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rogue software provider at betfred(till recently)
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Thread: rogue software provider at betfred(till recently)

  1. #1
    Moderator mr lugsy's Avatar
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    Red face rogue software provider at betfred(till recently)

    seen this thread on casinomeister looks like it's about to go public. (link blatantly c+p from potty)

    http://www.casinomeister.com/forums/...ilo-games.html

  2. #2
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    Nice link thx, just shows you how rigged bookies are.

  3. #3
    Moderator mr lugsy's Avatar
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    probably a few smug tinfoil hatters aswell

  4. #4
    Quote Originally Posted by Plumy2k View Post
    Nice link thx, just shows you how rigged bookies are.
    as a rule the run casinos and games under the same brand but tends to be a different company to the bookmaking business.

    running any business that is not rigged infavour of the operator is plain stupid as will most of the time end in failure.

  5. #5
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    A very good read, thanks for the heads up.

    No trolling, or abuse to be seen anywhere on that site either. Refreshing.

  6. #6
    Moderator JG's Avatar
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    It makes you wonder how many more of these games are rigged, not just on line casinos but on the high street as well. Filthy. For all we know the roulette on those terminals could be running at 95%? Who on earth would ever uncover a scandal like that?
    JG

  7. #7
    Quote Originally Posted by JG View Post
    It makes you wonder how many more of these games are rigged, not just on line casinos but on the high street as well. Filthy. For all we know the roulette on those terminals could be running at 95%? Who on earth would ever uncover a scandal like that?
    The technical standards for the B2 games state, that any game that represents odds, be it cards or roulette wheels have to offer the odds are displayed. The information in the help section tallies with the those odds that are displayed.

    If the B2 games were bent it would have been theoretically proven by now, i've not seen any data that would suggest the game is operating at any edge greater than displayed.

    If any compensation was used in a B2 game it would be as simple as it has been in this example to show the house egde is not as displayed.

    Running a roulette game at anything other than the odds displayed only serves to damage the possible revenue stream.

    I wish B2 games were bent, but the best evidence is betting shops only open in the busy locations, the turnover is greater and it becomes profitable to operate. They are not opening any shops where the demand for the terminals do not exist.

  8. #8
    Moderator JG's Avatar
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    The expert on that Casino Meister thread seems to think that this concept of fixed price is against regulation. I hadn't seen any data that suggested this game was 'rigged' until now. No data doesn't mean absolutely not rigged. If compensation was used you'd think they'd show it in the help. Unless they forgot, or put the wrong figure in again.
    Running a roulette game at lower odds than implied is brilliant for the revenue stream UNLESS, GOLDEN RULE ALERT...you get caught out.

    I'm not saying all out that some B2 games are rigged, they may be totally fair. All I'm saying is don't be surprised if in the future we hear of rigged or price fixed B2 games. It could happen and probably already has, is what I'm saying. I'm sticking to compensated 70s from now on......any game that relies heavily on 'luck' is not for me,
    JG

  9. #9
    I know the expert has said its against the regulations, but i've not seen the regulations, so i'll have to go back and check to see if they have been posted and which ones apply.

    Running roulette at less than the implied odds reduces the chances of the lucky streaks resulting in big wins, its the odds of winning and the payoff that make it so attractive... in the end the player will lose all the stake if they continue to play.

    The terminal players, where did they come from, all over seduced by the attractive odds... take the roulette away, do you think you would see slots and other low stake games in bookies?

    If B2 games as there now know, fixed odds roulette had never started in betting shops, then there would simply be the couple of 70 fruits in each shop... even then the jackpot would likely not of increased to that. No way would the investment of came to develop the terminals betting shops now home along with the content.

    Barcrest would still be barcrest and a few other machine makers would still exsist, i'd like to think so anyway.

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    Russ if lowering the percentage of roulette decreased the revenue stream in the long run than why do we see so many 500 on 90% or below now? Surely the same rule would apply and no-one would play them as they are not as likely o get a lucky streak. I am aware that inspired or whoever else is in charge of the fobts but I'm sure if Mr Hill said to the boss set the roulette on 95% the operator would do as they were told. Just because you don't hear about an injustice doesn't mean it doesn't happen.

  11. #11
    Noels Beard
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    I'm inclined to agree with Russ here. The target demographic for slot play is different, although it may overlap with those that play roulette. You should really be looking at the retention rate for money staked on the terminals. For roulette, on FOBT's, it's pretty high. I've heard figures of 80%. Doesn't matter what percentage you set the games at if the money is coming to you eventually anyway.

  12. #12
    Quote Originally Posted by Plumy2k View Post
    Russ if lowering the percentage of roulette decreased the revenue stream in the long run than why do we see so many 500 on 90% or below now? Surely the same rule would apply and no-one would play them as they are not as likely o get a lucky streak. I am aware that inspired or whoever else is in charge of the fobts but I'm sure if Mr Hill said to the boss set the roulette on 95% the operator would do as they were told. Just because you don't hear about an injustice doesn't mean it doesn't happen.
    it dependant on volume of play, any location that has a B3 game at less than 92-94% generally has a lower volume.

    Since b3 the stakes are capped to 2 they have a lower % so they can make money when slot players may be playing, "blocking" a potencial higher stakers B2 player.

    Since B3 game have a large volume of low wins the house egde has to be set to get the players money quicker to keep the profits inline with roulette

  13. #13
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    I have to write a post so this is it!

  14. #14
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    Sack it, ill do 2 I feel quite daring tonight

  15. #15
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    alright alright!

    RR Russ is the FOBT expert on here and there...

    let's just assume that the theory is correct,,, they pay out 90% over 100,000 spins...

    ... so why have many many people each lost 100,000 plus?

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