Everyone know u can't win from gambling in long term n why casino/gambling is irresistible to so many?

Question

All of us know u can't win n make a living out of gambling especially from casinos n so many can't resist /got addicted n to the point of no return. All casino businness got huge profits.
Some believe professional gamlers can make comfortable living by gambling . Is it true n why /how?

Answer 1

I think there are two kinds of people we need to talk about here.

First there is the gambling tourist. Some guy and his girlfriend go to Vegas for a good old time. They gamble, they drink, they go to the clubs, the shows, the fancy restaurants, and the nice malls. It's just a vacation, and some fun. Of all the people like this some do make money. Most lose out. Last time I was in Vegas some guy won $12,000,000 on a slot machine. That's pretty damn cool. There is always that slim chance you could hit big, just like winning the lottery.

Then there is the professional gambler. There are plenty of these who do make money. They play low house edge games and become experts at them. A good card counter can beat Blackjack for example. But these days poker is the game of choice for a professional gambler. Poker has no house edge and over the long term the players with the most skill will be profitable. There are plenty of people who make a small living, to those who literally make themselves millionaires playing poker. You can actually research how much money pro-players make both online and in real tournaments. Online is especially easy to track with sites like officialpokerrankings.com tracking the exact profit online players make.

Of course you are right that casinos are the big winners. But there are a handful of people who get lucky or get skillful and actually make out ahead. The scary category of people are those who think they are skilled, but are not. These are the kinds of people that become compulsive gamblers, convinced that a big win is just on the horizon for them.

Answer 2

Some professional gamblers do very well but, that is because they play games where they have a better chance of winning. No professional gambler plays the slot machines because they always favor the house. Roulette is also a game that is designed to favor the house however, you can win a little here and there especially if you know how the croupier works. A well practiced croupier can put the ball just about anywhere they want at anytime. Sometimes a bored croupier will pick someone to win some money to get more people excited and betting. The card games are usually the places where professional gamblers make their money. Then the only ones to beat are the other gamblers. Slots are for suckers who play them thinking that it only takes once to be a big winner.

Answer 3

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Answer 4

Some pro card players in Blackjack and the many variants of Poker DO make a healthy living from such games. It's these card games, if you know the math and respect the odds, can be curved to your advantage. Just like the classic Kenny Roger's song "you got to know when to hold them; know when to fold them....know when to walk away....."

That pretty much is the success secret in card gaming.

I don't like Roulette odds. I like slots basically to draw out time between card tables. And I have, last year, brought home MORE than I went in with.

But it's all done with a clear sense of common sense and self-control.

Answer 5

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Answer 6

Gambling is addictive because of the short term sense of accomplishment achieved each time you get a small win.

This is how casinos beat us all, for every person who hits the jackpot and wins $6million, millions of people lose hundreds each.

Answer 7

Some people do make a living out of gambling. But as for the others people do get addicted to it to it. it is a drug just like drink and fags are. Why do people get addicted to them.Unfortunatley i know sumone who is addicted and has very nearly lost theire home and family but still wont get help

Answer 8

You are right. The odds are always in favour of the house!
The proof is in the bandits. Somebody gets paid for making them. Somebody gets paid for fixing them. Some gets paid for having them in their pub or club, and so on etc
Where does all that money come from? You know the answer, don't you!

Answer 9

Some people have too mauch money and not enough brains to spend it on something worth while.