Why People Are Losing Money in Casinos? Maths of Casino Games Explained

Is it possible to make money in casinos and always win? Learn about casino games and how they work from the mathematic point of view. Casino Guru explains terms like return to player (RTP), house edge, volatility (variance) etc. Find out how games of chance work to make good gambling-related decisions.

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[perfectox]

I think this is honestly the best explanation of the games of chance and casinos on the internet.

[julee]

No matter how many times I've lost, i never learn my lesson over staying way too long. If you play long enough, you WILL lose whatever you brought in and probably even more.

[mindingthedata]

These videos are such high quality and I really appreciate you taking the time to explain these logistics of gambling that casinos don't always tell their players. Your videos deserve so much more views!

[kenstevens]

I look at the house edge as a "fee" for playing. The fee for Blackjack might be $0.20 on a $25 hand, the fee for Roulette would be $1.30 on a $25 spin. An optimal evening for me would be 150 hands of blackjack, 200 hands of video poker, and 40 spins at roulette. Rough estimate is a loss of $100. Add tips and it's about $130. In 2023, that's a reasonable cost for night of entertainment, and if you're at a lower level casino you can play for much cheaper.

[omarlondon]

human phycology/nature make the casino win more too. if you are down you want to play more to get your money back and if you are up you want play even more to make more, eventually you will blow everything. long term casino always wins easily

[dmndmkr]

Conclusion is whatever you do, you can only make temperory money at Casino, but if you keep playing in hope to make monthly income than my friend you will loose all your money soon, Moral of the Story is "Going to Casino is an Expense, not an Income generating system" & "You can only make money out of Casino but can't get Rich" means you can make temperory money but in order to get rich you must keep earning back to back, so even if you manage to make some amount out of Casino every month, than my friend putting same effort on other work/business will make you much more money than casino, therefore Casino is an Money making Illusion...It's Deeeep to understand, only 20% people understand, if you are from those 20% like this message pls..

[Brooaf]

I have been playing Roulette for about twenty years and the game has given me pleasant experiences. I never wanted to win and I wasn't particularly interested in the money part because I always saw it as just entertainment. Practically, I like the atmosphere of the casinos and the cocktails.
I always set aside an amount to spend on it. So for me it's like going to the cinema or something similar. I use almost 100 different strategies and I win more than I lose. I think the only reason I can do this is because I never cared about winning or just relaxing and having fun. I've seen people lose insane amounts of money and end up broke because they didn't use it for fun. My smile depends on how the cocktails were and who I talked to.

[DuckNestWi]

These videos are 12/10. One of the best channels I’ve found, across all of YouTube not just gambling YouTube

[Laoneislive]

The dealers in all organized poker tournament hosted by casinos does a (what looks like) normal Overhand Shuffle. But while the dealer is shuffling they keep track of the cards they want to stack, and with a little practice they can manage to put the exact number of cards in between the cards they want to stack to make the next round of dealing favorable for whoever they choose.

[dellcruz]

what i learned in this video.. is you can win in a casino.. in even money bet if set up target.. say 1000 dollars .. for a very short period then leave. have a system .. and play on even money bet in roulette and not the high risk game

[stevep]

i like how a cartoon character tells me what to do

[lucasvass]

Some yable games can be beat with patience a strategy that works and bankroll that supports the unit size for that strategy. Missing any three of these go home. Most people are missing at least one.

[perplexxed]

i’ve made over 1500$ from 25$ in casino by bonus hunting, it really works for here an then profits

[okitimathew]

Interesting video) Sorry for the stupid question, maybe someone here knows, there is USDT on the OKX wallet, can you use it to top up your game account? There are only words: head isolate sound end kit industry choice festival limit stable dolphin derive. Password, etc., I don’t know anything else, is there any way to do this?

[abraham]

I really wished I had seen this before I spent months trying to test betting strategies..

[emmanuelvacakis]

Players must protect each other by refusing to play mathematically inferior games. Roulette has a 5.2531% casino advantage.

[sotk.]

HOW CAN I CONTACT YOU FOR A PROBLEM THAT I GOT FROM A CASINO;

[wilda.]

So in orher words use casinos the way you might use a scratcher lotto ticket. It's fun/thrilling to imagine you might win big but know you most likely will never do that. So you do it once or a few times a year to keep the fantasy going without risking your entire economy

[CraiglistErd]

there is no way this can be 100% accurate. How many times, besides every-time, does one leave a slot after pumping money into it with minimal payback walk away and someone sits down and hits immediately? This has to be built into a slot because it happens WAY too often to be "random".

[PeterAdiSaputro]

Interesting and mind-opening explanation. Good job !