SmartGold01
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March 09, 2024, 09:49:08 AM |
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It's always the casino that are winning. It's true that when someone wins, on the other hand, there's someone who's losing.
And all the money that's inside the casino is what we call cashflow and they're just like the mediator of it and taking commissions out of our bets everytime we lose.
So, as a gambler we win sometimes but there are more moment that we're losing so take that in mind that we're not lucky at all times. And when is in luck, do not waste that opportunity for you to enjoy and take that money.
You are correct but most times they lose heavily as well let say when someone hit more than the total percentage they have received from the casino they will have to pay from their personal pocket to those groups of people that win such sets of games, and again what you must consider about casino is that in everyday people wins it may not from your region or being you that wins but someone wins. Therefore all this couples together, they pays out their commissions to people who are winning so what we must find out is to know how many percentage they are taking from people in every single bets and how much in total for the months / year then you would know how lucrative gambling business or not maybe to know if they are losing or gaining in the business. Yeah, that's one thing for this business. When someone hits big, they have to pay that of course and that's going to be out of their budget which is already allotted for big wins. They're a casino and they've got money for that matter and that's the reason why it is normal that we see them pay big because that's part of the business. There is no need to know the metrics and numbers about commissions or winnings that they're getting, it's a common knowledge that the actually are winning at most times. No casino don't make much as we expected most times they also go taking loan to clear some big pay out at least I have had a story then with my locality where a local casino wasn't able to pay out the winner due to their amount wasn't enough to clear the winning. Hence promised to pay part while in the late run to pay the remaining balance and the said winner refuses and took the case to court were the local casino has to short down till the winner has been cleared. Therefore if we don't know about their ends we might think they are also making huge profits with us knowing they are also losing big time that was why when gamers or bettors lose their money the casino rejoice for the lost of others because it was a plus they them.
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slapper
Legendary
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Activity: 2030
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Leading Crypto Sports Betting & Casino Platform
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March 09, 2024, 02:44:50 PM |
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While some casinos go bankrupt others are striving and making big bucks. I'm not sure if we can check anywhere how many casinos there are in the world, how many of them go bankrupt every year, and how many of them are making a big profit, I guess it's even trickier to follow up some stats on crypto casinos. So who is winning more... I would say casinos! If it were otherwise there would be more winners around and fewer casinos! Simple as that... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yeah, and we will see a lot of testimonies from gamblers that they won against online casinos almost every day. It's so obvious because those are rare circumstances. This forum itself would see more about gamblers who are losing every day and I bet fewer can tell that they won. Casino games are meant to make us lose, the winning percentage is way low that it's almost impossible to win against it. But still, gamblers would take that risk just to have a shot at that low chance. Who doesn't like that kind of adventure? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I've played so long in most of the casino games in the online gambling industry and I've seen red marks in my graph more than the green ones. It's always bloody. So, I could also say that casinos are the winning and I bet there will be more that will be created in the future because of how fast the growth of the industry is becoming. Sports have advertisements on gambling sites from time to time and there are more new names coming out in the market. However, the winning percentage is always much lower than the losing percentage, meaning that this is what makes most gamblers lose more than they win, there is absolutely no winning streak, although there are but it is very rare, usually in 10x attempts they will only get 1 or 3 wins and the rest lose, but it is a fact that the winning situation can cover the disappointment of a gambler for the previous defeat, or what it means is that 5 defeats can be covered by just getting one win but this is not about them making a recovery amount but rather the sensation they get can make them forget that the amount they lost is still much greater. On the other hand I would just believe that whoever it is will only be able to win occasionally and by "chance" and there are no lucky wins in the long run, because after all this is a business for the casino where your losses are the casino's profits. I think it is a fact that casinos will always have the upper hand because after all they are the ones who create and organize all the systems in every type of game provided, or simply they are the ones who manage your wins and losses, so it is impossible for casinos to always give you a win while on the other hand their goal of building gambling is to benefit themselves, and this is also the reason why we are always advised to gamble in moderation and not to overdo it because it is like you are wasting money and time on something that has no certainty. Casinos investigate human psychology as well as gambling. They recognize that the thrill of the pursuit, not winning streaks, keeps you coming back. Yes, those successes, however few and far between, are psychological anchors that make losses look like simple obstacles to the next major win But now it gets fascinating. Not a coincidence. This carefully constructed atmosphere has every sound, light, and action to keep you playing. Why? Because the house always wins. That's mathematical certainty, not belief. The win-loss ratio you mentioned? It's planned, not luck. Early recognition that gambling is less about financial gain and more about understanding our susceptibility to such surroundings helps us regulate our interactions with them
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Doan9269
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March 09, 2024, 02:51:34 PM |
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No casino don't make much as we expected most times they also go taking loan to clear some big pay out at least I have had a story then with my locality where a local casino wasn't able to pay out the winner due to their amount wasn't enough to clear the winning. Even the gambling sites too go on in taking loans to make sure the are running a smooth and itch free service to their customers, the way we are at the chance of risking our money on gambling, same applies tot hem that they also can risk anything to ensure a moving operational service of their gambling platform, we are all taking the risk together and theirs sometimes could be more bigger than our in some cases.
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pawanjain
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March 09, 2024, 02:56:44 PM |
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If we have to choose one of them then I would say that it's the gambling sites who are winning more than the gamblers. Often we find out that people are losing a huge amount of money in gambling but only a few times we find out people winning huge amounts of money. This shows that the winning to losing ration is heavier on the losing side and so tha gamblers lose money and the casinos win.
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piebeyb
Legendary
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Merit: 1038
Bitcoin Trader
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March 09, 2024, 03:26:24 PM |
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If we have to choose one of them then I would say that it's the gambling sites who are winning more than the gamblers. Often we find out that people are losing a huge amount of money in gambling but only a few times we find out people winning huge amounts of money. This shows that the winning to losing ration is heavier on the losing side and so tha gamblers lose money and the casinos win.
Yes, you are right that gambling sites will not lose money because there are users who win big because gambling sites have of course won before, beating many much bigger users, usually gambling sites will only lose money when there is a hack on the site which makes them lose money in their site, but not their users, after all no casino goes bankrupt because its users win, this business is very promising that's why we find so many on the internet that new gambling sites always arrive every day and I'm sure you see them too. I have never been involved in a casino game that is proven to be fair because if it was fair of course the casino would often experience losses too, but in reality it is the gambler who experiences successive losses in every casino game, I don't want to bring down any casino but from the experience I have played so far playing at the casino It's really hard to win, that's why I gamble at the casino just to have fun with less money and prefer to gamble with sports betting which in my opinion makes more sense than playing casino games against the machine and beating the dealer. that's obviously very difficult.
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Trade on the go. Anywhere, anytime.
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Wiwo
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March 09, 2024, 03:33:33 PM |
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I think it an insane pattern of thinking to say that gambling will favour the gambler more than the casino, just note that gambling should be taken as way to get entertained and anything other than that is a departure from the fundamentals of gambling, because there is no way anyone can win over the house because at each stage you have to map out a lot of things such as your winning chances and how best you can make use of your luck to take advantage.
Before you gamble just be ready to lose all to the house, and having such a mentality will help you not to gamble more than you can afford to lose and also not to class any direction be it losses or winnings, just have a boundary to everything, just trust your instincts and move.
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Ever-young
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March 09, 2024, 03:50:29 PM |
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No casino don't make much as we expected most times they also go taking loan to clear some big pay out at least I have had a story then with my locality where a local casino wasn't able to pay out the winner due to their amount wasn't enough to clear the winning. Even the gambling sites too go on in taking loans to make sure the are running a smooth and itch free service to their customers, the way we are at the chance of risking our money on gambling, same applies tot hem that they also can risk anything to ensure a moving operational service of their gambling platform, we are all taking the risk together and theirs sometimes could be more bigger than our in some cases. Gambling sites and casinos, like gamblers, must carefully manage their funds in order to remain in operation. They may take out loans or utilize other financial tools to ensure that they have enough funds to keep the games running and provide a great client experience. After all, they are in the money-making business as well! So, while you may be risking your own money when gambling, keep in mind that the house is also taking a risk by providing these services. Sometimes, these risk could be too much to bear and they'll be left with no ther option than to even close down the casino, I believe we've heard about casinos folding and going out of business.
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ethereumhunter
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March 09, 2024, 03:55:07 PM |
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Gamblers focused on their sector and make the best out of it while casino gamblers do generate quite huge amount of profits in the system. I can't place my thoughts right but ensuring I reap every possible means of doubling our streams in the system because I'm quite aware how difficult it can be. Making money is part of the plan. In the current space, I can't indulge in activities that doesn't appear to be running in massive profits. At our happiest moment, that's someone craving sorrows and remorseful for the wrong choices made that led to heavy losses in the system.
Casino will makes huge profits than the gamblers because the casino runs the business while gamblers only playing gambling on the casinos. Gamblers can win but their winning will not be bigger than the casino so gamblers must realizes that they don't have to playing gambling using big money. Otherwise, they will lose their money and that will be the profit for the casino. Making a profit is the reasons for many gamblers but they must know that playing gambling can't give that big money. They must be wise when they playing gambling so they don't spend too much money just to chase the win because the casino will takes all of their money if gamblers don't use limitations. We will only regrets if we lose big money because we can't recover that money and even will lose more money if we continue playing gambling.
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Shamm
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March 09, 2024, 03:56:54 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?
Actually we can not say that all the time casino is got a more winning money than gamblers. Cause we all know that some gamblers are too lucky Enough and they got a good amount of winning. But not all the time. And in casino itself some of a casino are got reacher because of the management by the officials. While there are some casino whoa are gonna bankrupt because they didn't use their marketing strategy. But in reality all are Base in luck . Gamblers or casino it will base in lock .
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Twentyonepaylots
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March 09, 2024, 05:39:41 PM |
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It is obviously the casinos; it is designed so that the casinos have an edge over the gamblers. They need to ensure that, statistically, they are profiting more than the players, also winning more money over time. Because how will the casinos be sustainable if they are losing to the players? If the players are always winning, then how can you keep a business like that? Also, there's this thing called "House Edge," which is the advantage the casinos have. I'll give you an example: a roulette wheel has 1 to 36 numbers, so the chances of you landing on your bet are 36 to 1. But casinos also have zeros in them, and some casinos have double zeros too, or even a triple zero. So the odds for you will not be 36 to 1; they may be 37 to 1 or 38 to 1, depending on the casinos. That is how the casinos sustain themselves and remain profitable.
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Su-asa
Sr. Member
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Sibi Dabo,,,,,,, Teme Ini Na Sime
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March 09, 2024, 05:55:21 PM |
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If we have to choose one of them then I would say that it's the gambling sites who are winning more than the gamblers. Often we find out that people are losing a huge amount of money in gambling but only a few times we find out people winning huge amounts of money. This shows that the winning to losing ration is heavier on the losing side and so tha gamblers lose money and the casinos win.
It could have been better if there is a legitimate database that stores the numbers of casinos in the whole world, but in 150 countries I can't out list the numbers of casinos that is working perfectly. Although if we are counting on the numbers of gambler will would say even the smallest community in your environment will provide 100+ gamblers. Not to talk about the biggest states in your environment. Let's put in USA in front, I believe we already know that Las Vegas in United States have more gamblers and 100+ casinos. Let's start with that, if the owners of each casino would be able to hire more workers in each of there casino to stand at the entrance of the casino and count the numbers of gamblers/visitors that visits their casinos everyday, we will know the actual numbers of gamblers that visit casinos. But right now gamblers are winning because there are more gamblers than casinos.
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noormcs5
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March 09, 2024, 05:56:43 PM |
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No casino don't make much as we expected most times they also go taking loan to clear some big pay out at least I have had a story then with my locality where a local casino wasn't able to pay out the winner due to their amount wasn't enough to clear the winning. Hence promised to pay part while in the late run to pay the remaining balance and the said winner refuses and took the case to court were the local casino has to short down till the winner has been cleared. Therefore if we don't know about their ends we might think they are also making huge profits with us knowing they are also losing big time that was why when gamers or bettors lose their money the casino rejoice for the lost of others because it was a plus they them.
That Casino must be a new one or perhaps a local casino where the gamblers are limited and maybe the gambling casino are not so profitable. However, I have heard that local bookies (who are involved in sports betting) are very rich as they make a lot of money through sports betting and also provide the services of betting to ordinary people. When it comes to online casinos, I guess there is a lot of money being made by the casino owners. However, due to the increase in the number of good trusted casinos, the casinos may have to spend some money on promoting their site. Even after this marketing budget expense, the profit of the casinos is awesome. However, due to the competition among the casino, they may have to give bonuses and promotions to keep the gamblers retained at their site. This is my assumption because i do not see any casino declaring or telling how much they are making money. We only get to know how much money a gambler loses or wins (read such stories or posts) but never hear from any casino owner if he has been running a profitable business or in loss. A business in loss usually closes soon so the casinos running for so many years are for sure profitable.
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killerfrost
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March 09, 2024, 07:01:35 PM |
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Casinos aren't bastions of random chance – they're businesses designed for one thing: to make money. While individual players might win big sometimes, the odds are always stacked in the casino's favor. This advantage is called the house edge.
Casino games are rigged, but not in the way you might think. The rules are clear, but they're subtly skewed in favor of the house. A roulette wheel might have 38 numbers, but only one green zero . That tiny edge gives the house a long-term advantage.
This doesn't mean casinos never lose. There are lucky streaks and massive payouts, but those are exceptions. Over time, the house edge ensures a steady stream of income for the casino. Imagine a thousand people playing slots – some win a little, but statistically, the casino takes in more money than it pays out. That's why successful casinos keep expanding, while others go bust.
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southerngentuk
Sr. Member
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March 09, 2024, 07:22:03 PM |
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Casinos might seem like a random crapshoot, but there's a crucial detail – the house edge. Casino games are designed to give the casino a built-in advantage, no matter how "good" your predictions are. Sports betting might feel more informed because you're dealing with teams and players, but the bookmakers are experts too. They factor in injuries, team history, and a ton of data to ensure the odds are stacked in their favor.
Knowing football rules and player stats is great, but it doesn't guarantee victory. Sports are inherently unpredictable. Injuries, bad calls, or an off day for a star player can throw a wrench in even the most well-researched bet. Relying solely on "knowing the game" can lead to a rude awakening. Those odds offered by sportsbooks? They're not random numbers. They're carefully calibrated to ensure the bookmaker makes a profit regardless of the outcome. Sure, you might win a bet here and there, but over time, the odds are heavily skewed in the bookmaker's favor. Just like casinos, sports betting thrives on the hope of occasional big wins, but the reality is a slow and steady drain on your bankroll.
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LUCKMCFLY
Legendary
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Leading Crypto Sports Betting & Casino Platform
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March 09, 2024, 09:33:28 PM |
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Casinos might seem like a random crapshoot, but there's a crucial detail – the house edge. Casino games are designed to give the casino a built-in advantage, no matter how "good" your predictions are. Sports betting might feel more informed because you're dealing with teams and players, but the bookmakers are experts too. They factor in injuries, team history, and a ton of data to ensure the odds are stacked in their favor.
Knowing football rules and player stats is great, but it doesn't guarantee victory. Sports are inherently unpredictable. Injuries, bad calls, or an off day for a star player can throw a wrench in even the most well-researched bet. Relying solely on "knowing the game" can lead to a rude awakening. Those odds offered by sportsbooks? They're not random numbers. They're carefully calibrated to ensure the bookmaker makes a profit regardless of the outcome. Sure, you might win a bet here and there, but over time, the odds are heavily skewed in the bookmaker's favor. Just like casinos, sports betting thrives on the hope of occasional big wins, but the reality is a slow and steady drain on your bankroll.
You're right, but defining things a little more, I consider that the greater the number of people who bet on sports, since they have more possibilities of winning money, than someone who is in a casino betting on a roulette wheel or on slot machines, at least it is less money than You can win in a sports bet than in a slot, but based on probability, the house advantage is decisive in every sense, basically if an eprosn bets on whether a team wins or draws, without getting the score right, because it is something They may be more viable, but when it comes to betting to get the score right things are much more difficult, and even so a casino is more reliable to play because you can win with sports betting. In fact, predictions and everything that has to do with football or any sport require a lot of knowledge as such, logic and many things that can be defined as technical, but it is not easy, you almost have to do an evaluation style to be able to make a prediction with more precision. Personally, I have always said something, as long as we have a way of doing things well based on economics, for me it is more reliable, it is almost analogous to trading with knowledge, where whether you win or lose is the absolute responsibility of the player, very different from games that have to do with winning or losing by luck, such as slots, roulette, among others.
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Falconer
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March 09, 2024, 09:49:55 PM |
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If we have to choose one of them then I would say that it's the gambling sites who are winning more than the gamblers. Often we find out that people are losing a huge amount of money in gambling but only a few times we find out people winning huge amounts of money. This shows that the winning to losing ration is heavier on the losing side and so tha gamblers lose money and the casinos win. I think this is beyond debate because generally we all know that the casino is the one who really wins. There are many greedy gamblers who lose a lot in the casino because they really chase winning instead of getting pleasure. This makes the casino get a lot of profit from its customers because the more greedy the gambler is in chasing victory, the greater the chance of losing that gambler gets. Many people are attracted to the gambling industry because of the potential for huge business profits. It is true that not everyone will get a good return on their investment in the gambling industry, but the opportunities are quite big as long as they are able to survive and compete in the market in a healthy way.
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Odusko
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March 09, 2024, 09:57:05 PM |
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casino's have high chance of winning although i have heard a person who have been ban from playing because he always wins i don't know if its just for the views name is mikki he always wins no matter what, but us i don't know we have a bigger chance to lose, maybe he knew the system.
Gambling is business to the Dev that operates it and the reason they remain in business is because they can keep up with the ratio f revenue returns and that why the casino will always place the house at the best winning position all the time and only on few occasion and based on luck that the gambler wins one or two games along the line. And also the reason why we should take gambling as for fun is based on the fact that gambling results will always and most times favour the house against the gamblers so in the end you end up giving it up for the casino just to bow to the house edge.
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Slow death
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March 09, 2024, 10:51:01 PM |
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Games and mathematics favor the house, although all good casinos offer provably fair games, without any manipulation scheme and this is true. In the long run, the casino wins while the majority of players lose, even in games of chance in which people do not depend on luck to win, but rather depend on skills, the casino still wins while the majority of players lose losing, for example if we put 100 players at a poker table in which each player bets 1000$ each, at the end of the day probably less than 20 players will be able to leave with profits and of those less than 20 players, few will have a lot of profit, the majority will have little profit. but the casino will make a lot of profit, knowing that there are other games that depend on luck and that an overwhelming majority lose a lot
so at the end of the month the casino is the only big winner, of course the casino has bills to pay, they need to pay servers, employees, taxes, and they need to have large bankroll money, because as the casino has many players playing with large amounts of money, then the casino needs to have a large enough bankroll to pay out large winnings, such as the case where a person wins 50 million dollars and in these very rare cases, the person who wins 50 million dollars does not casino, does not want to wait a long time to be paid and a casino with a good reputation will not want to delay payment and tarnish the image and reputation of the casino, so the casino immediately pays the 50 million dollars to the winner
and these types of situations end up reducing the casino's bankroll and the casino owner probably goes awake thinking or praying that someone else won't win 50 million dollars again, because it would lead the casino into bankruptcy, so even if one Casino needs to have many customers constantly playing with a lot of money and losing, so that the casino has a large bankroll. a casino with few customers quickly goes bankrupt. So while the casino always wins when it comes to competing with the player, it is still a high-risk business for the casino owner, poor management can easily lead the casino to bankruptcy.
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taufik123
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March 09, 2024, 10:53:57 PM |
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I think this is beyond debate because generally we all know that the casino is the one who really wins. There are many greedy gamblers who lose a lot in the casino because they really chase winning instead of getting pleasure. This makes the casino get a lot of profit from its customers because the more greedy the gambler is in chasing victory, the greater the chance of losing that gambler gets.
It seems that it is a common fact that the casino or dealer will only be the real winner, with many benefits that will be obtained. But back again at every casino that has a different ToS, the casino also does not want to be said as a single winner, but there will be some players who become winners with high profits. The casino provides an opportunity for anyone who will win, and this is determined by the system. But the more greedy and higher the level of gambling done, this will only make a person more and more addicted and the system will continue to play tricks on him. Many people are attracted to the gambling industry because of the potential for huge business profits. It is true that not everyone will get a good return on their investment in the gambling industry, but the opportunities are quite big as long as they are able to survive and compete in the market in a healthy way.
Attracted to the gambling industry as a bookie, it would be better, as casino developers would be more profitable. Trying to build an online casino business will bring a lot of profit from every gambling activity. It depends on how to build an online casino from scratch and do marketing. Now many Online casinos are starting to emerge with some very attractive deposit promotions and winning prizes.
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South Park
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March 14, 2024, 08:11:17 PM |
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If we have to choose one of them then I would say that it's the gambling sites who are winning more than the gamblers. Often we find out that people are losing a huge amount of money in gambling but only a few times we find out people winning huge amounts of money. This shows that the winning to losing ration is heavier on the losing side and so tha gamblers lose money and the casinos win. I think this is beyond debate because generally we all know that the casino is the one who really wins. There are many greedy gamblers who lose a lot in the casino because they really chase winning instead of getting pleasure. This makes the casino get a lot of profit from its customers because the more greedy the gambler is in chasing victory, the greater the chance of losing that gambler gets. Many people are attracted to the gambling industry because of the potential for huge business profits. It is true that not everyone will get a good return on their investment in the gambling industry, but the opportunities are quite big as long as they are able to survive and compete in the market in a healthy way. That greed is the main reason they will suffer such huge losses, as if a person that was gambling for fun began to make bets that were too high, their fun will go away immediately and they will stop gambling as they can feel they are doing things wrong, but those that are looking to make profits do not think like this, and once they have accumulated a bunch of losses, instead of withdrawing the rest and accept defeat, they are determined to recover what they have lost, an action that causes them to lose even more money.
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