Who's winning more casinos or gamblers?

[Stable090]

So the casino remains the biggest beneficiary, right?

Let me use the forum as an example. We are seeing different gambling sites coming to the forum to make advertisements. If casinos are not making money, then you think new ones will be created. Having a gambling site is just a business, if they are not profitable, they will have stopped it. I can say the gambling site owners are the ones that are always making cool money, they are the ones that are always having a higher percentage. That’s why they are always spending huge amounts of money on marketing.
 
If I will say, higher percentage of gamblers are always losing, and even if they are always winning, the amount of money they are always winning is not always much, just a few gamblers are always hitting the jackpot, and it’s not something that happens frequently.
 
If gambling sites subtract the amount of money won by gamblers from the amount lost by gamblers, any amount left is owned by them, and if we are honest, people losing in gambling are higher than people winning.

[1714895248]

1714895248

[Iroh]

The casino never loses isn’t necessarily true. They’ve been cases of casinos trying to wiggle out from paying out a huge win won by a gambler. If such payments are made, it could have a significant effect on the finances of the casinos hence the move to try and withhold payment.

But I would say the casinos are the biggest beneficiaries as they’re clearly in it to make money. They’re a business themselves and definitely can not afford to run at a loss. They’re in it to make profit and hence, would ensure they get theirs. If it’s not so profitable, why do we see new casinos pop up every now and then?(some with the bad intent to gather enough customer deposits to steal and flee).

[TravelMug]

So the casino remains the biggest beneficiary, right?

Of course, all advantages are with the casino, maybe they can lose to a whales in a single night, but definitely there are more gamblers that are losing big money too. And again, it's "house edge" - statistical advantage that the casino has over players in any game, slots, table games, roulette and others. So they are going to keep profits no matter what and it is expected that they will win against us in the long term. And that's why there are a online gambling casinos that are born and we have seen it's growth throughout this community. Also, there are gamblers every year, maybe in the thousands, so whatever casino losses, they can gain it back from new members trying their luck every day.

[Yaunfitda]

The casino never loses isn’t necessarily true. They’ve been cases of casinos trying to wiggle out from paying out a huge win won by a gambler. If such payments are made, it could have a significant effect on the finances of the casinos hence the move to try and withhold payment.

But it's rare that many bettors won in a span of 24 hours that might impact the position of the casino in my opinion. They might pay huge win, but obviously, in the next couple of hours they can get it back. And we have heard stories of gamblers winning huge amount and then losing it back to the casino in matter of minutes.

But I would say the casinos are the biggest beneficiaries as they’re clearly in it to make money. They’re a business themselves and definitely can not afford to run at a loss. They’re in it to make profit and hence, would ensure they get theirs. If it’s not so profitable, why do we see new casinos pop up every now and then?(some with the bad intent to gather enough customer deposits to steal and flee).

It's business after all, they are into it and making money from all of us. And I do agree that even in a competitive niche like this one, we have seen a lot of them joining and trying to get a piece of that huge pie, which is a billion dollar business. So in the end, it's us that are losing here, but then again, since time immemorial, gambling has been with us and it's part of human's history.

[Furious 7]

No matter how hard you try to deny it when talking about profit comparison its the bookie who always benefits every day compared to player  we must realize that our goals as player and bookie are different because we as players are just looking for fun and expecting luck in gambling but it is different from the bookie who makes gambling a business so it is certain that with this difference it can be seen who will benefit .

So in this case there is no need to look further because in plain sight we have also seen the differences that occur in this case which in my opinion does not need to be debated anymore because everything is very visible because it is definitely the bookie who benefits from the gambling we do .

[Ojima-ojo]

So the casino remains the biggest beneficiary, right?

Of course, all advantages are with the casino, maybe they can lose to a whales in a single night, but definitely there are more gamblers that are losing big money too. And again, it's "house edge" - statistical advantage that the casino has over players in any game, slots, table games, roulette and others. So they are going to keep profits no matter what and it is expected that they will win against us in the long term. And that's why there are a online gambling casinos that are born and we have seen it's growth throughout this community. Also, there are gamblers every year, maybe in the thousands, so whatever casino losses, they can gain it back from new members trying their luck every day.

The casino takes it all, at least that is how their system are developed to act and react to the market,  many time the house edge comes into play in many factors and at all games, i notice some unpleasant outcome of that in sportbets even though sport bet in not an in house games, the book makers still have hugh advantage over the gamblers.


For example last time i bet on a clubs to win, and after the bet i was already in winning right from the first half and up until 90 minutes plus i was a still in winnings which should have close my bet and give me winning,  but in the added extra 10 minutes, the other club was able to equalize the goal and the match ended un a draw, and the book maker refused to pay me and vioded the ticket as loss.

[decodx]

I've seen casinos go bust, their coffers emptied by lucky streaks that lasted too long.  The doors close the lights go out, and the party's over.  Meanwhile, other joints seem to do nothing but print money, the owners getting fat and happy off booming business. 

Of course, there is a house edge. But that doesn't mean that some lucky players can't beat the house after all.  You win some, you lose some - that's the way she goes in the casino business.  Goes to show this industry can be fickle for both sides.

[AmoreJaz]

No matter how hard you try to deny it when talking about profit comparison its the bookie who always benefits every day compared to player  we must realize that our goals as player and bookie are different because we as players are just looking for fun and expecting luck in gambling but it is different from the bookie who makes gambling a business so it is certain that with this difference it can be seen who will benefit .

So in this case there is no need to look further because in plain sight we have also seen the differences that occur in this case which in my opinion does not need to be debated anymore because everything is very visible because it is definitely the bookie who benefits from the gambling we do .

Absolutely yes! Because if they are not earning or on the positive end, they will go out of business. So players should accept the fact that if a casino or bookie is still surviving and doing their business, it means, they are generating good revenue. What is the reason why they will put up a business? Of course, to earn money and talking about good money or profits.

We don't need to look far on why casinos are winning over gamblers. Because that's their business. If the casino is not earning their revenue, then they won't survive and so where will gamblers play? This actually not a question anymore. If you try to beat the casino, then you may likely end up bitter at the end of the day because you won't, unless, you will hit the multi-million jackpot or at least hundreds of thousands of dollars of winnings.

[komisariatku]

So the casino remains the biggest beneficiary, right?

Yep, Casino is a company, as long as someone gambles in a casino, it won't go bankrupt. What makes casinos go bankrupt is when no one gambles there, when they spend a lot of money on promotions but no one gambles there. Just like other companies, what makes them go bankrupt is when no customers come

Of course, the one who benefits the most is the casino, their algorithm is definitely more profitable for the casino than the players

[Quidat]

No matter how hard you try to deny it when talking about profit comparison its the bookie who always benefits every day compared to player  we must realize that our goals as player and bookie are different because we as players are just looking for fun and expecting luck in gambling but it is different from the bookie who makes gambling a business so it is certain that with this difference it can be seen who will benefit .

So in this case there is no need to look further because in plain sight we have also seen the differences that occur in this case which in my opinion does not need to be debated anymore because everything is very visible because it is definitely the bookie who benefits from the gambling we do .

Absolutely yes! Because if they are not earning or on the positive end, they will go out of business. So players should accept the fact that if a casino or bookie is still surviving and doing their business, it means, they are generating good revenue. What is the reason why they will put up a business? Of course, to earn money and talking about good money or profits.

We wont really be thinking about this matter. Its not our business on how much they do earn. It all matters on how you would really be making  yourself to be in control on the time that you do gamble.
Of course they are really that making money and good revenue because if they arent then we arent seeing those charts rising up year by year and since it is really that rising which simply means that
it is really just that an easy money for them because of peoples greed and this is something that makes them longer on this business. So its not really that something new.
Its common sense that casinos are on advantage but actually we arent forced to gamble in the first place so i dont see it is right to blame.

[agustina2]

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?

Even though there will be lots of big winners on that particular day, it's not the situation every day.

Still, more gamblers are losing day by day fueling the gambling site's revenue and overall profit. But does it make sense to discuss that casinos are more beneficiary compared to gamblers? The casinos are businesses and gamblers are using the service. These are the partners in the ecosystem of a casino. Casino businesses won't spread and grow if it's not profitable in the long run.

[Jody.Drummer]

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.

Exactly my friend, the point is that the real profit is for the casino itself and not for the gamblers, and logically no casino would be able to survive this far if basically gambling can really provide someone with income, and maybe we have often heard and seen the fact that losses are much more common or dominate than wins and that means your losses are profits for the casino and that's what casinos are really looking for.

So this is the reason why as you said that it is better and indeed more advisable for anyone to make gambling nothing more than a place to find entertainment when you have boring empty time, because after all the idea of making money by gambling will never work considering that the purpose of establishing casinos is to make profits for their own industry and I think there are also many cases or incidents that we can make evidence that when someone is too serious in their gambling activities based on the aim of "earning" then they usually end up suffering a lot of financial problems whether it's getting into debt or running out of all the assets they have.

But unfortunately most people who have just come or beginners they misunderstand what the odds mean, they think that it is very easy to realize the chances of winning in gambling when indirectly it is actually just a temptation so that gamblers can act aggressively or excessively in terms of pursuing something that actually does not have any certainty at the end of the session. So in essence, I hope that whoever it is, especially those who are new to gambling, will look at various sides rationally and consider it carefully before it is too late and regretful.

[topbitcoin]

Of course, a casino also has and implements a system that regulates how a casino can still make a profit. And I think, even though a casino has given a number of big wins to its visitors, on the other hand the casino will also still make a profit. Because this is one of the promotional strategies carried out by the casino to attract new visitors so they can bet at their place. why is that, because later the winner will indirectly help promote the casino he visited by telling about his win to the people closest to him or those around him, so that the win will become a word of mouth story which makes the casino even more popular and make other people interested in visiting it. Especially in today's digital era, and with the addition of cyberspace, information can spread quickly and become viral.

A casino can never lose, because they are in control and have a set of rules for their visitors. where this rule was deliberately created to generate profits from casino visitors. So it is mandatory for us as casino visitors to gamble appropriately, namely by not expecting too much and pursuing profits by gambling, because after all that is not possible unless we are really lucky to get a big win.

[Casdinyard]

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?

Ever heard of the saying "The House Always Wins?" it's cause they do. Even when you win huge wads of cash. The thing is, the amount of people who win within the casino is for the most part controlled, but the amount of losers in a casino will always be at a massive disparity against those who win or breakeven against their bankroll. When you or someone else wins, you can bet your bottom dollar that not only will the casino have a piece of the proverbial pie that the winner's gonna get, they are also going to make sure that the losses they incurred from granting the winner their prize, they're going to get from someone else.

Which is why I don't really see how supporting a casino works, if anything the only benefit that you're ever getting from the casino is the variety of games to play against and the sense of security knowing that they won't dupe you out of yoru winnings (at least for the most part). Also partly the reason why I got into the gambling business in the first place. My friends marinated me into playing with them knowing that I don't really play back then. They painted the picture of us playing with each other and using the casino as a medium, and had assured me that it's just our money that's going to be played with. Could be the same for other people in here as well, especially those who got into the gambling world because a friend of them invited them to play.

[LUCKMCFLY]

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?

Of course yes, that's why the house Advantage exists , in fact the casino is Always going to Guarantee its Profits, in this Order of things have to be like this because it is a business, it is a business and therefore they are pre they will have that advantage that is something that we must see and analyze properly, for those reasons we as players, we must always see the best to do, in the casinos we must always be more astute and intelligent, because it is very easy for us As a player we lose money and that is not the idea, we have to consider and develop that type of compensation.

For that reason , every time we play and win we have to make a withdrawal when it is made at least the minimum because the money has to be felt, we do nothing by leaving it inside the casino because at any time it is not lost , that Everyone should know that the players that he dared to do something in the casino.

So in casinos we must be very Careful , money is the Only thing that Matters, in a Casino it doesn't matter how good we are at a game or how much we know and how we master it, for me what makes a person Successful It is that you Earn money and that you Leave with a positive Balance , and if not , at least that you save only the money that you have to lose and that's it, not that you leave without money totally Decapitalized and it is something worse and everything is a problem for your life, That's what you should avoid, at least things can happen that way and not think that the Cash Register is like an ATM.

Those who see the casino as a form of income are very Wrong , it is the worst Thing that can be thought of in Fact.

[Stepstowealth]

So the casino remains the biggest beneficiary, right?

Money means nothing to some gamblers, and to them the satisfaction they derive from gambling is enough benefit for them. The benefit from the services that the casino offers and the casino benefits from them from their patronage. The two parties are winning, so that is okay. The casino is providing a service, a form of avenue for fun, they deserve compensation, and that comes from losses of the gamblers. It is only gamblers who are focused on winning money that loose in gambling, for gamblers who just want to have fun, they win even when they loose money.

[danherbias07]

Yes, they are.
Just look at how much bonuses they are giving out during monthly and weekly bonuses. It may be worth millions of dollars if they have more than millions of players. Where do you think they will get that? From their own pockets? I doubt that.
House edge. Even if let us say 1% - 2% house edge on each casino game, that will still be a lot when combined and that's just the tip of the iceberg. There are sports bettors where high rollers are also playing, if you check the statistics and history of a gambling site you will see how much money is moving on every game.

Casinos will always be the winners in this business but you will not feel it as a player. Gamblers are on the path of trying to win against the house so whenever they win a small amount it would give joy to them but if we play longer, that's when this house edge will kick in. It was never meant to be felt by each gambler but there will be times you will definitely find yourself having difficulties winning at every casino game you will pick.

[Hispo]

In the end, even though casinos indeed have a very bin influx and outflux of money out their accounts, they will always remain as the biggest beneficiary of their activities, even if some gambler hit the jackpot in some rare occasions, most of gamblers lose money in the long term and those who do not are not very consistent gamblers (like those who would engage in it several times during the same month).
The successful casinos are more than just some institutions which recycle money or make it flow between winners and losers, as soon as they start to operate and stockpile some money, they quickly use those assets to build resorts or diversity their company, including restaurants, pools, amusement attractions, among other things...
Though, I have seen some exceptions with casinos which donate all their revenue to charity, in those cases there are not chances for the casino to expand, but even though they do not stockpile money, they won't go bankrupt.

You must remember blaming is a business and in the case of gamblers being the clients or costumers, then there is no way the business losses money. No one starts a company for them to lose.

[kenshi222]

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?

Casino games was based on the prediction,So the gamblers who want to make the money in the short period will choose the gambling casino games.Because the casino games was always unique one.If the gamblers had learned the game,it was the enough one,because the game should be remembered by the gambler till he use the real money.Some gamblers play the casino without the real money to learn the game.The experience gamblers use the free game in the gambling,the strategy in the gambling on the casino was more important one.The gamblers strategy will help them to make the money in the gambling site,to find the game the gambling strategy.The gamblers should apply the money to find out the strategy really work out the game win,if the gamblers find the extract strategies for the game should keep the strategy in their mind.The gamblers sometimes uses the gambling to recycle the money in the way to build their own money and try to multiple the money for 2-10x of their initial money used in the gambling site.The gamblers who made the money winning will be the star and acted as the example for the other new gamblers.

[Jaycoinz]

The casino never loses isn’t necessarily true. They’ve been cases of casinos trying to wiggle out from paying out a huge win won by a gambler. If such payments are made, it could have a significant effect on the finances of the casinos hence the move to try and withhold payment.

But I would say the casinos are the biggest beneficiaries as they’re clearly in it to make money. They’re a business themselves and definitely can not afford to run at a loss. They’re in it to make profit and hence, would ensure they get theirs. If it’s not so profitable, why do we see new casinos pop up every now and then?(some with the bad intent to gather enough customer deposits to steal and flee).

Well that might be true since there are actually running a business and in business sometimes the owners too themselves are accorded some degree of losses but like you said most times they are the ones with all the benefits and thats why there are more casino coming up everyday although am aware that there's also an handful of them claiming to be legit too but their intentions are actually to scam and leave their customers in the dark but even with that the loses are more with the gamblers than the other way round.