Physical Casinos Decoded : - page 6.

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Quote from: Twinkledoe on July 11, 2020, 06:33:12 PM

That's the main goal of casinos, to rekt the players as much as they can

Personally, I don't think this is a viable business model

Casinos are interested in a sustainable cash flow, first and foremost, and that means retaining their customers (as the poster you replied to hinted at). I don't think you are going to come back after having been rekt. Therefore, casinos are not in fact interested in you losing all your money. Instead, they are interested in you receiving satisfaction in exchange for your precious shekels, as any other legit business out there

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Quote from: GDragon on July 12, 2020, 07:35:13 AM

I've heard before that there are loan sharks operating on casinos. Their target are those big time players who are losing. They let the player borrow huge amount of money in exchange of their cars, property's, etc. I've read that its a 2 percent per day interest in one of the casinos in my country, its really illegal and a problem for the authority. It will make the borrower really lose all his belongings if he will continue to lose.

I think, the casinos knew it, they are part of it, and they already knew who will be the person before they let them borrow a huge amount, they will be the one to offer so I guess they will get ID or just like what I've said before, any belongings the gambler can give for the borrowed money.

2 percent per day interest? That means 730% interest per year. Is that much even allowed legally? In my country, there is an upper limit on the interest level that you can charge. If I am not wrong, it is around 18% per year. If the interest rate is above that level, then you can't legally create a loan agreement and even if you create one, it won't be valid in the courts.

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Quote from: Sanitough on July 12, 2020, 06:55:41 AM

Quote from: Twinkledoe on July 11, 2020, 06:33:12 PM

That's the main goal of casinos, to rekt the players as much as they can.

You said it right, this is a gambling business where the house needs to be profitable so they can operate the business continuously.

Quote from: Twinkledoe on July 11, 2020, 06:33:12 PM

They even offer loans just for the player to go on. So if the player is not smart enough and just go with the flow, he will find himself in deep trouble even before he goes out of the casino. As a gambler, you should know your limits before you go inside. Don't be tempted with offers and other bonuses because that's their job, to keep the player as much as possible.

I've seen that most in movies but actually I have no idea what are the terms or anything related on why and how casino would offer a loan to its gambler.
There are loan sharks in a casino AFAIK, but are these people work with the casinos directly or they could be a separate entity? Either way, I don't think they would just easily lend a gambler without knowing the capacity to pay, so if a typical gambler plays in a casino, and lose and try to borrow, he can't expect to get approved.

As for me, I'm just lucky that I gamble at home most of the time, or... I think all the time. Grin

I've heard before that there are loan sharks operating on casinos. Their target are those big time players who are losing. They let the player borrow huge amount of money in exchange of their cars, property's, etc. I've read that its a 2 percent per day interest in one of the casinos in my country, its really illegal and a problem for the authority. It will make the borrower really lose all his belongings if he will continue to lose.

I think, the casinos knew it, they are part of it, and they already knew who will be the person before they let them borrow a huge amount, they will be the one to offer so I guess they will get ID or just like what I've said before, any belongings the gambler can give for the borrowed money.

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Quote from: Twinkledoe on July 11, 2020, 06:33:12 PM

That's the main goal of casinos, to rekt the players as much as they can.

You said it right, this is a gambling business where the house needs to be profitable so they can operate the business continuously.

Quote from: Twinkledoe on July 11, 2020, 06:33:12 PM

They even offer loans just for the player to go on. So if the player is not smart enough and just go with the flow, he will find himself in deep trouble even before he goes out of the casino. As a gambler, you should know your limits before you go inside. Don't be tempted with offers and other bonuses because that's their job, to keep the player as much as possible.

I've seen that most in movies but actually I have no idea what are the terms or anything related on why and how casino would offer a loan to its gambler.
There are loan sharks in a casino AFAIK, but are these people work with the casinos directly or they could be a separate entity? Either way, I don't think they would just easily lend a gambler without knowing the capacity to pay, so if a typical gambler plays in a casino, and lose and try to borrow, he can't expect to get approved.

As for me, I'm just lucky that I gamble at home most of the time, or... I think all the time. Grin

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Quote from: carlfebz2 on July 11, 2020, 06:25:35 PM

Quote from: FontSeli on July 11, 2020, 03:03:06 PM

Quote from: TrevorS on July 10, 2020, 12:41:20 PM

Quote from: FontSeli on July 10, 2020, 07:52:09 AM

Quote from: TrevorS on July 09, 2020, 03:09:24 PM

It is better to keep in mind the idea that you can’t earn money at all in gambling, and the win that you have is a fluke, an accidental reward for your labors.
The realization that casinos are designed in such a way that you lose in the long run can help people to be more conscious about what happens to them during games.
But people, as a rule, become aware of their situation after everything has happened, for example, after a big loss, a person “wakes up” and realizes that he was like in a dream.
The job of a casino is to lull a person so that he plays without stopping.

I think that most people who gamble in casinos for the purpose of earning money understand that the advantage is on the side of the casino. However, they are convinced that they can win at the casino. Perhaps they have some game strategies, ways and methods that players mistakenly rely on. There are very few people who don't know the truth about casinos.

We cannot know for sure. Millions of people play casinos, and we don’t know what each of them thinks about the casino, our selection is too small.
Some of my acquaintances, some until recently, thought that playing roulette betting on a red or black chance of winning 50 \ 50.
I am sure that everyone guesses that something is wrong with the casino, but far from everyone realizes and thinks about it.

Of course, we don't know what all the people who have ever played in a casino think. Personally, I make my conclusions based on the opinions of my friends and acquaintances. They all understand that the business of casino owners is based on the fact that the casino wins much more often than the players. This is why my friends and I never try to build our income based on casino gambling.
As for the chance of getting red or black in roulette, many people do not know that it is not 50/50.

It should be and must have always in mind when you do deal up with things rather than forcing this gambling activity as a main source of income will surely fucked you up along the way.

Lots of perception or beliefs will really push you hard to play since you do know the odds into your mind then its just normal for you to act or trying to enforce it.

Houses will surely do all lots of stuff for them to retain out their players on longest time as possible until they do put up a hole into their pockets in the end of the day.

That's the main goal of casinos, to rekt the players as much as they can. They even offer loans just for the player to go on. So if the player is not smart enough and just go with the flow, he will find himself in deep trouble even before he goes out of the casino. As a gambler, you should know your limits before you go inside. Don't be tempted with offers and other bonuses because that's their job, to keep the player as much as possible.

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Quote from: FontSeli on July 11, 2020, 03:03:06 PM

Quote from: TrevorS on July 10, 2020, 12:41:20 PM

Quote from: FontSeli on July 10, 2020, 07:52:09 AM

Quote from: TrevorS on July 09, 2020, 03:09:24 PM

It is better to keep in mind the idea that you can’t earn money at all in gambling, and the win that you have is a fluke, an accidental reward for your labors.
The realization that casinos are designed in such a way that you lose in the long run can help people to be more conscious about what happens to them during games.
But people, as a rule, become aware of their situation after everything has happened, for example, after a big loss, a person “wakes up” and realizes that he was like in a dream.
The job of a casino is to lull a person so that he plays without stopping.

I think that most people who gamble in casinos for the purpose of earning money understand that the advantage is on the side of the casino. However, they are convinced that they can win at the casino. Perhaps they have some game strategies, ways and methods that players mistakenly rely on. There are very few people who don't know the truth about casinos.

We cannot know for sure. Millions of people play casinos, and we don’t know what each of them thinks about the casino, our selection is too small.
Some of my acquaintances, some until recently, thought that playing roulette betting on a red or black chance of winning 50 \ 50.
I am sure that everyone guesses that something is wrong with the casino, but far from everyone realizes and thinks about it.

Of course, we don't know what all the people who have ever played in a casino think. Personally, I make my conclusions based on the opinions of my friends and acquaintances. They all understand that the business of casino owners is based on the fact that the casino wins much more often than the players. This is why my friends and I never try to build our income based on casino gambling.
As for the chance of getting red or black in roulette, many people do not know that it is not 50/50.

It should be and must have always in mind when you do deal up with things rather than forcing this gambling activity as a main source of income will surely fucked you up along the way.

Lots of perception or beliefs will really push you hard to play since you do know the odds into your mind then its just normal for you to act or trying to enforce it.

Houses will surely do all lots of stuff for them to retain out their players on longest time as possible until they do put up a hole into their pockets in the end of the day.

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Quote from: TrevorS on July 10, 2020, 12:41:20 PM

Quote from: FontSeli on July 10, 2020, 07:52:09 AM

Quote from: TrevorS on July 09, 2020, 03:09:24 PM

It is better to keep in mind the idea that you can’t earn money at all in gambling, and the win that you have is a fluke, an accidental reward for your labors.
The realization that casinos are designed in such a way that you lose in the long run can help people to be more conscious about what happens to them during games.
But people, as a rule, become aware of their situation after everything has happened, for example, after a big loss, a person “wakes up” and realizes that he was like in a dream.
The job of a casino is to lull a person so that he plays without stopping.

I think that most people who gamble in casinos for the purpose of earning money understand that the advantage is on the side of the casino. However, they are convinced that they can win at the casino. Perhaps they have some game strategies, ways and methods that players mistakenly rely on. There are very few people who don't know the truth about casinos.

We cannot know for sure. Millions of people play casinos, and we don’t know what each of them thinks about the casino, our selection is too small.
Some of my acquaintances, some until recently, thought that playing roulette betting on a red or black chance of winning 50 \ 50.
I am sure that everyone guesses that something is wrong with the casino, but far from everyone realizes and thinks about it.

Of course, we don't know what all the people who have ever played in a casino think. Personally, I make my conclusions based on the opinions of my friends and acquaintances. They all understand that the business of casino owners is based on the fact that the casino wins much more often than the players. This is why my friends and I never try to build our income based on casino gambling.
As for the chance of getting red or black in roulette, many people do not know that it is not 50/50.

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Quote from: Kasabus on July 10, 2020, 02:04:34 AM

Quote from: maydna on July 09, 2020, 10:19:00 PM

~snip~

We define gambling based on our ability, if we are not that good in gambling where we can't make a living to it, then better look for a job and just treat gambling as fun, however, it's a different story for people who have skills in gambling as they can be a professional gambling and they can rely on gambling as their means of living, it's very rare to see that but it's possible.

We will always suggest searching for another job to make money because gambling is not the way to make money. If there are people who can make money from gambling, I am sure they have another thing that helps them to be able to make money. We cannot follow their step because it will be too difficult for us to learn every step they have to make money from gambling. Some of them can be professional gamblers who can live from playing gambling, and they can make money from gambling. But the number of them are not too big because the other gambler will not have that chance to make money.

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Quote from: FontSeli on July 10, 2020, 07:52:09 AM

Quote from: TrevorS on July 09, 2020, 03:09:24 PM

It is better to keep in mind the idea that you can’t earn money at all in gambling, and the win that you have is a fluke, an accidental reward for your labors.
The realization that casinos are designed in such a way that you lose in the long run can help people to be more conscious about what happens to them during games.
But people, as a rule, become aware of their situation after everything has happened, for example, after a big loss, a person “wakes up” and realizes that he was like in a dream.
The job of a casino is to lull a person so that he plays without stopping.

I think that most people who gamble in casinos for the purpose of earning money understand that the advantage is on the side of the casino. However, they are convinced that they can win at the casino. Perhaps they have some game strategies, ways and methods that players mistakenly rely on. There are very few people who don't know the truth about casinos.

We cannot know for sure. Millions of people play casinos, and we don’t know what each of them thinks about the casino, our selection is too small.
Some of my acquaintances, some until recently, thought that playing roulette betting on a red or black chance of winning 50 \ 50.
I am sure that everyone guesses that something is wrong with the casino, but far from everyone realizes and thinks about it.

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nice share but nothing new casinos track everyting to make more money

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Quote from: ethereumhunter on July 05, 2020, 10:12:25 AM

Quote from: South Park on July 04, 2020, 01:20:13 PM

Quote from: ethereumhunter on June 30, 2020, 06:13:28 AM

I think not just food and drinks, and they will offer other bonuses to us so that we will stay for a long time in their place. When you get drunks, it will be easy for them to keep you playing gambling without thinking that is enough for you. You can not deny what they want if you are drunk because they make you drink so many glasses or bottles. They will know that you still have money to spend on gambling games, and even if you lose your money, they will offer you to take a loan from them.

This is probably the most dangerous aspect of all of this, even if you are cautious enough to not bring a lot of money to the casino you can take loans there which means that a person that is completely intoxicated and that has lost control of his betting could easily lose all what he has if he is not careful, while I have not seen people losing as much money I have seen many times people that came to the casino after being paid on their job and lose all of it and now they had to explain to their wives they lost their money and figure out how to pay for the expenses of the month.

That is what will happen if someone loses control of himself, and he will end without any money left. We need to stop as soon as possible if we are almost run out of the money so that we can leave the gambling place in the right time, and we don't have to take loans in that gambling place. When we take loans, that will be like a time bomb for us to end sooner or later, and we will not making money. If they don't want to think about the negative side that they can get, they will not realize that the money will be worth and useful if they give to their family, so their family can use it to buy the daily needs than to play gambling.

Unfortunately those that have lost control of themselves do not have a way to exercise their will into their actions anymore, and when you add special circumstances like being under the influence of alcohol or losing so much money to the casino that you fell like you deserve to get your money back, then it is not weird to find out this happens to many people all over the world so even the strategy that you bring of giving your money to someone else to try to protect it will not work as an addicted gambler will get a loan just to keep gambling.

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Quote from: leea-1334 on July 10, 2020, 08:04:06 AM

Not really,,, some offline casinos give a line of credit to their regular customers, either formally through electronic card which I have seen,,, or informally where the guy busts and asks if he can "borrow" a bit. Double owed or nothing. That is worse than crypto casinos which give you zero credit.

Yes, possibly the worst thing always happen in casino. Owing usually happen but of course it come also with collateral like car bikes or cellphone. This is how I always seen in the offline casino.

Preferrably online casino would be a better choice. Onlinen casino provide more fun and a better way of betting away from fraud near you in the offline casino.

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Quote from: bitcoinst on July 08, 2020, 06:45:03 AM

Pretty controversial moment. When you go to a physical casino you have a certain amount of money on hand, after losing that you will either have to go for a new amount or stop the game.

When you play in an online casino, all your money is with you, and in theory you can gamble until you spend it all. Being at home is too great a temptation to recoup, and making a deposit will take all a couple of minutes.

Not really,,, some offline casinos give a line of credit to their regular customers, either formally through electronic card which I have seen,,, or informally where the guy busts and asks if he can "borrow" a bit. Double owed or nothing. That is worse than crypto casinos which give you zero credit.

FontSeli

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Quote from: TrevorS on July 09, 2020, 03:09:24 PM

It is better to keep in mind the idea that you can’t earn money at all in gambling, and the win that you have is a fluke, an accidental reward for your labors.
The realization that casinos are designed in such a way that you lose in the long run can help people to be more conscious about what happens to them during games.
But people, as a rule, become aware of their situation after everything has happened, for example, after a big loss, a person “wakes up” and realizes that he was like in a dream.
The job of a casino is to lull a person so that he plays without stopping.

I think that most people who gamble in casinos for the purpose of earning money understand that the advantage is on the side of the casino. However, they are convinced that they can win at the casino. Perhaps they have some game strategies, ways and methods that players mistakenly rely on. There are very few people who don't know the truth about casinos.

Quote from: maydna on July 09, 2020, 10:19:00 PM

We need to search for another way to make money, so we don't depend on gambling, as you say. Gambling will only for having fun and enjoy every game inside the website or casino places, but there is a limit that every gambler should have. We should not spend more money to make money from gambling because we don't have more chances to get it. Perhaps, only gamblers who can control themselves and skills that can be a pro gambler and succeed from gambling.

Nicely said. It is when you play for fun that it is especially nice to win and leave the casino with more money than you came in.

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Quote from: bitcoinst on July 08, 2020, 06:45:03 AM

Quote from: jademaxsuy on July 08, 2020, 05:38:48 AM

Besides, If one goes to casino pretty sure one can loss money a lot but with online games one can spend little by little depending on how you want to play since you have the control over your bet and most of gambling platform had no minimum bet even cents could dovin betting.

Pretty controversial moment. When you go to a physical casino you have a certain amount of money on hand, after losing that you will either have to go for a new amount or stop the game

As I suspect, physical casinos are actually more dangerous in this regard

The harsh truth is, you can lose more in a land-based casino. In fact, you can lose all that can be potentially lost. Basically, you assume that you can't lose more money than you have with you. But that's not necessarily the case as no one can stop you from borrowing money right in there

Somehow, I have an intuition you won't have any problems with taking a loan in a brick&mortar casino, at least as long as you have some property to be used as a collateral for it. And here things get more onerous and tragic than with online gambling as with the latter you can only lose your money, not your house or anything to that effect

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Quote from: carlfebz2 on July 07, 2020, 04:14:56 PM

Quote from: TrevorS on July 07, 2020, 03:05:18 PM

Quote from: Pamadar on July 07, 2020, 08:02:47 AM

Your discipline can counter the tricks of the gambling house, gamblers who understand the nature of this business
knew when to quit both when already achieving good profits or already losing decent
amount of money from his pocket, even there's a lots of tricks to entice you to keep on
playing if you have good discipline you will go out without losing a huge amount
of money.

Discipline has been studying for years. This is the most difficult skill to acquire, because it is based on willpower.
The casino plays on our weaknesses, on our desires. The best casino will do so that we succumb to all our desires as often as possible in this its essence.
Only discipline can save you from this, but for this you need to become a truly professional, a similar path is not for everyone. We are too emotional "animals."

I dont know if i would agree that we are emotional animals. Grin

But i do hardly agree on the fact that have you said that discipline will be easily be put up if we do really have that will power which can really be obtained if we do have somewhat experience
into this thing because you wouldnt know if you havent tried it in the past.

Of course they will do all sorts of things for you to stay and thats their primary motive since from the beginning.

Would have been ok if those they get to stay longer are benefitting positively while spending their time on games. The benefit should be mutual, and not one way thing or just for the casinos. This is one of the reasons I think most games should be redesign in such a way that the players benefit positively while spending longer time than is necessary on them

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Quote from: bitcoinst on July 08, 2020, 06:45:03 AM

Quote from: jademaxsuy on July 08, 2020, 05:38:48 AM

Besides, If one goes to casino pretty sure one can loss money a lot but with online games one can spend little by little depending on how you want to play since you have the control over your bet and most of gambling platform had no minimum bet even cents could dovin betting.

Pretty controversial moment. When you go to a physical casino you have a certain amount of money on hand, after losing that you will either have to go for a new amount or stop the game.

When you play in an online casino, all your money is with you, and in theory you can gamble until you spend it all. Being at home is too great a temptation to recoup, and making a deposit will take all a couple of minutes.

Yeah online casinos have both advantages as well as disadvantages so it all depends on the people who is handling their emotions while gambling online.That is why we should avoid chasing our losses whether it is physical or online casino or we will lose more money.

But when we are in physical casino we will return back to home at some point but while playing we can bet 24/7 so chance for more addiction.

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Quote from: maydna on July 09, 2020, 10:19:00 PM

Quote from: FontSeli on July 09, 2020, 01:17:43 PM

Quote from: maydna on July 07, 2020, 10:04:37 PM

~snip~

Many qualities you need to possess in order not to become dependent on gambling. This is of course the same discipline and calmness and the ability to limit yourself. Also, the main thing in gambling is to understand that you can't constantly try to earn money from gambling. Everything is arranged so that for a long distance, players lose the casino.

We need to search for another way to make money, so we don't depend on gambling, as you say. Gambling will only for having fun and enjoy every game inside the website or casino places, but there is a limit that every gambler should have. We should not spend more money to make money from gambling because we don't have more chances to get it. Perhaps, only gamblers who can control themselves and skills that can be a pro gambler and succeed from gambling.

We define gambling based on our ability, if we are not that good in gambling where we can't make a living to it, then better look for a job and just treat gambling as fun, however, it's a different story for people who have skills in gambling as they can be a professional gambling and they can rely on gambling as their means of living, it's very rare to see that but it's possible.

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Quote from: FontSeli on July 09, 2020, 01:17:43 PM

Quote from: maydna on July 07, 2020, 10:04:37 PM

~snip~

Many qualities you need to possess in order not to become dependent on gambling. This is of course the same discipline and calmness and the ability to limit yourself. Also, the main thing in gambling is to understand that you can't constantly try to earn money from gambling. Everything is arranged so that for a long distance, players lose the casino.

We need to search for another way to make money, so we don't depend on gambling, as you say. Gambling will only for having fun and enjoy every game inside the website or casino places, but there is a limit that every gambler should have. We should not spend more money to make money from gambling because we don't have more chances to get it. Perhaps, only gamblers who can control themselves and skills that can be a pro gambler and succeed from gambling.

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Quote from: FontSeli on July 09, 2020, 01:17:43 PM

Quote from: maydna on July 07, 2020, 10:04:37 PM

Quote from: FontSeli on July 07, 2020, 04:47:50 AM

Quote from: maydna on July 06, 2020, 10:16:14 PM

Staying discipline is difficult, and I guess many gamblers have that experience. I am sure that we can remain disciplined in the first 30 minutes, but after we play more about 30 minutes, I don't think that we still have discipline because the tension and the pressure will be there. Only a few gamblers can still have discipline on their plan, and perhaps, pro gamblers will still have control although they play gambling for a long time.

Players who cannot be disciplined during the game, as well as can't keep calm and stop in time - no place in gambling. Such people are at great risk of losing all their money, as well as becoming addicted to gambling.

So no matter what, the discipline is the important thing that we need to have in gambling. Such people will not realize even if they play longer because they don't think that discipline will help them to keep their money. That will be worst if they become addicted because if they get addicted, they will only want to play more and more, and don't stop if their money is gone.

Many qualities you need to possess in order not to become dependent on gambling. This is of course the same discipline and calmness and the ability to limit yourself. Also, the main thing in gambling is to understand that you can't constantly try to earn money from gambling. Everything is arranged so that for a long distance, players lose the casino.

It is better to keep in mind the idea that you can’t earn money at all in gambling, and the win that you have is a fluke, an accidental reward for your labors.
The realization that casinos are designed in such a way that you lose in the long run can help people to be more conscious about what happens to them during games.
But people, as a rule, become aware of their situation after everything has happened, for example, after a big loss, a person “wakes up” and realizes that he was like in a dream.
The job of a casino is to lull a person so that he plays without stopping.

Topic: Physical Casinos Decoded : - page 6. (Read 3346 times)