letsgiveitaspin gambling fraud

[badod33592]

Hi,

I have lost a lot of money following letsgiveitaspin "fact" of "When there is gabling 50/50 a choice" there is a law that says the casino/slot provider has to have a 50 probability to win. Again and again I have clips of him stating this is a "fact", not something he heard about.

This becomes a problem when he is a streamer that promotes casinos and his statement is a lie. His main goal is to make you (his audience) play as much as possible and I would say these kind of statements is against gambling laws.

I will send the clips and my findings forward to the different gambling regulation sources to get a verdict.

Before slotspinner posts. Slotspinner and anyone else who wants to try it out:

1. Always gamble your wins on red (use a lower initial stake)
2. Record your gambling wins on bets over 10x stake

You should have a 50% on #2 right? Lets see if anyone have over 50% for #2 after gambling 50 times. If everyone has lower win rate then 50% it's quite obvious that this is just another trick for the streamers (mainly letsgiveitaspin) to have you loose your money faster.

So Slotspinner, letsgiveitaspin or any other streamer, try this out live and show the result, I'v lost a lot from following your advice (50% win chance is a better rtp then all other casino games, so not that strange to follow the advice).

[Goksman]

Letsgiveitaspin and slotspinner always share gamble responsible message even to the point where they say, "just don't gamble, watch us instead" and "gamble for fun and what you can afford to loose." They are probably the best streamers out there in terms of transparency.

In response to your "50/50" comment, what game are you trying to prove this theory on? 

If its a "gamble feature" your argument is null as payout is based on RTP not gambling your winnings.

50/50 however, has been referred to on live games such as roulette, baccarat etc. 

Trying to blame others for your gambling practises is not the solution. If you need help with gambling, there are many tools available online.

[LikeLuckyCloud]

isnt it the same with roulette? sometimes it hits 8 reds or 8 blacks in a row

doesnt mean its rigged, each spin its a new 50/50 chance maybe less with the green being there.

would it be rigged if each time you went for black and it hit 5 times in a row? probably not cause then you would be happy!

 

Also its not his fault you lost your money on these inside game gambles

you decided to do that yourself.

[badod33592]

1 minute ago, LikeLuckyCloud said:

isnt it the same with roulette? sometimes it hits 8 reds or 8 blacks in a row

doesnt mean its rigged, each spin its a new 50/50 chance maybe less with the green being there.

would it be rigged if each time you went for black and it hit 5 times in a row? probably not cause then you would be happy!

 

Also its not his fault you lost your money on these inside game gambles

you decided to do that yourself.

Ofc that might be the case, but if my findings is similar to dreams minecraft record then its probably not true. Try it out yourself.

The real problem is that I got an finacial advice from a public live streamer with hundreds  of viewers telling me it's a "fact" that this method is more effective then any other casino game rtp. Was it my fault to follow the advice? Is it legal to give that advice in the first place?

[badod33592]

LikeLuckyCloud, forgot to mention there is a big difference to give that kind of advice as a public figure with a goal to make make people gamle as much as possible

[badod33592]

Goksman, not sure what you are talking about, if I can provide 4 clips of letsgiveitaspin saying that in slots, if there is a 50/50 gambling feature, where they by regulation then HAS to give you a 50% chance of winning, will you then give back all my losses to this feature if it's not true? Go try it out yourself?

The point I'm making is that there are regulations in Sweden and EU for what you can do as someone who makes a profit of people gambling away their money. If you make people gamble on statements that is not true you will have a big problem.

[Goksman]

You sound like the perfect candidate for Roshteins 0-1million plan

[badod33592]

4 minutes ago, Goksman said:

You sound like the perfect candidate for Roshteins 0-1million plan

Ehm ok, good one, when you dont have something to contribute with you might as well try some oneliner i guess.

[Slotplayer]

What is the issue? It is a 50/50 chance equal chances of getting 7 in a row on red as 7 in a row on black. It doesn't alternate, there is no pattern, you can't predict the result.

[Skephan]

Oooo when you'e would see what I saw in my life with gambling odds.... Seen dealers pull 9 21's in a row with BJ, Zero' falling 4 times in a row with roulette. It's a 50 % chance ... it says chance !! You can't say because it's now red the next will be black because it's 50/50 it can be red for infinity !!!! That's how chances work.. and then even consider that the house alsways wins these games are not designed to give you a positive rtp son. 

 

Grow up and stop gambling if your posting childisch blames like fraud ect. when you've never even encountered fraud rogue casino's like for example BPLAY.org 

[badod33592]

@Slotplayer @Skephan It's funny to see you guys try to diminish my argument. So you are saying, that if you follow my #1 and #2 in my original post you would have a different result?

Skephan, "It says chance"..... Let me try to make it more clear. Ofc I know there is a chance, the problem is when a public streamer with hundreds of viewers with a goal of making people gambling away their money, gives a advice to gamble with 50% chance when the statement in fact is false.

And if you imply it's just bad luck from my part, then record a session where you have different results? Lets see a recording of a 50% gambling following my #1 and #2 list and see? Maybe people on the forum will try it out and show their results, lets see if anyone is even close to 50%?

[vanHooff]

@badod33592 Hey there.  The forum thread title is a bit provocative and may lead to less than serious reponses.

I know of Nevada /  Las Vegas regulations that have prescribed for decades that if dice or cards are represented in gambling games, for example videopoker, the gambling based on those must be the same as the true chances of rolling the dice or pulling the cards.

I do not know most of other countries regulations in detail, but I find it plausible that in Swedish law for licensed online gambling, similar requirements exist. This because customer protection is a base rule in Swedish regulation. Also I have found some similar although not exactly relevant technical requirements to your complaint in chapter 15 of following document:  
https://www.spelinspektionen.se/globalassets/dokument/engelsk/oversatt-spellagen/english-lifs-2018_8-regulations-and-general-advice-on-technical-requirements-and-accreditation-of-bodies-for-inspection-testing-and-certification-of-gambling-service-providers.pdf

Someone with more in-depth knowledge of Swedish gambling laws than mine will know for sure if gambles based on cards in online slots should represent the true card odds. If so, the slot should be certified for that or pulled from Swedish market.

Other than the above:
- I would not know if Letsgiveitaspin should adhere to some Swedish marketing rules or not.
I am not even sure if his streams are targeted at the Swedish market.
- I see no proof that the red/black gambles in Book of Dead do not represent the true card odds.
For all I know that game could be certified for giving true odds on the gambling.
  

[dublinjay]

Its very childish to say you lost money because of watching letsgiveitaspin  . I know its not easy but  If you can't deal with a loss , try to stop gambling . 

If you just want to analyze more about this 50/50 thing just take a coin keep flipping it and write down the results and also patterns which occur . 

[badod33592]

@vanHooff we will se, the swedish goverment have the same slot games, but they have never stated that gambling after a win is equal to having a 50% to win if there is a 50/50 choice. I know my stats, and encouraged anyone else to try out his advice. Please try it out yourself and get back to me if you are above 50% after 50 tries.

There is strict rules how to promote gambling and not ok to making false statements making people loose money, especially if you are a streamer with hundreds of viewers with the goal of having people loosing money.

[badod33592]

@dublinjay ok, so if a bigger streamer (i know you probably hate rosh for example) says that if you play reactoonz with 50 EUR bets instead of 1 EUR bet then you have 100% rtp instead of 98%. You would be ok with that even if its not true?

It would make people bet more and loose more, and is ofc what all streamers want.

And again, if you think my original statement is false, try it out yourself. Or even better, tell your favorite streamer to try it out recorded live, lets see if anyone gets over 50% winning chance.

[Hoops9]

16 minutes ago, badod33592 said:

@dublinjay ok, so if a bigger streamer (i know you probably hate rosh for example) says that if you play reactoonz with 50 EUR bets instead of 1 EUR bet then you have 100% rtp instead of 98%. You would be ok with that even if its not true?

It would make people bet more and loose more, and is ofc what all streamers want.

And again, if you think my original statement is false, try it out yourself. Or even better, tell your favorite streamer to try it out recorded live, lets see if anyone gets over 50% winning chance.

Hi

Your showing signs that you may have a problem with gambling.

Your taking your frustrations out on the wrong people.

No one has forced you to spend the money you have lost and looking to blame other people is a big red flag that you may have an addiction to gambling.

It's common that people who are struggling with gambling will look to blame the game, other people.. basically anyone else apart from themselves.

If you have lost alot of money you need to stop right away.. speak to friends, family or a professional organisation who can start the process and getting the support you may need.

But before all of that you need to want to change.. you need to identify thay the things you have said in this thread relates to someone who is not seeing that they may have problems gambling.

If you need any support or anything then my inbox is always open.

It can seem extremely scary at the start and your defense mechanism will be to blame everyone else.. but you are the only one who has gambled that money and I hope you take the time to step back and see that there will be mountains off support if you decide you want it.

Stay safe and just to repeat. My inbox is open if you need someone to talk to.

Much love

#ReelDosser

[Slotplayer]

1 hour ago, badod33592 said:

@Slotplayer @Skephan It's funny to see you guys try to diminish my argument. So you are saying, that if you follow my #1 and #2 in my original post you would have a different result?

Skephan, "It says chance"..... Let me try to make it more clear. Ofc I know there is a chance, the problem is when a public streamer with hundreds of viewers with a goal of making people gambling away their money, gives a advice to gamble with 50% chance when the statement in fact is false.

And if you imply it's just bad luck from my part, then record a session where you have different results? Lets see a recording of a 50% gambling following my #1 and #2 list and see? Maybe people on the forum will try it out and show their results, lets see if anyone is even close to 50%?

But what he said is right.... you have an equal chance of hitting red or black. There are only two possible outcomes. Once that gamble is finished, the next gamble starts. There is no history or memory. Each gamble is independent.

[badod33592]

@Hoops9 I'm doing just fine, get back to me when you have tried the advice from letsgiveitaspin. As I said, try it on a lower stake, and if you have a problem dont try it at all ofc.

Much love

Just now, Slotplayer said:

But what he said is right.... you have an equal chance of hitting red or black. There are only two possible outcomes. Once that gamble is finished, the next gamble starts. There is no history or memory. Each gamble is independent.

Ok, so you have a recording, or at least tried it yourself? Hitting on red or black (50%) chance and have managed to get close to 50%? I dont know if you stream but it would be fun to see that live

[Slotplayer]

6 minutes ago, badod33592 said:

Ok, so you have a recording, or at least tried it yourself? Hitting on red or black (50%) chance and have managed to get close to 50%? I dont know if you stream but it would be fun to see that live

I don't need to gamble or stream for that.... all I have to do is flip a coin and I know that I have a 50/50 chance of hitting heads. It may hit heads three times in a row but it still is a 50/50 chance.

[Hoops9]

2 minutes ago, badod33592 said:

@Hoops9 I'm doing just fine, get back to me when you have tried the advice from letsgiveitaspin. As I said, try it on a lower stake, and if you have a problem dont try it at all ofc.

Much love

I'm glad to hear your doing ok.

In relation to the 50/50 that your mentioning..

If you flip a coin 50 times you dont always get 25 heads and 25 tails.

However over a extremely large sample size the law of averages says it will equal itself out.

That's the same for these 50/50 gambles.. you cant just complain when you dont hit a 50/50 gamble or it hits 8 reds in a row... there will be times it hits 8 blacks in a row.. its just how 50/50 gamblrs work.

I appreciate what your saying however it doesnt actually add up or make sense.. you are just complaining thay you havent won as many gambles as you think you should of.

Take care

[dublinjay]

1 hour ago, dublinjay said:

If you just want to analyze more about this 50/50 thing just take a coin keep flipping it and write down the results and also patterns which occur .

 

30 minutes ago, Slotplayer said:

all I have to do is flip a coin and I know that I have a 50/50 chance of hitting heads. It may hit heads three times in a row but it still is a 50/50 chance.

 

32 minutes ago, Hoops9 said:

If you flip a coin 50 times you dont always get 25 heads and 25 tails.

When the OP finally flipped the coin , rigged ? 

 

[badod33592]

Just now, Hoops9 said:

I'm glad to hear your doing ok.

In relation to the 50/50 that your mentioning..

If you flip a coin 50 times you dont always get 25 heads and 25 tails.

However over a extremely large sample size the law of averages says it will equal itself out.

That's the same for these 50/50 gambles.. you cant just complain when you dont hit a 50/50 gamble or it hits 8 reds in a row... there will be times it hits 8 blacks in a row.. its just how 50/50 gamblrs work.

I appreciate what your saying however it doesnt actually add up or make sense.. you are just complaining thay you havent won as many gambles as you think you should of.

Take care

Ok, I dont know if you how probability works. ofc what you are describing can happen, but even if only you try this 50/50 advice and get a similar result as me it's astronomical unlikely to be 50% chance.

So my last question to you is. What do you think should happen if 5 or 10 people have the same result? Then it clearly shows that it issnt 50% chance? If someone have lost thousends of EURs because they in the back of their mind have the streamer/affiliate advice "gambling your win in a 50/50 the casino/slot provider by law have to give a 50% chance to win (which is higher then any casino table game)"

I know how it works with giving financial advice, what makes this different?

8 minutes ago, dublinjay said:

 

 

When the OP finally flipped the coin , rigged ? 

 

Another productive post I see, farming forum points?

[Skylined87]

4 hours ago, badod33592 said:

Ok, I dont know if you how probability works. ofc what you are describing can happen, but even if only you try this 50/50 advice and get a similar result as me it's astronomical unlikely to be 50% chance.

So my last question to you is. What do you think should happen if 5 or 10 people have the same result? Then it clearly shows that it issnt 50% chance? If someone have lost thousends of EURs because they in the back of their mind have the streamer/affiliate advice "gambling your win in a 50/50 the casino/slot provider by law have to give a 50% chance to win (which is higher then any casino table game)"

I know how it works with giving financial advice, what makes this different?

Another productive post I see, farming forum points?

"the probability of each winning event occurring, or such information as may reasonably be expected to allow the customer to calculate the probability that the event will occur. The nature of some games may mean that the game itself provides sufficient information, for example, the likelihood of rolling a six on a six-sided dice would not require further explanation."

From UKGC website here: https://beta.gamblingcommission.gov.uk/manual/remote-gambling-and-software-technical-standards/rts-3-rules-game-descriptions-and-the-likelihood-of-winning

Gambling shouldn't ever be taken as "financial advice" neither is advertised by Letsgiveitaspin as such. What was stated was facts, which you can see in the text & link I have posted. If the slot provider operates in the UK (which most of them do) they need to adhere the rules set by UKGC even though they operate in many other markets. So the likelihood of "flipping the coin" or picking between "red and black card" would always be 50% (doesn't apply to roulette as there is a green 0 on it, sometimes even double 0).

[Hemohesi]

Lol. 

Tuu much stupidity for me this early on saturday.

 

 

[dirtystack]

Not all of the providers handle the win gamble feature in the same way either.

Some show a wheel and it is stated to be true odds - the wheel may look 50% red/50% green to the eye but it is actually 52% red/48% green

Some of the 50/50 card picking gambles will state in the games help file, and it is this way for the particular provider you have supplied a screenshot from IIRC, that the gamble feature adheres to the 96% (or whatever) rtp like the main game.  

This will blow your mind - it doesn't actually make a difference what card you pick - if there is a red or blue option it is just 2 buttons that both say "gamble" it doesn't matter which one you pick as they are both the same button - you are not picking a color by pressing it - you are just choosing, when picking, whether to gamble or not: the result - win/lose is determined after you press this gamble button. You have the choice gamble/collect - the different colours/suits are an illusion of further choice. If you pick spades/black and lose and the game shows that it was a heart/red- it wouldn't have mattered if you had picked the heart/red, the game would just display spade or club/black.