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  #11 (permalink)  
Old 19th-May-2002, 05:15 PM
glodge Offline
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hi again,

Quote:
Our software is audited and be sure that we maintain a high payout rate.

Sorry but for someone who answered so strongly that the software
was audited, I would also assume you would know which big 5 auditing Company conducts the audits?

So what I understand that you are saying is :

The software is audited, is this Icrystal software or is this VPC software?
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  #12 (permalink)  
Old 19th-May-2002, 05:31 PM
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Hi,

I mean Icrystal software.

If you want, let me know your doubts by email to partner@goldenballscasino.com

I will explain you something about payouts rate, auditing, etc.

Victor,
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  #13 (permalink)  
Old 19th-May-2002, 06:00 PM
glodge Offline
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Quote:
Originally Posted by vperezr
Hi,

I mean Icrystal software.

If you want, let me know your doubts by email to partner@goldenballscasino.com

I will explain you something about payouts rate, auditing, etc.

Victor,



Victor,

Said without prejudice

Sorry but what I have to say will not be hidden by email.

Icrystal software is not audited, VPC software is not audited & your software is not audited!

You have advertised many times that your have been voted
the most honest Casino, by Gambling.com, but I find that your
honesty here leaves room for much improvement!

You see Victor, one of the problems with the Online Casino Industry
is that most gamblers are simply looking for a Casino/s that
tell it like it is.

Boasting things like you have just now, really only ruins the Industries
image a step further. Instead of taking a positive stand for & trying
to lift up the virtues & credibility of Online Casino's, you have like
most who become driven by the mighty buck, turn to throwing all
scruples out the preverbal window!

Instead of only trying to feather your nest, may I suggest you look
past the $ for a moment and consider, that if you did actually commit
to holding onto everything that was true & real, you would proberly
find your business would increase dramatically.

Honesty, integrity & morals go a long way these days!
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  #14 (permalink)  
Old 19th-May-2002, 09:05 PM
vperezr Offline
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:LOL:
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  #15 (permalink)  
Old 20th-May-2002, 12:42 AM
SlyCin56 Offline
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Cash processing fees have nothing to do with the payout percentages of games, audited or not.

They are costs of doing business, and are deducted from the gross profit of the casino, as in any business.
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  #16 (permalink)  
Old 20th-May-2002, 04:34 AM
glodge Offline
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Quote:
Suppose one thing: most of the Honest Casinos said that they pay 98% as payout rate. It is impossible because they must paid 5-10% in Ecash managment. In other words, according with these casinos if you spent 100.00 you will get 98.00 back to you. But How? if you spent 100.00 the Casino must paid 5-10.00 to the Ecash company and only the casino is selling about 90.00 - 95.00. Then explain me how these casinos can return to the player the 98% that in this case is $98.00. The casino will lose with all the players in these situations.
So, you can read that famous and honest Audit company show that these Casinos has a 97,98 or higher Payouts RATE. It is impossible. Be sure of that.

If you don't understand the basic mechanics of the overall payout percentages ( % of payout to what is wagered ), how on earth are
you going to know what is honest or not.
I can only retort with, what are you doing owning a Casino?
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  #17 (permalink)  
Old 20th-May-2002, 05:07 AM
glodge Offline
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Victor,

Quote:
In other words, according with these casinos if you spent 100.00 you will get 98.00 back to you. But How?
No it is not according to these Casino's that if you spend $100 you will
get $98 back. Please tell me Victor you are really not this credulous!


To help you attain; if only a basic understanding, lets say Jim or Judy
( can't be sexist ) drops $100 at an Online Casino. Today unfortunately
lady luck was not on their side. They did have a few small wins, but they
did their dough!

Along comes Harry or Heather & they happen to have a spare $20
they also play at this Online Casino. Well lady luck is on their side today
after playing for a few hours on their $20, they manage to cash out with
a tidy sum of say $500 ( just a figure could be anything )

( from personal experience I did spend $20 at a Microgaming Casino
and cashed out the sum of $8,300US after 6 hours of gambling time )

Now pay very close attention here Victor!!!

Just because you drop $100 a $1000 or even $10,000 this does not
mean that you will get a 98% return on your money.

It is taken on the overall amount of cash wagered by the Jims, Judy's
Harry's & Heather's over the set month. Against the amount of cash
won. This gives the percentage payout of the Casino games.

Understand now!
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  #18 (permalink)  
Old 20th-May-2002, 05:49 AM
glodge Offline
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To all GPWA Members & Guests,

My gung ho vigilance is a stand taken by what I represent and
honesty in this belief.

If there are those of us who feel passion towards the growth of
this Industry, must we not be steadfast & take an active role in
the preservation and cultivation of integrity & honesty.

The Online Casino Industry is in all reality our bread & butter!


Best Regards

glodge
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  #19 (permalink)  
Old 20th-May-2002, 02:25 PM
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  #20 (permalink)  
Old 20th-May-2002, 05:36 PM
glodge Offline
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Said without prejudice

I can remember when you started GBC.

First off there was that alleged incident between you & the IGC
( Interactive Gaming Council ) for displaying their banner
on your site without actually being a member. As I can recall
you were instructed to remove the banner post haste.

I have seen a lot of things & have said nothing, however I am
tired of hearing your shills, even more so sick of hearing people
complain about your constant bombardment of promo emails.

Awards such as "most honest casino " & so on that you boast
about, are only achieved by paying people to vote for you.
This in itself is not exactly what one would expect from a
Casino with high virtues.

Before you try to justify these actions by saying well everyone
else does it, would you also jump off a cliff if everyone else did!

In my opinion you have very little scruples & willing to say
just about anything to get people to play at your Casino.



glodge
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