Live Casino Bet Monitoring
Posted on May 15, 2024 • Categories:casino, insights
There's a lot more going on behind the scenes of a live casino than meets the eye. A complex software system is always running and monitoring every transaction. Major industry players like Playtech and Evolution have developed sophisticated internal systems to monitor and scrutinize every wager placed.
At a high level, monitored items include:
- Pattern Analysis is a critical component, where AI and machine learning algorithms dissect betting patterns to flag any anomalies that could signal fraud.
- Account Activity is under constant watch, with checks on login times, IP addresses, bet sizes, and game selections to spot deviations from a player's usual behavior.
- Bonus Abuse: Where players misuse bonus offers without genuine engagement intentions.
- Multi-Accounting: The creation of several accounts by individuals to claim bonuses or engage in cheating.
- Affiliate Fraud: Affiliates producing artificial traffic to earn commissions.
- Chip Dumping: Intentional loss of chips to benefit another player.
- Collusion: Players conspiring to secure an unfair advantage, particularly in games like poker.
Additionally, they monitor in real time player patterns of play and strategies that could potentially abuse the system giving players the edge.
Strategies monitored include:
- Reverse Martingale: Doubling bets post-win instead of post-loss.
- D'Alembert: Modulating bets by one unit following a loss or win.
- Fibonacci: Betting the sum of the two preceding bets after a loss.
- Labouchère: Following a number sequence to determine bet amounts, adjusting after wins and losses.
- Paroli: Doubling bets after wins up to a pre-set limit.
- Oscar's Grind: Incrementing bets by one unit post-win for a potential profit.
- 1-3-2-6 System: Adhering to a specific numeric pattern across four betting rounds.
- Anti-Martingale: Reducing bets after losses and increasing them after wins.
- James Bond: A flat betting strategy covering over half the possible outcomes.
- All-In: Staking the entire bankroll on a single bet using mixed balances.
As we all know the stakes are high and games are intense. These systems are designed to be guardians of the game, tirelessly working behind the scenes to keep everything in check. They preserve the essence of what makes gambling exciting. The thrill of the unknown and a chance to win big. Keeping it a level playing field for everyone at the table.