless the state regulations, what you described, is actually illegal under contract law. At least where slot machines are legal.

As to using current cash flow to preseed a future JP, that is perfectly fine. We already know that most of the coin in is not going to the presented JP amount. How companies manage their coin in is their business decision. If they fail to maintain adequate capital reserves, that is a regulator issue.

A fair game, offers a prize if you pay prize and pull the lever. If that pull cannot win the prize offered, that is it is impossible to follow the rules and win, the game is unfair and likely illegal.
man sorry i hurt your feelings by being better informed on this topic and correcting you.

You know what you just go buddy!

The machines totally start with a 500k jackpot spread across just 6 machines and they fall twice in a row all the time!

Also forget all about jackpot contributions and how jackpots are funded through the extra contribution and not the general rtp.

Go nuts have fun!
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08-11-2024 , 02:49 PM
Quote:
Originally Posted by donjonnie
man sorry i hurt your feelings by being better informed on this topic and correcting you.

You know what you just go buddy!

The machines totally start with a 500k jackpot spread across just 6 machines and they fall twice in a row all the time!

Also forget all about jackpot contributions and how jackpots are funded through the extra contribution and not the general rtp.

Go nuts have fun!
You corrected nothing. All you have shown is you work for disreputable casinos and you are willing to cheat others. What you describe is nit happening in legal casinos here. If this is happening in sketchy foreign casinos, and you facilitate it, go for it

The balance of your post is just intelligible.
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08-12-2024 , 04:37 AM
Quote:
Originally Posted by Fore
You corrected nothing. All you have shown is you work for disreputable casinos and you are willing to cheat others. What you describe is nit happening in legal casinos here. If this is happening in sketchy foreign casinos, and you facilitate it, go for it

The balance of your post is just intelligible.
HAhahahahahah man you are a ****ing idiot.

I actually work and worked for highly reputable organisations and some of the biggest gaming companies in the world.

Again i am sorry that you have a very limited understanding of whats going on in the gambling world and how casinos and game providers operate.

I would suggest you just shut your uniformed mouth before you make more of a fool of yourself.

You could for example study terms and conditions and rules of games because the explanation as to how things work are usually in there.

seriously you come in here not knowing your ass from a hole in the ground and make statements that are just flat out wrong.

you could instead just shut your uninformed mouth and get educate.

It is for example quite obvious that you do not understand the difference between a "real" progressive jackpot and the big wins that providers these days like to call jackpots although they are not.

Last edited by donjonnie; 08-12-2024 at 04:43 AM.
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08-13-2024 , 09:50 AM
Can you take this off topic spam discussion to PMs?
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08-13-2024 , 04:11 PM
FFS you know there was a separate thread created for Kessler's jackpot win, maybe a mod can move all these irrelevant post out of DNegs into that thread.
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08-13-2024 , 04:58 PM
Calm down. It's for your own good.
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08-14-2024 , 09:14 AM
I didn't know Negreanu played slots. We need some more posts on how much Negreanu lost at the Series despite winning the PPC to get this thread back on track,
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