[Video] How do Casinos make money?

[ethereumhunter]

Just stumbled upon this video while surfing youtube out of boredom: https://www.youtube.com/watch?v=yXlLsg9t5jU&t=338s This really hits the spot and shows what really runs the gambling industry. No, it's not money addiction or the hobby to get rich. It's much more than that. It's very much psychological!

I don't know how much it's relevant to the online gambling scenarios but definitely worth checking it out.

Obviously, without the gambling players casino whether online or not they won't get any profit, for sure the house edge can't get any fund from the players. Especially in online once the online gamblers get in to their platform and deposit there is 100% waiting for sure for the house edge to get profit. But if the players are lucky, As far as I know they can able to control the games.

Yeah, but people are like to gamble so they come to the casino by online or offline and they play many games. The casino knows about that, so they give some bonus for the old members and new member to attract more people to comes. They will think to make another promotion to gain more visitor to come to their place so they can make more money. And if many casinos can do that, then that will be a competition among them to reach as much visitor as they can by giving so many bonuses to the visitor.

[Indamuck]

Las Vegas takes it to another level compared to the rest of the world.  There is just so much stimulation going to to distract you and I think the business owners in America are more ruthless about money.  The funniest thing is supposedly they don't hang clocks inside because they don't want people to realize how long they have been gambling.

[btc78]

~snip
Not gambling seems to be the obvious choice here but there comes a time when you are going to have no option but to go to the casino and hope that your luck shines for just a single moment for you to win.But alas Luck is unpredictable like the ocean.

In my opinion, if you really have the hots for gambling, or have the drive to play in a casino then you only have that choice. It's up to you if you are still willing to risk it. For me, it's no harm if you just do it occasionally and not making it a true hobby. It's like saying that you always gamble, and we all know what happens if we continuously gamble... we lose.

But this is the sad reality of life being a gambler mate,when you already knew most of the time (if not all the time)that when we go to gambling places either online of physical losing is waiting for us but yet we continue to gamble.
Maybe this is a human nature to always look for faster profit that in the end fail in every step is what we’ve got

[darklus123]

Upon watching the video, I just realized that all of the things that the narrator stated actually is the exact thing that is happening in one of the famous casinos in the Philippines. It is very important to be psychologically ready when you enter the casinos. However the discussion is likely more on the Physical Casinos.  I won't bother tho, If I spent a lot from the drinks, foods or rooms because for me this are a necessity


Does it means that Online Casinos take lesser amount of money because they can't do some of those strategies?