Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,935,966 members, 7,104,163 topics. Date: Wednesday, 05 October 2022 at 07:10 PM

Are Online Slots Streamers Frauds? - Nairaland / General - Nairaland

Nairaland Forum / Nairaland / General / Are Online Slots Streamers Frauds? (255 Views)

Twitch Extensions 2022 – Best Extensions For Streamers / Twitch Rolls Out Soundtrack Beta To Give Streamers Rights-cleared Music / Lagos State Government Issues Warning Against Falling Prey To Recruitment Frauds (2) (3) (4)

(1) (Reply) (Go Down)

Are Online Slots Streamers Frauds? by mixiti: 1:32am On Jul 25, 2021
Some Twitch channels have made online slots streaming a big business. Streamers stream live as they play the most popular mobile slots at crazy stakes.

Some streamers wager as high as $50 per spin. They have the chance to win the largest prizes.

Some streamers have won six figure prizes in front their viewers. Many people are questioning the legitimacy of these wins.

I will be discussing more about streaming online slots. I will also discuss whether the jackpots claimed to be won are real or fake.

Basics Of Slots Streaming

Up until recently, JOKER123 slot streaming was not a popular feature on this platform. It's now a huge phenomenon with millions of viewers every day.

Streamers draw viewers with a mix of high-stakes games and engaging personalities.

This is why Ismael "Roshtein" Swartz is the most famous example. The Swede is known for his extravagant celebrations after winning.

It's not just him, many other famous slots streamers have gained fame for their quirky personalities. Slots streaming is as much about being unique as it is about showcasing the latest slots.

It's more than a hobby. People do it for the attention. Streaming is big business, especially for some celebrities who are able to get sponsorship money from game developers and online casinos. Here's where the problem really begins:

Misled Gamblers

Online slots often offer wagering ranges between $0.20 to $100 per spin. Some games offer feature buy options that allow you to trigger a bonus automatically if you spend a large amount of your stake (e.g. 80x

An average player won't place a wager of more than $100 and use feature buys very often. To extend their entertainment, they play closer to $0.20.

Those who stream slots have the ability to play for larger stakes. The average streamer wagers between $10 and $100 per spin.

One thought is that Twitch personalities have so much success that they can afford higher stakes.

It is possible that this idea may be true to some extent. This idea becomes even more suspect when wagers are made for $50 or $100 per round, and the rounds go on for hours.

Streamers who believe they are using play money are often called "fake" because their wins don't really have any value.

If gamblers believed that Twitch channels were really winning big, this facade might not be so bad. Anyone who has been fooled by these acts might consider imitating streamers with large bets and frequent bonus purchases.

Who are the Biggest Culprits in ?

Twitch is crowded with people looking to make money streaming slots. The sketchiest acts are often the most successful.

These streamers have gotten a lot of views and made a lot of money by winning big slots wins, real or not.

Roshtein

It's impossible to get into this topic without Ismael Schwartz mentioning it at some point. Because of his huge wins and borderline annoying personality, he's now the most famous online slot streamer.

Roshtein has more six-figure live win claims than any other streamer. Roshtein isn't afraid to tell everyone when he wins a huge payout.

After winning big, Swartz will run around the room screaming. Swartz sometimes has a friend who is there to join in the fun.

Roshtein is no doubt excited about the possibility of life-changing payouts. But are these wins real?

It is not clear if Swartz is using real money to gamble. Swartz routinely wagers $100 per spin. This would translate to $50,000 worth of bets at 500 rounds per hour.

Roshtein would lose $2,000 an hour on slots that have a 4% house advantage (typical). That's $200,000 monthly loss if he streams 100 hours per month (25 hours each week).

Roshtein's big wins aside, the math doesn't add up. Many multimillionaires could not sustain the theoretical loss rate of Swartz over time.

Casinorobot

What is the chance that a teenage boy who lives in his mom’s basement could afford to wager tens of thousands of dollars each day?

This is the exact life of 'Casinorobot. Between sessions, you can bet big on mobile slots games and eat mom's food.

After playing at Dunder, he quickly attracted suspicion from the gaming community. Dunder is not a new site, but it isn't the most popular in the industry.

It is believed that he was provided funds by this online casino to play at their casino. After LeoVegas was exposed as having provided fake funds to CasinoRobot, and other streamers, speculation has intensified.

Casino Daddy

Three brothers, Erik and Mathias, make up the channel 'Casino Daddy'.

They started streaming for hours, then stopped. Casino Daddy also promoted unknown and possibly shady online casino.

They became full-time casino affiliates. Rumours circulated that Casino Daddy was being paid to promote casinos and boast of big wins in the slots.

Contrary to Casinorobot's case, it is not clear that these brothers are using their money to promote unscrupulous casinos. Mathias Erik and Anton seem to be becoming more suspicious.

Signs that a fake streamer

It's not a good idea to believe that you are watching legitimate Twitch streamers. Here are some signs you should look out for when weeding out the fakes.

Risking Huge Stakes for Hours

How many slot players do you know that bet $100/spin for hours on end? There are many gamblers I know, but none who bet consistently at these stakes.

This is not to say that everyone can maintain such high levels of betting. There are some extreme high-rollers who play at these levels regularly.

What is the likelihood that Twitch streamers who are avid can afford $100 per round, and then face monthly losses of $100k, $200k or more?

Playing in Questionable Casinos

Would you make a $1,000 deposit at a site called Bitcoin Big Wins and No Losses Casino. Ok, this site is totally fake, but it did mention the absurd casinos that streamers may join.

Some streamers are known to deposit at unknown sites. They will blindly trust any cryptocurrency casino that has just appeared.

It almost seems as though the mobile casinos are sponsoring the gamblers by giving them fake money to play with.

Inability to Provide Proof of Funds

Roshtein tried to prove that he used real money when he wagered $100 per spin. He allegedly closed a play-money game and opened a real money session. The funds in both cases were identical.

Swartz failed to show that he wagers real money in this instance. I would wager that Swartz could not prove beyond reasonable doubt that he has ever bet real money during his streaming sessions.

Bot Followers

Twitch bots are not a new thing. Bots are used by some streamers to increase their views and appear more legit.
This is also true for slot streamers.
To increase their legitimacy, some use bot followers.
Anyone who is willing to travel this path will likely also be open to accepting sponsorship money from unscrupulous sources.

Conclusion

Fake streaming wins, although difficult to prove in every case, are a common part of online gambling. Sponsorship deals have been a way for game developers and casinos to tap into the Twitch market. They can also give the impression that their games often deliver big wins.

This behavior is most damaging to the players. Gamblers can fall for the trap of believing that they can easily place large bets and receive six-figure payouts.

However, online slots are not like this. To win the maximum payout in a slot game, it often takes millions of spins or even billions.

Mobile slots can offer huge payouts. But, no one should ever place a wager beyond their means to win big. This is especially true if you are a Twitch streamer.
Re: Are Online Slots Streamers Frauds? by Diego56: 5:13pm On Sep 16, 2021
Online casinos offer their customers special offers that may include attractive jackpots. There is even a new trend where many online casinos offer their customers special bonuses as a reward for their loyalty and continued patronage. Source for more about slot online agen judi casino online indonesia cq9 pragmatic.
Re: Are Online Slots Streamers Frauds? by garrettmay567: 9:29am On Oct 05, 2021
Most of the slot online casinos ensure that they do not cheat their players by giving them fake information or telling them untruths just to make them lose more money. Find more interesting information about 99ONLINESPORTS idnsport idn slot idn play online | IDNPoker here.
Re: Are Online Slots Streamers Frauds? by Alaina58(f): 6:56am On Nov 12, 2021
In line with these, the third and last feature is that it can definitely be considered as a pragmatic approach of how one can be a very successful slot online gambling enthusiast.
Re: Are Online Slots Streamers Frauds? by oliva980: 9:48am On Jun 23
As more people turn to slot machines, new trends are emerging in the online casino game. New 2022 slot machines are attempting to break from the usual theme and introduce unique ideas. Kartagoroda is an expert of online gambling, Browse their site for more interesting information.
Re: Are Online Slots Streamers Frauds? by Floristik: 2:04pm On Jun 24
Probably not so much, in fact. I used to think that happiness was in money, but now things are completely different. Now everyone can understand that the main thing is that your loved ones are nearby, and everything was fine with them. When you see the situation in Ukraine, it becomes more. What is clear. So I came up with a lesson that fills me with happiness - this is the casino https://casinoonlineca.ca/providers/pragmatic-play/, the money won from which I donate refugees.

(1) (Reply)

Free Training On Whatsapp Marketing / Top Benefits Of Azure Virtual Desktop / Rivers State Government Shuts Down Billboard For Displaying Pornographic Content

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2022 Oluwaseun Osewa. All rights reserved. See How To Advertise. 97
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.