Casinos makes more money not because of house edge.

[Inior]

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.

In all the house edge is still there reason peolle lose control and use their emotions to gamble. If the casino adopted a fair system gamblers would have the opportunity to go home with wins up to 50% of their time they gamble but you see casinos said it "probably fiar" meaning they're not willing to tell you the percentage of your win probability i guess it's around 10-20% especially on casino games. It all fall back to the casino so they're the driver of this system and the ones to determine the experience of the users of their system.

[Antotena]

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.

Gambling is full of opinions and that's why I wouldn't say you are wrong but I have my opinion that is different from what you have said. Gambling is hard to win because we don't know how it was created and how it was going to end. What we are doing I simply risk taking and hope it favour's us, what we are doing is studying a pattern and continue to follow up and make money but the advantage to casino is that they know pattern changes and doesn't last long.

As long as we don't have one pattern to how it's gong to end, we can never outsmart the casino. You can be betting on Manchester City to be winning and trey will be doing it for some time only for that pattern to change again. The number of times that patter will change will be more than the times you are likely going to win. This is where casino win us and we the gamblers continue to lose, only the smart ones change pattern when they see other opportunities.

[serjent05]

Gambling is full of opinions and that's why I wouldn't say you are wrong but I have my opinion that is different from what you have said. Gambling is hard to win because we don't know how it was created and how it was going to end. What we are doing I simply risk taking and hope it favour's us, what we are doing is studying a pattern and continue to follow up and make money but the advantage to casino is that they know pattern changes and doesn't last long.

I think otherwise.  People knows how gambling games are developed, but the algorithm these people put on the program of the game is somehow very difficult for the player to beat because the results of those gambling games are influenced by RNG.  This is the reason why people have difficulty making strategy in luck-based gambling because they are so random that not one strategy is fit to control the outcome of the game.

As long as we don't have one pattern to how it's gong to end, we can never outsmart the casino.

Anyone can outsmart the casino.  Simply wagering and hitting a good multiplier then quit is one best example.

[suzanne5223]

In all the house edge is still there reason peolle lose control and use their emotions to gamble.

No, the house edge was not the reason some gamblers lost control of their buzz, while some played with emotion. The major reason is that some gamblers are naive, greedy, lustful, and immature to accept the gambling concept because the house edge was publicly stated to be in the house's favor, so a conscious approach should be taken while following the steps to gamble profitably, but some gamblers ignore all this and put the blame on something else.

If the casino adopted a fair system gamblers would have the opportunity to go home with wins up to 50% of their time they gamble but you see casinos said it "probably fiar" meaning they're not willing to tell you the percentage of your win probability i guess it's around 10-20% especially on casino games. It all fall back to the casino so they're the driver of this system and the ones to determine the experience of the users of their system.

Casinos are fair with the system since everything was plainly stated, not in black and white.
Having said that, the casino is also not the driver of this system because they are mostly not the provider of all the games that gamblers are playing on their platform, so the RTP was set by the game provider, not the casino.

[knuckey]

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.

True. If you think about it, gambling sites always lose to people who can control themselves, not get caught up in the offers they make, but who still know their limits when they want to play. This is how gambling sites lose. Unfortunately, the house edge is one of the reasons why people want to continue gambling, their strategies are clever. For us as players, we just have to really pay attention to our emotions and desires. If we can control them, we can minimize the risk of loss and even win more.

[Z_MBFM]

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.

Yes, the reason is that the games they take from third party providers have to pay a percentage of the profits to that provider and in addition to that, they probably have to take a monthly or yearly subscription from there, although I am not sure about this. However, the games taken from third party game providers will definitely not be given for free. So the profits of the casino platform are shared with those game providers. So in this case, if the House edge is low, then the casino platform will not be able to operate their operations in the market for a long time with that profit. House edge is a big place for a casino platform to make a profit

[Orpichukwu]

Gambling is full of opinions and that's why I wouldn't say you are wrong but I have my opinion that is different from what you have said. Gambling is hard to win because we don't know how it was created and how it was going to end. What we are doing I simply risk taking and hope it favour's us, what we are doing is studying a pattern and continue to follow up and make money but the advantage to casino is that they know pattern changes and doesn't last long.

As long as we don't have one pattern to how it's gong to end, we can never outsmart the casino. You can be betting on Manchester City to be winning and trey will be doing it for some time only for that pattern to change again. The number of times that patter will change will be more than the times you are likely going to win. This is where casino win us and we the gamblers continue to lose, only the smart ones change pattern when they see other opportunities.

That is it, everyone has their own point of view, in which their reasons are important and valid, but one should always remember that gambling is about a guessing game which one can't tell or predict how the game will end, that is why gamblers finds it hard to win, because luck is what is making the decision and casino built the game to favour them and the house edge, which gamblers are to be able to manage their emotions.

[Wakate]

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.

True. If you think about it, gambling sites always lose to people who can control themselves, not get caught up in the offers they make, but who still know their limits when they want to play. This is how gambling sites lose. Unfortunately, the house edge is one of the reasons why people want to continue gambling, their strategies are clever. For us as players, we just have to really pay attention to our emotions and desires. If we can control them, we can minimize the risk of loss and even win more.

Those that can not control their emotions are the ones that always lose to gambling which has been quite unfortunate for them.
Those that are self minded and always using a meaningful budget to gamble will never be in a state of losing money to the casino every single time. Gambling is profitable for those that have the resource to make them profitable.

[jeremypwr]

While casinos do make money from their house edge there are also other ways they make their money.
They know that most gamblers aren't going to only make one deposit; the term "chasing" is prevalent in gambling and casinos know this.

[Furious 7]

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

They make the casino a business regardless of the way it sells emotionally and that mentality will still be considered a natural way when it comes to gambling so in this case everything the casino does will be right.
The house edge has since its inception played a significant role in supporting that profit so even if what you say is true, it cannot be denied that today the house edge will still provide a significant benefit to the business players in gambling.

Actually instead of thinking about this, I am quite interested in knowing the way of thinking of some gamblers who always say they can beat the casino just because of a few wins they managed to get even though it is only a small part of the profits owned by the casino but always feel that they managed to beat the system that the casino has.

[xenomorfo]

Even if we create that rule for ourselves, we can't follow our own strict rules. Because when we gamble and we're already there, we're the first one to break it due to high emotions. You can't be sure that 100% you'll abide to your own rules and I am sure that each of us are guilty of this. Even I, I had sometime that I would follow my rules strongly until emotions dropped me a lot and violated the set of rules I set.

Why not?
If I, who have little self-control, can do it, my boys, anyone can do it.
I had a problem with compulsive shopping, and i decided to give myself a budget so i can more or less control myself. Sometimes i go outside the monthly budget but only slightly and therefore i don't exaggerate as in the past.

[terrific]

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.

We all fall for this.
The almost near miss is what makes us want to gamble more. We can't accept that near miss isn't going to just pass.
But we're going to try to prove ourselves that we're actually going to hit it and so we won't miss it.
The impact of it to the gamblers is very big if they don't know how to maintain their emotional being when they gamble.
Few near misses and they're already emotional and triggered and that could lead them in gambling more than they can afford to lose.

[Obim34]

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

But you don't just deposit and the money disappears, you must play in the casino with the money, where the casino have control on the house edge, either you lose or make profits. It falls down to house edge, the casino doesn't even know if you're an addict unless they study your behaviors from time to time, the house edge is there to keep the casino on profits.

[junder]

I've seen attitudes from some players regarding the house edge; some don't even care about it, they just think they can beat it and that's it. They think they can make a difference, but it's impossible. What gives the house edge is the casino business; without it, the casino would be a failure. There would be no entertainment or business, which is why it's so important and so universally accepted.

Those who think they can beat the casino certainly have a strong desire to win, but that is not a good thing because no player can beat the casino no matter how good their skills and strategies are the casino will still be stronger, so as you said, it is impossible.

[DrBeer]

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.

Gambling isn't just called that for nothing! It's the thrill that drives us! And on top of that, there's often a craving for money and the dream of getting rich very quickly and dramatically-and, most importantly, getting rich EASILY... Bottom line: the problem lies within ourselves; casinos simply give us the “opportunity” to act on our own... weaknesses

[L E G E N D A R Y]

No, the house edge was not the reason some gamblers lost control of their buzz, while some played with emotion. The major reason is that some gamblers are naive, greedy, lustful, and immature to accept the gambling concept because the house edge was publicly stated to be in the house's favor, so a conscious approach should be taken while following the steps to gamble profitably, but some gamblers ignore all this and put the blame on something else.

That is it, people lose control because they want to lose the control, it is clearly said that gambling involves with luck which people are to gamble within their budget and control their emotions and if they are unable to control their emotions, they should not engage themselves in gambling, but greed won't allow them to do the right thing and that is what its destroying most gamblers lives and until they change their mindset, that is when they can be able to have fun in gambling.

[impulse709]

Gambling is full of opinions and that's why I wouldn't say you are wrong but I have my opinion that is different from what you have said. Gambling is hard to win because we don't know how it was created and how it was going to end. What we are doing I simply risk taking and hope it favour's us, what we are doing is studying a pattern and continue to follow up and make money but the advantage to casino is that they know pattern changes and doesn't last long.

As long as we don't have one pattern to how it's gong to end, we can never outsmart the casino. You can be betting on Manchester City to be winning and trey will be doing it for some time only for that pattern to change again. The number of times that patter will change will be more than the times you are likely going to win. This is where casino win us and we the gamblers continue to lose, only the smart ones change pattern when they see other opportunities.

That is it, everyone has their own point of view, in which their reasons are important and valid, but one should always remember that gambling is about a guessing game which one can't tell or predict how the game will end, that is why gamblers finds it hard to win, because luck is what is making the decision and casino built the game to favour them and the house edge, which gamblers are to be able to manage their emotions.

I concur that casinos win more not necessarily due to house edge, but because most gamblers do not realign their thinking and approach. The gambling trends. particularly in sports betting or casino games. are rapidly evolving and most gamblers continue to pursue the old trends rather than innovate. The house advantage puts the casino at a long run benefit but ineffective bankroll management emotional gambling. and greed cause the players to lose even quicker. Gamblers are smart enough to know that luck is important; discipline and knowing when to quit is equally important as trying to find some winning situations.

[Jody.Drummer]

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.

In all the house edge is still there reason peolle lose control and use their emotions to gamble. If the casino adopted a fair system gamblers would have the opportunity to go home with wins up to 50% of their time they gamble but you see casinos said it "probably fiar" meaning they're not willing to tell you the percentage of your win probability i guess it's around 10-20% especially on casino games. It all fall back to the casino so they're the driver of this system and the ones to determine the experience of the users of their system.

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.

[dimonstration]

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.

[barbara44]

Peoples desire to win more, means that in gambling you should be losing and even if you do get lucky and win then you would put that winnings into the betting as well and keep betting more and more and more until you start to lose and many people do that. We should be considering how this could be very different situation if you are not careful and there are many people who end up with mistakes as well.

We should be considering how these could be something that would be very difficult and dangerous and be a bit different in that sense. I would say the best you could do in gambling would be limit yourself to certain amount, and if you lose that then stop and give a break, so you do not chase that type of loss and lose even more.