arimamib
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February 23, 2024, 09:42:06 PM |
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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. That is surely a fundamental truth about the gambling industry, its primary goal is to generate profit. Casinos and gambling establishments are designed to tilt the odds in their favor that ensures that over the long term, they come out ahead financially. The cycle of gambling, where players may experience wins and losses, ultimately benefits the house or the site owner. Regardless of individual outcomes, the odds are structured in such a way that ensures the house maintains a consistent edge. This is a fundamental principle of the industry. Players may experience temporary wins, but these are often offset by losses over time. The allure of potential winnings can sometimes cloud judgment that leads gamblers to continue playing in the hope of beating the house. That's why people need to approach gambling with a clear understanding of the inherent risks and probabilities involved. By recognizing that the odds are stacked against them in the long run, gamblers can make more informed decisions about their gambling activities.
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Jody.Drummer
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February 24, 2024, 02:24:23 PM |
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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.
That is surely a fundamental truth about the gambling industry, its primary goal is to generate profit. Casinos and gambling establishments are designed to tilt the odds in their favor that ensures that over the long term, they come out ahead financially. The cycle of gambling, where players may experience wins and losses, ultimately benefits the house or the site owner. Regardless of individual outcomes, the odds are structured in such a way that ensures the house maintains a consistent edge. This is a fundamental principle of the industry. Players may experience temporary wins, but these are often offset by losses over time. The allure of potential winnings can sometimes cloud judgment that leads gamblers to continue playing in the hope of beating the house. That's why people need to approach gambling with a clear understanding of the inherent risks and probabilities involved. By recognizing that the odds are stacked against them in the long run, gamblers can make more informed decisions about their gambling activities. Simply put casinos will never lose because they build and design their own systems that will be applied to several types of games that are provided for gamblers to play, while all gamblers play in all types of games that are provided by the casino with the opportunity to win and lose, I am not saying that gamblers will not win because after all casinos do provide opportunities for anyone to win but the problem is that getting a win will not be as easy as ending the session with a loss, and maybe we already know that most losses will occur more often than wins and the reason is clear as you said that casinos create gambling to benefit themselves and not gamblers. Yes it is true that gamblers only get temporary wins because in the end as many have happened that they put the winnings back into gambling which sometimes they also bring hope or increase hope and confidence to be higher to be able to get a much bigger win, one of the reasons is because you have also said that the attractiveness of gambling can cloud judgment and can also eliminate a person's level of awareness. On the other hand, the right understanding is something that is recommended to every gambler, but sometimes even though they already have the right understanding, it cannot be denied that in the end there are some situations that can make them forget about the actual concept of gambling which in the end they fall into gambling without applying any restrictions, but yes, this is gambling which is an activity that can stimulate the human brain and mind, so the solution is to apply firmness to risk management and also the understanding you have.
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maydna
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February 24, 2024, 04:20:38 PM |
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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.
Many people always hope of winning from gambling but only a few of them can really get their win. But when they always hope to win without realize that getting win is not easy, they will not stop their gambling activity before they win. Even if they can win, they will not stop and just continue playing gambling because they want more winning and at that time, they become greedy because hoping to get another winning. Yes, our greediness will comes and seduce us and tell us to continue playing gambling because we will have another chance to win. But that will not always happen as in the gambling, our chance to win is not bigger than the loss. We must realize this and always control our minds so our greediness will not posses us.
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Woodie
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February 24, 2024, 04:32:58 PM |
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The fact that we see Casino coming into this industry year in year out should tell you what kind of business environment is available. And another indicator to look out for is seeing for how long these casinos remain in business, had it not been a profitable business for these casinos we would have seen more shutting down more frequently . But a duel between casino and player is certainly a one way decision as the house always wins and they win always win this battle.
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panjul07
Legendary
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Activity: 3654
Merit: 1369
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February 24, 2024, 05:23:14 PM |
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I think this kind of question has clear answer, the casinos wins more because the house has an advantage against the gamblers due to its house edge of the games. Even if there is no house edge such as in PVP poker, the casino still win more than gamblers from the rake from each hand. I have no idea about the percentage to compare between the house and players, but I think only few percents players who can win make make a life change from gambling but still, the casino is still a profitable business. Lets say there are some big winners in a casino but the casino can cover it with the losses from many other gamblers.
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junder
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February 24, 2024, 05:30:32 PM |
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The fact that we see Casino coming into this industry year in year out should tell you what kind of business environment is available. And another indicator to look out for is seeing for how long these casinos remain in business, had it not been a profitable business for these casinos we would have seen more shutting down more frequently . But a duel between casino and player is certainly a one way decision as the house always wins and they win always win this battle.
why is there more and more casinos here maybe that indicates that this one business does make a profit and also I think the casino industry will always win, because the casino is the host, of course they set up the casino to make a profit from the many people who play at the casino..., Therefore I think the host party always wins in the stakes including with profits because it is impossible for casinos to establish this business but it is not profitable for them it is very impossible of course the casino's goal is to seek profit from many people, and with gamblings where this attracts many people because it has a big chance of winning makes many people want to gamble in the hope of getting a big win. the profit they get may be a lot of money. The benefits obtained by them may be a lot because in their casinos it is impossibles for only a few to gamble. and also with casinos that advertise bonus promotions or others of course it's not free they advertise it using funds but I'm sure the funds used to advertise it can be overlooked by the number of people who gamble especially nowadays there are a lot of people who gamble because they are interested in promotional advertisements or bonuses launched by the casino I think people who own casinos are smart because they take advantage of the large number of people because it is impossible from the many people who gamble at one casino that a large percentage of them get a win even the percentage who get a loss is more.
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kojektea
Sr. Member
Offline
Activity: 2352
Merit: 256
Vave.com - Crypto Casino
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February 24, 2024, 06:37:13 PM |
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I think so, but it's not that simple, there are many things we don't understand if we have never had experience as a casino owner, what you are telling me is the simplest thing, besides if it is not profitable the casino will go bankrupt, there are other income such as deductions. bets, and transaction fees and much more
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EarnOnVictor
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February 24, 2024, 07:46:05 PM |
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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.
Many people always hope of winning from gambling but only a few of them can really get their win. But when they always hope to win without realize that getting win is not easy, they will not stop their gambling activity before they win. Even if they can win, they will not stop and just continue playing gambling because they want more winning and at that time, they become greedy because hoping to get another winning. Yes, our greediness will comes and seduce us and tell us to continue playing gambling because we will have another chance to win. But that will not always happen as in the gambling, our chance to win is not bigger than the loss. We must realize this and always control our minds so our greediness will not posses us. No one comes to a casino with the hope of losing, so I see this as mocking some gamblers who are only trying their luck whereas many of them are not engaging it foolishly. I know that general advice is not often perfect for all cases, and at times, those you believe were greedy could hit the Jackpot simply because they did not quit easily. Gambling stories could either be ugly or be worth wishing for, it's not always about the bad side of the story the way you make it look. Fine, a gambler can win or lose, with no certainty for either, or do you know what the outcome of the next game would be? That is why I don't mock those who are gambling to try their next luck, it could indeed be their luck. But peradventure it wasn't their luck, that doesn't mean that they've entirely failed, it could only mean that it's not their time. But what I do not support in gambling is for gamblers to do it senselessly, that's very bad. You do not just gamble without having your budget and plans, everyone must know how gambling works so that they can safeguard their portfolio. The gamblers who entered a casino or opened a gambling platform with $50 should have plans for it. It could be the plan and budget of gambling 10 times before all the money would be exhausted if such is unlucky. In this case, the gamblers can't be mocked since there was a plan and purpose for the gambling, and even for the money to gamble with. It's only when such shifts away from the plan that blame should be apportioned. Now, how do you know a gambler has a convenient plan when you generalise it?
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bbigtart
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February 24, 2024, 08:02:13 PM |
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So the casino remains the biggest beneficiary, right?
Of course the casino will continue to receive profits from gambling players. What you need to understand is that the biggest win for us as gamblers is to stop gambling. For casinos, they are not afraid of their players winning big, but the casinos will be afraid if the players stop...!! So it can be interpreted that the casino will never make a loss, because the casino is a business and of course a business will always make a profit because they created the system. That's why to this day I still believe in the words "No one gets rich from gambling except bookies or casinos".
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GigaBit
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February 24, 2024, 08:04:16 PM |
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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?
Winning and losing in gambling is uncertain which can result in the gambler gaining or losing money. Gamblers have no fixed income. But a casino owner or gambling platform owner has a passive income through which he can grow his money. Moreover, we call the casino owner a businessman, the more clients he can create, the more money he can earn. Business and gambling are not the same thing. Although the average gambler can own a huge amount of money by winning the jackpot. But it is uncertain. People who don't have regular income can never make much money. Of course a casino pays a lot more than a gambler. It is said that the house always wins.
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Mr. Magkaisa
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February 24, 2024, 08:15:40 PM |
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- Obviously, casinos often win; they always have control of the game for gamblers who use their platforms. That's why, often, the ones who lose are their gamblers. Because of the losing gamblers, that's where they take what they pay their few winners, and the casinos are left with a lot of money.
And if there are gamblers who win large amounts of money, it is because they may have been really lucky, especially if slot games are the source of their luck in winning. And this kind of scenario rarely happens most of the time.
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|MINER|
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February 24, 2024, 08:24:48 PM |
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I will also say that casinos are the get most beneficial so we can surely say that casinos are win here. Casinos has only the investment of standout the casino and after that they get the cash from gambler on sitting. And on the others hand the numbers of winners gambler is pretty less than the loser gambling. So it is clear that who are winning here casino or gambler obviously casinos.
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Quidat
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February 24, 2024, 08:33:52 PM |
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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?
Winning and losing in gambling is uncertain which can result in the gambler gaining or losing money. Gamblers have no fixed income. But a casino owner or gambling platform owner has a passive income through which he can grow his money. Moreover, we call the casino owner a businessman, the more clients he can create, the more money he can earn. Business and gambling are not the same thing. Although the average gambler can own a huge amount of money by winning the jackpot. But it is uncertain. People who don't have regular income can never make much money. Of course a casino pays a lot more than a gambler. It is said that the house always wins. Making it as an income? You are taking some suicide on which gambling shouldnt really be treated up this way because if you do then dont get shocked that in later situation in life you would really be finding yourself getting wreck with gambling and this is the time that you would really be having those kind of self realizations that you shouldn't have done that and this is something a very normal approach by most gamblers. It is really that obvious that house is always been the winner in the end of the day, its existence is a solid evidence that they are indeed making good money and with tons of platforms and physical places then it is really just that safe to assume that they are milking out gamblers.
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Makus
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February 24, 2024, 08:35:37 PM |
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It is very obvious that casinos are in the winning part, because if they were losing from the business, they would have probably quite the business. But as long as they keep on expanding the business, that truly mean only one thing, and that is they are making lots of profit from gamblers. No matter how much you win from a bet you can't possibly empty their account. Just as the op stated, you are only taking your wining from other people's loss, so the casino is not affected by your winings.
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mirakal
Legendary
Offline
Activity: 3304
Merit: 1292
Leading Crypto Sports Betting & Casino Platform
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February 24, 2024, 08:50:35 PM |
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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.
Casinos are considered to be the most profitable business in the business industry. Certainly because they make sure that they always win by ensuring the odds of winning are always on their side. Even if gamblers win huge amount, casinos won’t easily go bankrupt because as long as there are losers, they can easily repay those who are winners. While gambling can make you an instant millionaire, the chance to lose is also higher that will make you homeless on the spot. However, if you are gambling just to have fun and you’re gambling on your spare money, I don’t see it as a real loss. In fact, once you benefit and enjoy the games in the casinos, you are already in profits, even if your funds are slowly running out. Just don’t try to beat the casinos, as the house has always its winning edge over its players.
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Furious 7
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February 24, 2024, 08:54:01 PM |
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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.
That is surely a fundamental truth about the gambling industry, its primary goal is to generate profit. Casinos and gambling establishments are designed to tilt the odds in their favor that ensures that over the long term, they come out ahead financially. The cycle of gambling, where players may experience wins and losses, ultimately benefits the house or the site owner. Regardless of individual outcomes, the odds are structured in such a way that ensures the house maintains a consistent edge. This is a fundamental principle of the industry. Players may experience temporary wins, but these are often offset by losses over time. The allure of potential winnings can sometimes cloud judgment that leads gamblers to continue playing in the hope of beating the house. That's why people need to approach gambling with a clear understanding of the inherent risks and probabilities involved. By recognizing that the odds are stacked against them in the long run, gamblers can make more informed decisions about their gambling activities. Simply put casinos will never lose because they build and design their own systems that will be applied to several types of games that are provided for gamblers to play, while all gamblers play in all types of games that are provided by the casino with the opportunity to win and lose, I am not saying that gamblers will not win because after all casinos do provide opportunities for anyone to win but the problem is that getting a win will not be as easy as ending the session with a loss, and maybe we already know that most losses will occur more often than wins and the reason is clear as you said that casinos create gambling to benefit themselves and not gamblers. Yes it is true that gamblers only get temporary wins because in the end as many have happened that they put the winnings back into gambling which sometimes they also bring hope or increase hope and confidence to be higher to be able to get a much bigger win, one of the reasons is because you have also said that the attractiveness of gambling can cloud judgment and can also eliminate a person's level of awareness. On the other hand, the right understanding is something that is recommended to every gambler, but sometimes even though they already have the right understanding, it cannot be denied that in the end there are some situations that can make them forget about the actual concept of gambling which in the end they fall into gambling without applying any restrictions, but yes, this is gambling which is an activity that can stimulate the human brain and mind, so the solution is to apply firmness to risk management and also the understanding you have. Every gambler who plays must have experienced victory because if not it is clearly something impossible because it is certain that the site or casino that is used as a place to play will be abandoned so there is definitely a victory that can definitely be achieved, but on the other hand, it is only a sweetener because we understand that in the end, any victory is only to make gamblers feel at home there and maybe as you say it is only an inducement or temporary because it will definitely run out again considering the concept in gambling for players is definitely more losses. Rather than winning and that's for sure. But things like this can only be realized by some people who gamble responsibly and know what they are doing, so even though the concept of gambling is like that, they still play because the purpose of gambling is to have fun and consider profit as a bonus. The problem is that many are naive about this and say confidently that they beat the gambling site or beat the bookies but do not realize that it is a trap to lull us into a false sense of security that ultimately results in greater addiction.
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Saint-loup
Legendary
Offline
Activity: 2786
Merit: 2428
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February 24, 2024, 08:54:24 PM |
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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?
Where have you seen that? What you are talking about is pool betting/parimutuel betting and it doesn't concern casinos but sport betting. There are only few games at casinos where you get the money of the other players when you win : Poker and slots with progressive jackpot, otherwise you are always playing against the house/the bank, call it as you want and if you win too much, the house can decide to stop playing with you, and close its doors. At decentralized casinos you get the money from investors in the bankroll/liquidity pool but not from the other players.
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Wakate
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February 24, 2024, 09:01:41 PM |
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The fact that we see Casino coming into this industry year in year out should tell you what kind of business environment is available. And another indicator to look out for is seeing for how long these casinos remain in business, had it not been a profitable business for these casinos we would have seen more shutting down more frequently . But a duel between casino and player is certainly a one way decision as the house always wins and they win always win this battle.
The same way gamblers are making money that's same way casinos are making money from gamblers. This things happens frequently and we need to understand that there are people that will lose and people that will gain along with the casinos. Gambling is all about earning and losing. We can not be winning everytime, there are time we could lose and there is time we could win. This is why we could go to a physical casino and bet and win and the second time we might lose but casino will keep winning continuously. All we should be after is to keep trying our best to keep winning.
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Weawant
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February 24, 2024, 09:39:42 PM |
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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 doubts in the game of gambling the casino remains the biggest investor and the they make the most profit than gamblers do because they are always at the advantage of receiving the money a.d the chances that people win is much less than the chances that people loose, loosing is much easier in gambling than winning and so that's why the casino is at advantage most often the. The gamblers. The recycling of funds from the gamblers continually keeps the casino at the advantage of making more money a d even when a gambler wins, the money paid to them is actually that of another gambler and since there's much more to keep the casino will still win because the gambler loose most times moe than they win so only a few gamblers could be winning and the rest could be loosing making room for enough fund for the casino to be able to pay regardless of the number of winning they get a day
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LDL
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February 24, 2024, 09:51:35 PM |
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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?
In reality, casinos and gambling sites benefit from casino gambling. Moreover, the gambling and casino sites that have the approval of the government definitely benefit both the government and the casino authorities. In no case the authorities of a casino and gambling sites face a loss because the investors in gambling are always at a loss. To get government permission for a casino or gambling site, it is necessary to accept permission by paying a large amount of tax. In this case, the government always receives a huge amount of tax from that casino or gambling site.
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