Post
Topic
Board Gambling discussion
Re: Dice 101
by
Fredomago
on 22/09/2021, 17:40:09 UTC
As I'm always saying, don't overestimate the impact of house-edge on your performance. It's not that big as people might think.

Yeap, the house edge is always just slightly higher than the player's, but that's enough for them to make a lot of money.
You ask me: Why?
Because even though it's a small advantage, most users continue to play while they're winning, and generally raise the stakes with money that's already in the house, thus increasing their chances of returning everything they've won.
Few are in the habit of stopping when they've won enough or restarting bets at a smaller amount.
The house benefits far more from the players' addiction than from the luck advantage.

Actually the house doesn't care whether a particular player is winning or losing. It's a common mistake to think that casinos want that there were more addicted gamblers. They surely don't want that because the higher the number of people addicted to gambling, the higher the probability of prohibitive laws regarding gambling to emerge. What casinos want is a lot of people playing on their platform. Notice: playing, not losing. They make money on the house edge, not on what some unfortunate gamblers are losing.
Following that concept which is true, the more gamblers to play means the more house edge for the house, they are more focus with that, the very reason we keep seeing lots of advertisement and lots of benefits that being offered when you visit and play inside any gambling platform, site owners wanted you to enjoy and let you keep coming back and the possibilities to refer someone to use also the services.

How can you exactly become so good at throwing dice or playing dice? Isn't that a chance based game? Meaning that no matter how you throw away your dice, once it goes out of your hand, it's going to be out of your control.
That's for real, only those who are good at managing their emotions and good with bankroll management are capable of winning decent amount, after you roll there's nothing you can do but to wait if luck will help you to win your bet.