Originally posted by: Viper GTS
Originally posted by: holden j caufield
why would blackjack online be on the up and up. No one to checs up on them. Based all in costa rica or other 3rd world country
They're based there because they HAVE to be, they're not legally allowed to be based in the US.
And yes, they are checked up on. Independant verification is the norm, particularly for the large casinos (IGM is HUGE).
No matter how honest they are though THEY ARE STILL THE HOUSE. They will break you eventually, unless you play with their money.
Never, ever play house edge games with your own money.
BTW this kind of crap:
I did a few variations when I felt I had a better idea
Will get you in trouble. If you cannot force yourself to adhere to perfect strategy then you should just quit right now. The point of perfect strategy is to minimize the house edge, the only way to maximize your EV is to follow it to the letter.
Use a calculator, make sure you're playing right for the game you're in but DO NOT DEVIATE from what the sheet says.
Viper GTS
Ok here is something that suggests they let you win when you try out the games via the play money and the opposite happens when you play for real money
http://www.scom.ulaval.ca/Communiques.d...sse/2005/fevrier/Internetgambling.html
Customers lured by inflated demo game payouts
Quebec City, February 3, 2005 ? Free demo periods offered by Internet gambling sites to attract customers show inflated payout rates when compared to real games involving money, observed scientists from Université Laval?s School of Psychology in a study published in the latest issue of Computers in Human Behavior.
Researchers Serge Sévigny, Martin Cloutier, Marie-France Pelletier, and Robert Ladouceur visited 117 Internet gambling sites where they played 100 slot machine games in free demonstration mode. On 45 of these sites, payout rates were superior to 100% during the demo period. The researchers played 400 additional demo games on these sites, at the end of which 21 still yielded payout rates far superior to 100%.
Sévigny and his colleagues then randomly selected five of the 21 sites, in which payout rates ranged from 110% to 520%. They deposited $100 and started playing with real money. After 100 games, payout rates had dramatically decreased on four of the five sites, ranging from 49% to 84%. On the fifth site, the team of scientists won $14 but the site owner refused to pay, arguing that not enough games had been played.
In order to make sure that chance was not responsible for this reversal of fortune, Sévigny?s team went back to playing in demo mode. On each of the five sites, payout rates came back up to levels ranging from 114% to 238%.
?Yet many of these sites claim that their demo session provides the same characteristics as the real game,? points out Sévigny. ?Our study shows, on the contrary, that payout rates during games involving money are sometimes much lower than during the demo periods. In addition, nothing guarantees that you?ll receive any money even if you win.?
The scientist worries about the problems that the availability of Internet gambling could create: ?People can play in the privacy of their homes, credit cards in hand, without any social pressure or control. These games are accessible even at work. The risk becomes even greater with unrealistically generous payout rates in demo games.?
The Internet gambling industry is estimated to be several billion dollars a year. Women make up about 40% of the Internet gambling clientele. In Quebec, about 14,000 adults gambled on the Internet in 2002.
Located in the heart of Quebec's historic capital city, Université Laval is one of Canada's leading universities, offering more than 450 programs to 38,000 students. Among the top ten Canadian universities in terms of research, it received more than $265 million in research funding last year.
- 30 -
Information:
Serge Sévigny
School of Psychology
Université Laval
Tel.: (418) 656-2131 ext. 8557
Serge.Sevigny@psy.ulaval.ca
Source:
Jean-François Huppé
Media Relations
Université Laval
Tel. : (418) 656-7785
PS I know nothing about this university and whether or not it's credible.