Every day, thousands of dollars enter or leave the treasury of casinos, and we always hear about a gambler who wins or loses a large sum of money.
The thing that caught my attention is that the casino never loses. The money that you win is not the property of the casino, but of another player. The
casino is in the process of recycling the money that the players have invested. There is always a winner and a loser, and when you bet with an amount of money, you bet against the money of all the other players. If you win, they will pay you from their money, and if someone else wins, they will pay him
BTCBTC from your money.
So the casino remains the biggest beneficiary, right?
The answer is simple and this is the house edge, which means that no matter which game you choose to bet on, the chance that the casino will win is significantly greater than the chance that you will win. All casino games are designed to give the casinos a built-in advantage.
Of course what you say is absolutely right, that overall the casinos are the real winners, they are the ones who make the games and they are also the ones who set all the winning and losing percentages, and as you said, whatever we do or whatever methods we use in gambling on In the end, the casino will always be superior to the gamblers.
Logically, I have never heard of gamblers who managed to achieve wealth just by gambling, because after all there are no significant results with just a little effort, and in fact we can see that what happens is the opposite, where the majority of gamblers who are addicted actually experience a lot of financial problems in their lives. their lives, and that's because they lose more money than they make, and this is also a strong reason why gambling is only allowed to be used as a place of entertainment.