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How Do Casinos Make Money If People Can Win?

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by (120 points)
If it's possible to walk into a casino with a strategy that gives me a good chance of winning, how do casinos still make money?

1 Answer

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by (340 points)
Casinos make money in the long run because the total losses from the players who lose will always exceed the total wins. While many players may win small amounts, the few who lose will lose much more, resulting in a net profit for the casino. This is due to the house edge, which ensures that over time, the casino will win more than the players.
Question2Answer fatal error:

Reading one value from empty results

Stack trace:

require() in index.php:27
require() in qa-index.php:189
qa_output_content() in qa-page.php:53
html() in page.php:359
body() in qa-theme-base.php:271
body_content() in qa-theme-base.php:391
main() in qa-theme.php:264
main_parts() in qa-theme-base.php:727
main_parts() in qa-base.php(720) : eval()'d code:51
main_part() in qa-theme-base.php:836
a_list() in qa-theme-base.php:882
a_list_items() in qa-theme-base.php:2282
a_list_item() in qa-theme-base.php:2290
a_item_main() in qa-theme-base.php:2311
a_item_content() in qa-theme.php:554
getVideoIdFromDb() in qa-base.php(720) : eval()'d code:42
qa_db_read_one_value() in qa-base.php(720) : eval()'d code:73