Who's winning more casinos or gamblers?

[2Pizza410000BTC]

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?

Yes what you said is completely true because casino companies never give their own money to others they may give someone else's money to a loser who wins. We may never consider this thing and when we do, we don't think like you. Casino companies are running their casino platform with your money and in this case the casino company has a lot of profit. If you consider that, I will be very impressed with you. However we use gambling as entertainment, we don't think too deeply about it.

[Lida93]

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?

Yes what you said is completely true because casino companies never give their own money to others they may give someone else's money to a loser who wins. We may never consider this thing and when we do, we don't think like you. Casino companies are running their casino platform with your money and in this case the casino company has a lot of profit. If you consider that, I will be very impressed with you. However we use gambling as entertainment, we don't think too deeply about it.

Casinos may only in the beginning stage of running the business use a part of their own money in paying winnings from players as i believe by then they must not have gotten that large number of users at that very beginning but to when they have gained reputation and saturated the market and gotten a large users thats when they have no penny of theirs in any payment to  a winner as the money for the payment are all accumulated losses of other unlucky gamblers.

Casinos has every instruments and resources they need in the industry to make them stay profitable in the market and all these hedge they possess is what a common gambler doesn't, not even a 5% of it out of a 100%, that's the reason we as gamblers shouldn't bother trying to  beat them at their own game. Just enjoy the fun, be entertained and hope for a bright luck to be on the winning side more often than not.

[dimonstration]

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?

Yes what you said is completely true because casino companies never give their own money to others they may give someone else's money to a loser who wins. We may never consider this thing and when we do, we don't think like you. Casino companies are running their casino platform with your money and in this case the casino company has a lot of profit. If you consider that, I will be very impressed with you. However we use gambling as entertainment, we don't think too deeply about it.

Nah, all the money that lose in a bet is already a casino property regardless of the source. You can’t say that your money is bank property because they are the one who print and just distribute it to other people while they collect back all the fiat when you deposit again in the bank.

This is same principle on the casino money. They are paying using their money with their bankroll while those losing bets will add on their bankroll therefore it’s already casino property. Having a logic that casino is just using other players money to pay others is not right because they have their own bankroll being risk on every players bet. Just like players, casino is risking on every players bet so they deserve to own those losing bets.

[angrybirdy]

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?

Yes what you said is completely true because casino companies never give their own money to others they may give someone else's money to a loser who wins. We may never consider this thing and when we do, we don't think like you. Casino companies are running their casino platform with your money and in this case the casino company has a lot of profit. If you consider that, I will be very impressed with you. However we use gambling as entertainment, we don't think too deeply about it.

Nah, all the money that lose in a bet is already a casino property regardless of the source. You can’t say that your money is bank property because they are the one who print and just distribute it to other people while they collect back all the fiat when you deposit again in the bank.

This is same principle on the casino money. They are paying using their money with their bankroll while those losing bets will add on their bankroll therefore it’s already casino property. Having a logic that casino is just using other players money to pay others is not right because they have their own bankroll being risk on every players bet. Just like players, casino is risking on every players bet so they deserve to own those losing bets.

well, all the money that is lost in a casino will go to them, That's how business works, they will not agree that they will not make a profit, after all the casino companies are making a lot of money but of course there are many people who consider a casino to be paid, from rental places, employees and the biggest jackpot prize, the more that lose, the higher the jackpot prize because that's where the lost money of the players goes. what you said is right, just like the players, a casino houses also takes risks with all the players so it's fair enough.

[ethereumhunter]

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?

Yes what you said is completely true because casino companies never give their own money to others they may give someone else's money to a loser who wins. We may never consider this thing and when we do, we don't think like you. Casino companies are running their casino platform with your money and in this case the casino company has a lot of profit. If you consider that, I will be very impressed with you. However we use gambling as entertainment, we don't think too deeply about it.

Casino will gets the biggest advantage than the gamblers because the casino have the business and serves the gamblers with many gambling games. If gamblers loses their money, gamblers will try to recovers their lose by continue playing gambling and many of them are losing more money. But the casino will gets their customer money as many customer will loses their money and more will comes to the casino. Maybe casino lose for some money but many gamblers will loses their big money in many gambling games. If you don't wants to have the same experience, you must be carefully to manages your money and time so you can prevents the big lose. When you can do that, you will not have to worry playing gambling because you will not have a problems.

[TheUltraElite]

Casino will gets the biggest advantage than the gamblers because the casino have the business and serves the gamblers with many gambling games.

The casino is having a house edge, that matters. In the long run the house edge's effect becomes more prominent and the total loss of the players is more than the total loss of the casino, eventually making the casino profit more and thus have a positive net output. Hence the casino business is productive in the long run and it is why people like Trump have ownerships in casinos.

Be a part of the casino if you want long term profits, being a player will only bring losses if you dont know when you need to stop gambling.

[boty]

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?

Yes what you said is completely true because casino companies never give their own money to others they may give someone else's money to a loser who wins. We may never consider this thing and when we do, we don't think like you. Casino companies are running their casino platform with your money and in this case the casino company has a lot of profit. If you consider that, I will be very impressed with you. However we use gambling as entertainment, we don't think too deeply about it.

That's right, of course casinos will never spend the funds they have to give to other people and they are the ones who really benefit from the many players who play at their place and the winnings that some people get are only very small compared to the money they have spent at the casino so that the party who is really disadvantaged I think is only the gamblers who cannot manage their gambling so they spend too much money on the casino and use gambling as entertainment I think it will be better for our finances and we will not be addicted to gambling.

[Eternad]

That's right, of course casinos will never spend the funds they have to give to other people and they are the ones who really benefit from the many players who play at their place and the winnings that some people get are only very small compared to the money they have spent at the casino so that the party who is really disadvantaged I think is only the gamblers who cannot manage their gambling so they spend too much money on the casino and use gambling as entertainment I think it will be better for our finances and we will not be addicted to gambling.

Casino spends their funds which you can casino bankroll. They are spending it whenever players hit jackpot or bets. They also have fixed cost from their operations expenses.

They are just recovering it through the lose bets of players wagering on their casino. It’s not always positive for the casino because some them experience bankruptcy if their operation cost is greater than what they can earn in their casino. So they are using their own money but it just easily replenished when there’s a lot of players losing money.

[swogerino]

That's right, of course casinos will never spend the funds they have to give to other people and they are the ones who really benefit from the many players who play at their place and the winnings that some people get are only very small compared to the money they have spent at the casino so that the party who is really disadvantaged I think is only the gamblers who cannot manage their gambling so they spend too much money on the casino and use gambling as entertainment I think it will be better for our finances and we will not be addicted to gambling.

Casino spends their funds which you can casino bankroll. They are spending it whenever players hit jackpot or bets. They also have fixed cost from their operations expenses.

They are just recovering it through the lose bets of players wagering on their casino. It’s not always positive for the casino because some them experience bankruptcy if their operation cost is greater than what they can earn in their casino. So they are using their own money but it just easily replenished when there’s a lot of players losing money.

They make sure to have a huge bankroll in the beginning so they can cover their lost amounts if a whale (big player) wins it big.They make sure to put their house edge in place which overall guarantees that in the long run it will always be the casino making money and every player knows it.The reason why people continue to gamble even after knowing such fact is that they believe to be that lucky 3-4% of people who make it big and win huge amounts in the casino,that is the motivation of most gamblers if not all of them,in reality there is stupid to think that the gamblers make more money than casinos,if that were the case the number of casinos would be on the decrease and not in the increase which we all know that this is the reality.

[ethereumhunter]

Casino will gets the biggest advantage than the gamblers because the casino have the business and serves the gamblers with many gambling games.

The casino is having a house edge, that matters. In the long run the house edge's effect becomes more prominent and the total loss of the players is more than the total loss of the casino, eventually making the casino profit more and thus have a positive net output. Hence the casino business is productive in the long run and it is why people like Trump have ownerships in casinos.

Be a part of the casino if you want long term profits, being a player will only bring losses if you dont know when you need to stop gambling.

That's makes us difficult to win from the casino and if we wins, our winning will not too big compare to what the casino gets. We can only playing gambling as usual and not thinks much about the wins because as we knows that winning the gambling games is not easy and needs more money. Even if we used more money, that will not guarantee us can wins much money and maybe we only wins small wins.

Our lose will be bigger than our wins so we must understand that we don't have to hopes too high from gambling. It's better we try to make money from the other sources that can gives us money than gambling. We don't have to follows other people to used more money to playing gambling because we don't have the same allocations money to gambling. So we must allocate some money that we can afford.

[Fivestar4everMVP]

This doesn't mean casinos never lose. 

It based on the fact that cumulative losses are way smaller than the cumulative wins from the casinos side and vice versa for the players side.

Thus the casino is always in a net profit - that is it is running smoothly and paying its employees and investors regularly. This shows one truth that is the casino will always be profitable and if you are the casino then you are the winner in the long run. With my experience in the industry, I feel that in order to make money from the casino be a part of it, dont play in it, unless you completely own it of course.

Casinos actually do not lose, when we look at this from a general perspective or standpoint, why did I say this? In a game where 1000 gamblers played, possibly, let's just say that, 100 gamblers are winners of varying amount of money, (this number maybe more, or less), which means that the other 900 gamblers are losers of varying amounts of money as well.
And lets not forget that most games listed on the casino are owned and managed by third party game providers, this simply means that, casino are only acting as a middle men who make those games accessible to the gamblers, the casino takes a commission from every single bet placed, if and when the gambler loses the casino take their commission, and the remaining lose money goes straight to the provider of the game, and when the gambler wins, the casino forward the win ticket to the provider of that game, the provider of the game pays into the casino account, the amount of money that was won including the casinos commission, the casino then remove their own commission, and then forward winning amount to the gambler's account that won.

I am not very certain if this is how things work in the background of online gambling casinos, mostly with games like slot machines and sports betting games, but if actually this is how it all works, then it simply means that casinos never lose, they profit whether the gambler lose a game or wins a game.

[junder]

That's right, of course casinos will never spend the funds they have to give to other people and they are the ones who really benefit from the many players who play at their place and the winnings that some people get are only very small compared to the money they have spent at the casino so that the party who is really disadvantaged I think is only the gamblers who cannot manage their gambling so they spend too much money on the casino and use gambling as entertainment I think it will be better for our finances and we will not be addicted to gambling.

It is clear that it is the host who will benefit, even though they spent a lot of money at the beginning to start a gambling business, but now that gambling is so busy, whether online or offline gambling, I am sure they can make a profit by starting this business, by those who host the gambling, the aim is to provide entertainment facilities that have the potential to win, but the victory will not be easy to obtain, because they are also the hosts, of course the purpose of holding the gambling is to make a profit from the large number of people who gamble.

I think the injured party is indeed a gambler, it's just that that's the rule, losing or losing the money staked in gambling is a normal thing, because it's certain. Therefore, they must be prepared to lose the money they bet on. and I think the ones who are disadvantaged are people who are addicted to gambling, because they will continue to gamble even though they already know that they have suffered a big loss. However, with gamblers who don't mind losing or losing money in the sense that they are not too obsessed with winning, I think they are good. - fine, different from those who are addicted to gambling and are obsessed with being able to win by force.

[Findingnemo]

It's obvious that casinos makes more money than players if they are actually operating. Let's say 1000 players bet on a game and the bet amount is $10 so even if everyone bet once casino get 10K as profits and surely they have to pay the rewards which depends on their RTP of games and even if it's 80% still casino make 2K as profits from this scenario.

[Blitzboy]

Casino will gets the biggest advantage than the gamblers because the casino have the business and serves the gamblers with many gambling games.

The casino is having a house edge, that matters. In the long run the house edge's effect becomes more prominent and the total loss of the players is more than the total loss of the casino, eventually making the casino profit more and thus have a positive net output. Hence the casino business is productive in the long run and it is why people like Trump have ownerships in casinos.

Be a part of the casino if you want long term profits, being a player will only bring losses if you dont know when you need to stop gambling.

Whoever says casinos are fun doesnt understand. The truth is, the house always wins. It underpins their company and prosperity. You believe those magnificent structures pay for themselves? The best business is casinos, where I worked. You profit by owning, not playing.

Yes, wise money invests in ownership. Gambling all day fills their big pockets. Realize the odds are against you, not luck. The actual win is system ownership, being the home. Long-term profit is there, guys.

[Quidat]

This doesn't mean casinos never lose.  

It based on the fact that cumulative losses are way smaller than the cumulative wins from the casinos side and vice versa for the players side.

Thus the casino is always in a net profit - that is it is running smoothly and paying its employees and investors regularly. This shows one truth that is the casino will always be profitable and if you are the casino then you are the winner in the long run. With my experience in the industry, I feel that in order to make money from the casino be a part of it, dont play in it, unless you completely own it of course.

Casinos actually do not lose, when we look at this from a general perspective or standpoint, why did I say this? In a game where 1000 gamblers played, possibly, let's just say that, 100 gamblers are winners of varying amount of money, (this number maybe more, or less), which means that the other 900 gamblers are losers of varying amounts of money as well.
And lets not forget that most games listed on the casino are owned and managed by third party game providers, this simply means that, casino are only acting as a middle men who make those games accessible to the gamblers, the casino takes a commission from every single bet placed, if and when the gambler loses the casino take their commission, and the remaining lose money goes straight to the provider of the game, and when the gambler wins, the casino forward the win ticket to the provider of that game, the provider of the game pays into the casino account, the amount of money that was won including the casinos commission, the casino then remove their own commission, and then forward winning amount to the gambler's account that won.

I am not very certain if this is how things work in the background of online gambling casinos, mostly with games like slot machines and sports betting games, but if actually this is how it all works, then it simply means that casinos never lose, they profit whether the gambler lose a game or wins a game.

If casinos do lose then we wont really be seeing huge numbers or tons of them in the market or industry today but since we are seeing the different condition or situation then we can really say
that they are indeed profitable. There are those investors who do really consider on making one because they've seen that there are tons who do get addicted with gambling.

This is why they would really be taking up that kind of opportunity for them to build a business on where they've seen that there's a huge demand into it on which we know that once they've
been able to capitalized something then it might be ended up successful but well we do know on how gambling or business works on which there would really be no assurance that they will
really be able to make themselves successful into this industry. There's till so much things to consider first and they would really be needing up to be aggressive.

[Accardo]

That's right, of course casinos will never spend the funds they have to give to other people and they are the ones who really benefit from the many players who play at their place and the winnings that some people get are only very small compared to the money they have spent at the casino so that the party who is really disadvantaged I think is only the gamblers who cannot manage their gambling so they spend too much money on the casino and use gambling as entertainment I think it will be better for our finances and we will not be addicted to gambling.

Casino spends their funds which you can casino bankroll. They are spending it whenever players hit jackpot or bets. They also have fixed cost from their operations expenses.

They are just recovering it through the lose bets of players wagering on their casino. It’s not always positive for the casino because some them experience bankruptcy if their operation cost is greater than what they can earn in their casino. So they are using their own money but it just easily replenished when there’s a lot of players losing money.

If gamblers were as careful as the casinos in managing their funds, there wouldn't have been much problem gambling in the world. The casino tries a lot to keep the business running. And it's not simple to operate a business-like casino. That's why the house tends to follow strict rules and places a house edge that favors them. Hence, all the house needs are multiplying their users, which means more money for ads and reaching out to a new base. It's safe to say that the casino wins more than the gamblers combined, because they run the game, and provide results. But their challenges are in the payrolls, that's why most of them go bankrupt. The number of employees is very much and maintaining the business isn't a joke. Yet, in terms of generated revenue, casinos earn lots of profits from their players, compared to players. 

[AmoreJaz]

It's obvious that casinos makes more money than players if they are actually operating. Let's say 1000 players bet on a game and the bet amount is $10 so even if everyone bet once casino get 10K as profits and surely they have to pay the rewards which depends on their RTP of games and even if it's 80% still casino make 2K as profits from this scenario.

It is simple logic, if the casino is not generating revenue, then, why would they continue their business? They are here because of business, so why would they operate for charity or if they are heading to bankruptcy?

Gambling business is a lucrative one, if the management knows how to run it efficiently. This is why a lot of owners are still going into this business even if they have so many competitors already. As long as they are in positive, I guess, they will continue to operate.

Casino will gets the biggest advantage than the gamblers because the casino have the business and serves the gamblers with many gambling games.

The casino is having a house edge, that matters. In the long run the house edge's effect becomes more prominent and the total loss of the players is more than the total loss of the casino, eventually making the casino profit more and thus have a positive net output. Hence the casino business is productive in the long run and it is why people like Trump have ownerships in casinos.

Be a part of the casino if you want long term profits, being a player will only bring losses if you dont know when you need to stop gambling.

House edge is indeed one of the features why casinos have the advantage over their players. They won't go into this business if they are not seeing any gain from it, just like any other business. And if they found their strategies, they can get very good at it reaping great profits.

[GigaBit]

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?

We all know that in gambling houses are always profitable. A gambler can win big individually if he is lucky, but even if he wins big alone, there are many who will lose. In that case, the house is definitely ahead. Moreover, the more gamblers or users there are on the site, This particular site will be more profitable. If someone wins big it does not mean that the house will suffer. The only house in the gambling platform can only passively earn which is not possible for the gamblers. They have profit against each odds. In that case if one thinks that a big win will hurt the house or the casino platform then it is completely wrong idea. Of course, the house always wins.

[darkangel11]

It's obvious that casinos makes more money than players if they are actually operating. Let's say 1000 players bet on a game and the bet amount is $10 so even if everyone bet once casino get 10K as profits and surely they have to pay the rewards which depends on their RTP of games and even if it's 80% still casino make 2K as profits from this scenario.

Of course. Casinos have to be profitable, like any other business. If they're not they'll go bankrupt. It's not a charity where they're trying to make their clients rich. The goal is to profit from them and sell entertainment, which many gamblers don't understand. By going to the casino and betting money they're buying entertainment and the outcome of their bet is secondary deal. The primary one is to keep the client playing, provide him with a tool to kill time and feels some excitement. That's the psychological aspect that makes gamblers go back, even though deep inside they know they're losing money.

[Natsuu]

It's obvious that casinos makes more money than players if they are actually operating.

The primary one is to keep the client playing, provide him with a tool to kill time and feels some excitement. That's the psychological aspect that makes gamblers go back, even though deep inside they know they're losing money.

Casino always win long term as long as they are operating and there are players who are willing to take risk as oppose to what why are holding or offering. Imaging the commission costs or transaction fees, that alone makes them profitable or go breakeven to continue operating. The drinks and food inside that too. Casino as a whole not only the machines or games. Thinking about online, it's the advertisements and having VIP players. With the game itself, over a large sample size, the casino always wins because of the game of probabilities.