Who's winning more casinos or gamblers?

[retreat]

So the casino remains the biggest beneficiary, right?

Of course yes, if the casino is not the most profitable party why would they open a casino business in the first place? No matter how much money players make, the casino will be the one who gets the most money, because they are a business, and the goal of business is to get as much money as possible from their customers.
They not only earn money from money deposited by users, but also game odds, food and drinks, game volume, etc., try to combine all of that, how much money can they get from their business.

[blckhawk]

Definitely the casinos because if they're not winning then casinos would've been a thing of the past plus most people that get into casino business are devious people that wouldn't blink or shed a single tear even if someone were to bet their whole life savings to a bet that they thought is going to bring them the win that they've been looking for in awhile now. Maybe on an individual level, we can say that gamblers are winning more but in terms of profitability in gambling, I'd say that the billions of dollars that the casino owners is enough to settle the debate on which side always wins, there's a saying that the house might never win always but it will almost always wins eventually.

[Accardo]

The most realistic house edge is around 98% the gambler takes only 2% of his wagered money. Casinos generates lots of money across the world, and the players are just given a tip of the iceberg. That's the game, and the players need to stay prepared not to lose much to the casino. Players who want to win more than the casino, fetches most of the money for the casino. Thereby, helping the business to move for more people to participate. However, gamblers are not expected to go for the money, since they are aware of how casinos operate.

[Z390]

The reason why there are not so many casinos in your street right now is because it requires a lot of money to start the business, mind you, this is one of the most lucrative business in the world, if done the rightful way, you have no idea how much a casino is making per day when they have good numbers of customers.

If it's easy to start up a casino business everyone would have become a casino owner, the requirement is what's stopping majority of people, it's not easy, but if you can pull it off in a right way you will make crazy amount of money, every day will be a blessed day for you and your families.

Casinos generate more money than gamblersz and they are on the safest side, this should be enough for people to be careful with gambling, casinos are sure that betting on luck won't always favour the bettor, with that, they will be able to make a lot of money, from those buying their fantasy every day.  

[bakasabo]

I think OP is not familiar at all with how casino work. Casinos earn from every bet. Either you win or lose, the casino will take a tiny part of it. Look at the casino not from a place where you can win or lose money, but as a intermediary, that take a bite from any food that comes through it. In particular, it does not matter for the casino if a gambler came and won a thousand from one dollar bet with first try, because before that they have take a cent from millions and millions of bets that others have made.

[bitbollo]

this is one of the few questions where the answer is obvious. and it's a topic I always repeat when we talk about gambling.
you can certainly win, but in the long run, the more you play (compulsively) the loss of money and lack of fun is practically certain.
just look at how many gambling companies are created and how many profits they achieve every year

[Jody.Drummer]

The casino can pay $1 Million winnings to the gambler, but people didn't know the casino already make $10 Million profit from the gambler's loss. Don't underestimate every $10 you lose for gambling, if there are 1K people like you, the casino already make $10K gross profit.

So it's the casino that winnings more, that's why bankroll investment is more make sense to make money than gambling.

The idea of your statement makes sense in this case, casinos take advantage of all gamblers, which of course is like what you said, if there are thousands of people who lose even $10 then it is clear that if you calculate it the number is very large, and one of the reasons why casinos can pay for the winnings achieved by the gamblers because their profit income is much greater than the expenditure to pay the winning gamblers, and this losing cycle does not only happen once or twice for one person but it is very frequent if they are gamblers who quite active and this means that the amount of profit that the casino manages to get is very large.

With this it is clear that the aim of the bookie in creating or establishing a casino is to benefit themselves and not the gamblers, therefore we often hear from several people who have proven that losses occur much more often than wins which will only happen occasionally when you being lucky. Logically, if there is no profit for the casino then it is clear that most of the casinos will not be able to survive this far in running their business, and the reason is because this business is very profitable for them, and also now we know that it is the casino that makes more profit, so if you gambling excessively and not being able to set limits at all is the same as you enriching the casino.

[piebeyb]

That's what makes this business very tempting so don't be surprised if lots of casinos appear because this profitable business competition is what makes people want to build their own casinos, we all know that casinos will never go bankrupt as long as there are still lots of active gamblers there because they spin money. they are in the casino so that the casino manages the circulation of users' money well, without having to spend money to pay them, in fact their money is rotated for other users.

What you say is true, that there is a circulation of money in it so that the casino will not run out of money as long as there are still many people gambling there. Unless the casino is relatively quiet, it will usually go bankrupt by itself. Why is that because there is no money coming in to play in it, so the casino they only lose when they don't have active gamblers, that's why to provide comfort for their users to continue actively gambling they always give lots of bonuses or some kind of cash back, including VIP bonuses for loyal users and others.  

[davis196]

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?

Recycling the money the players have invested? This is the weirdest way to explain how a casino works. First, betting money on gambling games isn't an investment and second, the casino doesn't "recycle" money. It just makes money out of all lost bets.
Yes, the casino always wins in the long run. I don't know why did you make this forum thread. If the gamblers were winning more, the casinos would simply go bankrupt. Gambling is a zero sum game, just like trading on the financial markets, but the risks are way higher(the risks are for the gamblers, not for the casino).

[Doan9269]

As there is always a house edge winning over a gambler, we should just take it as it is that we often loose than we win when gambling and i don't think that this should be a problem onus since we are well aware that gambling should be for fun, when gambling, we should avoid being too desperate for a win, this will shift our focus on the fun benefits and advantage we had in it to how much we are able to derived from it.

[Porfirii]

-snip-

Yes, the casino always wins in the long run. I don't know why did you make this forum thread. If the gamblers were winning more, the casinos would simply go bankrupt. Gambling is a zero sum game, just like trading on the financial markets, but the risks are way higher(the risks are for the gamblers, not for the casino).

That't it. The casinos always win, that's their business; and the gamblers, well, the gamblers gamble, there is no better definition.

Who's winning more, then? generally speaking casinos win more. There are a few cases, though, in which a few very lucky players win extraordinarily big prizes, and in these cases maybe the gambler is winning more than the managers of the casino itself, but by risking more than them too. But in the long run and following the theory of big numbers, the house always wins.

[coin-investor]

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 just have to check the Gambling section of this forum to see the new casinos creating their announcement not to mention all the new casinos that prefer to promote on advertising networks and casino review sites.
The casino industry is a multi-billion dollar industry, two decades ago online casinos did not exist but now they are the top online businesses that generate multi-billion profits it's a steady climb of these online businesses, every businessman's dream is to create an online casino and to have a slice in the market I think the conception of Cryptocurrency have helped the popularity of online casinos.

Gamblers will continue to gamble and there are new gamblers daily looking for a casino to play, they don't care if they can make money from gambling all they want is to play regardless if they win or not, so between gamblers and casinos it is obvious who's winning between the two.

In 2019, the entire industry grossed $45.7bn worldwide, according to a Statista survey. A year later, this figure jumped to $55.1bn and continued rising. Statistics show global online gambling revenue has grown by an average of 20% in the past four years before reaching $95bn in 2023. Statista expects the entire market to continue seeing double-digit revenue growth in the following years and hit a $117.6bn value by 2025.

Online Gambling Industry Doubled in Four Years and Hit 176M Users and $95B in Revenue in 2023

[/url]

[Lanatsa]

-snip-

Yes, the casino always wins in the long run. I don't know why did you make this forum thread. If the gamblers were winning more, the casinos would simply go bankrupt. Gambling is a zero sum game, just like trading on the financial markets, but the risks are way higher(the risks are for the gamblers, not for the casino).

That't it. The casinos always win, that's their business; and the gamblers, well, the gamblers gamble, there is no better definition.

Who's winning more, then? generally speaking casinos win more. There are a few cases, though, in which a few very lucky players win extraordinarily big prizes, and in these cases maybe the gambler is winning more than the managers of the casino itself, but by risking more than them too. But in the long run and following the theory of big numbers, the house always wins.

Of course there would really be still those huge winners or someone who do hit up those jackpots just to make it look legit and something that could boost up gamblers emotion because on the time that they would really be seeing that there are lots of losers and only few winners or even doesnt hit up some nasty jackpot then they would really be surely lose their morale or their dedication to play. This is why there would really be those winners and there would really be those losers. It is really just that the ratio in between sides are really just that too far gapped and this is something not shocking.

This is why on the time that you do gamble then you shouldnt really be making yourself that anticipating on becoming a winner or someone who do make profits in sure manner.
Dont make yourself that too optimistic on things because once you do have that kind of mindset then it would really be just that making you desperate.
This is why it would really be that best that you should really be having that realstic approach and would really be acting out accordingly on what are the things that you should really be doing.

[angrybirdy]

this is one of the few questions where the answer is obvious. and it's a topic I always repeat when we talk about gambling.
you can certainly win, but in the long run, the more you play (compulsively) the loss of money and lack of fun is practically certain.
just look at how many gambling companies are created and how many profits they achieve every year

Well, I haven't read much here about this topic or maybe it's just covered by new topics? Anyways, So some people ask because they are curious as to who actually earns more? The answer is really obvious, but considering the payment of tax, rental spaces, employees rate and other utilities expense, we are not sure who is making more money, right?

[rahmad2nd]

~~

So the casino remains the biggest beneficiary, right?

We can say that a casino platform is a service provider, however, it is not easy to establish one or even build a reputation until it becomes big.  apart from the initial logistics that they invest, there are various mechanisms that are not as simple as we think and are not as easy as playing every game or feature that the casino provides. so, we have to draw out the common thread first, so that we know how this process works and becomes a profitable business. apart from that, tax revenues for local governments and so on. so, in essence, it is not as easy to set up a casino as we imagine. For every profit generated, part of it will be allocated according to its function.

Well, now we refer to the title of the thread and the content of what you said in this post. it can be said, what is said can be justified. however, it's actually not as simple as you say, IMO. besides, I don't know exactly how to explain it properly. because, I am not part of the officials or someone directly involved with a casino platform. well, if you refer to it as you said "So the casino remains the biggest beneficiary, right?" yes and no. I don't know for sure, but it is clear that this business is very profitable. and don't forget, that there is a budget that must be allocated for other things, including taxes.

[Zoomic]

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?

Both the casino and the gamblers have an equal share of losses and profits, so it is quite difficult to know who benefits more between this two. A casino whether online or not is just like every other businesses out there.  Profits can come from rich irresponsible gamblers who place huge bets and lose consecutively. That is a huge win for the casinos but It is not all the time they get to take good profits from the losses of their customers (gamblers), casinos too experience losses from too much cost of operation and sometimes losses arising from getting to pay a gambler a huge amount that is way beyond the casino's capacity, especially if they don't have enough customers to compensate for these expenditures.  Casinos actually do go bankrupt, successful casinos have put in lots of resources to see to the success of their business.

Gamblers too are not left out. Winnings don't come all the time and when it finally comes, it might take a long while to record another win. Gamblers actually do make huge wins from gambling but many others aren't just lucky. We can't really tell who benefits the most between the Gamblers and the casinos but we do know both have their challenges.

[slapper]

Casinos make money, not charities. They play to make money, not give it away. They make it by the truckload. Simply put, this is about the house edge, not recycling money. Every bet and game is structured to favor the house. Suppose the casino never loses. That's not just a statement; it's true. They've optimized the lighting, noises, and odds to win. Big successes we hear about? They're bait to keep you playing for the big prize. Who wins more? It's not gamblers. Casinos, hands down. Profiting has become a science. As for us? We play their game, sometimes up, sometimes down, always at a disadvantage. The pill is hard to take, but we must.

[borovichok]

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?

The balance of wins and losses between casinos and gamblers is not equal, with casinos generally earning a profit over the long term. Casinos operate on the principle of having a statistical edge in the games they offer. This advantage is built into the rules and odds of the games, ensuring that over a large number of bets, the casino will profit. The statistical edge varies depending on the game and how it is played, but it is always present to some degree. For example, in American roulette, there are 38 possible outcomes (18 red, 18 black, and 2 green). If a player bets on red or black, they have a 48.65% chance of winning (18/38). However, if they win, they are only paid out at even money (1:1), meaning they get their original bet back plus the same amount as their bet. This results in a house edge of 5.26% (38/700 - 1) for this particular bet. Over time, this small edge adds up, allowing the casino to earn a profit from these wagers.

Even though gamblers can adopt strategies like card counting in blackjack or searching for looser slot machines to potentially increase their chances of winning, these tactics do not eliminate the statistical edge. In addition, casinos often take measures to counteract advantage players or tighten slot machine payouts to protect their bottom line. This ensures that they are more likely to earn a profit than gamblers in the aggregate. The fact that the casinos are winning in the cold war is why they are still in business and even expanding.

[skarais]

~~~

Of course yes, if the casino is not the most profitable party why would they open a casino business in the first place? No matter how much money players make, the casino will be the one who gets the most money, because they are a business, and the goal of business is to get as much money as possible from their customers.
They not only earn money from money deposited by users, but also game odds, food and drinks, game volume, etc., try to combine all of that, how much money can they get from their business.

Not all casinos make big profits even though they have the same idea in this business. Some of them have to lose because of the large number of winnings that need to be paid, while other times they make a profit. I'm not talking about casinos that have high site traffic, but I can imagine that some of the new casinos that are starting to struggle in the industry will have to go bankrupt and stop their activities.

So if someone assumes that casinos never lose, then be sure that they are not completely right and not completely wrong. There are many casinos that lose and are unable to pay out gamblers' winnings, they damage the reputation they have built, but there are also casinos that are hugely successful and able to survive in the industry in the long term.

[moneystery]

Casinos make money, not charities. They play to make money, not give it away. They make it by the truckload. Simply put, this is about the house edge, not recycling money. Every bet and game is structured to favor the house. Suppose the casino never loses. That's not just a statement; it's true. They've optimized the lighting, noises, and odds to win. Big successes we hear about? They're bait to keep you playing for the big prize. Who wins more? It's not gamblers. Casinos, hands down. Profiting has become a science. As for us? We play their game, sometimes up, sometimes down, always at a disadvantage. The pill is hard to take, but we must.

i agree with you, casinos are businesses and their goal is to be able to make money from the businesses they build. they develop games with algorithms that benefit them, and various other things to make them more money. so who benefits from the start is the casino, no matter how hard the players try to get money from the casino.