Quote from: Mr. Magkaisa on Today at 06:09:27 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?

- The only time I've ever seen a gambler lose the casino or house edge is actually in the movies. but in reality I have never heard anything like that.

Because it often happens that most gamblers lose in casino, that is why most casinos make a lot of money and only a few win. this is all I know in reality. And always repeat and happen again. Moreover, we also know that casino is very hard to defeat unless if you are a great cheater in gambling.

We see a lot of things in movies that are far from reality. We usually see gamblers making a lot of money gambling while in reality, it is totally the opposite. We see that gamblers make easy money but in reality, it is very hard to make money from gambling. Similarly, sometimes we see the downfall of the gambling casino, but in reality, that does not happen.

Do we have real world examples where a gambling house loses its business and becomes bankrupt or something? I haven't seen this type of scenario not even with a new casino. Yeah I do know the gamblers who have lost everything and gone bankrupt because of gambling losses.