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#1
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Purple Lounge Owns Me
I'm afraid of posting in BBV, and I'm looking for a little information in addition to venting a bit, so that's why I'm posting this here.
I have played the monthly at Purple Lounge Casino the last two months. Deposit $300, get $300 bonus after completing $7500 of wagering. If you bust, they dont credit the bonus until you've met the wager requirement, so you have to redeposit and keep playing in order to get the bonus. No BJ allowed. They allow VP, but I've been playing 3CP instead because I thought I could play it and clear it faster and was willing to give up a little EV to get through it quicker. I play $10 a hand on the ante only and only play Q64 or better (except for the occassional misclick). In July, I had to make $1,000 of deposits to get to $7500 (three $300 deposits and one $100 deposit). I ended up withdrawing $408, for a net loss of $892 gambling (on $7500 in wagers) and a $300 bonus. In August, I deposited $1,500 (five $300 deposits), and withdrew $560, for a net loss of $1,240 gambling (on $7500 in wagers) and a $300 bonus. Given that the HA is about 3.5% or so, I should likely end up down nearly $260. In the first month, I lost 3.5 times the expected loss, and the second month I lost nearly 5 times the expected loss. For the math/statistics folks out there, how likely is this? I've had bad runs before, but it just seems unreal to me that I could have a run like this two months in a row. Needless to say, I dont think I will be going back to Purple Lounge. |
#2
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Re: Purple Lounge Owns Me
Variance baby Variance
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#3
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Re: Purple Lounge Owns Me
Funny how I just tried a 3 card poker bonus on Giant Vegas. Busto betting $5 on ante so 10 afterwards. Amazing how fast your money gets drained. At $10 a bet 1000+ losses does not seem out of the ordinary from what I just experienced.
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#4
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Re: Purple Lounge Owns Me
[ QUOTE ]
Variance baby Variance [/ QUOTE ] Exactly. For everyone who complains about busting, there is someone who won the same amount. |
#5
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Re: Purple Lounge Owns Me
[ QUOTE ]
[ QUOTE ] Variance baby Variance [/ QUOTE ] Exactly. For everyone who complains about busting, there is someone who won the same amount. [/ QUOTE ] But has anyone won the same ammount? I don't see anyone posting a win here yet. If you've had results outside of 3 standard deviations then the odds of that are about 1 million to 1. |
#6
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Re: Purple Lounge Owns Me
I bustoed 1 deposit I know of someone elese who gave up after 2
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#7
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Re: Purple Lounge Owns Me
[ QUOTE ]
[ QUOTE ] [ QUOTE ] Variance baby Variance [/ QUOTE ] Exactly. For everyone who complains about busting, there is someone who won the same amount. [/ QUOTE ] But has anyone won the same ammount? I don't see anyone posting a win here yet. If you've had results outside of 3 standard deviations then the odds of that are about 1 million to 1. [/ QUOTE ] Winners are not as likely to come brag in this forum as losers are to complain. Your probability assessment is not correct. |
#8
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Re: Purple Lounge Owns Me
After some redeposits, I won playing Aces and Faces. Just the bonus amount.
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#9
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Re: Purple Lounge Owns Me
I busted Purple Lounge last month after $500 of WR ($10 a hand playing 3cp) so I decided to cut my losses and never play there again *sigh*
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#10
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Re: Purple Lounge Owns Me
Me too. I hate this place. I think their payouts for A&F video poker are scaled down so the HA is actually a lot higher. I'll never play at this place again either.
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