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Economy => Gambling discussion => Topic started by: markk1 on March 30, 2021, 11:10:54 PM



Title: The realities of modern casinos
Post by: markk1 on March 30, 2021, 11:10:54 PM
Hello! Why in modern casinos everyone loses and all casinos grow so quickly, including all of them, depending on online, their bankroll is growing and they are ready to accept investments in their projects?! I have been in online gambling for about 15 years, if anything. I sit on many casino forums, almost everyone and always lose everything, even at a distance, which is logical. But there are lucky ones who are lucky enough to hit the jackpot or successfully place a high bet and catch a large multiplier. Maybe a modern casino uses the maximum psychology in its favor with promotions and conditions? What do you think, is it worth starting to play at an online casino at all, or is it better to invest this money in something worthwhile? Let's not let newbies go from first win to psychologist - how to stop gambling and lose everything! Let's talk about a rather difficult moment to play in a casino or not?


Title: Re: The realities of modern casinos
Post by: chaser15 on March 30, 2021, 11:16:15 PM
Because it's "GAMBLING". You will lose, you will win.

Chances of winning in the casinos don't change since the beginning, whether old or modern. There is just a new system to shows that everything is fair.

If you are struggling to win in casinos, why not take your gambling activity into skill or strategy ones?


Title: Re: The realities of modern casinos
Post by: Wexnident on March 31, 2021, 01:00:35 AM
But there are lucky ones who are lucky enough to hit the jackpot or successfully place a high bet and catch a large multiplier.
There you go. You're in a gambling casino, not a bloody business forum, ofc it'd take someone lucky to hit the jackpot. Don't even mention you not being lucky, there'd probably a million people with the same circumstances as you about being "unlucky", so just accept and move on. In the first place, it's kind of difficult to even understand how people don't get it that gambling is all about "luck", and yet they expect that "luck" to be with them all the time. Just remember that in a single instance of a game, there'd probably be a hundred thousand people playing something, and luck would probably land on 1 or 2 of them, heck maybe even none.


Title: Re: The realities of modern casinos
Post by: TravelMug on March 31, 2021, 01:24:27 AM
Lol, you said that you have been gambling for 15 years, those years should have tell you that gambling business is the most lucrative because everyone will lose in the end because of house edge. It's very hard to win against casino's unless you are really very lucky that time.

Casino's have been playing us with our emotions and psychology, slots alone, the music and the sound and the visuals are very attractive, and one way or another someone will fall for this trick and then gets addictive resulting in big money being lost.


Title: Re: The realities of modern casinos
Post by: uneng on March 31, 2021, 02:47:56 AM
What do you think, is it worth starting to play at an online casino at all, or is it better to invest this money in something worthwhile?
It depends on the personal goals of each one. Are your aiming to earn money or to have some fun time with a chance of earning money meanwhile?
People trying to grow their bankrolls shouldn't play at casinos of course. They should seek for an investment to put their money in. But if the person already has a decent source of income and want to relax, then playing at an online casino is a good choice. Better yet if the gambler makes some profit from this activity.

An exception is if the person is a confident sports' gambler or has some skills that make the difference in a game which can be gambled, like billiards, for an example. Then it may worth a try as an *investment*.


Title: Re: The realities of modern casinos
Post by: xSkylarx on March 31, 2021, 03:21:11 AM
You already said it yourself, there are people that are very lucky to win in gambling but there are also who are not. Gambling is a form of entertainment in the first place so it should not be considered as a serious way to make money. Those people that made gambling a living could be very rich and can afford to lose their bankroll. Greediness is also a factor why many people lose in gambling, they can't control their emotion properly when they win so they tend to bet more until the casino get all their winnings again.


Title: Re: The realities of modern casinos
Post by: ralle14 on March 31, 2021, 03:32:20 AM
What do you think, is it worth starting to play at an online casino at all, or is it better to invest this money in something worthwhile?
If you can afford to gamble then yeah it's worth but it depends because not everyone consider gambling as a form of entertainment and like you've said there are others that think it's better to spend those gambling money elsewhere. It's unlikely you could make money from gambling but there are casinos that provide some opportunities through promotions and bonuses.


Title: Re: The realities of modern casinos
Post by: Darker45 on March 31, 2021, 03:34:41 AM
When gambling, you don't expect to win. All the roads, save one or two, lead you to losses, one quicker than the other. But since gambling is all about luck, and businesses built on gambling need something with which to promote their sites and casinos and build up false hope among gamblers, there has to be a big winner every once in a while. Who that is, whether it is a real person or not, whether it is just a member of the casino team or not, it's beyond our knowledge most of the time.

But I'm not entirely saying it is not worth it. I'm just saying that when you are gambling you are having fun burning money. If you think otherwise, you better not gamble at all and spend your money somewhere instead.


Title: Re: The realities of modern casinos
Post by: Kong Hey Pakboy on March 31, 2021, 05:09:52 AM
Why do people always try to find the reason why the other kind of casino makes you lose more than the other, I mean come on anyone smart enough knows that in gambling the losses is always going to be present and more prevalent more than wins and no matter which it is, be it physical or online, it doesn't matter. People that is like OP who is trying to make a loop as to why people are losing are pretty oblivious to the essence of gambling which is the player losses and the house wins.


Title: Re: The realities of modern casinos
Post by: peter0425 on March 31, 2021, 05:20:15 AM
Hello! Why in modern casinos everyone loses and all casinos grow so quickly, including all of them, depending on online, their bankroll is growing and they are ready to accept investments in their projects?! I have been in online gambling for about 15 years, if anything. I sit on many casino forums, almost everyone and always lose everything, even at a distance, which is logical. But there are lucky ones who are lucky enough to hit the jackpot or successfully place a high bet and catch a large multiplier. Maybe a modern casino uses the maximum psychology in its favor with promotions and conditions? What do you think, is it worth starting to play at an online casino at all, or is it better to invest this money in something worthwhile? Let's not let newbies go from first win to psychologist - how to stop gambling and lose everything! Let's talk about a rather difficult moment to play in a casino or not?
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Don't say that ALL OF CASINO GROW QUICKLY because if does then there must no casino that closing .

But we already witnessed about Many casino's just this year and last year that comes to their end, i know that some may decide to stop because they have enough but others I'm sure stops because of bankruptcy .


Title: Re: The realities of modern casinos
Post by: cabron on March 31, 2021, 05:43:11 AM
It's gambling. You don't know when your luck comes and every time you gamble, you try you find out whether you are lucky or not. The casino often wins because the ods is always favors the house. Even if you knew this, we always want to try our luck and we have been doing this for years. If you wanna win all the time, be an owner of a casino.


Title: Re: The realities of modern casinos
Post by: jrrsparkles on March 31, 2021, 05:54:14 AM
Bankroll is increasing because more players started to gamble online for various reasons, house always wins so more players means more people are going to lose but it doesn't mean everyone is losing. People often win lot of money from very little bet amount so luck decides you fate.


Title: Re: The realities of modern casinos
Post by: Kittygalore on March 31, 2021, 06:01:43 AM
Because it's "GAMBLING". You will lose, you will win.

Chances of winning in the casinos don't change since the beginning, whether old or modern. There is just a new system to shows that everything is fair.

If you are struggling to win in casinos, why not take your gambling activity into skill or strategy ones?
I think OP just wants to make a reason out of as to why he/she is losing when he/she is gambling so OP has to ask whether there is a difference in casinos which any rational people with common sense like @chaser15 knows that there really isn't any difference.


Title: Re: The realities of modern casinos
Post by: swogerino on March 31, 2021, 06:06:31 AM
It is really easy to understand.That is because casinos implement a house edge which will ensure they will only grow their profit in the long run.The few times a user wins I am sure a lot of others have lost and this is not a problem for the casino.Even when someone wins big others may have lost big so the casino run their business with peace of mind that it will be profitable in the long run.

As a gambler you and me are trying our luck to hit that jackpot as we know we cannot win in the long run.


Title: Re: The realities of modern casinos
Post by: Poker Player on March 31, 2021, 06:12:55 AM
Hello! Why in modern casinos everyone loses and all casinos grow so quickly, including all of them, depending on online, their bankroll is growing and they are ready to accept investments in their projects?! I have been in online gambling for about 15 years, if anything. I sit on many casino forums, almost everyone and always lose everything, even at a distance, which is logical. But there are lucky ones who are lucky enough to hit the jackpot or successfully place a high bet and catch a large multiplier. Maybe a modern casino uses the maximum psychology in its favor with promotions and conditions? What do you think, is it worth starting to play at an online casino at all, or is it better to invest this money in something worthwhile? Let's not let newbies go from first win to psychologist - how to stop gambling and lose everything! Let's talk about a rather difficult moment to play in a casino or not?

You have been online gambling for about 15 years but you, like almost all gamblers, don't understand the math behind it. If you understood it you wouldn't ask if it is better to gamble or to invest. Of course it is better to invest. Actually if you saw both graphs,one representing the casino's profit/loss as a function of time, and the other representing the gambler's profit/loss, you would see that they are totally opposite. The former tends to go up. The longer term the more it goes up. Whereas the latter tends to go down.


Title: Re: The realities of modern casinos
Post by: Mauser on March 31, 2021, 06:40:41 AM
Hello! Why in modern casinos everyone loses and all casinos grow so quickly, including all of them, depending on online, their bankroll is growing and they are ready to accept investments in their projects?! I have been in online gambling for about 15 years, if anything. I sit on many casino forums, almost everyone and always lose everything, even at a distance, which is logical. But there are lucky ones who are lucky enough to hit the jackpot or successfully place a high bet and catch a large multiplier. Maybe a modern casino uses the maximum psychology in its favor with promotions and conditions? What do you think, is it worth starting to play at an online casino at all, or is it better to invest this money in something worthwhile? Let's not let newbies go from first win to psychologist - how to stop gambling and lose everything! Let's talk about a rather difficult moment to play in a casino or not?

I think the growth of online casinos is due to the corona pandemic. In my country all physical casinos are closed for a year already, so all the usual gamblers who were going to casinos once a week now need to gamble online if they still want to gamble. Also, a lot of people have more spare time at hand because all the sport and culuture activities are canceled aswell. I would assume that casinos got a lot of new customers over the last 12 months with a lot of new capital.

The second point I would make is that people tend to tell more about their losses than their winnings. For example, I remember better the occasions where I lost than the once were I won. The same goes probably for the internet aswell, people tend to share more their losing stories than their winning stories. I don't think everybody is losing while gambling.


Title: Re: The realities of modern casinos
Post by: Strongkored on March 31, 2021, 06:58:57 AM
If the house loses more often, the Online Casino will not appear much because it means it is not a profitable business.
This article is quite straightforward to explain Why Does the House Always Win? A Look at Casino Profitability (https://www.investopedia.com/articles/personal-finance/110415/why-does-house-always-win-look-casino-profitability.asp)

In my opinion, not all players experience defeat, there must be those who also get profit, it's just that there is no definite data on what percentage of players can make a profit.


Title: Re: The realities of modern casinos
Post by: adzino on March 31, 2021, 07:58:22 AM
Hello! Why in modern casinos everyone loses and all casinos grow so quickly, including all of them, depending on online, their bankroll is growing and they are ready to accept investments in their projects?! I have been in online gambling for about 15 years, if anything. I sit on many casino forums, almost everyone and always lose everything, even at a distance, which is logical. But there are lucky ones who are lucky enough to hit the jackpot or successfully place a high bet and catch a large multiplier. Maybe a modern casino uses the maximum psychology in its favor with promotions and conditions? What do you think, is it worth starting to play at an online casino at all, or is it better to invest this money in something worthwhile? Let's not let newbies go from first win to psychologist - how to stop gambling and lose everything! Let's talk about a rather difficult moment to play in a casino or not?
So you are trying to say "past casino" gave players better chance of winning? Lol, no they didn't. This gambling. The gambling industry is alive and still exists, because in the long run, it is always them who wins. And more modern casino are popping up (i guess you meant online casino?) and becoming successful because each of them offer different games and different features. Advertising online casino is also easier thanks to the modern advertisement targeting technology. They are all not the same. And more gamblers are joining due to ease of access and being able to play from their comfort zone.


Title: Re: The realities of modern casinos
Post by: slaman29 on March 31, 2021, 08:11:19 AM
Hard to believe you've been gambling for 15 years and still asking questions like this!
1. Read about house edge. The odds are always tipped in the favor of casinos (not just modern ones as you say) so that in the long term gamblers are more likely to lose when they play at casinos.
2. Gambling is an industry and a business.
3. For you perosnally, don't treat gambling as anything other than a fun past time and entertainment. Play with money you must ASSUME you lose.


Title: Re: The realities of modern casinos
Post by: slapper on March 31, 2021, 08:20:38 AM
Because mostly everything depends on your luck. That's all. If you do not have luck, you lose. It is inevitable in gambling since your wining chance has a lower rate than losing chance. Even a moderately rate such as 0.1% has already brought the enormous difference.

In order to avoid the painful moment in gambling, try to treat it as gambling . Do not try to make any kind of money from this unless you are blessed by heaven and gods. To me, gambling is just a form of entertainment, and sometimes, I do have luck so that I withdraw my money and have a big party. But I never intend to generate a stable income in trading. The algorithms, strategies are all bullshit.


Nevertheless, I still admire people who are able to make money with gambling, no matter they are lucky or not. They are just superior.


Title: Re: The realities of modern casinos
Post by: Ucy on March 31, 2021, 09:28:03 AM
Betting sites actually need to more beneficial to bettors, not just the stakeholders/owners. I have recommended using methods that benefit  bettors more or make them better people... rather than leaving them worse than they were before engaging in the bets.
You could incentive Skill-based betting and reward good performance by ranking up participants, rewarding them with token, points etc.
And you could have more prize winners in  Luck-based betting by splitting the "huge prize" meant for one winner to multiple winners. There are other ways to reward luck-based bettors without necessarily rewarding with money.
It's important to avoid gambling (taking big risk). Only bet with what you can afford to lose/risk. You don't really lose the money by the way... It's distributed to stakeholders and other skilled/lucky participants.


Will hopefully write on how to be Responsible and Successful Bettor without Gambling.
I need to learn alittle bit about certain betting markets before writing this.




Title: Re: The realities of modern casinos
Post by: maxreish on March 31, 2021, 09:55:40 AM
We all have different luck by the way, so the luck of that player doesnt mean you cant have that luck, too. If you are asking whether it is better to just invest your fund in other assets like crypto investments. Well, you should prioritize which one will be give you sure profits.

And you have said you have been gambling for 15 years, it is not easy to leave gambling. What you have to do is to invest most of your fund, then gamble small amount or the amount that you can afford to lose. Or get half of your investment profits and play it.

Remember that gambling will always be gambling, even you play in lower mutipliers, if you do not take out your winnings, house will always gonna win over you.


Title: Re: The realities of modern casinos
Post by: Fortify on March 31, 2021, 11:05:02 AM
You have to really understand that online casinos are just games rigged to take away your money. There is literally no other reason for their existence - they have bills to pay and are not a charity. They are using a form of (addictive) entertainment to take money from one source (gamblers) into another source (the casino bank account). People are generally terrible at understanding the maths involved and will always think they can be the lucky one to beat the odds. Even when people do beat the odds, they become addicted to the buzz or have formed a reoccurring habit and usually end up giving the money back while they chase another win. You see people posting about losing all the time because these casinos serve no other purpose than to take your money based on long term statistical averages and use all kinds of psychological tricks to achieve this. People also have a nasty habit of chasing losses to recover money they will never get back.


Title: Re: The realities of modern casinos
Post by: imstillthebest on March 31, 2021, 12:14:38 PM
 what did you do in that 15 years .
 are you an observer and not a gambler ? we have seperate luck , you can be one of the loosers that you read or you can be one of the jackpot winners but the the only way to find it out is when you start playing a gambling .
the advantage of modern online casino is they can promote easily and they can promise great rewards but its up to you if you will bite this up but you should learn to have a self control .


Title: Re: The realities of modern casinos
Post by: Coin_trader on March 31, 2021, 12:20:22 PM
That is part of gambling, my uncle who operates a traditional casino when e was younger told us to never gamble, he said the house always wins. It may let you win one day and if you keep coming back it will take away all your money. The more people are getting greedy in gambling the more it is profitable for casinos. It is true few people hit the jackpot and take huge money, but have you wondered how much money has he spent on gambling before winning that jackpot. It is all based on luck but the house always has an edge over players.

House edge is the reason why the house always win. They are deducting fee on every bets you made on any gambling games that’s why Casino is very hard to beat but not impossible at all. You can defeat it by doubling the amount of your bankroll versus the casino. I knew some guy in my town that almost banned on casino here due to the size of his bankroll. He keeps betting until he win because he was so confident on his bankroll size.

But in normal person with average bankroll size. It’s impossible to win on casino in the long run.


Title: Re: The realities of modern casinos
Post by: Karartma1 on March 31, 2021, 12:38:16 PM
The verb defeat doesn't really work in a phrase in which the words house edge are present: there's no way anyone, no matter how big his own bankroll is, can defeat the HE on the long run. I'll always debunk that as gullible people can fall into believing that to win money the only thing to have his huge ammunition.


Title: Re: The realities of modern casinos
Post by: samcrypto on March 31, 2021, 12:57:16 PM
This is not a modern way because since then, Casinos are making money out of the pocket of the gambler so this is an old age tradition of making money of the casinos.

We cannot stop gamblers from spending their money, you do have your own 15 years of experience and why you took that long before realizing that the house will always win?

We can only share are bad and good experiences about gambling, but we cannot dictate those newbies on what they can do with their money, investing or not its their choice.


Title: Re: The realities of modern casinos
Post by: iamsheikhadil on March 31, 2021, 01:33:20 PM
Modern casinos have the abilities which traditional casinos lacked, which is the power to advertise with the vast majority of people in the world of internet. The internet has opened doors to these casino businesses, and another weapon that has helped them is crypto, because with crypto one can easily register on a website in few minutes and wager and play games without even revealing their identity and source of funds, all it takes is an username and password, and voila, you can now play! Obviously this is bad, and one should not get into this and use the money to invest or spend on something good ;) it's difficult to fight the temptation, but with progress it can be controlled. That is what is normal :D


Title: Re: The realities of modern casinos
Post by: michellee on March 31, 2021, 01:36:14 PM
Worth or not to start to play at an online casino, it will depend on yourself. If you think that you are curious about playing gambling on an online casino, you can start trying. But if it's not, you can search for more information about online casino, so you will know more. But I suggest you invest in crypto such as bitcoin, ethereum, bnb or else, and do not playing gambling because that is too risky for you, even if you think you are pro gamblers. I do not know if that is about psychologist or not, but I guess that will be related to the psychologist for every gambler.


Title: Re: The realities of modern casinos
Post by: roosbit on March 31, 2021, 01:39:34 PM
Hello! Why in modern casinos everyone loses and all casinos grow so quickly, including all of them, depending on online, their bankroll is growing and
Are you saying the old casinos weren't growing nor profitable?? I think with the saying of the house always wins we let our few wins get the best of us and go all in and lose it all in a blink of an eye.

they are ready to accept investments in their projects?!
I suppose it's part of their expansion program and also a way to have liquidity for high rollers.

I have been in online gambling for about 15 years, if anything. I sit on many casino forums, almost everyone and always lose everything, even at a distance, which is logical. But there are lucky ones who are lucky enough to hit the jackpot or successfully place a high bet and catch a large multiplier.
Honestly from what I have seen you have a bigger bank roll and a good risk management you stay in the game longer, but you go in with $10 wanting to hit the jackpot that is a 0.1% probability that you can win and few have done it.

  
Quote
What do you think, is it worth starting to play at an online casino at all, or is it better to invest this money in something worthwhile?
If you want some fun and feeling lucky well go for it try the casino and walk away with some cash in your pockets but if you want to grow your money without any fun find something away from gambling


Title: Re: The realities of modern casinos
Post by: mu_enrico on March 31, 2021, 02:15:20 PM
Hello! Why in modern casinos everyone loses and all casinos grow so quickly
Both offline and online, the house will always win. However, land-based casinos have high direct costs to pay employees, maintain the facility, etc. They cannot grow as fast as online casinos, where the machine operates 24/7 with lower costs.

If about investing, putting money on online casino bankroll is a risky investment, higher risk than buying casino company stocks. But if you are lucky to pick a legit and growing online casino site, the ROI will be tempting.


Title: Re: The realities of modern casinos
Post by: markk1 on March 31, 2021, 02:21:47 PM
what did you do in that 15 years .
 are you an observer and not a gambler ? we have seperate luck , you can be one of the loosers that you read or you can be one of the jackpot winners but the the only way to find it out is when you start playing a gambling .
the advantage of modern online casino is they can promote easily and they can promise great rewards but its up to you if you will bite this up but you should learn to have a self control .

Like all people, I worked and played in the casino, everything seems to be simple. Even any control of the game at a distance will give a minus, if only you constantly catch jackpots.


Title: Re: The realities of modern casinos
Post by: Renampun on March 31, 2021, 02:29:35 PM
...
I don't know what you are worried about here, it's just that winning or losing is your own luck...
if asked whether it is worth playing gambling in this modern era? of course, I answered that it deserves, what causes someone to lose or win not because of their game but because of their luck or greed.


Title: Re: The realities of modern casinos
Post by: Smartprofit on March 31, 2021, 02:44:40 PM
Modern casinos have the abilities which traditional casinos lacked, which is the power to advertise with the vast majority of people in the world of internet. The internet has opened doors to these casino businesses, and another weapon that has helped them is crypto, because with crypto one can easily register on a website in few minutes and wager and play games without even revealing their identity and source of funds, all it takes is an username and password, and voila, you can now play! Obviously this is bad, and one should not get into this and use the money to invest or spend on something good ;) it's difficult to fight the temptation, but with progress it can be controlled. That is what is normal :D

In my opinion, old format casinos (offline casinos) are better than modern online casinos. I used to love visiting old format casinos. In the style of the James Bond movie "Casino Royale".

Such casinos had a strict dress code (only men in tuxedos and business suits, and women in evening dresses were allowed to enter).  

I really like the atmosphere of luxury and aristocracy!  The skin of beautiful girls smells of roses and excitement.  This smell guarantees me drive and great mood!  

For me, the essence of gambling is not a desire to win, but the very atmosphere that a modern online casino cannot provide.


Title: Re: The realities of modern casinos
Post by: imstillthebest on March 31, 2021, 02:47:40 PM
what did you do in that 15 years .
 are you an observer and not a gambler ? we have seperate luck , you can be one of the loosers that you read or you can be one of the jackpot winners but the the only way to find it out is when you start playing a gambling .
the advantage of modern online casino is they can promote easily and they can promise great rewards but its up to you if you will bite this up but you should learn to have a self control .

Like all people, I worked and played in the casino, everything seems to be simple. Even any control of the game at a distance will give a minus, if only you constantly catch jackpots.
i see but how can you control the game if you will distance ? your using auto betting ? but its not fair if they will give you a minus unless if you cheat the system and cause you to win jackpots consistently because that is not allowed .
just choose a fair casino and play the game fairly and you will be fine . goodluck


Title: Re: The realities of modern casinos
Post by: acroman08 on March 31, 2021, 03:26:21 PM
Maybe a modern casino uses the maximum psychology in its favor with promotions and conditions?
they do. I've watched a documentary years ago where business such as supermarkets, casino and such uses a technique which makes ongoing gamblers or shopper spend more or stay more by placing items on certain areas. I forgot what the documentary called but it is a very interesting one.

What do you think, is it worth starting to play at an online casino at all, or is it better to invest this money in something worthwhile?

there is no way to tell whether it will be worth it or not since the experience will differ for every person. for example, for me it is worthwhile to gamble online because of the entertainment I get from it while others think otherwise.


Title: Re: The realities of modern casinos
Post by: Maus0728 on March 31, 2021, 03:26:45 PM
The realities of modern or online casino are still the same as compared with those traditional land based casinos in terms of winning or the odds that are present in the game. Losing a lot in an online casino has nothing to do from a notion that it is operating "online" or due to a casino being "modern".

Even Annette Obrestad stared his career from just playing in an online poker site[1]. It all depends on the player's bankroll management, luck and discipline in betting against the odds.


[1] https://en.wikipedia.org/wiki/Annette_Obrestad


Title: Re: The realities of modern casinos
Post by: dothebeats on March 31, 2021, 03:35:59 PM
Advertisements and promotions are indeed getting better and smarter each day now that most people are instantly hooked with the games and the entertainment a gambling platform can provide. Also, there are a lot more casinos today--be it offline or online--compared to the yesteryears, hence why a high number of people suffering a loss on their time gambling is coming up. It's not rocket science IMO, just some good marketing skills, better games and tons of promotions to keep the player hooked on their seat whilst losing lots of money.


Title: Re: The realities of modern casinos
Post by: Smartprofit on March 31, 2021, 06:10:43 PM
Maybe a modern casino uses the maximum psychology in its favor with promotions and conditions?
they do. I've watched a documentary years ago where business such as supermarkets, casino and such uses a technique which makes ongoing gamblers or shopper spend more or stay more by placing items on certain areas. I forgot what the documentary called but it is a very interesting one.

What do you think, is it worth starting to play at an online casino at all, or is it better to invest this money in something worthwhile?

there is no way to tell whether it will be worth it or not since the experience will differ for every person. for example, for me it is worthwhile to gamble online because of the entertainment I get from it while others think otherwise.

Yes, casinos are actively using various psychological tricks. 

For example, no casino has a wall clock.  This is done to prevent players from controlling the time of the game. 

Also in the casino there is always a bright artificial light.  The bright light stimulates the activity of the players and forces them to stay in the game for as long as possible. 

The casino also allows the sale of alcoholic beverages.  Some casinos offer alcoholic drinks for free. 

The drunk player loses his self-control and uses more risky gaming strategies.


Title: Re: The realities of modern casinos
Post by: ryzaadit on March 31, 2021, 06:17:28 PM
Psychology is also one of the gambling part unless you can count the card gamble with around 7-8 decks card ;D Just take one example "Bacarat" you see from a different aspect of history and data :
- There has some pattern almost almost 3x times a train on "player" always only reached 4x times player the the next bet could be your mind will thinking "okay this next bet could be banker" so you are counter the trade while the situation player train keep continue to almost 10-15x times in a row and you lose all of your money because martingale.
- This train already reach 10x I guess next bet will be banker so I counter the trade.

Yeah, that's was psychology and most of people will thinking the same like my example.

-snip-
Then how about online gambling ?


Title: Re: The realities of modern casinos
Post by: dunfida on March 31, 2021, 07:23:42 PM
Hello! Why in modern casinos everyone loses and all casinos grow so quickly, including all of them, depending on online, their bankroll is growing and they are ready to accept investments in their projects?! I have been in online gambling for about 15 years, if anything. I sit on many casino forums, almost everyone and always lose everything, even at a distance, which is logical. But there are lucky ones who are lucky enough to hit the jackpot or successfully place a high bet and catch a large multiplier. Maybe a modern casino uses the maximum psychology in its favor with promotions and conditions? What do you think, is it worth starting to play at an online casino at all, or is it better to invest this money in something worthwhile? Let's not let newbies go from first win to psychologist - how to stop gambling and lose everything! Let's talk about a rather difficult moment to play in a casino or not?
House do always win and this would really be the reason on why gambling is a profitable business.You could see lots of them are really making revenue this doesnt only limit out on physical casinos
but also in online casinos as well.Gambling industry is really a big one and profitable but to think about losing then most likely gamblers would really be ending up that way.
Gambling is for entertainment but when it comes to human greed then its one of the most common reason on why people lost.For people on telling them on how to use
their money then its useless, you cant stop them if they wanted to gamble.it is just they do end up on having a wrong perception towards it.


Title: Re: The realities of modern casinos
Post by: madnessteat on March 31, 2021, 07:28:32 PM
Worth or not to start to play at an online casino, it will depend on yourself. If you think that you are curious about playing gambling on an online casino, you can start trying. But if it's not, you can search for more information about online casino, so you will know more. But I suggest you invest in crypto such as bitcoin, ethereum, bnb or else, and do not playing gambling because that is too risky for you, even if you think you are pro gamblers. I do not know if that is about psychologist or not, but I guess that will be related to the psychologist for every gambler.

In my opinion people who become addicted to gambling for the most part do not have financial literacy or cannot control their emotions, so for such people investing in cryptocurrencies can also be very risky.

Psychology of every single person is very complicated to understand that is why gamblers will always be divided into those who get addicted to gambling and cannot stop until they lose everything and those who just enjoy the game.


Title: Re: The realities of modern casinos
Post by: Hamphser on March 31, 2021, 07:33:03 PM
Hello! Why in modern casinos everyone loses and all casinos grow so quickly, including all of them, depending on online, their bankroll is growing and they are ready to accept investments in their projects?! I have been in online gambling for about 15 years, if anything. I sit on many casino forums, almost everyone and always lose everything, even at a distance, which is logical. But there are lucky ones who are lucky enough to hit the jackpot or successfully place a high bet and catch a large multiplier. Maybe a modern casino uses the maximum psychology in its favor with promotions and conditions? What do you think, is it worth starting to play at an online casino at all, or is it better to invest this money in something worthwhile? Let's not let newbies go from first win to psychologist - how to stop gambling and lose everything! Let's talk about a rather difficult moment to play in a casino or not?
Investment and gambling is a different thing because investment is for long term and gambling is for entertainment.It is just people do really believe on the wrong thing that
gambling can really give out that kind of benefit where they can really make money long term.

For casino kind of ways to be come profitable then i do agree on what most people been saying about house edge.They do always have the edge and yes there might be some
big wins but to total count on how many gamblers had lost then you would have the idea that winning wont really be affecting much.

They would be always a winner in the end of the day.


Title: Re: The realities of modern casinos
Post by: Fredomago on March 31, 2021, 07:53:34 PM

Investment and gambling is a different thing because investment is for long term and gambling is for entertainment.It is just people do really believe on the wrong thing that
gambling can really give out that kind of benefit where they can really make money long term.

This misconceptions mostly hit those people/gamblers who choose gamblers for their journey, thinking that it's easy way as source
of income, just to realize that this venue at the end will burned everything(most cases)

Quote
For casino kind of ways to be come profitable then i do agree on what most people been saying about house edge.They do always have the edge and yes there might be some
big wins but to total count on how many gamblers had lost then you would have the idea that winning wont really be affecting much.

Volumes over the amount of wins, the more gambler the bigger HE, the casino owners knows the balance that favors them in the long run.

Quote
They would be always a winner in the end of the day.

And most of the time, it's the house might in a random days gambler got some slice.


Title: Re: The realities of modern casinos
Post by: AmoreJaz on March 31, 2021, 08:41:50 PM
Advertisements and promotions are indeed getting better and smarter each day now that most people are instantly hooked with the games and the entertainment a gambling platform can provide. Also, there are a lot more casinos today--be it offline or online--compared to the yesteryears, hence why a high number of people suffering a loss on their time gambling is coming up. It's not rocket science IMO, just some good marketing skills, better games and tons of promotions to keep the player hooked on their seat whilst losing lots of money.

dont forget also that casinos have house edge. this is why they are generating good income in the long run. yes, they do have good ads and rewards that will truly entice players to check out their site. but gamblers should remember, that it is a gambling site after all. how many people really do hit the jackpot? very few. so if you decide to get in, remember that winning will not be on your side. so spend the money that you can afford to lose and enjoy! there's really no mystery in gambling.


Title: Re: The realities of modern casinos
Post by: nakamura12 on March 31, 2021, 08:51:03 PM
You just explained it yourself why many gamblers lose on casinos. The reason why most people lose gambling on casinos is because gamblers are not always very lucky. It wouldn't be called gambling if everyone can easily win and it will only called a contest rather than gambling, that is why casino's bankroll would surely increase. Investments are differentl where the money is used as one of the bankroll and they will earn.


Title: Re: The realities of modern casinos
Post by: carlfebz2 on March 31, 2021, 08:58:49 PM
You just explained it yourself why many gamblers lose on casinos. The reason why most people lose gambling on casinos is because gamblers are not always very lucky. It wouldn't be called gambling if everyone can easily win and it will only called a contest rather than gambling, that is why casino's bankroll would surely increase. Investments are differentl where the money is used as one of the bankroll and they will earn.
Gambling is for entertainment not for source of income.This had been a wrong perception towards it this is why people do get wrecked because of this sole reason.The cycle keeps repeating because gamblers normally
chases up their losses which means they do keep coming back and keep on giving those money or profits to casinos.

This is the reality but there are lots of gamblers who get blinded on making themselves hitting the jackpot which is really a very wrong mindset.

Play on the amount that you can afford to lose and thinking those money you've spent is the amount that you had spent for the leisure you do seek.


Title: Re: The realities of modern casinos
Post by: South Park on March 31, 2021, 09:27:57 PM
What do you think, is it worth starting to play at an online casino at all, or is it better to invest this money in something worthwhile? Let's not let newbies go from first win to psychologist - how to stop gambling and lose everything! Let's talk about a rather difficult moment to play in a casino or not?
The two activities that you are comparing are very different and should never even be on the same sentence, gambling is all about fun, it should be nothing more but a form of entertainment and if you treat it as such then it is very easy to control how much money you spend while you gamble, investing in the other hand is done with one purpose only and that is to earn money, if that is what you are expecting out of gambling then I'm sorry to disappoint you but most likely that is not going to happen, and what is even worse if you are comparing the two most likely even if you invest your money you are going to lose it too, so I will recommend to you that you try your best to learn more about those two activities before you engage in any of those activities.