Casinos makes more money not because of house edge.

[masulum]

Many people or players blame the casino for losing a lot of money, but the casino doesn't force you to play; the casino only provides a service. The player decides which game to play and how much money to play with. If they lose and become addicted, it's not because of the casino. The casino assumes that if you are an adult when playing, you should understand all the risks involved.

yup, a lot of gambler and mostly a newbie or people who hate a gambling, believe that gambler losses are due to the casino cheating to take all of money from their customer. However, these accusations is wrong, because every loss is a part of result of bad luck from gambler it self. Casinos are entitled to get some money from fee for their services, and this is taken from the house edge, which is normal. in other side, any losses and addiction experienced by gamblers are the gambler's responsibility, not the casino's.

[DiMarxist]

The reason why Casino's make more money is not because people lose control while gambling but they understand human psychology and thinking. It's in the nature of humans to make profit especially when the means through which we humans are making money is easy and simple without too much effort. The owners of the Casino knows that if humans are tempted with the hopes of making millions in a matter of minutes just sitting at home with little capital called stake, that will excite people and more people are likely going to try making millions so the more people tries making millions from the Casino. The more money that accrues to the Casino, they casino is just manipulating human intelligence and greed to their own advantage.

[Jody.Drummer]

People lose control not because of the casino’s edge, but because they cannot accept losing. As a result, they lose control while gambling, driven by a desire to recoup their losses even though this does not guarantee they will get their money back, since the casino, as the house, has a greater advantage in winning. so people who keep betting are likely to suffer significant losses, but they’re lucky if they can win an amount that covers their losses or even more.

It’s part of the process. Casino house edge cut a small return on our bet that becomes big if you play longer and convert to losses. Your mind will be affected psychologically in the long run if your balance is already decreasing even if your game is just on breakeven.

This scenario typically ignite impatience and cause to chase losses. It’s true that most of gambler lose is due to chasing those losses but those losses was heavily impacted by the house edge.

I firmly believe that the house edge remains significant whether we play for a long time or a short time, the house edge remains substantial compared to our chances of winning. Our mindset while playing can be influenced by whether we win or lose, but that depends on ourselves. If someone plays wisely, they won’t be swayed into taking risky actions; instead, they’ll make decisions that avoid the risk of loss. Being influenced is inevitable, but if someone fails to control themselves, they might make risky decisions such as chasing losses, for example.

[KTChampions]

Many people say casinos make money because of the house edge, and sure that’s true, but I don’t think that’s the full story.

You know why they really win more, it’s because they understand human behavior. I’m pretty sure most of us can relate to that. The moment we lose control of our emotions, we start chasing losses, and that leads to gambling more than we were supposed to. That becomes extra money for them. So in a way, what really reduces their income is when players stay in control.

And another thing, those near misses, like an almost win, or even small winnings, can push people to gamble even more. Casinos understand how people feel. The system is designed with house edge to beat us in the long run, but there’s another side running at the same time, and that’s the psychological side of it, almost like marketing.

In my view, casinos are not just selling games, they are selling emotional traps wrapped in entertainment.

If the advantage were in the player's favor, it wouldn't matter whether they lost their head or not - they'd win, and the casino would lose. Therefore, the only reason casinos make money is because gambling games are designed and played in their favor. Anything else, like retaining players, pushing them to spend more, etc., are just marketing ploys that don't change the essence of gambling. If you take away the house edge, then everything else won't work no matter how hard you try.

[rachael9385]

The reason why Casino's make more money is not because people lose control while gambling but they understand human psychology and thinking. It's in the nature of humans to make profit especially when the means through which we humans are making money is easy and simple without too much effort. The owners of the Casino knows that if humans are tempted with the hopes of making millions in a matter of minutes just sitting at home with little capital called stake, that will excite people and more people are likely going to try making millions so the more people tries making millions from the Casino. The more money that accrues to the Casino, they casino is just manipulating human intelligence and greed to their own advantage.

That's accurately said, we say that the casino was designed to make gamblers lose but the actual factor here is that the game is psychological and gamblers fall into the trap of the casinos because of their greed. The more profit that a gambler makes he would only be prompted to make more instead of taking a break.

[Fivestar4everMVP]

The reason why Casino's make more money is not because people lose control while gambling but they understand human psychology and thinking. It's in the nature of humans to make profit especially when the means through which we humans are making money is easy and simple without too much effort. The owners of the Casino knows that if humans are tempted with the hopes of making millions in a matter of minutes just sitting at home with little capital called stake, that will excite people and more people are likely going to try making millions so the more people tries making millions from the Casino. The more money that accrues to the Casino, they casino is just manipulating human intelligence and greed to their own advantage.

Sorry but I do not agree with you, casino owners don't understand any shit, they are not psychologist so there is absolutely no way they will understand how humans behave in general, and do you know what behaviours vary from person to person? That is, it's not the way you behave that I behave and it's not every thing you believe in that I believe in..
Only super humans or more like aliens that will perfectly understand the human psychology, how humans think generally.

So then, the simple reason why casinos are winning in gambling while gamblers are losing is no other than as a result of the house edge advantage which is what makes a casino a running business and not a gambling entity or a group involved in gambling with or against their users.
Without the house edge, casinos will be no different from ordinary gamblers like you and me and many of them will be losing money significantly while  the users will be winning.

[M47AK16]

The fact is that an ego of always being a winner can be the cause of disproportionate loss that may in fact be less than the results achieved. You can save yourself this trouble of exhausting your resources of worthless pursuits which may be enjoyed here and now before you find that much of what you spend on them is wasted.

Actually, most of the times, it's less about always being a winner and more about not being a loser, and there is a difference between them. Always being a winner means to be profitable all the time, and not being a loser means to at least have your bankroll safe from losses even if you don't win anything on top of it, and this is the biggest reason why people mostly chase their losses.

Once they lose some money, they decide that they will at least recover what they have lost before they stop, even if they don't make any profits, and we know that recovering your losses in gambling is no joke, so most people lose the remainder of their bankroll in this pursuit.

Gambler should understand that once an amount has been lost, they shouldn't chase it and let it go instead of losing more in order to recover what is already lost. Gambling is about trying your luck to see if you can win something or not, if you do, that's great, but if you don't, you should just get the point and stop right there if you know you can't afford to lose more.

If you continue with the mindset that you are going to recover your losses, your results will only keep getting worse.

[Wakate]

The reason why Casino's make more money is not because people lose control while gambling but they understand human psychology and thinking. It's in the nature of humans to make profit especially when the means through which we humans are making money is easy and simple without too much effort. The owners of the Casino knows that if humans are tempted with the hopes of making millions in a matter of minutes just sitting at home with little capital called stake, that will excite people and more people are likely going to try making millions so the more people tries making millions from the Casino. The more money that accrues to the Casino, they casino is just manipulating human intelligence and greed to their own advantage.

That's accurately said, we say that the casino was designed to make gamblers lose but the actual factor here is that the game is psychological and gamblers fall into the trap of the casinos because of their greed. The more profit that a gambler makes he would only be prompted to make more instead of taking a break.

Casinos are already designed to make money from their platform and when you choose to use a casino to bet, be rest assured that you could either lose to the casino or win from the casino. Winning will never take too long for you since the more you gamble, the higher possibility that you are going to lose.

[junder]

You have said it all. Only those who have the strong will to gamble responsible and practice self control wouldn't fall into excess losses. The problem isn't the initial losses, but the problem is when you start chasing your losses as if there's a guarantee that you will recover them back. Luck is the major thing for you to be profitable.

I agree with you, luck really is the key factor in winning at gambling, because there’s no guarantee of winning even if you put in your best effort and use a strategy you believe in.

I can’t say that winning at gambling is guaranteed by any means, because it depends entirely on luck.

[ChocolateBitcoinK]

You have said it all. Only those who have the strong will to gamble responsible and practice self control wouldn't fall into excess losses. The problem isn't the initial losses, but the problem is when you start chasing your losses as if there's a guarantee that you will recover them back. Luck is the major thing for you to be profitable.

I agree with you, luck really is the key factor in winning at gambling, because there’s no guarantee of winning even if you put in your best effort and use a strategy you believe in.

I can’t say that winning at gambling is guaranteed by any means, because it depends entirely on luck.

I also always think that there is no strategy in gambling, everything depends entirely on luck, so here we should never be overconfident and make any excessive decisions. Making unrealistic decisions will only lead us to losses, and if we make any decision based on greed and emotion, then it will be a completely unrealistic decision, which will definitely lead us to losses. So where luck is the root of everything, here we should definitely not do anything excessive, here we must first take care of our financial limitations and maintain full control over ourselves.

[LUCKMCFLY]

Yeah right, the casino did not force you to keep on playing or to use the amount that you can't let go, they just provide the service and it's more on how a gambler will play the game, and how they'll going to spend their time and the money that they will allocate for their gambling, and like what you said, it's on the gambler side if they'll fall into addiction as casino will always open as long as there's permit that being provided by the government where they are facilatating their business.

And that's why the casino can't be blamed for addiction cases; every addiction will always have its impact on players who are unable to control themselves. The house advantage and all of this has its globally accepted rules, and it's irrelevant now. The moment a player sits down to play, they already know they're battling the house advantage; that's logical, there's no other way around it.

[Dunamisx]

If we think the casino are making money only by the house edge when we Gamble, then we may be getting it wrong because there are other means to how they make their profit by operating a casino, also we should know that many gamblers will feels discouraged because they have to assume that their money is bought has been using in maintaining the operation of the casino and they don't have any chance of winning because of this reason.

[Fredomago]

Yeah right, the casino did not force you to keep on playing or to use the amount that you can't let go, they just provide the service and it's more on how a gambler will play the game, and how they'll going to spend their time and the money that they will allocate for their gambling, and like what you said, it's on the gambler side if they'll fall into addiction as casino will always open as long as there's permit that being provided by the government where they are facilatating their business.

And that's why the casino can't be blamed for addiction cases; every addiction will always have its impact on players who are unable to control themselves. The house advantage and all of this has its globally accepted rules, and it's irrelevant now. The moment a player sits down to play, they already know they're battling the house advantage; that's logical, there's no other way around it.

Once they enter the house there are so many factors that they need to consider and including to that is the house edge which similar to what you said each gamblers already knew that but it was mostly their emotions that leads them to overspend their finances and the time that they spent for their gambling activities.

If we think the casino are making money only by the house edge when we Gamble, then we may be getting it wrong because there are other means to how they make their profit by operating a casino, also we should know that many gamblers will feels discouraged because they have to assume that their money is bought has been using in maintaining the operation of the casino and they don't have any chance of winning because of this reason.

Without proper discipline most likely casino or the house will keeps on cashing out their earnings, those gamblers who overspend their time and their will keep on losing and will keep giving that profits to the house, emotional control and good money management.

[impulse709]

If we think the casino are making money only by the house edge when we Gamble, then we may be getting it wrong because there are other means to how they make their profit by operating a casino, also we should know that many gamblers will feels discouraged because they have to assume that their money is bought has been using in maintaining the operation of the casino and they don't have any chance of winning because of this reason.

Casinos profit more than just due to the house edge; it's also related to gambling patterns and volume. Players often keep playing because of losses, emotional reasons, and spend more time gambling, benefiting casinos. There is also high revenue from VIP players, sports betting and other services. The house edge is just an edge but profits come from being consistent and having many players. That's why it's important for gamblers to be disciplined and view gambling as a form of entertainment not a source of income.

[alani123]

Well your title is a bit misleading but reading into the OP post the thought process is correct.
In theory, players' winnings are 100% - house edge % of total waggered amounts. But casinos have unlimited earning potential over let's say all players having x amount of money in their account. Because if all players keep waggering, eventually the house edge is going to lead everyone to losing it all.

And that's when the addiction comes in. Casinos benefit from their players being addicted so that's why you can notice severel patterns in today's gambling. Especially the shifting focus towards slots with nice animations and impossible multipliers. Casinos just market the most profitable games.

[nimogsm]

The goal of any business is to generate profit for its owners. They, in turn, sell us services and experiences, and the end consumer in our case, the player-takes responsibility for the consequences. The advantage of a casino is that, regardless of whether the player is experienced or not, the system is designed so that the player will ultimately lose money in the long run.

[xenomorfo]

Well your title is a bit misleading but reading into the OP post the thought process is correct.
In theory, players' winnings are 100% - house edge % of total waggered amounts. But casinos have unlimited earning potential over let's say all players having x amount of money in their account. Because if all players keep waggering, eventually the house edge is going to lead everyone to losing it all.

And that's when the addiction comes in. Casinos benefit from their players being addicted so that's why you can notice severel patterns in today's gambling. Especially the shifting focus towards slots with nice animations and impossible multipliers. Casinos just market the most profitable games.

No, in my opinion you are wrong too, online casinos make money because they don't have a physical place to maintain.
You have to keep the place, it has to be beautiful, real people have to work there. Understand that all this costs and costs a lot.
Everything is easy online, one site and off you go.

[Aanuoluwatofunmi]

If we also own a casino, I believe you will also device other means to earn from aside the house edge we may see, because we wouldn't want to make loss at the cause of operating a gambling casino, the same applies to the ones we see around us that they have more than one things they do to generate them income aside when you only gamble and lose, there is more to online casino operations than what some of Us already knew.

[LUCKMCFLY]

Once they enter the house there are so many factors that they need to consider and including to that is the house edge which similar to what you said each gamblers already knew that but it was mostly their emotions that leads them to overspend their finances and the time that they spent for their gambling activities.

Yes, but not only that, there are things that have a big influence, for example each game has its own complexity and that's what makes it different, it's not just the house advantage that matters, human errors also come into play, sometimes human errors make us win, but most of the time they make us lose more and more money, even doing this we continue forward, but with the caveat that we must learn from our mistakes.

[Julien_Olynpic]

Of course, the casino has an advantage, and it plays a significant role in its profits. But even more important is the asymmetry of losses and wins, which players have and the casino does not. The casino doesn't play in the traditional sense; it merely manages its funds and passively opposes players. Players' money, however, is reduced by the asymmetry of losses and wins. Simply put, if you lose 50% of your bankroll, then to restore your previous bankroll value starting with a new, reduced amount, you'll need to make not 50% of your profit, but 100%, which is twice as difficult. If you lose three-quarters of your bankroll, then to restore it to its previous value starting with a new, reduced amount, you'll need to quadruple or increase your bankroll by 300%. These are incomparable probabilities.