I think it is even against administrative laws and most casinos prohibit their staffs and owners from playing, thos is to prevent two things and this are.
- staffs and owners are prevented from playing on the casino because of game manipulation, because since their working with the company, they have access to a vital game information and there can temper with the outcomes of the games to abuse the system, which is why they're prohibited.
- the second reason is the racking off of the casino profits into bets that may be lost and lead to companies' bankruptcy, this has happened in a few cases.
Topic: Do casino and sports betting platform owners gamble as much as other people? - page 6. (Read 637 times)
February 10, 2023, 07:39:07 PM
February 10, 2023, 07:35:48 PM
Probably yes since they are a gambler in the first place, but I’m not sure if they are still spending huge money in gambling since they already have a good business and If I were them, I will just focus on running that casinos because it requires a lot of attentions. Though many business man are still gambling they are just not disclosing it since it can affect on their reputation.
February 10, 2023, 07:29:55 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
I don't think that the comparison is appropriate.
You used food as an example and obviously, we can't compare eating food to the pleasure that gambling will give.
In gambling, the winning experience is always the hope of anybody. Once a gambler experienced that, there would be no such thing as they don't want to experience it again therefore they will just gamble and gamble.
As for casino owners, that business gives them money therefore they will just manage continuously to keep the operation smooth. The smoother the operation, the more money they will have. We can't compare that experience to the example you have given which is about food.
February 10, 2023, 07:29:43 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
I think, No, in most cases. Casino owners are too busy with their respective businesses to still insert gambling on their own.
Maybe in some cases like in any big events such as world cup events (sports betting) but not that truly addicted or can be considered a regular gambler. I know in any company, there's one who will be assigned as the operation manager but still, these owners are hands-on.
Besides, we are not sure if these casino owners only operate casinos. Maybe they also have other businesses that's why there's no time for leisure activity.
Do they really tend to gamble on their own company? Yes they can do whatever they want since they do have the money on doing so. Are they doing gambling more that on the time compared to those
average players? no they're not, these people are busy ones for sure.
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February 10, 2023, 07:28:06 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
I know of many carpenters who have no chairs in their home, I rarely see mechanics with good cars or motor bike..So personally from my various encounters and experience, I would tell you that casino owners don't gamble, as amazing as this may sound, it's the truth.
Think of it this way -
- If they gamble and lost, it's their money, the lost money will still come back to their pocket.
- and if they gamble and win, it's still their money, both money played with and money won still belongs to the casino owner...
What then is the essence of gambling? I can assure you that casino owners never gamble on other casino sites, except on rare cases, where they do it to gain some experience on how to improve their own casino.
February 10, 2023, 06:58:26 PM
I know a casino owner personally and to tell you the truth, he established his platform because he has lots of friends who are frequent gamblers. He joins them in their gambling ventures before in order to get a hint of what do players want and what can he do in order to get a lot of players in his platform. After collecting intel and funds to establish his own platform, he rarely goes on to gamble. He's in it for the money-making opportunity, and I guess a lot of casino and sports betting platforms are the same. Not saying all, but probably a lot of them has this mindset.
This is mostly what they do or simply they want someone to do it, because they weren't gamblers they are business mindset owner. They run business according to what the people needed and since gambling is everywhere, you can build your own. Although, it takes time or luck to see where they are right now.I'm sure that OP thought farmers have chicken will be a farmer forever. If they want to, they will be somehow become a chicken farmer owner for their business. All I can say is they were once before but their main focus is their business because if they continue what they were doing in the past you won't see them where they are right now.
February 10, 2023, 06:55:30 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
^ Yes, of course, they gamble too.Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
But not on their own platform, probably other platforms that they did not know. It seems like you are an idiot who places a bet in your own bankroll, if you win, that comes from your pocket. I think they gamble but in other gambling casinos, I have a friend before that who owns a gambling casino or an offline casino, but still, he loves to bet kin cockfighting than placing a bet on his own casino.
However, most probably a gambling casino owner is very busy running their business and it could be there is no time for gambling.
February 10, 2023, 06:53:47 PM
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
I think, No, in most cases. Casino owners are too busy with their respective businesses to still insert gambling on their own.
Maybe in some cases like in any big events such as world cup events (sports betting) but not that truly addicted or can be considered a regular gambler. I know in any company, there's one who will be assigned as the operation manager but still, these owners are hands-on.
Besides, we are not sure if these casino owners only operate casinos. Maybe they also have other businesses that's why there's no time for leisure activity.
February 10, 2023, 06:48:14 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?
I don't think it's ok or there is a comparison between foods being produced and the urge or desire to gamble, foods are there to sustain your body and there are other foods that you can consume to sustain your body but on gambling, it's hard to find an alternative to fill your desire and the urge, gamblers can play daily for many years while a farmer cannot eat eggs daily for many years.
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Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
They do gamble and check other casinos to compare to their own but I don't think they will gamble on their own platform if they do gamble on their platform it is to check if the features are all good, what's the challenge of gambling on their own platform win or lose they still keep the money.
February 10, 2023, 06:21:18 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
"Don't get high from your own supply". In reality the owners of super successful casinos and sportsbooks are raking in millions, if not tens or hundreds of millions a year, so they already have two things in mind.. 1) that it's absolutely futile to bet against a casino or sportbook because they profit in the long run and 2) it doesn't matter if they gamble small amounts because they are unlikely to pick up an addiction because they have so many other things that make them happy in life. They might participate in gambling, but they have got a super successful site because they are good at managing a business and by extension finances, so they would generally only gamble if they are entertaining a client or for some other business/fun purpose.
February 10, 2023, 06:13:48 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?
No they are not the same. The law of diminishing returns apply to food consumption. The more same food we eat, the lesser we get satisfied with it. So out taste buds opt for another food just to reset the satisfaction factor. Gambling works the other way, the more winnings we get, the more bigger winnings we urge. So instead of looking for another games, we tend to bet more to fill the satisfaction.
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
I believe owner of casinos do gamble, and it is possible to that they gamble in their own betting platform. As people say, patronize your own products.
I certainly agree with it. A person who puts up a business based on his interest so I believe that casino owners also gamble. An owner will not build up a business that he doesn't know anything about. It will also be an advantage if the owner is a gambler so he would know the weaknesses that his casino has and he will also have an idea of how to improve and develop it. But an owner must be a responsible gambler because if not, it will affect his casino in a negative way.
If he do sees some odd placing or something in related then he do knows on whats best for his gambling site.In overall then whether they do play or not then its their own
choice on which not all the time we are really that having the vacant time on doing so.
February 10, 2023, 06:11:12 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platfor
Some casino owners will gamble, why am sure some will not really gamble, but am sure before you can start a betting platform, am sure the person will definitely have enough knowledge about gambling first, so I think most gambling CEO will definitely gamble, am sure they will know the risk associated with gambling, so they might not really take gambling serious. Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platfor
Also I think most CEO will gamble on their own gambling site if they want to gamble, they will keep on using their site, I don't think it's really making sense to have a gambling site, then you will endup using other gambling site, if the owner can't use it, then who will use it.
February 10, 2023, 06:03:47 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?
No they are not the same. The law of diminishing returns apply to food consumption. The more same food we eat, the lesser we get satisfied with it. So out taste buds opt for another food just to reset the satisfaction factor. Gambling works the other way, the more winnings we get, the more bigger winnings we urge. So instead of looking for another games, we tend to bet more to fill the satisfaction.
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
I believe owner of casinos do gamble, and it is possible to that they gamble in their own betting platform. As people say, patronize your own products.
I certainly agree with it. A person who puts up a business based on his interest so I believe that casino owners also gamble. An owner will not build up a business that he doesn't know anything about. It will also be an advantage if the owner is a gambler so he would know the weaknesses that his casino has and he will also have an idea of how to improve and develop it. But an owner must be a responsible gambler because if not, it will affect his casino in a negative way.
February 10, 2023, 05:55:21 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?
No they are not the same. The law of diminishing returns apply to food consumption. The more same food we eat, the lesser we get satisfied with it. So out taste buds opt for another food just to reset the satisfaction factor. Gambling works the other way, the more winnings we get, the more bigger winnings we urge. So instead of looking for another games, we tend to bet more to fill the satisfaction.
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
I believe owner of casinos do gamble, and it is possible to that they gamble in their own betting platform. As people say, patronize your own products.
February 10, 2023, 05:50:43 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
I do think some of them gamble, but not for profits of course, perhaps to get closer to the people that matters most, like high-rollers or people of influence in the government. Connections basically, is what would possibly drive them to gamble even inside their own casinos. Then again there's also the case of observing your competitors, so some owners may find themselves gambling in a different casino just to see what they are doing different in hopes of topping it off or maybe even copying the same strategy in theirs. Ultimately I can also see scouting for new games to include in their game roster as a reason why these owners may gamble. There's a lot of reasons why you as an owner would gamble, whichever it is, it's not solely for money, and most certainly not to just waste time. Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
February 10, 2023, 05:50:02 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
For owners then it would be understandable that they are really that earning huge income or money out of their business which its either they would be making bets on their own platform or into others but sensibly speaking then they wouldnt want to lose up money on other platforms and would rather sticking out on playing on their own site.Yes, it might not really giving out that kind of chill since you know that you Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
arent risking something because you are betting on your own platform and you cant lose money because it would really be just going back which there's no point on betting so most likely
they would be considering on trying out to other places which we dont know if they are really considering such step.
February 10, 2023, 05:28:54 PM
Farmers who have chickens for eggs especially on a large scale, easily get tired of eating the eggs from their chickens or even eggs in general. Caterers get tired of eating their own pastries, just as people who are exposed to certain produce get tired of them due to over exposure. Do you think this experience is the same for casino owners and owners of sports betting platforms?
Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
I do think some of them gamble, but not for profits of course, perhaps to get closer to the people that matters most, like high-rollers or people of influence in the government. Connections basically, is what would possibly drive them to gamble even inside their own casinos. Then again there's also the case of observing your competitors, so some owners may find themselves gambling in a different casino just to see what they are doing different in hopes of topping it off or maybe even copying the same strategy in theirs. Ultimately I can also see scouting for new games to include in their game roster as a reason why these owners may gamble. There's a lot of reasons why you as an owner would gamble, whichever it is, it's not solely for money, and most certainly not to just waste time. Do you think that the owners of casinos and sports betting platform, gamble as much as other people do? If they gamble, do you think they gamble on their platform?
February 10, 2023, 05:23:46 PM
Maybe the online casino and sports betting platform owners spend on real casinos. When they gamble on their own platform it won't be anything exciting. Whether the gamble brings win or lose, there won't be any kind of excitement or frustration. If I'm not wrong the gambling sites owners might try how their platforms were performing playing different games.
There are also instances that these casino and sports betting platform owners would love to gamble at the different casino so they can also observe how is the scenario there and that they can also steal some ideas on how to improve their own platform by adopting those games from other casinos that have gained high demand from players and hoping that it will also create a good outcome once it’s played in their own casino. February 10, 2023, 05:23:18 PM
They might be playing with the other site or casino but using their own platform, I guess most of their employees are prohibited to do gamble because that is a conflict of interest.
The owner is surely a gambler as well because it will be hard to run a business if you are not familiar with it, though he has all the money already so playing might not be his priority anymore.
The owner is surely a gambler as well because it will be hard to run a business if you are not familiar with it, though he has all the money already so playing might not be his priority anymore.
They other things on their mind rather than gamble on their own platform.
But I believe, they will try their own games if it really works or have bugs or other stuffs they need to take care about.
Definitely, they should know how their game works and not blind about their offerings.
But I don't think they will go to the extent of being addicted gambler, just occasional one just to check their site from time to time.
February 10, 2023, 05:13:33 PM
I know a casino owner personally and to tell you the truth, he established his platform because he has lots of friends who are frequent gamblers. He joins them in their gambling ventures before in order to get a hint of what do players want and what can he do in order to get a lot of players in his platform. After collecting intel and funds to establish his own platform, he rarely goes on to gamble. He's in it for the money-making opportunity, and I guess a lot of casino and sports betting platforms are the same. Not saying all, but probably a lot of them has this mindset.
I would say that there is already a shift of mindset when you are still a full gambler and now that you’re already a casino business owner. Instead of gambling your money and giving them to casino, most likely the mindset of the owner is never to gamble anymore but to invest his funds and attract a lot of gamblers to play on his casino so he can always take an edge of their funds. While gambling can also be his previous hobby, but now he is more focused on accumulating more profits from the gamblers that have been enjoying their stay in his casino business. Jump to: