Quote from: alastantiger on Today at 07:40:56 PM

Quote from: komisariatku on June 21, 2023, 03:05:38 PM

Is it possible for a casino to go bankrupt because a player gets a very big win?

I think maybe that's hard to happen if we look at casinos that are already big and well known. But suppose there is a new casino, and there are some players who are very good at playing, so they can win continuously, can the casino go bankrupt? or do they already have an algorithm or a way so players can't keep winning?

I don't think this can ever happen. Wagers from gamblers are not the only ways that casinos make money. There are other ways casinos make money that is in their business model. Some land based casinos have bars, lodging facilities, and other things attached. Therefore, no matter how much a wining a gambler makes, they'll make payment comfortably. This is however not for very small casinos without investors. Small casinos may not be able to handle large winnings. It may not bankrupt them but it would have grave consequence on the business.

Speaking about land based casinos then this is actually true on which there are other ways or sources on which they could make out some revenue but not really that much or as fast comparing if its really into those games been offered. When there's someone who do able to make some huge winning then its really that a huge loss for them because we know that it would really be taking a huge slice on their profit or revenue
but casino owners are really that confident that they could be able to break even or getting it back over time considering that casino do always win in the end. They do have the advantage most of the time
on which if ever they have been able to recently won by some players but gradually it would really be able to take it back and this is something a very common cycle that could really be having
on a gambling business, same goes into those online ones too.