OnceDear's Blog

>100% deposit match promo



goes to show that +EV moves are still 'gambling' as the chance for failure did loom



>I just have to hope that the funds arrive some time in the next week or so



that's the part I can not accept. I'm still a hold-out when it comes to online gambling

Thanks ODG,

I was unreasonably reckless at the start of play. I COULD have met the wagering requirements with negligible risk and virtually guaranteed a modest profit ( subject to them letting me get away with stuff ) but instead I threw down some big wagers to try to save time and be greedy* and just ran bad for a what was only a few minutes. I cursed myself as I went to bed having thrown away my advantage.

To be left with a big wagering requirement just to get my own money back was a dumb position to put myself in and I knew it.

On the next morning, I played pretty minimalist and had a long session of steady good fortune. To cash out at all was very lucky, but to cash out a big profit was icing on the cake. There is a bit more to this, which I'll share by PM.

You are not wrong to be wary of gambling online, but it's a case of estimating and mitigating the risks of default.

Well, I'd rather expected that the online casino MIGHT cry 'bonus abuse' and withhold my money.



But no. The profit from my Black Friday adventure just hit my bank account.



NICE!

its ok

Hmmmmmfffff.

Rang Paypal. Advisor said that there is no problem with my account and no log of an incoming transaction having been attempted or being rejected. I'm inclined to believe them and suspect he problem was at the casino. sending end, of the transaction. Have attempted to withdraw similar amount, spread over 2 smaller transactions. They are currently marked as pending and should arrive by tomorrow, on past form. Just in case PayPal are going to start messing me about, have pulled all my cash credit from there.



Meanwhile... caning the free play that the casino are falling over themselves to give me lately.

It really irks me when companies pull the "blame the other guy" routine. When that happens I do a three way (not the good kind) and make them talk to get me a resolution. Hope you get your cash.

Quote: VCUSkyhawk

It really irks me when companies pull the "blame the other guy" routine.

Funds came through OK on the retry.

So I accept that this was a transient system fault. I do think it was at the casino end and I was disappointed that they tried to blame PayPal.

Forgiven this time.

another online gambling story to horrify me - and this in the [comparatively speaking] paradise for gambling of the UK



I think this sort of thing bothers me more than the average guy



how does one go about laundering money this way anyway? I mean really. Usually today it involves having cash earned illegally on hand and you need to make it look legitimate. Seems to me Paypal would be getting the money after it was already laundered, unavoidably so, or what am I missing?

This was just a glitch in a £600 withdrawal. My take-away lesson is to only maintain a modest balance and not the rent money. It hasn't put me off the gaf or off online gambling in general.



Money laundering regs are a bit absurd. Basically the government insisting that there is always a 'know your customer' obligation for transactions over a few £K Having the ability to pretty much anonymously move funds from person a to person b with no audit trail seems to be what the Gov are concerned about. It's all pretty dumb and 'big brother ish' if you ask me.

I don't know if it was the casino blaming PayPal. It was probably the casino clerk simply blaming the outsider since otherwise he might have to actually figure out what was wrong and perhaps even rectify it himself.



I would never process transactions in the same amount, only similar amounts but never the same. You want to be able to differentiate transactions without worrying about the time of the transaction. So if someone puts 100 into my paypal account, I will withdraw 102 or the like.



Recently, everything got screwed up for me with my bank and Amazon.

I noticed that my bank account was processing this weird amount relating to an Amazon charge. What struck me as significant was not just that I didn't recognize the amount as a recent purchase but that the bank indicated the transaction was "processing" for hours and hours and hours. This meant that I could make no electronic inquiries about it during that time. After twenty or thirty cell phone minutes were wasted, I finally told the fraud division at the bank to cancel the transaction that had been "processing" for about twelve hours.



It turns out that it was my Amazon annual charge and they had failed to email me a reminder that it would be going thru my account as they would normally do three days before bank submittal. So now I can't watch Amazon videos, order from Amazon Prime or Amazon, see my orders list, or do anything.



I should have just let the darn thing be "processing" as long as the bank wanted to process it.

>Am I forgiven for only blogging my good sessions?



yes



and shame on me. I'm sure it is pure envy as my lifetime losses are in the negative column. Not too bad though, my main problem is I tip [see how the need to defend oneself pops up!] I've been think ing about blogging about my lifetime results. But it's harder when it is overall negative vis a vis your lifetime 'still up'



there I go again!

i started keeping track of my wins and loses (poker, vp, craps) for the past 4 years.

went up to +$17k then tumbled down to +$5k, then last year hit $10k worth of w2-g in $1 vp in 1 day!

im now at +$18k.

The great thing that I remain conscious of is that this entire bankroll started out at £100 buy in and I've had 4 1/2 years fun with it and I'm not done yet. I did once say that I'd quit completely if it went this bad, so I won't predict what I do when it's completely depleted. Probably lob in a fresh 10k.



LOL @ w2gs. We don't have to worry about tax on winnings here. It would be a b1tch to calculate and pay tax on each upswing and not get to reclaim it.

What game do you normally play?

Online RNG Perfect Pairs blackjack with house edge 0.41%

>my suspicion that it's teasing me.



If I ever run into a game that teases me with money, I'd allow myself to be teased fairly indefinitely. In other words, if these places will 'let you win' at small bets but not at larger bets, haven't you cracked the secret? I understand playing all day just to make enough money to buy a small bag of peanuts would get old, but this seems to be more than that.

I've got to pull the data together to show what happened when I tried to plod on towards £100 and ended up losing the lot.

Will update the chart soon.

So... There was the reasonably successful freeroll. I'd turned £2 into £50 and took a pause,

Here's what happened next...



I thought I'd try to grind that £50 up to £100. Big silly mistake.Succesfully ground it up to £73...

... Then lost the bloody lot. Oh-hum: It was a freeroll to start with.



But what the heck: Buy in for £100 to see what I could do.

Lost the bloody lot.



Buy in for £200 to chase back that £100

Lost the bloody lot.



Buy in for £500 to chase back that £300

Nearly lost the bloody lot: Lost £200 of that buy in and started to feel depressed.



Clawed, Gnawed and Ground my way back to recover that £800 worth of buy in + £1.50 profit. Time to rest.

It was a doubled up £70 wager that turned me round at the low point

OK. We resume the story...

I find myself having an online balance of £801.50, having just bought in 3 times and damned near losing £800. But clawing back my buy in was no compensation for the original £50 that I'd lost

The universe owed me £50 and I was going to fight for it. That £800 was my ammunition. So, back to the game. And it very nearly went tit-sup again. Certainly became another exercise in chasing losses.

I managed to turn that £801.50 into a pathetic £178 before beating the universe into submission and grinding my way to £852.50

Don't try this at home. It's how dumb ass degenerate gamblers spend their time.

Note the classic 'ramp and plummet' pattern to the chart. It was a consequence of generally playing 5,10,15,20,25 progressive..

I try hard to not be cynical but in spite of it wind up being suspicious about how your sagas always get you back to even, but glad you did

Sorry for the cynicism. So by way of atonement,

Is this software supplied by the casino?

Quote: FleaStiff

Is this software supplied by the casino?

well, we can't call it 'hit and run' but your gambling style does seem like a version of 'quit when you [finally] are ahead'

This right here is exactly why I will never touch online gambling again. Too easy for addictive behavior. When I go to Vegas I bring a set amount of cash and lock my CCs in the hotel safe. I dont know how much of these funds are very disposable, but perhaps you should consider deleting your online account and only do brick and mortar casinos to reign in that behavior.

Thanks for the comments guys, and for caring about my 'addiction'

No. It's not hit and run. It's abject stupidity.

I quit ( rest ) when I'm ahead by a few tens or hundreds of £££

Fortunately, I'm sane enough to also quit ( pause ) when the losses exceed my predefined spending.

So it was, March/April where I had a bunch of back to back lost buy-ins that came in at a couple of thousand quid. When I returned to the game, this month, it was not with the intention of chasing losses from those sessions, and it's extremely lucky I didn't, or I would have needed to buy in to the tune of >£10k, just to have a half decent chance.

Now, to set your mind at ease, all this spending is and always has been well within my affordable entertainment budget.

There is, some risk, which I've mentioned in private to a few folks. I will be coming into a lot of money soon. It could potentially burn a hole in my pocket and I COULD go crazy.

I'm taking steps to restrict my chance of going rogue, including placing limits on my account and putting the funds out of easy reach... A bit like having a gun in the home and a family history of irrational behavior.