Is it true that the house always wins and why do people always lose in gambling?

[huynhvantai]

This is a question that many online casino players, whether in best bookmaker apps or other betting games like sports betting, ask. The bookmakers receive tens of thousands of bets every day, so why have we never seen any bookmaker losing? Do they manipulate the outcomes or deceive the players in any way? Or do the bookmakers always win? Why do people always lose in gambling? Let's consider some experienced players' perspectives on this matter.

Is it true that the house always wins?

Regarding the question of what makes a reputable bookmaker, as mentioned, bookmakers are international organizations that operate legally and are subject to regulatory and supervisory bodies. They are not self-established organizations that can do whatever they want or intervene in various ways. Furthermore, bookmakers do not produce the games themselves; they receive games from game providers who distribute them to the bookmakers. The bookmakers utilize the results of these games without producing them or having the ability to interfere. Therefore, it is not true that the house always wins.

Why have we never seen any bookmaker going bankrupt?

This question is seen as strong evidence that bookmakers do not cheat. The reality is that bookmakers do not cheat, but they rarely or never incur losses in capital. It is indeed the case, and there is no debate about it. To explain this, let's imagine lottery companies. They sell a large number of tickets, but only a few people win, and naturally, they always make a profit and live well, having earned billions of dong after paying out prizes to the winners.

Why? This can be explained by a simple probability problem. Suppose they sell 100 tickets, each priced at 10,000 VND. They would earn 1 million VND, but the total prize value is only 500,000 VND. Clearly, they have 500,000 VND left to operate the system and make a profit. Each ticket buyer has an equal chance of winning, with no deception or tricks involved.



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Bookmakers operate in a similar manner. Each game has its own probabilities. Have you ever wondered where the payout rates come from in games like Roulette, Sicbo, Blackjack, and Baccarat? They are all carefully calculated based on overall probabilities. The results of 50 or a few hundred games cannot fully represent these odds, as they may lean towards certain betting options. However, when you aggregate hundreds of thousands of bets placed at bookmakers every day, after properly paying out the winners, the bookmakers still make a profit. That is the reality, and in the end, the bookmakers always win.

Why do people always lose in gambling?

You may wonder why people always lose in gambling while bookmakers do not cheat. It's either because you're not lucky or, more accurately, because you're unlucky =)) Because you are participating in games of chance, luck can go either way, and it's not surprising if you don't encounter luck. That's the feeling of enjoyment and relaxation that these games bring to players. Enjoy it, there's nothing to worry about if you know how much you're betting and are willing to pay for it. The following reasons only help to explain to some extent and provide ways for you to limit your losses. But if you're playing games of chance, don't expect to fully grasp the principles, as there are no fixed principles here.

Inconsistent betting amounts: Many players start off calmly, with their bets relatively stable. However, when they continuously lose or win in a certain streak, their bets start to fluctuate like drunken ants. When you bet without limits and make a few big "careless" bets, you may end up losing more than half of your capital. At this point, your psychology starts to go haywire, and the money keeps slipping away. Ten minutes later, you're staring blankly at an empty account and don't understand what you did wrong. You made a mistake when you couldn't maintain stable betting amounts. Keep a cool head.



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Being too eager for high-risk betting options: Many people only focus on these types of bets, such as betting on a triple in Sicbo, which pays 180 times, or betting on a Tie in Baccarat, which pays 8 times, while the other two options in this game only pay 1 time. The advice from experienced players is that if you're new to gambling, forget about these types of bets, even in Baccarat, where everyone is advised NEVER to bet on a Tie. Typically, people only bet on these options with their winnings. Lower payout options are much safer.

What is the conclusion?

You are seeking relaxation, and the random nature of these games is providing that relaxation to you. Winning a little money gives you money and relaxation. But if you lose, you still have the relaxation. There is no need to try to understand the rules of winning and losing in the games with the intention of exploiting them because there are no such rules. Or to believe that bookmakers are manipulating game outcomes in some way to deceive you. They do not have the ability or the need to do so. They still win even if you hit the jackpot with billions of dong. So, there is no need to doubt that bookmakers always win or wonder why people always lose in gambling. Just enjoy the games comfortably ^^ Read more articles on online gambling information here.