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Economy => Gambling discussion => Topic started by: Rruchi man on February 10, 2023, 06:56:36 PM



Title: Do casino and sports betting platform owners gamble as much as other people?
Post by: Rruchi man on February 10, 2023, 06:56:36 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?



Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Sandra_hakeem on February 10, 2023, 07:03:28 PM
A very big yes to this....
I have had mentorship and introductional tuitions from great gurus that are already in the system of function... And I was told the PROs and CONs..very importantly. Since I've had experience already in the field, I wanted to know how returns and cash deposits are being made to the maga slots and he showed me.
Secondly, during the discussion,  he made a statement about meeting a specific target TBH, say -- weekly target or so... He said that for the tickets to count a good number before the week runs, he needed to also gamble along...at first, that was looking insane to me but he explained how he's got to lose nothing at all if he loses to a bet.

Sandra 🧑‍🦰


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: swogerino on February 10, 2023, 07:10:54 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?



I don't know in general but I will tell you a couple of cases of some friends of mine who have worked at some casinos.The owners there used to not play at all,what they did is the same at least in this country,they used to pay for lunch for all the gamblers who stayed there gambling all day and sometimes these very owners got to the slot machine and played with max bet there in order to lure more gamblers as they played like with 100 EUR bet per spin and they played a lot so most people soon after got to the slot the owner played in order to get a good win after the owner lost a lot of money.

I don't know any case that the owners to keep playing and gambling as much as us,gamblers do.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Vaculin on February 10, 2023, 07:14:54 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?


Most probably, gambling casino owners have wide experience when it comes to gambling that’s why they chose to make it as a business instead because they know exactly how gamblers would end up loving the experience in gambling casinos that would make them to keep coming back and gamble again. And of course, those who will test first the gambling experience before any random gamblers are surely the casino owners themselves so that they can assess if the experience is worth it or not.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: ryzaadit on February 10, 2023, 07:15:51 PM
Based on the story podcast on my local youtube with a former people who work in-casino (Thailand).

I don't think the top people who have some position like leader especially owner/ceo or other top position is gonna to gamble on their casino. But the one who are gambler to their casino is their employee.

It's common things, while people who working on casino are gambler as well. Sad to hear this, but casino/landbase should make some rules (All of the employee cannot betting to their casino, avoiding the payment check is back to them again).

Like "Ferarri" rules to their employee, they don't want the money they're pay are going back again to their company by buying the car.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: noormcs5 on February 10, 2023, 07:20:07 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?



Before answering this i have a question in mind and i wish if someone can answer it. Lets suppose i am the onwer of the casino and i bet on a sports match on my own site. Now if i win, i pay myself the winning amount and if i lose , my money will remain with me as when gamblers lose a bet, it is actually casino who gains the money.

So does it make sense that a casino owner gamble on his own site ? In that case, he can never lose the money despite the result of the casino or betting game.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: cabron on February 10, 2023, 07:21:27 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?


While they could be gambler as well, they are already businessman who owns the betting platform. They can win already without betting, I think the thought along would already satisfy them.

And they are probably this passionate about gambling that they overcome it by owning a casino itself. But sure when it comes to money, you can never be over exposed.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: South Park on February 10, 2023, 07:25:14 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?


If I were to guess I would say for them this is a business and nothing more, they do not necessarily like to gamble themselves even if they hold some interest on the games, however even if they did gamble I think they will probably be more responsible than the majority of the gamblers out there as they understand very clearly how gambling works, and they are not going to spend all the money they have earned by gambling it away at the first opportunity they get.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: dothebeats on February 10, 2023, 07:40:04 PM
I know a casino owner personally and to tell you the truth, he established his platform because he has lots of friends who are frequent gamblers. He joins them in their gambling ventures before in order to get a hint of what do players want and what can he do in order to get a lot of players in his platform. After collecting intel and funds to establish his own platform, he rarely goes on to gamble. He's in it for the money-making opportunity, and I guess a lot of casino and sports betting platforms are the same. Not saying all, but probably a lot of them has this mindset.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: panjul07 on February 10, 2023, 07:44:37 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

There will be always two possible answers YES and NO.
Yes, casino owners do gamble a lot as well because maybe they were gamblers before and they may gamble on their own platform for marketing strategy or maybe they are gambling in other platform as part of entertainment.
No, it is mostly because the casino owners are not gambler but they see there is a big chance to make money from the gambling industry by owning a casino.
Or other reason for NO because it will be useless for casino owner to gamble in their own platform because winning or losing means nothing.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: acroman08 on February 10, 2023, 07:52:40 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
I remember reading somewhere the phrase "don't use what you sell"(or something like that), I think this is applicable to casino owners too. as others have said that there are casino owners that do gamble but I am certain that majority of them are business minded and do not actually gamble and if they do they only do it rarely or occasionally. getting too into gambling while having a business is a bad habit and ultimately will be bad for business, I'd like to think a lot o casino owners understand this.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: _act_ on February 10, 2023, 08:02:34 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
It will make no sense to them because they are the owner. Example is if I have a gambling site, I gamble, know that it is still my money if I win or lose.

If they win, it is there money it is the gain that it would be taken from there casino. If they lose, they lose to themselves and it is their casino. Which means they do not lose anything as they use their gambling site for it. That makes me think they can not even see gambling as fun.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Viscore on February 10, 2023, 08:40:09 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?


While they could be gambler as well, they are already businessman who owns the betting platform. They can win already without betting, I think the thought along would already satisfy them.

And they are probably this passionate about gambling that they overcome it by owning a casino itself. But sure when it comes to money, you can never be over exposed.
That’s a sure thing for casino owners as whether they gamble or not, the profits are already theirs so no need to exert more effort to gamble and win. However, I believe that those who end up putting a casino business are mostly enthusiastic about gambling, they may not be regular gamblers but they eventually know how to run a business casino and make a lot of ads and promotions so that gamblers will be more attracted to explore the casino.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: KTChampions on February 10, 2023, 08:47:03 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

Quite an interesting question. Reminds me of the rules of drug dealers not to use what they sell ;D
In fact, it seems to me that casino owners are the same people as everyone else (only with greater financial opportunities) and therefore they have similar preferences. Someone is only interested in business, someone is into sports, someone is into gambling, someone is into drugs/prostitutes, etc. Obviously, if they are passionate about gambling, then they are most likely high rollers. Whether they play in their casino is difficult to say, since on the one hand it is logical (the money goes to you yourself) and on the other hand it is not (it makes no sense to win at your own place).


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Johnyz on February 10, 2023, 08:51:19 PM
They might be playing with the other site or casino but using their own platform, I guess most of their employees are prohibited to do gamble because that is a conflict of interest.

The owner is surely a gambler as well because it will be hard to run a business if you are not familiar with it, though he has all the money already so playing might not be his priority anymore.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Bushdark on February 10, 2023, 08:58:06 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?


Many of the CEOs of the site we bet in don't even bets. They have everything in there possession so why do you think they have to bet and which money are they going to win. Many of these people are only interested in making consistent traffics to there casino so betting on the same or other casino can be very outrageous to think about. Just like the person that has a poultry will be so tire of eating eggs or chicken, same way would a owner of a casino. What they need is for them to make profits not to gamble themselves.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: romero121 on February 10, 2023, 09:12:03 PM
Maybe the online casino and sports betting platform owners spend on real casinos. When they gamble on their own platform it won't be anything exciting. Whether the gamble brings win or lose, there won't be any kind of excitement or frustration. If I'm not wrong the gambling sites owners might try how their platforms were performing playing different games.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Botnake on February 10, 2023, 09:13:33 PM
I know a casino owner personally and to tell you the truth, he established his platform because he has lots of friends who are frequent gamblers. He joins them in their gambling ventures before in order to get a hint of what do players want and what can he do in order to get a lot of players in his platform. After collecting intel and funds to establish his own platform, he rarely goes on to gamble. He's in it for the money-making opportunity, and I guess a lot of casino and sports betting platforms are the same. Not saying all, but probably a lot of them has this mindset.
I would say that there is already a shift of mindset when you are still a full gambler and now that you’re already a casino business owner. Instead of gambling your money and giving them to casino, most likely the mindset of the owner is never to gamble anymore but to invest his funds and attract a lot of gamblers to play on his casino so he can always take an edge of their funds. While gambling can also be his previous hobby, but now he is more focused on accumulating more profits from the gamblers that have been enjoying their stay in his casino business.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: TimeTeller on February 10, 2023, 09:23:18 PM
They might be playing with the other site or casino but using their own platform, I guess most of their employees are prohibited to do gamble because that is a conflict of interest.

The owner is surely a gambler as well because it will be hard to run a business if you are not familiar with it, though he has all the money already so playing might not be his priority anymore.

They other things on their mind rather than gamble on their own platform.
But I believe, they will try their own games if it really works or have bugs or other stuffs they need to take care about.
Definitely, they should know how their game works and not blind about their offerings.
But I don't think they will go to the extent of being addicted gambler, just occasional one just to check their site from time to time.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Distinctin on February 10, 2023, 09:23:46 PM
Maybe the online casino and sports betting platform owners spend on real casinos. When they gamble on their own platform it won't be anything exciting. Whether the gamble brings win or lose, there won't be any kind of excitement or frustration. If I'm not wrong the gambling sites owners might try how their platforms were performing playing different games.
There are also instances that these casino and sports betting platform owners would love to gamble at the different casino so they can also observe how is the scenario there and that they can also steal some ideas on how to improve their own platform by adopting those games from other casinos that have gained high demand from players and hoping that it will also create a good outcome once it’s played in their own casino.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Casdinyard on February 10, 2023, 09:28:54 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?


I do think some of them gamble, but not for profits of course, perhaps to get closer to the people that matters most, like high-rollers or people of influence in the government. Connections basically, is what would possibly drive them to gamble even inside their own casinos. Then again there's also the case of observing your competitors, so some owners may find themselves gambling in a different casino just to see what they are doing different in hopes of topping it off or maybe even copying the same strategy in theirs. Ultimately I can also see scouting for new games to include in their game roster as a reason why these owners may gamble. There's a lot of reasons why you as an owner would gamble, whichever it is, it's not solely for money, and most certainly not to just waste time.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Mahanton on February 10, 2023, 09:50:02 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?


For owners then it would be understandable that they are really that earning huge income or money out of their business which its either they would be making bets on their own platform or into others but sensibly speaking then they wouldnt want to lose up money on other platforms and would rather sticking out on playing on their own site.Yes, it might not really giving out that kind of chill since you know that you
arent risking something because you are betting on your own platform and you cant lose money because it would really be just going back which there's no point on betting so most likely
they would be considering on trying out to other places which we dont know if they are really considering such step.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Russlenat on February 10, 2023, 09:50:43 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?


I do think some of them gamble, but not for profits of course, perhaps to get closer to the people that matters most, like high-rollers or people of influence in the government. Connections basically, is what would possibly drive them to gamble even inside their own casinos. Then again there's also the case of observing your competitors, so some owners may find themselves gambling in a different casino just to see what they are doing different in hopes of topping it off or maybe even copying the same strategy in theirs. Ultimately I can also see scouting for new games to include in their game roster as a reason why these owners may gamble. There's a lot of reasons why you as an owner would gamble, whichever it is, it's not solely for money, and most certainly not to just waste time.
You are right there. These owners would not want to gamble for profits but to establish a bond on their players because that’s also part of showing them good customer service. Because if the owner itself knows how to handle the customers, most likely the business will grow more. And it’s a fact that there are times they want to explore some other casino platforms so they can compare their own casino to the other casinos. Not that they just want to copy their strategies being applied, but it’s also part of the competition that they should always make an edge over other casinos.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: BitcoinPanther on February 10, 2023, 09:55:21 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

No they are not the same.  The law of diminishing returns apply to food consumption.  The more same food we eat, the lesser we get satisfied with it.  So out taste buds opt for another food just to reset the satisfaction factor.  Gambling works the other way, the more winnings we get, the more bigger winnings we urge.  So instead of looking for another games, we tend to bet more to fill the satisfaction.

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

I believe owner of casinos do gamble, and it is possible to that they gamble in their own betting platform.  As people say, patronize your own products. 


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Cling18 on February 10, 2023, 10:03:47 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

No they are not the same.  The law of diminishing returns apply to food consumption.  The more same food we eat, the lesser we get satisfied with it.  So out taste buds opt for another food just to reset the satisfaction factor.  Gambling works the other way, the more winnings we get, the more bigger winnings we urge.  So instead of looking for another games, we tend to bet more to fill the satisfaction.

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

I believe owner of casinos do gamble, and it is possible to that they gamble in their own betting platform.  As people say, patronize your own products. 

I certainly agree with it. A person who puts up a business based on his interest so I believe that casino owners also gamble. An owner will not build up a business that he doesn't know anything about. It will also be an advantage if the owner is a gambler so he would know the weaknesses that his casino has and he will also have an idea of how to improve and develop it. But an owner must be a responsible gambler because if not, it will affect his casino in a negative way.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Issa56 on February 10, 2023, 10:11:12 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platfor
Some casino owners will gamble, why am sure some will not really gamble, but am sure before you can start a betting platform, am sure the person will definitely have enough knowledge about gambling first, so I think most gambling CEO will definitely gamble, am sure they will know the risk associated with gambling, so they might not really take gambling serious.
Also I think most CEO will gamble on their own gambling site if they want to gamble, they will keep on using their site, I don't think it's really making sense to have a gambling site, then you will endup using other gambling site, if the owner can't use it, then who will use it.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Quidat on February 10, 2023, 10:13:48 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

No they are not the same.  The law of diminishing returns apply to food consumption.  The more same food we eat, the lesser we get satisfied with it.  So out taste buds opt for another food just to reset the satisfaction factor.  Gambling works the other way, the more winnings we get, the more bigger winnings we urge.  So instead of looking for another games, we tend to bet more to fill the satisfaction.

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

I believe owner of casinos do gamble, and it is possible to that they gamble in their own betting platform.  As people say, patronize your own products. 

I certainly agree with it. A person who puts up a business based on his interest so I believe that casino owners also gamble. An owner will not build up a business that he doesn't know anything about. It will also be an advantage if the owner is a gambler so he would know the weaknesses that his casino has and he will also have an idea of how to improve and develop it. But an owner must be a responsible gambler because if not, it will affect his casino in a negative way.
When you are running a business then it is of course basing up with your own interest which it would be impossible for an owner on wont be testing up his own platform and making out betting on his own.In speaking about site functionality and overall security and other user experience matter then it would be also helpful for him to find out on something which he might be changing up later on.
If he do sees some odd placing or something in related then he do knows on whats best for his gambling site.In overall then whether they do play or not then its their own
choice on which not all the time we are really that having the vacant time on doing so.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Fortify on February 10, 2023, 10:21:18 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

"Don't get high from your own supply". In reality the owners of super successful casinos and sportsbooks are raking in millions, if not tens or hundreds of millions a year, so they already have two things in mind.. 1) that it's absolutely futile to bet against a casino or sportbook because they profit in the long run and 2) it doesn't matter if they gamble small amounts because they are unlikely to pick up an addiction because they have so many other things that make them happy in life. They might participate in gambling, but they have got a super successful site because they are good at managing a business and by extension finances, so they would generally only gamble if they are entertaining a client or for some other business/fun purpose.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: robelneo on February 10, 2023, 10:48:14 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

I don't think it's ok or there is a comparison between foods being produced and the urge or desire to gamble, foods are there to sustain your body and there are other foods that you can consume to sustain your body but on gambling, it's hard to find an alternative to fill your desire and the urge, gamblers can play daily for many years while a farmer cannot eat eggs daily for many years.

Quote
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

They do gamble and check other casinos to compare to their own but I don't think they will gamble on their own platform if they do gamble on their platform it is to check if the features are all good, what's the challenge of gambling on their own platform win or lose they still keep the money.




Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: chaser15 on February 10, 2023, 10:53:47 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

I think, No, in most cases. Casino owners are too busy with their respective businesses to still insert gambling on their own.

Maybe in some cases like in any big events such as world cup events (sports betting) but not that truly addicted or can be considered a regular gambler. I know in any company, there's one who will be assigned as the operation manager but still, these owners are hands-on.

Besides, we are not sure if these casino owners only operate casinos. Maybe they also have other businesses that's why there's no time for leisure activity.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: DoublerHunter on February 10, 2023, 10:55:30 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?


^ Yes, of course, they gamble too.
But not on their own platform, probably other platforms that they did not know. It seems like you are an idiot who places a bet in your own bankroll, if you win, that comes from your pocket. I think they gamble but in other gambling casinos, I have a friend before that who owns a gambling casino or an offline casino, but still, he loves to bet kin cockfighting than placing a bet on his own casino.
However, most probably a gambling casino owner is very busy running their business and it could be there is no time for gambling.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Oceat on February 10, 2023, 10:58:26 PM
I know a casino owner personally and to tell you the truth, he established his platform because he has lots of friends who are frequent gamblers. He joins them in their gambling ventures before in order to get a hint of what do players want and what can he do in order to get a lot of players in his platform. After collecting intel and funds to establish his own platform, he rarely goes on to gamble. He's in it for the money-making opportunity, and I guess a lot of casino and sports betting platforms are the same. Not saying all, but probably a lot of them has this mindset.
This is mostly what they do or simply they want someone to do it, because they weren't gamblers they are business mindset owner. They run business according to what the people needed and since gambling is everywhere, you can build your own. Although, it takes time or luck to see where they are right now.

I'm sure that OP thought farmers have chicken will be a farmer forever. If they want to, they will be somehow become a chicken farmer owner for their business. All I can say is they were once before but their main focus is their business because if they continue what they were doing in the past you won't see them where they are right now.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Fivestar4everMVP on February 10, 2023, 11:28:06 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
I know of many carpenters who have no chairs in their home, I rarely see mechanics with good cars or motor bike..
So personally from my various encounters and experience, I would tell you that casino owners don't gamble, as amazing as this may sound, it's the truth.
Think of it this way -
- If they gamble and lost, it's their money, the lost money will still come back to their pocket.
- and if they gamble and win, it's still their money, both money played with and money won still belongs to the casino owner...

What then is the essence of gambling? I can assure you that casino owners never gamble on other casino sites, except on rare cases, where they do it to gain some experience on how to improve their own casino.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: stomachgrowls on February 10, 2023, 11:29:43 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

I think, No, in most cases. Casino owners are too busy with their respective businesses to still insert gambling on their own.

Maybe in some cases like in any big events such as world cup events (sports betting) but not that truly addicted or can be considered a regular gambler. I know in any company, there's one who will be assigned as the operation manager but still, these owners are hands-on.

Besides, we are not sure if these casino owners only operate casinos. Maybe they also have other businesses that's why there's no time for leisure activity.
They might be busy but its impossible that they wont really be having some vacant to visit out one of their companies considering if they have multiple then gambling moments or times would be that slim but if this is their sole business then for sure they would be having the time on spending up.No one really knows on how these owners are doing when it comes to activities that they are dealing with.
Do they really tend to gamble on their own company? Yes they can do whatever they want since they do have the money on doing so. Are they doing gambling more that on the time compared to those
average players? no they're not, these people are busy ones for sure.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: harizen on February 10, 2023, 11:29:55 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

I don't think that the comparison is appropriate.

You used food as an example and obviously, we can't compare eating food to the pleasure that gambling will give.

In gambling, the winning experience is always the hope of anybody. Once a gambler experienced that, there would be no such thing as they don't want to experience it again therefore they will just gamble and gamble.

As for casino owners, that business gives them money therefore they will just manage continuously to keep the operation smooth. The smoother the operation, the more money they will have. We can't compare that experience to the example you have given which is about food.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Scripture on February 10, 2023, 11:35:48 PM
Probably yes since they are a gambler in the first place, but I’m not sure if they are still spending huge money in gambling since they already have a good business and If I were them, I will just focus on running that casinos because it requires a lot of attentions. Though many business man are still gambling they are just not disclosing it since it can affect on their reputation.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Wiwo on February 10, 2023, 11:39:07 PM
I think it is even against administrative laws and most casinos prohibit their staffs and owners from playing, thos is to prevent two things and this are.
- staffs and owners are prevented from playing on the casino because of game manipulation, because since their working with the company, they have access to a vital game information and there can temper with the outcomes of the games to abuse the system, which is why they're prohibited.
- the second reason is the racking off of the casino profits into bets that may be lost and lead to companies' bankruptcy, this has happened in a few cases.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: qwertyup23 on February 10, 2023, 11:44:36 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

I think some gambling owners gamble but only to a certain extent. Remember that these people are business-minded and they are driven primarily for profit. If they try or at least attempt to gamble, they would put themselves at the situation of risking their profits given the nature of business they run in the process.

Though this may be the case, there are actually some gambling owners who gamble on their platform to check on how their website operates. I also know a few owners who gamble on different websites purely for comparison and to see on how they can improve their current platform.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: coin-investor on February 10, 2023, 11:48:30 PM


Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?



They are in a gambling business they should know the in and out of the gambling business, they will not know these if they are not gamblers themselves, and I don't think they are going to play on their platform, what's the logic they can manipulate the results and even if they win it's not actually winning because it comes from their pocket it's pretty useless.
And like all the others here I don't think they will allow their staff or employees to play because it's unethical if they run into issues they will favor themselves since they are the ones running the casino if I were the owner I will not allow that, and all owners will do the same.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: goinmerry on February 10, 2023, 11:58:47 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

Yes, No and Maybe. There's no way we can determined if these casinos owners are really doing gambling.

Owning a casino and sports betting platform is a time consuming task and they have to make sure that everything is working properly.

We don't also have an accurate source we can rely on to know such stuffs so maybe a simple guess is all we can do.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: alegotardo on February 11, 2023, 12:27:36 AM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

I believe every casino owner has been addicted to gambling at one time or another.

Obviously he stopped gambling (to have the money and be able to open the casino) or else he won a lot of money to be able to open his own casino.
What keeps a person in this business is the high profitability and I'm sure they play a lot less than many of their customers, but they still play.

However, it is kind of "strange" that they play in a casino, because either they will know that they will hardly win something or else they will know their own tricks very well, which would discourage them from continuing to play.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: noorman0 on February 11, 2023, 12:43:01 AM
Not sure, maybe the owners only seriously bet on sports betting like their customers if they are sports fans, or bets that are not versus the house at all.
If the owner has experience on the gambling platform especially on the technical side, it is sure to simply test their own casino machines once in a while.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: chaser15 on February 11, 2023, 01:29:27 AM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

I think, No, in most cases. Casino owners are too busy with their respective businesses to still insert gambling on their own.

Maybe in some cases like in any big events such as world cup events (sports betting) but not that truly addicted or can be considered a regular gambler. I know in any company, there's one who will be assigned as the operation manager but still, these owners are hands-on.

Besides, we are not sure if these casino owners only operate casinos. Maybe they also have other businesses that's why there's no time for leisure activity.
They might be busy but its impossible that they wont really be having some vacant to visit out one of their companies considering if they have multiple then gambling moments or times would be that slim but if this is their sole business then for sure they would be having the time on spending up.No one really knows on how these owners are doing when it comes to activities that they are dealing with.

That's why there's a follow-up statement that I mentioned too that maybe in some cases, these owners might be participating too in big events in sports as that was really hype. But to think these owners are playing slots, roulettes mostly? I really doubt it.

These owners are surely busy managing their companies. And we are not even sure if they are only owning 1 company.

I agree with you though on your last statement that no one really knows what's the other activity of these owners aside from owning a gambling company.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Slow death on February 11, 2023, 01:46:04 AM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

you can observe the following in your city or neighborhood: see if there is a slot machine in your neighborhood, if you have a machine then go to that machine and play a little and observe for a few hours which people are playing, you will see that the owner of the slot machine does not play on his machine and you will hardly see him playing on other machines and this also happens with casino owners, so why does this happen?

in my opinion this happens because all people when they play want to win, they want to win money and winning money means beating the casino, but when you are the owner of the casino, you will play to win yourself and that has no motivation, it becomes something boring and meaningless, hence the casino owners will not play in the casinos even if it is someone else's casino, they start to look at the casino as a business like all businesses, of course also in the TOS of the casinos it is prohibited that the employees and all the casino's technical team to play in the casino where they work and in other casinos where they don't work


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: ethereumhunter on February 11, 2023, 01:57:11 AM
The answer is maybe. The owners of casinos and sports betting platforms probably won't gamble as much as others because they want to profit. But it is also possible that a casino owner often gambles as a casual player in his own or other casinos. It just depends on the habits of the casino owners and if they are used to gambling, having their own casino can give them freedom when they can gamble. But I guess casino owners only occasionally gamble because they want to profit from their business.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Don Pedro Dinero on February 11, 2023, 02:40:46 AM
A very big yes to this....
I have had mentorship and introductional tuitions from great gurus that are already in the system of function... And I was told the PROs and CONs..very importantly. Since I've had experience already in the field, I wanted to know how returns and cash deposits are being made to the maga slots and he showed me.
Secondly, during the discussion,  he made a statement about meeting a specific target TBH, say -- weekly target or so... He said that for the tickets to count a good number before the week runs, he needed to also gamble along...at first, that was looking insane to me but he explained how he's got to lose nothing at all if he loses to a bet.

Sandra 🧑‍🦰

I find this strange and although I understand that it is possible that casino owners can gamble in their own casino, the closest I have experienced is a relative who had a place where there were slot machines and he never gambled on them.

I remember reading somewhere the phrase "don't use what you sell"(or something like that), I think this is applicable to casino owners too. as others have said that there are casino owners that do gamble but I am certain that majority of them are business minded and do not actually gamble and if they do they only do it rarely or occasionally. getting too into gambling while having a business is a bad habit and ultimately will be bad for business, I'd like to think a lot o casino owners understand this.

In my case I think that if I were the owner of a casino I might gamble from time to time but it would be pointless to gamble a lot, as it would be like taking money out of my left pocket and putting it in my right.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Wexnident on February 11, 2023, 05:49:15 AM
Well, I don't think they have anything to lose if they gamble in their own casinos, so yea I think so. Ofc I don't think this applies to every owner, but I reckon most new owners would probably gamble a lot in their own casinos, but later on, would probably never touch it again, or maybe a bit but very rarely cause I think at that point, their assets would be pretty big already and they're either playing golf or doing some other type of hobby. As an owner of a casino business, I reckon they know themselves about the risk of touching it for a long time (especially in their case since they are the owner) so if I were them, I'd stay away after it has settled down.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: el kaka22 on February 11, 2023, 06:31:54 AM
I have talked with one back in the day, it was one of the earliest casinos in crypto, and the owner was just too busy to gamble. He was a big big time gambler, he spent hours and hours gambling everyday, and that is why he wanted to own a casino, and after he stopped gambling to build his casino, he had to work so much that, he didn't had time to watch tv, eat outside with friends, go to movies, see a play, nothing. He had to work as much as 20 hours a day sometimes, sometimes a bit less but 15 hours was a "nothing happened today" day for him.

So, if you are an owner like that, then you do not have time to gamble, but if you have time to gamble... well then you are doing something wrong.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: livingfree on February 11, 2023, 06:50:05 AM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
Just as your example, I don't think that they do that much to gamble. They are there for the business and that's through getting profit from their customers which are the typical gamblers.

Their principle is more with the business and not with the actual gambling. They might gamble sometime but they're more focused into their operations instead of gambling through their platform.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: klidex on February 11, 2023, 06:57:41 AM
I'm sure they, as owners of a gambling or sports betting platform, must also make a bet on every game.
However, it will be a little different from most gamblers out there because they definitely have very large money so that every bet will risk more money than the usual gamblers.
In fact, they don't bet on the online gambling platform but directly at the place that is usually provided by the match organizers and bets will be made with their business partners.
This is often done in prestigious matches and I myself have received this kind of information several times.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Falconer on February 11, 2023, 07:06:44 AM
I don't know any specific casino owners so far, and I tend not to be too curious about what they do for their business, but it is very possible to find them gambling just for fun or for marketing purposes.

To be honest, I don't think it's important to think about it because basically the owner of tobacco company is also very likely non-smoker. Vice versa in the gambling industry, casino owners do not gamble for themselves but they ask some of their staff to gamble where the budget used is from the owner. This is marketing related, so the case may be very different.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: QueenVera on February 11, 2023, 07:12:49 AM
Your illustrations are really very funny and realistic but you really can't compare gambling to the examples you gave because I haven't seen anyone who will boldly say his statisfied with the money he or she has because human quest and desires are unsatisfying so to answer your question, I think yes that betting platform owners gamble but I'm not certain if it's as much as the regular gambler.
I've seen someone who sells local dey gin and it seems that every morning the first thing he does is to take a glass shot of the local gin and at some point when I read this thread I felt the guy is an exception and I guess gambling depends on ones personal desires rather than what they own.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: len01 on February 11, 2023, 07:13:19 AM
we cannot equate between food or the like with gambling. yes it is true that boredom will surely appear after we keep doing the same thing. but not for gambling.
because, gambling is like a forbidden drug that will not give a bored effect, instead it gives an addictive effect. different from us eating eggs every day and over time we get tired of eating eggs continuously.
another example, a gambler who keeps losing. obviously it's supposed to bore gamblers, but it doesn't. it's precisely the defeat that is addicting.

the conclusion is that gambling carries out betting activities using money which makes our brains always addicted to the feeling of losing money, or the feeling of being greedy when winning.


I think the casino owner is not necessarily he likes to bet or gamble like the average gambler. sometimes casino owners don't like to gamble and just want to make more money without having to waste money on gambling.
however, if there is a casino owner who likes to gamble, it will most likely have a negative impact on the development of his casino. because as I said, gambling is addicting and if a casino owner is addicted to gambling, the money his gambling business generates will surely be spent on gambling elsewhere.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: maydna on February 11, 2023, 04:06:51 PM
Casino owners can gamble on the free time they have in their busy lives managing the casino. But I don't think they will play gambling for long because there will be a lot of work that they have to complete every day. And as casino owners, they have to make sure that they can benefit and that there is no time to rest just to gamble. Maybe they can stop gambling and choose to oversee their business and think about how their business can grow even more rapidly.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: virasisog on February 11, 2023, 04:38:53 PM
Of course, they also gamble. It will be hard for casino owners to run a business that they aren't familiar with but for sure, but they don't gamble that much since they have other priorities to focus on. They can't grow their business and focus on developing it if they will just gamble all the time. They will surely use their time wisely. They can earn even without gambling all the time so it will not be their main priority.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: seoincorporation on February 11, 2023, 04:42:40 PM
I have seen a couple of times some casinos owner doing some wagers, but I don't think they do it for gambling, they do it more to test the engine. And if they want to gamble big, I don't think they will do it in their own casino because the fact that getting paid with your own money isn't a good business at all.

Most of the casino owners understand they are the house, and as the house, they are gambling 24/7 against the users, so, there is no need to place bets.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: blockman on February 11, 2023, 05:01:39 PM
I have seen a couple of times some casinos owner doing some wagers, but I don't think they do it for gambling, they do it more to test the engine. And if they want to gamble big, I don't think they will do it in their own casino because the fact that getting paid with your own money isn't a good business at all.

Most of the casino owners understand they are the house, and as the house, they are gambling 24/7 against the users, so, there is no need to place bets.
It's like going to be against their goal as owners if they go against their own platforms. Yeah, that might be the reason why they gamble on their own and that's just for the sake of testing or exposure that they're the ones who also support themselves.
But to be like addicted gamblers, that's probably out of the book if they do it on their own platforms. Most likely, they'll gamble somewhere else if they really are an addicted gamblers.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: nakamura12 on February 11, 2023, 05:24:29 PM
I don't know if this applies to all casino and sports betting platforms but I think they would also gamble in their own casino but I think they wouldn't spend too much time gambling in their own casino since they are owners then I think that they should be busy with other things too and plus the casino they own too. It could also be means testing their own casino. After all, it is a business and they don't wnat to gamble in someone else's gambling platform. Why


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: jostorres on February 11, 2023, 07:21:00 PM
Of course, they also gamble. It will be hard for casino owners to run a business that they aren't familiar with but for sure, but they don't gamble that much since they have other priorities to focus on. They can't grow their business and focus on developing it if they will just gamble all the time. They will surely use their time wisely. They can earn even without gambling all the time so it will not be their main priority.
Yes, they gamble. You know stake casino owner? Eddie always gamble on his own platform every weekend. If he isn't around I think its co-partners are a substitute. They started as a gambler before they came up with the idea of creating their own casino. Maybe they realize that they can't win if they will remain as a customer.

The goodness of having your own gambling platform is that you can play for fun while earning nice amounts of money in the background. There is nothing wrong if they can gamble heavily as long as they won't do it on other casino. They still have other personnel to run their casino and there is no need for them to monitor it round the clock.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: capedbaldy on February 11, 2023, 07:26:09 PM
Most of the casino owners understand they are the house, and as the house, they are gambling 24/7 against the users, so, there is no need to place bets.
It is very logical, that the bookmakers would not be interested in gambling in the casino itself, but they want to fight the users to profit from their losses, the bookmakers only think about the future of the casino business and everything about getting money from the gamblers. So it's exactly as you said if the chicken business owner is tired of eating chicken and eggs but his focus is on selling all the chickens and eggs to earn money.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: dothebeats on February 11, 2023, 08:53:48 PM
I have seen a couple of times some casinos owner doing some wagers, but I don't think they do it for gambling, they do it more to test the engine. And if they want to gamble big, I don't think they will do it in their own casino because the fact that getting paid with your own money isn't a good business at all.

Most of the casino owners understand they are the house, and as the house, they are gambling 24/7 against the users, so, there is no need to place bets.

Pretty much sums it up.

Most of the time they play on their platform to see what else do they need to work on and what other things are there to improve. They don't need to gamble to earn money, they just have to run everything smoothly in order for the money to come in. They just need to iron out some of the features in order for the gamblers to have a good time, and if they have a good time they're likely to spend more.

As a business owner you don't use your product for personal consumption for the most part.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: harizen on February 11, 2023, 09:24:53 PM
In my case I think that if I were the owner of a casino I might gamble from time to time but it would be pointless to gamble a lot, as it would be like taking money out of my left pocket and putting it in my right.

Casino owners are surely business minded and they might not that doing that heavy gambling but instead, will just spend their time focusing on their respective businesses. It's like other big businessmen where the focus is to make money, and not to face the risks of gambling on it.

In my case though, if I'm a casino owner and my casino is really getting big, I won't bother to do gambling now but instead will be hands-on the operation of my casino to run fully and healthy in the long-run.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: goaldigger on February 11, 2023, 09:26:07 PM
Most of the casino owners understand they are the house, and as the house, they are gambling 24/7 against the users, so, there is no need to place bets.
It is very logical, that the bookmakers would not be interested in gambling in the casino itself, but they want to fight the users to profit from their losses, the bookmakers only think about the future of the casino business and everything about getting money from the gamblers. So it's exactly as you said if the chicken business owner is tired of eating chicken and eggs but his focus is on selling all the chickens and eggs to earn money.
Its a business, their goal is to make profit and remain in the competition so playing on their own house might not be the option, they are a reputable casino owner and if they will try to play on other casino, probably it will create bad news about him and it can ruin the reputation of his own casino so I also believe there is no need for them to place a bet. As a casino owner you should be more focus on your operations because it requires your full attention.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: rahmad2nd on February 11, 2023, 09:40:35 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?


I remember the national TV show, which interviewed several big businessmen in my country. and one of them, is a successful businessman a well-known cigarette boss. in short, he said, even though he owns a cigarette business. but that does not mean, he is also a smoker.

I will implement it on the owner of the casino betting platform. even though the platform casino owner is engaged in the gambling industry, it does not mean that the owner is fond of gambling. after all, without having to bet on gambling, they have beaten many gamblers who play on their casino platforms. even so, do not rule out, that the owner also likes betting. but the fact is, we never know for sure. if they were, at least they would be betting on another casino platform or ideally betting on a land based casino.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: uneng on February 11, 2023, 09:55:19 PM
This is a curious question and although I don't know any casinos' owners for real to claim they are casual gamblers or not, what I know is that depending the jurisdiction casinos' owners aren't allowed to bet inside their own businesses.

Are casino owners allowed to gamble on their own machines? (https://www.lasvegasadvisor.com/question/casino-owners-gambling/#:~:text=Assuming%20you're%20referring%20to,property%20or%20any%20affiliated%20one.)

And actually it makes total sense. Just like sportsmen can't bet on the sports they play. After all, it would be a negative propaganda if a casino's owner kept winning jackpots on his own business, while majority of the customers would be losing... That would be easily used by other companies to take advantage on the industry against that casino in particular.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: goinmerry on February 11, 2023, 11:07:55 PM
I remember the national TV show, which interviewed several big businessmen in my country. and one of them, is a successful businessman a well-known cigarette boss. in short, he said, even though he owns a cigarette business. but that does not mean, he is also a smoker.

I will implement it on the owner of the casino betting platform. even though the platform casino owner is engaged in the gambling industry, it does not mean that the owner is fond of gambling. after all, without having to bet on gambling, they have beaten many gamblers who play on their casino platforms. even so, do not rule out, that the owner also likes betting. but the fact is, we never know for sure. if they were, at least they would be betting on another casino platform or ideally betting on a land based casino.

A nice point. After all, we can assume that these casino owners maybe also own several businesses and investments that make them really busy that even a small time of gambling can't be done. Referring to your shared story, that's true that a businessman can't be assumed right away that their business is also their usual activity but rather only focus on managing it.

The same goes for casinos that their owners might be an owner of other industries as well not related to gambling.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Fivestar4everMVP on February 11, 2023, 11:31:17 PM
Tbh, I think they are not interested to gamble with same desire like average gamblers have during gambling. When owner plays on his own casino, the loss and won money became same $ at the end of the day. Maybe team members gamble during their spare time but I doubt owners have time to gamble that much. Just my 2 cents.
You are definitely right and I share same opinion as you, most people don't have interest in what they offer as a business or service to other people.
Several times, Ive seen interviews of entertainers who affirmed to the fact that they do not watch TV, and so also, they do not allow their children watch TV.
I believe it is same with owners of gambling houses, gambling on their own casino will be so boring for them since they win or lose nothing when they gamble, except they decide to gamble on a different casino that is not theirs, which most wouldn't do.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: aioc on February 12, 2023, 03:26:35 AM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

I don't think these casino operators and sports betting platform owners will get tired or have overexposure because they are making money from their platform, you will keep your enthusiasm because this is your cash cow and the competition is very high.

Quote
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

They should gamble how would they understand the motivation of gamblers if they are not gamblers?
 I don't think they are playing in their platform because it's unprofitable, it's like buying your own product when you can get it free because it's yours, if they are going to use their platform it should be in a test. 




Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Darker45 on February 12, 2023, 03:37:28 AM
I don't think there is a single pattern for all of them. But what I'm almost sure of is that casino and other gambling platform owners must love gambling or betting in one way or another. They won't choose to get involved, risk a big amount of money, dedicate time, effort, focus, and energy on a business they don't love. They must be gamblers also, but probably more businessmen than gamblers. So rather than spending too much time gambling, I suppose they are busier with business-related things.

I suppose they also gamble in other casinos at times, probably to experience what other casinos have to offer, get ideas on how to develop their casinos more, and so on.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: xSkylarx on February 12, 2023, 03:52:45 AM
It makes no sense, as win or lose, it's still the owner's money, but for sure the owner gets tired because he is the one who first tried to play all the games before they were released to the public, and I also think the owner just plays it for fun no matter if he loses or not in his free time. He just focused more on running his casino than playing it. Also, for sure, he is already used to it because most of the owners of the casino or betting site have a wide knowledge of it; that is why they made that platform and want to venture more into it than just playing.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Hispo on February 12, 2023, 03:57:28 AM
I actually have no idea, I would say most of them could be gamblers themselves but they try gambling not to become a problem which could affect their own business.

Also, I am inclined to think that they would likely gamble in their own casinos for the sake of advertisement and public relations, but makes sense they also gamble on other casinos, so they would not feel tempted to give credit to themselves.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: lienfaye on February 12, 2023, 04:09:03 AM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
When you start your own business usually it's your passion and interest to operate it well. That being said, I believe these owners are a gambler too. However since they know how it works and their business is always the priority, they might also playing to test their games and not to play as a normal gambler who play to win. Moreover they venture in casino business because they know the house always win.

Playing on their own casino or on other platform can give them wide knowledge what more to add or what's lacking to run their own casino smoothly.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: coinerer on February 12, 2023, 04:31:27 AM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
Running a casino site or sports betting site is their business.  And they don't waste their precious time gambling and spend more time on site development and always try to introduce new features to their site.  So I don't think casino owners play casino games on their own sites all the time.  But yes the casino site is run by people who have enough knowledge about casino.  So they test the performance of the site by playing the casino occasionally on their own site. And maybe when they spend their free time maybe they spend some time gambling on their site.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: acroman08 on February 12, 2023, 04:53:25 AM
I remember reading somewhere the phrase "don't use what you sell"(or something like that), I think this is applicable to casino owners too. as others have said that there are casino owners that do gamble but I am certain that majority of them are business minded and do not actually gamble and if they do they only do it rarely or occasionally. getting too into gambling while having a business is a bad habit and ultimately will be bad for business, I'd like to think a lot o casino owners understand this.
In my case I think that if I were the owner of a casino I might gamble from time to time but it would be pointless to gamble a lot, as it would be like taking money out of my left pocket and putting it in my right.
exactly, casino owners might gamble from time to time, and it is pointless to gamble a lot as it would be bad for business since you'd be taking money out and there is also a chance of getting addicted too if you gamble too much. casino owners are business minded, they would rather earn money than gamble it away.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: joeperry on February 12, 2023, 05:17:14 AM
We are not sure about that but I think at some point they've been a gambler but right now they are not losing as they are now businessman. It's actually smart to do as instead of losing you will always be winning if you have gambling site as we all know that no one can beat the house, though it might take courage and huge bankroll to start one.

They wouldn't be in the gambling business if they haven't been in gambling but just like your example maybe they are fed up with the gambling, instead they use gambling to make them money.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: irhact on February 12, 2023, 05:38:32 AM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

Gambling as a form of entertainment, yes I think they do that very often. Casino owners don't lack cash as they have that quite easily. There are more losers than winners daily so the casino is always in profit. When there's cash liquidity in excess form, the casino owners won't have any need to gamble for profits, they could only gamble as a means of entertaining themselves. The case though is different for those working in the casino as they'll be tempted whenever's they see a gambler winning it big.

Casino owners are millionaire and they usually engage in other illegal activity that steadily bring in cash to their pocket. Most casino owners are into drug trafficking, money laundering and whatever illegal business associated with gamblers. With this amount of money coming into their pockets, I doubt they'll too obsessed with playing some slots games.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: worle1bm on February 12, 2023, 06:08:26 AM
I don't have much knowledge on this matter as there have been not any such interaction with casino owners or seen podcast where such talks were discussed.But if we talk in general then according to me it's business for them and they don't gamble on their casino but look after all the matters but on the special occasions or say testing phase they might gamble also with other players as business strategy but not on regular basis as shop owners don't eat from their shops all the time.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: ethereumhunter on February 12, 2023, 07:03:24 AM
I don't have much knowledge on this matter as there have been not any such interaction with casino owners or seen podcast where such talks were discussed.But if we talk in general then according to me it's business for them and they don't gamble on their casino but look after all the matters but on the special occasions or say testing phase they might gamble also with other players as business strategy but not on regular basis as shop owners don't eat from their shops all the time.
It will be up to them whether they want to gamble in their own or another casino. After all, we will never know if they play gambling in any casino because they will hide their identity so that no one knows if they are casino owners. But I feel they will not have time to play gambling because they are busy taking care of their business, especially if they have a lot of business. They are better off using their free time to gather with their families or do other things that have nothing to do with gambling.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Jawhead999 on February 12, 2023, 07:07:11 AM
I think someone who create casino is started from become a gambler and keep losing, then he realized if become a gambler you have no way to win, instead of that he create his own casino in order to make profit in gambling niche. I don't think the casino's owner want to gamble, they might gamble but it's just for fun especially betting with his friend in their favorite sport. The casino owner already mature, he will spend his money to expand his business rather than wasting money.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Accardo on February 12, 2023, 07:15:11 AM
Based on the story podcast on my local youtube with a former people who work in-casino (Thailand).

I don't think the top people who have some position like leader especially owner/ceo or other top position is gonna to gamble on their casino. But the one who are gambler to their casino is their employee.

It's common things, while people who working on casino are gambler as well. Sad to hear this, but casino/landbase should make some rules (All of the employee cannot betting to their casino, avoiding the payment check is back to them again).

Like "Ferarri" rules to their employee, they don't want the money they're pay are going back again to their company by buying the car.

I don't think this is right, those working in casino, not all know a thing about gambling. The croupiers are there to set things up or make arrangements for live games. Seeing them as gamblers can be wrong because most of them don't gamble and the CEO won't need such as it can ruin their business. The employees won't be serious with the business. Even in real casinos players always get disappointed with the void answers casino workers give to their questions, showing that they know nothing about how a machine works or the bonus a machine pays out. In addition, the few who gamble may not be allowed to play in the same casino where they work.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Crypt0Gore on February 12, 2023, 07:26:37 AM
Casino owners understand the game more than anybody, they know how their games are wired so my answer is NO, casino games are wired to make you lose more than you win, they will rather sit back and watch you buy the lottery ticket, running casino makes them rich, why would they want to play themselves? Believe me, they refer to stay away, it's the game of the rich and the poor, winning less and losing more makes casino owners extremely rich. Let that sink in.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: electronicash on February 12, 2023, 07:30:11 AM
Based on the story podcast on my local youtube with a former people who work in-casino (Thailand).

I don't think the top people who have some position like leader especially owner/ceo or other top position is gonna to gamble on their casino. But the one who are gambler to their casino is their employee.

It's common things, while people who working on casino are gambler as well. Sad to hear this, but casino/landbase should make some rules (All of the employee cannot betting to their casino, avoiding the payment check is back to them again).

Like "Ferarri" rules to their employee, they don't want the money they're pay are going back again to their company by buying the car.

I don't think this is right, those working in casino, not all know a thing about gambling. The croupiers are there to set things up or make arrangements for live games. Seeing them as gamblers can be wrong because most of them don't gamble and the CEO won't need such as it can ruin their business. The employees won't be serious with the business. Even in real casinos players always get disappointed with the void answers casino workers give to their questions, showing that they know nothing about how a machine works or the bonus a machine pays out. In addition, the few who gamble may not be allowed to play in the same casino where they work.

seem logical for casino to have rules like that. not allowing thier employees to gamble after all who knows best about gambling addiction but the casino's head office? they know this like the back of thier hands and they don't wanna handle these issues on thier employees.

but i bet they gamble secretly somewhere else or online at the competitor's casino. they got to spy on the competitor and hope to win.



Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: mindrust on February 12, 2023, 07:30:14 AM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?



They probably don't unless they get rich first. That's because one can simply not get rich playing unless he fucks over the platform he is playing on. (in other words stealing from them) That's how gambling works. The casino wants your money and you want the casino's money. Somebody will have to bend.

If the casino owner plays with his own money (on somebody else's casino) he will lose that money to somebody else. The aim of the casino owner is making money and once they start making more and more, they will probably never ever think about playing because playing would mean losing.



Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: danherbias07 on February 12, 2023, 07:45:37 AM
Yes, I do think they also gamble on their own platform.

We cannot compare it with food businesses though. It's different.
Gambling has a factor that most people will find not tiring to do habitually. For sports bettors, it's not just about the money they gamble but also the game in line especially if they are a fan of the team or a player.
Though Casino games might become tiring in the long run but because of the wide variety of games they offer, a gambler can find himself entertained again when they switch games.
Slots especially, there are different kinds of it now and some of them are really fun.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: noormcs5 on February 12, 2023, 09:02:24 AM
I don't know if this applies to all casino and sports betting platforms but I think they would also gamble in their own casino but I think they wouldn't spend too much time gambling in their own casino since they are owners then I think that they should be busy with other things too and plus the casino they own too. It could also be means testing their own casino. After all, it is a business and they don't wnat to gamble in someone else's gambling platform. Why

Although i don't see any reason why the gambling owners will gamble on their own casino expect that by gambling themselves it will be seems that someone is very active in their site and taking high risks, so others will be tempted to do so. In fact the casino, where the traffic is less, the owner can deploy few of his staff to keep gambling so that other players knows that the gamblers are active on this casino.

Really, its hard for me to find any positive reason as why would the owner of the betting site will bet on his site which he can't win and lose from his own money or casino.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: slapper on February 12, 2023, 12:22:07 PM
Yes, I do think they also gamble on their own platform.

We cannot compare it with food businesses though. It's different.
Gambling has a factor that most people will find not tiring to do habitually. For sports bettors, it's not just about the money they gamble but also the game in line especially if they are a fan of the team or a player.
Though Casino games might become tiring in the long run but because of the wide variety of games they offer, a gambler can find himself entertained again when they switch games.
Slots especially, there are different kinds of it now and some of them are really fun.
I understand the excitement and attraction of gambling, whether it is sports betting or casino gaming. Nevertheless, I believe there would be a major conflict if casino owners gambled on their own platform. It's like being both the judge and the defendant at once. Regarding the operation of a casino, it is crucial to keep professionalism and objectivity.

Furthermore, it is intriguing to see how different sorts of games and betting possibilities may appeal to various types of gamblers. From sports bettors who have a personal stake in the result of a game to those who love the excitement of playing slot machines with a variety of themes, there are a wide range of individuals who enjoy gambling. I believe it's essential for casino owners to continuously review and provide a wide variety of games to keep their consumers amused and interested.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: len01 on February 12, 2023, 01:31:17 PM
Casino owners understand the game more than anybody, they know how their games are wired so my answer is NO, casino games are wired to make you lose more than you win, they will rather sit back and watch you buy the lottery ticket, running casino makes them rich, why would they want to play themselves? Believe me, they refer to stay away, it's the game of the rich and the poor, winning less and losing more makes casino owners extremely rich. Let that sink in.
that's right, a casino owner would never have any interest in gambling or betting in his own casino or in any other casinos. because casino owners only think about getting more money or income from their business without wasting money on their own business.
casino owners are more interested in improving and growing their gambling business to be able to attract more gamblers to bet on their casinos and be able to get much bigger profits, rather than having to waste time and money on gambling.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: danherbias07 on February 12, 2023, 02:33:51 PM
Yes, I do think they also gamble on their own platform.

We cannot compare it with food businesses though. It's different.
Gambling has a factor that most people will find not tiring to do habitually. For sports bettors, it's not just about the money they gamble but also the game in line especially if they are a fan of the team or a player.
Though Casino games might become tiring in the long run but because of the wide variety of games they offer, a gambler can find himself entertained again when they switch games.
Slots especially, there are different kinds of it now and some of them are really fun.
I understand the excitement and attraction of gambling, whether it is sports betting or casino gaming. Nevertheless, I believe there would be a major conflict if casino owners gambled on their own platform. It's like being both the judge and the defendant at once. Regarding the operation of a casino, it is crucial to keep professionalism and objectivity.

Furthermore, it is intriguing to see how different sorts of games and betting possibilities may appeal to various types of gamblers. From sports bettors who have a personal stake in the result of a game to those who love the excitement of playing slot machines with a variety of themes, there are a wide range of individuals who enjoy gambling. I believe it's essential for casino owners to continuously review and provide a wide variety of games to keep their consumers amused and interested.
And that might also be a good reason why they will keep on playing. Be the customer first so that they will know what is lacking on their site.
They cannot just be owners who just take money from their business, they must also know the side of the customers if they want a bountiful harvest.
That could be their way to identify what bonuses and events they should bring in to pull more players/gamblers.
As a casino owner, you cannot just wait for the cash to flow in, there must be a long-term goal and that means keeping the gamblers excited by creating a lot of events for them.
The easiest way to identify that is by playing on the other side, the gambler's side.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: YOSHIE on February 12, 2023, 02:58:25 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
As far as I know 'no' they are the owners of online casino gambling sites, never gamble, just like the owners of cigarette factories, the owners don't smoke.
The reason: The owner knows the risks and dangers of gambling & also the dangers of smoking, this example is real.

I once asked a person, he used to own a land casino, now that person's land casino is closed, the reason for the lack of visitors, in short: he switched to an online casino, I asked exactly what you asked here.
Answer:
That person has never gambled anywhere, whether it's his own gambling platform or someone else's gambling platform, the reason is he doesn't have time, because he has to control and monitor their gambling platform and spend almost 24 hours a day, that reason apart from the risks that I said above, the reason their money has a monthly and yearly turnover, so they/owners never gamble anywhere.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: GigaBit on February 12, 2023, 03:58:14 PM
Casino owners understand the game more than anybody, they know how their games are wired so my answer is NO, casino games are wired to make you lose more than you win, they will rather sit back and watch you buy the lottery ticket, running casino makes them rich, why would they want to play themselves? Believe me, they refer to stay away, it's the game of the rich and the poor, winning less and losing more makes casino owners extremely rich. Let that sink in.
that's right, a casino owner would never have any interest in gambling or betting in his own casino or in any other casinos. because casino owners only think about getting more money or income from their business without wasting money on their own business.
casino owners are more interested in improving and growing their gambling business to be able to attract more gamblers to bet on their casinos and be able to get much bigger profits, rather than having to waste time and money on gambling.
A casino owner is always busy with his own business. He does not have much time for personal gambling. But if a casino owner wants he can do gambling. I have not found any information where a casino owner gamble personally. Because he is so busy that he has no time to look at the other side. Moreover, a casino owner may have multiple business sectors and those who are involved in such big business usually do not gamble but someone can be exceptional. Those who conducting small casino business they can do it. One can win big from the casino but the business owner are always on top Because they have no possibility of losing.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: BitcoinAccepted on February 12, 2023, 04:07:42 PM
A casino owner with a lot of money will take his gambling in his own way. After all, investing in a casino is also a certain degree of gambling if you think about it, of course. And he knows that a lot of gambling can normally eventually lead you to bankruptcy. Surely a wealthy casino owner has better ways to manage his money than gambling? He could gamble it away in his own casino, then he won't lose anything and he might still feel the kick and adrenaline. But when customers gamble, he is actually already gambling because he can also lose if customers win a lot of money.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: jrrsparkles on February 12, 2023, 04:10:17 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?


I don't think they will have enough time to gamble that much compared to a professional Gambler but they do gamble cause even if they win or lose on their own platform it won't make any changes in their pocket. The owners will treat it as business and try to be professional and I do hear most casino owner have lot of business to handle so time will be their main issue when it comes to their entertainment factor.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Mauser on February 12, 2023, 04:31:53 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

That's an interesting question, I never really thought about if casino owners are using their own platforms. To a certain extent it makes sense for any owner to actually use their own casino. Only as gambler you will see how well your casino is running and if the website and games are running flawlessly. For that the owner could create demo accounts and wouldn't have to real use real money. If the owners enjoy gambling and want to see what the competiton is doing it would also make sense to have accounts and the other big casinos. But gambling large sums would be better to do at their own casino. Another question if any money the owner makes is better to be paid out as a salary or maybe as gambling win. This depends on the tax rates in the respective country, and maybe it's worth it to pay some money as a form of free bets.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: pixie85 on February 12, 2023, 04:51:54 PM
I know a casino owner personally and to tell you the truth, he established his platform because he has lots of friends who are frequent gamblers. He joins them in their gambling ventures before in order to get a hint of what do players want and what can he do in order to get a lot of players in his platform. After collecting intel and funds to establish his own platform, he rarely goes on to gamble. He's in it for the money-making opportunity, and I guess a lot of casino and sports betting platforms are the same. Not saying all, but probably a lot of them has this mindset.

That shows there's no definite answer to OP's question. It's like with that old saying that bartenders don't drink, because they see so many people get drunk every day that it takes the pleasure away from the drink.

It's the same with mechanics. Some repair cars in their free time after work and some can't look at this stuff when they get home. They prefer to watch TV or something.

If I were to say I'd expect most casino owners to gamble much less than their clients do.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: PX-Z on February 12, 2023, 05:02:18 PM
I know someone who owns a casino that is open to what he usually do (business related) and share it on social media. A former gambler who saw a big opportunity in the industry, so yes, they have gambled.
Owning a casino means you know how it really works, because you profit from it. And that's why they don't gamble as much as any regular gamblers do.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: rahmad2nd on February 12, 2023, 07:08:17 PM
that's right, a casino owner would never have any interest in gambling or betting in his own casino or in any other casinos. because casino owners only think about getting more money or income from their business without wasting money on their own business.
casino owners are more interested in improving and growing their gambling business to be able to attract more gamblers to bet on their casinos and be able to get much bigger profits, rather than having to waste time and money on gambling.

The answer is, maybe yes, maybe no. because the fact is, we really don't know for sure. but ideally, a casino owner would not be gambling especially in his own casino platform. why, this is because it is closely related to maintaining professionalism as a casino business owner, especially if a platform casino is managed by a large company. In the modern age there are plenty of online casinos, I highly doubt that the casino owners also enjoy betting on sports or casino games. they do this business as professionally as possible, without involving pleasure with the business they are in.

But, I have another story. in our country, I know one of the casino bosses, as well as the lottery boss. "but that was" because I used to work for him, before things got illegal. I know, how much profit per day they get just from one of the land casino locations, they even have a lottery business. not infrequently, the boss often gambles but not in the land casino that he owns. but they often do gambling in neighboring countries, one of which is Macau or Marina Bay Sands. this explains, that casino owners can also have the same hobbies as us ordinary gamblers.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Agbe on February 12, 2023, 07:23:36 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?


Op this is a good question though you started with a story that does not have relationship with you subject but the last part of the content is nice. The casino owners in the forum will have a very good answer on this question, but I believed they do gamble in other platform and not in their own casino platform. If a casino owners gambled in their own casino platform and win a bet or others who will pay him or are they doing it for fun? Probably they might play games to pass time if they are not doing anything at the moment to know their games more.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: redsun114 on February 12, 2023, 09:04:30 PM
I know someone who owns a casino that is open to what he usually do (business related) and share it on social media. A former gambler who saw a big opportunity in the industry, so yes, they have gambled.
Owning a casino means you know how it really works, because you profit from it. And that's why they don't gamble as much as any regular gamblers do.
You mean he gambles as well but he do it on purposes and it is part of his business? Well, I see no problem with that. We here play gambling as well even if we are not a business man. There is no problem with that too but of course as long as we do this in moderation that it won't affect us badly in terms of emotion, financial and physical.

Any business is opportunity but it only matters on how you run that business. Gambling is a profitable business but not all who ventures it are successful because not all have what it takes to become one but having an experience about the field that you are going to venture is always an advantage.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Ryu_Ar1 on February 12, 2023, 09:10:52 PM
I don't know the certainty of this but most likely I don't think so.
The conditions are like you said about the other disclosures and in the country I live in now there is a very big cigarette factory but the owner even hates cigarettes.
Things like this can still happen for gambling. They do business in gambling does not mean they have to plunge into gambling and do gambling all day long. Moreover, they know that gambling is not something that can be profitable for businessmen like them because regardless of anything they are managers and the ones who get the most profit for what they do gambling again for reasons of fun they are not gambling anymore I think.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: TimeTeller on February 12, 2023, 09:35:48 PM
I don't know the certainty of this but most likely I don't think so.
The conditions are like you said about the other disclosures and in the country I live in now there is a very big cigarette factory but the owner even hates cigarettes.
Things like this can still happen for gambling. They do business in gambling does not mean they have to plunge into gambling and do gambling all day long. Moreover, they know that gambling is not something that can be profitable for businessmen like them because regardless of anything they are managers and the ones who get the most profit for what they do gambling again for reasons of fun they are not gambling anymore I think.

That is actually true as it doesn't mean you are also a regular gambler if you do own a casino or a sportsbook.
Some maybe are just occasional gamblers who want to check their site if it is still working as it should be.
In fact, we don't know that information as owners are not disclosing about their identity, let alone their personal lives.
So what we can get from here are just speculations from the community, unless, one owner from a known site here will air his side.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Cookdata on February 12, 2023, 09:54:10 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?



There is an extra satisfaction you get when you consume the same goods over and over, you don't have to be a farmer to have this feeling, and you will get tired at the end of the day, but gambling, on the other hand, is all about addiction, there is no marginal utility or satisfaction you can get from gambling except winning of bets that can make you happy, and before you can achieve that, you may experience plenty of losses, that been said.

Low key, the casino owner understands gambling better than the players; they know why they established the platform; they wouldn't be so stupid to do so when they know they could lose everything (I'm talking about the sport aspect), but they might play the casino aspect for entertainment purposes with some dummy money (not real money). In my opinion, a businessperson will remain a businessperson.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: darkangel11 on February 12, 2023, 10:10:38 PM
I only know Eddie who is owner of Stake from this category, he usually don't wager much but he gambles on stream at Saturday. Afaik, the owners don't play that much for obvious reasons, it is his loss or win so it doesn't sound as cool as other gamblers play, IMO. Investing in the financial markets is best option, so they don't take gambling seriously. Imagine hitting max win and slot pays max win payout from your own budget.

If they can get a public win they can be accused of modifying their games, even if there's no proof for that there's always going to be people who think they're not really winning anything and it's just for show. If they lose it's counterproductive for the business. It just shows that even owners of the casino lose there so maybe it's unlucky or something. I think there's no good way to go about it if you're running a casino. It's like a baker eating his own bread in public. You start thinking there's something wrong with his sales if he has to go that far.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: serjent05 on February 12, 2023, 10:32:14 PM
I only know Eddie who is owner of Stake from this category, he usually don't wager much but he gambles on stream at Saturday. Afaik, the owners don't play that much for obvious reasons, it is his loss or win so it doesn't sound as cool as other gamblers play, IMO. Investing in the financial markets is best option, so they don't take gambling seriously. Imagine hitting max win and slot pays max win payout from your own budget.

I think Eddie's gambling is for marketing purposes, although I think that owner also gambles on their platform, I do not think that they gamble as much as other gamblers do.  I believe  gambler owners' time is preoccupied and is used to plan and make their business more profitable.  So rather than wasting time gambling in his own platform, I think casino owner spend time analyzing the market and planning strategies on how to stay on top of the chain.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Volgastallion on February 12, 2023, 11:11:05 PM
Man this its like in drugs, the good seller never try his own product, and in the mayority of the cases they know and feel superior to all the idiots who are addicted to their shit.

Its easy as that. You maybe can know some owner who play but their can be two types:
- And addcit who can end destroying his own empire.
- A very disciplinate person who only play a few bucks for fun with some friends time to time.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: TopT3ns on February 12, 2023, 11:43:01 PM
I think Eddie's gambling is for marketing purposes, although I think that owner also gambles on their platform, I do not think that they gamble as much as other gamblers do.  I believe  gambler owners' time is preoccupied and is used to plan and make their business more profitable.  So rather than wasting time gambling in his own platform, I think casino owner spend time analyzing the market and planning strategies on how to stay on top of the chain.
Casino owners usually plan several kinds of strategies that can be used for their platform, but it should be noted that for a new gambling place, it will require a very extra touch, meaning that the gambling owner will not be able to relax because he has to turn all the money in the gambling place to make it more profitable. there are many and there are no problems when someone withdraws a very large amount, but for now if the gambling place is big then the owner only does an analysis of the results of the gambling place that he has every day or every week.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: harizen on February 12, 2023, 11:44:39 PM
I only know Eddie who is owner of Stake from this category, he usually don't wager much but he gambles on stream at Saturday. Afaik, the owners don't play that much for obvious reasons, it is his loss or win so it doesn't sound as cool as other gamblers play, IMO. Investing in the financial markets is best option, so they don't take gambling seriously. Imagine hitting max win and slot pays max win payout from your own budget.

We can't take this as an example because that is done through a live stream and more of a regular marketing park of the Stake.

I'm sure these owners don't really take gambling as their main activity because handling a company is really time-consuming.

Regardless, I do think that it's not a big deal if these owners gamble as long as they are taking properly of their business.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: goinmerry on February 12, 2023, 11:59:06 PM
I don't know the certainty of this but most likely I don't think so.
The conditions are like you said about the other disclosures and in the country I live in now there is a very big cigarette factory but the owner even hates cigarettes.
Things like this can still happen for gambling. They do business in gambling does not mean they have to plunge into gambling and do gambling all day long. Moreover, they know that gambling is not something that can be profitable for businessmen like them because regardless of anything they are managers and the ones who get the most profit for what they do gambling again for reasons of fun they are not gambling anymore I think.

There are owners too that can't associate their entertainment part to the business part most of the time. There are lots of things on their hand that they can't do now the usual things they are doing before. Since handling any business requires hands-on, might be these owners can't find a way now to do gambling or they are just doing that during their free-time.

Either way, even they still do gamble or not, that was only for entertainment purposes.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: KennyR on February 13, 2023, 12:07:26 AM
I only know Eddie who is owner of Stake from this category, he usually don't wager much but he gambles on stream at Saturday. Afaik, the owners don't play that much for obvious reasons, it is his loss or win so it doesn't sound as cool as other gamblers play, IMO. Investing in the financial markets is best option, so they don't take gambling seriously. Imagine hitting max win and slot pays max win payout from your own budget.

We can't take this as an example because that is done through a live stream and more of a regular marketing park of the Stake.

I'm sure these owners don't really take gambling as their main activity because handling a company is really time-consuming.

Regardless, I do think that it's not a big deal if these owners gamble as long as they are taking properly of their business.
What the higher authorities of a gambling does is real marketing. We can't make a connect with real gambling. This doesn't gonna give any kind of feel or experience, because whether it is a win/loss this doesn't affect them in any means.

Owners focus will be much into diversifying the revenue generated out of any particular business. According to me, casino owners will be having more businesses. So, what's been earned will be invested on something else. We can't be sure to make the same revenue through gambling business all time.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: GxSTxV on February 13, 2023, 12:15:03 AM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?


Imagine playing any casino game slots or live gambling such as BlackJack but in demo version where you get to play only with fake coins it’s going to be just a time waste without any benefits or excitement to spend much time as in real money gambling where all your emotions are present. Even if that owner uses his own money he knows winning or losing doesn’t make any difference so it’s going to be the same experiment where most probably he will get so bored.
This will be so different if he gambles in a different casino that he doesn’t own, knowing he will spend and risk real money but even though i don’t think owners of casinos doesn’t gamble that much and if they do surely they will do in different casino to get some excitement and enjoy


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: ethereumhunter on February 13, 2023, 01:21:11 AM
Man this its like in drugs, the good seller never try his own product, and in the mayority of the cases they know and feel superior to all the idiots who are addicted to their shit.

Its easy as that. You maybe can know some owner who play but their can be two types:
- And addcit who can end destroying his own empire.
- A very disciplinate person who only play a few bucks for fun with some friends time to time.
A business owner can be very time disciplined so they will prefer to use their time to work, which can generate passive income rather than gambling. They know that gambling can make them addicted, especially by having their own casino where they can freely play gambling on the spot.

And only a stupid owner wants to destroy his own business empire by using a lot of money to play gambling. Or they could play gambling to entertain their business partners or introduce their business to their colleagues.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Renampun on February 13, 2023, 01:58:17 AM
...
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do?

I don't have a friend who has a gambling business but I'm sure the owner of a gambling business is someone who has ever played gambling but his mindset has changed from a gambler to a gambling business owner and regarding whether they gamble as much as other people do, that's what has to be done we ask each gambling owner personally LOL.

If they gamble, do you think they gamble on their platform?

maybe they play on their gambling site for various purposes like testing their system or others but this is definitely a secret that must be kept by all gambling business owners. If they also play on the site they created, doesn't that appear as an act of fraud?


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Fundamentals Of on February 13, 2023, 02:54:57 AM
Not as much probably. An owner of a casino or sports betting platform is probably more disciplined in gambling. That's probably why they have come to build their own business. If they are just like the rest of the heavy gamblers, they probably wouldn't have saved enough money to start a business.

If they gamble, they will probably use their own casinos or sports betting platform. Win or lose, they are at least contributing to their business. And it's their own money they are playing and winning or losing. They win or they lose, but the money doesn't come out of their own control.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: coin-investor on February 13, 2023, 05:10:56 AM
...
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do?

I don't have a friend who has a gambling business but I'm sure the owner of a gambling business is someone who has ever played gambling but his mindset has changed from a gambler to a gambling business owner and regarding whether they gamble as much as other people do, that's what has to be done we ask each gambling owner personally LOL.

If they gamble, do you think they gamble on their platform?

maybe they play on their gambling site for various purposes like testing their system or others but this is definitely a secret that must be kept by all gambling business owners. If they also play on the site they created, doesn't that appear as an act of fraud?

There's no fraud in it, it's not recommended that they play because they are not going to profit from doing so, if they are going to play their motivation should be in checking if their platform is doing great and they may act like a real gambler and don't think that they own the site, I read in one article where a clothing owner disguises himself as a customer to see if his staff is doing good in their customer support and to observe customers reaction, this is a good business practice.
But playing for the sake of playing or winning for owners is not good and just a waste of time.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: BobK71 on February 13, 2023, 10:31:22 AM
I only know Eddie who is owner of Stake from this category, he usually don't wager much but he gambles on stream at Saturday. Afaik, the owners don't play that much for obvious reasons, it is his loss or win so it doesn't sound as cool as other gamblers play, IMO. Investing in the financial markets is best option, so they don't take gambling seriously. Imagine hitting max win and slot pays max win payout from your own budget.

We can't take this as an example because that is done through a live stream and more of a regular marketing park of the Stake.

I'm sure these owners don't really take gambling as their main activity because handling a company is really time-consuming.

Regardless, I do think that it's not a big deal if these owners gamble as long as they are taking properly of their business.
What the higher authorities of a gambling does is real marketing. We can't make a connect with real gambling. This doesn't gonna give any kind of feel or experience, because whether it is a win/loss this doesn't affect them in any means.

Owners focus will be much into diversifying the revenue generated out of any particular business. According to me, casino owners will be having more businesses. So, what's been earned will be invested on something else. We can't be sure to make the same revenue through gambling business all time.
Generally gambling tends to work more among middle class or lower income people. Can also do in higher classes but comparatively less. People who conduct this business spend most of their time on expanding and managing their business. They don't want to waste their precious time for little money. Betting wins and losses but those traders only focus on how to earn money. A gambler is willing to lose money but a business man is never willing to lose money. He may get less profit in the business but he is not willing to lose money like loss in a bet.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Pierre 2 on February 13, 2023, 10:49:29 AM
I personally feel that they do. In my childhood I always wanted my dad to become shop owner so I could eat tonnes of snack for free. I think it's very similar with casino platform owners. They probably loved gambling, they always spent their life on it and probably in time they thought it could be very profitable business to own one... Its probably logical reasoning. I think they may decrease their gambling play time after they established casino. Casino owners are generally getting rich very quickly.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: crzy on February 13, 2023, 11:34:25 AM
I personally feel that they do. In my childhood I always wanted my dad to become shop owner so I could eat tonnes of snack for free. I think it's very similar with casino platform owners. They probably loved gambling, they always spent their life on it and probably in time they thought it could be very profitable business to own one... Its probably logical reasoning. I think they may decrease their gambling play time after they established casino. Casino owners are generally getting rich very quickly.
Are they still allowed to win the jackpot? Though most of the movies that I've watched, some owners are indeed into gambling as well but I'm not sure if its happening in real life. Anyway, regardless if they gamble or not they are still into gambling industry and we can consider them as a gambler as well. They have a huge business to run, so maybe playing is their only way to relieve their stress from their work. Casino requires a lot of money but if they are able to established a good site probably this can be an easy generating profit for them.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Yamifoud on February 13, 2023, 11:36:45 AM
Not as much probably. An owner of a casino or sports betting platform is probably more disciplined in gambling. That's probably why they have come to build their own business. If they are just like the rest of the heavy gamblers, they probably wouldn't have saved enough money to start a business.

If they gamble, they will probably use their own casinos or sports betting platform. Win or lose, they are at least contributing to their business. And it's their own money they are playing and winning or losing. They win or they lose, but the money doesn't come out of their own control.
They might not often gamble or even not but for sure, they also have time to spend at the casino and enjoy themselves. But if we think they are gambling to make money, I guess they're not because they already know what are the results. Besides, they are doing this business for the gamblers. They are not gamblers now but the owner of the casino and I know that they are already happy seeing the people who use their platform.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: SeaSoul on February 13, 2023, 11:41:16 AM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?



The question would be more interesting if you take into consideration some relative numbers as well. What does as mucheven mean here? Do you mean in terms of time or in terms of spending on gambling relative to income?

Take a casino owner who makes 100k per month and he spends 1% of that on gambling but only plays once a week. The guy is still fine if he sets this limit for himself and that's it. If someone is an excessive gambler, I don't know whether it is likely that that person runs successful casinos and has always been an excessive player. It could be the case, but I would imagine that people running successful businesses do have some self-control that might be stronger relative to another average person. There is also the difference that a casino owner's motivation for gambling might be different from that of an ordinary player. The intent might rather be to represent a casino on certain occasions or use one's own reputation (if there is any) to attract new players etc.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Strongkored on February 13, 2023, 01:09:26 PM
I personally feel that they do. In my childhood I always wanted my dad to become shop owner so I could eat tonnes of snack for free. I think it's very similar with casino platform owners. They probably loved gambling, they always spent their life on it and probably in time they thought it could be very profitable business to own one... Its probably logical reasoning. I think they may decrease their gambling play time after they established casino. Casino owners are generally getting rich very quickly.
Maybe he plays because he has easy access to his own site but maybe not because as the owner he is already preoccupied with all kinds of developments and strategies to be able to develop gambling sites even bigger but what is certain is that gambling site owners are people who initially is a gambler and went into this business because he knew the amount of profit that could be obtained.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: ultrloa on February 13, 2023, 01:18:19 PM
I personally feel that they do. In my childhood I always wanted my dad to become shop owner so I could eat tonnes of snack for free. I think it's very similar with casino platform owners. They probably loved gambling, they always spent their life on it and probably in time they thought it could be very profitable business to own one... Its probably logical reasoning. I think they may decrease their gambling play time after they established casino. Casino owners are generally getting rich very quickly.
Maybe he plays because he has easy access to his own site but maybe not because as the owner he is already preoccupied with all kinds of developments and strategies to be able to develop gambling sites even bigger but what is certain is that gambling site owners are people who initially is a gambler and went into this business because he knew the amount of profit that could be obtained.

Maybe at start they are really a bettors and just familiarized how the sports betting or the casino runs then see the potential to earn base on the demand they see. But if we talk about they play then maybe not, since they provably think about on development side so for sure they focus their time on thinking about how their platform could grow and most provably they don't have time left to bet especially on other platform.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: LogitechMouse on February 13, 2023, 01:30:32 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
Business owners will not jump into a venture that they don't know themselves.

Same as casino owners. They will not jump into something that they don't know and knowing gambling is very addictive (to some), I believe that they gamble as much or even more as normal gamblers do.

Where are they gambling? I believe it's not on the casino or website that they own, but on other casinos or websites. Maybe they are doing this so they can see what are the features these casino or websites has and they might implement it into their own platform. I've also seen small gamblers here in our place who are also gambling, but on a different platform and not on their own platform.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Beparanf on February 13, 2023, 01:38:27 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
Business owners will not jump into a venture that they don't know themselves.

Same as casino owners. They will not jump into something that they don't know and knowing gambling is very addictive (to some), I believe that they gamble as much or even more as normal gamblers do.

Where are they gambling? I believe it's not on the casino or website that they own, but on other casinos or websites. Maybe they are doing this so they can see what are the features these casino or websites has and they might implement it into their own platform. I've also seen small gamblers here in our place who are also gambling, but on a different platform and not on their own platform.

Eddie the founder of Stake.com which you are promoting is the best example on casino owner that gambling on their own casino. He created promotion which is Stake vs Eddie that players on Stake needs to beat his multiplier in able to win. He is known for doing live stream of his game.

I believe other casino owner play on there own casino discreetly because they will not enter on this business if they are not into gambling by themselves.

https://stake.com/promotions/promotion/stake-versus-eddie


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Plaguedeath on February 13, 2023, 02:10:02 PM
Eddie the founder of Stake.com which you are promoting is the best example on casino owner that gambling on their own casino. He created promotion which is Stake vs Eddie that players on Stake needs to beat his multiplier in able to win. He is known for doing live stream of his game.

I believe other casino owner play on there own casino discreetly because they will not enter on this business if they are not into gambling by themselves.

https://stake.com/promotions/promotion/stake-versus-eddie
He's gamble on a purpose, not only wasting his money without get anything :D

When he gamble and he do live stream, it would attract people to gamble on Stake and they will believe if Stake is a good casino because the founder itself is gambling on his own casino.

It would be different if the owner gamble on the other casino without revealing his identity, of course he's want to make money or make bankrupt the other casino since he have a lot money lol.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: electronicash on February 13, 2023, 02:13:57 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
Business owners will not jump into a venture that they don't know themselves.

Same as casino owners. They will not jump into something that they don't know and knowing gambling is very addictive (to some), I believe that they gamble as much or even more as normal gamblers do.

Where are they gambling? I believe it's not on the casino or website that they own, but on other casinos or websites. Maybe they are doing this so they can see what are the features these casino or websites has and they might implement it into their own platform. I've also seen small gamblers here in our place who are also gambling, but on a different platform and not on their own platform.

Eddie the founder of Stake.com which you are promoting is the best example on casino owner that gambling on their own casino. He created promotion which is Stake vs Eddie that players on Stake needs to beat his multiplier in able to win. He is known for doing live stream of his game.

I believe other casino owner play on there own casino discreetly because they will not enter on this business if they are not into gambling by themselves.

https://stake.com/promotions/promotion/stake-versus-eddie

it does look like he is gambling but this is somewhat like enticing more people to play on stake. consider it a strategy of Eddie to market his own casino.  

in the brick-and-mortar casino, there usually are VIP rooms for those high rollers and the casino owners could also be there playing for their own money probably guaranteeing the VIPs thier privacy.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Accardo on February 13, 2023, 02:35:44 PM
Based on the story podcast on my local youtube with a former people who work in-casino (Thailand).

I don't think the top people who have some position like leader especially owner/ceo or other top position is gonna to gamble on their casino. But the one who are gambler to their casino is their employee.

It's common things, while people who working on casino are gambler as well. Sad to hear this, but casino/landbase should make some rules (All of the employee cannot betting to their casino, avoiding the payment check is back to them again).

Like "Ferarri" rules to their employee, they don't want the money they're pay are going back again to their company by buying the car.

I don't think this is right, those working in casino, not all know a thing about gambling. The croupiers are there to set things up or make arrangements for live games. Seeing them as gamblers can be wrong because most of them don't gamble and the CEO won't need such as it can ruin their business. The employees won't be serious with the business. Even in real casinos players always get disappointed with the void answers casino workers give to their questions, showing that they know nothing about how a machine works or the bonus a machine pays out. In addition, the few who gamble may not be allowed to play in the same casino where they work.

seem logical for casino to have rules like that. not allowing thier employees to gamble after all who knows best about gambling addiction but the casino's head office? they know this like the back of thier hands and they don't wanna handle these issues on thier employees.

but i bet they gamble secretly somewhere else or online at the competitor's casino. they got to spy on the competitor and hope to win.



Right the head office are in control of the programming section, how the machines should work. So, testing out and playing the machine is something they should know how to do, and they can easily get over their losses because they own the algorithm and maths involved in the casino. The employees on the other hand, are expected not to be addicted regardless of where they stake bets.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: fzkto on February 13, 2023, 02:44:02 PM
I personally feel that they do. In my childhood I always wanted my dad to become shop owner so I could eat tonnes of snack for free. I think it's very similar with casino platform owners. They probably loved gambling, they always spent their life on it and probably in time they thought it could be very profitable business to own one... Its probably logical reasoning. I think they may decrease their gambling play time after they established casino. Casino owners are generally getting rich very quickly.
Maybe he plays because he has easy access to his own site but maybe not because as the owner he is already preoccupied with all kinds of developments and strategies to be able to develop gambling sites even bigger but what is certain is that gambling site owners are people who initially is a gambler and went into this business because he knew the amount of profit that could be obtained.

Maybe at start they are really a bettors and just familiarized how the sports betting or the casino runs then see the potential to earn base on the demand they see. But if we talk about they play then maybe not, since they provably think about on development side so for sure they focus their time on thinking about how their platform could grow and most provably they don't have time left to bet especially on other platform.
I'm sure the owners of the gambling sites are gamblers and regularly play or bet. It is impossible, having such a site not to start gambling. Of the latter, I can give you a good example, although it's not gambling related. After the collapse of FTX it was revealed that SBF and his girlfriend were involved in margin trading, and with users' money. I don't think it matters here whether it's a gambling site or an exchange. The point is the same.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: passwordnow on February 13, 2023, 03:03:28 PM
I'm sure the owners of the gambling sites are gamblers and regularly play or bet. It is impossible, having such a site not to start gambling. Of the latter, I can give you a good example, although it's not gambling related.
I believe they were once gamblers but see the business as their hobby. They may take some bets sometimes but it's not going to be on a regular basis and that is because they understand the cycle and how the gambling business works.
They've started it with the goal of earning and not going after the losses because they know that once they also keep on betting, they're not going to avoid losses and emotions that it may be built upon when they gamble.

After the collapse of FTX it was revealed that SBF and his girlfriend were involved in margin trading, and with users' money. I don't think it matters here whether it's a gambling site or an exchange. The point is the same.
Yeah, the point is the same but not all owners of businesses either in gambling or trading business are too hyperactive just like the typical customers that they want.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: len01 on February 13, 2023, 03:11:40 PM
I personally feel that they do. In my childhood I always wanted my dad to become shop owner so I could eat tonnes of snack for free. I think it's very similar with casino platform owners. They probably loved gambling, they always spent their life on it and probably in time they thought it could be very profitable business to own one... Its probably logical reasoning. I think they may decrease their gambling play time after they established casino. Casino owners are generally getting rich very quickly.
Maybe he plays because he has easy access to his own site but maybe not because as the owner he is already preoccupied with all kinds of developments and strategies to be able to develop gambling sites even bigger but what is certain is that gambling site owners are people who initially is a gambler and went into this business because he knew the amount of profit that could be obtained.
the owner of the casino is a man who used to be a gambler, I like this statement.
there is truth if the casino owner was once a gambler who had many years of experience in gambling and knew that the casino business was very profitable and could get rich quickly. but I doubt a little if the casino owners still gamble.
because if the casino owner is someone who has been a gambler in the past, surely he has a lot of experience and knows that gambling will only waste money continuously and in the end he will not gamble but chooses to keep himself busy thinking about how to develop his casino business and be able to earn income even bigger.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Zlantann on February 13, 2023, 03:24:32 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platforms, gamble as much as other people do? If they gamble, do you think they gamble on their platform?



Experience is very important for the success of every business. To own a gambling platform one must have a deep understanding of the gambling business. Which means they should be experienced gamblers. There are also possibilities that they might learn the business theoretically and not practically. But the most successful gambling platform owners will have gambling experience.

For the question of if they gamble as much as others, I have not seen any gambling operator that don't gamble but I can't verify how often they gamble. Even if they gamble on other platforms, I think they usually do it secretly because this action might discourage their customers.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: klidex on February 13, 2023, 05:23:49 PM
because if the casino owner is someone who has been a gambler in the past, surely he has a lot of experience and knows that gambling will only waste money continuously and in the end he will not gamble but chooses to keep himself busy thinking about how to develop his casino business and be able to earn income even bigger.
It is true that a casino owner must have had a lot of experience and knowledge about gambling so he dared to start a casino business because he knew that casinos were a very profitable business and could easily give him large amounts of money.
But it seems it's not that easy that the casino owner knows that gambling will only waste money continuously and in the end he won't gamble. I'm sure the casino owner still does gambling either in a game or betting because gambling is something that can make people really addicted even though he is a casino business owner.
Because he owns a casino, there will surely be many business colleagues who will invite him to play too.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Blitzboy on February 13, 2023, 07:30:32 PM
I don't know the certainty of this but most likely I don't think so.
The conditions are like you said about the other disclosures and in the country I live in now there is a very big cigarette factory but the owner even hates cigarettes.
Things like this can still happen for gambling. They do business in gambling does not mean they have to plunge into gambling and do gambling all day long. Moreover, they know that gambling is not something that can be profitable for businessmen like them because regardless of anything they are managers and the ones who get the most profit for what they do gambling again for reasons of fun they are not gambling anymore I think.
I agree that business owners may or may not have a personal connection to the products or services they provide. It is essential to emphasize, however, that their ultimate objective is still to make a profit, and they may discover ways to do so within the constraints of their principles and beliefs.

In the case of the cigarette factory owner who dislikes cigarettes, they may view them as a necessary evil for their business. The same might arguably be said for enterprises tied to gambling. Regardless, it is essential that business owners make ethical and responsible decisions that line with their values, and that consumers support those who do.

It is also essential to evaluate the business's effect on the larger community. Even if the proprietor does not engage in gambling, the enterprise can have harmful impacts on people and society as a whole. Each of us is responsible for considering the repercussions of the businesses we support and making educated decisions.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Synchronice on February 13, 2023, 08:40:53 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?


If we tag them on this forum, there is a high chance the response will come from their representative instead of real owners because they will rarely spend a second here and the reason is clear.
To be honest, this question is similar to this one: Do bank owners deposit money in their bank's account? Or do FED members use their printed money? Haha, okay it was a joke from my side.

While we will never know answer, one thing that I can surely say is that if casino owners ever gamble, they'll gamble on their website with play (fake) money. I genuinely believe that they won't gamble on their competitor website because long-term they'll lose and what's the point to enrich other casinos from your casinos income?


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Fortify on February 13, 2023, 09:02:57 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?

Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?

It's funny you use chickens as an example because between the actual bird and the egg, there is an incredible range of versatile dishes that you can produce from them. A more apt example might be drug dealers who should not get high on their own supply. Casino owners have already accrued the knowledge that gambling is essentially a losing game for the customer, Vegas was not built from paying out winners. If rich casino owners choose to gamble it is because they know it is simply a fun form of entertainment, for them, as it would make an insignificant dent on their income if they lost a bit of money. They'll wake up the next day and their betting streak will just be an after thought and they are generally unlikely to make a dangerous habit out of it.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: Fatunad on February 13, 2023, 10:09:47 PM
I personally feel that they do. In my childhood I always wanted my dad to become shop owner so I could eat tonnes of snack for free. I think it's very similar with casino platform owners. They probably loved gambling, they always spent their life on it and probably in time they thought it could be very profitable business to own one... Its probably logical reasoning. I think they may decrease their gambling play time after they established casino. Casino owners are generally getting rich very quickly.
Maybe he plays because he has easy access to his own site but maybe not because as the owner he is already preoccupied with all kinds of developments and strategies to be able to develop gambling sites even bigger but what is certain is that gambling site owners are people who initially is a gambler and went into this business because he knew the amount of profit that could be obtained.
the owner of the casino is a man who used to be a gambler, I like this statement.
there is truth if the casino owner was once a gambler who had many years of experience in gambling and knew that the casino business was very profitable and could get rich quickly. but I doubt a little if the casino owners still gamble.
because if the casino owner is someone who has been a gambler in the past, surely he has a lot of experience and knows that gambling will only waste money continuously and in the end he will not gamble but chooses to keep himself busy thinking about how to develop his casino business and be able to earn income even bigger.
It would be no sense on running a business if you arent that a gambler because you wont really be able to get on how to deal or on how to handle up your business if you dont have the slightest idea on how do things works.This is why it would really be that normal that they are really that a gambler before they tend to run or build a business like this which is according into their interest.About on how they do play?
For sure it would be in moderation whether they would be playing on their own site or into others but most likely they would be playing on their own since losing wont really be that much of an issue.
For the sake of entertainment then it would be just the same.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: goinmerry on February 13, 2023, 11:59:06 PM
Take a casino owner who makes 100k per month and he spends 1% of that on gambling but only plays once a week. The guy is still fine if he sets this limit for himself and that's it. If someone is an excessive gambler, I don't know whether it is likely that that person runs successful casinos and has always been an excessive player. It could be the case, but I would imagine that people running successful businesses do have some self-control that might be stronger relative to another average person. There is also the difference that a casino owner's motivation for gambling might be different from that of an ordinary player. The intent might rather be to represent a casino on certain occasions or use one's own reputation (if there is any) to attract new players etc.


You have a point though. Not want to see a casino owner that is mostly do gambling as it might not bring good to its hold business.

These people who runs businesses might still do gambling but on moderately and being responsible.

Maybe just to kill the boredom and just want to have an entertainment as handling business is really sensitive and needs more time.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: alastantiger on February 14, 2023, 01:01:36 AM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
Owners of sports books and casinos are professional gamblers, so I want to believe. Although, I think when they gamble, they do not do it to win but rather for entertainment purposes, and it will be rare. Owners of sports books and casinos have no need to gamble because they already know how to beat the house; why should they go against themselves? After all, in the end, the profit goes to them and the loss to their customers. Perhaps there is a law somewhere that prohibits them from actively gambling.


Title: Re: Do casino and sports betting platform owners gamble as much as other people?
Post by: traderethereum on February 14, 2023, 08:48:31 AM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
Owners of sports books and casinos are professional gamblers, so I want to believe. Although, I think when they gamble, they do not do it to win but rather for entertainment purposes, and it will be rare. Owners of sports books and casinos have no need to gamble because they already know how to beat the house; why should they go against themselves? After all, in the end, the profit goes to them and the loss to their customers. Perhaps there is a law somewhere that prohibits them from actively gambling.
I don't think so because there are also owners of casinos and sports books that are business people who see an opportunity to earn a lot of money from gambling so they are trying to create casinos too.
But even if the casino owner is a gambler, he still has good self-control so he doesn't think about gambling but has to manage his business to make a profit.
If a casino owner can restrain himself from gambling in his own or other casinos, he just needs to focus on growing his casino to make it bigger.
And if casino owners gamble, they may gamble less often and just for fun.