Post
Topic
Board Gambling discussion
Re: Tension that comes on the last game/s.
by
Odusko
on 21/12/2024, 18:25:31 UTC
~snip~
Casinos are business centers, casinos run smoothly because of the revenue they generate for the operational cost, and this revenue comes from the gambler's losses, anytime a player wins against the house it means the casino is losing, but anytime the players lose the casino make profits, so the house edge mechanism is designed to protect the interest and ever winning advantage of the casinos over the players.

There is no way a player can become rich through gambling unless by chance or a jackpot/lottery, aside from that, as long as you keep playing, you will lose to the house.

Yes, except for the very lucky few ones that actually win big, let's say a big jackpot.

Those people actually might be in a position in which they have won more money than what they have put in the casino.

But of course the casino is usually quick to invite them for free drinks and snacks, to keep them gambling until they lose it all again.
Even on Jackpot it's still not that easy because there are lots of people who also bought the lottery ticket, but then how are they sure they would hit the jackpot? It all lies by luck, and if we are not lucky enough would still end up losing to the casino and the more we lose the more they profits from the gamblers.
So, there are people who are always lucky enough to gamble the first time and make huge winnings after which they leave, I think this sets of people are fortunate gamblers solely seeking for just single opportunity to win and leave the gambling sites.
Adbitco jackpots are all about luck and if you check the ratio of winning tickets it is almost 1 out of 100 which seems almost impossible to achieve at some point, but stories like that of FedEx Express CEO Fred Smith used a company to play blackjack were luck to have won the game and the return becomes the savior of FedEx at that time when the company was facing bankruptcy issues at that time.
The story above is one among thousands of other experiences that will be in the negative, so gambling is not recommended at a consistent ratio since the losing ratio is higher than its winnings.
I didn't anyway dispute that jackpot is not about luck, if you read my statement correctly you would see that I still mentioned about luck over there. Like I know whatever that leads you to put money for the intention of receiving something higher as gambling solely rely on luck, and luck is the determining factor in gambling provided it's stake with money to have a chance of receiving double or folds in return need luck.
The risk/luck attached to the jackpot is the reason why people would even use the phrase of "hitting the Jackpot" to represent being successful. That means that it is a game of luck and I've come to realise that it's never going to be easy for anyone to hit the jackpot no matter how prepared they are, how many times they played or how best they know they can play it. It is all about hitting the luck. This is why a newbie who started today may hit it big while those who have being playing for decades might still be losing and hoping.
Yeah the ability of the gambler to continue wagering without any luck in site and boom 💥, you get the jackpot winning prize, I haven't been that lucky to hit such a jackpot before and at that, I always look forward to such a lucky day for me.

But also to attain such a jackpot level one needs to wager excessively and that means we should hold a good bankroll balance to sustain us through the whole process to hit the jackpot.