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Do owners of betting companies place bet on their own platform or is there a policy specific policy that restricts them from betting. Do you think that there would be conflict of interest or that it will be unethical if owners bet on their own platforms. These are the questions that I am seeking an answer to.

Do not forget that he is the owner. He can do whatever he likes. If the owner of a gambling site wants to gamble, he will prefer to use his own site that will benefit him to have fun than to gambling on the gambling site of others that will not benefit him.

I see this as off-topic though.

It's a personal choice and a good number of people you expect to answer your question don't own a gambling business. But, looking at the lifestyles of gambling shop owners they mainly focus on running the business and attending to customer's problems. Not everyone feed on their product. It'll be at a minimal, as it'll look like cheating on themselves. When they win or lose, it doesn't count.  Though, in the movies, gambling owners do participate in board games to at least keep their customers entertained. Hence, in real life, people tend to continue playing when they see the owner also participate in games. In other words, few of them don't gamble, but, when they do, it could be a marketing strategy.

Looking at casinos, whether physical casino or online casino, it would be bad for the casino owner or his employees to bet in that same casino, because it could be questioned to what extent his casino games would be considered provably fair games, people would think that he would be manipulating the games and he would also be manipulating people. but when you have a person who has already proven that he is honest and that when he plays in his own casino he puts money from his pocket and plays games that are proven to be fair, then I don't see a problem with that.

I say this because I have never seen any casino TOS in which they prohibit the casino owner from playing in their casino. but I think that in the case of casino employees the story is different, they could know of a bug in a game and could exploit this to their benefit, but until they ask for KYC it would be difficult for the casino to discover that its employees are playing at the casino. . people who are professional athletes are prohibited from getting involved in sports betting, so from what I see casino owners are the only ones who are directly linked to the casino and gambling who have the benefit of playing at their own casino

not seen an owner sitting on the table to play but i guess to fill one chair i guess he can join so that it appears there are players.  why not, they have money to spend. the baccarat game and the likes are like the owner/casino vs players.

they were hiring influencers to play on their website to promote the casino as well. the money used by the influencer comes from the owner, i think this is just like him playing in his own casino. the purpose is just different though.

We won't know whether the betting company owners are placing bets or whether they are just collecting the money. Even if they place a bet, they won't tell anyone, even their employees. They will probably use another account so that no one knows they placed a bet. They can also place bets at other betting companies if they wish. And again, we won't know what the reason is, and they certainly won't want to say it. But I think it might be better to take the profits rather than have them place bets. After all, it's a bet. They definitely have a chance of winning and losing unless they know the final result ;D

I don't think there is a rule limiting casino owners or gambling companies to gamble or bet whether in theirs or elsewhere but what happens is that they are very limited in number who bet, or speaking from the offline game house owners I have known, they don't gamble or they don't do that much. They can forecast for people or contribute to the discussion on the likely winner especially in soccer. They don't usually bet because they see it as their business that they are running for profit and no need to gamble on it.

The funny thing again is that they are more enlightened on gambling and they consider the luck factor and not really about how good you are in forecasting or predicting even though there are games that is likely to be winning games. So they would prefer to stay out and benefit from gamblers.

So incase they are to gamble, sure they will gamble in there casino because of gaining the commission to his casino. They won't want to patronize other casino.

I am not sure what the conflict of interest would be. It's not like they can affect the outcome of the match. Maybe with large enough bets they could affect to multipliers, but that would be affecting against them. But if there would be a way it would be unethical or conflict of interest, that i don't see, it would be against regulations and these casinos are constantly audited, so it really wouldn't make sense.

And when you take a look how much money they are making i a year, then you quickly notice that making even insane large bets (that would instantly be flagged by auditors) wouldn't even affect the income in any meaningful way. So i am guessing they don't need to gamble.

I believe if they don't bet there will be people very close to them that will bet, and if you look at this situation owning a betting organization does not guarantee that you will win since the whole thing is based on the club you selected, the only good thing is that there is money in owning a gambling company because a lot of people enjoy gambling and also does that are greedy, gambling is interesting especially if you are winning, you can not always be right with your decision. and another thing is that if I own my gambling company I will bet to join the fun aside my profit.

The people who own casinos and sports betting sites can bet on their own sites if they want.  I mean, they own the place so they make the rules! It's different for the workers there though and  a lot of times the bosses don't want employees betting on the site because it can be a conflict of interest or whatever.  But it really depends on the policies they got.  Some places ban staff from betting at all to avoid any shady stuff.  Other owners don't really care and let employees do their thing.  Id probably not let employees bet on my own site though.  That's just asking for trouble in my opinion.  But then again I don't own a casino or sportsbook so who knows what I'd do if I was the big boss making mad cash on betting.  :D

Haven't been an owner of a betting company, and never interviewed one so I am not sure.  But in personal assumption, I think the owner also bet on his own casino.  It maybe an act of testing the casinos and checking for possible glitches  or just passing time, and instead of playing game in a competitor's casino, the owner will surely play on his own casino.  The owner can do anything he wanted, and there is no rule that an owner can't play on his own company.

I assume then that owner can play on his own company but he is probably restricted to join promos, bonuses and competitions of his own betting company.

You wont really be getting a precise answer not unless if there are some betting site owners who would really be answering this question whether they are really that making some bets or not on their own platform but just simply basing up with some common sense then it would really be having no point that they would really be making out bets on their own platform yet they would be neither be having
win or loss then it would really be just basically be the same, yes he would be getting a win then he would payout to himself and if he lost then he would really be getting those funds yet it would be put up into betting sites wallet so there's no any sense at all.

We dont even know that what if they would really be making out bets on other platforms. Could it be possible? No one knows!
So the answer of this question would really be that remained yes or no... :)

I remember in bustabit, which has some of the larger wager limits, every account's history is public. So the owner also has an account and you can see his wagers. And it's possible to see that although he has wagered some very small amounts, it was very insignificant and wouldn't affect the profitability of the platform.

For sites like bustabit that take public investment in the bankroll, things get more complicated because what happens if the owner let's say wins big amounts? These come from the pockets of investors. How then are we to ensure that he hadn't gotten these coins he handled with from the player balance? It's not exactly possible to do that.

Now for sites where the bankroll is purely finance by the owners, I think they have more freedom. Still though, it would be best practice to not gamble on your own platform. Owners get a steady income of players and cash from their bets. Why would they need to gamble with that money on their own platform? It doesn't make sense.

If it is on their own gambling site then what for? Some sort of money loop? It is their money which they would be getting from the prize pool. But if it is with other platforms, then probably most of them don’t bet ‘coz they simply know how things are working perhaps that the house will always win. Some might be doing so but for entertainment purposes or to learn new things from other platforms which they could use on their own as means of improvement. The only chance that they are is if they really enjoy betting personally. Quite of a cliché plot wherein business owners are starting a business from an activity or thing which they love.

Even though there is an online casino owner who gambles, he will definitely gamble on his own site because if he gambles on another site, he will raise the name of his competitor, that would be the same as committing suicide. I think there is no problem when you want to gamble while you are the owner of your site. You can do whatever you want if you are the owner, you can control the winnings you want.

I sometimes often see streamers who own casinos gambling on their own sites, there is no problem with that, they even share giveaways of their winnings too, in essence, whatever a casino owner does, for example gambling in their own casino and broadcasting it to the public, is definitely aimed at marketing their casino. in order to be busy, nothing more than that, in fact on streaming sites many casino owners gamble  :D

This topic sounds very interesting because if the owners of a casino decides to play gambling on its gambling platform with a small amount and ends up winning big, will the owner cash out the money knowing well this money is coming out from his company or to still leave the money to still fund the gambling company.  I think casino owners would want to play bet in another casino that does not belong to them to cash out money that doesn't belong to them😀.

Of course, as an owner of an establishment or anything that is yours, you have the freedom to do whatever you like, if it's an establishment, account, platform, etc. The thing is whatever action you take will always have consequences, if you do something like rig the game just for you to win in your own game, then of course, gamblers or customers would lose interest in your platform as they figured out that you can manipulate your own game. If I remember it right, there's actually an advertisement about gambling where streamers are in the video showing how the game works, then instantly won like $100,000 by simply clicking a start button. It might look easy to earn money as you watch but once you download it, of course, it would be different, I think that's an example of how can you use your authority on your own platform. Also, you could try out your own platform to eliminate its flaws and improve.

If they are just business minded and don't care about gambling I think they don't. But if they are gamblers and want to have fun together with other bettors I think yes they do. With land based casinos I see owners placing bets  maybe because they are trying to test the said platform or the system like a trial and error thing.

I don't know the exact motivation of an entrepreneur to build a gambling business. If the reason someone builds this gambling business is to increase their income, maybe they will never think about betting, maybe they will only think about how they can increase their income and can reap the maximum profit from the business they build.
But it will be a different story, if the purpose of someone building a gambling business is to create a fair and responsible gambling, as well as gambling that can provide security and comfort for its visitors. with the reason that as long as he gambled he did not find a gambling platform like that, so he decided to build his own gambling platform that could provide it all. And maybe occasionally he will bet on the gambling platform he has to be able to always make sure that the gambling platform he has, can indeed provide safety and comfort, also ensure that the gambling site provides fair and responsible games for its visitors.

Gambling companies are typically middlemen for larger operations, not to mention they have other owners and the company is its own beast. I don’t see any ethics issues here. You assume that Steve Jobs used an iPhone right? You think Bill Gates uses Windows on his computer? I’d be more concerned if an owner was using a different platform.

this is a very reasonable question you just asked but to be very honest, I doubt they will even think of doing that in the first place. They can place a bet for the purpose of improving on what they've designed for user, more like putting themselves in the users shoe to ascertain the limitation of the betting platform do as to improve on the betting platform but I doubt they will dim it reasonable enough to leave there administrative responsibility and shift there attention into becoming a primary user of there own product.

However, if for any reason they decide to place a bet, I don't feel that there is any legislation stopping them from doing so and I doubt that there is anything unethical about it. It only becomes bad when they design the betting platform such that it doesn't allow users to win that much while they hide there identity and continue winning from there platform using the funds of the unsuspecting user. Apart from this kind of situation, I don't see anything wrong with a producer making use of his product.

If he or she wants to play, then they can play at their own casino but this seems to be rare. Even if a casino owner wants to gamble, I guarantee they just want to have fun and not think about winning because for them the casino's income will be greater than their gambling profits.

However, if we talk about challenges, it might be more challenging if the casino owner plays at another casino. He will also know what services and advantages other casinos have so that he can apply and improve the shortcomings of his own casino.

But this is just my personal assumption. I have never seen or heard of a casino owner sitting down and playing blackjack in his casino with other gamblers

If the owner of the betting company bets on their own platform, and then loses his bet, he has lost nothing because the money goes back to his company. I do not see any reason why they cannot gamble on their platform when they will not be able to still influence the outcome of the game in their favor.

Imaging if the owner of a casino or betting platform win big from betting and playing in their own casino or betting platform, I am not sure they will be interested in taking out that money to pay themselves the huge win. It is pointless taking money from yourself to pay yourself when you already receive an income from the business.

What don't you understand by the term owner, I mean if you are owner of a big firm or company do you have any restrictions on what you can do or what you will do?. I think as the owner of the company that decision all boils down to wether you are actually a gambler or not because not everyone is actually a gambler and I believe most of the owners of these companies are actually gamblers.

I am not a owner of a betting company, but if I had to give an opinion I would say that indeed owners of those companies partake in betting to some extent, specially those which are considered to be big enough, translating into a person which enough personal budget to put at stake.
In general, I have a personal perception that successful company or business owners are supposed to know as much as possible about the market they get into, to take wise decision in the future and guide their company and brand in the long term, keeping that idea in mind, it would not be crazy to believe they avoid to gamble or bet completely because they fear to get addicted to ruin themselves in the process. If someone has been able to start their own business, it is because they have enough sense of budgeting and money management.

Again, that is just my personal opinion, I have never personally talked about this with a business owner who deals with betting.

The owner of a bet shop will not necessary bet to win, he or she may bet as part of fun because whether he wins or losses, the company is his and he gets the profit. Also, the owner of a bet shop may bet as a way to test a new gaming feature or technology.

As regards conflict of interest, it may only arise where as the owner, who may have access to sensitive information may try to influence  the gambling out if or whenever he bets.

Casinos often don't run all their games. Sports are managed by contracted bookies who are larger companies, collecting bets from multiple casinos, which allows them to get better deals and more reliable odds.
That's why you can often see casino support say that their bookie found that someone was cheating and told them to ban that person.
This makes me believe that casino owners and personnel bet themselves and it wouldn't even be unethical or anything, since many of these games have hundreds of thousands individual bets placed from all around the world. It really doesn't change anything if they add some of their private money to the pool.

I do not think it is bad, Casino owners can sit with customers who visit to gamble, not as the owner, but as a regular customer too. In such a setting, the owner of the casino will be able to get real feedback about the services of the casino and why the gamblers like to gamble there. They will also be able to get and discover ways that they can improve their services from the little side complains that the other customers around him make without knowing that he is the owner.

It's like asking if restaurant owners eat their own food, if mechanics repair their own cars in their garages, if builders also build their own houses, not only their clients.

I'm pretty sure that most casino owners also gamble, but it's a bit different when it comes to betting against your own house. I don't think they play dice because winning would mean a loss for the casino so the money would come from your own pocket but playing against other people like you do in poker makes a lot of sense.

I get what you're saying.  I just meant they could do it if they wanted, not that they had some reason to.  Least not one I can think of, anyway.  Is it for some money loop thing or just to get their stats up? Definitely makes me scratch my head.  Only thing that makes sense is maybe they wanna seem more popular than they are.
But hey, we don't really know what's going on behind the scenes with these online gambling companies!  ;)

If they bet and win the question is who pays them, it's going to look more like recycling of funds because wether they play and win or not, they still get paid daily from the losses of other people so I don't think they really do or if they do maybe they try it out just to catch some fun.

I don't think there would be any conflict of interest and there's no policy set by the casino that restricts certain calibers of people from gambling especially the owners of the casinos, because for land casinos where they have gaming house, some casino owners actually play in their casinos and they don't don't it unethical in anyway as it in no way affects the customers or the reputation of the casino or its owners.

Everyone is after earning from the system and ensuring the pay days comes heavier than the sad days. Is it improper for an owner of a gambling center sits down and gamble with his customers? in some cases its demonstrates true leadership and cooperation but its not favorable in some scenarios, were it tends to ruin the reputation of the owner if he's an addict of gambling, he will gradually wrecke down everthing. Owners of betting companies are also human being like ourselves, they interacts with their workers for the purpose to know how the business is flowing.

Things like this one are not only unethical, but also illegal... big guys do whatever they want, but they need to cover their tracks, if they do not do that they will be marked, one way or another.

So nobody from here can give you a straight answer, and if someone does that he will jeopardize some big whale. Some things are not talked about... that's just the way it is.

As a CEO of a gambling company I don't think there is any need for one to gamble on the same casino he owns. That may be done most time fro fun. We can just make some bets and see how the casino really works so that one can put room for any bugs or adjustment. Most platform do have a test run or a bounty for users to check the casino so in case there is any bugs that needed to fixed so user experience would be pretty easy and addictive. If I have a casino, I don't think I will have the time to gamble on my casino because I would be busy to to expand my business.

As far as they're not the ones that's manipulating the results of the bets, I don't think there's anything that's gonna stop the owners of betting companies from engaging in betting even in their own companies because when it comes to betting, every eligible person is free to place bets.
Talking about conflict of interests, I don't think there'll be anything of such nature because owners of gambling companies do not determine the result of games so they're free to gamble just like everyone else and hope to either win or lose their stakes

I have also sometimes have such in mind to ask but however, I think they are eligible to bet but the question is... Who gets you paid when you wins? Because the funds in a winning company is ought to be generated from lost players and the most wish of the bet company owner should be that there should more losts in the bet site so that he can accumulate as much as in the betting account in other to secure chances Incase there could be a winner somedays.
However, the games can still be programed in a way that no one on earth can bet a successful winning because the betting programs was structured and programed my humans so the system is just acting according to orders of the programmer.
Else I would say the bet company owner knows better about the strategical winning formats but doesn't have to play because it does count a profit when you wins yourself.

My thoughts though!

This is just common sense. You own a company and there's no issue using the services that your company offer. It is also preferably for company owners use their platform instead of other unless.

Just think of it of having a business that sells groceries goods, where would you get or buy your grocery? The same concept goes for owning a gambling platform, and there's no policy or any conflict of interest would restrict them from using their services. There's even no question of ethics as you own the platform and if you cheat on it, then you cheat of yourself.

You know the answer, we never know. It's simple, first of all, we don't own the casino. Additionally, without casino owners having to bet, money flows freely into their accounts. and to me, this is relevant logic. but okay, let's talk about it and try to imagine. if, someone owns a casino, or let's say he owns a crypto casino. Even if an owner likes gambling, he will gamble elsewhere. why, yep because the answer is simple. what is certain is that he will not find the pleasure of playing in his own casino.

Let me take an example, you can play slot machines with an unlimited bankroll. Apart from that, every game you play can be set to always win. then, what's the fun if that's the case? Ideally, casino owners could gamble in other places or casinos that are not owned by them. there are many reasons that could be the scenario. but ideally, brands will choose to gamble at land-based casinos with their business partners. even then, just to fill free time or to be invited around the gambling environment. It could also be, with another scenario. The point is, there are many possibilities. But what is certain is that when you own a casino, you will be busy with the business you run. whether it's trying to develop the business to a bigger stage, holding lots of meetings, meetings with your members, exclusively or with your staff. So, you will be busy spending a lot of time, and I think this is the most relevant from my personal point of view.

Personally, this will depend on each individual. Even if they also place bets, it could be that they are one of the whales who are betting on big matches or betting. Not a daily bet for small things.

When it comes to whether gambling platforms prohibit it or not, this will also depend on the policies of each platform.
However, there are indeed several platforms or casinos that prohibit the owner and some staff from gambling on the platform or casino.
As reported here:
https://www.lasvegasadvisor.com/question/casino-owners-gambling/

It is their prerogative to gamble in their platform. Maybe, even if there's some statement on their terms,
I guess, we will never know. Because who knows, some of these owners are fan of specific sports and they also do want to bet.
So instead of betting in other bookies, they can very well use their sportsbooks on this regard.
And the advantage here is that, even if they lose the bet, at least it is on the house, right?

I think so yeah, but they probably do no bet for the money, perhaps kust for the hell of it. Might even be the case thatcthey bet in their own company using a pseudonymous name just so they can check and micro manage every feature and perk that they want to offer. It has happened in the past at least. It could also be the case where notable figures play in their casino and to keep them company the owner sits with them on the same table to make acquaintances and socialize, although this is primarily reserved for land-based casinos only. Either way owners betting on their own casinos isn’t so much as a far-fetched idea per se.

The owner of the betting companies may be place the bet to check the performance of the site and to find the exact movement of the algorithm performance to the other people.The gambling owner only do the check test,but need to understand the fact the gambling owner won’t do the place of their bet into the other gambling sites and it’s not the necessary one at all.If they want to play the gambling,they will move to the real offline gambling sites and had their own real gambling in the offline mode.The reason for owner bet was to check t the beginning at they won’t follow at the end of the game in the gambling.

Not only that, but a casino owner can also gamble because he enjoys the thrill of betting or to promote his business, like Stake's owner has already done promotions where he gambles side by side with his customers and offers special bonus and advantages on the bets he takes part in. There are different reasons why a casino owner may wish to play himself that go beyond the technical side of checking if the platform is working correctly or if there are any bugs happening. Anyway, it would be really ironical if a casino operator got addicted to his own games...

If you start a casino, will you set a policy to restrict you from gambling ? As a owner you can do whatever you want as long as you are the owner as these are private business and you set the policy and rules and there is nothing unethical unless you start scamming your own business.

I'm not that deep into gambling policies, or neither am I a lawyer who specialized in that area., but with the few knowledge I have, I just think for the Owner of a betting company to gamble on it's betting platform is not a big deal in the first place, because literally he owns all the money and could pay himself if he eventually wins, and likewise the he loses have his fund deducted just like every other normal gambler, just like what most business vendor does by paying for those bought from their own shop just to ensure accurate record of goods by who so ever placed in charge of it.
So for me, I don't think it is any big deal

this aspect i believe is hard to know the truth. as these owners won't reveal if they are also betting or not. but the likelihood may be high especially if those persons are rooting for certain sports or team, as they will likely place their bets as well.
and besides, they will surely try as well some of the features of their site. that is to know also the feel of playing on their site.

yes, maybe occasionally the owner uses their own site to try out what new games they are marketing, with that they can master the type of game they own, to be honest I don't really know and I'm just guessing, and I think maybe when the owner feels bored they also gamble with the aim of having fun, not to make money because they are well aware that they have made big profits because they are the provider of the gambling platform. Participating in gambling activities can increase the enthusiasm of other gamblers if the owner also experiences gambling on his own casinos platform.

I don't think the owner will prefer to gamble in his own site because there's a Terms and conditions prior the gambling and I think that would result as a conflict of interest since he is the owner, though im not sure of that but for me it's basically prohibited.

The answer is Yes and No, the reason for Yes are:
1. The owner want to make the site looks alive.
Any decent bet amount will always become a topic on the chat, no matter who is the bettor.
2. On a small and unfamous platform the owner need to raise the total wagered on the platform, for what? Prestige or own satisfaction or to show the investors that the platform has a good turnover.
3. The owner need money, and he will play on other platform same as ordinary users because the portion of the bet on his own platform might not count 100%, depends on the agreement with the betting provider.
4. The owner place bets for event and giveaways to their users.

For No:
1. The platform already big and famous
2. The owner already rich and famous
3. They prefer to stay low, only watch everything behind the curtain.
4. Tax or they coming from the country where online gambling is ilegal.

I highly doubt there'd be anything unethical about it since if there actually was, no matter the level (low or high) of being unethical the casino is, it stands to remain that the casino is doing some really shady stuff so no, they probably don't have anything against their owners betting on their own casino. I mean, it's still their money really, maybe a bit fewer but hell, with the amount of people that bet on a casino regularly I don't think they'd mind.

Unless, ofc, they just wanted to add that to their company laws or something. Wouldn't be that far off if they actually do really, some companies have weird laws anyway.

It doesn't seem like it because what is the point of gambling business owners like this betting on their own platforms and they of course just by doing business have made so much money that there is no profit in betting.
Maybe some gambling business people still bet or gamble, but it just entertainment to be able to laugh and drink together with their business partners no longer to make some winnings.
If we can reach the point where success in business and large amounts of finance can be achieved then we can understand what I am saying and it is no longer important to think about winning at bets.

Moreover, if the owner makes bets on their own platform and is known by the team or staff at the casino then it looks less ethical, as if he were risking money to get money that he already has in his alone casino bankroll.

Let's first understand one thing. If we win any bet the casino will give us the winning amount from their pocket. On the other hand, if we lose any bet, our bet amount goes to the casino.

Now come to the point. If the casino owner bets on his own site, in case he wins, he will give himself the winning amount and if he loses, the money still stays with him. So logically it is useless to bet as a casino owner, as you are playing with your own money. Yes, if he bet on some other sites other than his own, then he can win or lose the money depending on the result of the bet, Because, on other sites, he will just bet as a gambler only (as he is not the owner at other gambling sites).

Similar to what I referred initially as promotional purposes. And when the owner plays such games as baccarat it's like competing with himself. Which is not considered gambling anymore. Only a few of them do play table games, that's why most people like yourself may not have seen them play. Yet, it's important for the owner to occasionally gamble, so that he can effectively communicate with gamblers with terminologies understood by them. This will help retain some customers. Especially when in an offline casino settings. 

In my opinion, a gambling or casino website owner can manipulate his casino website in any way he wants, but the ones that casino owners can do this with are not trusted. But the owner of the casino company can certainly gamble as he sees fit but not abuse his power, I don't see anything wrong if he gambles in his own casino for fun purposes. Moreover, the casinos who provide the game software companies should take care that the trusted game providers must keep the third party manipulate option off.

He could, but to his own advantage, he is the owner so he is above all rules and regulations, but who dares go to the table with him? You can't win such person unless they decide to just have fun with no money involved, It is not common to see casino owners gambling in their own business, for them it's always about money, the question is why would they want to gamble anyway? Most of them don't come around, they are always far away from the casino.

They have managers doing the whole operation for them, remember that they don't lose money, only gamblers lose money, so I don't see any reason for them to gamble unless they are a fan from the beginning even before they become a owner of a casino.

Few casino owners in my country are only known by their name, till this day no one can say or describe how the casinos owners look like in person, if a casino becomes successful the owner turn into the set of powerful people, they will surely choose to stay far away and watch things from afar, they will never come around, if they want to gamble they will do it in their mansion.

I've not see or stayed close to the owner of a betting company before, those guys are millionaires, you can hardly meet them randomly, so I cannot categorically say they play bet on their own company or not.
But I believe they might not play, because I feel is more like deeping your hands in your own investment or collecting from it.

Running a business itself is a form of betting, all investment has risk and is a gamble on a variety of factors many beyond your control.  Often debt costs are not perfectly secure and known for the duration the business will need to borrow, quite a few businesses always operate leverage so are always taking on risk in the hope of enough profits to repay that debt.
   I think this question is more about accountancy perhaps, can the CEO just use money from the till without telling anyone no because thats really not legal.  He cant just bet without paying off losses but surely the CEO never has the option of a bet refused.  Could they alter the odds unfairly so they always win, again I view that answer through the balance sheet because it would be like taking money you havent earnt again not legal.
   A CEO could cook the books and all sorts of alterations to a business but its not allowed; I read about all kinds of office workers or those in finance doing things they arent supposed and they get found out usually so not a smart move.

Is there a way to know that an owner is betting on his own platform unless there is a leak and the people can trace him because gamblers can hide their identity until they agree to do KYC, he may play and bet on his platform to check the platform as a player because there is nothing in their terms that says that they cannot play on their own platform, and I don't think it's unethical if they choose on their platform as long as they abide with the terms of his casinos and they interfere wiht the operation and act as a normal player with no influence on the outcome of the games he is playing.

It depends on one's interest, however, I don't think that a person would choose their casino for their gambling activities. If they are into gambling, they like spending some time and money on gambling, they would probably choose another platform for that. There might be some that may use their casinos as well and I don't think there is anything wrong with that since they own the establishment and whether they win or lose, the money still goes into their pocket at the end of the day.

However, I don't have any factual knowledge about this matter to know whether casinos have any policy or rule regarding this thing that doesn't allow the owners or anyone from the management or employees to use the platform for their gambling activities, there might or might not be.

They are free to bet just like everyone else. It all depends on the games they stake on. They may have no control and interest in certain games and they’re just as lucky or unlucky in those games.
I think they do bet but are more wise and careful themselves. They run a casino that takes peoples money a lot more than they pay out wins. That alone should tell them that if they keep at it, they’re likely to lose money and go bankrupt.

They could but who cares? It's something that do with their personal choices but I have never seen owners coming to their location to gamble, how many casino owners have you seen gambling in their own casino OP?

Showing their faces in their own casino is not safe for them either, do you know that some people who gambles never grow pass their losses? They hold grudges when they lost money that's why they do crimes and blame the casino for their crimes.

Now imagine if the the owner is present in the casino when someone lose a lot of money, anything can happen, they can target the owner and do some stuffs that are illegal, this is why most casino owners don't expose themselves to the public, it's not safe for them.

The answer to your question is subjective.
But I think owner/s have the right to bet on their own gambling house. They are free to play, have fun, and test out their luck when they play, there will be no conflict of interest as the owners don't need to aim to win. They are already winning as the owner of the gambling house. They just need to enjoy or have fun with their gambling activity if they want to.

I don't think so, and yes it is unethical to do so.
When you go to a physical gambling venue you will see there are rules about people who are not allowed inside the establishment. One of those is their employees, second are government employees, and finally, the group who may be part of those who created their games or the team behind them.
It's not right if they are playing/gambling in the games that they have control over, I mean, they know how it works so I doubt they will be allowed.

I am curious though if the gambling site is a combined sports betting application and also casino games offered in their services. Are they allowed to play sports betting because those types of games are where they have no control?
But owners may have probably been avoiding them too because it's better to make money through it than gamble it. Money-wise, business first.

There is nothing changes if the CEO decides to use site to gamble, beside him using his site to gamble doesn't mean he has all access to the backend of the site to manipulate games. He is only gambling as normal user so he must go all necessary kyc documentation if he wins something large from his site, except his preferred games are not listed in casino or gambling site before he would try to place a bet or gamble in another casino.

It is difficult to know if they bet or not unless you are their employees or the tell you by themselves. By the way, why do we need to worry if the owners of the companies bet? The chances that they don't bet is higher because who will they be targeting to win? Few of them that have access to privileged information can actually bet in their competitors companies as a way to bankrupt them... I have seen it happen in my town. I think these are the ways they bet and not like the regular gamblers.

Online, the owner/owners never include this in their terms I have read a lot of terms but there's nothing that stipulates what the owner can't and can do they are the policy makers so what they posted on their terms of service are what will stand, and if owners play on their online platform I don't see anything wrong as long as they will not manipulate the games for him to succeed, since this is their platforms they want to see the features and the interface on players' perspective and I like to believe that some owners are playing in their platform but this is online.

But when it comes to land-based casinos it is very unethical to see anyone in the rank and files of the casino playing in their own casino, their clients will see this and this is not a good image they portrayed, it's a different perspective on online and offline, this is one of the rare instances where the online and offline policy differs.

I am not sure if this answer has been answered by anyone else.
lets try to think logically, someone who has big business gets a bigger income, does he still lack money to have to take advantage his own business but also destroy his business reputation?

just like casino owner as a casino owner, especially if the casino is very well established, it will definitely have huge income and gambling owner does not need to bother wasting time betting and if we talk about just to entertain themselves, maybe the gambling owner already has a lot of money and various ways to find entertainment other than gambling, such as going on holiday with the family to another country.
and on the one hand, almost all gambling owners rarely bet on their own platform for the reason that it can make users trust decrease because they think they are being manipulated and on one hand, gambling owners have already made a lot of money who dont need to do anything because the money that will come to them.

If I am the owner, I surely bet sometimes just to test if the system is working. If not, some of the staff will do that but this does not mean we are betting to win unlike the gamblers do. Of course, as the owner of the casino, I don't think it was pleasing to bet in our own backyard as it was good to bet in another place. If they will, I believe it was for some reasons like betting together with their friends, a friendly game probably.

Of course yes, and if your concern is that the owner will have a privilege, it depends. Some betting company owners include themselves in the terms and conditions, which means that if he wants to gamble and bet, then he should also undergo registration, and if the owner wants some special privileges, then he can, but what's the point? He or she is the owner of the betting platform, and even if he or she wants to earn a lot, of course what they earn comes from their platform. Maybe on another platform that they own, they can bet on that, but on their own betting platform, I don't think they will get anything from that. Maybe they can make a bet, but just for fun and entertainment. And I don't think they have the time to play or bet because they are busy with their work, but maybe if they have a little time to entertain themselves,

If casino is owned by only one person, then owner can do whatever they want because in any way he is the responsible for budget but this doesn't make sense. If you bet from your pocket, your loss will stay with your capital and if you win, you take from your capital too, doesn't make any sense but when casino has multiple owners and they do, then they are prohibited from placing bets or playing in their and others' casinos.
They are prohibited to bet in their own casino because if one of them bets and wins, it affects capital of other investors and only benefits one investor. They are prohibited to bet in other casinos because if they lose, they benefit other casinos and make them financially stronger. While the opposite is possible too, risks outweigh the positive sides.

I don't have any close person who owns any betting company, but what I know of is that I have seen all these middlemen in the business bet in their shop but in rare cases. if at all, a betting company owner decides to place a bet on a different betting platform or company from his, then I think there is a reason behind that IMO,  and that looks fishy to me and this act should attract some kind of questions because he should be patronizing his company in the first place.

They would not bet on their casino since most of those casino owners have their own professionals that can help them to work out with their site security so they would not worry anything regarding on security matter since there are people working for them and make their life easy. But on physical casino maybe they would really bet since for sure they would target to get some whales on each season they do since its like widen up their connection and if they get whales then its really beneficial to them since they can get a lot of profit for the action they do.

But we can't expect them to became a hardcore or addicted gambler since for sure they know how to deal with gambling sites since they are already pro for building up a business in related to their hobby and for sure they can bet the odds to extend their minutes since they know that house always have a advantage on this game.

When you run the affairs of a betting company, what you are after is the revenue maximization and payout minimization. You have no business in playing because it's not like trading that you might have first hand information that you might want to buy before outsiders have access to. Gambling is gambling, whether you work with the company or you are an outsider, if the betting platform is probably fair to everyone, the result is going to be the same.

But who knows, may be the owner might want to try out what he sell to the public, maybe when they are bored and watch sports, they might want to play and catch fun, just for the fun and the money wager will not be something big because I don't think they will ever expect something from it. Instead of losing to the company, why not allow the company win from the outside customers to have more external generated revenue.

Although, for physical based casino where an individual from the company will be needed to play against outsiders. Like the blackjack and many other casino games that need multiolayer before they can enjoy the game. This is where a super active gambler is needed to play against an outside.

If he's the owner then can change any rule and so he can do anything on the site including playing whenever he likes.
But we can't say whether any owner gambles on his own site until any casino site owner confirms it himself.
It's obvious that it won't do him any good other than playing just for fun.
It's his own money and it will remain with him whether he wins or loses.

But who knows, sometimes in land-based casinos we don't know who the owner of the land-based casino business is, so he could just gamble there and manipulate winnings just to attract other users to play existing games, after all I still don't know how land-based casinos attract people. for users, it is possible that the method I mentioned earlier could happen. no one knows that they are free to do it

There is no prohibition that prevents them from playing at their own casino, but most probably those who gamble as casino business owners usually prefer to play online casinos, because in my opinion it is better to promote them at online casinos rather than at land-based or offline casinos. ethical or unethical, they are still free to do it.

As far as I know if you are working in a casino, you are not allowed to gamble since there might be a conflict of interest and of course you might already know how to trick the house and win big, this also applies to your relatives if I'm not mistaken. Though I'm sure the owner is also a gambler and for sure they are able to gamble somewhere else not just to gamble but to make a deal and a good investment, just like what's in the movies most of the time.

I believe most casino owners are game lovers, and once in a while they will like to gamble, but the main purpose of gambling is for fun and not about winning, as they are already making enough money from their casino, and winning means they are still going to pay themselves.
 
The kind of gambling I believe most of them get involved in is live gambling, where they make some live betting with their follower millionaires, and such kind of gambling they play off the casino, but they can still gamble on their own casino when ever they feel bored and also want to try out how their games are. They can gamble in their own casino, but that does not mean they are going to manipulate things in their own favour.
 
I don't think there is any rule restricting casino owners from gambling in their own casinos unless there is some kind of manipulation they can do that will make regulators restrict them from playing in their own.

The goal is to maximize revenue and minimize payment, right? That's gaming. You say gambling is gambling whether you're in the company or not. Remember, knowledge is power, especially in gambling

What about the owner playing for fun? Interesting. They're after thrills, not wins. The move is smart. They're not expecting major wins, therefore the stakes are minimal. Test the waters without diving in. It gets intriguing when gambling psychology is considered. Even if they're only having fun, the excitement and rush are addictive. Human nature. We adore the game, the risk, and the little chance of winning large

And yes, Blackjack, poker, and other games need human faces. So enter the company's gambler. They're party animals and thrill-seekers. They're creating an experience, not just playing. Gambling is about that, right? Experience, atmosphere, chance. Gambling is complicated. Many layers of strategy, psychology, and luck. Truly fascinating

If the gambling sites owner had decided to play for the game,it should be played only for the fun.If he decided to get the win form the gambling site by altering the rules,So it won’t be the good game at all.The gambler who had sufficient knowledge in the gambling need to play the game and build the tactics to win the game.Only the few times the gambling game was based on the luck and most of the time the gambling game was based on the skill based game and easy win for the skill by gambler.

Of course, it is important to remember that since these people generally have a gambling history and are knowledgeable about gambling, their gambling habits continue after they operate a casino. To comment specifically on these people I think their general purpose of gambling is for fun. Even though the money belongs to their business, if they gamble in their own casinos and make a winning, it is as if the money actually went out of the right pocket and went into the left pocket.

I also think that these people gamble regularly to try and experience new games themselves before adding them to their casinos. This is both part of the job and a form of fun that one doesn't want to be deprived of.

Betting company owners run the betting, as they are in charge of management so they may not have much time for betting. Suppose you are the managing director of a company, then do you work alone or do you manage the work of the employees working in your company? Our thinking is to make profit by betting and their thinking is to make profit by managing bets. A gambling based organization or casino based organization runs this type of activity by earning a lot of money so they don't need to play extra gambling to earn extra money. My personal opinion is like this but sometimes many jackpot offers are offered there maybe some person in the gambling establishment is betting.

I don't know the exact answer to whether the betting company owner places bets on his platform or somewhere else. But maybe they place a bet because they know the estimate of the team that will win so they also want to get additional profits from gambling. But even if they don't place a bet, they still make a profit from gambling. After all, we don't know the truth and can only guess and if you want to know the real answer, you can ask the owner of the betting company. But I don't think they want to give the right answer.

Oh! What difference would your context have if it included that it is known that someone involved with the casino is abusing the promotions? It's not just the owner, it could be anyone. There are policies that say that certain promotions do not include workers and/or their families.

On the other hand, I don't know why there is always the view that someone who runs a casino has to care about gambling or have an affinity for it, it is only there because it is a business, which in most cases, many of the investors They are just that, investors.

To all this, unless, as I mentioned, this harms third parties, then, a nickname that in its kyc says: I am the owner. What is the problem, none.

I don't know if you mean gambling seriously or not, but the owner of "Stake" always gambles when the weekend comes. Of course, his betting on his own platform is for entertainment purposes and to entertain his viewers on Kick livestreams.

I doubt if it's about a platform owner using his own gambling platform, why would he gamble on his own platform? Won't it later cause problems for other owners? So, in theory they won't bet on their own site.

Of course they do!!!

Fyi, No one person is a better ambassador than the owner when it comes to marketing his product and services, if he/she gambles this act alone can give confidence to others that the product works and you are being rest assured that you will too get the best service and play without worrying.

Besides, incase bugs are reported and owner wants to get a first hand experience, what better of getting all this information by themselves and it's not like it's prohibited, it's all entertainment and an owner supporting his own business.

I think most people that love a certain kind of habit or indulgence, soon develop a nack to know more about it and often times do invest in making it a reality because of the passion they have for it.
My talk is related to even betting company owners, because one thing I have known in my entire life as a technologically advanced being, is that the owners of a company often patronize their business to also ascertain how the customer service, general service and response is, also to show they are more interested in their business than any one individual patronizing their business.

Casino owners betting on their casino shouldn't be much of a problem when the funds will go back into their pockets anyway. I assume they place bets on their casinos for other purposes (already mentioned by the posts above) and not for the usual reasons as most gamblers do. I also don't see a good reason why they shouldn't be allowed when they have the power to do whatever they want in their casino.

True. I always see this part mentioned in Stake's promotions.

Well, they should know better than to bet. Ironically, they probably know the dangers and consequences of gambling addictions better than anyone. But they are human just like me and you, so obviously they are going to bet, some more than others, but they all bet anyway.

They probably have much larger gambling funds than us, though  ;D

I see nothing wrong with gambling as long as you remain in control, assuming you are the kind of person who knows how to remain in control when gambling. Not everyone has that ability.

I think betting on someone else's platform would not make sense, you have your own sportsbook, why would you want to bet anywhere else? That doesn't really make sense to me at all. I think it is clear that we are talking about a situation that would be less than ideal, it turns out that we are talking about a situation that would be a bit weirder to handle.

Hopefully, if we could end up with a situation that would make it change, then we could say that it is going to be like owners betting BUT not with company money but their personal money. That is the real question, are they using money that is still in the company, like making the company bet on some games, or are they using their personal funds to gamble? That's the question.

Owners of betting companies used to be active gamblers but are now passive gamblers. Betting is not fun anymore for them. The real fun is making money from the gamblers. This is not about ethics or the company policy, it is something they have seen that the ROI from one gambler using their platform is almost 100% so why should they bet. And if they need to test a new feature or so, they would just recruit gamblers who would give them their unbiased opinion about it. I think it is called a review of their product or feature.

In my opinion, the owner of a betting company is no different from other gamblers, if he as well as other gamblers do not know the outcome of the game on which he bets. Therefore, I believe that the owner of a betting company can make a bet where it is convenient for him, even in his company, because it does not contradict common sense. If he has some levers that give the opportunity to cheat, then it is definitely unethical in front of other gamblers and most likely violates the law.

The platform owner did it without anyone knowing. They also don't have to bet on their own platform, although there are many platforms they can use to place their bets. What is certain is that we will not know whether the platform owner is placing a bet or just waiting for the profits to come. But if it were me, I would wait for the profits to hit my wallet while keeping an eye on my platform.

And if I want to place a bet, I'm going to place that bet on my platform rather than going to another platform. But using other platforms can be something different so I can know what's different about the platform I have. This can help me to get ideas that can improve my platform and provide more satisfaction to my customers.

It is not known exactly whether the owners of the betting companies do the betting but I think the casino owners usually handle all the gambling. Everything that happens in the company is under his control. Even if he doesn't bet he is so profitable because he gets a percentage of the gamblers who are betting using his platform also the gamblers understand everything about the various activities they may not have while betting. There are many online casinos the casino owners have different policies to determine whether they are properly licensed for gambling activities and their licensing regulations. Owners readily provide license information to gamblers if they wish to check it.

There must be some rule or regulation about people from the management gambling in the casino they are managing, I'm not sure if they are allowed to do that or not because I've never read or heard about any such rule and even if they do gamble, it's not like they will or can manipulate the results and make them in their favor, especially if it's the owner itself because it doesn't make a lot of sense winning money from your owned casino because the revenue is already yours to have after all the expenditures, salaries, and stuff.

However, if a person likes gambling, even if the own a casino, they can gamble somewhere else, not to earn money because they don't need that, but just to have some fun and pass their time if they have free time and they need to do something in that free time, they can use any reputable platform for that.

Perhaps you are misunderstanding it what OP is asking. He did not ask if the manager or workers of the company do bet. Because i know the owners of betting companies are not the one who does the main job they have ambassadors, managers and project directors who are the to handle everything within the company. So, they have all the time to bet. However, one who is not passionate about betting will not own a betting company. The owners of betting companies are the biggest and richest gamblers in my own opinion.

From my own perspective I think that if they want to gamble for fun the casino owner can do that either in his casino to promote his business or gamble in some other casino to see how their features are like. I don't think that most of them gamble because they know that the house hedge will always win.

It is better not to gamble when you own a casino to avoid you from being tempted to gamble most times because you will be able to afford any amount that you want to use in gambling since you own a casino.

I think that there's a conflict of interest if they do that with their own casinos. If you see one of them does gamble on their own platforms and they are advertising it, you know that there's always the catch that can be done through marketing. And that's why they're doing it for the sake of their own branding and not for them as they gamble.

And if they gamble somewhere else, in other casinos, there's a tendency that they're trying to get familiarized with other casinos for them to see if there's any gambling experience from those and to what they own. The comparison will be there for them to check everything out and if there's anything that they can apply or change to their casino, they will have to.

That's why we don't know if they do or not, and if they do then there goes those possibilities that we're talking about. But I guess that most of them are just doing it mostly for business and never do it for their own pleasure.

These people are the players who now play for fun because they already have the funds in excess. They control the market and may have bigger gambling troubles to control or worry about. They may now be worried more on how to manipulate the gambling world to garner more profits. I don't think they'll waste too much time playing slots. Their time would be mostly on manipulating slots results. As they're the house we are playing against. Gambling is not a one man game, we compete with them not AI. But, the bigger gambling troubles I'm referring to, is their efforts in manipulating sports gambling. The rumor that gambling companies control the scores of games, isn't just a rumor. It's somehow true. Because fixed games are what fetch these gambling owners more funding. The money they wager in manipulating results, is also gambling. As the highest bidder wins. If for instance a group of gambling owners wants a specific team in sports or a person to win a game they can use money to rub the match or boxing event. Hence, these things are most likely to be what bothers them, than consistently playing slots or card games with us that patronize them or collectively fetch them the huge amount of money, which they use in their con against gamblers. There're levels or stages of everything. The type of gambling we know isn't the type casino owners participate in. There may belong in a small circle gambling club, with higher possibility of winning. No need for them to always play games in their own casino. That wouldn't be fun at all.

The answer to this question will depend on the country's policy, the terms or service of the casino and the attitude of the owner. If it is not against the law or terms of service of the casino, then he is free to gamble in his casino. And if he is also a gambler and wants to enjoy himself or win some money, it's not bad. But it will become abnormal if he starts engaging in shady deals to deceive customers.

I think OP's concern is that if any laws restrict the owner of a casino from gambling in his own company. He is assuming that casino owners could manipulate the outcome of the games since he is the has control over the business. Some sports rules restrict players from placing a bet on their clubs because of the fear of game manipulation because player's actions or inactions can affect the outcome of the games. So I think Op has a genuine concern that the owner of the casino might have the power to manipulate the outcome of games especially if they are in-house games.

Well he can do it, but as business owners, do they think that it will be good for the image of the company is someone found out that they are betting on their own platform? And then we will also suspect that they win right? But it doesn't make sense as all taking that winnings and then what? So maybe there are owners, but I doubt that majority of them are gamblers in the first place. This are business for them, not a way to gamble. Doesn't matter what the terms of policy is, they shouldn't do, simply as that. And as you have said, it's a conflict of interest to them, so that will be illogical and preposterous.

What makes you think they don't want to do it? I think they will do whatever it takes to make their platform very active and attract a lot of interest. I heard some casinos pay people to bet on their casinos, they can even pay influencers very high fees to promote them. Anything can be done when the casino has the money and that includes letting teams gamble at their own casino for the intended purpose.

I agree that gambling in one's own casino to convince other gamblers to bet more is highly unethical, but it can be done and people don't even realize it at all. They can pay influencers anywhere, but I'm not surprised that the biggest whale in one or two casinos is themselves, especially online casinos.

It may look like a conflict of interest but if it's online there is no way to know if the owners are playing on their platform, but if it's offline there is no way to hide their identity, an owner can play online on their own platform for site testing and to check and compare the interface based on the players against their competitor I see nothing on it as long as they are not manipulating the outcome and favor him.
I don't know if players are concerned if owners are playing on their own platform because, in my opinion, I don't care if he is playing, it has no bearing or concern on my gambling session.

Mostimes, alot of gambling companies and sites are owned by chronic gamblers themselves. They won't dare wager into the company's funds as that would already predict the future of the casino; the more funds he utilizes selfishly, the more predictable the fortune of the casino is...
I worked as a cashier in a local casino house and I was later informed that the boss lost over 6 million naira on virtual games... Things like this happen but they won't tell you.

Sandra 🧑‍🦰

I do not think that there is a policy which restricts them from betting as they are the owners of the platform in the first place. In fact, they have the power to stipulate anything on the TOC that can either prejudice the gamblers or himself in the process. Additionally, he has also the discretion whether to fix the rates and to determine the house edge of the whole casino.

I also do think that they try their own platform just to check if there are bugs or problems that a future gambler may encounter. Nothing restricts them completely as they are the owners in the first place. They have the freedom to do anything and to change anything to their liking.

If I were to guess I would think that an owner of a casino has a passing interest in gambling, so even if they are not avid gamblers themselves they may enjoy it once in a while.

However regardless of whether we are talking about a physical casino or an online one I think there is a conflict of interests here if the owner were to gamble at their own casino, especially if it is a game like poker in which they are facing other players, as then there could be the suspicion they are receiving better cards or the results are being manipulated in some way in order to let them win.

Very much possible, BUT why should an owner needs to place a bet when his business are constantly earning every time someone placed a bet on his gambling platform? I mean that reason alone is like winning every single time. Besides, if someone finds out that an owner was betting on his own platform, it will cause some doubts from the users who uses their platform and they will consider it as an unethical act which will cause a damage to the platform's reputation and it can potentially cause your business to be compromised.
Nobody wants that to happen, so I guess keeping your bets away from your own platform will keep your business alive, rather than risking the reputation of your business.

Maybe at the start of the platform launch they will also place bets to make it appear that the platform is busy with visitors and has many users. You could say this is a basic form of promotion, but once their platform becomes popular then usually they won't place bets anymore, but if the owner of this platform is a gambling addict then chances are he will always place bets every day. especially if he is aware that he is the owner so he will easily do anything because he has full control over his platform, betting on his own platform in my opinion is also something that platform owners should do so that they can find out if there are technical problems on their platform and can be repaired immediately.

But no one knows if the casino owner is gambling in his casino unless someone tells all the gamblers that the casino owner is gambling with them. But if I were a casino owner, I wouldn't tell anyone if I gambled at my casino. This is to avoid suspicion of the gamblers if I become the winner because they will definitely think that I rigged the game. But it's better for me not to gamble and collect the money that goes into my wallet ;D

Not gambling at my casino will prevent gamblers from thinking that the casino I own will only cheat gamblers. I don't want that to happen so that I won't gamble in my casino.

Your point about platform owners betting at first as a way to get people to sign up is interesting; this is a murky area of online gaming ethics. But there is more to the intricacy than that. If the owner is hooked on gaming, this mixes personal issues with business ethics. Betting on their own platform brings up questions of justice and openness. It's important for platform owners to keep a clear line between their jobs as managers and participants. That being said, your idea of owners betting to find technical problems is a good one. There are, however, more organized ways to do these kinds of tests, such as using models or hiring beta testers. Do you think that using real bets for tests could make things less ethical?

What I think about this is that when it comes to doing things well, an owner of any service or of a casino or of any company needs to test his product, and obviously they just have to work, to see how everything is, or From the Advantage of the house , such as the user experience, of course the owner of the casnio has to try the games from time to time, you can do a normal test and see and test how everything is going there, with some money you can see many things, like you can actually see it from the point of view of being a new user, and you see some errors and problems that can cause some things in the casino, but seen from it He's supposed to be the boss himself, but if the boss plays for him, that is, if he plays for profit for himself , I don't think so, because it's his own company, he will only be supervising how everything goes, in fact I would supervise how they treat those of support to other people because that is very important.

The owners of the companies are always there, some of them are supervising all day, for them it is the best job that all things are working well, then things when it comes to how to do it so that an employee can go and try things , or their own workers make everything work well, they can even make the machines themselves change their parameters so that they win , I don't know if such a thing is possible, but in part it could happen that yes, then these types of things are possible in every company, always That the boss is there or is there, well, things happen so that they can do things that way, so the company bosses, in this case in a casino, do not seek to win, they always seek to have the best experience so that they can Therefore, I believe that the owners of casinos, of platforms that are for Fun , do not play for themselves, they Play to try to see how their clients might feel, and if the experience is not good, then they have to correct what is Necessary.

just like drug sellers, rarely will they be successful if they use drugs too so i don't think that the owner of a gambling business actively gambles, he is definitely too busy taking care of his business so he won't have time to gamble, besides that there are many things that must be taken care of if you set up a gambling business, being an active gambler is not something that is easy to control, especially since gambling is a game that doubles your money, but i can't be 100% sure that in this world gambling owners are not gamblers, maybe in other areas the culture is different.

Gambling is different to drug when it comes to their effects and that's why I don't think it's cool comparing the effect of betting company owners and that of drug dealers taking drugs from the ones they sell to others. Gambling is easier to engage in responsibly than drugs and that's why I don't find anything bad in betting company owners engaging in gambling on their platforms.
I don't think there's any rule that stops betting company betting owners from gambling because they don't any influence on the results of games so just like every other adult, they're eligible to to bet as much as they can

If he is the owner of his site what would be the point.  It would go into his profit and loss, and honestly he would end up losing as he would have to pay taxes on his winnings or profit if his casino won.  I don't get the point of why someone would do that.  Maybe they would bet on another site to lessen the risk they have on their own I could see that happening.

For me I believe that owners of betting sites or company also bet games but it is only at a point of a heavy stake by a gambler as he might be afraid of the loss he will incur if the game eventually plays. So a situation where there is a heavy bet, what most betting promoters and bookmakers or owners does in to stake at least half of the money that was staked at his site to another betting site so that should incase the game plays then he won't face much pressure of payments rather he will feel relieved and if the bet loses as well them he have achieved part of the money.

It is very important for us to be very smart in gambling more especially the owners of betting sites and companies though i know they don't even wish their stakers to win because imagine someone using just a little money to win huge amount of money. So such situations the owners of the betting sites doesn't seem to be happy. So in the case of heavy bets by a gambler the best is just not to be greedy, then use part of the money from the heavy bet and place the same bet to other companies so that incase the game wins then you won't have to pay so much money again.

We can't be sure as it is a personal choice and we don't get to interact with the owners of gambling platforms. Every gambler will be having their gambling experience and most could've begun the development of their own platforms out of it. Most of the gambling platform owners might've experimented their platforms functioning, but they might not be regular gamblers. I also have a thinking that the owners might spend little on the competing or the other gambling platforms to know the good and make it implemented on his own platform.

I would imagine that the owners of betting companies do place the occasional bets, but only because they are often rolling in money and simply don't have enough places to spend it. They are some of the people who are most aware in the world about the dangers of betting, because their fortunes are built on top of it. Of course they'll have the odd flutter, but they have often built an empire based around financial control and calculated risk, so they are going to be much less susceptible at falling into dangerous gambling habits. It's likely that they'll join in as part of entertaining guests, because they will have very deep pockets and it is not going to make any long term impact on their wealth, they only see it as a small bit of fun.

Why would there be a policy that restricts certain people from gambling especially company owners. They own betting casino doesn’t mean they control the games or the players playing the the games, they are also just a normal participant and I don’t see a reason why they should be restricted from gambling on their own casino.

If a owner of a gambling company is into gambling also he would prefer to make use of his own company to gamble so the benefits these companies get from gambling will not go to another company. Why waste money to buy a car from another company when you make cars yourself.

Yeah, It could be said that some of these casinos have T&Cs that do not allow the owner or staff of the casino to gamble on that platform or casino. And that is certainly probably written in the T&Cs, so that gamblers will think that they can't join. However, there is no guarantee that it won't happen. It's true what you said, it's impossible for them, especially since they are casino owners who have power. It could be that they do have various tricks to do it. Would we really be able to know if they did it too? Especially if it's online, no one guarantees it.

Well, the matter is up to the owner, whether they are still at the level to directly engage in gambling or betting on their casino or not, or only at certain times when they want to play. Because of course they are also more focused on the earnings they get from gamblers on their platform. Or they actually prefer gambling or betting on other, more public, platforms. We may not know their 100% reason for getting into gambling of their own or any other.

If we have a friend like that who owns a huge business like a casino, then I'm sure we are not here now in the Bitcointalk forum because we are likely a businessman as well, and you know them, they are always busy. A middlemen might be different from the casino owner. They don't own a casino, but if they know someone who owns it, then maybe they can choose to play on that casino as a way of showing a support.

As for the casino owner, I think it's obvious that they will always play on the other casino because how can they earn a profit if they will only play on their own? Unless if they are only playing to get entertained. That way, they will never lose any of their wealth.

I would guess that owners and their family members not being allowed to gamble at their own casino would not be on their TOS but on the law itself.

As in the case of state lotteries it is directly stated that those that are employees that take part on organizing the lottery cannot participate by buying lottery tickets for themselves or their families, since if this was allowed then there will be a temptation that will be too high to manipulate the results on their favor, and I would guess a similar regulation must be in place when it comes to private casinos.

No, if we have friend who is successful in the casino business that doesn't mean we are also successful because no one will ever know each person fate and friendship will never be measured by the success they get.
Example, of course you have quite lot of friends and I sure some of them have achieved success but are still you are still here.
Don't assume that when you have successful friends we are also successful people, that not true.
And the activity of casino businessman may only be checking and monitoring how the business is running so that there is still time to gamble if they want to.
But I not sure they use their free time to gamble because people with huge wealth and successful businesses always have different ways to have fun and get entertainment.

I don't think there is any problem if betting company owner takes a bet. Because Betting is an open platform anyone can bet however they want. Casino owners have no laws or regulations that may prevent them from betting. But usually the owners of betting sites are not encouraged to do this because they get a passive income from their site which is risk free for them. Since they are regularly earning huge amount of money from it daily and as their site expands their income will increase so they will always spend time to grow their business. They don't bet like normal gamblers.

In the case of the lottery, there are regulations that the owner, his family members and employees are not allowed to buy the lottery. They can buy lottery in other places so they don't manipulate the lottery results. But we don't know about other gambling games. Maybe they still gamble at the casino too ;D

But as a casino owner, your focus should no longer be on gambling but on making money from your business. Casinos are places of business that can provide a lot of profits, especially if the casinos have developed and become increasingly popular.

Right said betting company owners do not bet his main task is to supervise all the responsibilities of the company and what is happening to them. The casino environment is maintained and controlled by the casino owner if the casino environment is not good then no one will be able to bet. It is his responsibility to make the environment of the casino beautiful so the owner of the betting company has to control everything well and take care of the gambling so that there is no problem in betting. Maybe he doesn't have time to bet on these duties.

Maybe, because he owns the company, he can do whatever he wants.
Unlike us ordinary people who play gambling apart from having fun and hoping to win at the casino, the company owner only has fun at his casino, he doesn't need to work hard to earn money just by staying at home and receiving deposits every day from gamblers who who placed the bet.
Therefore, it is no longer strange if company owners have a good or decent life compared to ordinary people who may experience adversity.

They don't need to bet because they are already in money, if you see any casino owner that's gambling they are doing it for fun, and I believe that most owners don't even like gambling, they open the business for making money only.

* Owners don't come out in the open, they enjoy their privacy and that's for safety purposes too.

* Even if they are into gambling how will we know? They will rather do it in their room, away from the public eye.

Something just tell me that owners knows how crazy gambling can be, they might even be forbidding their families from gambling, they understand the risks of gambling, I say this because I believe they are doing it only to make as much money as possible.

Yes, the boss of a betting company has a very important job to do: they are in charge of everything. Theres more to this than just "maintaining the environment," though. Putting together an experience, a world where every little thing matters, from the sound of a chip hitting a glass to the swirl of a drink. Owners aren't just monitors; they're also builders who make the world that draws you in. You dont have to bet to be good at gambling. Its the dance of risk and return that makes it art. And with all this planning for the ballet, who has time for a flutter? Finding the right balance between making money and appealing to people is like walking on a tightrope. What does the owner bet? Its on the house, which always wins because its where riches are made and dreams either come true or fail. And isnt that the real risk?

What is the incentive of the owner who will want to bet using his own platform? I guess, nothing because, when an owner uses his own site to bet, he will be earning money against whom and in case of the loss, he won't be getting the loss too ?

I feel really odd to understand that a bookie himself doing the bet on his own site. Practically there should be no reason for this and this whole idea is worthless. Yeah, the gambling owner may be willing to bring his friends, and relatives to the gambling site as more people will bet using his platform, he will get the advantage.

You will have to find some owner of a sports betting platform and ask him. ;D Most of the forum members don't have sports betting platforms.
What's the main purpose of sports betting? I think that the answer is "making money". I don't believe that the people are betting on sports just for fun. Traditional casino games are made for fun. Sports betting is more like buying a bunch of lottery tickets and waiting for the jackpot.
If you own a sports betting company and you make big profits, then what's the point for your to make bets on your own betting platform?
This doesn't make sense to me at all.

It wouldn't be a problem but I don t think they would do something like that because it's fooling themselves because they know that when they play they lose.
I think the perspective of the people behind the scenes of a casino or gambling site they just see this as a profitable business so they just need to organize their business to make a profit because their goal is money not games, Although there might be some fun when trying but if I was in the situation where I was behind the scenes I still feel I would not play gambling games on the site where I do business and this kind of thinking might happen for them too.

Yes, answers wont really be that precise since we arent betting or sportsbook owners on which there's no way on confirming this whether they are allowed to make bets on their own platform or not.
If there would really be some regulation or prohibition in regarding this but actually thinking up on how things works then i dont see for it to be that wrong on betting on your own platform since you do
really own it on the first place, so you do have the full rights on what you should gonna do since its your business. Although there might be some certain circumstances on which they are really that avoiding and might
prohibit out such situation.

It would be great if we would be able to see or confirmation but asking out this question would really be something personal. So highly doubt that there would be
someone who owns a sports book will be answering out questions. Making up some searches online might really be able to patch up
those kind of questions and answers which you neither believe it or not.

That's correct.
If I am the owner, I will do the same. I would not let any of my family members gamble in either physical casino or online gambling sites because I know the risk that is associated with it and I know how the system works.
I may gamble but not to the extent that I will get hooked to it because that can ruin my own business. As the owner, gambling only during promotions or for advertising purposes is alright but sitting in front of a slot machine for a long time is wrong.

Let the gamblers waste their money while the owner keeps on taking it all. Business should be taken care of as a business and not because we want easy access to our own habits. It could just lead to bankruptcy if the owner is the one who is taking money from their own pot.

As long as the casino owner gambles in his own place there is no problem because the money will be returned to him too, after all that seems to be a common thing to do and the casino owner is usually a gambler too, just like the cigarette factory owner doesn't necessarily smoke but the casino owner definitely likes to play too. gambling because it is impossible for a casino owner not to gamble. During that time he was still gambling at his own place, he had kept his business running.

Did you know that every casino needs active gamblers to continue playing and gambling so that it appears on the front screen that there are active gamblers betting, that is the importance of the players or casino founders playing gambling to attract other gamblers to want to try the games at their casino.

I haven't encountered a rule yet that prohibits the owner himself in betting in his own casino website or establishment. Oftentimes, there are casino owners that are even playing together with other people. I don't think it's really big of an issue especially if the owner and the casino already established a reputation in the gambling industry. It could be some sort of advertising as well, blending in with the crowd. Although some people might say something bad or even question whether he's doing it for gain by manipulating the results. But I guess it will be hard to do so, especially that machines are programmed and it follow an algorithm for fairness purposes.

As for me, I think it will be not their priority to bet and play everytime since they have a business mindset. Their goal is to profit and to maximize their knowledge in a way they will benefit.

it is possible that the owners of these casinos will bet on their platform because it is much better to use their own platform compared to using other platforms. but the question is, why do they bet when they already have a lot of money in their account? it's more fun for them to watch people gamble on their platform and see how the money flows into their bank accounts, rather than having to get tired of betting and not being sure whether they're winning or not.

On point! If you're already making money, why involve yourself and risk your potential profits? unless you are part of a game fixing community though until now there's no concrete evidence that can point that out, but that's the only thing for me that will make the owner to place their bets, the reason behind of creating this kind of business is to make sure that they will make money, and there's nothing else that's more important aside from achieving it.

True, I don't think any gambling addict can ever be able to manage or start up a casino that will be successful, they gambling isn't a bad thing because they know when to stop, their biggest concern will not just be about restricting their family from gambling but their successor. Their next in line shouldn't be having a glimpse of addiction to gambling or their business is doomed

Therefore, apart from self-entertainment, the owner of the company will also make a profit when fighting other gamblers on his own platform and that is not a problem for him either.

This may sound very strange to you, but in reality, some company owners also gamble on their own platforms, whether it is their way of attracting sympathy from their friends or relatives. And besides that, it could be that he is indirectly promoting his Casino platform.

It is just common sense, if a casino owner begins to gamble at their own casino and they do so at a game in which there is a direct competition against other gamblers, if they begin to win some gamblers may begin to think they are being favored and the game is fixed, and that is a reputation that no casino can afford to have.

So even if a casino owner was just legitimately trying to get some fun like everyone else, the risk is too high as their actions could be twisted and be interpreted differently, and in that case it is better for them to not risk it and gamble at a different casino if they feel like making a few bets.

Yes, they do and so are their employees. Everyone is free to place their bet once they have their money to pay, but that's if it's not for a special purpose.

However, it's not entirely for free, regardless, if the boss deposited and gambled in his casino, it's still his money either winning or losing, so it doesn't matter. This subsists unless there is a program specifically designed for that where they can virtually credit the platform with money that will not in an actual sense represent a true asset though reflects and could be played with.

This is possible since it's their system and it might be what they will be using for many purposes including testing. Again, I don't see any reason for a conflict of interest at all, just like someone selling retail goods, they can be an end-user too. Nonetheless, in businesses that are technologically divine like casinos, they often test the platform to detect flaws, text new systems and check for fraud, so they would have provided such means for the boss and some employees to observe and bet within the system, and for free or will be reimbursed.

There is nothing wrong with casino owners to bet in their own casino, I don't suppose there are rules that restrict them from doing so. But it is not advisable for a casino owner to use his own casino. In as much as you have the Liberty to do so I believe it is better to use another casino. Except maybe the person in question has a good percent of self-control and definitely not an addict then he can bet on his casino if you choose to. Maybe to try and multiply his money or maybe he just want to boost the morale of other players.

Indeed, there is nothing wrong with a casino owner betting at his own casino. However, the casino owner should use an account that does not show that he is the owner of the casino so that there is no suspicion whatsoever that he can win a lot of money from his casino. But it seemed funny because he was betting in his own casino. It might be better for him to gamble at another casino and not use or show that he also owns his casino. But if the owner of the casino were me, I would sit back and enjoy the amount of money coming into my account and make sure it was in a safe place. We don't need to double the money because there will definitely be many gamblers who will lose large amounts. So we only pay attention to the casino while still monitoring whether there is fraud occurring in our casino.

Why did you decide that it would be better if the casino owner bet at another casino? In this case, if he loses, his money will go to someone else.

And if he places a bet in his casino, even if he loses the money, it will still come back to him in the form of profit, so it’s a win-win for him. It's the same as if you have your own grocery store, but you go to a competitor's nearby store and buy groceries there, does that make any sense? The question here is rather: should the casino owner place bets? If he makes a profit from the casino and knows how everything works, then it is clear that he will bet not for the sake of winning, but just for fun, but it seems to me that there is not much point in this.

Is there any rule that will stop the owner from betting except if he makes a personal decision that he does not want to bet and sometimes he will need to bet so has to get more idea about his company, you can not own a business and not have any idea about that company once in while am sure the owner will place some bet to test his company.  and if it is about casino owners they have a lot of friends and will always play games with their friends with high stakes. and with that, they will be able to bring more people to their casinos, they also have to look for more ways to improve their casinos and marketing is very important, so the owner has to be very clever to bring his business to the peak.


For me, if the owner gambles on the other side you may want to compare and contrast and check on how to improve their own platform since gambling and casinos have a lot of competitors in the market you have to give good service to your customers, and that is why there is always improvement and why to bet when they have a lot of money the reason I think still about how they will want to test their own service, there should be analysis on the number of players if there is any need to add bonuses they will do so to get more customers to their service.

I think that the main reason for gambling in their own casino may be a lack of confidence in the gambling sites of competitors. If the owner of the casino is sure that the system of distribution of rewards in his casino works honestly, then he obviously will not want to play where there is no full transparency. At least that's what I would do. But I somehow think that most casino owners do not gamble, because they can afford more interesting options for fun. 

Though I also don't know if there's a rule if casino owners are prevented from using their own platforms but most if not all owners for will not be engaged to this setup, they put this business to earn and they are wise enough knowing that gambling is always a risk behind, why bother to play if you just need to wait and collect your earnings right?

Maybe on some occasions there are casino owners who play but not every time we encounter such kind of events.

The casino owner has a better chance of winning if he bets in his own casino, as he is perfectly familiar with the nuances of betting and various tricks. Often casino owners whitewash their income in this way - it is a fairly common scheme of officialization

Of course, that's for sure, at a glance maybe we can already assume how the wins will be obtained by casino owners who play in their own casinos, as you said, they really understand what they have to do in order to win, that's like a trick but with a higher success percentage rate, and I say it's more than just luck. And if there are some people who don't believe in the fact that casino owners will have a greater  chance of winning then maybe they can try sitting at the same table and betting.

Yes, this is a pretty good alternative or way that they always do to be able to cover their casino income or even increase their company's income with those who are directly involved in gambling in their own casino. Is this a cheat? you can judge for yourself

There would be self test outs whether it is really giving that good odds or whatsoever that you are really that trying to find out into your platform. You would of course be prioritizing when it comes to good user experience.If they would be liking to test out their own site then there's nothing wrong with that, its their site or business then they do have the rights on what they should gonna do.
It is really just that i dont know if there are some legal or something like that about owners making bets on their own gambling sites or betting but well its their own choice though.

I think that's given considering the fact that he is already familiar with his own system. What if a casino owner plays the same as the regular bettors with the chance that he's just boasting in front of his friends? Do you think he still wins in this case?

Now even if they're the owner and that they can bet, that don't mean that they're going to bet anyway. I think that these casino owners are probably too busy with other stuff like running their casino and dealing with other internal stuff to have the time to gamble in their own website plus as a businessman, I don't think that gambling is a part of their liifestyle, they're better off gambling that money in stock market or in their business by recyclin the profits back into the casino for improvemens. Maybe it's a bit off-topic but OP added the word casino so there's that word that makes it immune to being called an off-topic.
That's an illegal thing to do I think? Rigging the game just because you are the owner is a violation on fair game policies in countrie because you're basically like doing an insider trading but in your own casino where you rig the wins and hopefully deceive some people that they can win in the casino just like you did. What do you mean by whitewash? Based on the complete sentence, it seems to me that you're describing money laundering, I don't know any other way that what you're saying could be anything legal.

Is that so?
Owners of the casino have more chances to win than his patrons/gamblers/users? I don't know why, but it seems quite weird to me to do such affirmation in a slightly way.
As far as I understood with some of the experience I have managed to accumulate, in the case of provably fair games, the staff or owner of the casino is not supposed to have any advantage when compared to a regular gambler.
Maybe you both are talking about games which are not probably fair or games whose code can be messed with, in such case it would be dishonesty, by the way.

I am more open to think a casino owner could have more chances on betting by following his experience in the bets he has witnessed as he managed the casino for years.

The casino owner is free to do whatever he want, whether he wants to gambler in his own casino or in another casino, but if he is in his own casino, he can get a bigger chances of wins because the casino has trick or strategies thats play and the casino owner definitely know it, but if he is just gambling just to please other gamblers so that other gambler know that the casino owner is also gambling, I think it does not matter even if they don't win, so they get excited because they see the casinos owner doing his own activities.

why do you have to use a fake account? Has not the casinos owner made a big profits in his own casino? Why does he still hoped that if he win big, he has to cover up his identity? There no need to covered it because casino owner are also humans, they have the freedom to playing whatever games they like.
Not just you it seems like many casino owners prefer to remain silent instead of being busy doing these activities, they prefer to go on holiday abroad, or shop for luxury good because the profits of casino owners are invaluable because what is certain is that casino owners make abundant profits every day.

If it were me, I would be fine if the money went to someone else. After all, it was a small amount of money that I used to gamble and even if I lost, I would only lose a little money. Maybe I want to avoid trouble if I win at my own casino. There is a possibility that other gamblers think that I fixed the gambling game so that I can win. If that happens, they will definitely be suspicious and there is a possibility that they will leave the casino because they suspect me of cheating at my casino and making myself win from my casino. That's not good for the business I run, so I might gamble in other places that have nothing to do with me or know me.

Yes, that's true because the casino owner already has his money from the casino business he runs so he can choose to gamble anywhere. If he gambles at his own casino and wins, it could arouse suspicion from other gamblers because he can win at his own casino and that could make them investigate his casino to find out the truth. If you gamble at your own casino to accompany the gamblers in having fun, that's okay because the casino owner wants to build a closer relationship with his customers and so that his customers will come back again another time.

Yes, a casino owner should enjoy the profits from his casino business by shopping for goods or investing in other things rather than spending money on gambling because he has already created a casino business so he can get the profits. Yes, each casino owner definitely has his reasons, whether they are gambling or just enjoying the profits.

I always thought that "big" company owners do not have time for all of this that easily, maybe they can take a break and go to vacation at times, but that's about it, not something that could be for too long. I get that it is hard and it may take a while, but for like 1-2 weeks a year they might, but for the rest of the year the yare working hard and I doubt that they will be able to do anything about it.

This is why I think it could be something that they could handle, and they probably aren't gambling day to day basis. This is true for big ones though, if you are a casino owner and your casino barely has any players, that means you have more things to worry about but also have a lot of free time and could do that, it should be a bit different situation and not this easy. I understand that they may not prefer to gamble either, but they at least have more time to gamble and should be fine, I do not think that it will be that much of a big news in the end.

I don't know for sure whether gambling owners do gambling too, but I'm sure they definitely do that too, it's impossible for you to set up a business that you don't know how to play. I still remember there was a film, which told the story of a skilled card player who founded a casino, he founded it because he saw the profits he could get, but every now and then he still gambled and his favorite game was poker, even if you weren't good at gambling, you would there are times when you want to gamble just to relieve fatigue and so on, gambling is an activity that many people cannot refuse, especially those who set up a gambling business.

I wouldn't say it is unethical as long as they are playing as a player and they do not have influence as an owner to their bets, they can play on their own platform, and they may want to see how the user's experience as a player and of course instead of putting money elsewhere, they prefer to do it in their platform, like why are you buying in another store when you have the same stuff in your own store, you get the profit when you're patronizing your own, there is a saying love your own.
And you can also see if there is something to improve in their platform.

Good point in the side of using your own instead of using other platforms, they are also human and the chance of being interested with that same passions might occur, though by chance casino owner will play better to use their own platform as long as they are not doing any wrong or any influence with the possible outcome we might be see them enjoying just like how those gamblers enjoying the services they offered from their own gambling site.

I suppose from time to time casino owners may take the time to gamble at their own casinos, and do so while pretending to be just another client in order to avoid receiving preferential treatment, see how everything is working out and evaluate how most clients are being treated.

This way they can find areas of opportunity in which their casino can improve the quality of the service they offer to their clients, and while they could hire some gamblers to do this for them, there are instances in which the best way to find out the shortcomings of your business is by making those kind of tests by yourself.

but this problem is a matter of pros and cons between other gamblers because each gambler has different thoughts.
I mean when a casino owner gambles on his own site and there is someone who knows he will think if there is manipulation in the game because the gambling owner is betting at the same table as other gamblers.

this is the same as a casino owner gambling in his own casino and playing at the poker table with other gamblers but the casino owner is lucky to win continuously and the other gamblers will think badly if there is manipulation in the game.

maybe some gambling owners will do this and for me it does not matter as long as everything goes fairly but its just that a debate will definitely occur about this manipulation so there will be pros and cons in this matter.

Setting up a business is an endeavor that takes a massive amount of time and effort, so it makes sense that casino owners are passionate about gambling not only as a way to make money, but it is also possible that gambling itself is one of their hobbies.

Otherwise it will be difficult for them to put themselves on the position of their clients, and figure out what they expect out of a casino and where they can find some areas in which they could improve their service.

I believe one way or another, these casino owners have been part of any related gambling activities prior to owning one.
Would be hard for them to understand this business if they have no prior familiarization to this business.
They may not be betting anymore to their casino, but for sure, they have very good idea of what's going on with their casino.
This information is hard to know as we don't know the identities of the owners as well as they won't disclose their gambling activities in public.

I will agree with you on this point, that it is true that the owner of the gambling websites does not play that amount of gambling on his website, but they also primarily or occasionally for the user experience. Moreover, initially when a gambling website is launched, you have to gamble on your own website to see if all its systems are working properly. To be more detailed about this, many times the gambling website owner can't do it alone, so people hire people for website testing.

That is a great initiative of the owner just to be sure that everything went well. Not necessarily he will do it always as they could hire someone to perform daily checking of the site for possible bugs and errors. It was part of the operation and even the owner will play, it doesn't mean that for site checking, it can also be playing like a normal gambler does. In fact, the main role of the owner is to oversee the operation, and not the one who performs the task personally that is why there is a crew/staff hired designated for such a position and function based on their role.

CEOs of gambling companies betting. They run risky, lucky, and strategic businesses. So, do they partake? Perhaps it's more about understanding their business than gambling. Market risks, financial strategies, and managing large teams are all everyday gambles for the big fish in the gambling pond. Perhaps a casino floor is less exciting? They may stroll the floor, but they are more like guards than players. Smaller casino owners may have more time. Maybe they indulge, blending in, understanding their customers, games, and atmosphere. Market research is hands-on business, not just leisure. They breathe and live in their ecosystem, their livelihood. This deeper immersion may reveal a feel for the place and what drives the gamers better than facts. A different game, but as fascinating!

If a casino owner use his casino to bet or whether he bet outside his casino is the same thing. What matters is self control because the fear of not betting with his casino is not to over stake but he can also over stake in another casino so what matters is self control and not where an owner plays.

We should also remember that a casino owner is also human with feelings and emotions and so he is liable to make mistakes that gamblers do not necessarily in his casino. So he is at liberty of choice if he so chooses to bet, he is not barred from gambling in his casino excepted he may be tempted not to be professional and responsible to his betting.

It is wrong for the owner of the casino platform that he cannot gamble. Casino platform owners play gambling and they can use their own platform for gambling. In this case, there is no binding rule that they cannot participate in gambling by owning the casino platform. Humans are made of flesh and blood and have everything. If so then a common man and a casino company owner can certainly gamble. This is a very simple matter, just a little thought with your own conscience will give you the answer.

Yes, owners of betting companies do bet and they do so in their own bet company. You should know that it doesn't make a sense I own a business that provides a service and when am in need of using that services I had to go patronize outsiders, it doesn't speak well of me as an owner, what if I lose my bet playing outside? It then means am losing it a loss to me and to the benefit of my competitor in the business. But using mine to bet, win or loss it's still a win-win for me. Additionally, if customers get to have the knowledge of the fact that I left my own betting company to be using outsider's own, they can assume that maybe it because mine is with no  probably fair games and that why am ain't using it, and that can be negative impact for my business.

I don't see anything ethically wrong with a casino owner,  gambling on their own platform but what matters must at some point is wether or not he will be able to control or influence the result in his own favour most especially in the in house games where there is mechanism of house edge and if such be what becomes of the other players in his casino.

I think unless in sport betting that is the only game where there will be a probably fairness if you as a gambler is up against the owner, I am not saying it a sure thing for such abuse pf the platform to happen but let think of it in that direction also.

But in my opinion it is very unethical for casino owner to play in his own casino because it will be question of what his purpose is in playing in his casino because he can play in other casinos while trying to see how the development and services of other casinos which are also his business competitors.
If we are talking about making profit then he doesn't need to play in the casino he owns because just by running the casino he can make quite lot of profit.
Meanwhile, for reasons of having fun, it is also impossible because when gambling in place that he built, it is the same as playing with system that he himself, has created Is this worth it?
Moreover, winning or losing will not affect anything, what is left is less good view from all his customers if such an incident were discovered.

But why would something like that be done because he has team, he has employees who manage each game and of course everything is managed by the casino employees, not the owner.

If the owner somehow "fixes" the game in his favor, it will be obvious fraud since it will be at the expense of other players. I don’t think that an adequate owner would do this since it could completely destroy his business. Plus, I don’t think that casino workers are so stupid that they would even try to do this at the owner’s request. This is illegal and if they do this they may be prosecuted.

According to business ethics, it's unethical for a business owner to tamper with his own business. Whether he has self control or not, the best option is to stay off completely from gambling in his casino.

Most cases I've seen where casino owners gamble in their own casinos, didn't turn out well at all. That's because it's harder to have self control when you're in a casino where you're the boss, ain't no one to tell you when to stop.

That factor  is valid especially if you don't know how to control yourself,  no one can limit you as you are the boss of your company,  instead of making money chances that you may lose a lot of that control will not take place.  Better to keep yourself away and not to involve yourself,  business as it is and not a part of  your leisure in life, it will be best to succeed as its really important to make sure that you have that dominance with the business that you establish .

I won't even know how a casino owner could fix a sport event in order for them to get all the money, by the way, because the results of those sports matches and events are pretty much wideky known and cannot be messed with. On the other hand, if we talk about gambling/casino games where the result of each session is not of Public knowledge but only known by the casino and each individual user, then there is a possibility the owner of a shady casino would feel tempted to lean the odds and the chances in favor of the house and break the fairness of the game.
That is one of the reason I believe anyone looking for a seamless experience should go with big reputable casinos which offer provably fairness in their games, once one have managed to gain so experience, it would be okey to experiment in smaller and less known platforms with a limited deposit, just in case.

Most of these gambling platforms are online and that's why their results can never be manipulated by anyone and since no one decides the results of these casinos, I think everyone including owners of the casinos company are eligible to freely gamble as much as the want to without any form of restriction. So betting by sports betting owners is preferential and I don't think there's a law that forbids them from betting.
However, if the result of bets placed on a particular betting platform can be influenced by the owner, the it's absolutely fraudulent for the for the owner of the betting company to place bets in the same company as he's very likely to influence winning in his own personal bets but in the absence of been able to influence the results of bets, then I don't find anything bad for betting company owners to place bets on their respective betting companies.

Investment in a company is a gamble, people seem to think risks and gambles on unknown outcomes only exists within defined games and retailed bets.   Risk is normal and gambles occur every day in life is true as can be.     I think any owner of a major firm is well acquainted with gambling and risk reward but whether they are interested in their own companies products is not a given, most people like to sports bet occasionally even if its not their every day thing so surely everyone bets if they can.   I'd only consider regulation and rules about gambling could exist possibly, I know some professions they literally exclude you from betting usually this is related to finance regulations.

Nah they can't do that and in order to make that happen they need to spend a lot of money before a certain team on professional league would agree to that. But most likely its not really happening that's why maybe those owners will not waste their time to gamble on regular days since they just want to make their money to be used on improvements of their casino or rather to use it on promotion so that they can gather a lot of profit in return.

But in exciting big events which the sports they like is in play offs run or in finals maybe its different story since gambler is still a gambler and maybe they will spend some amount of their wealth to test out their luck and extend more their excitement watching their favorite team to play.

There is no need to correct anything in the sporting event itself, it is enough to “work” with the odds. For example, with live betting, allow the owner to place bets a couple of seconds faster than the quotes for everyone else are updated. For example, in tennis, this will give you a huge advantage, since the quotes there change significantly after each serve you win. Thus, the one who may be a little faster than the rest will hedge against them and receive a guaranteed profit. I think you can come up with a lot of tricks and secret passages in this area.
But as I wrote above, this is an absolutely pointless idea, since even if you win a little, you risk that your entire business will be destroyed if other people find out about it. And they will find out 100% because to implement such tricks you will have to involve the technical specialists of your casino in this matter, and as the proverb says, “if more than two people know about something, then everyone knows about it.”

Why wrong? Isn't it a good thing actually? Because, it prevents them to become addicted and lose everything they have, ( if not some, or most of their profits ). But, I think all casino owners do have an experience in playing gambling. It is an advantage and this is what they like or, this is where their passion is, resulting for them to came up with such business.

If in case their urge kicks in, it's best if they can only play within their own platform. This is the same as playing for fun because it was still their own money after all, is the one that they will be getting, in case they are winning. And if they lose, there is no harm, because the money will still go on their own wallet.

Your case brings up an interesting point, but it wobbles dangerously close to ethical business practices and responsible gambling. I think you're suggesting that casino owners play in their businesses as a safe way to relax and avoid becoming addicted. It seems like this could go badly, though. Imagine this: a casino owner who loves gambling decides to only play at their own business. At first, it seems harmless - they are probably just using their own money. Eventually, though, this behavior turns into a fake problem. Wins and losses are treated as internal transactions that have no effect on the real world. Doesnt this disconnect from reality make it easier to develop bad gaming habits?


This idea of "harmless" internal play also ignores what gambling is all about: the thrill of risk and return with real stakes. Shouldn't they be against the spirit of gaming by using their business as a personal playground? A thin line exists between personal indulgence and work ethics in this story. Its a reminder that carefully balancing personal wants with the duties of running a gambling establishment is important, even when following a hobby.

I can see your point, however when it comes to lotteries and other similar gambling games it is stated very clearly that anyone which is part of that business or their family cannot participate on it, and if they do they will not be paid the prize they could have received.

This is done as a way to avoid those employees to manipulate the results on their favor, and since the owner of a casino is in a position similar to that, it should be better for them to not do this, as a way to avoid the temptation of manipulating the results on their favor as well.

How are you sure that the family of the casino do not participate in the lottery? Sometimes i  think that even if they do not participate the lottery is always given to some near and dear ones, it is hardly a fair lottery. This becomes even more true when we consider the manual lottery, where there is no check and balance.

Also sometimes these lotteries scam us by collecting the minimal amount of money to participate in the lottery but when it comes to the time of results, they give it to some dummy numbers (people) and since we do not have visibility on how they calculated the winner's among the participants, we can only settle and tell ourself that we were unlucky on another lottery.

Well, the rules have been written already just people think that there is no manipulation of winnings. But who knows, in fact, the jackpot winner can't be revealed in front until he/she shown up and shows the winning ticket, and no one will identify the identity of the winner if he/she is relative to any members or workers of the casino. With the huge number of gamblers, I don't someone has been tasked to do that, it is just a waste of time. Of course, no one will be able to accept that they are relatives, even if you have the same family name.

There are laws against doing things as this and if they're caught after still doing it they'll be punished. Footballers or very close family members aren't allowed to gamble in games that involves his team as they can make their family members to win therefore casino owners or close relatives who won big money from lottery or casino games will be investigated and if found guilty of cheating will be punished. If you're a casino owner and want to game, you need  to make sure the games is fair and you're not cheating.

You can also go to other casino and gamble instead of using your own so you don't spoil the reputation of your casino too as when the news if your big wins spread, many individuals will think you cheated even though you didn't therefore to avoid all those rumours, it's better for use a casino that you're not linked to, to gamble and enjoy your games. Your family members should also use other casion that isn't yours to avoid same things happening if they were to win.

With so many names that will reflect I don't know if they will waste their time to investigate but if there's rumors maybe they will, we can't conclude whatever is happening around, just to be plain and simple, we are discussing about money and everything is possible if there's money involve so we can't say that this is not happening.

There's  a big chance that it's really happening either the owner itself or part of his relatives of people who he knew that may win the prize jackpot without any trace.

Thats some logic there but my only confusion is how is it that the person that's win can be proven otherwise if he or she decides to fake a false identity after the whole manipulation has been done. Am not saying that these things happen but just pointing out that it can be easily manipulated even with that rule that is placed there.

I think in my own opinion that it is generally unethical for the owners of betting platforms to directly use their platforms to bet because there would be likely a conflict of interest which can also raise other people's eyebrows to the questions of Fairplay or the integrity of the platform.

Every gamblers interest is to win a game and the owner of the betting platform is not an exemption, so if that is the case, he may like to do everything possible to make a win which can make him to in a way manipulate the system to his own favour thereby compromising the system processes and results.

I heard and also aware that plenty of standard and top betting companies have their codes of conduct and internal policies that vehemently discourage and disallow the owners of the platforms to participate in their own respective betting platforms. And I think that's the best. I don't think there's any international or all-round policy that stipulate that out there.

It's possible if he plays along, it's fine after all. He created a casino company because he understands how to play.
Besides, why is he playing, because his casino company is already making a profit? Possibly playing just for fun.
The analogy is the same as a director who takes part in a film, he does it because he is happy and passionate about it.
Unless you have lost a lot of money there, maybe you feel you have been cheated by the owner who is playing.

The family members of the owner may participate in the gambling site,but the owner to the gambling site will be merely not possible one.May be at the beginning to check the game performance and developer work,the owner may play some game in the gambling site.But the owner never play to make some money from the gambling site.If the dear one of the owner take part in the lottery some gambling site may operate in the partial way.I hadn’t say all the gambling site was partial to their participant,but still some gambling site was partial in nature.The gambling owner should be neutral even if his own brother take part in the lottery for long lasting in the gambling market.

That sentiment can be true and we really don't know what will be the truth behind as the owner have their rigth to play if they wanted to test the system that they bought or they ae paying for, and aside from testing their own platform they also have that side where as  human they can also try to play to be entertain.

You are right, unless you already lost a lot of money so thinking about bias outcome or manipulated outcome can show up when you know that the owner is playing using their own casino.

Obviously I am not going to take the time to verify this personally, however every country has some sort of institution which was created with the purpose of verifying that any kind of casino game or related contests are fair and follow proper procedure.

So verifying that those which have won big prizes on the lottery are not family members of the owners or the employees should be very easy to do, since one of the most basic functions of any government is to keep track of their population through birth certificates, which state very clearly the filial relationship between their citizens, so a quick database check should suffice.

But when we really observe in detail we will find the answer that there is no reason that can be known for certain as to whether casino owner plays or bets in his own casino.
Let think carefully, the casino owner must have lot of experience and knowledge in the gambling industry, including how every existing casino works or develops, even his own.
If it for fun, of course he has lot of experience and also business partners so he would prefer to play directly at the table with his colleagues instead of playing on the site he owns.
If the reason is to test their own platform then that is not necessary because the progress can be seen from how enthusiastic each customer is, even each casino has system for handling or running the casino well and the casino owner can find out from there.
There is an uncertainty that is really difficult to predict so some people might have bad thoughts when they find out that casino owner is playing or betting in his own casino.
Moreover, there is lot of thinking like this among gamblers and many people think excessively as you have said.

I don't sure yet the owner casino platform pace bet on their own platform, its the same in my country with the owner of cigarettes they are not smoker. I don't think any conflict interested between difference platform casino and they have the teams with advertising their casino platform without put the owner as position for advertising when playin casino.
Personally the owner of casino platform not interested for betting in his platform casino but looking for advertising way how to make their casino more popular than other casino platform side, they don't have time for enjoying bet moment but they want race with how to earn much profitable with affective advertising and get many new user or consistent old user huge amount deposit.

This is true, if I own a casino I won't be betting on my casino too. Many individuals that own businesses don't use their services. If you focus more on  enjoying your business you won't have time to concentrate on making the business a success. Also the owners of the casino can get tempted and they manipulate the games to be in their favour. It's better to avoid gambling on your casino if you want to gamble as the owner of casinos either bring online or physical.

Successful business owners don't have time to be enjoying their business, they're too busy going to meetings, signing partnership and sponsorship deals to make their businesses successful. There'll be alot of money coming from the casino that there won't be a need to look for more money from gambling instead they'll be thinking of expanding their casino business into other areas to get more exposure.

First off, the comparison with cigarette owners not smoking? It's completely different. In the casino business, it's not about personal indulgence in betting; it's about cold, hard strategy. These owners are chess masters, not amateurs. Their focus? Focused on profits and dominance. They're there to win business, not gamble.

Advertising, now. Not just getting the word out - it's a contest of wits and resources. Our marketing methods are carefully designed to attract new and loyal consumers. Both art and science. These casino magnates? They don't relax—they're actively planning to make their gaming platform the best. It's a race to the top, where every ad, promotion, and feature is calculated. They're not just running a casino; they're seeking market supremacy.

We will never know the truth because we don't know who owns that casino. Many possibilities can happen where the casino owner can place bets secretly or use a new account that only a few people know about. Yes, there is no conflict between their casino platform and the casino they own. Maybe they just want to experience gambling on their own casino platform to find out whether everything is running smoothly or if something needs fixing or improving.

And even though they gamble on other casino platforms, they may want to know about their competitors so they can come up with ideas to improve the development of their casino. Smart casino owners must consider the steps to develop their casinos to be even better.

I think we make speculative depend with owner passion although they have gambling platform will not waste all their time with betting own their site, to know about competitor platform seems they will try with other platform gambling and looking offer feature but I don't think with all owner want spent their time get test on other platform gambling site. They have teams and not working by the owner, test with other gambling platform did by their teams and the owner just guide only which one competitor gambling platform have good feature and make many gambler interest it.
Less with new casino launching right now and the owner of gambling platform not necessary to bet on new casino site because the casino competitor not make old casino platform drop with their user.

Owners playing is most likely for fun because they definitely get money wether they loose or they win after all, the whole profit made from the casino is most likely theirs so they really don't have anything to loose playing so they even get the most fun playing so it's very possible owners of casino play in their own casino.

Some casino owner do have the passion like you rightly stated, some time he may not be better or good enough at gambling but then understanding the business is enough for them to establish a casino where they make profits while others play the game, passion can be  a very valid reason why a casino owner will still like to play regardless of him owning the casino after all there are no restrictions stopping him from playing games in his own casino. In clear terms regardless of how much you have lost it's definitely not because you were playing with the owner of the casino but because he understands the game better just maybe.

Absolutely they can use their own site to have fun as we all know that weather he win or loss then there's nothing to loss with him cause he is the owner of the site which is his loss Money will recover the income of his sites. So for sure if the owner want a hard time for fun then he can call dime friends and use his sites for gamble. And also even us if we are the owner of a gambling sites then for sure we will prefer to use ours than other gambling sites.

These owners do bet but I don't think they will do it on their platform. I found that illogical to milk their own company.

Instead, they will do the betting on other platforms. It doesn't matter if their money will go to their competitor if ever they lose since in the first place, they gambled for it and understand the risks. But as far as I know, these owners are so busy managing their respective gambling site/s that they have no time to bet just like a regular bettor. Maybe on big events, they are active but as a regular sports bettor, I doubt. Most of them might also have other businesses aside from gambling sites.

But I understand what you are trying to say about that policy. I think gambling platforms have different policy compare to other companies on a different industries where owners, employers or staff are not allowed to participate in a certain promotion and events.

The casino owners are mostly bettors. They have virtually unlimited credit, can write off debts if necessary, know the strengths and weaknesses of the various games of their casino, and the croupier will do everything possible to win the owner (who wants to be fired?).

Yes, but they'll be doing so in the full knowledge that it is only a bit of fun and they're going to be throwing away absolutely tiny amounts of their wealth. People tend not to become successful gambling company owners by falling for the same traps as their customers, but they certainly get mega rich off them. Successful business owners of any kind tend to be entrepreneurs that are aware that they need to keep control of inputs and outgoings if they want to make a profit. They'll apply the same logic to their own finances along with good discipline, not the kind of people to fritter away money on an addiction, which is why they are only ever doing it for a bit of entertainment among many activities in their lives.

For sure they do,  most of the casino owners are even active in their live streaming and you can see how active they are on the games so that being said it goes along to answer your question of if casino owners also gamble on their own casino.

Many times,  some people believe that casino operators control the outcome of games,  but in reality, we must know that casinos are systems that are being run and at some point, it becomes clear that even the casino owner will be treated as a customer and not an insider he has to work to win the games and besides he can also lose too.

OP, I want you to understand that there is no restriction that prevent the owners of bet company to bet, not if there is terms and conditions isn't he bet company owners that put it, so how will someone restrict him or herself in their own firm that's not possible and you know it, before anyone think of establishing a bet firm he or she will either be a better or someone that has interest in betting, so op bet company owners bet too it must.not be in their own platform, gambling is luck, we never can tell who's look will shine, this is what we have to consider before asking this question, but I think your major reason for this question is because you wanted to know, but now you know.

In that sense, casino games are programmed and after acquiring that service even the casino owners serves as end-user meaning that they are also client who will use the service and unless the programmer have that code and willing to breach it out to the buyer which is not a common practice as they are protecting the system, then it can be rigged out but if the casino is legit and they are protecting the business, the owner will not do things like that to ruin his business, he will just play as ordinary player like how the other users deal with luck and few are using knowledge that they acquire from their experienced.

As far as I know, most betting companies have policies that prohibit their owners from betting on their premises. And they do this to avoid conflicts of interest and maintain transparency and fairness in gambling. Because it is possible that When betting company owners make bets, this can create a situation where their decisions as owners can be influenced by their own bets, which can affect the integrity of the game.

However, these regulations and policies may differ between different betting companies. Some may have stricter rules about prohibiting owners from betting, while others may have more flexible guidelines. However, in general the principle is to prevent conflicts of interest and maintain the integrity of gambling.

Only casino owners can truly give correct answers to the questions you asked, but then, what I do think is that, first, there is no policy anywhere that I know of, that prevents casino owners from betting or gambling on whether their own casino or other casinos.
But the only thing I see here is that, a casino owner who is playing or betting on his or her casino can't really be seen or considered as gambling, and this is because, he or she stands a chance of not losing anything at all, since the money he or she played with and lost is still returning back to his or her pocket, so as such, gambling won't be as fun and exciting for the casino owners exactly the same way it will be for a normal gambler.

So, in the nutshell, no policy restricts a casino owner from gambling, but If I was a casino owner, I possibly won't find gambling that appealing to me, simply because of some obvious reasons, which one of them is that, I will never lose or win, because, if I gamble and lost, the lost money still is my money, and if I gamble and won, if I decide to be paid the winning, it will still come from my money, so what exactly is the essence of me gambling when I can't genuinely feel the excitement that comes with winning or the regrets that comes with losing?.

If the casino dealer is watching over all the operations happening in the casino, he would restrict anybody from cheating the system. Including the owner? not sure, the only confusing thing right now is the relationship between the casino and the game providers. Don't know if the casino would be able to manipulate results from a game provider's server. As these two parties are different and have some restrictions. There are some things a casino can't do with a gaming provider. Take for instance a game provider that can restrict people in a specific location from playing their game, while the casino allows for anybody to use the casino. But, when it comes to that specific game provider the player has no right to participate in such game, except with a VPN. The provably fair system has to do with the casino, not the gaming provider, this is where I don't understand what happens, in terms of the results we get from a casino.

According to research, the casino controls the results, but the provably fair system would still be there to make sure that the house edge allows players some time to win. Hence, it's quite complicated to know the kind of treatment the casino boss or owner would be getting in terms of results. Another common example would be the streamers, we have rumors floating around the gambling niche that streamers get favor from the casino to win more than the players who join the casino to wager games. I think the casino boss would have to decide what happens or for some reason won't derive joy from using his casino. Maybe he'll be interested in other types of games or participate in a higher level of gambling, with top gamblers or fellow casino owners. I always have this feeling that they'll be focused on buying games and helping the bookmaker with football odds to place on some specific teams to maximize profits.

Casino owners may be betting but we still won't know if they are gambling. And if they gamble on other platforms, they want to find out what features the casino doesn't have so that interesting ideas that can give a new touch to the casino will emerge later. Of course, the owner can give his team direction to provide something different from other platforms that can attract more people. If they gamble at a new casino, the new casino owner will not know about it either and that is an advantage for the old casino owner because they can see what is inside the gambling account of each gambler at the new casino.

Once existing casino owners know what the new casino site is all about, they can think about what things they need to add to their casino to attract the attention of other gamblers. This will be a competition between casinos, so if each casino can provide something interesting, the casino will have many users who will always come to the casino.

Hilarious. ;D Yeah, that will be the case if they want to play.
Also, I think it won't be fun. It's like playing popular board games like Monopoly because they won't really feel they are winning because all profits will just go back to their business. If he loses, he just gets more money from the business and plays again. It's a never-ending game like they are playing house.

Now there could be a difference if those owners gamble at a different gambling site because that money will go back to them. But, whose businessman is foolish enough to do that? They are doing it to make profits and not to waste more. They'd rather just sit and enjoy all the money coming in than spend it knowing that gambling is a game of losing and not winning. Also, they know how the system works and it will be unwise to go against it.

 I don't think most of the sites have any terms that forbids the owner from placing a bet and in most of the cases it don't even matter.
Many of the games and sports betting results would be unknown for the owner themselves. So, they are equal to normal players there.
The cases in which the owner knows the outcome beforehand, there still won't be a problem if the site provides the entire bankroll on its own as the owner would be gambling against himself.
On the rare case of owner being able to see the outcome beforehand and users have ability to provide the bankroll, there's nothing that could prevent the owner from cheating the bankroll investors. Anyone providing the bankroll should have complete faith on the moral responsibility of the owner.

Why not if they really want to? And I personally have not come across any information where it is stated that casino owners are restricted to from playing either on thier own casinos or on casinos belonging to other people.

Ordinarily though, like I said earlier, I see no reason why casinos owners can play on their casinos if they really want to, but on the other, of what use is it actually? Being a casino owner and playing on my casino simply means that, I will never lose, like a user said here already, money I presumably lost while playing on my casino is not really a loss, since the money will still come back into my pocket, and if I win? Still changes nothing since it's still my money I will use to pay myself, so, what exactly should be the reason or motivation that should drive a casino owner to play on his or Her casino?

I see that point and it is possible that casino owners can deal it with the provider, just with how we are seeing those streamers who manage to win just for the sake of advertisement and to attract gamers to use the platform, I'm not sure about the set up and if it's really for real I guess it wrecked the purpose of fair gaming.

Though, maybe there's internal setup with this kind of situation and depends from how both the owner and providers negotiation about this adjustment from the gaming system.

This is a good topic, well we are not sure but probably however if you have a blooming business like gambling I don't think you want to involve yourself there and probably you'll be doing other things. Most of them are business man and there's a probability that they have background in gambling as they have chosen this industry, so yeah I think they do bet or they have experience betting before.

Owners must always outwit our rivals. Your point regarding casino owners gambling abroad is precise. The objective is reconnaissance, not fun. Understanding the competition, their strategy, and offerings is key. They are there, eyes wide open, noticing every element casinos lack. Gold intelligence; not imitating, but innovating on what they provide. They are clever strategists, constantly two moves ahead, not just players.

The implementation step follows. Once we've identified our setup gaps, we can act. They do more than add feature - they might change the game. Only the most aggressive survive in this ruthless environment. They are not only luring gamblers; They are establishing a loyal community that sees our casino as an experience and adventure. A never-ending battle of minds for perfection. They must continually be hungry and fierce, hunting for the next great item to keep us on top of the food chain.

They actually do bet and they have experience as well because how they would come up to this idea without any having experience about gambling, right? In fact, they prefer to play at other gambling place and websites because there are reasons, possible they observe the place and the whole concept of the gambling site, or maybe they are looking what is the difference  about that gambling place compared to his own business, typical thing when it comes to business competition.

I don't know if there are any laws of specific gambling platform owners. But naturally the question that arises is why they are gambling? I don't think they have any motive for gambling as they are getting passive income from gambling platform. They are businessman, not gamblers. A gambler usually gambles for the sake of more money but those who are traders plan to increase their money not by gambling but by growing their business. If you think like a gambler then gambling is possible by them but if you think like a businessman then there is no scope to think like a gambler. I think there is no problem if someone is gambling.

Anyone has the right to vacation the way they want, even if they are a casino owner. And he will not always insist on being played along. A person just wants to experience emotions and get a charge of andrenaline. And who can prohibit the owner of the casino to play in his own casino?

Some casino owners like to gamble on their own betting sites to test their functionality. Others may visit other casinos to get ideas on what they can implement in their own establishment. There are many possible reasons why company owners may choose to bet. Being a business owner doesn't mean you can't try your own product/services. In fact, you should be the first one to try it before you can market it and become profitable with it. Unless you're a company owner who doesn't care about the result of your own product/services.

Some of the casino's owners are motivated to build the casino from their involvement in gambling and many of them are still gamblers in their own casinos but as a client and a customer treated the same as every other customer and for sure we have not seen any case which a casino CEO have been accused of a manipulation of the system which shows that it is impossible for that to happen anyways unless the casino is purely a scam one that the only time its template can be manipulated to that level.

I do not think that it is necessary for an owner of a gambling company who takes people's money to begin gamble again. They make the bigger money by being the owners, so why would they want to waste their monies again. Incase of the purpose of having fun, they can bet on their platforms. Mind, when they are betting, they aren't doing so as the owners but as a gambler because on the front screen, they cannot determine what happens behind untill they are there.
But if you say I should take a same opinion or my personal opinion, I would say that majority of casino owners do not even gamble anymore. They might be gambling before owning the casino but might eventually stop gambling when they start making monies from people.

They have a lot of money but I won't say that they're unlimited but to the point that it seems unlimited because of how huge they are. But it's true that they're also once a gambler and we don't know how often they still gamble nowadays.

Because if they're now a businessmen a running a casino, it's possible that while they run the casino, they're also making some short bets of course in support of their business.

And as a hobby and wherever they've been with before, they're doing their own thing as well such as private bets.

I'm sure it doesn't. although some do. but some of the owners I met were just having fun in their casino or counting the income they got from their casino. I'm sure this will also make the casino not trusted by the community if he bets at his own casino. it will certainly make many people think he has a special right to win, which is why some owners prefer not to gamble on his own company. But there are also those who still bet with the caveat that their identity must be hidden. I think this person definitely wants big profits as an owner and even gambles on his own company.

By scouting other casinos, owners can strategize how their casinos can develop better than rival casinos. This often happens in the business world, where competition between business owners and others will be very tight because each business owner wants to develop their business even more. We also need to learn the truth and can only guess, especially since we don't know the motives of business owners who gamble at rival casinos.

Once the casino owner knows what needs to be prepared, he will immediately formulate a plan to carry out that plan. They don't need to wait long to know what to do because they are experienced in identifying problems and finding solutions. Maybe adding other features that can make gamblers play gambling longer in the casino can be done because the longer the gamblers are in the casino, the more likely the gamblers will spend more money gambling. Casino owners will look for other ideas to grow their casinos even bigger and it is only a matter of time until their casinos can increase their income.

I'm sure they do and they probably but given that they're a businessmen, I don't think they have the time to think about betting or even analyzing the right teams to pick and players to bet upon. Not to mention that it's also a big eyebrow raise if they're betting right? Because some might think that he's got an insider information on who's going to win anf it's going to be a scandal even if that owner is innocent.

I don't think that's the case.

https://www.quora.com/Are-there-are-any-rules-that-state-that-the-owner-of-a-casino-cannot-use-his-her-personal-money-to-gamble-and-make-money

The rules are probably a little bit different in other countries but more or less they are the same.

However, when there is a will there is a way... The law can't completely protect everybody from evil people. They may use their friends, relatives etc to make these bets and as long as they keep it low amounts, nobody will notice.

They knew what they have built, they will never try to gamble knowing that they can't beat the machine they have created, that's even if they want to gamble, people like them will prefer to choose games that they can play with fellow human being like them.

The question is how many of them have you seen that are gambling? Because I have not seen such people gambling before, even if they are fans of gambling they will rather do it in private, out of the public areas or inside their homes.

Also people like them will only gamble for fun, there is no need to risk money, such people will enjoy gambling more than those who really want to make money from gambling.

That's right gambling company owners already have so much money they will never spend their time gambling. If there was no money he would never have owned a casino even though they earn a lot of money from the casino and play for fun it doesn't affect them so they can bet to pass the time. The casino owner's job is to oversee everything in the casino someone breaks the rules of the casino and solves the problem by verifying them properly. Casino owners are not accustomed to gambling.

What is the need for them to get when they are actually the real owner of the company? However I can say no but if you really think that most of them still bet on their betting company, maybe you are so wrong.
If really they gamble, and at last they win, who will pay them? That's the question you are supposed to think first before asking if they gamble or not.
As you may know. They already have the money and there is no need for them to gamble, even if they are looking for where to have fun, they should try something else and not gamble on their own betting company, but only an agent can gamble because he or she is working for someone and not he's or her own company.
If a betting agent gambled and win, the real betting company that the agent is working for will pay the agent and that's how it is done.

I have a friend who worked for years in a casino and I can assure you that the owners didn't even show up. Besides the fact that the workers were forbidden to gamble in the casino even on their days off, but I am not sure if there was any regulatory or legal limitation regarding the owner. Anyway, I can understand that at some point a casino owner might gamble in the casino to see how it is working or something like that, but gambling on a regular basis makes no sense. It's like playing solitaire by betting money against yourself.

I believe they still bet at their company, they already have enough experience in gambling, so why would they play at another casino? Their company, whatever they want to do, looks less than ethical, but they can do whatever they want, besides it will benefit their own casinos instead of promoting top users.

I think most of them do not place bets, because this can lead to the destruction of the business if you get too carried away with it. The owners know perfectly well how their business works, and if it is a profitable business, then why all this? They can also place bets and show how they play or test new games. I have been following one public gambler for a long time; he lost huge sums, but at some point he decided to open his own casino. Now he has moved to live in Portugal and is buying himself expensive cars. Despite this, he continues to place bets, because his business allows him to do this and he is very happy with his life. Still, there are very few public casino owners and we cannot know complete statistics on their bets, but it would be very interesting to take a look at this.

That's exactly the point, if someone is used to gambling and places bets regularly before owning his own company, than he will probably keep doing it. There is a difference between money we earn through our work and how are we going to spend it. Just because someone owns a casino doesn't mean he doesn't have things a likes to do for fun. The advantage is also that the owners know exactly where there money is going and even if you lose your bet, you will end up with higher profits in the company. Tax wise it doesn't make sense to use taxed personal money to gamble with, because we would have to tax it again if we take money out of the company. But if you had to choose to bet at your own website or at the competition, I think most people would prefer their own.

The casino site owner manages his site according to his own plan so of course after his developer site maintenance the site owner himself gambles to verify that his site is fine and everything is running according to his own plan. But they don't gamble on their site as an addiction. Gambling is a fun place so it is natural that a site owner would like to enjoy his free time and gamble on his own site to avoid financial loss.

Conflict of interest in his own company? Unethical? Not at all. He owns the damn company, if he wants to gamble too, he will gamble. It’s a service they are offering. Is it a crime if he uses his own service? Uber owners shouldn’t book an Uber ride? It’s his choice. But think of it, Uber owners definitely have their cars, so technically, the owner of the gambling company would most likely have so much money that he doesn’t need to risk anything to earn more money. Just sit all day and make more money. Haha.

I think the owner would prefer to play in his establishment or on an online site. I’m wondering how he chooses the slots to play, whether he’s hunting for the jackpot or playing only because of the theme of the slot. Oh yes, it just occurred to me that probably some gambling sites should definitely have a condition that prohibits employees and owners from playing. If the owner won the jackpot, it would look very strange and could undermine the credibility of this casino. And it is very difficult to earn trust and authority when there is a huge selection of different sites for playing around. If I were the owner of a casino, for this reason I would not play slots with a large jackpot, but only with small ones, where the chance of winning is greater.

It might be in the ethics of gambling that the owners and workers don't gamble, I wouldn't know the reason why, but I'm guessing that they know the implications of being addicted in gambling, perhaps they'd rather have their customers do the gamble and be addicted while they can be more focused on collecting the money. I have a friend that worked in a sports bet company, he told me that as workers that they're not permitted to bet, I asked him why and he replied that it's the instruction that they're given. He also told me that if they want to bet, that they do so through a second party, so I concluded that bet and casino companies knows that loses are greater than winnings and they don't want themselves or their employees to be distracted, in the case of loses that'll affect their work.

Logically speaking, if the owner of a gambling company makes money on a gambling platform that he created himself, of course this is impossible, because he knows what gambling is and he will definitely make money, but if the owner gambles to look for fun or try out the platform that he owns, that is This is normal and there will be no problems that will occur, there will be no internal problems, unless he uses the back keys that he knows in his platform and uses them to gain double benefits.

But who knows, since some casinos do not require self-certification to play, it might happen. I agree with you that the owner not using his own platform is not a problem and as far as I know it is not a rule that the owner does not use it.

In gambling it's really difficult to see the owner of the gambling site, company, business owners gambles because they didn't sees it as the best way of making money, they prefer owning it, because that's where the money is.
They are already aware that the possibility of winning is like 95% to 5%, unless they just want to try their luck, and they do it with just a few bucks.

When someone owns their own business in the field of gambling, they also see some of the bad aspects of this product, but of course, they will overthrow these arguments and stand on the interests they want. And on the other hand, they will not abuse these products like users because it is no coincidence that this industry is known to everyone as a trend to make quick money, abuse only amplifies the benefits for others. Casino business owners are not omnipotent, they can easily be swallowed by others when they make basic mistakes with this product.

Having your own casino business is more profitable for casino owners because they can make a lot of money. We know that this gambling business is a big business that can provide big profits for the owner. A casino worker is not allowed to gamble at the casino where he works. But maybe that is an exception for the casino owner, especially if it is an online casino because the owner can create a new account for himself to gamble so that no one knows that he is also gambling at his own casino.

And there is a possibility that casino owners will visit other casinos to gamble. This will be even easier if it is an online casino because the casino owner can gamble at any online casino without anyone knowing that he is a casino owner. But if it was an offline casino, there's a chance some workers from other casinos would recognize him.

Yeah, they do but it is always in rare case for someone to see a casino owner partaking in their own gambling company. They one's that those, always do it in secret with their cartel friends not openly when they are seen, or even better, they move to a different casino where they are not known by anyone.

It seems to me that big business owners, which I include casinos, can get dopamine even without gambling. When you see your bank account balance increasing on your monitor screen every day, you hardly need this kind of entertainment. You are constantly in an elevated and euphoric mood. I think such people have more pleasant options for spending their leisure time. Such people know the value of money and use its value as much as possible.

We need to know why we bet or why people bet and the main reason is that people want to win the bet and gain money.
The gambling casino onwers are rich already and they do not need to bet in order to win and earn money. They are already earning good through the betting site, they do not need to go to another site and bet.

Betting is risky and not as profitable as being a bookie or owning a gambling casino site. In my point of view, the betting site onwers may not gamble themselves but provide the services.

Being rich is not a good reason for owner to don’t gamble or not use other casino. They enter the casino business industry because they love gambling which means they are playing too. Most of the time people want to have a change of atmosphere that’s why they try other competitors casino to scout or have different ambiance on game because playing on your own casino doesn’t really feel like gambling because you own the casino bankroll too.

I really believe that owners play gambling during their free time including visiting other casino.

I think casino owners visit other casinos just to see the different innovations and implement them in their casino. In fact, there is no other point in visiting other casinos, because the set of products offered does not differ much from one casino to another

Does McDonalds owner eat in McDonalds? Sounds like this question but gambling is a little different business. I am not 100% sure but I assume, owners of betting companies don't bet on their own platform because it can be against the interest of other investors and probably their internal company policy might prohibit them from doing this. By the way, I think we should keep in mind the country where casino is located. If it is in a corrupt country where crime is high and rich people want to feel like a gang bosses, then they might bet in their own company to look cool but in normal companies, that doesn't happen I assume.

Seriously, I haven't seen or heard any gambling site owner gambling. In my country, you won't even get to meet gambling site owners because gambling sites are always established with high capital, so only influential people are able to create gambling sites, so you won't get to see them easily. So even if they are gambling, then you won't really know about it, and if they are gambling, they will be doing it just to have fun, and they won't be gambling for the sake of money, because I know most of them will be gambling on their site, and nobody will even know about it.

Sure, you are right. Casino owners do visit other gambling sites just to see the latest updates on those sites so they can implement some of those futures on their own site, but they won't gamble with a huge amount of money, they might just deposit a small amount and be gambling with it just to compare other gambling sites with their own, but they won't be gambling just because they want to make money.

In your question there are many things you didn't understand maybe, the platform (Casino) and the sportbook are two different things, unless the casino owns a sportbook. So to answer this you nees just to imagine the owner as any other player that set a bet, the money goes to the sportbook first. If the bet was successful I believe both the casino and sportbook are both responsible to pay the player's winnings, the same thing when the bet is lost in this case both of them share the initial bet amount.
Now, imagine the owner of the platform now is betting on his own platform, similarly to what I mentioned above. Except that, in case the owner won the bet he will still lose half or a percentage (depends on how much the sportbook takes).

So, it's not a good idea for owners to bet on their platform. They can bet in orher platforms to receive the full winnings.

A fundamental question. What are they doing that for?:D
I think they know that the conditions that occur in the sites and gambling that they develop have a much greater loss ratio and apart from fun I think there is no reason for the owner to do that because in the end he must also realize that apart from wasting time, this is also not profitable for him so in this case when a gambling boss is gambling on their own site it just indicates that he is bored so he is doing something that is not useful for him.

They are businessmen and I don't think they have more free time just to gamble at their place unless there are some urgent matters such as wanting to try out the site they are developing or indeed just to fill boredom.

I also dobt believe that, casino owners will have that luxury of time to gamble, since the business would have kept them engaged, many time we think that since it their line of business, they will fine it easy win, but games analysis is something that have to involve alot of time on building the knowledge and information on various games and for that, casino owners may not be abke to sacrifice such time unless they dont run the casino themselves.
But if they do, having to combine gambling and operating a casino may lead to a serious mix up which could affect the overall satisfaction of the individual involved..

The op asked this question because he did not understand the power of ownership. Once you recognise the owner of something, it therefore means that the owner has the right to do whatever things he wishes to do with his possession. Asking if the owner of a casino can as well gamble in his casino. Whether or not it is ethical is just like asking if the owner of a grocery store has the right to purchase goods in his own store. The question doesn't correlate very well of course.

Where the importance should be placed is if the owner actually uses money to play or he gambles for free as the owner which we know too well will be very detrimental to the business.

Since they work together, you are right, they'll have a way of reaching to an agreement that allows the casino some authority over the results of the game. Atleast to keep the casino from going bankrupt. Running a casino is quite risky, hence if the casino is not in control of the results, players may be winning too many times and running down the funds of the casino. These things happen behind the scenes but still leave the authenticity of provably fair, questioned. Casino promises with the use of provably fair features, the gambler has a transparent result and doesn't have any reason to bother about manipulated results. And the rumors of the streamers have been too real recently, as those wins are becoming more often than any average gambler may have experienced. As for the CEO on second thought, he may not be given any much privilege to receiving a made-up result.

The business is his, so no need for that, I just thought about it from this perspective. A bookseller doesn't need to pay to read his books. But if he's in a book shop he'll buy those books. If the casino owner is playing using his account he can fund his account the same way he does for the streamers. But, if he's playing using a different account to enjoy the fun of gambling, he'll pay to gamble. Because if he's seeing more manipulated results, the owner won't be able to enjoy the fun of gambling. The money he wins still goes back to him as the owner of the casino. So, gambling wouldn't freak such men anymore. That's why in my response, I said that they engage in other activities meant for casino owners. Additionally, they'll be very busy managing the business, handling complaints, and maintaining the authenticity of the casino. Even if they gamble, it won't be on a regular base.

Maybe what you say is true, the casino owner seems to have stopped gambling or stopped gambling because he has pocket a lot of profits from his users, so even though he gambles, in my opinion, the winnings or losses are his own because the gambling is his, but there are also owner who participate. carry out gambling to encourage users that they are also taking part in gambling so that user will also become more enthusiastic if they see the casino owner also doing the same activity.

However, even though the casino owner gambles, they may consider it just for fun, they don't really consider winnings or losing to themselves because the casino belongs to them and the money will go back into their pocket, even though it sound like a waste of times, this doesn't matter if the owner continue to gamble, after all, the winnings can be achieved in manipulation, for example, if the casino owner plays bets with the user, the owner may already know the result and that can make more profits by gambling as the owner.

I think I’ve also read about similar puzzle about allowing casino owners gamble on their casinos and I think it is not totally legally permitted for a casino owner to gamble for some severe gambling reasons and just like the cases with players and boxers not betting on their matches, I think same thing also applies to cases like this and I personally don’t think it is right for a casino owner to even gamble for the first place not to even talk of gambling in their casinos

I think there are several reasons why a casino owner might visit other casinos and you already stated one already and aside that I think they might also want to get to see and compare things themselves not because they don’t trust their team but they want to be certain and try to do everything to stay relevant

Those who see additional money entering their bank account will make it fun entertainment because they see more money entering their account. Yes, they don't need any other entertainment, and they may not even be interested in gambling. That could be what rich people experience who only look at the monitor screen to check how much money has entered their account. But there are also business owners who need other entertainment by gambling at their casinos or at other casinos, as well as meeting their customers or guests so they can interact directly. This will create an emotional connection between the casino owner and his customers, and this can make the customers feel cared for by the casino owner.

They may visit other casinos to meet with their owners and arrange cooperation agreements in other business areas. A casino owner can do a lot by visiting other casinos, especially when he sees something that can provide him with another source of income. A businessman can see opportunities to get a source of income than most people because their intuition is usually sharper, and they can understand things better. It's not a waste of time for a business owner, especially when he sees an opportunity to make something. He will make observations to gather more information to develop his ideas.

Business people have free time because they have been trained to use their time well. Even though they are in their free time, they can even come up with interesting ideas that can give them the opportunity to open up opportunities to get a source of income. And even just by chatting with their friends, they can get business ideas that will become a new business if implemented. Their way of thinking is different from ours.

I don't think it is logical to think they bet because one will be wondering who they want to win, unless in a case of them betting in a different company. Within the gambling operations and management cadre, the people that gamble actively despite being part of the operation are the agents and super agents. It is easier for them since they are not the owners.

I even see a problem with the gambling operators being active gamblers themselves because it will surely affect their business negatively due to conflict of interest. Assuming some of them develop gambling addiction which is possible, the might use their business capital to gamble and lose it. Of course you know how this will impact the business. So I do not feel the operators should be involved in gambling.

In this case the context is different because the original thread the OP asked about was about betting on the site they developed so the statement you made  IMO actually quite off the mark because to be in business and cooperate with business rivals is a different story from betting on one of the sites or casinos owned. As i said earlier there is no clear reason other than those who really have nothing more to do to try to bet where they know that it is only in addition to wasting money it also wastes their important time.

Their thinking is already very different because what they see is only about business not like our thinking as gambling players who only bet for fun and try their luck so there is no reason for them to be on a site that they obviously develop for the profits they make because even if they (business owners) profit it also doesn't really matter because the profits come from the business they develop.

How do you mean that there would be no internal problem? How would there even be a problem when the person in question owns the company himself? No one is above him, remember. So maybe if it was an employee, and the company has rules then it’d be wrong to go against the rules. Also, you mentioned using back keys/knowledge of how the platform works, I don’t think any game has a defined algorithm on how it works, as I believe, it is really really randomized (though in a way that favours the company). Even if he could, I don’t see why someone would have so much money and still cheat in their own game.

Actually, not really because many possibilities could happen to the casino owner. We assume that the casino owner gambles on his own platform, and then they meet some business partners or people they already know and then chat. And in that conversation, they have business ideas. We know a businessman has a different view of something and can get ideas to create another business. Another assumption is that they gamble at other casinos, and someone recognizes them as casino owners. They will invite him to chat about many things, and from there, a business idea will emerge between them, which will be followed up at the next meeting.

And there will be no conflict of interest between business owners, whether gambling on their own platform or other platforms. He could instead find a business idea that could give him a new source of income together with people he already knows. This provides opportunities for all of them to work together to realize their new plans. We also don't know whether the business owner gambles on his own platform or at another casino, and that is his secret, which he will not tell anyone.

The store analogy has a serious limitation, and that is that a store owner cannot enter an antagonistic relationship with their clients, something that is possible with a casino owner.

If a casino owner decided to gamble at a poker table they suddenly have a massive advantage over any other player, since the dealer is their employee and most casinos have cameras everywhere, and in the case of online casinos they could take directly a look at your cards before that information was even sent to you through your internet connection, and even if the casino owner did not cheat, just the fact they can do it presents a massive conflict of interest.

well, this is what most gamblers out there are afraid of when betting at the poker table but all the gamblers dont know that one of the gamblers is the casino owner and this makes a bad thought if other gamblers find out while the gambling owner always wins even though not cheating, but still the minds of gamblers will think that the casino owner is cheating.

therefore, it is very rare for me to see gambling owners gambling in their own casinos because on the one hand, casino owners maintain the reputation of their casinos and avoid the danger of crimes that could threaten them because gambling owners have a lot of money. on the one hand, sometimes gambling addicts can go crazy and commit crimes against casino owners.
so it would actually be better if the casino owner did not participate in betting in his own casino rather than his reputation being damaged and becoming a very bad conflict in the long run.

They really can do that but I don't think that casino owners will ever cheat their customers/players even more because they're already making money out of them anyway. And in poker, the people that knows the owner will definitely be not playing with them on the table because as you've said they might've the advantage but I just like to think that casino owners aren't like that and that they don't like the idea of taking advantage of other players when they're already making money. Also, it's a bit weird that they have the time to waste gambling or even betting at their own places.

One of the advantages a casino owners have is that they already knows the odds that played all the time, already they have specialists that deals on the odds and the odds specialists are not allowed to play because they know what odds that played and the one that get lost.
I will like to bet with a casino owner because as he already knows the odds which means anyone he plays will come and as he's playing I will also bet on that same odds too.
Some times the casino owner game might cut but there is always a possibility that his winning will be higher than his losing.

well, this is what I mean, the point is that it is impossible for a casino owner to waste time gambling in his own casino just to have fun because they already have a lot of profits from their gambling business so if the casino owner just wants to have fun, of course he has other ways to find entertainment to go to. take a vacation to another country with your family or go to a luxury club somewhere.
I always believe that a gambling owner will never damage the reputation of his own casino and previously I have said this in the same thread that has been locked if the casino owner does not have time to gamble because the casino owner has various references to be able to have fun in other ways without having to damage the reputation of the business and perhaps if the gambling owner tries to gamble it is just to test how fair the casino is.

but all this we never know whether what we are talking about is right or wrong because if we are talking about offline casinos maybe it is true but if we are talking about online casinos we never know whether the casino owner is also gambling with other gamblers.

Can only be answered by the owner himself. We never know if they are playing or not and to follow your statement, if they are going to find such things for entertainment. I see your point where they can just go on vacation and use the money that they already enjoy from the gamblers, instead of playing and risking their money, though maybe yes or maybe no, no one among us can conclude that unless they are here also, and they can prove that they are the owner after claiming and show proof that they are playing using their own platform.

Gambling for a casino boss in his casino wouldn't be fun anymore since he's got the information about how the machine is being coded. Hence he's not doing himself any favor as a gambler to gamble in his casino. He's wasting the time and fun he's meant to achieve through gambling. I'd prefer that a casino owner visits other rich men who have some gambling cliques and participate in games with them, which is mainly the way it should be for the casino boss. Imagine winning and the money he won is his, no addition no subtraction. That wouldn't be fun for anybody. Consider being in his shoes, using your product should be considered no profits. What these men look for, is profitable means of maximizing the success of the casino, not just gambling. If he spent his time gambling he wouldn't be able to understand how the house is operating. However, they've got employees to take care of all that, but the presence of the casino boss changes lots of things from happening.

I've not spent time with one, but have watched them in movies, they are mainly in their office settling some disputes. Lots of disputes come out in casinos, especially offline casinos. Hence the owner would have lots of underlying problems he'll need to resolve to save the future of his business. He wouldn't have such a luxury of gambling. If he's into gambling or addicted to gambling, such a person wouldn't be able to make a competent casino boss. The business could be in trouble, but the boss wouldn't show concern about the dispute. Some of the casinos that run out of money or don't have enough money to pay their customers may have been owned by an incompetent owner, who may have squandered his time on other addictions, which takes up his money which would have been used in running the casino business. In a nutshell, a casino owner gambles, yes, but not like we would think that he does. His seat as the CEO of a casino is so hot that he can't sit down

That is up to each casino owner. They already know how to choose things that can entertain them. They can gamble wherever they want or go on holiday with whoever they want. And yes, we will only get a definitive answer if there are casino owners to say what they're doing. And even if those casino owners gamble on their own platforms, that's okay because they only gamble for fun and only occasionally. They have more things they can do than just sit down every day gambling and spending their money because they are better off using their money for more useful things or creating other new income sources.

I used to work in such a platform back in early 2000-s and it was just set up there,betting platforms were not as well known as they are now so a huge amount of people were betting there.I knew the owners as they hired me,they were my neighbors that opened the lotto club,a big one but as far as I remember I never saw them placing even a single bet just for the fun of doing it,so I know based on this fact that most casino or lotto club owners do not care much to place bets.Even Eddie,the Stake owner plays only on a Saturday just to decide the promotions for the other week and which would be the slot to beat the multiplier,so betting on sport betting I doubt they do.

I agree with your casino boss view. Besides gambling, they're strategic thinkers and involved in their industry. A casino owner gambling in his own casino is prohibited. They know how the games work, right? It eliminates gambling's thrill of chance. Second, playing high-stakes games with other moguls? Their true game. The key is networking, recognizing the competitors, and keeping ahead. Finally, their job requires attention outside the casino. They resolve disagreements, plan commercial growth, and protect their empire. High stakes, but not at the tables. They're continually gambling with their entire business on the business battlefield.

Lmao, Did you know that your real boss for your signature campaign casino “Stake” is the best example for this topic. Eddie play on his own casino and live stream it. He is using it as promotion for his casino through rewarding viewers. There’s no written rule that owner is not allowed to play since casino is using 3rd party games which means it’s really not their own game but rather they are just renting it and share profit with game providers. Only house game is 100% casino owned game.


All the function that you mention is assigned to different staff of the casino. Owner doesn’t do it because it’s for workers work. The only job of owner is the decision making for the casino sake and the rest is just cash out from casino profit because they finance the casino.

There's bulky questions to be answered but due to one's status, no one would welcome any idea brought to make contributions to the system. Not all bet companies owners engaged in gambling because they might become very busy with their time and also not ready to give up their initial capital, in the first place, we should know the spirit that comes when we gamble. I'm not ready to lose any significant figure in the system, we just have to become very careful and work vividly abiding by the govern sets of laws enacted by our disciplinary measures, all this are just for our safety from crossing boundaries.

Just like to every other person, betting is also a choice to owners of betting companies or platforms. Most owners of Betting platforms often engage in betting and other gambling activities themselves. As this helps them gain firsthand insights into user experiences and even dynamics of the market. This double role serves as valuable strategy  for their market research in guiding improvements on their platforms.
 
This should not be much of an issue due to the fact that the respective users of these platforms themselves actually deserve and want optimal user satisfaction hence, the need to understand what customers like and want.

Casino owners engage in betting to check how their casino provides the best experience to its users and to check what needs to be improved or added to improve service. This will be useful to provide an overview for casino owners to know if there are things that need to be improved so that the casino team can handle them immediately.

However, casino owners will not gamble too often because they better monitor the casino's running and provide the best for their users. Casino owners don't want themselves to become addicted to gambling like gamblers who lose self-control when gambling. Of course, casino owners will check how much profit they have made.

I'm curious to know where you got this info.  It doesn't seem to make sense that the people who own betting sites would play on them too.  That could definitely cause some conflicts of interest! I wanna see the research that says this is happening. 

Generally it's seen as pretty sketchy for a business to use its own stuff to gamble.  That can lead to the business having an unfair leg up or even insider trading sorta situations.

very wise answer.
your answer is very correct because in fact we will never know whether everything we talk about here is true or not because only they (gambling owners) know everything about this truth. It's just that we are here only saying about our respective opinions but that doesn't mean all of that is true.
and on the one hand, we are currently in an online gambling trend where you will never know who is gambling on the platform because it is all based online and only certain people or gambling owners can know everything and for me as long as it doesn't have a bad impact on the gambling itself I think its not problem if  gambling owner gambles on his own platform but maybe only occasionally or even just once because I'm sure the gambling owner has a more convenient way to get entertainment.

Why will they actually gamble? For winning from gambling? then how it's possible, that if they lose their House will win, if they win, their house will lose? :) So from this point of view there is no reason to gamble in own platform. But For testing, fixing bugs, etc they can play and I assume it's normal.

Op there is no restricrion when it comes To individual betting And there is no Law that prevents the owners of betting shops not To bet it all depends on the individual And Choice. If the owner of a betting shop see an opportunity And potential chances To win , he or she will bet , beside i have seen several people who are owners of betting shop visit another betting shop To place their bets instead of their own And when i tried To enquire why they are doing such . He said that it is financial discipline that If he decides To bet in his shop he might end up not paying for the bets So he prefers another betting shop .

Lastly most of the owners of  betting shops are chronic Gamblers And often bets from time To time , they also Find money just like you and i And besides they are just Agents  And not the exact owners of the shops . And as such they try also To practice the betting To know If luck will shine  on them Too

Theoretically they can do whatever they want. But in reality, I think they won't do that, basically because they understand too well how their system works and what the win-loss ratio is. Would you play knowing what the outcome would be?

Attractive gambling is when we bet on something we do not know in advance what the outcome will be. It gives us excitement to play and wait. The casino owner is the one who creates the game, if they play for the purpose of making money, then sitting idle and not playing is already making money. If they are looking for fun, they will probably choose another game instead of the one they created.

Just because you are the owner of a casino doesn't mean you don't have the right to play on your own online casino platform. Of course, that's not the case. Maybe it's possible to play gambling on your platform where you don't withdraw money but can win money and withdraw as well.

Of course, you, the owner, can do everything you want to do in your own casino; you can bring in money, and I don't see anything wrong with that either.

If this is the main concern, most gamblers know also know how the system works, know about the win-loss ration, but they are still gambling because they like it. Owners of a casino may still gambling if they like to do it although they have much better understanding about the system.

Casino owners are not always the one who create the game, there are casinos where the games are mostly from 3rd party providers. Even if casino owner create his own game, he may still play it for fun. But for making money, I dont think casino owners will do it because they are making money already with the casino.

As an owner, you can playing gambling games in your casino. You can hide yourself when playing gambling so there is no employee knows that you playing gambling on your own casino. Maybe you playing gambling in your casino because you wants to feels the experiences so you can knows if your members will satisfy with your casino. If not, you can add more services or some other features that can gives satisfaction to your members. Playing gambling at our casino doesn't mean something because we should knows how well our casino to our members so we can gives them satisfaction in playing gambling. Maybe some people will say it's unethical because they knows better about their casino. But that will depends on each owner about their reason playing gambling on their casino.

A deep thoughts on this,but I see it that owners of betting companies do place bets too and yes in their own platforms but they don't show it,but rather they prefer doing it at a convenient space which is their office but have also seen other bet companies owners that do it visible too to both their staffs and clients,they do it to show they are also in the game together and to make their customers be at peace and comfortable placing bets.

Cause I use to visit this particular bet shop with my guys,so one day a quarrelling fight came with a guy that loosed,he said everytime he keeps loosing his money that where's your Boss,he keeps eating out money whereas he doesn't bets,so suddenly the owner of the place came out and explained to the man probably gis strategies are not working well for him,so he stood in the line to place bets and let's them watch him to prove to the guy that he loses money too.

If normal individuals, I see nothing wrong with that but betting shop owners seems to have their own different title. There are lots of things that can go wrong if they will also join the competition, unless if they will be transparent with it just like Eddie in Stake. It makes the game more exciting instead of worrying.

The owners of the betting shops are already a winner by the time they open up their business and there is no need to be greedy anymore. With that, I think yeah that they are chronic gamblers but that's kinda amazing, especially if they did not lose all their money in another betting platforms. I thought that if we have a problem and we open a business it will only affect it negatively but it might also be a way for us to change and discipline our selves.

Owners of betting companies don’t have the time to place a bet and it may not be useful because he is also paying himself, unless it a business that has a share holders and maybe the owners of the company has 50% and he can know gamble because everyone in the company deal with percentage

What is the need of them betting? If they bet and win, who will pay? So there is no benefits of them betting, they pay the winners and who will pay them if they win? No body give a fuck about them, gamblers want to win and many gamblers don't care about the owners of the casinos they only care about the amount they want to win.

Sometimes casino owners stand on their empire, their purpose is sometimes just to visit what they have created, they do not necessarily win money, they just happen to want to know what it feels like to win after years of putting that practice into business. Obviously, the staff also didn't completely know who the owner of the casino was, so impersonating and becoming a player made more sense, as you said, a player who focuses on rewards but casino owners no longer put that emphasis on it, they need more thrill in life.

A casino owner does not need to be a gambler so that he does not become an addict since he can play any game he wants, because they are on the top of his fingertips. If he wins you don't expect him to be paid. Any business that render services or goods that can lead to addiction, it is not a safe practice for the owner to be a consumer of that goods and services because it can lead him to addiction and he might loose focus on his goal.

This is why I feel that casino owners might not be gambling, but if any of them gambles it shoukd be done in his casino.

It's an advantage not a go signal, an advantage doesn't mean that you can do it. Casino owners are just like any athletes in sports out there, they can bet but it would be a violation to do so because they're involved in the game and it's unfair that they can directly manipulate what might happen in the game that they've put their bet on. Take this hypothesis as an example, imagine Michael Jordan betting on a Bulls game against someone and he decides to bet on the other team for the higher odds which means that he wouldn't be playing fairly in the game and on the betting because there's some manipulation and throwing of the game, see where I'm going with this? That's why I don't think that casino owners don't gamble on their own casino, not to mention that they're probably just getting their own money back, it's circular pattern with no profit for them.

I don't know if you haven't actually experience the thrills of that particular winning feeling although it's pointless for a casino owners but I do believe some of these casino owner were maybe at one point in their life also gambling or had little experience and believe me who ever have had the experience will likely go and test it out not that am stipulating that they do gamble or anything but sometimes they might likely want to feel the rush.

Well, I don’t believe the owner of Betty placing a bet in the platform unless it’s a complaint that has a lot of show maybe the owner of the company which is the founder have just about 40 to 50% and he may decide to make more money on listing his personal gambling because the money is only if the person is a gambler that is the only way the person will going to enjoy it

I don't think there's any law that stops owners of a gambling platform to place a bet on any other platforms or with there's, I don't know if I'm right though but I think it takes someone who's experienced in gambling to own a gambling platform therefore I feel most casino owners do gamble when they're less busy or place bets on their favourite sports teams. I don't think there's any rules or law against that.

 Another thing is that, if the said individual is a gambler then they'll definitely bet with their own company. They're humans like everyone and they have choices and if one chooses to gambler whether as the businesses owner or not them they're good to go so far they gamble responsibly of which I believe they'll since they've already had the experience or have experienced board members surrounding them.

There is no law that stand against owners of betting companies, the only laws I know of is this (https://www.gov.uk/government/news/major-reform-of-gambling-laws-to-protect-vulnerable-users-in-smartphone-era). Owners of betting companies are always allowed to bet but in as much as it's consern, there is not rewards if the owners of betting companies bet in their own casinos because they have the money to themselves, so when they win who's gonna pay? They might try to gamble and test their luck in other casinos that's not owned by them.

Exactly. They can gamble with other casinos not there own, as you have said who gonna pay them? It still there money, I believe opening a casino is for business and as such expecting profit so they care about having more customer base and more gamblers to increase, he won't sit and watch or provide a suitable environment for gamblers to win, his concern is how to remain relevant and grow not sit and gamble.

He can gamble else where to try, test and also see things for himself and might likely apply any new options to his from such exposure.

I would imagine that owners of betting companies do bet yes. To be interested in and get involved in setting up a casino or sportsbook you would expect that one has to have a significant interest in gambling.

Obviously it’s a business where the motive is to make money from others losing bets but the owners of hetting sites most likely do gamble yes.

I believe that a person who runs a business and generate their targeted business will be busy with how efficient the business will last and how it's going to be generating more money for the company and not be busy playing. I'm not sure if the company is even going to allow it's staff to play in their own personal casino because it's wouldn't go well for the casino, imagine the owner of the betting company playing and then he won millions, who is going to pay him the millions?

If a person runs a casino, the aim and objectives will be how to accumulate more money instead of how to remove the money from company, even the staffs employed wouldn't be allow because they will suspect and will think he cheated, everyone will think the same thing especially if it's a casino games or any game that will be running from the system which they know it's possible to manipulate from within the system.

Probably any members and employees are prohibited from playing in their own gambling company, but I’m not sure. They probably do this so that if they win big, they won’t be suspected of cheating. Just imagine a situation when the director of a gambling company wins one of the biggest winnings. Of course, ordinary players who played there will immediately suspect him of tricks. And other responsible persons may begin to investigate him due to suspicion of money laundering. So in general, I think many directors of gambling casinos play, but try not to make huge bets so as not to attract attention to themselves.

For any CEO of a betting company, they would understand what they are selling to people, so gambling is what they should like but gambling in their own casino with money driven is going to be a no. Why are you risking money to bet when you are expecting people to lose so you can earn more? If owner of a casino is betting, it's going to be for testing of user experience and perhaps to know where there is flaw, how people experience in the casino and wouldn't be for the money.

A business place is a business place, If the casino is to be a joint business, I'm not sure there is going to be  a better explanation if you are winning a lot of money from a company you all dedicated your life to built. Who will account for the losses.  :D