Casinos makes more money not because of house edge.

[Localhostspeed]

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 I'm been honest, you do have a point but we as human need to accept that gambling isn't meant to enrich anyone. Gambling is like going towards a road you understand nothing about what is on the other hand and because of that, it's impossible to overcome how it was design to function, if you are lucky to make it and see the beautiful side of it then that's fine and if you are not lucky, then you have to move on because you know the consequences before starting.

The many problem we have about gamblers and loss is that we know very well that you can never know the end of an outcome until you try it, then why not start with an amount you know very well will not put you into problems, it's very easy to move on even if you don't make it in gambling when you know you can't win than when you have high expectations, it's the major problems we have among gamblers and not just gamblers but addicted gamblers.

[Mahiyammahi]

I think both are true house edge and emotion bot plays a vital role for sucking peoples pocket. No matter how hard you try you can control your emotion , cause we are human being. That is the reason we fall for this. Also the way casino attracts peoples also plays a very important role. If you look deeply you will findout that casino spent almost 50% money on their Advertising. Cause they know they just need to attract customer to play once, than that person will play regularly.

[aioc]

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 a 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.

Casinos are profit-driven platforms; they expect the money to keep flowing, and they have the house edge, which influences how we play.
If our focus is on winning and making a profit, we are going to be disappointed because that's how casinos want us to think and play
Because we cannot beat the house, we can only get lucky to beat it. The best approach has always been to play and enjoy; if you get lucky and win, withdraw and enjoy your winnings.
Don't be too greedy trying to win more.

[Akbarkoe]

The House Edge is the main force for casinos to make profits, but the OP is not wrong because playing gambling does cause emotions that will quickly affect the hearts and minds of people, victory and defeat are triggers for someone to be affected, basically the game will affect us both happy and sad, but certainly the casino makes a profit because of the House Edge, it is far more dominant, while others also contribute to profits, it's just that it's not as much as from the House.

[suzanne5223]

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.

Casino money making is through mathematical advantage, aka house edge, and smart business exercise which could be achieved through the use of promo, free spins, and more, but the aim is for dopamine to be triggered so the gambler will keep playing.

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

Yes, casinos are not just selling a game, but what they are selling is experience, aka thrills, escapism, hope, and the feeling of being a winner, which is why some gamblers are trapped with the game.

[Pi-network314159]

In whatever way you put it, house edge is still the main point. There is no how casino will make profit without the loses of the gamblers. And this loses only happens Because the casino set a system that makes it difficult for gamblers to win, and the difficulty in the game makes them come for more and more. So I will say the house edge is like a trap to attract gamblers to keep on chasing the bag or loses till they have nothing to gamble again. All this strategy are what makes up the house edge. Or do you think there is anything different from this?

[Wakate]

You don't expect a game provider to be at lost when they must have programmed their games to give results that will favour them more than the ordinary gamblers that are trying to make money from the casino. There are so many ways casinos are making money from us and this is not really about house edge or market manipulation. Casinos have more advantages than players on their platform.

[Odusko]

House edge alone can make all the revenues for the casino, in fact there are other several ways that the casinos generate money that keep the business running for them, but yes house edge can be listed among other means that casinos generate money and in fact anything that makes A gambler to gamble more puts the gambler at higher risks.

[Alphakilo]

Besides the house edge, I think casinos feature games that isn't created by them and they are paid to do so. Gamblers also contribute when they fail to abide to TOS of operations or they lose control of their emotions and give way to their greed of which the casinos count on to make more money with the kinds of odds they give or games they present.
Somehow, making money isn't just a one way road for a casino business and that's the mechanics of how things are and why so many gambling businesses exist till date.

[Orpichukwu]

If you are saying the house edge is not the major thing that gives casinos money, then you are in the same line as those who say gambling industries make more money from gambling addicts than the money regular players put into the system. There is sense to it, but people can still all learn how to control their emotions, and they will still be in profit.

[o48o]

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.

You are talking about the product. If these were games that wouldn't allow betting by money, then psychological hooks might be enough to get people hooked, but games would have to be more complex and have a story. When people are betting with money, there's no point to build complex games, as complexity would mean more possible exploits and house edge would be harder to calculate.

And when money betting is involved, that means way more risk to casinos, unless they have a that house edge, which is literally the only thing that ensures that casinos make money. Without it no one sane would invest into casinos, because it would be all about luck to casinos as well then. You can't calculate human behavior to be sure that everyone will behave same way, but you can calculate house edge.

[Odogwu-Blockchain]

I have said it many times and I'll say it again and again. Gambling industry has always understood the psychology of human beings than human itself. They uses this trick to trap vulnerable gamblers, uses them to their advantage and dump them whenever they are no longer useful.

These guilable players never knew the other side of excessive desire for gambling, it's rough, very rough for weak gamblers, they are the people who feed the casino industry.

Imagine casino having 10,000 vulnerable players, that's richness. Especially if these players are rich dudes.

[Finestream]

Everything that involves with money, emotions is always high. And because we have seen gambling that can be our quick source provider of income, then most likely people gamble with full of emotions. And that's where casinos create an advantage for us, the more emotional we are, the higher the chances we will lose bigger amount, and make casinos profitable all throughout.

So I get your point, OP. Aside the fact that casinos house has always the edge, casinos also want to control our emotions so that the more emotions we pour on gambling, the more successful and profitable a gambling casino is.

[Accardo]

If you are saying the house edge is not the major thing that gives casinos money, then you are in the same line as those who say gambling industries make more money from gambling addicts than the money regular players put into the system. There is sense to it, but people can still all learn how to control their emotions, and they will still be in profit.

Without the house edge every gambler would win big too often and the emotional problem won't be there in the first place, players would be happy more often than not. House edge gives players little opportunity to win, some give 2% win for every $100 wagered, results as such is enough to make players want more of the small wins they get in the casino. Also, house edge saves the casinos from not going bankrupt, any casino that gives players more than 50% house edge won't endure for two months before they run out of business. In a nutshell, the house is what helps the house to grow financially and aswell keep players hooked in the game for too long.

[Fivestar4everMVP]

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.

Every thing you've said still ran down to one thing, the house edge, it is the house edge that controls every happenings, outcomes in the casino, the house edge works hand in hand with the casino's algorithm to ensure that no matter how much a player(s) wins, the casino is always in profit even in the short, medium and long term.

I will you an example, the house edge is always there at the back end of the casino working together wit the casinos algorithm, now imagine you gambled and lost money and because you lost control of your self, you decided to start chasing the money lost to try to win it back, the reason you will continue to potentially lose even more money is because the house edge is still there working.. Let the house edge be removed completely and let winning and losing be really fair at 50/50 Chance, you will definitely end up winning back every penny you lost to the casino in just one or two Lucky rounds, and this is it's the house edge that reduces gambler's chances of winning even on a game that is advertised as provably fair, the game maybe designed with a 50/50 chances of winning or losing, but the house edge automatically reduces the gamblers chances of winning to let's say 10%, while it increases the casino chances of winning to 90%, this is why for the gambler, losing is way easier than winning.

[Davidvictorson]

Whatever your opinion, the house edge still plays the biggest role in generating profits for casinos.
If they have a lot of active players but the house edge is very low, even below the average set by other casinos, the profits may not be enough to cover their operating expenses.

I so much agree with you.
A casino cannot make remain in business without the house edge. In fact, I believe that every other thing is built around the house edge. It is profit first.

[nelson4lov]

In my time in the gambling world, I've come to realize that edge is the single, largest differential anyone can have. If you have an edge in this gambling market, you win. It's the same way casinos have house edge that gives them an edge and it also means the game never starts on a level playing field.

All the other reasons are important factors too that casinos benefit from but nothing beats edge at the end of the day.

[freedomgo]

I have said it many times and I'll say it again and again. Gambling industry has always understood the psychology of human beings than human itself. They uses this trick to trap vulnerable gamblers, uses them to their advantage and dump them whenever they are no longer useful.

These guilable players never knew the other side of excessive desire for gambling, it's rough, very rough for weak gamblers, they are the people who feed the casino industry.

Imagine casino having 10,000 vulnerable players, that's richness. Especially if these players are rich dudes.

No wonder we are still hooked on gambling, because they are smart when it comes to attracting us in so many ways. They give bonuses, put players into VIP programs, and use all kinds of methods just to keep us interested in gambling.

I think OP's title can easily be misunderstood if people don’t read the full post. Because the way I understand it, casinos make more money not just because of the house edge, but also because of the factors you mentioned. They understand gamblers very well, while sometimes we don’t even understand how they work, and that’s another advantage on their side.

Just imagine it this way, we treat gambling as fun, but they treat it as business. You already know how that usually ends.

[Ronsbit]

It is indeed "emotional traps wrapped in entertainment," and that is likely the truth because normally, if a player plays and loses games in a row, the next thing that should ring in the player's head is to quit the game for the moment and take a break, but in this case, emotion takes over the player, and that player Plays uncontroably to recover their losses and there is where the profit for the casinos comes in much because at that stage the player can not control their emotions again and it seems they need to regian what they have lost and that is how it begins and the casino keep making big profit from all these.

[Dave1]

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.

You are pointing the obvious here, specially in slot games, in the last 15 years or so, they have developed games that is like playing something in our mind. The theme, the songs, the colors, everything is perfect because they understand the psychology on how to attract gamblers with their UI and everything. As if they have a magnet on those games. And behind it, they also play us with their near hit or near miss algorithm.

They gave us this false hope that we are in the control of the game, and that anytime we will hit that magical bonus and then getting huge multipliers. But in the end, everything is just a facade, that they manipulated us with house edge and play with our emotions.