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Old 18th May 2008, 09:19 PM
Matthew23 Matthew23 is offline
Quit Gambling
 
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Quote:
Originally Posted by james01 View Post
The real reason why casinos win is that humans don't stop when they're ahead. If everyone stopped as soon as they were a bit ahead, the casinos would lose.
It's true that people don't always stop when they're ahead, but that's not why the casino wins. It's a mathematical certainly that the casino will win in the long run. Just like 10 + 10 = 20..... no matter what angle you look at it, it will always equal 20.

If you win it's covered by someone elses losses. If you lose they'll use it to pay other winners. Over all the the casino makes $0.04 for ever $1 spin you make, regardless of the outcome of that particular spin.
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