Steve what do you get out of losing so much money?

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  • #93025
    Anonymous WANTED $0
    Inactive

    Steve, I watched your video from a few days ago were you showed your overall loss on video slots since 2017 which was about 171k.

    This is a staggering amount of money lost and also not that surprising given the amount of wagering you do.  I would imagine it’s a similar scenario on the other casino sites you use.

    The casino always wins in the long run because of the RTP (house edge).  If you carry on with this, these losses will just continue over time.

    You must have spent hundreds of hours sitting there spinning slots for what? A huge loss of money.  Just can’t get my head around it man.

    From what I can see, you arent even using deposit bonuses which would at least tip the value in your favour.

    I’m genuinely interested in why you do it. It seems utter madness to me.

    #93030
    The devil WANTED $76
    Outlaw

    To put it as simple as possible unfortunately this is gambling you accept the loss as it is entertainment, just like going to the cinemas or anything you spend money on for entertainment, except unlike other suggestions you can gain money as well entertain yourself or spend money to entertain yourself which you would do for anything other thing.

    if your not a gambler yourself then you will probably never understand can not really put it any simpler than that.

    #93031
    Bambigotshot WANTED $14
    Blocked

    Larry Longballs wrote:

    Steve, I watched your video from a few days ago were you showed your overall loss on video slots since 2017 which was about 171k.

    This is a staggering amount of money lost and also not that surprising given the amount of wagering you do.  I would imagine it’s a similar scenario on the other casino sites you use.

    The casino always wins in the long run because of the RTP (house edge).  If you carry on with this, these losses will just continue over time.

    You must have spent hundreds of hours sitting there spinning slots for what? A huge loss of money.  Just can’t get my head around it man.

    From what I can see, you arent even using deposit bonuses which would at least tip the value in your favour.

    I’m genuinely interested in why you do it. It seems utter madness to me.

    It is a business, as well as I suspect fun for the Bandit, creating videos will generate losses as the RTP is in the casino’s favour.  However without the videos the affiliation income would not have been generated.    It’s like fitting solar panels to the house, large outlay but profit overall in the end.

    Although his latest video was some pretty expensive solar panels

    #93032
    Dynamik23 WANTED $82
    Outlaw

    Bambigotshot wrote:

    Larry Longballs wrote:

    Steve, I watched your video from a few days ago were you showed your overall loss on video slots since 2017 which was about 171k.

    This is a staggering amount of money lost and also not that surprising given the amount of wagering you do.  I would imagine it’s a similar scenario on the other casino sites you use.

    The casino always wins in the long run because of the RTP (house edge).  If you carry on with this, these losses will just continue over time.

    You must have spent hundreds of hours sitting there spinning slots for what? A huge loss of money.  Just can’t get my head around it man.

    From what I can see, you arent even using deposit bonuses which would at least tip the value in your favour.

    I’m genuinely interested in why you do it. It seems utter madness to me.

    It is a business, as well as I suspect fun for the Bandit, creating videos will generate losses as the RTP is in the casino’s favour.  However without the videos the affiliation income would not have been generated.    It’s like fitting solar panels to the house, large outlay but profit overall in the end.

    Although his latest video was some pretty expensive solar panels

    Seen you spout about affiliation on about 4 posts now. You haven’t been here very long as bandit has posted numerous times the numbers he has got from affiliation and explained each deal he gets from each casino most of which are a one time payment. The reason he can gamble so heavily in recent months/years is reel king and wild swarm. He has shown that he is “healthily” up on the game and I believe even bought the house he owns now and for some reason his missus a god ugly car ?. You don’t know his other sources of income and he has no obligation to tell us either. From what I’ve heard and seen directly from bandit suggest he maybe made some money at the start from affiliation but it’s non existent nowadays.

    #93039
    Anonymous WANTED $0
    Inactive

    Dynamik23 wrote:

    Bambigotshot wrote:

    Larry Longballs wrote:

    Steve, I watched your video from a few days ago were you showed your overall loss on video slots since 2017 which was about 171k.

    This is a staggering amount of money lost and also not that surprising given the amount of wagering you do.  I would imagine it’s a similar scenario on the other casino sites you use.

    The casino always wins in the long run because of the RTP (house edge).  If you carry on with this, these losses will just continue over time.

    You must have spent hundreds of hours sitting there spinning slots for what? A huge loss of money.  Just can’t get my head around it man.

    From what I can see, you arent even using deposit bonuses which would at least tip the value in your favour.

    I’m genuinely interested in why you do it. It seems utter madness to me.

    It is a business, as well as I suspect fun for the Bandit, creating videos will generate losses as the RTP is in the casino’s favour.  However without the videos the affiliation income would not have been generated.    It’s like fitting solar panels to the house, large outlay but profit overall in the end.

    Although his latest video was some pretty expensive solar panels

    Seen you spout about affiliation on about 4 posts now. You haven’t been here very long as bandit has posted numerous times the numbers he has got from affiliation and explained each deal he gets from each casino most of which are a one time payment. The reason he can gamble so heavily in recent months/years is reel king and wild swarm. He has shown that he is “healthily” up on the game and I believe even bought the house he owns now and for some reason his missus a god ugly car ?. You don’t know his other sources of income and he has no obligation to tell us either. From what I’ve heard and seen directly from bandit suggest he maybe made some money at the start from affiliation but it’s non existent nowadays.

    <span style=”text-decoration: underline;”></span>You can’t ‘healthily’ be in profit on any game, certainly not in the long term anyway.  It simply isn’t mathematically possible as the RTP is below 100% on every single game.

    He is 171k in deficit on video slots and will likely be similarly down on other casinos.  With this much loss, he must be making a hell of a lot of money from affiliation if he has bought a house with the profits!

    #93041
    Anonymous WANTED $0
    Inactive

    The devil wrote:

    To put it as simple as possible unfortunately this is gambling you accept the loss as it is entertainment, just like going to the cinemas or anything you spend money on for entertainment, except unlike other suggestions you can gain money as well entertain yourself or spend money to entertain yourself which you would do for anything other thing.

    if your not a gambler yourself then you will probably never understand can not really put it any simpler than that.

    Sorry but I don’t get how losing money can be in any way entertaining.  If it’s not profitable, what’s the point?

    I gamble but do it with an edge by using bonuses which puts the value in my favour.  I’ve made a decent amount of money over the years.  Although offers have been on the decline in recent months and I’m making less and less.  At some point soon when it’s no longer profitable I will stop.  I certainly won’t start straight gambling like some degenerate as I will lose.

    #93042
    The devil WANTED $76
    Outlaw

    So in other words you gamble for the money, if you have any interest in horse racing or football or anything like that it’s the entertainment factor, making a profit is a bonus, don’t get me wrong if every time I gambled I could make profit I’d be over the moon but it doesn’t happen so if you don’t gamble for entertainment then I don’t get that, if your gambling to make money then you’ve got the wrong thinking and when you say as soon as it becomes non profitable you will stop well you should stop now because no matter how many deposit bonuses you take that doesn’t mean your gonna make any money but not looking for an argument you gamble to make money whereas I do it for the entertainment of it, if I win great if I lose tough I’ll try again another time.

    #93043
    Anonymous WANTED $0
    Inactive

    The devil wrote:

    So in other words you gamble for the money, if you have any interest in horse racing or football or anything like that it’s the entertainment factor, making a profit is a bonus, don’t get me wrong if every time I gambled I could make profit I’d be over the moon but it doesn’t happen so if you don’t gamble for entertainment then I don’t get that, if your gambling to make money then you’ve got the wrong thinking and when you say as soon as it becomes non profitable you will stop well you should stop now because no matter how many deposit bonuses you take that doesn’t mean your gonna make any money but not looking for an argument you gamble to make money whereas I do it for the entertainment of it, if I win great if I lose tough I’ll try again another time.

    Point is when out and out gambling, you never make a profit, or should I say you are never in profit. You may well be up in any individual session but you are never in profit overall.

    I do what I do to make money only.  By taking value from the casino in doing their promotional offers, I’m gambling with an edge and effectively reversing the casino house edge.  I’ve been doing it for 4yrs and never had a losing month so it is profitable.  The value and quantity of promotion offers have been on the decline in recent months and I’m making less so there may be a point soon when it becomes non profitable.

    #93047
    The devil WANTED $76
    Outlaw

    I get what you mean, I just have a different opinion I guess I like the horses and football too and I go to games and have visited many racecourses over the years so for me I love the entertainment of it gambling is just the bonus for me I suppose and with slots I like playing certain games for the excitement, don’t get me wrong I’ve had some crazy wins I’ve had a wild line on DOA,12,000x hit on lil devil heart stopper to getting to the top floor of steam tower all kinds of shit but for me I can take a loss as long as I’ve had some entertainment don’t know whether you’d understand that but that’s just how i gamble tbh I think if I was more for the money I’d be pissed every time I did gamble because I wouldn’t enjoy it as you should know majority of sessions don’t go the way you want!

    #93054
    The Bandit WANTED $5,395
    El Bandito

    Through 2019 between Reel King and Wild Swarm i won over £1,000,000. I lost back around £350,000 of that. I bought my house from the winnings. I don’t much care whether that is believable or not, it happened, i know it did and in fact, i did a daily quite detailed account of a couple of times i attacked Reel King in the way i did at the time in threads on here, fully documented 6 figure winning runs.

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    #93057
    Xbobmad WANTED $734
    Outlaw

    The Bandit wrote:

    Through 2019 between Reel King and Wild Swarm i won over £1,000,000. I lost back around £350,000 of that. I bought my house from the winnings. I don’t much care whether that is believable or not, it happened, i know it did and in fact, i did a daily quite detailed account of a couple of times i attacked Reel King in the way i did at the time in threads on here, fully documented 6 figure winning runs.

    But that doesn’t fit the agenda ??

    The reel king threads are awesome, anyone in any doubt needs to look through them ??

    #93058
    Dynamik23 WANTED $82
    Outlaw

    Larry Longballs wrote:

    Dynamik23 wrote:

    Bambigotshot wrote:

    Larry Longballs wrote:

    Steve, I watched your video from a few days ago were you showed your overall loss on video slots since 2017 which was about 171k.

    This is a staggering amount of money lost and also not that surprising given the amount of wagering you do.  I would imagine it’s a similar scenario on the other casino sites you use.

    The casino always wins in the long run because of the RTP (house edge).  If you carry on with this, these losses will just continue over time.

    You must have spent hundreds of hours sitting there spinning slots for what? A huge loss of money.  Just can’t get my head around it man.

    From what I can see, you arent even using deposit bonuses which would at least tip the value in your favour.

    I’m genuinely interested in why you do it. It seems utter madness to me.

    It is a business, as well as I suspect fun for the Bandit, creating videos will generate losses as the RTP is in the casino’s favour.  However without the videos the affiliation income would not have been generated.    It’s like fitting solar panels to the house, large outlay but profit overall in the end.

    Although his latest video was some pretty expensive solar panels

    Seen you spout about affiliation on about 4 posts now. You haven’t been here very long as bandit has posted numerous times the numbers he has got from affiliation and explained each deal he gets from each casino most of which are a one time payment. The reason he can gamble so heavily in recent months/years is reel king and wild swarm. He has shown that he is “healthily” up on the game and I believe even bought the house he owns now and for some reason his missus a god ugly car ?. You don’t know his other sources of income and he has no obligation to tell us either. From what I’ve heard and seen directly from bandit suggest he maybe made some money at the start from affiliation but it’s non existent nowadays.

    <span style=”text-decoration: underline;”></span>You can’t ‘healthily’ be in profit on any game, certainly not in the long term anyway.  It simply isn’t mathematically possible as the RTP is below 100% on every single game.

    He is 171k in deficit on video slots and will likely be similarly down on other casinos.  With this much loss, he must be making a hell of a lot of money from affiliation if he has bought a house with the profits!

    I didn’t say he would stay healthily up. Like bandit has posted down below you can see how much he won and lost. I understand RTP and I have said it before if bandit carries on playing reel king at some point in time he will be around the RTP ie down. However because of the pot he accumulated that could take a long while. Effectively he does a altered martingale strategy but I believe the variance is even lower and when he wins “normally” it isn’t just his original stake he gets back so he can take a couple losses and still be up once he tops it. I believe bandit has said he thinks the original reel king had a bug with the first gamble ladder which is entirely possible and the fact they updated the game makes it even more possible, but I think it’s more than likely he just won more than he lost over a longer period but still a very short period in regards to expected value and variance. This is the thing that many people can’t understand, someone can quite possibly play years of slots and be winning but the longer you play the closer to the RTP you get and at some point intime after millions? Billions? of spins you will down. If I was the bandit I would never play reel king again as I do believe it will slowly take it’s money back but guess what my opinion is worthless, bandit is a adult who obviously enjoys playing the game so that’s all that matters.

    #93059
    allang84 WANTED $4
    Outlaw

    Slot videos and slot streaming is out of fucking control.  It is not relatable in any way to normal punters.  As much as I love the bandit it makes me sick to my stomach the thought of someone losing over 70 grand.  You could buy a house or flat  with that money.  Losing 70 grand is not the same as someone losing 70 quid or 700 quid and it never will be.  It will be interesting to see the last man standing when this cancerous gambling affiliate shite is finished off once and for all.

     

     

    #93061
    Anonymous WANTED $0
    Inactive

    The Bandit wrote:

    Through 2019 between Reel King and Wild Swarm i won over £1,000,000. I lost back around £350,000 of that. I bought my house from the winnings. I don’t much care whether that is believable or not, it happened, i know it did and in fact, i did a daily quite detailed account of a couple of times i attacked Reel King in the way i did at the time in threads on here, fully documented 6 figure winning runs.

    If you don’t mind me asking, what is your total accumulative profit/loss figure across all casino sites since you started gambling?

    #93062
    Anonymous WANTED $0
    Inactive

    allang84 wrote:

    Slot videos and slot streaming is out of fucking control.  It is not relatable in any way to normal punters.  As much as I love the bandit it makes me sick to my stomach the thought of someone losing over 70 grand.  You could buy a house or flat  with that money.  Losing 70 grand is not the same as someone losing 70 quid or 700 quid and it never will be.  It will be interesting to see the last man standing when this cancerous gambling affiliate shite is finished off once and for all.

     

     

    I don’t know the full logistics of affiliation but my basic understanding is that streamers/affiliates offer people financial incentives to sign up to casino sites through a link.  If this is the case then I think it’s disgusting as they are encouraging people to gamble and lose money with all the drastic consequences that carries.

    You are playing with fire, playing on these slots.  Yes we have seen they can pay but not in the long run.

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