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In casinos, the house always has the edge

BlackJackBob
Posts: 302
Joined: Mar 17, 2010 6:37 pm
Posted: Apr 27, 2010 2:44 am
Here's something from a guy who owned and operated casinos worldwide. Read about it below:

http://www.mydesert.com/article/20100426/COLUMNS26/4260302/1026/news12

Whether you play slots, craps, blackjack, roulette or baccarat or any other game in a casino, it is important to remember that games of chance are based on random outcomes and always favor the casino. These games of chance are a form of entertainment, at a cost to you, the player. Casino gaming should not be considered a way to earn a living.


I totally agree with him on the above(bold text).
gonecamping2
Posts: 3662
Joined: Aug 11, 2006 7:32 pm
Posted: Apr 27, 2010 3:01 am
omg, do people actually try to make a living of this? If it was that easy, I would of done it along time ago, lol

Remember all, this is for fun, and entertainment, save your money for what you need, and if you can afford then use for gambling.


Ty ty glgl have fun and be safe.
TDTAT
Posts: 109270
Joined: Mar 11, 2006 7:06 pm
Posted: Apr 27, 2010 4:20 am
BlackJackBob, This is sort of like saying the sun is hot.... smile I thought everyone was aware of this simple fact. Casinos do not hide the fact that all their games give them an edge... from slots to craps to blackjack, some more than others.

The only way to earn a living in a casino is to work there, own it, or play poker (and be good at it, and not loose all your poker winnings in the casino while leaving the poker table). smile
BlackJackBob
Posts: 302
Joined: Mar 17, 2010 6:37 pm
Posted: Apr 28, 2010 4:33 am
TDTAT, Yes, seems like it. smile

gonecamping2, I have heard a good share of horror stories from people who really thought of casinos as their offices.
LuckOfTheIrish
Posts: 4
Joined: May 12, 2010 12:02 pm
Posted: May 12, 2010 12:06 pm
Those who make a living out of it are very fortunate. They are very very few and far between
JasmineJones
Posts: 2
Joined: May 23, 2010 12:34 am
Posted: May 27, 2010 5:25 am
Of course. For me gambling is just for leisure. I envy those whose job is playing poker all day long though smile
voodookitty
Posts: 4435
Joined: Mar 06, 2006 3:04 am
Posted: May 27, 2010 6:54 am
Me, too!

I would love for my job to be playing games all day, especially just with a computer!

I play games all day at work, with people! smile

smile Not exactly the same kind of games and not the same FUN!

sorry, JasmineJones...
I deleted your signature link, as that is not allowed at NLN.

JasmineJones:
Of course. For me gambling is just for leisure. I envy those whose job is playing poker all day long though smile
☰