Who's winning more casinos or gamblers?

[Apocollapse]

The business model of a casino is making money from their customers, there's no source of income that the casino can earn.

Actually they're the one who give a lot money for other people/entity, it could be hiring a marketing, become sponsor, advertising, run a contest etc etc. Unlike popular brands who make money from multiple income sources e.g. their product, promoting other brands, collaborate with other people etc.

[kotajikikox]

If players are winning then those casino are surely closed by now an none of them will open one as this is not profitable , but the sad part is that Casino is the one who is waiting and yeah gamblers are losers (there are small portions that wins) but majority are losers .
so the answer is simple and plain , CASINO ARE WINNING over gamblers/players.

[348Judah]

Both the casino and the gambler were all taking the risk together because you cannot expect that they just keep making money without having the other side of it as challenge, if we look in how the businesses are being run, we will discover that each has it own disadvantages, though we may not know except we are being close to some of the operators of these businesses, while in gambling, its something that we know that its easy to loose than to win and when you win, it has never happened that the gambling platform were incapacitated of paying you back your winning fund.

[Hirose UK]

First thing we need to acknowledge is that, as long as the casino have the house edge advantage, there will always be at advantage over the gambler and that is the reason their are still in business, and as a matter of fact casino are revenue oriented and for such will always put system in place to check whatever method that will always put tham in profits.

Yes, that is the decisive factor which keeps gambling profitable for the casino on the long run against players. The house edge is what keeps the industry sustainable and running, otherwise casinos would be in serious danger of going bankrupt in case players faced a strong wave of winnings, potentially having many positive outcomes on long run, since there would be a 50%/50% winning chances for both sides, casinos and players.

The fact the casino has 1% or 2% extra chances of winning makes total difference, although on short run it doesn't look a big threat for gamblers, and that is where many commit the mistake of keep playing thinking they can overcome or defeat the house, because a tiny percentage like that looks inoffensive. The point is that the more they play, more likely is that 1% extra chance the casino has against them will make total difference, especially considering larger bets, after a long loss streak.

All this is because casinos are built for business and they have way of working which can be said to be random so that gamblers have chances at uncertain numbers, but what is clear is that the advantage belongs to the casino, not the gambler.
We just deposit money and risk it to lose but the casino provides various betting options to be able to make profit, no gambler can beat the edge of the casino.
A 50%/50% chance actually doesn't exist because for us gamblers the chance of winning is only 20% to 30% and we can increase it but it also won't guarantee success in winning bets.
It just that we can do all this to have fun and entertain ourselves so we don't need to worry about the possibility that we will definitely lose, the most important thing is that we get satisfaction and entertainment by paying certain amount of money to bet.
Just use money that is acceptable to lose and consider it payment for having fun.
Apart from that, in the long term, if take into account the total number of losses and wins, then as gamblers we will have much greater loss.

[Crypt0Gore]

Every day, thousands of dollars enter or leave the treasury of casinos, and we always hear about a gambler who wins or loses a large sum of money.

The thing that caught my attention is that the casino never loses. The money that you win is not the property of the casino, but of another player. The casino is in the process of recycling the money that the players have invested. There is always a winner and a loser, and when you bet with an amount of money, you bet against the money of all the other players. If you win, they will pay you from their money, and if someone else wins, they will pay himBTCBTC from your money.

So the casino remains the biggest beneficiary, right?

I doubt that thousands leaves the casinos everyday, they don't always have a winner every day, and I can boldly say that they make thousands from gamblers every blessed day, but not the same with gamblers making thousands from casinos every day.

Do you not know that casino is one of the most lucrative businesses in the world today? They know no losses unless they have no funds to run a casino or they lack professional way of luring customers in.

This is why we keep seeing new online casinos almost every week now, if it's not a lucrative business there won't be a lot of new online casinos showing up, casinos are definitely winning more.

[SeriouslyGiveaway]

So the casino remains the biggest beneficiary, right?

Even though there are always winners and losers, the casino is always the one who makes the most money. Simply because all games are designed to give the casino an advantage, ensuring that the winners will only win a small portion of the total amount from the losers.

Although players can win big in one play, the truth is that the casino's payout rate is often less than the actual rate of the bets. For example, a slot machine may have a payout rate of only 70-80%, meaning that in the long run, the casino will keep 20-30% of the total bet.

In short, even though there are players who win big, the casino still makes the most money thanks to the profit margin and unfair odds, so even if the number of winners is equal or higher than the number of losers, they still get benefit. However, in reality, the number of winners is always only a very small number compared to the number of losers, so the casino's profits are huge.

[Dewi Aries]

If players are winning then those casino are surely closed by now an none of them will open one as this is not profitable , but the sad part is that Casino is the one who is waiting and yeah gamblers are losers (there are small portions that wins) but majority are losers .
so the answer is simple and plain , CASINO ARE WINNING over gamblers/players.

Yes the point you are making is a true fact, and perhaps I would add that if gambling was not profitable for casinos then no casinos would have been able to survive until now, but the reality is clear that lately more and more new casinos have sprung up and that means gambling is a profitable business for casinos which means that the overall winnings are actually for the casinos and not for the gamblers.

But on the other hand I will explain in more detail that basically still all gamblers have a chance to win when they run their gambling sessions but the percentage of wins is much smaller than the losses which means if they run 10 sessions at a time for example then most likely they will only get one or two wins and aren't more sessions ending in defeat than victory? of course, this is what should be a concern because if calculated then obviously the number of your losses will definitely be much greater than the victory. On the other hand winning will only happen occasionally and "by chance" because it relies on luck which means obviously when you overdo it you are giving money to the casino. This is why we always recommend not to overdo gambling because after all it will only make us experience huge losses, and yes I agree with you that gamblers who come with the intention of earning are losers who want to earn a lot of money but by gambling and not working.

[Accardo]

Casinos tend to win more than individual gamblers overall, as they have a built-in advantage known as the "house edge" in most games. This ensures that, on average, the casino profits over time, even though individual gamblers may experience wins in the short term.

I want to understand the point you made concerning individual gambling or individual gambler casino is one of the option of gambling which I know quite well that any gambling have to deal with the risk measure which there is every possibility that you might gamble and lose whatever you place as order then you may also Gamble and win unexpectedly so casino gambling is not different from other gambling from my own understanding of Casino and they also other kinds of gambling as usual so the risk that is involved in both of them is the same, I have not seem advantages in casino gambling that's not in another gambling.

I think in this thread the Op is focusing on the casino, other than gambling generally. Two people can decide to bet money on a football match, within themselves, to win or lose depending on their agreement. Hence, that has nothing to do with the house edge. The winner only goes home with extra money. Casinos have better winning advantages over the player, because of the facilities they provide for gamblers. In the casino, people receive free drinks, hotel rooms, fun, etc. These factors are not organized easily with a small amount of money. Casinos spend money building the business, so players who wager there, are expected to see the unexpected, depending on the casino's house edge. A casino with a good housing edge offers the player a 3-5% chance of taking profits, per money they wager. The house takes up 95% and above. The whole profit goes back to the house, while the entire entertainment goes to the player.

[Mia Chloe]

Definitely. Both the casinos and bookies will grow, employ more workers and make more money. But that is if the gambling site is having traffic in a way that they have many gamblers. The gambler will gamble and lose money. Gamble again and lose more money. The casinos and bookies will be happy as they will have more money. So the answer to your question is that gamblers are the ones losing.

Definitely both are Gaining in their respective ways. This particular question is actually  a relative one in my opinion. This is because if only the gamblers are Gaining, and the casino is losing the casino will have no option or choice than to fold up. However, on the other hand if the casino is the only one gaining and the gambler is constantly losing, the gambler will either quit gambling generally or quit gambling with that particular casino. The only reason I think a gambler will continue staking and gambling over and over again even when he is losing consecutively is if he is obviously an addict.

[Orpichukwu]

We all know casinos are the big players here. The gamblers are just trying to partake and see if they can take a share, but it's never a fair fight; the casino always wins. If you are lucky enough to win big from them, don't take it as if you are the hero there; that's just luck with a little skill playing on your side. If you continue playing with them again, they will always win back all that you have won from them. It's normal in casinos; you can't beat them and win them always.

[erep]

So the casino remains the biggest beneficiary, right?

Even though there are always winners and losers, the casino is always the one who makes the most money. Simply because all games are designed to give the casino an advantage, ensuring that the winners will only win a small portion of the total amount from the losers.

Although players can win big in one play, the truth is that the casino's payout rate is often less than the actual rate of the bets. For example, a slot machine may have a payout rate of only 70-80%, meaning that in the long run, the casino will keep 20-30% of the total bet.

In short, even though there are players who win big, the casino still makes the most money thanks to the profit margin and unfair odds, so even if the number of winners is equal or higher than the number of losers, they still get benefit. However, in reality, the number of winners is always only a very small number compared to the number of losers, so the casino's profits are huge.

However, the fact that casinos make higher profits compared to gamblers, we can see in gambling threads that only a few people get jackpot profits compared to thousands of gamblers who lose money in casinos, so any comparison will not make casinos lose even though many gamblers make profits, but The reality is that the ratio of losses is higher than wins in casinos, so many entrepreneurs are opening new casinos because they see very high profit opportunities in online casino companies.

[oktana]

So the casino remains the biggest beneficiary, right?

Yes, Casinos are the real winners. The reason they can payout a really huge ticket is because they have the money to do so. The number of people who lose in their gambling covers for those who win and yet give the company a lot of money. You’ll know this because you see some gambling sites giving you bonus amount to gamble or bonus odds. They wouldn’t do that if they weren’t making money.

[Weawant]

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?

Majority of the time the casinos is always at advantage and are not loosing even when a player happen to win huge they still manage to stay in profit z in the fact that another players actually looses a d they actually get to pay the other players using the funds that they actually got from other player who lost to pay a d sometimes they have more than enough to pay a d have the remaining to keep in the casino.

.that house have always got the edge because except for sports games, most of the times the casino has always been at advantage because the games are usually tilted to their advantage so you have to basically depend on luck to be able to win the casino to their game a few times because you are actually lucky at that time as the games are actually in most cases having very slim chance of their players winning so they get to have the winning care small the times and a few times the players gets lucky and win, mostly by probability out of every ten the players get to win one or two.

This is why it's always advised that you apply caution to gamble responsibly because you can most of the times fail to keep to been responsible at the casino and then since it's programed for the casino to win most of the times especially on their game, you may most likely loose but then it's very important that you make sure you are playing casinos games for fun so when you loose your money you don't get to be really emotional about it.

[LUCKMCFLY]

So the casino remains the biggest beneficiary, right?

Yes, Casinos are the real winners. The reason they can payout a really huge ticket is because they have the money to do so. The number of people who lose in their gambling covers for those who win and yet give the company a lot of money. You’ll know this because you see some gambling sites giving you bonus amount to gamble or bonus odds. They wouldn’t do that if they weren’t making money.

Exactly, when a casino establishes its marketing option, when it establishes its bonuses, its contests, it has already completely identified how much it can win, and how much it is going to win for sure, because no Casino is Going to make a bonus plan , or contests for that they become decapitalized, in casinos there will Always be winners and losers, and obviously the winners are undoubtedly them, they have the house advantage, the truth is something very accepted worldwide and as a player you know why they have that, we still play and we think that we can be better and that sometimes with a stroke of luck we can win, it is not bad, but on a personal level I have always said something, when we are playing in a casino we must consider all these things, in order to learn to accept our results.

[TheUltraElite]

This is well understood by anyone mature enough that the casino is the winner in the long term and not the players, which is why the casinos flourish and the players go down in debt. The jackpot winner also has a cumulative loss that is bigger than the entire jackpot, so they are also not actually winners but net losers.

Hence the games at a casino should be played only for the entertainment value and not as quick method to make money because they will not make but break your balance. In case you see a short term profit, cash it out and dont come back. If you immediately lose, accept it and dont try to win it back.

[Amphenomenon]

This is well understood by anyone mature enough that the casino is the winner in the long term and not the players, which is why the casinos flourish and the players go down in debt. The jackpot winner also has a cumulative loss that is bigger than the entire jackpot, so they are also not actually winners but net losers.

Another crystal clear reason is from the fact that there are hardly any  casino  shutting down through bankruptcy while there continue to be more casino coming up with time because the owners are becoming richer while more individuals are coming also to venture into gambling and they are benefiting from new and old gamblers.

while People hardly play or see casino for entertainment but they are attracted to most casino mainly from the games available there and the kind of bonuses they offer.

[Jody.Drummer]

This is well understood by anyone mature enough that the casino is the winner in the long term and not the players, which is why the casinos flourish and the players go down in debt. The jackpot winner also has a cumulative loss that is bigger than the entire jackpot, so they are also not actually winners but net losers.

Another crystal clear reason is from the fact that there are hardly any  casino  shutting down through bankruptcy while there continue to be more casino coming up with time because the owners are becoming richer while more individuals are coming also to venture into gambling and they are benefiting from new and old gamblers.

while People hardly play or see casino for entertainment but they are attracted to most casino mainly from the games available there and the kind of bonuses they offer.

Exactly, I agree with you that I honestly have never seen or even heard of a casino closing down due to bankruptcy, and maybe in fact it never happened. However, we come back to the fact that gambling is a business for casinos and all businesses aim to make a profit, and I think the casino industry is one of those businesses that has significant profits, especially if most of the gamblers registered there are those who always overdo it and act aggressively who will usually deposit more money without hesitation.

As you said that lately we have more and more new casinos popping up which means that this business is really profitable for them, and all of that happens because there are many gamblers who come with the intention of earning while the game always runs randomly which means that one will never know whether the result at the end of the session will win or lose, in addition when we talk about business it is reasonable to say that casinos make a much larger percentage of losses than wins, and this is what makes them get more profit especially if the players always act excessively.

[Z_MBFM]

Every day, thousands of dollars enter or leave the treasury of casinos, and we always hear about a gambler who wins or loses a large sum of money.

The thing that caught my attention is that the casino never loses. The money that you win is not the property of the casino, but of another player. The casino is in the process of recycling the money that the players have invested. There is always a winner and a loser, and when you bet with an amount of money, you bet against the money of all the other players. If you win, they will pay you from their money, and if someone else wins, they will pay himBTCBTC from your money.

So the casino remains the biggest beneficiary, right?

Of course casino sites win more than gamblers. casino sites lure a gambler by winning several times and because of that win they gamble more and become addicted to gambling and later lose all their winnings and their own capital to gambling sites. so the gambler should not be too happy with the win. If the casino site can't make a profit how will they run their company and pay those who suddenly win huge amounts and cash out? Gamblers once win $1k and later lose $10k because the restlessness and greed within them make them deeply addicted to gambling and push them to bet large amounts.

[danadc]

This is well understood by anyone mature enough that the casino is the winner in the long term and not the players, which is why the casinos flourish and the players go down in debt. The jackpot winner also has a cumulative loss that is bigger than the entire jackpot, so they are also not actually winners but net losers.

Another crystal clear reason is from the fact that there are hardly any  casino  shutting down through bankruptcy while there continue to be more casino coming up with time because the owners are becoming richer while more individuals are coming also to venture into gambling and they are benefiting from new and old gamblers.

while People hardly play or see casino for entertainment but they are attracted to most casino mainly from the games available there and the kind of bonuses they offer.

Exactly, I agree with you that I honestly have never seen or even heard of a casino closing down due to bankruptcy, and maybe in fact it never happened. However, we come back to the fact that gambling is a business for casinos and all businesses aim to make a profit, and I think the casino industry is one of those businesses that has significant profits, especially if most of the gamblers registered there are those who always overdo it and act aggressively who will usually deposit more money without hesitation.

As you said that lately we have more and more new casinos popping up which means that this business is really profitable for them, and all of that happens because there are many gamblers who come with the intention of earning while the game always runs randomly which means that one will never know whether the result at the end of the session will win or lose, in addition when we talk about business it is reasonable to say that casinos make a much larger percentage of losses than wins, and this is what makes them get more profit especially if the players always act excessively.

You should not trust yourself, there are many fraudsters who do whatever they want to get money, they are capable of setting up a good casino even with the licenses , but without funds for them to be able to make money and then leave, it does not matter to them as long as I got money, that's something we see all the time, for that Reason when we are in a casino we must be aware of knowing that we are taking a risk, I don't trust new casinos, it really is like that, I'm Honest, I trust old casinos and bad Reputation, I have already gone through decoctions that I told myself I would never go Through again.

[Maus0728]

Definitely casinos, it's only logical to think that they're the one that's making all of the money because there wouldn't be a lot of these businesses popping up in the real world and in the online world if it's not a popular or even a really good way to make money for a business. The wins that's made by players, it's not a lot compared to what the businesses rake in, you got to remember that there's also some stupid gambling winners that just gamble their wins back again and they end up in square one again which is really stupid if you ask me.