The United States is home to some of the most famous and well-known casinos in the world. The Las Vegas strip alone has over 60 casinos, many with historic roots and extravagant amenities. Casinos are meant to be exciting and fun, but they are also built on a foundation of deception and greed. There’s a reason why these types of casinos are called scams, because they prey on people’s desires to win big. From slot machines to roulette tables, these casinos prey on unsuspecting customers with promises of riches while simultaneously taking their money. Here are some frauds that you might encounter at your favorite casino.
The World’s Biggest Casino Scams
Slot machines are used to prey on customers. They make a lot of money, but they also have high failure rates, which means that not very many people win.
Roulette is a game where you bet on a ball landing in one of 36 numbered pockets. The odds are calculated and the ball lands in a certain pocket at least once every single game. But there’s also an element called “the wheel.” This is where the roulette wheel determines if your bet will pay off or not. If the wheel lands on red, then you lose your bet, but if it lands on black, then you win big! What makes this scam so successful is that roulette wheels are adjusted to make it impossible for players to win.
If you love slots and want to ensure that you win more often than you lose, then play at a casino with progressive jackpot games. These games have jackpots that continuously increase until someone wins them all out. That's why these games are constantly being won by new players as soon as they get started playing them!
4 Examples of the Biggest Casino Scam
1. High-Roller Scam
The high-roller scam is one of the most common scams in casinos. This scam occurs when the casino changes their rules, making it impossible for the customer to win. The player is then forced to pay a huge sum of money just to continue gambling.
2. See-Saw Scam
The see-saw scam is also common in casinos. The player plays a slot machine that offers some form of free play with no expiration date. However, upon playing this game, they will find that the game starts to close after a set amount of time and they are only given a few minutes left to play the game before it closes completely and they lose all their money. They then have to pay large sums of money just so they can keep playing that same slot machine again or another slot machine on their floor.
3. Dealer Bonuses
Dealers are incentivized by casinos to offer bonuses during certain times or games, but these bonuses often take up most or even all of your winnings once you receive them, making it impossible for your next winning hand to be bigger than your previous winning hand if you’re still at the table when this happens.
4. Free Games Scam
Casinos often give out complimentary games as part of their promotions, enticing customers with promises of free winnings and prizes in order to keep them at the casino longer and spend more money there; however, once these players leave these tables.
The Crown Casino Heist
The Crown Casino in Melbourne was one of the most famous casinos in the world. It has now been re-branded as Crown Melbourne, but it has a long history of scams. In 2002, four men robbed $35 million from the casino by disguising themselves as police officers and demanding that their money be transferred to them.
The four robbers were caught after two days because they had used their own ATM cards to withdraw cash from an outside bank account. They had also left behind a passenger van with an unpaid parking ticket inside. The four men were sentenced to ten years in jail and ordered to pay back $1 million each.
The Biggest Robbery
It’s said that the biggest robbery in history took place at the Bellagio casino in Las Vegas. The Bellagio was a popular tourist destination, with its grand architecture and luxurious surroundings. It was also home to one of the most famous slot machines, which was known for its $1,000,000 jackpot. However, this jackpot only came around about once every 100 years. When it did come up, it would take hours for people to count their earnings as they poured out of the machine.
Several months later, a mechanic named Michael Magidson stole thousands of these dollars from the slot machine by inserting quarters into a mechanical arm that transferred them into his pocket. This man had been employed by the casinos for several years and knew exactly how the machines worked and where they stored their money. He also knew when to stop counting so he could steal at least $100,000 without getting caught.
Once again, hundreds of people were left with nothing but disappointment and empty pockets as they watched their hard-earned money walk away from them over and over again.