It’s very interesting that sometimes things work not in a way you expect. Well, it happens a lot in computer networking! By the way, using Microsoft Network Load Balancing in a VMware environment is one of them. In specific, when you intend to deploy Microsoft NLB in Unicast mode, you should be cautious. The reason for NLB not to work properly is well explained in the following Link:

Microsoft NLB not working properly in Unicast mode

In brief, NLB mechanism is based on hiding common, shared MAC address it assigns to all involved hosts from switch (by special kind of encapsulation I suppose) but ESX/ESXi hosts expose this common MAC address in certain conditions that will enable switch to learn the location and sends all the traffic to that specific port (ESX/ESXi host) which is against purpose of load balancer! There is a work around though which is suggested in the link above.