Who's winning more casinos or gamblers?

[ARTOIS]

Every day, thousands of dollars enter or leave the treasury of casinos, and we always hear about a gambler who wins or loses a large sum of money.

The thing that caught my attention is that the casino never loses. The money that you win is not the property of the casino, but of another player. The casino is in the process of recycling the money that the players have invested. There is always a winner and a loser, and when you bet with an amount of money, you bet against the money of all the other players. If you win, they will pay you from their money, and if someone else wins, they will pay himBTCBTC from your money.

So the casino remains the biggest beneficiary, right?

[Quidat]

If Casinos arent profitable then we wont really be seeing tons of it today but we are seeing the other thing around. So its clearly on whose really making money.
This is why as a gambler then you should really know that gambling is really just that for fun and not on making yourself that getting rich because once you do have this kind of mindset or
thinking towards it then sooner or later you would really be finding yourself getting wrecked by it.Therefore, it would be always wise on having those realistic approach rather
than on making yourself that delusional because this is where things becomes shit if you do have those kind of non realistic hopes and goals.

[acroman08]

So the casino remains the biggest beneficiary, right?

apart from the government, yeah, the casino is the biggest beneficiary. gamblers are basically just a cash cow for them that bring in money, though there are some gamblers that actually profit from gambling in casinos, the percentage of them is small enough that it doesn't usually affect their overall profit from other gamblers.

[SamReomo]

Sometimes casinos are winning more but at other times players are the ones who are wining more money. There are many casinos who got bankrupt because their bankroll was emptied and they can't pay the players while on other side we see many casinos who are getting richer and richer every other day.

Those casinos that are getting richer are making money out of the pockets of the players who lose but the lucky ones are getting paid from the casinos because they are winning. It's a common belief that if someone loses the casinos earn that money while if someone wins then he/she takes away that money from the casinos.

The successful casinos are winning most of the times due to the house edge thing and they are winning quite good amount of money while on the other end there are many casinos that don't win that much and they completely shutdown their business due to losses. However, most of the times casinos are winning money rather than losing it. If casinos start losing then they won't be able to continue the business so it's casinos who are winning more than the players in the end.

[Zlantann]

So the casino remains the biggest beneficiary, right?

It is easy for an outsider to conclude that casinos are making so much money. Except you are an insider who understands how the business is run you might not get the true picture of how casinos make profit or lose. You are also forgetting that these casinos also incur certain costs in the process of rendering services. They have to pay for licenses, pay taxes, maintain their website/physical shops, and pay workers/personnel. Don't forget that when there is a big win, it is also the casino that will pay the gambler. I have heard stories of some casinos going bankrupt because they can't pay out the wins of bettors. There is a saying that the house always wins but you will never know until you are involved.

[Finestream]

The answer is very obvious; of course, casinos. Have you ever heard casinos complaining about losing to gamblers? No, it's mostly from gamblers who are complaining about losing because that's the nature. Casinos operate with a house edge, so they make a profit in the long run. With the volume of gamblers trying their luck, the more they'll make themselves profitable. That's why there's a phrase that "gamble only what you can afford" because it's expected that when you are gambling, you'll likely lose, so that's the way to manage the risk of losing more.

[Fivestar4everMVP]

Every day, thousands of dollars enter or leave the treasury of casinos, and we always hear about a gambler who wins or loses a large sum of money.

The thing that caught my attention is that the casino never loses. The money that you win is not the property of the casino, but of another player. The casino is in the process of recycling the money that the players have invested. There is always a winner and a loser, and when you bet with an amount of money, you bet against the money of all the other players. If you win, they will pay you from their money, and if someone else wins, they will pay himBTCBTC from your money.

So the casino remains the biggest beneficiary, right?

You are absolutely right, this is why building and running a casino is a very profitable business, more reason why we see a lot of new casinos springing up almost every day.
This days, building a casino have become really easy, but the hardest job now is finding players.

In the game of gambling, casinos are always the winners, I mean, no body with the power to build and program his business will do so In a way that he or she loses to his or her customers, he or she much program the business in such a way that his or her customers will continually lose to him or her, with some minor wins here and there from time to time, so that the customer doesn't at any point in time start suspecting that the business is rigged against him or her.

This is exactly the same casinos are built, but in a much more advanced way where by, players are betting against themselves, when they all lose, the casino packs all the money,🤑,  but when some players win, the casino pays the winner from the money others lost, and also keep the rest to themselve.
This makes casinos the most and always profitable ones, as far as gambling is concerned.

[madnessteat]

Casino has its margin, so you can consider that the casino wins more than the gambler, but in fact it is a more complex issue because there may be circumstances when the casino will be a loser. For example, the outflow of gamblers on another site-competitor, which eventually leads to the inability to pay obligations, the purchase of a license, etc. and such a casino declares itself bankrupt. In addition, it may happen that the wallet casino will be hacked and then the casino will again be forced to declare itself bankrupt.

[Rruchi man]

So the casino remains the biggest beneficiary, right?

The casino is a business and like every business they are in it to make profits. If the casino business is not profitable, many casino's and gambling platform would have shut down by now, and we will not be seeing an influx of new casinos to the scene. Number of people who lose daily on gambling cannot be compared to the number of people who win, and with the  number of gamblers increasing worldwide, the casino business remains very lucrative. Gamblers can benefit from a casino or betting platform, but the casino's remain the biggest beneficiary even with all the operational cost.

[Huppercase]

Every day, thousands of dollars enter or leave the treasury of casinos, and we always hear about a gambler who wins or loses a large sum of money.

The thing that caught my attention is that the casino never loses. The money that you win is not the property of the casino, but of another player. The casino is in the process of recycling the money that the players have invested. There is always a winner and a loser, and when you bet with an amount of money, you bet against the money of all the other players. If you win, they will pay you from their money, and if someone else wins, they will pay himBTCBTC from your money.

So the casino remains the biggest beneficiary, right?

I don't know how to use statistics for this but in every 100 gamblers that gamble, it's only 3 of them that makes a life opportunity money from gambling, the rest of them make lose money and lose money and then quit, some make money and also lose money and when you take the aggregate loss and profits, the loss the have is always bigger than the profits. We have some of them that makes minor loss and a little profits and when you do aggregate for this one, what they gain is only a little higher than the loss they have because Casino are money making companies whether we agreed or not.

Have you seen a casino shutdown after running for years and they stopped working because they lose so much to gamblers, I have not seen one. We have so many of them like Stake casino exchange was reported of hacked last year, more than $41 million was stolen as a result of hack and today, they are functioning, doing fine and the money they spent on marketing has doubled, this is to tell you that the only beneficiary person in gambling is the company that provided the means of gambling for gamblers.

[asyakashi]

logically if the business is not profitable then it will go bankrupt, and in my opinion casinos will get more profits from their customers, and moreover it can be compared with companies and their staff which of course have companies that receive more profits

[ajiz138]

Of course we all know casinos are winners, they have margins that we can't see and only they know how much money they make from operating a casino.

Take a look at the percentage between games, are there many winners or losers? From what I hear, of course, there are more losers but people still like this game even though they keep losing, because from the player's defeat, at least the casino will benefit even though they will pay the winning player.

So in interpreting this we don't really know because we have never run a casino business, but I'm sure every casino will definitely have high profits so the casino is the one who receives the big benefits.

[milewilda]

So the casino remains the biggest beneficiary, right?

The casino is a business and like every business they are in it to make profits. If the casino business is not profitable, many casino's and gambling platform would have shut down by now, and we will not be seeing an influx of new casinos to the scene. Number of people who lose daily on gambling cannot be compared to the number of people who win, and with the  number of gamblers increasing worldwide, the casino business remains very lucrative. Gamblers can benefit from a casino or betting platform, but the casino's remain the biggest beneficiary even with all the operational cost.

Come in mind that we do have that so called HOUSE EDGE on which this is something that makes them that advantageous with their players on which the longer that a certain gambler plays then its the way that they making more money and this is what they do like. Just like on what most people been saying here that if this business wasnt profitable in the first place then we wont really be seeing that sudden influx in numbers that currently existing. Even just simply looking on the gambling board alone on which there are really some gambling launching ANN thread that we could really be able to see on which it signifies that demand is there but of course
we should exempt out with those scam platforms. As a gambler then having this kind of awareness would really be putting you out through possible addiction since you do know that you are on great disadvantage
then you do only play just for the sake of fun.

[electronicash]

when they say the house always wins, it's literally what is happening all the time with the casinos as the odds are always on them.

the only reason why some casinos are not making money is because they lost the competition. or new and the most popular casinos are just sweeping the small casinos. gamblers are making casinos richer every day with the money they give away. so if you wanna build a business where your passion is as a gambler, then be a casino. create one for you will be destined to be richer than Eddie.

[Heartilly]

The thing that caught my attention is that the casino never loses. The money that you win is not the property of the casino, but of another player. The casino is in the process of recycling the money that the players have invested. There is always a winner and a loser, and when you bet with an amount of money, you bet against the money of all the other players. If you win, they will pay you from their money, and if someone else wins, they will pay himBTCBTC from your money.

So the casino remains the biggest beneficiary, right?

In every business, in any industry, isn't it common that there's a flow of money in circulation? These businesses will able to operate for a long and cover all the operational costs and spending if there's a proper flow of money which will come to their customers.

There should be no question on who's winning between casinos and gamblers. It's already known from the start.

We are talking about basic Economics here.

[_act_]

So the casino remains the biggest beneficiary, right?

Definitely. Both the casinos and bookies will grow, employ more workers and make more money. But that is if the gambling site is having traffic in a way that they have many gamblers. The gambler will gamble and lose money. Gamble again and lose more money. The casinos and bookies will be happy as they will have more money. So the answer to your question is that gamblers are the ones losing.

[Juse14]

For entrepreneurs (bookies), gambling is the most profitable business, while for users, gambling is an activity that can only cause financial losses.

Currently, casinos have become quite popular entertainment venues and are visited by many people. So it's no surprise that competition in the world of gambling is so tight, especially if we talk about online gambling. where currently the number of online gambling platforms may no longer be counted, because not only legal casinos, but many illegal casinos have also emerged. And if casinos were an unprofitable business, casinos would have closed long ago, and if this business were not profitable then it would be impossible for people to be interested and involved in this business, and give rise to more and more gambling platforms. And when it comes to legal and officially licensed casinos, one thing that could make it possible for them to stop their business and go bankrupt is a multiple increase in taxes.

[Westinhome]

You are absolutely right, this is why building and running a casino is a very profitable business, more reason why we see a lot of new casinos springing up almost every day.
This days, building a casino have become really easy, but the hardest job now is finding players.

In the game of gambling, casinos are always the winners, I mean, no body with the power to build and program his business will do so In a way that he or she loses to his or her customers, he or she much program the business in such a way that his or her customers will continually lose to him or her, with some minor wins here and there from time to time, so that the customer doesn't at any point in time start suspecting that the business is rigged against him or her.

This is exactly the same casinos are built, but in a much more advanced way where by, players are betting against themselves, when they all lose, the casino packs all the money,🤑,  but when some players win, the casino pays the winner from the money others lost, and also keep the rest to themselve.
This makes casinos the most and always profitable ones, as far as gambling is concerned.

The casino was the reputed business in the current market situation,as you said it may be the reason for the origin of many gambling sites for now.The gamblers mostly create the new gambling site,the problem here is not all the gambling site owner was the legit people.So some create the gambling site which scam their money,we call them as the scam gambling site.The gambling site alone doesn’t mean of the complete gambling set up.Without the players,the gambling site are merely the myths.The gambling site was working on various way to bring back the gamblers to their gambling site.

The most followed strategies to the gambling sites are giving bonus money to the each deposit of the gambling site.Most of the gambling site follow this phenomenon,but some of the gambling site with huge reach doesn’t require any bonus money to the deposited money.After the gambler get into that site,they should not get away from that gambling site.This only major task for the gambling site.Only the gambling site provide the friendly and admirable environment alone able to survive in the gambling field.

[Belarge]

Definitely. Both the casinos and bookies will grow, employ more workers and make more money. But that is if the gambling site is having traffic in a way that they have many gamblers. The gambler will gamble and lose money. Gamble again and lose more money. The casinos and bookies will be happy as they will have more money. So the answer to your question is that gamblers are the ones losing.

We easily lose money when we have no techniques to approach the system, we only become vulnerable when we're incapable of making the good profits runs. The traffic from both gambling and casinos are massive, the same thing applies to the gigantic profits and heavy losses printed. There's no safer place in the system other than having in mind, regarding the huge losses and profits. Gamblers and casinos, who's making profits? I would go with gamblers because I'm one of the gamblers and can only speak on the evidence I'm witnessing.

[Wiwo]

Every day, thousands of dollars enter or leave the treasury of casinos, and we always hear about a gambler who wins or loses a large sum of money.

The thing that caught my attention is that the casino never loses. The money that you win is not the property of the casino, but of another player. The casino is in the process of recycling the money that the players have invested. There is always a winner and a loser, and when you bet with an amount of money, you bet against the money of all the other players. If you win, they will pay you from their money, and if someone else wins, they will pay himBTCBTC from your money.

So the casino remains the biggest beneficiary, right?

You are absolutely right, this is why building and running a casino is a very profitable business, more reason why we see a lot of new casinos springing up almost every day.
This days, building a casino have become really easy, but the hardest job now is finding players.

In the game of gambling, casinos are always the winners, I mean, no body with the power to build and program his business will do so In a way that he or she loses to his or her customers, he or she much program the business in such a way that his or her customers will continually lose to him or her, with some minor wins here and there from time to time, so that the customer doesn't at any point in time start suspecting that the business is rigged against him or her.

This is exactly the same casinos are built, but in a much more advanced way where by, players are betting against themselves, when they all lose, the casino packs all the money,🤑,  but when some players win, the casino pays the winner from the money others lost, and also keep the rest to themselve.
This makes casinos the most and always profitable ones, as far as gambling is concerned.

Running a casino is much more technical and capital intensive than you think,  casino are paying revenue and cost of running the business coupled with advertisements and promotions all this takes money from the casino and most times,  it's not all a win-win for the casinos there are times that the players win huge sum and at that the casino will have to pay out,  reason why we have some complains of casino not paying out full amount of winning to gamblers who hit a certain high jackpot that it payment can cripple the operation of the casino.

So we need to check all that before we proclaims that casinos are easy and profitable to run,  but then due to the high technicality of the casino, there are sometimes gains that make it easy for them to keep running their businesses.