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casinos in the business world

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At present, the gambling sector plays a key role in the economy of each country and this is very important for the development of the entertainment sector as a whole. Contemporary players are provided with various facilities that make the game more interesting, profitable and comfortable. Apart from land-based casinos, online and mobile gambling is also a big step towards revitalizing the gambling industry.

It doesn't matter if you prefer to be involved in casino games in a nearby place or you might prefer alternative long-distance gambling, there is always one interesting question for each player. Since time immemorial, players have been trying to think of various strategies to defeat casinos, but this effort was a sporadic success.

casinos definitely win when players come to long-term games. This statement leads to the question of why most people who gamble don't realize that they don't have a chance against the edge of the house? The answer is simple, because in the short term, casinos tend to lose against players.

but have you ever asked yourself why casinos can still benefit while so many industries experience ups and downs in the business world? Because in the long run, events will follow the same scenario.

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we can only benefit if we look at it not as a money maker, but as a source of entertainment... if we look at᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎᠎ it that way, then we can benefit, and if we win thats just the cherry on top

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Many people has been saying players will lose at the long term run playing on a casino, but dont really make emphasis on the short term run claims of winning on a casino site, let me ask this simple question, how long can a player play on a casino to be considered short term run?

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Posted (edited)
16 minutes ago, Dboyeric said:

Many people has been saying players will lose at the long term run playing on a casino, but dont really make emphasis on the short term run claims of winning on a casino site, let me ask this simple question, how long can a player play on a casino to be considered short term run?

i think short term means, once you win.... you pick up and leave... but maybe the limits and amounts need to be pre-established before starting to play and must sticck to the plan no matter what

Edited by Eminx3

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We cannot win the house because we are so greedy. If the house tends to lose, why don't we stop when a fixed profit level has achieved? The gambler is too greedy, and that makes them all lose.

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1 hour ago, Burger8753 said:

We cannot win the house because we are so greedy. If the house tends to lose, why don't we stop when a fixed profit level has achieved? The gambler is too greedy, and that makes them all lose.

Yeah right but if we can control our greediness maybe we can get some profit i mean if we play lets have a plan like goal profit if we reach that goal maybe we can stop to play but sometimes if we think were lucky enough so gaamble for more until u can say to your ok its time to stop and wdraw.. :)

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I truly believe that the main reason casinos can sustain is also due to the "greed" of the players.  I'm not sure if greed is the right word. but it makes sense I suppose.  I'll use land based casinos as an example here.  When you are talking about a "House Edge" of let's say 1%, especially when talking about games where some skill may be involved, and the players have some say in the outcome, such as blackjack, let it ride, and other table games, that house edge is based on "perfect" play by the player statistically.  Many of us gamblers tend to play outside of the perfect style to try and hit bigger payouts.  So let's say in Video Poker the house edge is 1%, that is assuming the player holds all of the best cards to win the hand, but a lot of players will hold maybe not the best winning cards but instead the cards that give them the chance at a higher payout if that makes sense.  In this case the house edge goes way above that standard 1%...

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It is very interesting when discussing casino. I am also very curious why it can be very profitable casino business. Though there are also players who fight the dealer directly at a real casino. And he has a chance to beat the city. Is there a limit on the number of wins in a real casino ???

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2 hours ago, akmal1984 said:

 

It is very interesting when discussing casino. I am also very curious why it can be very profitable casino business. Though there are also players who fight the dealer directly at a real casino. And he has a chance to beat the city. Is there a limit on the number of wins in a real casino ???

As far as I know there is no limit to the number of wins, at least around here.  Assuming you're not trying to somehow cheat... card counting in Black Jack is a good example, there should be no reason to limit the number of wins.  People go on lucky streaks just as they do unlucky streaks, andthe casino figures they will get the better end of the deal and get it back in the long run.

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not all who bet in the short term at casinos always have the chance to win than those who play long term.

indeed, when it is clear that those who win are those who have just come and bet, then come home with victory ...
while those who have come first and bet for hours but still experience defeat ...

it all happened because of luck

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15 hours ago, Dboyeric said:

Many people has been saying players will lose at the long term run playing on a casino, but dont really make emphasis on the short term run claims of winning on a casino site, let me ask this simple question, how long can a player play on a casino to be considered short term run?

I also do not guarantee that playing with a long term player will be able to beat the casino, it all depends on the balance we have and the bets we put on. once again playing with the short term still does not guarantee victory. because I did it, I played a few minutes with bets as small as possible. and I stop the game after getting a profit. and I rested for about half an hour and I returned to playing a few minutes, that's what I did a few days ago

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15 hours ago, CntryBoy said:

As far as I know there is no limit to the number of wins, at least around here.  Assuming you're not trying to somehow cheat... card counting in Black Jack is a good example, there should be no reason to limit the number of wins.  People go on lucky streaks just as they do unlucky streaks, andthe casino figures they will get the better end of the deal and get it back in the long run.

Means there is only a maximum limit in one game or bet? but for how much we want to take home the winnings have no limits. The ideal condition to play seems to be 2 hours. Moreover, our bodies must be getting tired. Maybe this is what makes many players hard to win because they are too forced to continue playing.

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12 minutes ago, akmal1984 said:

Means there is only a maximum limit in one game or bet? but for how much we want to take home the winnings have no limits. The ideal condition to play seems to be 2 hours. Moreover, our bodies must be getting tired. Maybe this is what makes many players hard to win because they are too forced to continue playing.

That is absolutely true from my personal experience.  I now try to limit the time of my sessions somewhat, because I have found that I have a much better chance of losing if I play tired, since I'm not able to focus properly.  I can't guess how many times, especially playing poker, that I will get up a good amount fairly early on but the longer I play the more I tend to lose back just from playing somewhat tired.

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7 hours ago, CntryBoy said:

That is absolutely true from my personal experience.  I now try to limit the time of my sessions somewhat, because I have found that I have a much better chance of losing if I play tired, since I'm not able to focus properly.  I can't guess how many times, especially playing poker, that I will get up a good amount fairly early on but the longer I play the more I tend to lose back just from playing somewhat tired.

 

As the condition of the body decreases, our concentration will decrease too. If you are really planning to play for a long time you need to also provide nutrition so that your body does not get tired quickly. We cannot always win at a casino, but we can try how to make our winnings greater than defeat.

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Casinos always win even when players win huge jackpots. The first casino appeared in the mid-18th century and until now this industry has always been profitable. Even the mafia is trying to control it, which is happening in many countries so far. As for online casinos, these are more modern and perfect games, but all the same, the advantage is always with the casino.

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7 hours ago, rembo2 said:

Casinos always win even when players win huge jackpots. The first casino appeared in the mid-18th century and until now this industry has always been profitable. Even the mafia is trying to control it, which is happening in many countries so far. As for online casinos, these are more modern and perfect games, but all the same, the advantage is always with the casino.

yes that's the difference between casoino business and other industrial businesses, casinos always get profits through the house edge, even if the player wins

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Casino always gets big profits because most people don't go home when they win. They always go for more and end up going home with nothing. If there are 100 gamblers in a casino if 3 wins and go home there are 97 left that for sure will bust before going home. Casino always win because it's the nature of a gambler when the casino will never close they will still continue to play and hope for more even they already won enough. 

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52 minutes ago, Han2x said:

Casino always gets big profits because most people don't go home when they win. They always go for more and end up going home with nothing. If there are 100 gamblers in a casino if 3 wins and go home there are 97 left that for sure will bust before going home. Casino always win because it's the nature of a gambler when the casino will never close they will still continue to play and hope for more even they already won enough. 

of course more gamblers lose than gamblers who win, that is indeed one of the profits of a casino

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10 hours ago, Han2x said:

Casino always gets big profits because most people don't go home when they win. They always go for more and end up going home with nothing. If there are 100 gamblers in a casino if 3 wins and go home there are 97 left that for sure will bust before going home. Casino always win because it's the nature of a gambler when the casino will never close they will still continue to play and hope for more even they already won enough. 

Sad to say I have been one of those people on more than 1 occasion, as I am sure most of us have.  If I would have left just a couple of those times while I was up big, I'd obviously be much better off.

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I think casinos can be extremely profitable if they are set up correctly, whether is it a land-based one, or an online one. The most important thing is to ensure it cannot be cheated, otherwise a casino can lose all its money.

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8 minutes ago, williamsh said:

I think casinos can be extremely profitable if they are set up correctly, whether is it a land-based one, or an online one. The most important thing is to ensure it cannot be cheated, otherwise a casino can lose all its money.

but I have never heard of a casino going bankrupt, that means the business in gambling is very profitable

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