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Woman lost out on thousands of dollars after big casino mistake

Cynthia Obie from Maryland said she lost out on thousands of dollars after the casino staff took down her Social Security number wrong.

A Maryland woman who thought she hit the jackpot Friday night ended up going home with jack squat -- all because of a typo.

Cynthia Obie told FOX5DC she was at the MGM National Harbor in Oxon Hill, Md. when her slot machine's symbols suddenly aligned and she won a tremendous payout.

“I was very excited. Like, I need this money,” Obie told the news station.

But Obie said that when casino staff took down her personal information, they misread her Social Security — by one number.

That mistake cost Obie nearly everything.

The Social Security number the casino plugged in belonged to an individual who happened to owe Maryland a hefty amount of child support, FOX5DC reported.

“I’m like, 'No. All of my daughters are grown. I’ve never paid child support.' I’m like, 'this can’t be right,'” she said.

The Maryland woman said she would have been thousands of dollars richer by now -- she did not reveal the exact amount of the jackpot -- but the typo prevented her from getting a penny. Instead, she was offered a $200 free play credit and drink vouchers for the night.

An MGM spokesperson said in a statement to FOX5DC the casino is aware of the “unfortunate error” and is working on fixing the situation.

“Due to MLGCA [Maryland Lottery and Gaming Control Agency] rules and Maryland State Law, we cannot provide an additional payout for this jackpot, however, if she presents the proper identification credentials to the Maryland Gaming Commission, they will provide her with the appropriate payout,” the statement read. “We apologize for the inconvenience this has caused Ms. Obie.”

Obie said she’s frustrated with the situation and just wants the money she won.

“Now I’m at the point, this is insane. You guys are a billion-dollar corporation,' she said. 'You do the research: I won fair and square. I just want my money.'

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Bitcoin is one of many digital currencies, but has become the most well known as it was the first, and is currently the biggest and most valuable. This new breed of digital currency is known as cryptocurrency. It is entirely digital and there are no physical notes or coins. There is also no central authority, reserve bank or government behind cryptocurrencies and it is controlled entirely by the public through a decentralized peer-to- peer (P2P) network.

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It is important to understand the underlying principles and technology of cryptocurrencies first. Conventional technology has always focused on storing and / or processing data through central servers, with an organization responsible for this infrastructure and maintaining its security. However, as history has proven, and almost every day, these existing systems are being attacked, hacked and data is compromised or stolen. These traditional payment solutions are also expensive.

Bitcoin is built with a technology called blockchain which challenges this conventional wisdom and uses a public ledger that records every transaction. This public ledger is available to anyone within the network. Now, logic says this would be less secure, however because the complete blockchain sits on thousands of computers around the globe, each time a transaction takes place, it gets verified and updates across every node, plus each transaction is encrypted using a complex algorithm i.e. cryptography, hence the name Cryptocurrency. In order for the integrity of the data to be compromised, hackers would have to compromise multiple nodes and the encryption simultaneously with precision timing. This approach to securing data makes this type of technology far more secure than conventional systems, faster and cheaper, and virtually impossible to hack.

WHY IS BITCOIN VALUABLE?

The reason that Bitcoin is valuable is a combination of the limited supply (21 million), high demand, excellent security and most importantly, the ability to move value (transact) across the world, anonymously, direct to someone without the need of intermediaries, such banks, governments or authorities. The Internet, and transacting over the Internet securely has become an integral part of our lives and now, cryptocurrencies are making all of this possible faster, cheaper and more securely.

WHERE TO BUY AND SELL BITCOINS?

Bitcoins can be bought through cryptocurrency exchanges. These exchanges convert your fiat currency (USD, Euro, GBP, etc.) into digital currency like Bitcoin. You will also need a digital wallet to store your cryptocurrency, however many exchanges offer you a free wallet, either accessible via their website or as an App for your phone.

Disclaimer: Before you start using Bitcoin, be sure to read what you need to know about the wallet option of your choice and take appropriate steps to secure your wallet and adopt good practices in order to protect your money.

Disclaimer: The provided information does not construe investment advice and is for informational purposes only. Be sure to understand the volatility of cryptocurrencies and how to store and secure your cryptocurrencies.

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3. Copy the exact BTC amount to send and paste it to the amount to send in your Bitcoin wallet.
4. Press 'Send' in your Bitcoin wallet.

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