Owners of betting companies don’t have the time to place a bet and it may not be useful because he is also paying himself, unless it a business that has a share holders and maybe the owners of the company has 50% and he can know gamble because everyone in the company deal with percentage
What is the need of them betting? If they bet and win, who will pay? So there is no benefits of them betting, they pay the winners and who will pay them if they win? No body give a fuck about them, gamblers want to win and many gamblers don't care about the owners of the casinos they only care about the amount they want to win. 
Topic: Do Owners of betting companies bet? (Read 1555 times)
~
One of the advantages a casino owners have is that they already knows the odds that played all the time, already they have specialists that deals on the odds and the odds specialists are not allowed to play because they know what odds that played and the one that get lost.I will like to bet with a casino owner because as he already knows the odds which means anyone he plays will come and as he's playing I will also bet on that same odds too.
Some times the casino owner game might cut but there is always a possibility that his winning will be higher than his losing.
Owners of betting companies don’t have the time to place a bet and it may not be useful because he is also paying himself, unless it a business that has a share holders and maybe the owners of the company has 50% and he can know gamble because everyone in the company deal with percentage
What is the need of them betting? If they bet and win, who will pay? So there is no benefits of them betting, they pay the winners and who will pay them if they win? No body give a fuck about them, gamblers want to win and many gamblers don't care about the owners of the casinos they only care about the amount they want to win. This is why I feel that casino owners might not be gambling, but if any of them gambles it shoukd be done in his casino.
Owners of betting companies don’t have the time to place a bet and it may not be useful because he is also paying himself, unless it a business that has a share holders and maybe the owners of the company has 50% and he can know gamble because everyone in the company deal with percentage
What is the need of them betting? If they bet and win, who will pay? So there is no benefits of them betting, they pay the winners and who will pay them if they win? No body give a fuck about them, gamblers want to win and many gamblers don't care about the owners of the casinos they only care about the amount they want to win. 
Owners of betting companies don’t have the time to place a bet and it may not be useful because he is also paying himself, unless it a business that has a share holders and maybe the owners of the company has 50% and he can know gamble because everyone in the company deal with percentage
What is the need of them betting? If they bet and win, who will pay? So there is no benefits of them betting, they pay the winners and who will pay them if they win? No body give a fuck about them, gamblers want to win and many gamblers don't care about the owners of the casinos they only care about the amount they want to win. 
Owners of betting companies don’t have the time to place a bet and it may not be useful because he is also paying himself, unless it a business that has a share holders and maybe the owners of the company has 50% and he can know gamble because everyone in the company deal with percentage
Do owners of betting companies place bet on their own platform or is there a policy specific policy that restricts them from betting. Do you think that there would be conflict of interest or that it will be unethical if owners bet on their own platforms. These are the questions that I am seeking an answer to.
Op there is no restricrion when it comes To individual betting And there is no Law that prevents the owners of betting shops not To bet it all depends on the individual And Choice. If the owner of a betting shop see an opportunity And potential chances To win , he or she will bet , beside i have seen several people who are owners of betting shop visit another betting shop To place their bets instead of their own And when i tried To enquire why they are doing such . He said that it is financial discipline that If he decides To bet in his shop he might end up not paying for the bets So he prefers another betting shop .Lastly most of the owners of betting shops are chronic Gamblers And often bets from time To time , they also Find money just like you and i And besides they are just Agents And not the exact owners of the shops . And as such they try also To practice the betting To know If luck will shine on them Too
The owners of the betting shops are already a winner by the time they open up their business and there is no need to be greedy anymore. With that, I think yeah that they are chronic gamblers but that's kinda amazing, especially if they did not lose all their money in another betting platforms. I thought that if we have a problem and we open a business it will only affect it negatively but it might also be a way for us to change and discipline our selves.
Do owners of betting companies place bet on their own platform or is there a policy specific policy that restricts them from betting. Do you think that there would be conflict of interest or that it will be unethical if owners bet on their own platforms. These are the questions that I am seeking an answer to.
A deep thoughts on this,but I see it that owners of betting companies do place bets too and yes in their own platforms but they don't show it,but rather they prefer doing it at a convenient space which is their office but have also seen other bet companies owners that do it visible too to both their staffs and clients,they do it to show they are also in the game together and to make their customers be at peace and comfortable placing bets.
Cause I use to visit this particular bet shop with my guys,so one day a quarrelling fight came with a guy that loosed,he said everytime he keeps loosing his money that where's your Boss,he keeps eating out money whereas he doesn't bets,so suddenly the owner of the place came out and explained to the man probably gis strategies are not working well for him,so he stood in the line to place bets and let's them watch him to prove to the guy that he loses money too.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Do owners of betting companies place bet on their own platform or is there a policy specific policy that restricts them from betting. Do you think that there would be conflict of interest or that it will be unethical if owners bet on their own platforms. These are the questions that I am seeking an answer to.
Just because you are the owner of a casino doesn't mean you don't have the right to play on your own online casino platform. Of course, that's not the case. Maybe it's possible to play gambling on your platform where you don't withdraw money but can win money and withdraw as well.
Of course, you, the owner, can do everything you want to do in your own casino; you can bring in money, and I don't see anything wrong with that either.
Theoretically they can do whatever they want. But in reality, I think they won't do that, basically because they understand too well how their system works and what the win-loss ratio is. Would you play knowing what the outcome would be?
If this is the main concern, most gamblers know also know how the system works, know about the win-loss ration, but they are still gambling because they like it. Owners of a casino may still gambling if they like to do it although they have much better understanding about the system. Attractive gambling is when we bet on something we do not know in advance what the outcome will be. It gives us excitement to play and wait. The casino owner is the one who creates the game, if they play for the purpose of making money, then sitting idle and not playing is already making money. If they are looking for fun, they will probably choose another game instead of the one they created.
Casino owners are not always the one who create the game, there are casinos where the games are mostly from 3rd party providers. Even if casino owner create his own game, he may still play it for fun. But for making money, I dont think casino owners will do it because they are making money already with the casino. 
Do owners of betting companies place bet on their own platform or is there a policy specific policy that restricts them from betting. Do you think that there would be conflict of interest or that it will be unethical if owners bet on their own platforms. These are the questions that I am seeking an answer to.
Just because you are the owner of a casino doesn't mean you don't have the right to play on your own online casino platform. Of course, that's not the case. Maybe it's possible to play gambling on your platform where you don't withdraw money but can win money and withdraw as well.
Of course, you, the owner, can do everything you want to do in your own casino; you can bring in money, and I don't see anything wrong with that either.
Theoretically they can do whatever they want. But in reality, I think they won't do that, basically because they understand too well how their system works and what the win-loss ratio is. Would you play knowing what the outcome would be?
Attractive gambling is when we bet on something we do not know in advance what the outcome will be. It gives us excitement to play and wait. The casino owner is the one who creates the game, if they play for the purpose of making money, then sitting idle and not playing is already making money. If they are looking for fun, they will probably choose another game instead of the one they created.
Attractive gambling is when we bet on something we do not know in advance what the outcome will be. It gives us excitement to play and wait. The casino owner is the one who creates the game, if they play for the purpose of making money, then sitting idle and not playing is already making money. If they are looking for fun, they will probably choose another game instead of the one they created.
Do owners of betting companies place bet on their own platform or is there a policy specific policy that restricts them from betting. Do you think that there would be conflict of interest or that it will be unethical if owners bet on their own platforms. These are the questions that I am seeking an answer to.
Op there is no restricrion when it comes To individual betting And there is no Law that prevents the owners of betting shops not To bet it all depends on the individual And Choice. If the owner of a betting shop see an opportunity And potential chances To win , he or she will bet , beside i have seen several people who are owners of betting shop visit another betting shop To place their bets instead of their own And when i tried To enquire why they are doing such . He said that it is financial discipline that If he decides To bet in his shop he might end up not paying for the bets So he prefers another betting shop .Lastly most of the owners of betting shops are chronic Gamblers And often bets from time To time , they also Find money just like you and i And besides they are just Agents And not the exact owners of the shops . And as such they try also To practice the betting To know If luck will shine on them Too
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
Do owners of betting companies place bet on their own platform or is there a policy specific policy that restricts them from betting. Do you think that there would be conflict of interest or that it will be unethical if owners bet on their own platforms. These are the questions that I am seeking an answer to.
Why will they actually gamble? For winning from gambling? then how it's possible, that if they lose their House will win, if they win, their house will lose?
So from this point of view there is no reason to gamble in own platform. But For testing, fixing bugs, etc they can play and I assume it's normal. 
-snip
Can only be answered by the owner himself. We never know if they are playing or not and to follow your statement, if they are going to find such things for entertainment. I see your point where they can just go on vacation and use the money that they already enjoy from the gamblers, instead of playing and risking their money, though maybe yes or maybe no, no one among us can conclude that unless they are here also, and they can prove that they are the owner after claiming and show proof that they are playing using their own platform.
your answer is very correct because in fact we will never know whether everything we talk about here is true or not because only they (gambling owners) know everything about this truth. It's just that we are here only saying about our respective opinions but that doesn't mean all of that is true.
and on the one hand, we are currently in an online gambling trend where you will never know who is gambling on the platform because it is all based online and only certain people or gambling owners can know everything and for me as long as it doesn't have a bad impact on the gambling itself I think its not problem if gambling owner gambles on his own platform but maybe only occasionally or even just once because I'm sure the gambling owner has a more convenient way to get entertainment.
Just like to every other person, betting is also a choice to owners of betting companies or platforms. Most owners of Betting platforms often engage in betting and other gambling activities themselves. As this helps them gain firsthand insights into user experiences and even dynamics of the market. This double role serves as valuable strategy for their market research in guiding improvements on their platforms.
This should not be much of an issue due to the fact that the respective users of these platforms themselves actually deserve and want optimal user satisfaction hence, the need to understand what customers like and want.
This should not be much of an issue due to the fact that the respective users of these platforms themselves actually deserve and want optimal user satisfaction hence, the need to understand what customers like and want.
I'm curious to know where you got this info. It doesn't seem to make sense that the people who own betting sites would play on them too. That could definitely cause some conflicts of interest! I wanna see the research that says this is happening.
Generally it's seen as pretty sketchy for a business to use its own stuff to gamble. That can lead to the business having an unfair leg up or even insider trading sorta situations.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Just like to every other person, betting is also a choice to owners of betting companies or platforms. Most owners of Betting platforms often engage in betting and other gambling activities themselves. As this helps them gain firsthand insights into user experiences and even dynamics of the market. This double role serves as valuable strategy for their market research in guiding improvements on their platforms.
This should not be much of an issue due to the fact that the respective users of these platforms themselves actually deserve and want optimal user satisfaction hence, the need to understand what customers like and want.
Casino owners engage in betting to check how their casino provides the best experience to its users and to check what needs to be improved or added to improve service. This will be useful to provide an overview for casino owners to know if there are things that need to be improved so that the casino team can handle them immediately.This should not be much of an issue due to the fact that the respective users of these platforms themselves actually deserve and want optimal user satisfaction hence, the need to understand what customers like and want.
However, casino owners will not gamble too often because they better monitor the casino's running and provide the best for their users. Casino owners don't want themselves to become addicted to gambling like gamblers who lose self-control when gambling. Of course, casino owners will check how much profit they have made.
Just like to every other person, betting is also a choice to owners of betting companies or platforms. Most owners of Betting platforms often engage in betting and other gambling activities themselves. As this helps them gain firsthand insights into user experiences and even dynamics of the market. This double role serves as valuable strategy for their market research in guiding improvements on their platforms.
This should not be much of an issue due to the fact that the respective users of these platforms themselves actually deserve and want optimal user satisfaction hence, the need to understand what customers like and want.
This should not be much of an issue due to the fact that the respective users of these platforms themselves actually deserve and want optimal user satisfaction hence, the need to understand what customers like and want.
Do owners of betting companies place bet on their own platform or is there a policy specific policy that restricts them from betting. Do you think that there would be conflict of interest or that it will be unethical if owners bet on their own platforms. These are the questions that I am seeking an answer to.
There's bulky questions to be answered but due to one's status, no one would welcome any idea brought to make contributions to the system. Not all bet companies owners engaged in gambling because they might become very busy with their time and also not ready to give up their initial capital, in the first place, we should know the spirit that comes when we gamble. I'm not ready to lose any significant figure in the system, we just have to become very careful and work vividly abiding by the govern sets of laws enacted by our disciplinary measures, all this are just for our safety from crossing boundaries.
I agree with your casino boss view. Besides gambling, they're strategic thinkers and involved in their industry. A casino owner gambling in his own casino is prohibited. They know how the games work, right? It eliminates gambling's thrill of chance.
Lmao, Did you know that your real boss for your signature campaign casino “Stake” is the best example for this topic. Eddie play on his own casino and live stream it. He is using it as promotion for his casino through rewarding viewers. There’s no written rule that owner is not allowed to play since casino is using 3rd party games which means it’s really not their own game but rather they are just renting it and share profit with game providers. Only house game is 100% casino owned game.
Second, playing high-stakes games with other moguls? Their true game. The key is networking, recognizing the competitors, and keeping ahead. Finally, their job requires attention outside the casino. They resolve disagreements, plan commercial growth, and protect their empire. High stakes, but not at the tables. They're continually gambling with their entire business on the business battlefield.
All the function that you mention is assigned to different staff of the casino. Owner doesn’t do it because it’s for workers work. The only job of owner is the decision making for the casino sake and the rest is just cash out from casino profit because they finance the casino.
Jump to: