Post
Topic
Board Gambling discussion
Re: Do casino and sports betting platform owners gamble as much as other people?
by
traderethereum
on 14/02/2023, 08:48:31 UTC
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
Owners of sports books and casinos are professional gamblers, so I want to believe. Although, I think when they gamble, they do not do it to win but rather for entertainment purposes, and it will be rare. Owners of sports books and casinos have no need to gamble because they already know how to beat the house; why should they go against themselves? After all, in the end, the profit goes to them and the loss to their customers. Perhaps there is a law somewhere that prohibits them from actively gambling.
I don't think so because there are also owners of casinos and sports books that are business people who see an opportunity to earn a lot of money from gambling so they are trying to create casinos too.
But even if the casino owner is a gambler, he still has good self-control so he doesn't think about gambling but has to manage his business to make a profit.
If a casino owner can restrain himself from gambling in his own or other casinos, he just needs to focus on growing his casino to make it bigger.
And if casino owners gamble, they may gamble less often and just for fun.