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aug
17

Russian Casino Hacker Targets Slot Machines and Makes Millions

Tags: Aristocrat Leisure, Australia, hacker, PRNG, Russia, slot machines
Posted on Thursday, August 17, 2017 by "T".
A Russian mathematician and programmer named Alex called it quits even though his scheme of 8 years hacking into slot machines and making millions is still thriving. According to him, even though his firm is successful, has grown tired of having to deal with payroll, hiring, and management headaches. What he wants to deal with now is an exit strategy. However, since his business is not exactly [...]   Read more » Russian Casino Hacker Targets Slot Machines and Makes Millions

  18-Aug-17, 07:43   #1
Russian Casino Hacker Targets Slot Machines and Makes Millions 0 
doubletop777 
Joined: Mar '11
Location: United Kingdom
Age: 48 (M)
Posts: 6335
This guy is like something out of a James Bond film and its quite frightening how intelligent some people are. I wouldn't have the first idea where to start and its quite a story

     
  18-Aug-17, 08:05   #2
  0 
pochui 

Joined: May '08
Location: Lithuania
Age: 32 (M)
Posts: 9615
so wait a second he has the product which can basically earn you millions for doing next to nothing and he is "bored" with a company which for some reason decided to sell those products to the mass public and now he wants to sell the company which has completely illegal product as his sole product line? wtf?

     
  18-Aug-17, 08:58   #3
  0 
shokaku 

Joined: May '08
Location: Germany
Age: 52 (M)
Posts: 6406
It is not illegal under russian law. At least the guy claims it. So it seems to be a fair deal. Blink

Most interesting was the part, where the casino wanted him to adjust the payout of the slot to just 50%. This should set of some alarm bells.

     
  18-Aug-17, 09:38   #4
  0 
pajalnick 

Joined: Mar '11
Location: Russian Federation
Age: 45 (M)
Posts: 3857
It's kind of like Robin Hood ..... but the difference is that if he publishes a scheme of the game to win then the casino will immediately stop using these slots for the casino .... so here no one will win .... only the casino will incur Loss and Alex awaits persecution Evil

     
  18-Aug-17, 09:45   #5
  0 
dule-vu 

Joined: May '09
Location: Croatia
Age: 32 (M)
Posts: 4599
dont know what to say about this,he had very good business in hacking slot machines and he took millions from them,but he now stopped with this!its strange,but who know what is the reason!nice job for him!

     
  18-Aug-17, 15:55   #6
  0 
CALICUL 
Joined: Jan '14
Location: Romania
Age: 38 (M)
Posts: 492
These mathematicians it works much better with numbers and i hear there are a few who play poker online and he earns big money. There in my country there is one who has won over two million dollars in pokerstars. Since this Russian is also a programmer no wonder he managed to make money with slot machines. These smartphones and his mind helped him to win $. Respect for this men. Worship

     
  18-Aug-17, 17:19   #7
  +1 
Mober 
Joined: Mar '09
Location: Greece
Age: 40 (F)
Posts: 11360
This is one interesting story.
But how and why it got public.
He did make money hacking the slot machines and from what it looks like, he wasnt
even present at the crime scene.

One thing i didnt get though.
The ones being at the casinos, they were waiting for the smartphone to "vibrate" in order
to press the spin button? And what they were doing the rest of the time , just waiting in front of
the slot machines? Fishy...

     
  18-Aug-17, 18:05   #8
  0 
shokaku 

Joined: May '08
Location: Germany
Age: 52 (M)
Posts: 6406
What should be fishy about it? They want to make money and not sink it in the slot machine. So waiting for the right moment to spin is the way to go Of cause no other gambler should be waiting to use that slot machine at that time.

     
  18-Aug-17, 20:35   #9
  0 
av1966 
Joined: Mar '09
Location: Portugal
Age: 51 (M)
Posts: 1673
Hello my friends and fellow mobsters
This is a nice story but with some questions and doughts just like was is why is he quiting how much money did he made and can he react the system but the main thing about this story is that at last that sentence that house always wins with him around is no more true

     
  18-Aug-17, 20:48   #10
  0 
shokaku 

Joined: May '08
Location: Germany
Age: 52 (M)
Posts: 6406
The house will always win, or it will disapear. The manufacturers will just tweak the machines in a way, that the casinos will still come out ahead. Anything else would just lead to the end of the industry.

     
  19-Aug-17, 08:47   #11
  0 
Gerimantas 
Joined: Jan '17
Location: Lithuania
Age: 59 (M)
Posts: 733
Yes very interesting read so i always think that playing slot machines is risk but now i can only see that it is big risk, some people can control the machine, casinos can set very low payouts and so I think it is better to play some blackjack and roulette and be safe and have a good time

     
  19-Aug-17, 09:13   #12
  0 
shokaku 

Joined: May '08
Location: Germany
Age: 52 (M)
Posts: 6406
Yep. I never did understand the attraction of slot machines. House edge is big, and game play is fast, so a players money gets sucked in in no time. Must be the chance of a jackpot win at some machines.

     
  19-Aug-17, 10:20   #13
  0 
Tony_MON7ANA 

Joined: Mar '14
Location: Japan
Age: 43 (M)
Posts: 5839
Both mathematician and computer programmer are trained to think critically and clinically in the abstract world. A combination of mathematical and computer programming knowledge can be quite advantageous.

Edited by Tony_MON7ANA (Saturday, August 19, 2017 @ 10:37 GMT)


     
  19-Aug-17, 11:20   #14
  0 
pajalnick 

Joined: Mar '11
Location: Russian Federation
Age: 45 (M)
Posts: 3857
Posted by Tony_MON7ANA:
Both mathematician and computer programmer are trained to think critically and clinically in the abstract world. A combination of mathematical and computer programming knowledge can be quite advantageous.

Of course it's like that ... just Alex pulled this story to the surface and talked about it ... and how many similar people do the same just do not talk about it? .... maybe there are a lot of them just we do not know about them. ... it probably is

     
  4-Sep-17, 00:10   #15
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 33 (M)
Posts: 5290
Posted by pochui:
... and he is "bored" with a company which for some reason decided to sell those products to the mass public and now he wants to sell the company which has completely illegal product as his sole product line? wtf?

He probably wants to run a legit tech stratup at this point but gathered the money for it in a wrong way. Gambling companies could care less about their softwares vulnerability he should have try reverse engineer something more worthy.

     
  4-Sep-17, 10:22   #16
  0 
DaCapo71 
Joined: Aug '10
Location: Germany
Age: 46 (M)
Posts: 2039
They catched him after a long time and after he had stolen a lot of money. It was not good to read that they can steal millions of money without a warning system. But he show the slot indutry a leak i her system and this can be his price Blink

     
  5-Sep-17, 02:46   #17
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 33 (M)
Posts: 5290
Posted by DaCapo71:
They catched him after a long time and after he had stolen a lot of money.

I am not sure that yours and mine definition about what it means to steal something is connected.

     
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