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Ups and Downs – 5 True Stories About Online Casinos

We’ve put together a selection of stories about online casinos and people who play at them. Some of them have to do with hefty losses but we provide advice on how to minimize those losses and stay safe while playing. Let’s dive in and look at what happened to some players who had some unusual situations connected with gambling.

From Sheer Delight to Utter Disappointment

For many people, part of the attraction of playing at online casinos is the thrill you feel when you win. A thirty-year-old woman, Naomi from Nebraska, knows how it feels to win big, but also lose big shortly after.

Naomi was a new member at an online casino and was making the most of her welcome bonus. This particular casino gave out bonuses for a new player’s first few deposits, not just the first one alone. She decided to use her bonus money on one of the casino’s high volatility slots. If a slot’s volatility is high, this means it can give out large winnings, but doesn’t give payouts that often.

Needless to say, Naomi struck it lucky. She had a big win and earned a 12,000 coins win. Here’s the catch: she was using bonus money.

If you’re familiar with online casino bonuses, you’ll know that bonuses are usually too good to be true. Every bonus comes with terms and conditions that outline what the bonus’s rules, requirements and restrictions are. Most bonuses have wagering requirements. This information should be carefully learned before you can cash out any winnings earned while using the bonus.

According to the requirements, you have to play through one of the following a set number of times:

  • Your bonus
  • The combined total of your bonus and the deposit you made to receive the bonus
  • Your winnings

You can cash out your winnings if you satisfy the wagering requirements.

So what happened with Naomi? She hadn’t yet satisfied the wagering requirement for the bonus she was using. To do this, she had to keep on playing. Here’s where things turn bad for Naomi. By the time she was able to withdraw her winnings, she’d lost everything due to bad luck.

If you’re using a casino bonus of any kind, you may not necessarily end up getting to keep any money you win. This is because of the wagering requirements. Like with Naomi, playing through a bonus’s wagering requirement can cause you to lose your winnings if you’re unlucky and if the requirement is quite high.

Don’t let this put you off claiming bonuses though. You can still have fun making a profit from bonuses such as the free spins no deposit bonus – you’ve just got to be lucky.

Lucky and Unlucky

This story is about someone who experienced a lot of luck, but also some misfortune, on the same day. Ashley had been playing roulette on his phone when he got bored on a train. Lady Luck was with him as he managed to scoop a $10,000 win – not a bad way to spend a train journey.

Anyway, something unfortunate then happened: his phone was stolen by a pickpocket as he was getting off the train! It wasn’t all bad, as Ashley knew exactly what to do. As soon as he got home, he logged in to his casino account through his home computer to regain access. What he found was that whoever had stolen his phone had continued gambling using Ashley’s winnings. Unfortunately, he hadn’t been so lucky and had lost $9,800.

Before the thief could squander Ashely’s winnings any more, Ashley managed to lock his account and prevent the thief from accessing it.

Earlier that day, he had $10,000 in winnings. By the end of the day, he’d lost nearly all of it, along with his phone. At least he had $200 left – this sum could be an investment into a new phone. His day could have gone a lot worse. Imagine if he’d won a lot more and the thief had lost it all; now that would have been frustrating.

If there’s a lesson to be learnt from this, it’s that you should take advantage of security features on your phone. By doing this, if the unfortunate thing happens and your phone is stolen, whatever you have on it should be protected. Many people have things like saved passwords, for example, that would give a stranger instant access to sites containing sensitive data, or even bank accounts.

If your phone is stolen, contact the right people right away to have accounts blocked. Your bank is the most important one – you don’t want anyone stealing your money. Other sites such as social media platforms and anything where you’ve uploaded information should be blocked.

Still Friends?

This next story is about two friends: Nick and Josh, both British. Josh was really into online casinos and knows a lot about how the games work and what bonuses to claim and all that stuff.

One day, Josh was encouraging Nick, who wasn’t really into online casinos, to sign up to one and give it a try. Josh signed up too. He claimed the welcome bonus and ended up with a loss of three figures. Nick, the online gambling newbie, had much better luck. After a while playing games and making the most of bonuses, he ended up with a hefty profit of $7,000. Not bad for someone’s first attempt at playing online casino games.

Josh must have been fuming that he, the online gambling pro, had made a loss while his friend, who was a complete novice in every sense, had been lucky enough to win a decent amount of money. He must have thought he himself had the upper hand, though that’s the thing with online casino games, they’re not always predictable.

Even though casino games are largely, if not entirely, based on luck, you would expect the more experienced player to have done better than the inexperienced one. Some people believe that beginner’s luck is actually a thing and that beginners can have an advantage over players that have more experience.

The Ultimate Retirement Bonus

Mega Moolah is the world’s biggest progressive jackpot. Actually, there are four Mega Moolah progressive jackpots, each one of which starts off at a different amount of money:

JackpotThe Winning
Mini10.00
Minor100.00
Major10,000.00
Mega1,000,000.00

The Mega jackpot has turned a number of incredibly lucky players into millionaires. You have to play with real money for a chance of winning any one of the four jackpots.

Moreover, Mega Moolah has such a great feature like free spins bonus. If you’re into free spins slots, it is a terrific opportunity for you to play and have a chance to win without needing to pay for it. But keep in mind that every casino has its own requirements according to different bonuses it gives, so carefully read all the additional information.

So what’s the story here? A veteran US soldier who had served in Afghanistan was playing Mega Moolah one night. He’d seen an advert for it and decided to give it a go. He spent approximately seven minutes on the slot, placing smallish bets, before he won – you guessed it – the Mega jackpot. His payout was no less than £13,213,838.68.

What’s particularly funny about this story is that the winner didn’t tell anyone about his incredible win. In fact, he went to work the following day as if nothing had happened. It’s safe to say that he soon told his nearest and dearest, and is enjoying spending his winnings.

If you want to try your luck at the Mega Moolah slot, first of all you should be aware that there are several slot games that offer the four Mega Moolah progressive jackpots. These are as follows:

  • Mega Moolah
  • Mega Moolah: The Witch’s Moon
  • Immortal Romance Mega Moolah
  • Juicy Joker Mega Moolah
  • Atlantean Treasures Mega Moolah
  • Absolootly Mad Mega Moolah
  • Mega Moolah Goddess
  • Jungle Mega Moolah
  • Fortunium Gold Mega Moolah
  • JoKer Mega Moolah
  • Treasures of Krakatoa Mega Moolah

Play any of the above slot games for real money and you stand a chance of winning a progressive jackpot. On any spin, a special feature can trigger. This gives you one spin of a wheel. The wheel is split into 20 segments and a pointer indicates the winning one. The number of segments is different for each jackpot:

  • Mini: 10 segments
  • Minor: 6 segments
  • Major: 3 segments
  • Mega: 1 segment

If you get to spin the wheel, you’ll be guaranteed to win one of the four jackpots. Obviously, you have the best chance of winning the smallest one and only a 1/20 chance of winning the biggest one. The bigger your bet is, the more likely you are to trigger the feature, though the overall odds are still very low. But, as they say, you’ve got to be in it to win it.

Brilliant, But Too Young

To sign up to an online casino, you have to accept terms and conditions. When you do this, you confirm that you are old enough to gamble legally. In many places, the minimum age for gambling, whether it’s online or in land-based casinos, is 18.

Over in India, a young boy developed an interest in casino games when he was at the ripe old age of 5. Yes, he was half a decade old when he decided that gambling was something he’d like to do, though he was 13 years away from being legally permitted to do so. He took an interest in poker and, when he was 8, he scooped a staggering win worth $500,000. Even though he was using his uncle’s account at the time of the win, he’d earned some smaller payouts previously and had them sent to his own PayPal account. Basically, the casino operators knew who he was and that he was underage by no fewer than 10 years.

Guess what? The casino refused to give the boy his winnings. Even though he’d used his brains to win the poker game and earn a life-changing sum of money, the casino wouldn’t pay out because he was too young to legally gamble, despite the fact that he’d been paid some smaller winnings previously.

Apparently the casino operator was taken to court for refusing to pay, but it’s not known what happened since. It’s unfortunate that the young player scooped such a large sum of money but wasn’t paid. But then again, if the casino had actually paid the boy his winnings, it would have just encouraged other kids to try their luck too.

Photo Credit

Photo is from Canva


Guest Author Bio
Rick Slot

Rick is a seasoned gambler and one of those who stand at the origins of Slotozilla. For several years in a row, he had headed the marketing department and gradually shifted his focus to content. He also writes unbiased articles in which he covers the news from a variety of perspectives and gives the reader the opportunity to draw their own conclusions.

 

 

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