Between the gambler and the casino who lose more

[traderethereum]

Gamblers can lose much money than the casino. We should think that from many gamblers, only small percentage of gamblers can win much money and that makes the casino gets the big profit.
New start up casino can lose much money against the win gamblers but the chance for the casino to recover their losses will be bigger than a lose gamblers. The casino can easily attract gambler attention to return to their casino by giving many promotions that makes gamblers lured.
Gamblers will get a big risks if they still return to casino without stopping for a while and will lose their money easily. Although the casino also have the big risks to lose their money, casino can recover their lose in a short time because many people will lose their money by playing gambling in that casino.

[Frankolala]

I don't know if this have been discussed before, but this question was born out of the discussions that we hard today on one of the threads in the forum about, the risk of casino's losing money as a start up, what it means is that, most cryptocurrency casino that are New start up have been faced with the challenges of gambler's winning big amount even on the first day of their lunch, so for that we have to make out time to discuss this topics as for who lose more between the casino operator or the gamblers and how can you compare the risk of casino Dev and against the gambler himself?

A new casino would already have funds available for their customers who wins if not it shows that they are not serious and don't want to build their reputation or gamblers will see them as scam. Funds is one of the major requirements any casino needs to grow at the beginning.

Offcourse we are aware of the some features that could put the casino at advantage such as the house Edge, but even for that some gambler's are lucky win big despite the house edge that put the casino t advantage, so between the two who risk more.

I believe that if 100 gamblers stake their bet maybe 5 of them might win and their profit depends on the amount that they used in staking. Casinos are always in profit and gamblers are always at loss because in gambling you lose more than you win which I believe all gamblers have experienced this only few lucky ones who were able to win huge and quieted gambling. If most casinos are losing they would have packed up by now.

[davis196]

I don't know if this have been discussed before, but this question was born out of the discussions that we hard today on one of the threads in the forum about, the risk of casino's losing money as a start up, what it means is that, most cryptocurrency casino that are New start up have been faced with the challenges of gambler's winning big amount even on the first day of their lunch, so for that we have to make out time to discuss this topics as for who lose more between the casino operator or the gamblers and how can you compare the risk of casino Dev and against the gambler himself?

Offcourse we are aware of the some features that could put the casino at advantage such as the house Edge, but even for that some gambler's are lucky win big despite the house edge that put the casino t advantage, so between the two who risk more.

Your question cannot be answered, because we don't have valid examples of new casinos, that closed their business due to losing too much money at the launch. Maybe some former casino owners, who had such experience with losing their initial investment could share their thoughts.
I don't think that anyone would be willing to share specific data about how much money he lost after the launch of his gambling business.
Maybe some newly launched casinos could use shady practices, like postponing withdrawals before they make enough money to pay out the winnings of certain gamblers.

[Mia Chloe]

Both gamblers and casinos lose when it comes to gambling however gamblers lose more often than casinos do. well it's something that's quite obvious because if you come to think of it if casinos lose too often than gamblers do, they'll likely end up going bankrupt or suddenly close down. Casinos and betting firms have their way of regulating their losses and even the losses of gamblers too.
This is because if the gamblers too are made to lose unnecessarily, they will gradually begin to lose customers and still they will go bankrupt. As a responsible gambler, one has to make sure that he's playing the right game that he understands to avoid unnecessary losses.

[Dr.Bitcoin_Strange]

Offcourse we are aware of the some features that could put the casino at advantage such as the house Edge, but even for that some gambler's are lucky win big despite the house edge that put the casino t advantage, so between the two who risk more.

Recently, I made emphasis on these similar  discussion and I was of the opinion that casinos are usually earning more than gamblers. It's not something we should start arguing about again because on a clear note, casino is a very profitable business for the owners, if it was not, then so many of them would have close down and these new upcoming ones will  not arise.

Casino earn from gamblers losses and it's a fact that gamblers losses more than they win and all those losses goes to the casino and game providers.

Secondly, casinos are earning every minute from the withdrawals of every gamblers. For  example, stake.com charge $1 fee for every withdrawal made by gamblers. If at the end of every day, two million gamblers withdraw their winning from the casino, do you know how much? , that's just for withdrawal fee.

[Jody.Drummer]

so for that we have to make out time to discuss this topics as for who lose more between the casino operator or the gamblers and how can you compare the risk of casino Dev and against the gambler himself?

In my opinion, however, it is clear that the casino operator will win more in this case because they have a role as a host where they seek profit from the many gamblers who play, with the many cases of losses that occur, it proves that the casino operator will win more. In addition, they build casinos with the aim of seeking profit, so it is natural that gamblers or players only experience a lot of defeats, unfortunately some gamblers often lose their minds when gambling where they gamble without seeing the chances of winning that are in their favor are small. In contrast to the opportunities owned by the house operator because they have a greater chance than the gambler, this is absolute and applies in the long term in gambling, no player can change this provision, so the house operator will win more and for players or gamblers to win more or win consistently is impossible.

[Gozie51]

the risk of casino's losing money as a start up, what it means is that, most cryptocurrency casino that are New start up have been faced with the challenges of gambler's winning big amount even on the first day of their lunch, so for that we have to make out time to discuss this topics as for who lose more between the casino operator or the gamblers and how can you compare the risk of casino Dev and against the gambler himself?

I don't think there is no way that gamblers would profit more than the casino. Although I have known of certain big wins that destabilized some casino who are starting up but that is for those who are really starting up with no branch or affiliates casinos that have already stood the tides. Maybe you mean those casino that doesn't really have affiliates but if they have, then they get to pay such big wins from there parent body. Therefore, except in the case that the new casino doesn't have parent body. I know that in offline betting shops, big wins don't become problem because parent body make such payment as the winner is referred to head office for payment if it is huge win.

Offcourse we are aware of the some features that could put the casino at advantage such as the house Edge, but even for that some gambler's are lucky win big despite the house edge that put the casino t advantage, so between the two who risk more.

Yes, a new casino starting up may be unluck with big win against them for their start up and if they don't have adequate reserve, it can bring them down especially with online casinos but offline usually have parent body that players or winners can be referred to only that the winner need to present their winning coupon, slip or ticket.

[Kelward]

If you're talking about these new casinos losing money on its first few days of opening, then its possible only if they don't have huge or enough bankroll to start the business. But its only rare, once the operation starts casino business will be in total of profits in the long run. But once this new casino have different marketing approach from different platforms, it's good to say that they have enough balances to operate.

The house edge puts casinos on unfair advantage against the gamblers so clearly gamblers loses more than them. It's mainly the new casinos that doesn't have sufficient startup capital that can be hit by lose if a gambler were to win big. Ofcourse this should be rare because if one gambler wins big that means that more gamblers have lost big at the same time. If new casinos should experience loses it could probably be only on the first few days or weeks if there's a big win and they're experiencing low patronage to recover the loses.

[TopTort777]

OP, I think you are trying to compare two completely different things. Business risk vs instant game risk. You cant compare business risk as something instant. This is a long lasting project. That is why companies create business plans. And on the other hand a gambler. He cant make a calculation of his possible risks in next 6-12 months. OP, you wont get a true answer. Casino spend millions from the start, a gambler can start with 1 cent. During 10 years period casinos can work 9 with a loss, and one with a profit, as well invest dividents and profit into future. During same period a gambler can lose millions, but can drop gambling after a first bet.

[lovesmayfamilis]

Opening a casino for people without experience and expecting profits will most likely be a very imprudent action. Therefore, a new casino is probably opened by people who have good initial capital and most often already own other casinos. Therefore, thinking about what funds the casino pays out winnings from should not bother customers. But the fact that the casino will always be in profit is a well-known opinion. Read about such a concept as the "principle of negative mathematical expectation." Bookmakers always remain in the profit; I think all other games also bring profit to the casino; otherwise, it would be an unprofitable business for the owners.

[Apocollapse]

Casino is a business and only few of them can survive, most of them fail.

In online business, it can fail due to many reasons e.g. hacked, bad management, etc including the project is actually bad and has no customer.

Theoretically gambler should lose more than the casino due to house edge, but casino isn't only about build the site and offer the games, there are many X factors like what I mentioned above.

[Fiatless]

New start up casino can lose much money against the win gamblers but the chance for the casino to recover their losses will be bigger than a lose gamblers. The casino can easily attract gambler attention to return to their casino by giving many promotions that makes gamblers lured.

https://clarifycapital.com/blog/what-percentage-of-businesses-fail

It is not as easy as you think, because new startups face many problems. They usually suffer losses since they will not have enough gains to cover expenses. But as they keep attracting customers and expanding, the business might gain stability and become profitable. Even in the forum, some new casinos might not be able to sustain promotion campaigns because they are not getting the needed traffic. Some of them even go to the extent of closing the casino because it is not sustainable. Casinos that have lasted for about three years or more should be able to make a profit. While gamblers might be making more profit than new gambling platforms since they are not yet established,.      

[bering]

There was no valid data which can support this question and it just only a speculation because we didn't know who is lose more between the casinos or the gamblers but during involved to online casinos i never heard any newly casinos who go to bankrupt on their first day launch because they cannot pay huge winning from the gamblers besides that i think new casinos cannot automatically to gets high roller gamblers because to gets the costumers like this they have to earn their reputation
And in my opinion only some people who can beat the casinos and makes those casinos bankrupt but most of the gamblers in the world so far only lost their money at the casinos and never gets any decent winning during their gambling activities and regarding this question probably the gamblers who lost more compared to the casino

[iv4n]

It is not as easy as you think, because new startups face many problems. They usually suffer losses since they will not have enough gains to cover expenses. But as they keep attracting customers and expanding, the business might gain stability and become profitable.

I think that the keywords here are "keep attracting customers", and if casinos fail to attract customers & keep the existing players on the site they will just lose money on marketing, maintenance, etc.

Every start is difficult, the competition is high and it's difficult to attract players who already have favorite places, new casinos must show extra effort if they want to make a good business. This usually means investing heavily in marketing, promotions, a wide selection of games, live support, and everything else that makes a casino a good place to play. Of course, there are no guarantees of success, but without these things, the casino is doomed to fail...

[Fivestar4everMVP]

I don't know if this have been discussed before, but this question was born out of the discussions that we hard today on one of the threads in the forum about, the risk of casino's losing money as a start up, what it means is that, most cryptocurrency casino that are New start up have been faced with the challenges of gambler's winning big amount even on the first day of their lunch, so for that we have to make out time to discuss this topics as for who lose more between the casino operator or the gamblers and how can you compare the risk of casino Dev and against the gambler himself?

Offcourse we are aware of the some features that could put the casino at advantage such as the house Edge, but even for that some gambler's are lucky win big despite the house edge that put the casino t advantage, so between the two who risk more.

First of all, I personally feel that it's wrong to compare casinos and gamblers like this, and this is because, casinos are built as a business, while the gamblers are like the customers who bring their money to buy a particular product from the business, casinos are built to make profit, specially as their userbase grows, this is why casinos delight in having alot of users.

House edge is an advantage a casino have, but this is not the end, alot of users is also a very good advantage, much better than the house edge, and this is because, with the house edge, a player can still win a good amount of money which the casino must pay, but if the casino have a lot of users playing there, when 3 or 4 players wins a game, rest assured that over 1000 other players lost that same game, and this way, the casino can easily pay the players that won from the money they got from the players that lost, and still have alot of money to save for other stuffs.

So, in the nutshell, casinos make more money than gamblers, casino as a business is built to make money, but on the other hand, gambling is not a source of income or making money, people only treat it as such because of the possibility of winning some money from it.

[laijsica]

Both gamblers and casinos lose when it comes to gambling however gamblers lose more often than casinos do. well it's something that's quite obvious because if you come to think of it if casinos lose too often than gamblers do, they'll likely end up going bankrupt or suddenly close down. Casinos and betting firms have their way of regulating their losses and even the losses of gamblers too.
This is because if the gamblers too are made to lose unnecessarily, they will gradually begin to lose customers and still they will go bankrupt. As a responsible gambler, one has to make sure that he's playing the right game that he understands to avoid unnecessary losses.

Gamblers losed most of the time and developers of casinos or other gambling boards conduct extensive research on their winnings by applying all sorts of psychological and intellectual techniques to motivate gamblers to gamble. Yes developers have very subtle manipulation of gambling control strategies which attract and addict gamblers but at the end of the day the casino wins.
Gambling has a hugely motivating psychoactive effect that can make a gambler confident of winning and ultimately addictive. However, a gambler has a higher chance of winning through patience supply of limited funds but depends on luck every time.

[retreat]

The answer is obvious that casinos have an advantage over players. If players had an advantage over casinos then we would not see any casinos operating today, because their purpose in running a casino is to make more money from the industry, and when they are not making more money, why would they run the business. Casinos have a house edge, which means they will always have an advantage over the players.

[Odusko]

A new casino would already have funds available for their customers who wins if not it shows that they are not serious and don't want to build their reputation or gamblers will see them as scam. Funds is one of the major requirements any casino needs to grow at the beginning.

That is it, as a start up capital there is a need to have a reburse of amount of money available to payout winning before the operation of the casino kick off, between no matter what the amount of available capital is, there is still tendency that a gambler may win some or whole of such an amount, let say if multiple player's win huge amount on they first stake, but also we have to know that we are in a time where every business comes with it own high risk so it is important for the cryptocurrency casino team to have a system on ground that can take care of that particular possible occurrence.

Because when gambler's win and their are not able to pay out because of the amount, it is important that there is alternative for to out whatever amount that comes from bets on that casino as well, unless if the team just decided to be scam

[bangjoe]

I don't know if this have been discussed before, but this question was born out of the discussions that we hard today on one of the threads in the forum about, the risk of casino's losing money as a start up, what it means is that, most cryptocurrency casino that are New start up have been faced with the challenges of gambler's winning big amount even on the first day of their lunch, so for that we have to make out time to discuss this topics as for who lose more between the casino operator or the gamblers and how can you compare the risk of casino Dev and against the gambler himself?

Offcourse we are aware of the some features that could put the casino at advantage such as the house Edge, but even for that some gambler's are lucky win big despite the house edge that put the casino t advantage, so between the two who risk more.

This is a bit difficult to discuss in my opinion, because basically what we know is that casinos will still win no matter what, maybe you are right that there are gamblers who get big wins at one casino, but we don't know how many people lose at the same time with amounts that may be much greater than the winnings obtained by that one person.

In this case we do not know how many people won and how many people lost, and also how much capital was spent by the casino to do so, unless we can find out the data, maybe there we can discuss by data and realistic calculations of profits and losses.

[Mpamaegbu]

Offcourse we are aware of the some features that could put the casino at advantage such as the house Edge, but even for that some gambler's are lucky win big despite the house edge that put the casino t advantage, so between the two who risk more.

The odds of losing are always stacked against gamblers than they're against casinos. Apart from the house edge, there's also that limitation in some casinos on cash out. Sadly, casinos don't place such limitation on losing bets so gamblers can be saved the headache of further heartbreak. The obvious fact is that if gamblers had upper hands over casinos in their wins we wouldn't be having more casinos and betting companies spring up yearly, IMO.

Gamblers are like guests while casinos are the house owners. No one knows your house better than you do.