Hit And Run Gambling - Can The House Be Beaten This way?

[passwordnow]

How could the casino profit from you if you already won and left the scene?  No matter how we think of it, the casino has lost in this scenario.   Yes, Casino might have profited from the other players but the discussion is about a person who won and quite entirely.  So there is no chance that the casino can be of profit in the scenario given by @OP.

I do not know why people consider this action of gambling and quitting while on the profit, not a gambler's mindset.  It is a mindset of a gambler, but that isn't an ordinary mindset where a gambler keeps on playing after the win-loss experience.

It's true that when a gambler is on a winning streak, one should keep going forward until he starts to lose. But after reading the continuation of the story of OP, his friend was really new to it and doesn't have that type of mindset as a gambler.
And eventually, the friend got back and lost to the casino and that's the cycle that we know of when a gambler has won, he'll really go back again and expect to lose what he's got the casino back.

not many gamblers have that kind of disposition in gambling. most that we have encountered are continuously gambling even after huge winnings. well, that is good for the gambler if he finally decide to use his winnings to better options.

And someone who's on a winning streak will have more freedom and that's why keeping on is what we know of what will someone do.

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[BitcoinPanther]

in the scenario you gave and as an individual, yeah, sure, you've beaten the casino, but at end of the day, the casino would still be in profit. also, I am pretty sure a lot of people have done this kind of "strategy" and the majority, if not all of them, are actually just a one-time gambler that got lucky.

How could the casino profit from you if you already won and left the scene?  No matter how we think of it, the casino has lost in this scenario.   Yes, Casino might have profited from the other players but the discussion is about a person who won and quite entirely.  So there is no chance that the casino can be of profit in the scenario given by @OP.

I do not know why people consider this action of gambling and quitting while on the profit, not a gambler's mindset.  It is a mindset of a gambler, but that isn't an ordinary mindset where a gambler keeps on playing after the win-loss experience.

not many gamblers have that kind of disposition in gambling. most that we have encountered are continuously gambling even after huge winnings. well, that is good for the gambler if he finally decide to use his winnings to better options.

True, it is more likely that the person knows how gambling works and would have taken the chance to runaway with the profit and quit because he knows when he comeback he will eventually lose the winnings.  I think this is a mindset of a gambler that has full control of his action and is not affected by greed.

The fact that the player has a smart gambling mindset is that on the second scenario, he used the winnings to establish a business, he is not gambling in a another industry which is more possibly a success because of the shows discipline after winning.

[bitbollo]

...
Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

every time some one is able to realize a profit "indeed" he has beaten the house and of course this is a nice example (but really hard to see in real life).
It's really hard to see some one not "gambling again" since most of the times gamblers are playing also for fun... and Casinos are pretty aware of this stuff (just see promotions, rake-back, bonus etc... )

[n0ne]

...
Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

every time some one is able to realize a profit "indeed" he has beaten the house and of course this is a nice example (but really hard to see in real life).
It's really hard to see some one not "gambling again" since most of the times gamblers are playing also for fun... and Casinos are pretty aware of this stuff (just see promotions, rake-back, bonus etc... )

Yeah, the time one makes a win it is like beating the house. My number of wins is much higher than the number of losses, but my net wager is on loss. This shows one might beat the house for high number of times whereas the house beats you in the form of winning money. It is true to keep thyself away from gambling when we were availed with different form of bonuses to keep ourselves active.

[chaser15]

Simply, if we are in that situation mentioned in the topic, we just take advantage of what happened here and that's a good action. We didn't beat the house but rather just do the better choice of using the winning money for something valuable and important.

Actually, it's hard to just stop after winning since why should we stop if we feel lucky?

It's good that after winning, the temptation of continuing more is being handled properly.

[harizen]

"Can The House Be Beaten This way?"

The mentioned scenarios in the OP are not ways of beating the house, well obviously. Generally, some random hash favor that user to win on that particular session. Those scenarios mentioned instead by the OP are, a good approach when we hit a good winning amount and that should be practiced by almost gamblers every time they winning amount.

Hit and Run is a strategy to take advantage of our winnings in the casino, not a strategy to beat the house.

[goinmerry]

...
Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

every time some one is able to realize a profit "indeed" he has beaten the house and of course this is a nice example (but really hard to see in real life).
It's really hard to see some one not "gambling again" since most of the times gamblers are playing also for fun... and Casinos are pretty aware of this stuff (just see promotions, rake-back, bonus etc... )

Hard to resist when we win. Winning around $100-$200 can't really make us stop. That winning is fairly small.

Fact that we able to win, we will always try to gamble again as luck is near to us.

Salute to those gamblers that can resist 100% to continue after winning an amount I have mentioned.

[Silberman]

every time some one is able to realize a profit "indeed" he has beaten the house and of course this is a nice example (but really hard to see in real life).
It's really hard to see some one not "gambling again" since most of the times gamblers are playing also for fun... and Casinos are pretty aware of this stuff (just see promotions, rake-back, bonus etc... )

Hard to resist when we win. Winning around $100-$200 can't really make us stop. That winning is fairly small.

Fact that we able to win, we will always try to gamble again as luck is near to us.

Salute to those gamblers that can resist 100% to continue after winning an amount I have mentioned.

I agree that this is extremely difficult to do, in fact I would argue it is way easier to stop yourself when you are losing, as you do not want to lose even more money than what you have lost already, but when you are winning what is stopping you? You feel great about finally having a good day at the casino and you have more money than when you session started, so instead of stopping you look to gamble even more as you feel this is your day and you will keep winning.

[crwth]

If you think about it, yeah. For me, you just won against the house, but in terms of a larger scale, like considering all the members in the casino, the house is still the winner. So you are a lucky person but not fortunate enough for everyone.

You will go back and think that you can do it again, which is more likely to happen in these scenarios.

Be disciplined and you would win against the house.

[Zlantann]

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

It will take a lot of discipline for you to win and walk away totally. There might still be the temptation to come back and play because you might still have the mindset that you can still win again. But when you win and run, it might be interpreted that you have beaten the house. But the saying that the house always win means that even if you win something big, another gambler in the same house have also lost something big. The gambling house will always use other people's losses to cover up for the win of others. So, on the long run it is the house that always win.

[seoincorporation]

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Well this is a good point, but the casino didn't lose at all because casinos aren't playing against 1 user, for each user winning you have 20 users losing, that's how that work, and to see one user winning doesn't represent a big lost for te casino.

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

Yes, we could say this is a way to beat the house, but remember, you need luck for this and is really hard to go and win big. I think that's the dream of tons of gamblers now. But is really hard to make it a reality.

[xSkylarx]

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

You beat the casino, but the others don't, because the majority of them lose, implying that you were just lucky to win it. It also doesn't mean that beating them means they lose a lot of money; they still make money as others lose to them. This is the only way to beat them in the casino ; you win, then flee, but winning from your first deposit is extremely rare, or having "beginner's luck,"  but they have a kind of algorithm that says you will win in your first trade if you bet small.

[YuginKadoya]

Let's Dissect your question 1st

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

In actuality, the house really always wins, this is just based on my experience when I was playing online with a casino app on my phone it will surely let you win on your 1st bet so I think that was your free trial to win the game and if you can a couple of times the system will let you win, but if you continue and let your emotions clouded you your judgement the system or house will now let you lose,

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

That will be a process you will need to control, but if your emotions has not been controlled then you will surely lost all of that winnings, it happens on me and that is just my experience there will be different experience for every person, if you are lucky and you feel that you now win big time try to think 1st because setting your emotions to judge if you want to play or leave I think you have in control with your emotions, because there are no required skill in winning the house, because the house always wins, you gambled not to get rich but to have fun only always used your extra money or money that is OK for you to lose,

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

I mean that is one way to beat the house if you decided to stop, what if you are in a hundred thousands of dollar, but decided to continue, it will be a good thing if you already stop your trail there but I highly doubt that could happen, but there are certain people that end up winning it big but I don't think that is beating the house because winnings the house will surely be getting it to another gambler, so it is not actually winning the house, that is just stimulating you to return and play aqain, so the house could get back to you,

[ethereumhunter]

If the scenario is the first, it's true that you have won thousands of dollars from the casino but as a new gambler, will the casino let you withdraw the winnings? Certainly not. The casino will ask you to do KYC and they will process the withdrawal request if you really don't break the rules. But if the casino allows you to withdraw those thousands of dollars in winnings, you really are very lucky as a new gambler.

The second scenario is almost similar to what happened in the first scenario. Unless you have done KYC in both scenarios, the casino will probably process your withdrawal request immediately. But it depends on each casino because each casino has its own rules.

And even if you have managed to withdraw your money, the casino is still the winner because they managed to get more money from the losing gamblers.

Assume that he passes all the KYC necessary in order to withdraw, I say that it's a pretty good thing to do to quit while you're ahead because you already got something out of the casino. You may come back from time to time for some quick sessions that sets you back a few dollars at best but I guess that's just it. Or better, just forget about gambling at all.

Also, the scenario only talks about an individual winning against the house. We all know that the house always wins due to the number of gamblers in their platform, but at this single instance, the house lost against a smart gambler who decides to dip when he had the chance.

If so, he really is very lucky to be able to get such a huge profit from the casino because only a few people can be like him to get that luck. And maybe the strategy is really profitable but the problem is how high are our chances of getting lucky in that scenario?

Yes, the house always wins but like I said, the house will win many times what the gambler got. But if he could get his winnings and leave the casino for a while, that would be his greatest gift.

[libert19]

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

It's implausiable to have such odds on your side. Hit and runs aren't possible by many small bets as house advantage will only get bigger and big wins are only possible with low win chance bets.

The only possibility I can think is that many people make such low win chance bets and one may come out to be a winner. But then again this one winner only won money that others wagered in hope for big win, while the house advantage is always included in each bet. House won anyway.

The only way I can think of to beat casino is not to play.

[joeperry]

Actually it doesn't matter, I consider beating the house if I make money out of my deposit for example I deposited $200 and withdrawing more than it but it is actually smart that you take away your money immediately after winning as the longer you are playing in the gambling site the more you are losing in the long run.

I really don't think you can beat the house, they always win. They created/host the game to win and not to lose, you should remember that they are not gamblers like most of us, they are businessmen.

[piebeyb]

If you think about it, yeah. For me, you just won against the house, but in terms of a larger scale, like considering all the members in the casino, the house is still the winner. So you are a lucky person but not fortunate enough for everyone.

You will go back and think that you can do it again, which is more likely to happen in these scenarios.

Be disciplined and you would win against the house.

it is difficult to be disciplined even when we have beaten the dealer and won the bet, usually we will come back after a few days or continue playing and in the end we are beaten again by the dealer and in fact that is what usually happens

[Strongkored]

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

It's easy to think about but not easy to do or get, not only when you just play a few hundred dollars and win hundreds of thousands of dollars and then immediately withdraw it then you will start to face the first problem from the casino which most likely asks you to do KYC if it hasn't been done or difficulties come from you because by winning hundreds of thousands of dollars and stopping in gambling is not an easy thing, you will continue to be tempted to play because you think gambling is where you get a lot of money.

[nullama]

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

Yes, that is correct.

If you happen to win big in the first few times you gamble (basically before you spend too much), and then stop gambling forever, then yes, you have beaten the house.

Now, this happens very rarely mainly because of two factors:

a) Winning big in a casino has very small odds, so anyone winning big is already a small chance.

b) Casinos are designed so that you keep playing for as long as possible. For example they give you free food and drinks, keep outside world blocked, no clocks, etc, so that you don't notice the passing of time. If you win you are encouraged to keep playing, because they know the house wins over the long term. Very few gamblers stop at their first big win.

If you combine a) and b) you'll see that the chances of that happening are extremely small. You have a small chance of it happening in the first place, and then very few of those quit gambling forever. So almost no one beats the house in the long term, but it can be done.

[coin-investor]

...
Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

every time some one is able to realize a profit "indeed" he has beaten the house and of course this is a nice example (but really hard to see in real life).
It's really hard to see some one not "gambling again" since most of the times gamblers are playing also for fun... and Casinos are pretty aware of this stuff (just see promotions, rake-back, bonus etc... )

Yes, that's true unless you live in a place without internet or electricity and have no way to come back to go online you can say that you beat the house, casinos have a way to get their inactive players to come back and play, they send a lot of promotions, comeback bonuses for inactive players to play again.
The temptation is always there to come back you cannot say that you will not play forever, there's some sort of guilt and temptation to come back so it's really a matter of time before you go back to playing again.