The Bandits Big Loss.

Viewing 15 posts - 16 through 30 (of 57 total)
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  • #70646
    eejit101 WANTED $312
    Outlaw

    Larry Longballs wrote:

    Just seen this video.  It seems a genuine video as he shows his deposit and withdrawal history.  However I find it unfathomable that anybody could be up £241k (£366k before the loss) from plain gambling his own money and not even using bonuses.  He must have done millions of spins on this slot on casumo and also other sites which he mentions he is also considerably in profit on so this isn’t a small sample size.  The RTP of this slot is also poor at 94%. Because of the RTP always being below 100% (and in this case considerably lower at 94%) the casino always has the edge long term so something isn’t adding up at all.  Perhaps the bandit can explain?

    Hey Larry. Allow me to shed some light.

     

    The way he plays this game is not based on RTP. The win he gets originally if he doesnt gamble is the RTP. So if he collects every win then on average he will win 94k per 100k bet. That’s pretty clear I hope.

     

    However, the bandit found a slight… flaw, if you can call it that… as this game has a true random gamble ladder. Every time he clicks that ladder gamble is independent. So it will win or lose based on a random choice. 50/50.

     

    Now you can manipulate this. If you bet say… £2. Your minimum “top” will be 1048quid. The odds of getting there before losing 1048quid are about 40% based on random chance and number of spins.  So you can take this and play it to your advantage. Once you need to win 1049quid to be in profit… you up the stake to 3quid. Now the top is 1500 minimum. So now he hits a top and he is still in profit.

     

    Over long enough time his odds of hitting the top before he has to win over 20k (minimum  top at max stake) are very positive.

     

    His actual way of playing this game, if he follows rules I made for him, stupid fucker, should net him about a 106% rtp over time. This will still include losses… as every 0.5% of sessions he will lose a shit load. But on avg he will make considerable profit.

     

    Easiest way to explain. Roulette. Red black. Bet 1 quid on red and if it loses double. If you have infinite money and infinite spins and infinite max bet you will always end up winning. Bandit is doing this… but without the infinity.

     

    You can beat the system. You just need bravery balls and a big balance.

    #70657
    Levskie101 WANTED $22
    Outlaw

    Thanks for the update Steve, really hit home when you spoke about that feeling in the pit of your stomach when a real bad loss happens. I think you are the most transparent creator when it comes to gambling.

    I would just like to point out for anybody not happy about the loss or negativity towards it, yes it’s a massive amount however if Steve didn’t play the game the way he did he would not be 600k up from it. He would of taken his first tops and possibly be 10/15k up, then he couldn’t of had a monster losing session and be in a right hole. It’s all relative and everyone needs to know the full story behind reel king!

    #70659
    Levskie101 WANTED $22
    Outlaw

    Could of had a monster losing session *

    #70665
    Haz40 WANTED $1,167
    Outlaw

    Larry Longballs wrote:

    Just seen this video.  It seems a genuine video as he shows his deposit and withdrawal history.  However I find it unfathomable that anybody could be up £241k (£366k before the loss) from plain gambling his own money and not even using bonuses.  He must have done millions of spins on this slot on casumo and also other sites which he mentions he is also considerably in profit on so this isn’t a small sample size.  The RTP of this slot is also poor at 94%. Because of the RTP always being below 100% (and in this case considerably lower at 94%) the casino always has the edge long term so something isn’t adding up at all.  Perhaps the bandit can explain?

    A good source has told me the rtp on the gamble ladder is 100%. This may explain the profit to you.

    #70666
    Anonymous WANTED $483
    Inactive

    I’ve got one question for el Bandito….would ya have raised the stake if you could have mate?

    And are you glad the max is 40 snakes a spin?

    #70667
    Haz40 WANTED $1,167
    Outlaw

    Just Basics wrote:

    I’ve got one question for el Bandito….would ya have raised the stake if you could have mate?

    And are you glad the max is 40 snakes a spin?

    I’ve asked that before mate. I did get an answer.

    #70669
    Anonymous WANTED $483
    Inactive

    Haz40 wrote:

    Just Basics wrote:

    I’ve got one question for el Bandito….would ya have raised the stake if you could have mate?

    And are you glad the max is 40 snakes a spin?

    I’ve asked that before mate. I did get an answer.

    Don’t keep me In suspence the ya bastard! ?❤

    1
    #70671
    Haz40 WANTED $1,167
    Outlaw

    Yes was the answer. Think i worded the question as a comparison to wild swarm having a max stake of £100.

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    #70672
    Anonymous WANTED $483
    Inactive

    Haz40 wrote:

    Yes was the answer. Think i worded the question as a comparison to wild swarm having a max stake of £100.

    Man ? just imagine a video of a session  on Reel King @ 100 a spin. That would be epic!

    1
    #70674
    Haz40 WANTED $1,167
    Outlaw

    Just Basics wrote:

    Haz40 wrote:

    Yes was the answer. Think i worded the question as a comparison to wild swarm having a max stake of £100.

    Man ? just imagine a video of a session  on Reel King @ 100 a spin. That would be epic!

    That would be a bit crazy. 50k double or nothing. ?

    #70675
    TeddyBare WANTED $4
    Outlaw

    Don’t post much, or ever really, and haven’t been watching you for as long as many here have been, and don’t like to think about my gambling history, not a positive subject for me. But I’ve been watching a few videos and seen the comments from many of the streamers of whom, I only really watch 3 frequently.

    Each in their own way are entertaining for me, I like to see the bonuses; I like to hear their (and your) frustrations and excitement, I enjoy watching the videos (although sometimes I may drop off to sleep and watch the rest in the morning). It doesn’t cost me anything to watch, and it passes an hour, or more of spare time.

    There will always be those who don’t trust what you say, and those that do, you’ll change some minds, others will change their own, but regardless as you say in your video, you can only say what you say, and do what you do, the rest is up to each individual.

    I understand those who say that watching these big wins may influence some, but I think an equal number watch to avoid gambling (my primary reason if I am honest with myself) and others see how long the bonuses take and how crap they often are, and realise the futility.

    You are good entertainment (and low cost for me at least) so for me I shall continue to watch, and will always have a hope that any losses are losses you can handle and the wins bring you joy you portray in your videos, the day they don’t, just give up.

    I’m not here to convince anyone, of anything, and these muddled ramblings may make little sense, but to each of us we must try and do what is safe for ourselves, and to use the protection we find works best, and most of all, enjoy life to the limits we are able to.

    Thank you for the video, and the explanation etc, I know some of the casinos are genuinely concerned about problem gamblers and do make the best decisions they can, often based on lies they are told, so they aren’t all bad, but they can probably all do better.

    Sorry to anyone who got bored reading all this, cos it really doesn’t say much, but it let me say some things I needed to for myself, and with that…. keep up the good work and look after yourself and those important to you.

    3
    #70677
    Hockers62 WANTED $7
    Outlaw

    Hi dude,
    I watch all your videos and you still amuse me, you seem a genuine guy.
    I remember when secret of the stones, Wonky and Immortal romance
    were you regular games, the one liners and moderate stakes, today you
    Play a little different stake wise but still produce entertaining commentary on your vids.
    that  really make me laugh out  loud, so keep up the good work .

    #70678
    benq99 WANTED $229
    Outlaw

    how about a £250 start small stakes i would enjoy that just as much as high stakes

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    #70679
    Chops26 WANTED $1
    Outlaw

    Hi Steve, just to let you know I watch your videos on a regular basis and think there great!

    I watch to see your strategies, one in particular…was wild swarm..you build with 0.20 and then go high stakes.  I’ve tried this twice and got 200x wins.

    I was up 1700 yesterday, but then lost this trying to get in the top symbol by setting this up on book of oz.  Lost it all at £60 a spin.  Promised I would only do 2/3 spins but got carried away.

    Any advice you can share which will help when you are up (apart from withdrawal it)

    Vic

     

     

    #70683
    ligarr WANTED $82
    Outlaw

    Just Basics wrote:

    I’ve not read any comments on this thread yet. Cos I don’t want to be influenced out of my own genuine personal opinion. I will however read em all after I post.

    Steve has been genuine from the very start until this day. And I’m so happy that he posted this video explaining and covering his thoughts on a 125k loss on Reel King. Just shows he hasent changed one iota from what he was years ago. And I proud as punch to be part of his journey into Legendism.

    However, I do disagree with him on some of his thinking in this recent loss. But like he says, he encourages the difference of opinion. Just don’t keep fucking saying it.

    I am truly proud of Steve, and anyone who thinks otherwise…..like saying he isn’t above board or in any way genuine.

    YOU NEED TO TAKE YOUR FACE FOR A SHIT.

    But he shoulda stopped at 75k in my opinion ?

     

     

    Double standards from you i see,didnt you slate fruity slots for having streamers that were funded to play(even though real cash still),yet now steve has mentioned he is 50/50 with a friend you say nothing…I ouldnt give a shit,Bandit/Rocknrolla are my 2 favourites to watch and i know its real money so couldnt carer less if 50% is his friends,but you went off on one when other streamers did it.

Viewing 15 posts - 16 through 30 (of 57 total)