The Top 8 Casino Gambling Scams of the Century
Most gamblers are honest. However, there are always a few people who are willing to try to take advantage of casinos and other gamblers. Throughout the years, there have been many different casino gambling scams have taken place. Scam artists have found a lot of ways to take advantage of gamblers who don’t know what they’re doing. Here are some of the most well-known casino scams of the last century:
1. The Goldmine Casino Scam
In this scam, con artists set up a fake casino and lure in victims with promises of high payouts. Once they’ve got their money, they close up shop and disappear. These scams are becoming more and more common, as con artists increasingly target vulnerable people who are desperate for money. It’s important to be aware of these scams and to know how to protect yourself and your money.
2. The Poker Machine Scam
The Poker Machine Scam was a massive financial fraud perpetrated by a group of professional poker players in the early 2000s. The group used sophisticated cheating techniques to win millions of dollars from casinos and private poker games around the world. The scam was eventually uncovered by authorities and the perpetrators were arrested and jailed.
3. The Shell Game
The Shell casino game scam was a scheme used by a group of casino players to defraud the casino by using a rigged game. The scam was uncovered when the casino began to notice that the same players were winning an unusually high percentage of the time.
Upon investigation, it was discovered that the players had rigged the game by placing shells on the roulette table that were weighted in such a way that they would always land on the same number. The players would then bet on that number and win every time. The casino eventually caught on and banned the players from their premises.
4. Roulette Scam
Roulette is a casino game that is often used by scammers to cheat players out of their money. The game is played by spinning a wheel with a ball inside it. The ball will eventually land on a number, and players bet on which number they think the ball will land on. Roulette can be a very exciting game, but it can also be very easy to cheat at.
There are a number of ways that scammers can cheat players out of their money, and it is important to be aware of these methods in order to avoid being scammed. The casino eventually caught on to what was happening and banned the use of the device. However, the players had already made a fortune by using it and were never prosecuted.
5. Baccarat False Shuffle
The Baccarat False Shuffle casino scam is a fraudulent technique used by casino dealers to cheat in the game of baccarat. This scam involves the dealer using a sleight of hand to shuffle the cards in a way that does not randomize them, making it more likely that the dealer will win. This scam is very difficult to detect, and it can be devastating to a casino’s bottom line.
6. The Employee Slot Machine Riggers
The employee slot machine riggers casino scam is a scheme whereby casino employees use their knowledge of the inner workings of slot machines to rig the machines in favour of the casino. The casino employees would then take a percentage of the winnings for themselves. The employee slot machine riggers casino scam is a scheme whereby casino employees use their knowledge of how slot machines work to rig the machines in their favour.
This often involves tampering with the software or hardware of the machines, or even bribing casino staff to give them information about which machines are due for a jackpot. The end result is that the casino employees can make a lot of money by playing the machines themselves, or by selling the information to others who will use it to cheat the casino.
7. The Dealer Memorizing Cards
The dealer memorizing cards casino scam is a scheme used by unscrupulous casino dealers to cheat at blackjack. They memorize the cards as they are dealt with and then use this information to their advantage when they deal with the next hand. This allows them to manipulate the odds in their favour and ultimately win more money. While this scam is relatively easy to pull off, it is also very difficult to detect. Casinos typically do not catch on until the dealer has won a significant amount of money.
8. The Exploitation of Asymmetrical Cards
Casino scams that exploit asymmetrical cards are relatively easy to pull off and can be very profitable for scammers. Basically, the scammer will find a deck of cards that is not perfectly symmetrical and then use that deck to deal out hands in a casino game.
The hands will usually be close enough to even that the scammer can win a large percentage of the time, but the key is that the asymmetrical cards will give the scammer an edge. Over time, the scammer can make a lot of money off of this scheme, especially if they are able to find a deck of cards that is particularly unbalanced. While it is possible for casinos to catch on to this type of scam, it is not always easy, which is why it can be quite profitable for those who are able to pull it off.