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Author Topic: Who's winning more casinos or gamblers?  (Read 1400 times)
stomachgrowls
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April 15, 2024, 08:33:01 PM
 #221

It's obvious that casinos makes more money than players if they are actually operating.
The primary one is to keep the client playing, provide him with a tool to kill time and feels some excitement. That's the psychological aspect that makes gamblers go back, even though deep inside they know they're losing money.

Casino always win long term as long as they are operating and there are players who are willing to take risk as oppose to what why are holding or offering. Imaging the commission costs or transaction fees, that alone makes them profitable or go breakeven to continue operating. The drinks and food inside that too. Casino as a whole not only the machines or games. Thinking about online, it's the advertisements and having VIP players. With the game itself, over a large sample size, the casino always wins because of the game of probabilities.
If they werent that profitable in the first place, we wont really be seeing huge numbers on current existence in the market or into the number of casinos that been operating. Of course it would really be that obvious that house do always wins which means that they are the ones who do make money or revenue for real. They wont really be staying up on business for too long if they werent that making money on which it would really be just that normal that they will really be that staying up on the game as long there would really be tons of gamblers who would really be keeping on feeding them or keep on losing.

This is how reality works and as a gambler then it would really be just that a normal approach that you should really be that making those kind of realizations so that you wont really be that
making yourself that desperate on the time that you would really be doing gambling. It is really just that there are ones who are really that desperate on making themselves
that profitable without even trying out to realize that they arent that someone who cant be profitable all the  time.

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April 15, 2024, 08:40:13 PM
 #222


Casino always win long term as long as they are operating and there are players who are willing to take risk as oppose to what why are holding or offering. Imaging the commission costs or transaction fees, that alone makes them profitable or go breakeven to continue operating. The drinks and food inside that too. Casino as a whole not only the machines or games. Thinking about online, it's the advertisements and having VIP players. With the game itself, over a large sample size, the casino always wins because of the game of probabilities.
One thing I think people should understand is that the casino would always be on a better edge of winning than the gamblers, if the gambler are winning more, then a lot of casinos would had gone bankrupt currently but no, chances of that happening is very slim so that's enough reason to say that the casinos wins more that the gambler on a daily basis.

 Another instance is that if you check the numbers of individuals that win the jackpots or huge sum of money daily you'll see that they're not very much compared to the amount of money individual around the world lose daily. And just like the OP stated, the money the Casinos use in settling individuas who win jackpot is not there's but that of other gamblers.

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April 15, 2024, 08:49:11 PM
 #223

If it is spread over a long period of time, casinos will generally be profitable because the system is adjusted accordingly. There are differences like 2% and 3% for the house to win, so the house wins more against the players in the long run. This has always been the case. Therefore, if luck has smiled on you, it is best to split the game without further ado, because the more you play, the more advantageous the casino becomes in each game.

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April 15, 2024, 09:05:59 PM
 #224

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?

No matter how we want to discuss the profit and loss of the casino, they remain the biggest winner in this business, only few gamblers makes big cashout from the casino and the rest win few while the majority lose. Now do the maths, plenty people will make a deposit to the casino but only few maybe 2 out of 10 win something. The rest of the money goes where? It goes to the casino pockets because they are the biggest beneficial of this business of gambling.

If indeed casino don't make enough money why do we continue to have new casino trying to get more customers by giving deposit bonuses and marketing just to continue to be the number 1 in the industry, it's because there is money in there.

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April 15, 2024, 10:19:44 PM
 #225

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.

Oh yes, the casinos actually wins more just as you made it clear noted so as some casinos goes bankrupts due to inability to pay their winners but I do not think if it is as results of gamblers to had exhausted those funds at their winning but I think it could either be lack of site bookmakers programming efficiencies to generate funds from the gamblers such as setting of gambling campaigns and social and media adverts to influence the audience to come betting on their sites in other to secure much customers on board and have much money recovered s d saved to carry on the business.

Some are also management faults where the casino sites invests too much on the sites without considering the possibilities of gamblers hitting the jackpot in a huge amount and could occur on multi gamblers at same time.
In gambling nothing is impossible as much that nothing is possible.
So failure of the casino sites to realize all that, they runs bankrupt due to excessive incalculable expenses.
So on cases like this they would shutdown and doomed to keep active not until they are reactivated to refund again

But in all just if total ramifications, the casino sites wins more While the gamblers looses more as formally stated.











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April 15, 2024, 10:30:34 PM
 #226

First thing we need to acknowledge is that, as long as the casino have the house edge advantage, there will always be at advantage over the gambler and that is the reason their are still in business, and as a matter of fact casino are revenue oriented and for such will always put system in place to check whatever method that will always put tham in profits.

 
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April 15, 2024, 11:17:25 PM
 #227

Casinos tend to win more than individual gamblers overall, as they have a built-in advantage known as the "house edge" in most games. This ensures that, on average, the casino profits over time, even though individual gamblers may experience wins in the short term.
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April 15, 2024, 11:34:42 PM
 #228

First thing we need to acknowledge is that, as long as the casino have the house edge advantage, there will always be at advantage over the gambler and that is the reason their are still in business, and as a matter of fact casino are revenue oriented and for such will always put system in place to check whatever method that will always put tham in profits.
On a normal basis nobody runs a business for losses but only and majorly for profit making, this includes running a casino shop as a business it requires for sure a profit making strategy whether the customers gain or loss it most make profit in one way or the other.
Hence I believe the casinos make much more profit than what we see as the winners gain from them.
A lot of casinos just need customers to keep patronizing them its none of their business whether we gamblers make profit or not they are good.

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April 15, 2024, 11:42:19 PM
 #229

Casinos tend to win more than individual gamblers overall, as they have a built-in advantage known as the "house edge" in most games. This ensures that, on average, the casino profits over time, even though individual gamblers may experience wins in the short term.
And no matter what happens, casinos will always win because they're a business. This is a establishment that needs to earn money from their customers.

As the customers, the gamblers. They also have the means to win sometime but it's not possible that they'd win the same as the casino at most times.

It's easy to understand how the business of casino works and what a gambler's stand on this one.

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April 15, 2024, 11:43:32 PM
 #230

It's kind of a self answering question.  If a casino is in business it has made more than the gamblers have.  As soon as it flips for too long. They go out of business.  All of the games in casinos have a house edge in terms of expected winner.  Also gamblers tend to play until they have no money left.  Most don't have walk away points.
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April 16, 2024, 01:11:22 AM
 #231

First thing we need to acknowledge is that, as long as the casino have the house edge advantage, there will always be at advantage over the gambler and that is the reason their are still in business, and as a matter of fact casino are revenue oriented and for such will always put system in place to check whatever method that will always put tham in profits.

Yes, that way gamblers always hope for lucky opportunities, right? because gamblers feel that casinos have a big advantage, namely being able to make a lot of money so that gamblers continue to play casino games without thinking about something that will be very detrimental to the gambler if the gambler just hopes and hopes.
Learning to apply a system of methods in carrying out gambling is useful as a reference for which is better and which is worse and we must be disciplined and careful in applying these methods.

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April 16, 2024, 03:06:07 AM
 #232

The primary one is to keep the client playing, provide him with a tool to kill time and feels some excitement. That's the psychological aspect that makes gamblers go back, even though deep inside they know they're losing money.
Casino always win long term as long as they are operating and there are players who are willing to take risk as oppose to what why are holding or offering. Imaging the commission costs or transaction fees, that alone makes them profitable or go breakeven to continue operating. The drinks and food inside that too. Casino as a whole not only the machines or games. Thinking about online, it's the advertisements and having VIP players. With the game itself, over a large sample size, the casino always wins because of the game of probabilities.
I agree with you completely because if casinos does not win at the end, the business will collapse. No doubt many gamblers are making a kill in the business but that should just be a fraction of gamblers as the majority still struggle to survive in the game.

But sincerely, it is not easy running a casino business and I do admire the courage of the casino owners. The risk they take is huge because just few heavy gamblers with luck on their side can wreck havoc on their business. Now that we are in the era of social media, any leaked insider information will end their business.











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April 18, 2024, 09:16:26 PM
 #233

First thing we need to acknowledge is that, as long as the casino have the house edge advantage, there will always be at advantage over the gambler and that is the reason their are still in business, and as a matter of fact casino are revenue oriented and for such will always put system in place to check whatever method that will always put tham in profits.

Yes, that way gamblers always hope for lucky opportunities, right? because gamblers feel that casinos have a big advantage, namely being able to make a lot of money so that gamblers continue to play casino games without thinking about something that will be very detrimental to the gambler if the gambler just hopes and hopes.
Learning to apply a system of methods in carrying out gambling is useful as a reference for which is better and which is worse and we must be disciplined and careful in applying these methods.

It is well known that casinos have the big advantage, no matter what games we played, that how it's been and that's who casinos are making money. But it doesn't mean that gamblers are not winning, there could be days that we have the advantage, maybe at a given night a lot of big bettors and whales win. But still though, once in a blue moon and the next day the casinos will win. I even have that thought that when casino's see in their book that they are losing, they could have adjusted for example their slot machines to not give huge payout in the next couple of days to recoup. But that was just me and my imagine,  Smiley

 
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April 18, 2024, 09:32:30 PM
 #234

It's obvious that casinos makes more money than players if they are actually operating.
The primary one is to keep the client playing, provide him with a tool to kill time and feels some excitement. That's the psychological aspect that makes gamblers go back, even though deep inside they know they're losing money.

Casino always win long term as long as they are operating and there are players who are willing to take risk as oppose to what why are holding or offering. Imaging the commission costs or transaction fees, that alone makes them profitable or go breakeven to continue operating. The drinks and food inside that too. Casino as a whole not only the machines or games. Thinking about online, it's the advertisements and having VIP players. With the game itself, over a large sample size, the casino always wins because of the game of probabilities.
don't really understand the whole gist here because the statement is contradictory in indecencies you are emphasizing on casino so I know quite well that Casino is a gambling and whosoever that is operating with Casino is taking a risk on its own because there is every possibility and the probability that the person might win the casino or not so that is why I said that I don't really comprehend your point of view so make your statement to be more clarify for the readers to read and the comprehend exactly your point of view

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April 18, 2024, 09:37:21 PM
 #235


Yes, that way gamblers always hope for lucky opportunities, right? because gamblers feel that casinos have a big advantage, namely being able to make a lot of money so that gamblers continue to play casino games without thinking about something that will be very detrimental to the gambler if the gambler just hopes and hopes.
Learning to apply a system of methods in carrying out gambling is useful as a reference for which is better and which is worse and we must be disciplined and careful in applying these methods.

It is well known that casinos have the big advantage, no matter what games we played, that how it's been and that's who casinos are making money. But it doesn't mean that gamblers are not winning, there could be days that we have the advantage, maybe at a given night a lot of big bettors and whales win. But still though, once in a blue moon and the next day the casinos will win. I even have that thought that when casino's see in their book that they are losing, they could have adjusted for example their slot machines to not give huge payout in the next couple of days to recoup. But that was just me and my imagine,  Smiley

Gambling is not a charity field that can provide financial assistance to all gamblers who need money, however gambling is a business for casinos that as a whole moves to benefit themselves, and usually the target of casinos is gamblers who are excessive or wrong in understanding what gambling is, because I think it is not uncommon for us to find gamblers who have the intention and purpose to earn in gambling that there are even some of them who assume that gambling can change their lives for the better or rich in instant time.

All of these ideas come out because they do not know and understand what the bookie actually establishes a casino. On the other hand yes it is true that although overall gambling is to benefit the casino but it does not mean that the gamblers will always lose, still in the end all gamblers have the opportunity to win and the possibility to lose which may be the difference is in terms of the number of wins and the number of losses but what we must understand here is that there is absolutely no guarantee and certainty that can make you win at the end of the session, and also winning always depends on your luck in running the session while losing is a sure thing because it is not easy to always be in a lucky situation. All in all, I agree with your imagination here that simply put in 10 sessions you will most likely only manage to get 2 - 3 wins and the rest are losses and look at how unbalanced the wins and losses are which means that your number of losses will always be greater.

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April 18, 2024, 09:41:51 PM
 #236

First thing we need to acknowledge is that, as long as the casino have the house edge advantage, there will always be at advantage over the gambler and that is the reason their are still in business, and as a matter of fact casino are revenue oriented and for such will always put system in place to check whatever method that will always put tham in profits.
Yes, that is the decisive factor which keeps gambling profitable for the casino on the long run against players. The house edge is what keeps the industry sustainable and running, otherwise casinos would be in serious danger of going bankrupt in case players faced a strong wave of winnings, potentially having many positive outcomes on long run, since there would be a 50%/50% winning chances for both sides, casinos and players.

The fact the casino has 1% or 2% extra chances of winning makes total difference, although on short run it doesn't look a big threat for gamblers, and that is where many commit the mistake of keep playing thinking they can overcome or defeat the house, because a tiny percentage like that looks inoffensive. The point is that the more they play, more likely is that 1% extra chance the casino has against them will make total difference, especially considering larger bets, after a long loss streak.

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April 18, 2024, 09:43:31 PM
 #237

Casinos tend to win more than individual gamblers overall, as they have a built-in advantage known as the "house edge" in most games. This ensures that, on average, the casino profits over time, even though individual gamblers may experience wins in the short term.
I want to understand the point you made concerning individual gambling or individual gambler casino is one of the option of gambling which I know quite well that any gambling have to deal with the risk measure which there is every possibility that you might gamble and lose whatever you place as order then you may also Gamble and win unexpectedly so casino gambling is not different from other gambling from my own understanding of Casino and they also other kinds of gambling as usual so the risk that is involved in both of them is the same, I have not seem advantages in casino gambling that's not in another gambling.

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April 18, 2024, 10:01:03 PM
 #238

It's obvious that casinos makes more money than players if they are actually operating.
The primary one is to keep the client playing, provide him with a tool to kill time and feels some excitement. That's the psychological aspect that makes gamblers go back, even though deep inside they know they're losing money.

Casino always win long term as long as they are operating and there are players who are willing to take risk as oppose to what why are holding or offering. Imaging the commission costs or transaction fees, that alone makes them profitable or go breakeven to continue operating. The drinks and food inside that too. Casino as a whole not only the machines or games. Thinking about online, it's the advertisements and having VIP players. With the game itself, over a large sample size, the casino always wins because of the game of probabilities.
Above all, casinos remain the winner here, and I mean in all ramifications because a whole lot of things are in their favour. They can wire any game in their favour as long as it is a casino game, and they may charge you fees for games played, for deposition and withdrawal, and they can charge commission where applicable as well. They can even determine the fees at which they use to credit your cryptos, so it is a win-win for them. But I believe you take it far in your own explanation about the food, drinks and other extras, and with the way I see it with the main OP, he did not necessarily talk about the brick-and-mortar style of casinos that you are trying to refer to, that's extreme.

I believe it is basically about online crypto casinos which will also surely have all the opportunities over their customers in my view. At first, it might be difficult for casinos, but later when they are getting more popular, they will have enough money from the losers to pay the little winner and not continue to pay the winners from their own pockets. Over time too, this will stabilize where at least 75% of the winnings go to the pocket of the house, while the winners keep the remaining. This could even be adjusted more in the favour of the house with some casinos, so I do not see any chance of the gambler winning them in the long run. Though the good and lucky gamblers will win often, it doesn't matter, the house is still the boss. If not, the casino business will not be as lucrative as it is now.

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April 19, 2024, 04:57:48 AM
 #239

First thing we need to acknowledge is that, as long as the casino have the house edge advantage, there will always be at advantage over the gambler and that is the reason their are still in business, and as a matter of fact casino are revenue oriented and for such will always put system in place to check whatever method that will always put tham in profits.

Yes, that way gamblers always hope for lucky opportunities, right? because gamblers feel that casinos have a big advantage, namely being able to make a lot of money so that gamblers continue to play casino games without thinking about something that will be very detrimental to the gambler if the gambler just hopes and hopes.
Learning to apply a system of methods in carrying out gambling is useful as a reference for which is better and which is worse and we must be disciplined and careful in applying these methods.

It is well known that casinos have the big advantage, no matter what games we played, that how it's been and that's who casinos are making money. But it doesn't mean that gamblers are not winning, there could be days that we have the advantage, maybe at a given night a lot of big bettors and whales win. But still though, once in a blue moon and the next day the casinos will win. I even have that thought that when casino's see in their book that they are losing, they could have adjusted for example their slot machines to not give huge payout in the next couple of days to recoup. But that was just me and my imagine,  Smiley

People who are addicted to gambling will have thoughts like what you said, namely that the casino is a very profitable place for gamblers with the winnings they will get and the addicted gambler continues to place bets to play because in his mind he is sure he will win. quick.
And in reality it is the host who will win and does not want to lose there, meaning it is the host who will determine the decision to win or lose for the gambler.

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April 19, 2024, 05:08:41 AM
 #240

The business model of a casino is making money from their customers, there's no source of income that the casino can earn.

Actually they're the one who give a lot money for other people/entity, it could be hiring a marketing, become sponsor, advertising, run a contest etc etc. Unlike popular brands who make money from multiple income sources e.g. their product, promoting other brands, collaborate with other people etc.

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