this post was submitted on 08 Sep 2023
769 points (98.1% liked)

Memes

45646 readers
1114 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 1 year ago (2 children)

Offline casinos can also make money on drinks/snacks/entrance fee/hotels rooms. Theoretically it would be possible to run an offline casinos with loosing odds. (They don't)

That's impossible for online casinos.

[–] [email protected] 4 points 1 year ago* (last edited 1 year ago)

Offline casinos have a much higher margin (called house edge) than online casinos. This is because they need to pay rent, business rates, salaries, security, etc. Online casinos can survive on a skeleton crew with a cloud based turn key solution. Thus their house edge is usually lower. The lower the house edge is, the more players win. The more players win, the more players you have.

[–] [email protected] 3 points 1 year ago

The casinos I've been to have had free drinks, snacks, and entry