Quote from: game-protect on February 25, 2017, 02:51:53 AM

Quote from: cjmoles on February 24, 2017, 06:28:12 PM

Quote from: kryptqnick on February 01, 2017, 09:24:10 PM

Hi. I'm not sure if this is the right place to start a topic but I really want some answers and it's connected to gambling in a way. I'm thinking about picking a casino and investing in it, so that I can have some small income every month (if everything goes okay). What I wanted to ask is if that is possible to see the information about casinos' income per day or month for now or is it private information nobod really gives that easily? And do you think investing in casino is a good idea, by the way? Thank you.

My only advice for you if you're going to invest in an online gambling site is to make sure you understand their money management criteria. You need to know how much of your investment is at risk during each event. Sometimes these sites don't follow a sound bankroll management scheme and there are sharks out there who take advantage of that incompetence. A popular bankroll management scheme is the Kelly Criterion....understand that formula at very least.

How specifically can a "shark" take advantage of a -EV house edge? The Kelly Criterion is to make sure that the casino will not lose the hole bankroll, but the player will never have an advantage while playing with -EV!

Sharks take advantage against fishes in poker. You obviously mixed here something...

Regardless on how you called yourself, you can never take advantage on the house edge that's why they are operating in a profitable way. Sharks can bet big and only if they are lucky will they can cash out a big amount of money.What you have that you should not worry is the edge every time this sharks roll the dice, you'll not be guaranteed a win but having an edge will give you more chances to win.