I feel like such a stupid moron

[Chu]

Short story, PartyPoker has a very annoying banner add for a Casino they run, and they were offering a 200% deposit bonus, so I bit. I deposited $100, got a $300 bankroll, and was off to play $4500 worth of blackjack hands and cash out what I thought would be around $380 (less then 1% house edge).

Well, after $4,500 hands of blackjack, I had a bankroll of $800, and then decided it was time to cash out. Well, the site wasn't giving me my bonus . . . turns out you have to play $4,500 worth of slots! Well, off to the slots I guess. They advertise 97.5% return, so I was just going to play penny slots, put it on autoplay, and go to bed.

Well, I was bored and started playing myself. Three hours later, my $800 became $1900! This is enough to pay of my credit card debt, and have a bit left over to buy myself a nice GF6400 Ultra + Doom 3. Man I was happy.

And finally, to make a long story short, after playing some more slots I'm down to $500. I'm done, and a lot porrer I can't believe I just blew $1,400 in less then an hour. With numbers on a screen, it just does not seem real, but when I think about it in terms of computer hardware or months rent I want to strangle myself.

-Chu

 

[us3rnotfound]

oh w3ll

 

[rgwalt]

Are you still ahead in terms of the real money you started with?

R

 

[faenix]

Gotta kick yourself where it hurts most for that one. =\

At least you're still up.

 

[Mo0o]

Thats how the casinos make the big bucks =)

 

[Leetman]

At least you made more than you started with.

 

[sniperruff]

i never get virtual casino.... how can people actually win money? how do you know it's not rigged?

it's like you pay real money to get a virtual hooker or something...

 

[dighn]

that's how gambling works

 

[biostud]

Greed 0wnz0rs yu0

 

[Tremulant]

Should've stopped when you had $1900 and run with it.

 

[dman]

I thought you were going to say they wouldn't give you your $1900, but, that does suck... you got greedy.

Oh well, lesson learned and you didn't actually lose your investment money.

I'm betting you'll try and win back your $1400 and end up losing some of that too... be smart and don't.

 

[MacBaine]

You put in $100, got back $500... what the hell are you complaining about?

 

[konakona]

oh well at least you didnt lose anything in the end... i am surprised you are dealing with such huge numbers tho, kids here make like $100 max playing almost all day long

 

[Ameesh]

Originally posted by: MacBaine
You put in $100, got back $500... what the hell are you complaining about?

yeah, i am lost

 

[Slacker]

Play more! you cant win if you dont play. :evil:

 

[Chu]

Originally posted by: dman
I thought you were going to say they wouldn't give you your $1900, but, that does suck... you got greedy.

Oh well, lesson learned and you didn't actually lose your investment money.

I'm betting you'll try and win back your $1400 and end up losing some of that too... be smart and don't.

Nope. already cashed out. I learned my lesson.

 

[Mr N8]

Pete Rose, is that you?

 

[maziwanka]

Originally posted by: Chu
Short story, PartyPoker has a very annoying banner add for a Casino they run, and they were offering a 200% deposit bonus, so I bit. I deposited $100, got a $300 bankroll, and was off to play $4500 worth of blackjack hands and cash out what I thought would be around $380 (less then 1% house edge).

Well, after $4,500 hands of blackjack, I had a bankroll of $800, and then decided it was time to cash out. Well, the site wasn't giving me my bonus . . . turns out you have to play $4,500 worth of slots! Well, off to the slots I guess. They advertise 97.5% return, so I was just going to play penny slots, put it on autoplay, and go to bed.

Well, I was bored and started playing myself. Three hours later, my $800 became $1900! This is enough to pay of my credit card debt, and have a bit left over to buy myself a nice GF6400 Ultra + Doom 3. Man I was happy.

And finally, to make a long story short, after playing some more slots I'm down to $500. I'm done, and a lot porrer I can't believe I just blew $1,400 in less then an hour. With numbers on a screen, it just does not seem real, but when I think about it in terms of computer hardware or months rent I want to strangle myself.

-Chu

this is the way it ALWAYS goes....

 

[Ausm]

I feel like such a stupid moron


And rightfully so


Sysadmin

 

[asm0deus]

my friend deposited 250 last night on party poker, he lost 150 within an hour (texas hold em) and tried to get it back over the next hour. His luck was just not on point. It was exciting though seeing him go all in when he had a flush only to see that another player had a higher flush

 

[mavs55]

Originally posted by: Mo0o
Thats how the casinos make the big bucks =)

 

[Chu]

Originally posted by: asm0deus
my friend deposited 250 last night on party poker, he lost 150 within an hour (texas hold em) and tried to get it back over the next hour. His luck was just not on point. It was exciting though seeing him go all in when he had a flush only to see that another player had a higher flush

I've always said it and it still rings true - NL ring is a sucker's game. Even most pros avoid it like the plague because the variance for even good players is just nuts.

 

[Platypus]

you needed to say this after playing online poker...?

 

[Chu]

Originally posted by: CorporateRecreation
you needed to say this after playing online poker...?

Except I make money playing online poker. I'm up several thousand for the summer. It would take me losing 121 tourneys IN A ROW to reach break even at this point, which would be playing 5 days streight and loosing every single time.

 

[FrogDog]

Originally posted by: Ameesh

Originally posted by: MacBaine
You put in $100, got back $500... what the hell are you complaining about?

yeah, i am lost

You're lost...? He could have had $1,900 but instead has $500. Yeah it's tough to figure why he's upset.