There was a recent report by CNBC that covered some of the ways that gamblers are making a fortune from casinos like 꽁머니. Take a look at some of the casino tricks these players are using to get millions of dollars from the casinos each year.
The casino business, is a very profitable franchise, it brings in billions of dollars each year, however, scammers still cause U.S. Casinos to lose a substantial amount of money. According to cheating expert George Joseph of World Wide Casinos Consulting, casinos lose about 10 million dollars a year. The use of technology has helped in slowing down these crafty scammers, with cameras, on every table, and security keeping eyes open for anything out of place. But even with the use of technology these thieves are still able to walk away from a Casino with a nice little pay out.
How do they pull it off? CNBC, had author of the book “The “101″ Most Asked Questions About Texas Hold’em and Poker Cheating, to compile a list of various cheating methods. Some of these methods are very popular, while others are used less frequently; however each method can result in a big pay out.
In order for this scam to work, it requires for the dealer to participate. The dealer pretends to shuffle the cards, or make it appear to other players that the cards are being shuffled. However, the dealer will hold certain cards in place. The other participants in the scam are watching the whole time, so they will know when each un-shuffled card has been dealt.
The use of the shuffle method has also been used by a gang called the Tran organization, the gang raked in over 7 million dollars before they were finally caught.
Roulette Past Posting
A common scam normally involving two people. Usually one player will distract the dealer, while the other player places both sets of chips on the winning number. That way if one player is caught the other will still walk away with the money.
Hidden Camera Baccarat Scam
In this scam the player hides a camera within his/her arm sleeves, when the cards are cut, the dealer, will slightly separate the cut card, to record the contents of the card. Another person will view the card from a camera, and tell the dealer, what is on the card, through an ear piece. This scam is more commonly used in Baccarat but may also be used in Blackjack.
Allows the players to hide cards up their sleeves using a special device, it allows them to hold and dispense them as they are needed.
Involves the use of brain power to accurately keep up with the total value of each card, this however is legal, unless a computer is used in counting cards, it than becomes illegal.
Hole Card Reading
This scam in common in games like Black Jack and Texas Hold’em, it’s when a players tries to glance at the other players cards, and uses the information to help him/her to win a game. This is considered legal until someone uses a held hand device such as a mirror, to glance at someone cards.
Dice Slide: In the dice slide, the player tries to roll the dice, in a manner that will give them better odds of winning, some even slide the dice, so that the number they have while the are still holding the dice, will not change once the dice hits the table. This scam isn’t used very often, but has reportedly won scammers a lot of money.
In 2011 Wynn, Las Vegas lost over 700,000 dollars to a gang of dice sliders.
Roulette Color Up
This one involves two participants, one player will go and buy a set of $1 colored chips, some of them he will slip into his pocket and later pass off to other participant. The other participant will buy $25 chips of the same color, when finish playing the second accomplice will cash in the $1 chips as $25 chis. Roulette Color Up causes many casinos to lose a substantial amount of money also.
This scam involves marking a card and using it to ones advantage during the game. There are several different ways that one could mark a card, including bending the edge of a card, using a chip, or scratching off some ink. Sometimes the player may somehow sneak a mark card into the deck, or pick one from deck, after they are dealt.
Slot Machine Bill Validator Advice
Before modern technology the only way to pull this scam off was using tying a string to coin, and put it in a machine. Now advancements in technology have allowed scammers to use a device that tricks the Bill Validator, the validator, has prongs that are inserted within the dollar bill. When the dollar bill is inserted into the machine, it thinks the $1 bill is a $100 dollar bill.
Online casinos offer bonuses which people can redeem and keep playing. Online casino games- Assure greater winnings if played properly. Can be played at your convenience.
- Higher profit margin
- Bonuses offered are a lot
- The diverse range of games
Online gambling as seen, has an upper hand over the actual casinos. The indicator of the popularity of these gambling sites is indicated with the increase in the number of online gambling sites, over the last 2 decades.