Who's winning more casinos or gamblers?

[RockBell]

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.

For me, I will say both the casino and the gambler because if both of them are not making money that is why casinos are still available and gamblers are also gambling they are both benefiting from each other and it is good that way because aside gamblers benefiting from casinos, the society is benefiting because they are paying tax to the government and the money is used to establish something that will benefit the society, but people are always fond of misusing everything that is the same thing that is happening with gambling, they misuse it in the sense that they want to make money from it at the expense of losing everything and they don't even care, all they want is they want to make money from gambling. casinos are making money too in reality and at the same time people are winning and people are always losing and people that are losing are more than people that are winning, so to me, everyone is still benefiting my problem is that are addicts.

[1714882149]

1714882149

[1714882149]

1714882149

[1714882149]

1714882149

[Wexnident]

~

What you said OP, and together with something similar to a service fee called House Edge, is why the casino always wins. Otherwise, you wouldn't even see a casino being a viable business without such a thing since they'd pretty much bankrupt whenever someone wins big which can be rare, but it can happen. And with how most people rarely win, they pretty much have enough funds to support in the case that someone does actually win big later on (though I reckon they already have said funds at the start just in case).

In the first place comparing a casino, who's aim is to profit in the long term, to a gambler, who's aim is to get lucky to profit all at once, is stupid. They both have different goals and different ideologies in terms of "profiting", if you can even call gambling as one in the first place even.

[aioc]

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.

If you check the stats on casinos there are more losers than winners the stats always favor the casino, its a fact so never dreamed of beating the casino in their own game and their own house just be satisfied with your winnings don't aim to high.

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.

The only time the casino loses is when players are moving to other casinos, which is why casinos should continue to market their platforms, those who can market their platform effectively like signature campaigns and banner posting are likely to lose players, and when there's big issues about the casinos that they can not resolve like a legit complaint, the players will stop playing and transfer to other casino, to avoid experiencing the same situation.

[ethereumhunter]

The casino get the biggest money and enjoy the winning. Many gamblers will lose their money, especially if they can't control themselves in gambling. One by one, those gamblers will feel the lost and will become bigger if they can't realize. Yes, we agree the casino never loses. This matter need concern from many gamblers so they can change his minds not chasing the winning and just enjoy their free time to gambling.

Yes, we can win but if we can't hold ourselves by quitting gambling and just continue to gamble, sooner or later, we will lose all of the money. At that time, we will only regret it because of our greediness tempt us to chase the bigger winning. If you can't stop yourself after losing some money, you will be the next gamblers who lose all money in gambling.

[Hewlet]

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 reason why casino gambling still exist year after year is basically because they are still making profit out of the business and profit only suggest that you're on the winning side. What Makes it look as though thier win is unsustancial is basically because  some gamblers are winning while others might b loosing but at the end of the day the casino owners are always on the winning side.

[bettercrypto]

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 think it's not just thousands of dollars that enter the casino; it's millions of dollars, as far as I know. And when the management of a casino platform is good, that's really what happens in the cycle of a casino platform in this industry.

The money paid by a house or casino actually comes from the money of gamblers. That's why it seems like nothing comes from the casino owner's own money, and that's the reality that happens in the world of gambling.

[EarnOnVictor]

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 reason why casino gambling still exist year after year is basically because they are still making profit out of the business and profit only suggest that you're on the winning side. What Makes it look as though thier win is unsustancial is basically because  some gamblers are winning while others might b loosing but at the end of the day the casino owners are always on the winning side.

There is this saying in gambling that "You can't win the house." This is not a lie because you can't expect someone or a group of people to establish their gambling business and expect them to lose. If they lose, it can only mean that they will pack off the business and bury their heads in shame. What do you think they will answer people if they ask them why they failed in gambling if it's about the winning of their customers that sends them out of the business? Well, those who are entering the gambling business are not foolish, and the huge gains they are recording can only explain why there are so many of them these days.

Every year, if not not thousand, I am sure that hundreds of new casinos or close to such would be registering, which could only mean that they are gaining in the business. Because no one will just venture into a business that is not lucrative for them, they would have done their feasibility studies to know the worth before they risk their money on it. So, someone would now expect them to be losing? That's not possible. Casinos are wired in favour of the house, though people will be winning as well, but it can't be as much as people would now win more than the house. I suspect the sharing formula of 75%/25% in fair casinos. Though this can't be the measuring standard, however, depending on the casinos, it's still very okay because they will have a lot to spend money on while making sure that their customers get the best service possible on their gambling platform, even as they treat their partners and employees nicely for smooth running of their business.

[Poker Player]

It is like asking which is warmer, the sun or the ice at the North Pole. Of course casinos earn more, but for nuance we could say that it is not easy to set up a casino, otherwise everyone would do it, because it requires a large capital to start, and it is not easy to run because you can also go bankrupt. If you have the capital, you put the effort and you hire competent people you will have a cash cow but this is within the reach of few. What happens sometimes is that a big whale comes along and has a good run that makes you lower the bankroll you have, but in the long run a casino that is moderately well managed is very profitable.

[DubemIfedigbo001]

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.

There's a discipline that the physical casinos displayed in those days. When they sense that a lot of people are now mastering their algorithms, they change the software in form of CD plate back then, These Casinos should have that practice, they should have more than one APIs that feeds their gambling platform, switching between them will neutralize any form of familiarity with the gamblers.

Naturally, even the physical casinos I used to patronize before switching to online have not been reported to be at loss, so I'm just surprised to read in the comments sections that casinos actually suffer loses to the extent of bankruptcy. When they suffer loses, a  pepper review should be done on their software to limit the chances of a win, else they would be out of business ASAP.

[Slow death]

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.

For me, I will say both the casino and the gambler because if both of them are not making money that is why casinos are still available and gamblers are also gambling they are both benefiting from each other and it is good that way because aside gamblers benefiting from casinos, the society is benefiting because they are paying tax to the government and the money is used to establish something that will benefit the society, but people are always fond of misusing everything that is the same thing that is happening with gambling, they misuse it in the sense that they want to make money from it at the expense of losing everything and they don't even care, all they want is they want to make money from gambling. casinos are making money too in reality and at the same time people are winning and people are always losing and people that are losing are more than people that are winning, so to me, everyone is still benefiting my problem is that are addicts.

It is known by most people that in games of gambling people coming out with a profit are low, if we put 1000 people playing for 10 years, after 10 years we ask how many people came out with a profit, and when I talk about coming out with a profit I mean I mean the person makes calculations of how much money they deposited in the casino during the 10 years, how much money they lost during the 10 years and how much money they won during the 10 years, so when the person looks at the money they won minus the money they lost they will see if they are with profit or loss. but it is a fact that of those 1000 people only less than 20 people would make a profit after 10 years of playing, few people truly understand that in gambling they will hardly be able to make any profit

Now if we set up 1000 casinos and operate them for 10 years and after 10 years we ask the owners of the 1000 casinos how much loss they made and how much profit they made, the answer will be that more than 900 casinos made profits, so we make a comparison of 1000 people playing for 10 years and only 20 made a profit compared to 1000 casinos that operated for 10 years and more than 900 casinos made a profit. We can easily see which party is really making a profit, the casinos, the betting houses are the ones that make the most profits in the market. gambling, while players are losing, even with losses they will continue playing because they have hope that one day they will be able to win a lot of money

[hedgeh0g]

It is like asking which is warmer, the sun or the ice at the North Pole. Of course casinos earn more, but for nuance we could say that it is not easy to set up a casino, otherwise everyone would do it, because it requires a large capital to start, and it is not easy to run because you can also go bankrupt. If you have the capital, you put the effort and you hire competent people you will have a cash cow but this is within the reach of few. What happens sometimes is that a big whale comes along and has a good run that makes you lower the bankroll you have, but in the long run a casino that is moderately well managed is very profitable.

I agree with you, if the casino was not profitable, how would it be able to operate and bear the obligation of bills and daily expenses. There is even an expression that sounds very funny: If you entered the casino, then you have already lost. Of course, this cannot be applied to all players, because of course there will be those who can win, but whether he can keep this winning and bring it to the same casino to lose is the main question.

I also remember that gambling income is constantly increasing from year to year, except for the coronavirus year. This means that more and more players are losing their money, so these statistics completely answer this question for us.

[Onyeeze]

It is like asking which is warmer, the sun or the ice at the North Pole. Of course casinos earn more, but for nuance we could say that it is not easy to set up a casino, otherwise everyone would do it, because it requires a large capital to start, and it is not easy to run because you can also go bankrupt. If you have the capital, you put the effort and you hire competent people you will have a cash cow but this is within the reach of few. What happens sometimes is that a big whale comes along and has a good run that makes you lower the bankroll you have, but in the long run a casino that is moderately well managed is very profitable.

I agree with you, if the casino was not profitable, how would it be able to operate and bear the obligation of bills and daily expenses. There is even an expression that sounds very funny: If you entered the casino, then you have already lost. Of course, this cannot be applied to all players, because of course there will be those who can win, but whether he can keep this winning and bring it to the same casino to lose is the main question.

I also remember that gambling income is constantly increasing from year to year, except for the coronavirus year. This means that more and more players are losing their money, so these statistics completely answer this question for us.

in normal circumstances whoever that is into casino gambling know quite well that casino gambling have a different strategies and it has advantages and the disadvantages which you may fall into the advantages and also may fall falls in into the disadvantages of it so that is the area or the dimension I always emphasize on that we should know our limitation in gambling and also know the statistics whenever we are into gambling because in Casino gambling there is no Assurance of winning that is no Assurance of losing so this are the two things that is involved in gambling

[DaNNy001]

It is like asking which is warmer, the sun or the ice at the North Pole. Of course casinos earn more, but for nuance we could say that it is not easy to set up a casino, otherwise everyone would do it, because it requires a large capital to start, and it is not easy to run because you can also go bankrupt. If you have the capital, you put the effort and you hire competent people you will have a cash cow but this is within the reach of few. What happens sometimes is that a big whale comes along and has a good run that makes you lower the bankroll you have, but in the long run a casino that is moderately well managed is very profitable.

I agree with you, if the casino was not profitable, how would it be able to operate and bear the obligation of bills and daily expenses. There is even an expression that sounds very funny: If you entered the casino, then you have already lost. Of course, this cannot be applied to all players, because of course there will be those who can win, but whether he can keep this winning and bring it to the same casino to lose is the main question.

I also remember that gambling income is constantly increasing from year to year, except for the coronavirus year. This means that more and more players are losing their money, so these statistics completely answer this question for us.

Sometimes it even amaze me to see that people actually ask these kinds of questions because the clarity to this is too vivid, if you are a gambler and you have a couple years of experience then you would definitely know that the number of people losing is wide against the few numbers making money.  Although I have heard of some people who actually can run a casino broke and even at that the casinos still find out their account and block them because they are using arbitrage system and I know of a close friend who even go to the extent of people creating accounts for him on this particular casino just to cheat the casino with his winning.

[Z-tight]

So the casino remains the biggest beneficiary, right?

Casino's make a lot of money, i don't know the in and outs of the business, but it is certainly not all profit for them, they also make losses that you probably don't see. Take note that many gamblers also win money daily, you just have to gamble responsibly like i always say, it is very difficult for an irreponsible gambler to make any profit, if you wager on a game and win, take the profit and do something else, to come back later, do not put every of your winning straight back into another game; there should be an interval between games.

[Odusko]

So the casino remains the biggest beneficiary, right?

Casino's make a lot of money, i don't know the in and outs of the business, but it is certainly not only profit for them, they also make losses that you probably don't see. Take note that many gamblers also win money daily, you just have to gamble reponsibly like i always say, it is very difficult for an irresponsible gambler to make any profit, if you wager on a game and win, take the profit and do something else, to come back later, do not put every of your winning straight back into another game; there should be an interval between games.

The house always wins but also we should not undermine the possibility of the gambler also winning, but not up to the house, and the big question is if gambling os not profitable, why then do people keep gambling,  and if the casino always takes it all why cant the gambler just give up.
I know the fun and also addictions are vital strongholds that hold the gambler to the casinos, or even the hope of winning is what keeps us going, but in all the business of the casino is to make profits and that is what keeps them in business,  so they will always have a way to generate that profits by all means possible.

[kenshi222]

For me, I will say both the casino and the gambler because if both of them are not making money that is why casinos are still available and gamblers are also gambling they are both benefiting from each other and it is good that way because aside gamblers benefiting from casinos, the society is benefiting because they are paying tax to the government and the money is used to establish something that will benefit the society, but people are always fond of misusing everything that is the same thing that is happening with gambling, they misuse it in the sense that they want to make money from it at the expense of losing everything and they don't even care, all they want is they want to make money from gambling. casinos are making money too in reality and at the same time people are winning and people are always losing and people that are losing are more than people that are winning, so to me, everyone is still benefiting my problem is that are addicts.

Actually the gambler and casino sites doesn’t make money at a same time.But both of them will make the money in some time for sure.Because when the gamblers loss,the money goes to the gambling site.If the gamblers won,they get the money from the gambling site.In this way both the money transactions will be balanced.In some games the gambling sites only get the transaction fee for the transaction between the two gamblers.They get some money for hosting the game between two gamblers.The society get benefits by the gamblers because of the taxes paid by them and to the government from any purchase even by buying land using the money from the gambling sites.The gamblers can make a profit or winning from the gambling site,if they try to misuse the same with the greedy.The gamblers will take big risk in the many games,it may leads to the gambling loss.So they will loss the money which they deposited in the gambling sites.So the less greedy people will earn more is the fact.

[Kelvinid]

So the casino remains the biggest beneficiary, right?

You don't need to ask because it is obvious that casinos earn and gain more benefits than us gamblers. That is why they exist and continue doing their business which simply means that they are profiting. Perhaps, it was already acceptable and sometimes we even can say that there is manipulation. However, we know gambling is all about having luck and our chances are very slim which really gives a bigger chance for the casino to earn a lot of money.

But why are people still gambling even knowing that we only have little chance of winning? We are not actually aiming to beat the house but gamblers are targeting to hit the jackpot prize. Some say they are doing this for fun which means that they will accept if they lose.

[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 .

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.

That's the point because after all its a business and in a business of course they don't want losses because after all they set up a situation for profit and of course they will win if they talk about profit because it is a certainty.

In the event that you've got a lot of time on your hands, you're going to want to make sure that you've got a good idea of what you're getting into.
The cycle continues to spin because after all we cannot stop such a cycle considering the gambling setting or those who do business in gambling are like that. So that no matter how much we win in the end we must realize that players cannot beat the bookie so that regardless of when we win or lose the bookie or site owner will still win and benefit from the games we play on the site or casino that they manage.

[madnessteat]

So the casino remains the biggest beneficiary, right?

You don't need to ask because it is obvious that casinos earn and gain more benefits than us gamblers. That is why they exist and continue doing their business which simply means that they are profiting. Perhaps, it was already acceptable and sometimes we even can say that there is manipulation. However, we know gambling is all about having luck and our chances are very slim which really gives a bigger chance for the casino to earn a lot of money.

But why are people still gambling even knowing that we only have little chance of winning? We are not actually aiming to beat the house but gamblers are targeting to hit the jackpot prize. Some say they are doing this for fun which means that they will accept if they lose.

Many people playing in casinos acquire the hope of winning. For some people, hope becomes much more important than winning, which is why we return to the casino again and again after another loss. In addition, while gambling we get the dopamine that our brain likes so much. In my opinion, these two factors make us accept the fact that the probability of winning a large sum in the casino is quite small.

[goldkingcoiner]

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?

Obviously the casino is winning more than the gamblers, otherwise the entire business model of a casino would not even work in the first place. So the question itself is a bit moot, don't you think?

House edge means that, mathematically, the casino will win more often when you look at the sum of all games played by the gamblers within a longer period of time. Thats just what probability does.

Although there is a subset of gamblers who win more often than the casino. But that is a very small subset.