Online Casino Scam

Admin | November 06, 2011 | Comments Off

Online Casino Scam

Online Casino Scam

The Cash Multiplier System is advertised as a great way to make a guaranteed income from home. It works using a simple betting cycle on a roulette table and the author claims to have made millions. There’s only one problem with the system. It doesn’t work - it's just another get rich quick scam.

Cash Multiplier System ‘Get Rich Quick Scheme’

The Cash Multiplier System employs a simple betting technique based on roulette. Basically, a prospective gambler places a bet on the same colour every round in ever increasing amounts until they win. The theory is that the amounts increase at a rate that when the gambler eventually wins it will cover all previous bets and thus leave them in profit and allowing them to start again at the bottom of the betting cycle.

So the first round $1 is placed on black. If that loses, $2 is placed on black. If that loses, $4 is placed on black. The increase each time is double the previous bet and when a player wins they win an amount equivalent to all of the previous bets plus 1, e.g. if a player bets $1, $2, $4, $8 and $16 dollars before winning, the return of $32 is a $1 profit on the total of their previous bets.