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Cirrus Payment due to take almost 1 year

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Viewing 9 posts - 16 through 24 (of 24 total)
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  • #756347
    ENGINESSQ
    Member

    Dear Nicolas,

    There seems to be alot made of the fact that I used a bonus with my deposit and that a casino could deem at first that I may be a bonus abuser. I would just like to respectfully explain (as best as I can mathematically!) that this is probably irrelevant.

    I deposited $100 with $100 bonus = $200

    The wagering was 50x on Table Games

    Thus the wagering requirements were $10,000 ($200 X 50)

    If, as the Cirrus website states, the average payout on Blackjack is 98.1% – after wagering $10,000 I should lose on average $190

    I.e. $10,000 X 0.981 = $9810
    $10,000 – $9810 = $190

    Therefore, with my $100 + $100 (deposit + bonus), after making the wagering requirements, on average I should be left with $10 an overall loss of $90 after my deposit.

    Obviously, there can be variance, especially as I was making huge bets, but I am just demonstrating that by taking the bonus I have by no means significantly increased my chances of winning.

    Additionally, I did not just stop when I had reached the wagering requirements as I assume a bonus whore would do, I actually wagered at least $23,000 in the process of making my eventual $10,000 winnings.

    Thus, on average I should have wiped out my entire deposit and bonus!

    All this goes to show that I did not act to somehow manipulate my odds of winning – the most likely outcome was that I would lose everything. Luckily however, I had a good run of cards which if was not possible then nobody would bother to gamble in the first place

    As I have stated I am not a mathematician so if I have got my calculations wrong and anyone can correct me I would much appreciate this!

    Best regards and thanks again for getting involved in the issue Nicolas.

    Nicholas Halksworth
    nhalks

    #756363
    EPDirector
    Member

    Maybe it is not going to help you much but my friend, when you decide to play with this casino (I mean all of the casinos the own) you can bet that if you win they will not pay you… HOW COME THIS THIEF can keep doing this over and over and there is no way to stop him??? Players, employees and affiliates suffer from this.

    #756471
    ENGINESSQ
    Member

    Many thanks for posting Kotico but LOL you are right that doesn’t help me much!

    I simply refuse to believe that CAP would promote a group that did not even pay its legitimate winners!

    The Professor is pushing hard to get my winnings paid in a lump sum and additionally Nicolas has said that he will push to get me paid sooner.

    I don’t know if you had issue with them in the past but let’s wait until the Prof has posted his status update and Nicolas has gotten back to me.

    Thanks, Nick
    nhalks

    #756487
    Captainette
    Member

    Hi Nicolas, Do you have an update on my $5200? Did you find out any relevant news on this or have any questions I need to answer?
    Please post here or PM me.
    Thanks.

    #757200
    ENGINESSQ
    Member

    Hello faithful followers of my case at CAP!

    I am just posting to inform that Cirrus have now paid me $2000 of my $10000 winnings.

    I have just emailed Nicolas to enquire as to when/how I will be recieving the rest of my money so I will update here when he gets back to me.

    Thank you for your continued support – I will keep posting updates regarding exactly what happens in this thread.

    #757608
    ENGINESSQ
    Member

    Happy Christmas!:santa2:

    I would just like to say that I have had correspondence from Cirrus Casino informing that they will be paying me in monthly installments of $2000.

    I know I shouldn’t exactly be over the moon with this – I HAVE DONE NO WRONG AND SO SHOULD HAVE BEEN PAID IN ONE FULL PAYMENT AND ON TIME!

    However, it is better than $1000 a month which would have meant a payment time of TEN MONTHS whereas with $2000 it will now hopefully ONLY(!) take FIVE MONTHS.

    I have had no correspondence from either the Prof or Nicolas so I do not know whether or not I should be thanking them for the slight increase in the monthly installments.

    I will of course keep posting regular updates and I will keep you informed about when I recieve my next payments etc.

    Thank you to all who have stood up for me and voiced their opinions regarding the treatment that I have recieved – It is interesting to note that there has only been support for me. I.e. NO ONE posted to say that they believed I should be treated in this way!

    :cheers: Anyway, here’s hoping that EVERYONE has a fantastic New Year! :cheers:

    Nicholas Halksworth
    nhalks

    #757811
    Captainette
    Member

    Again… Good to hear the positive news, Nhalks!

    A couple days Nicolas got back to me and asked a few further questions. He is in contact with the casino’s management and I am hoping to report more good news later this week.

    #758738
    Captainette
    Member

    Two more weeks passed by and I got no update.

    Apparently casino management really needs to think about this one.

    #760012
    Captainette
    Member

    blargh

    I should not have expected any more then this outcome, but Cirrus casino is of course still not willing to honor my $5000+ withdrawal from three years ago.
    They now claim that “all data about this case is not existing anymore” and do not want to accept all the proof I have on file in form of original emails and screenshots.
    This company is obviously not willing to clean up any of their mud and I have already written a big review about the evil happenings at this group, which I am going to publish on my site as soon as it has been opened.

    Cirrus, shame on you!

Viewing 9 posts - 16 through 24 (of 24 total)