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
Joined: Mar '11
Location: United Kingdom
Age: 55 (M)
Posts: 7371
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
Joined: May '08
Location: Lithuania
Age: 39 (M)
Posts: 10090
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?
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
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 20429
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!
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13302
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.
Joined: Mar '09
Location: Greece
Age: 47 (F)
Posts: 14136
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...
Joined: May '08
Location: Germany
Age: 59 (M)
Posts: 6786
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.
Joined: Mar '09
Location: Portugal
Age: 57 (M)
Posts: 1703
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
Joined: May '08
Location: Germany
Age: 59 (M)
Posts: 6786
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.
Joined: Jan '17
Location: Lithuania
Age: 66 (M)
Posts: 1756
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
Joined: May '08
Location: Germany
Age: 59 (M)
Posts: 6786
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.
Joined: Mar '14
Location: Japan
Age: 49 (M)
Posts: 8946
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 (19 August 2017 @ 10:37 GMT)
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
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.
Joined: Aug '10
Location: Germany
Age: 52 (M)
Posts: 2219
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
