With the advantage held by casinos, the longer and more frequently players engage, the more they tend to lose. This is the reason why at bookmaker streaming casinos always create a comfortable environment for players to lose track of time and play longer. Casinos are particularly wary of "rice gamblers" who remain calm and collected.
THE EDGE OF CASINO HOUSE
Heads or Tails I will use the simplest game, the game of heads or tails, as an example to explain the significance of the casino's edge, also known as the House Advantage or House Edge. In this game, the casino flips a coin with two sides, Heads and Tails. A player bets 1 coin on Heads. If Tails comes up, the casino wins 1 coin from the player. If Heads comes up, the casino pays the player 1 coin. This is a fair game, where the casino has no advantage. In another sense, the business advantage is the casino's winning rate when they take no risk. Assume a player bets 1 coin on Heads, and another player bets 1 coin on Tails, then regardless of the outcome, the casino takes 1 coin from the losing player and gives it to the winning player. This means the casino takes no risk. In this game, when the casino takes no risk, the casino also doesn't win. This is a game in which the casino has no advantage. The house advantage is 0. However, nowadays casinos rarely offer games with a house advantage of 0. Most casino games provide an advantage to the casino. Roulette Game Let's consider the very popular game of Roulette in casinos. This game is simple, so almost everyone knows how to play it. A European roulette table has 37 slots, each showing a number from 0 to 36. Suppose you bet 1 coin on any specific number, if you win, you keep your initial coin and receive 35 more coins.
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Suppose the casino bets 37 coins on all 37 numbers, then the casino takes no risk and wins 1 coin. Besides betting on specific numbers, there are also bets on groups of 18 numbers (even/odd, big/small, red/black), bets on groups of 12 numbers, etc. In all cases, the casino gains an edge of 1 number. The house edge of European Roulette is 1/37 = 2.7%. Thus, an average player, neither lucky nor unlucky, neither skilled nor unskilled, would lose 2.7 coins out of 100 coins played. American Roulette, with an extra 00 slot, gives the casino an edge of 5.4%. By searching the terms House Edge/Advantage of casino games, you can find detailed information about the casino's advantage in various games. Due to the existence of the casino's edge in these games, the longer and more frequently players engage, the more they tend to lose. This is why casinos create a comfortable atmosphere and disconnect players from the outside world, encouraging them to play longer. Casinos fear the most the "rice gamblers" who remain calm and collected. They bet only a few times and, when winning small amounts (according to their goal), they stop playing. However, this behavior is quite rare. Most casino visitors have the urge to win or lose, play frequently, and in the end, they tend to lose.
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PLAYERS STILL LOSE TO EMOTIONS
Although the results of casino games are quite random, there are times when players are lucky and win continuously, while there are times when players lose multiple rounds in a row. Statistics show that the number of players who bet more strongly when winning continuously is very few. In order to protect their gains, they bet more aggressively, but not excessively. However, when losing, players tend to bet heavily to recover their losses. Sometimes they succeed, sometimes they lose even more. One thing to note is that casinos usually set the minimum and maximum bet amounts about 6-7 times apart. For example, if the minimum is 1 coin, then after 7 double bets, the sequence would be 1-2-4-8-16-32-64-128. After 7 double bets, a large amount of money is lost, and even if players want to double their bet on the 8th round, they can't because it would exceed the maximum bet limit. In summary, due to the existence of the casino's advantage and the tendency of players to bet heavily when losing, casino players tend to lose more than they win. The casino doesn't need to cheat to always win.
