The realities of modern casinos

[Ucy]

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


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

[maxreish]

We all have different luck by the way, so the luck of that player doesnt mean you cant have that luck, too. If you are asking whether it is better to just invest your fund in other assets like crypto investments. Well, you should prioritize which one will be give you sure profits.

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

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

[Fortify]

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

[imstillthebest]

 what did you do in that 15 years .
 are you an observer and not a gambler ? we have seperate luck , you can be one of the loosers that you read or you can be one of the jackpot winners but the the only way to find it out is when you start playing a gambling .
the advantage of modern online casino is they can promote easily and they can promise great rewards but its up to you if you will bite this up but you should learn to have a self control .

[Coin_trader]

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

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

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

[Karartma1]

The verb defeat doesn't really work in a phrase in which the words house edge are present: there's no way anyone, no matter how big his own bankroll is, can defeat the HE on the long run. I'll always debunk that as gullible people can fall into believing that to win money the only thing to have his huge ammunition.

[samcrypto]

This is not a modern way because since then, Casinos are making money out of the pocket of the gambler so this is an old age tradition of making money of the casinos.

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

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

[iamsheikhadil]

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

[michellee]

Worth or not to start to play at an online casino, it will depend on yourself. If you think that you are curious about playing gambling on an online casino, you can start trying. But if it's not, you can search for more information about online casino, so you will know more. But I suggest you invest in crypto such as bitcoin, ethereum, bnb or else, and do not playing gambling because that is too risky for you, even if you think you are pro gamblers. I do not know if that is about psychologist or not, but I guess that will be related to the psychologist for every gambler.

[roosbit]

Hello! Why in modern casinos everyone loses and all casinos grow so quickly, including all of them, depending on online, their bankroll is growing and

Are you saying the old casinos weren't growing nor profitable?? I think with the saying of the house always wins we let our few wins get the best of us and go all in and lose it all in a blink of an eye.

they are ready to accept investments in their projects?!

I suppose it's part of their expansion program and also a way to have liquidity for high rollers.

I have been in online gambling for about 15 years, if anything. I sit on many casino forums, almost everyone and always lose everything, even at a distance, which is logical. But there are lucky ones who are lucky enough to hit the jackpot or successfully place a high bet and catch a large multiplier.

Honestly from what I have seen you have a bigger bank roll and a good risk management you stay in the game longer, but you go in with $10 wanting to hit the jackpot that is a 0.1% probability that you can win and few have done it.

  

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

If you want some fun and feeling lucky well go for it try the casino and walk away with some cash in your pockets but if you want to grow your money without any fun find something away from gambling

[mu_enrico]

Hello! Why in modern casinos everyone loses and all casinos grow so quickly

Both offline and online, the house will always win. However, land-based casinos have high direct costs to pay employees, maintain the facility, etc. They cannot grow as fast as online casinos, where the machine operates 24/7 with lower costs.

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

[markk1]

what did you do in that 15 years .
 are you an observer and not a gambler ? we have seperate luck , you can be one of the loosers that you read or you can be one of the jackpot winners but the the only way to find it out is when you start playing a gambling .
the advantage of modern online casino is they can promote easily and they can promise great rewards but its up to you if you will bite this up but you should learn to have a self control .

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

[Renampun]

...

I don't know what you are worried about here, it's just that winning or losing is your own luck...
if asked whether it is worth playing gambling in this modern era? of course, I answered that it deserves, what causes someone to lose or win not because of their game but because of their luck or greed.

[Smartprofit]

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

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

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

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

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

[imstillthebest]

what did you do in that 15 years .
 are you an observer and not a gambler ? we have seperate luck , you can be one of the loosers that you read or you can be one of the jackpot winners but the the only way to find it out is when you start playing a gambling .
the advantage of modern online casino is they can promote easily and they can promise great rewards but its up to you if you will bite this up but you should learn to have a self control .

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

i see but how can you control the game if you will distance ? your using auto betting ? but its not fair if they will give you a minus unless if you cheat the system and cause you to win jackpots consistently because that is not allowed .
just choose a fair casino and play the game fairly and you will be fine . goodluck

[acroman08]

Maybe a modern casino uses the maximum psychology in its favor with promotions and conditions?

they do. I've watched a documentary years ago where business such as supermarkets, casino and such uses a technique which makes ongoing gamblers or shopper spend more or stay more by placing items on certain areas. I forgot what the documentary called but it is a very interesting one.

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

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

[Maus0728]

The realities of modern or online casino are still the same as compared with those traditional land based casinos in terms of winning or the odds that are present in the game. Losing a lot in an online casino has nothing to do from a notion that it is operating "online" or due to a casino being "modern".

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

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

[dothebeats]

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

[Smartprofit]

Maybe a modern casino uses the maximum psychology in its favor with promotions and conditions?

they do. I've watched a documentary years ago where business such as supermarkets, casino and such uses a technique which makes ongoing gamblers or shopper spend more or stay more by placing items on certain areas. I forgot what the documentary called but it is a very interesting one.

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

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

Yes, casinos are actively using various psychological tricks. 

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

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

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

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

[ryzaadit]

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

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

-snip-

Then how about online gambling ?