2007-06-05 00:55:49 · 16 answers · asked by Anonymous in Games & Recreation ➔ Gambling
If they never lost then no one would gamble there.
A casino can easily loose in the short term. However the odds are arranged so that they will win in the long term.
I.e. the longer you play, the greater the chance you will lose in the long run.
2007-06-05 00:59:20 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Well that more a less depends on the risks they take according to their assets. Casinos always have the edge in any game. Simply put no matter what the game their offering you a coin flip for a dollar and giving you 1.90 when u win! However if the casino takes on a bet thats too big for them sure they can lose... if they make the same bet for 100,000,00 and lose...thats where problems arise. But this tends not to happen and people rarely 'bring down the house' because the casinos employ statisticans and balance their risk/reward ratio so that it wont!
2007-06-05 07:16:47 · answer #2 · answered by marco_syco 2 · 0⤊ 0⤋
In a way, yes. If you head to the casino and win big at a table the casino pays you. But, at the same time many, many others are loosing at the casino. So, the money they're taking in from other's losses doesn't come close to what it pays out to the winners. The house always wins.
2007-06-05 01:05:21 · answer #3 · answered by ? 3 · 0⤊ 0⤋
When you gamble, you have to remember that the casino is not maintained by the winners. The casino, does not win all of the time, as a percentage has to be won back, so as to keep people gambling. Over time a casino will win most of the money.
2007-06-05 01:12:49 · answer #4 · answered by Beau R 7 · 0⤊ 0⤋
Casinos operate on the basis of statistics.
They know that statistically (odds) they are going to win more money than they pay out.
Any individual walking in to a casino has a chance to win more than they take in, but most people will lose money. That's how the games are designed, and how a casino makes money.
2007-06-05 00:59:55 · answer #5 · answered by KansasDragon 5 · 0⤊ 0⤋
They make money over the long term because all bet are just a little in the house's favor, but you can go into a casino and walk out with a small fortune.
2007-06-05 03:44:53 · answer #6 · answered by closetcoon_fan 5 · 0⤊ 0⤋
Oh they lose once in a while. The blackjack table does not bring in the revenue that the slots do. The slots are responsible for most of their money coming in. They make plenty of money even while some people seem to win big pots. Otherwise they wouldn't be in business. No matter how much someone wins, there is much more $$ coming in.
2007-06-05 01:27:38 · answer #7 · answered by Chloe 6 · 0⤊ 0⤋
Why could they like to water down the beverages? The extra loaded you get, the extra which you will gamble. in case you have a doubt then order a lager in a can. i won't be able to say that i've got observed any vulnerable beverages. If i'm playing, then in lots of situations i will the two drink espresso, or gentle beverages, or tea. you ought to maintain your wits approximately you and make the main appropriate judgements. it incredibly is income spite of everything. everybody could pass to Vegas a minimum of as quickly as of their lives. it incredibly is a Disneyland for adults. whether you do no longer gamble, you will discover the factors of interest and in simple terms excursion the numerous motels and casinos. it incredibly is properly easily worth the holiday.
2017-01-10 14:01:32 · answer #8 · answered by ? 3 · 0⤊ 0⤋
good chance. fruit machines have a % which is kept in the machine at altimes so they will always make on those whether people win or not.
with cards, roulette etc the chances of everyone winning all the time would obviously be incredibly high but technically there is a chance this could happen but i would say that they would make rather than lose.
2007-06-05 01:01:40 · answer #9 · answered by colesey72 4 · 0⤊ 0⤋
Yes. There's only one even bet in a casino and that's "the line" at craps. Everything else is tilted toward the casino.
2007-06-05 01:04:19 · answer #10 · answered by Meg W 5 · 0⤊ 1⤋