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What the Gambling Industry Doesn’t Want You To Know | Informer

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A former employee for one of the biggest betting companies reveals the major flaws in the industry, from gambling addictions to money laundering. With over ten years of experience in betting, he has seen just how much the algorithms and systems are designed to encourage losers to lose more, and winners to stop winning. He describes how management has little care for customers, particularly when it comes to losing it all.

Informer is a series where we hear the anonymized confessions and insights of people on the inside of different industries, institutions and events.

Watch more from this series:

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https://www.youtube.com/watch?v=VHPFdTZp7Dw

How I Trafficked Animals Illegally
https://www.youtube.com/watch?v=wQctu__AGEI&t=44s

The Horrors I’ve Witnessed on the Underground
https://youtu.be/-tXrq8gjFNc

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47 comments

@VICE April 10, 2024 - 5:09 am
WATCH NEXT: ''I Buried Thousands in Secret Mass Graves'' | Informer - https://youtu.be/lmmsLJhrmPE
@Madking12357 April 10, 2024 - 5:09 am
After listening to this, I am reminded of the quote.

"Strange game, the only winning move is not to play "

I've never gambled but I sure won't be doing it now after this
@charlesasamoah7522 April 10, 2024 - 5:09 am
I just lost n I can’t stop betting on virtuals I need help
@endlessunivese9350 April 10, 2024 - 5:09 am
that's why in the future there will be no casino anymore even las vegas is suffering right now
@sdhan8188 April 10, 2024 - 5:09 am
I used to be a gambler. Found a "deal or no deal" set of machines that did me all right and left me in the green. They ended up taking those machines out and I started losing money so I quit lol
@Victini862 April 10, 2024 - 5:09 am
Gambled on my 21st. Had 28 bucks. Lost half and said it wasn't worth it.
@justtellthetruth1134 April 10, 2024 - 5:09 am
The odds of winning in Vegas have always been bad, however, since the mafia lost control and the real mafia (Blackrock, Vanguard, and State Street) took control it has become impossible to win. I had to laugh at the triple zero roulette wheel. That said it all!
@colemarbosili3405 April 10, 2024 - 5:09 am
Gambling it’s already a sin from God Book called Bible. So, if you are interested to meet the hell houses, just join any casino in the world, any of their customers wins while you think that is only luck.
Unfortunately after 15 years on trying to bet the Texas holdem poker and improving my skills while losing money, just found a deep corrupted system when cards are shuffled inside of the automated system and other games as Roulette and BlackJack are as well monitored with the amount of your winning hands and applications are all rigged. So, better now than never and I will probably save money and life .
@kaljasiepp8 April 10, 2024 - 5:09 am
Sounds like someone quit after losing some money... little did he know the big win was right around the corner
@kennybush6731 April 10, 2024 - 5:09 am
People don't know this??
@tonycd2709 April 10, 2024 - 5:09 am
Why blame the casino but not the greedy people who want to win? 🤣
@eddietito4348 April 10, 2024 - 5:09 am
So sports betting is 'safe gambling' I'd assume
@keithframe3489 April 10, 2024 - 5:09 am
Step 1: get an actor
Step 2: put a mask and voice changer
Step 3: pretends to be an insider or an expert
Step 4: start yapping conspiracy theories
Step 5: expect people to believe your bs
@trapppland3333 April 10, 2024 - 5:09 am
2:21 suicide is something all workers get plagued with.
@KoolT April 10, 2024 - 5:09 am
2:58 money laundering
@sunviewer7 April 10, 2024 - 5:09 am
Ineffective masked man reveals the obvious
@aidanleicester8512 April 10, 2024 - 5:09 am
Can tell this guy is an Aussie from his voice
@212Roger April 10, 2024 - 5:09 am
99% of gamblers are losers; and that’s an understatement.
@ironv8121 April 10, 2024 - 5:09 am
The thing I often hear from some of my coworkers who gamble is only the amount they won but never talk about how much they lose, one of my coworkers told me that if I dont gamble then I would have no chance in winning and I told him that he is right but I also told him that the chances of me losing is also zero but will still have more money than 99.9% of those who 'won' money from gambling.
@Ricoisalwaysnice April 10, 2024 - 5:09 am
I know that the customer service representatives on my on online gambling sites care about me. There damn polite.
@Ricoisalwaysnice April 10, 2024 - 5:09 am
I know that the customer service representatives on my on online gambling sites care about me. There damn polite.
@mayaprimayanti April 10, 2024 - 5:09 am
They don't care about people, they don't care if a family ruin.
@dailylifehacks5174 April 10, 2024 - 5:09 am
I see some thing called Aviator visual game one day im feeling pay and i find knowledge about play that and going to play finaly i see people who wins more mone when im trying im loose if there some one who knows the trick by use aviator Predictor please info me still i want to recovery my money
@lululemonbar9110 April 10, 2024 - 5:09 am
I'm not a big casino gambler but I did have a phase where I was playing blackjack online and it just made no sense how I was losing that much when I would win more in person. It was like the computer was blocking me from winning 80% of the time. Kudos to the former manager for speaking out about this but I think most of us know already.
@louisbrown6141 April 10, 2024 - 5:09 am
I work in a casino and witness some very greasy behavior. I still find it humorous how some people complain the machine took their money too fast after they set up their maximum bets.
@yaphet8574 April 10, 2024 - 5:09 am
I started gambling yesterday using Zynga Poker. No real money involved 🤟🏼
@RashadYarborough-qc2lr April 10, 2024 - 5:09 am
FANDUEL 😂 YALL KEEP GIVING THEM YALL MONEY
@lucaswilliams2292 April 10, 2024 - 5:09 am
Went to a casino once with my family. They played a bunch of machines while I tried to find a blackjack table. Didn’t find one. Meanwhile, they lost about a hundred dollars between the three of them. Decided to pull a slot on the way out, and won $60 right away.

I’m not going back. As long as I never gamble again, I’ll always be up.
@salmonkill7 April 10, 2024 - 5:09 am
One thing I have seen with using my GAMING CARD is that WHEN I SHOW UP and play slots I win or play even for the first few hours, but after a few hours THEY ALWAYS TAKE EVERYTHING BACK I have won and even my bankroll I brought.

Example...

Initially I get BONUSES and am able to WIN but after a few hours THE SLOT NO LONGER GOES INTO A BONUS and if YOU DO EVENTUALLY GET A BONUS it pays ZERO!!

My conclusion is they CONTROL the ODDS of the SLOT and they change the ODDS eventually so you can't possibly keep any of your money! I see this pattern every time I go and that is why I no longer go as often.
@EmperorOfTheScrubs April 10, 2024 - 5:09 am
This sounds like a recession proof industry

How do i join?
@Joseph88899 April 10, 2024 - 5:09 am
Well hmm.. i lost 26 grand for a long time i was burnin through an average of 800 pound a week for months on end...then as good as quit.. i had a few weeks where i bet no more that 30 quid.. but then won won 36 grand on a 25p stake.. Im not interested anymore.. all that loss and heartache probably wasnt worth 10 grand but.. i think i learned something
@jimmycharlene April 10, 2024 - 5:09 am
I dont gamble I profit and get banned by these bum degenerates running these companies.
@jimmycharlene April 10, 2024 - 5:09 am
They dont want to know the 60 pages of screemshots of their cheating rigging games stealing winning carrds to refund you with an entry fee players leaving games I could go on for years.
@gittattle April 10, 2024 - 5:09 am
remember kids, you can win up to 4000% of what you have, but you can only lose 100% of what you have, do the math
@jaegermann4170 April 10, 2024 - 5:09 am
The roles have been reversed.
You don’t play at a casino.
The casino plays you, and they’ve gotten really, really good at it.
@jelambertson April 10, 2024 - 5:09 am
It’s not news that they prey on the gambling addicts and it’s no mystery why. The laundering part was interesting. But how would they stop me from winning my few hundreds a year?
@phillyphilly3669 April 10, 2024 - 5:09 am
🫤 maybe they shouldn’t have showed him from the back putting the mask on lol it’s 2024 someone will recognize the back of his head lol
@Papitoti April 10, 2024 - 5:09 am
As someone who used to be quite addicted to betting on football (not problematic enough to cause me any trouble though, luckily), I can clearly see how they do this.

Whenever I was on a roll, they would offer me bonuses. Those bonuses required certain odds and increased if you went higher. Those numbers are very attractive and often cause 'safe gamblers' to risk it all because of the hypnotizing effect of the risky bonuses.

But what lost me the most of my winnings, is the intentional delays in withdrawals. Every time I withdrew winnings, it took days before it processed and I could cancel the withdrawal (even partially) to use it to gamble more. Too many times, I'd just partially cancel a withdrawal to continue playing, but this was often x10 the amount that I'd manually deposit. They made it slow and added that cancel option on purpose, they know very well how gambling addicts think.

It took me years to realize all the details that just abused my addiction.

Slot machines are probably the biggest scam in the gambling business. I feel so sorry for the people who are addicted to that manipulated garbage.
@pshh. April 10, 2024 - 5:09 am
So wait casinos like to win?? Wow
@pshh. April 10, 2024 - 5:09 am
Couldnt we just not show his face and alter voice a little...this is annoying and hard to watch
@flisko123 April 10, 2024 - 5:09 am
is this guy still alive?
@Saadartstudio April 10, 2024 - 5:09 am
I never understood gambeling and all of its games poker .etc ...
@mariomaro5592 April 10, 2024 - 5:09 am
binary options , crypto and forex
@dimitristripakis7364 April 10, 2024 - 5:09 am
I have always seen the casino as a way to make a lot of money. If you work for the casino. I know I would be good at it if I worked there. I like the environment, the thrill, and most of all the fact that I am swimming with the whales, with the winners. I can't lose. The house never loses. But I never pursued this career because I know I would not be very happy with myself, shaking all these poor bastards down. Nope. Now I am a poor bastard teacher myself. There are some career choices I regret not following; but the casino is not one of them. Better be poor than screw people and their families.
@Koko_clair April 10, 2024 - 5:09 am
they just killed themselves because they lost their all their money trapped in high debt. So many family havings dark stains
@1439315 April 10, 2024 - 5:09 am
jackpotted; wrote in the signature block capitol letters ALL RIGHTS RESERVED; next day they asked me to resign a jackpot form because management could NOT handle me using the same language that they all use in thier stuff. Double Standards ? Never heard of them . . .
@aricin April 10, 2024 - 5:09 am
I wanted to "just give it a shot", try gambling my 500rur to grow capital for trading, which I was quite good at. Now I've lost around 4-6k which would definitely be enough. I'm fcking idiot.

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