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Author Topic: the odds of winning the casino  (Read 16027 times)
BlueStackz
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May 05, 2019, 02:08:28 PM
 #81

Playing gambling is all about chances and luck, that is why there are people who started to lose a huge amount of money in gambling because they are not in luck. I really believe that applying mathematics will not help you to win in gambling because gambling is all about luck and chances, that is why you should be really good at predicting things. And also, there are no people who became extremely rich in just playing gambling because the only people who can be rich in gambling is the dealer and the owner of a certain casino. Anyways, i am also playing in a crypto casino that has hundreds casino games that you could actually play and enjoy like poker, baccarat, blackjack, roulette, and slots. They also offer great bonuses and live casino with dealers that will give you high-quality gambling experience. Lastly, you should be really playing gambling for entertainment and for fun not to aim good money for you to have regrets and losing a lot of money.
I am sorry to say, your kind of mentality is what makes many lose in gambling because they do it without preparation and with the assumption that gambling does all about luck not know that whatever that requires profit also requires effort. If you are determined to win in gambling, then be prepared to go through the learning stages, it takes a lot to win in gambling and it’s a game that require skills.

There are actually people who got rich from gambling and I know a few of them just that it’s  rare and you are right that the site owners make more but then, what do we really expect? An employer would always be richer than their an employee.
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May 05, 2019, 02:53:01 PM
 #82

Still I am not thinking that it is thw strategy will help one to earn profit in playing gambling. But, of course it do have a higher chance that goals will be achieved.

Yet, it is still the luck that matter and I have known some of my friends that are really lucky by always winning on their bets. I was kind envy for that friend for I do not know how did he always win in betting. He is always lucky all the time and to which it help him earn profit and buy something out of the luck. I just wish I that I will be always lucky like.him.
michellee
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July 30, 2019, 04:46:21 AM
 #83

However, still a lot of gamblers will taking their chances to win and they'll absolutely enjoying their time in casino.  We know it's not all about of winning but it's gonna be a way to gather friends and enjoyment.

Now,  if we are aiming to make money better not to be in gambling cause we know hiw often to be losing in here.

When our reason to play gambling is because of gathering with friends and enjoyment, we can have fun and playing gambling without any feeling. We can forget about the loss and the win because we only want to enjoy our time with our friends and talk with playing some games. That will help us to feel happy and sometimes we can spend a lot of time with time and maybe we don't gamble as much as usual.

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Bohxz M4p4gm4h4l25
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February 20, 2020, 07:51:52 AM
 #84

Mathematics,calculations or any formulas are not that helpful when we talk about gambling.Of course this depends on each game but in general you cannot trick and win against the house. You think you are the only one who did this research before and came up with the same idea?No, of course. Dozens of people have tried to beat casinos by using different algorithms but no one has successfully to find a formula that will get them a constant profit. Gambling is a game of luck, and no one can prove its not since no one can be in profit for a long time,unless luck is involved.

This was the reality, gambling is not a thing that gives you continuous flow of profit. It is ultimately driven by luck and no one can hack the house. There is no 50:50 chance indeed, the house has its edge that is why it was still earning whatever happens. That is why this just for fun and a thing that should free us from stress and not give us stress.
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February 20, 2020, 08:29:30 AM
 #85

I am sorry to say, your kind of mentality is what makes many lose in gambling because they do it without preparation and with the assumption that gambling does all about luck not know that whatever that requires profit also requires effort. If you are determined to win in gambling, then be prepared to go through the learning stages, it takes a lot to win in gambling and it’s a game that require skills.

There are actually people who got rich from gambling and I know a few of them just that it’s  rare and you are right that the site owners make more but then, what do we really expect? An employer would always be richer than their an employee.
Yeah, takes a lot of losses to finally get a win. Grin

You only know a few people out there who've gotten rich through gambling because you need luck to win. It's not like you level up and the more experience you get, the better your results will be. The only way your results could change in time is if you either become addicted or you get rid of the addiction.

The only effort you need when playing out your money is financial effort.. I don't believe anyone out here is like "oh God, I have to click that damn button again.." when they're in a casino. It's specifically made not to need any effort to win money.
Darker45
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February 20, 2020, 09:40:10 AM
 #86

Mathematics,calculations or any formulas are not that helpful when we talk about gambling.Of course this depends on each game but in general you cannot trick and win against the house. You think you are the only one who did this research before and came up with the same idea?No, of course. Dozens of people have tried to beat casinos by using different algorithms but no one has successfully to find a formula that will get them a constant profit. Gambling is a game of luck, and no one can prove its not since no one can be in profit for a long time,unless luck is involved.

This was the reality, gambling is not a thing that gives you continuous flow of profit. It is ultimately driven by luck and no one can hack the house. There is no 50:50 chance indeed, the house has its edge that is why it was still earning whatever happens. That is why this just for fun and a thing that should free us from stress and not give us stress.

In terms of chance of winning, there is 50:50, meaning to say, your chance of winning is 1:2. And this could be publicly verified if the site is using a provably fair algorithm. I don't doubt about it. But then the house will still have its edge on the prize. There is always a reason for the house to earn. We need to remember that casinos are business establishments. They are built not just to give fun and a chance to make money to their customers but also, and most of all, to make money. That is why if you prefer to play a game with an almost fair playing field, choose those games with the lowest house edge.

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JohnBitCo
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February 20, 2020, 10:22:00 AM
 #87

Playing gambling is all about chances and luck, that is why there are people who started to lose a huge amount of money in gambling because they are not in luck. I really believe that applying mathematics will not help you to win in gambling because gambling is all about luck and chances, that is why you should be really good at predicting things. And also, there are no people who became extremely rich in just playing gambling because the only people who can be rich in gambling is the dealer and the owner of a certain casino. Anyways, i am also playing in a crypto casino that has hundreds casino games that you could actually play and enjoy like poker, baccarat, blackjack, roulette, and slots. They also offer great bonuses and live casino with dealers that will give you high-quality gambling experience. Lastly, you should be really playing gambling for entertainment and for fun not to aim good money for you to have regrets and losing a lot of money.

Despite of everything you mentioned here, people still play gambling because they want to win. Their loss in gambling does not let them quit the gambling but they continue to play gamble. Few of them play for the fun but majority of the gamblers gamble to win money.

In short, the casino or the bookie themselves, are those who win most of the times and they are the ones who are benefited the most from it.
MWesterweele
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February 28, 2020, 08:14:32 AM
 #88

Playing gambling is all about chances and luck, that is why there are people who started to lose a huge amount of money in gambling because they are not in luck. I really believe that applying mathematics will not help you to win in gambling because gambling is all about luck and chances, that is why you should be really good at predicting things. And also, there are no people who became extremely rich in just playing gambling because the only people who can be rich in gambling is the dealer and the owner of a certain casino. Anyways, i am also playing in a crypto casino that has hundreds casino games that you could actually play and enjoy like poker, baccarat, blackjack, roulette, and slots. They also offer great bonuses and live casino with dealers that will give you high-quality gambling experience. Lastly, you should be really playing gambling for entertainment and for fun not to aim good money for you to have regrets and losing a lot of money.

Despite of everything you mentioned here, people still play gambling because they want to win. Their loss in gambling does not let them quit the gambling but they continue to play gamble. Few of them play for the fun but majority of the gamblers gamble to win money.

In short, the casino or the bookie themselves, are those who win most of the times and they are the ones who are benefited the most from it.
I agree, it's really depends to player if they follow the advice of their fellow players. Most gambler  do what ever it takes even they lose huge money because they chase to become winner which cause them to addiction, even they win they won't stop until they lose again. Also those gambler have intention to get more money they don't do it for fun but doing for hobby to get rich.

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March 01, 2020, 06:09:16 AM
 #89

Playing gambling is all about chances and luck, that is why there are people who started to lose a huge amount of money in gambling because they are not in luck. I really believe that applying mathematics will not help you to win in gambling because gambling is all about luck and chances, that is why you should be really good at predicting things. And also, there are no people who became extremely rich in just playing gambling because the only people who can be rich in gambling is the dealer and the owner of a certain casino. Anyways, i am also playing in a crypto casino that has hundreds casino games that you could actually play and enjoy like poker, baccarat, blackjack, roulette, and slots. They also offer great bonuses and live casino with dealers that will give you high-quality gambling experience. Lastly, you should be really playing gambling for entertainment and for fun not to aim good money for you to have regrets and losing a lot of money.

Despite of everything you mentioned here, people still play gambling because they want to win. Their loss in gambling does not let them quit the gambling but they continue to play gamble. Few of them play for the fun but majority of the gamblers gamble to win money.

In short, the casino or the bookie themselves, are those who win most of the times and they are the ones who are benefited the most from it.
I agree, it's really depends to player if they follow the advice of their fellow players. Most gambler  do what ever it takes even they lose huge money because they chase to become winner which cause them to addiction, even they win they won't stop until they lose again. Also those gambler have intention to get more money they don't do it for fun but doing for hobby to get rich.
In short, such gamblers are driven by the urge of becoming rich over the night and they are the ones who pursue it for pure monetary causes. Such gamblers are the ones who really need counseling before they end up on roads. Such players are the ones who shall only gamble for a limited time and limited bets.
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March 01, 2020, 06:27:23 AM
 #90

Still I am not thinking that it is thw strategy will help one to earn profit in playing gambling. But, of course it do have a higher chance that goals will be achieved.

Yet, it is still the luck that matter and I have known some of my friends that are really lucky by always winning on their bets. I was kind envy for that friend for I do not know how did he always win in betting. He is always lucky all the time and to which it help him earn profit and buy something out of the luck. I just wish I that I will be always lucky like.him.

Strategy may work in the cards game where experience and skills does count. But something like dice games, slot machines games etc I think more or less those are luck-based games and if someone just play to always win or make money may end up being sad as chances of losing is higher than winnings. Also, casinos owner wants to make money for himself so odds would always be in his favours than others.

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noormcs5
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March 01, 2020, 09:54:57 AM
 #91

Still I am not thinking that it is thw strategy will help one to earn profit in playing gambling. But, of course it do have a higher chance that goals will be achieved.

Yet, it is still the luck that matter and I have known some of my friends that are really lucky by always winning on their bets. I was kind envy for that friend for I do not know how did he always win in betting. He is always lucky all the time and to which it help him earn profit and buy something out of the luck. I just wish I that I will be always lucky like.him.

Strategy may work in the cards game where experience and skills does count. But something like dice games, slot machines games etc I think more or less those are luck-based games and if someone just play to always win or make money may end up being sad as chances of losing is higher than winnings. Also, casinos owner wants to make money for himself so odds would always be in his favours than others.

You may win sometimes or lose other times in gambling but you cannot be sure if you will end up in a win. However, the gambling casino always win. They may lose some but overall they will remain in profit. Making money from gambling is good by individual gambler but he should keep in the mind that he can face a loss too.

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Lomberjack
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March 01, 2020, 03:44:46 PM
 #92

it is very important that you take chances of winning and profit into consideration  once you decide to try your luck.
the other major factor that should be taken care of in the process of choosing the ideal casino in which you will play is the limit of the house .
for example when the currency is tossed into the air you know in advance that the chances of winning or losing are completely fixed at 1:2 or 50%-50%.
the same rules have been applied to gambling games .
in the online casino on the assumption that the roulette wheel has a 37_38 slot and that the standard playing standard for the card games package is 52 cards and that the dice has 6 faces .
in the case of US roulette the home limit is 5.6 which means that for every 100-unit  bet;5.6
blackjack is considered one of the best options ,offering the game with a home edge of only 0.80%.
the edge of the house in some other gambling games in the online casino sites:
baccarat1.17%
bikarat 1.63%
game joe poker 2.5%
by taking the numbers and ratios mentioned above ,we recommend focusing on playing craps ,blackjack and then the game of parkras.
if you are interested in playing a profitable game.

players who merge into the account of all options are quickly tired


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March 01, 2020, 05:09:13 PM
 #93

Despite of everything you mentioned here, people still play gambling because they want to win. Their loss in gambling does not let them quit the gambling but they continue to play gamble. Few of them play for the fun but majority of the gamblers gamble to win money

So you think people are dumb?

Most of us are not only fully aware that gambling is about losing money, not winning it, but we have also tried it out for ourselves and know it from our personal experiences. To continue gambling with the hope of winning back what has been lost during so many years is bordering on outright insane

Personally, I don't think that the majority of the gamblers are insane. This leads us to the logical conclusion that gambling for most players is more about the process rather than the outcome. It is the thrill and excitement of the game that drives people roll again and again. Money lost or won is only an inducement

criza
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March 02, 2020, 02:11:44 AM
 #94

it is very important that you take chances of winning and profit into consideration  once you decide to try your luck.
the other major factor that should be taken care of in the process of choosing the ideal casino in which you will play is the limit of the house .
for example when the currency is tossed into the air you know in advance that the chances of winning or losing are completely fixed at 1:2 or 50%-50%.
the same rules have been applied to gambling games .
in the online casino on the assumption that the roulette wheel has a 37_38 slot and that the standard playing standard for the card games package is 52 cards and that the dice has 6 faces .
in the case of US roulette the home limit is 5.6 which means that for every 100-unit  bet;5.6
blackjack is considered one of the best options ,offering the game with a home edge of only 0.80%.
the edge of the house in some other gambling games in the online casino sites:
baccarat1.17%
bikarat 1.63%
game joe poker 2.5%
by taking the numbers and ratios mentioned above ,we recommend focusing on playing craps ,blackjack and then the game of parkras.
if you are interested in playing a profitable game.

players who merge into the account of all options are quickly tired


For me, considering or not, odds are still odds, it can't really be measured by percentage or data because, gambling means taking big risk and engaging in a wheel of fortune environment in which your only weapon is your wits, luck, and self-control. Knowing when and where to gamble or waiting for the right time and the right game is also important as it gives you a higher chance to not lose a huge amount of money from gambling. In every risk, gamblers should set aside their emotional part and solely rely on their wisdom and experience as a gambler because, emotions aren't permanent and it would only hinder a gambler to think thoroughly for their every move and decisions.

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Mumbeeptind1963
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March 02, 2020, 10:17:33 AM
Last edit: March 03, 2020, 02:37:42 PM by Mumbeeptind1963
 #95

For me, considering or not, odds are still odds, it can't really be measured by percentage or data because, gambling means taking big risk and engaging in a wheel of fortune environment in which your only weapon is your wits, luck, and self-control. Knowing when and where to gamble or waiting for the right time and the right game is also important as it gives you a higher chance to not lose a huge amount of money from gambling. In every risk, gamblers should set aside their emotional part and solely rely on their wisdom and experience as a gambler because, emotions aren't permanent and it would only hinder a gambler to think thoroughly for their every move and decisions.
I totally agree odds in casino it will always be part in any gambling games, so the best we can do is used our skill, strategy and luck.  Although luck plays a big factor in any aspect when playing gambling it is also the reason why many players are more interested because they want to grab the opportunity from it. Skills and luck as both needed in this game, so you need to improve yourself as well.

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bearexin
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March 02, 2020, 04:45:58 PM
 #96

Still I am not thinking that it is thw strategy will help one to earn profit in playing gambling. But, of course it do have a higher chance that goals will be achieved.

Yet, it is still the luck that matter and I have known some of my friends that are really lucky by always winning on their bets. I was kind envy for that friend for I do not know how did he always win in betting. He is always lucky all the time and to which it help him earn profit and buy something out of the luck. I just wish I that I will be always lucky like.him.

Strategy may work in the cards game where experience and skills does count. But something like dice games, slot machines games etc I think more or less those are luck-based games and if someone just play to always win or make money may end up being sad as chances of losing is higher than winnings. Also, casinos owner wants to make money for himself so odds would always be in his favours than others.
This is one reason why I feel like games where the platform enables player vs player bets is the best for winning money in long term for example a friend of mine is too good at poker and usually leaves the table with profit so being consistent with such games can help you mature and help you win in long term.

Apart from these I feel game of skill is the future of gambling industry because you may love to showcase your skills in games like Pubg and CounterStrike and many others like League of Legends. I sometimes feel like the current gambling market is not going to stay long enough if they somehow don't integrate the player vs player skill games.
panganib999
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March 02, 2020, 05:32:35 PM
 #97

it is very important that you take chances of winning and profit into consideration  once you decide to try your luck.
the other major factor that should be taken care of in the process of choosing the ideal casino in which you will play is the limit of the house .
for example when the currency is tossed into the air you know in advance that the chances of winning or losing are completely fixed at 1:2 or 50%-50%.
the same rules have been applied to gambling games .
in the online casino on the assumption that the roulette wheel has a 37_38 slot and that the standard playing standard for the card games package is 52 cards and that the dice has 6 faces .
in the case of US roulette the home limit is 5.6 which means that for every 100-unit  bet;5.6
blackjack is considered one of the best options ,offering the game with a home edge of only 0.80%.
the edge of the house in some other gambling games in the online casino sites:
baccarat1.17%
bikarat 1.63%
game joe poker 2.5%
by taking the numbers and ratios mentioned above ,we recommend focusing on playing craps ,blackjack and then the game of parkras.
if you are interested in playing a profitable game.

players who merge into the account of all options are quickly tired


For me, considering or not, odds are still odds, it can't really be measured by percentage or data because, gambling means taking big risk and engaging in a wheel of fortune environment in which your only weapon is your wits, luck, and self-control. Knowing when and where to gamble or waiting for the right time and the right game is also important as it gives you a higher chance to not lose a huge amount of money from gambling. In every risk, gamblers should set aside their emotional part and solely rely on their wisdom and experience as a gambler because, emotions aren't permanent and it would only hinder a gambler to think thoroughly for their every move and decisions.
Odds are just computed for exact amount of variables that is where you can find the odds of playing on which case by the casino there are continous odds after continous playing so it means it is really immesureable. For the players, the edge of winning is based on their skills in particular gambling like table games that requires critical thinking and a bit of luck that is where you can find your odds. And if fate is siding by you then congrats  Wink
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March 02, 2020, 07:55:06 PM
 #98

Still I am not thinking that it is thw strategy will help one to earn profit in playing gambling. But, of course it do have a higher chance that goals will be achieved.
Actually OP wanted to share the house edge involved with various kind of games and it is fair to say that the game with the least edge is expected to have the highest winning chance for the gambler and hence I see why most of the gamblers prefer dice over sports betting and other kinds of games.

Yet, it is still the luck that matter and I have known some of my friends that are really lucky by always winning on their bets. I was kind envy for that friend for I do not know how did he always win in betting. He is always lucky all the time and to which it help him earn profit and buy something out of the luck. I just wish I that I will be always lucky like.him.
I don't want to but I have to agree that some people are more lucky as compared to others and even the law of averages does not apply to them Embarrassed.

I am one of the sports betting fan and feel that it has the best chance to win despite the big house edge because we can analyse data and it's much easier to find why to pick a team/player and why not to.
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March 02, 2020, 09:32:55 PM
 #99

I think the odds of winning the casino is 0.  Have anyone of us heard of a casino that gives their establishment as a reward in their gambling games?  (just playing around the title.  Grin



Honestly, I do not care much about the odds since it only gives me a headache analyzing this kind of stuff, and eventually spoil the fun intended to play on that casino.   Maybe for the serious player who loves to see statistics will find this analysis of OP to be useful but I really do not know if it is really accurate or not.  But in this game of chance, nothing is certain because the result is random and even with a 50% chance it does not mean that we win every other roll.

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Hippocrypto
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March 02, 2020, 10:08:46 PM
Last edit: March 02, 2020, 10:25:17 PM by Hippocrypto
 #100

Still I am not thinking that it is thw strategy will help one to earn profit in playing gambling. But, of course it do have a higher chance that goals will be achieved.
Actually OP wanted to share the house edge involved with various kind of games and it is fair to say that the game with the least edge is expected to have the highest winning chance for the gambler and hence I see why most of the gamblers prefer dice over sports betting and other kinds of games.

Yet, it is still the luck that matter and I have known some of my friends that are really lucky by always winning on their bets. I was kind envy for that friend for I do not know how did he always win in betting. He is always lucky all the time and to which it help him earn profit and buy something out of the luck. I just wish I that I will be always lucky like.him.
I don't want to but I have to agree that some people are more lucky as compared to others and even the law of averages does not apply to them Embarrassed.

I am one of the sports betting fan and feel that it has the best chance to win despite the big house edge because we can analyse data and it's much easier to find why to pick a team/player and why not to.

Sportsbetting is more accurate instead of other betting platforms of casino like slot games. Your skills of analysis will be more enhanced compared with other lucky betting bets. The most important aspect to have is knowing your best pick of the game in order to come up with a potential set play to catch the wins.
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