Why do bookmakers always win while you keep losing time and again when gambling? Are you also wondering the same question when in reality, casino houses are making profits of tens of billions of dollars each year from players? Let’s find the answer together with Vaobo88.
Why do casinos/bookmakers always win?
In fact, for seasoned players with experience in the field, they can certainly answer this question to some extent. However, for newcomers just stepping into the field, they may still feel confused and worried about whether they are being scammed by unreliable bookmaker sites.
To answer this question, we will need to analyze from various objective perspectives, from the players to the online casinos.
Do casinos actually cheat?
Besides gambling at traditional casinos, you can now participate in betting on online casino sites. Whether traditional or online casinos, to operate in the field of providing legal betting services, these organizations must have all the necessary licenses and are subject to direct management from international gambling authorities. Some common licenses often encountered include:
- Pagcor – issued by the Philippine government.
- IOM: Isle of Man Gambling Supervision Commission issued by the Isle of Man.
- FCLRC: Philippine Amusement and Gaming Corporation.
- CEZA: Cagayan Economic Zone Authority
- Costa Rica Gambling Jurisdiction
- Curacao Egaming
- …
Therefore, all bookmakers must commit to fairness and transparency in business to ensure the rights of customers when participating in betting. Additionally, to establish a gambling business, they must prove their financial capacity, development scale, and that their services are professional. ➡️ The occurrence of cheating by casino sites is unlikely. Another reason is that, as you know, when participating in games at casinos such as: Slot games, card games, football betting, Pachinko, fish shooting tips,… most are provided by a third party. Specifically, some of the top casino game providers today include: CQ9, SA Gaming, Playtech, Pragmatic Play, Sbobet, Gameplay,… Most of these gaming portals are managed by international gambling organizations to ensure fairness in the games. You can be completely assured about the issue of bookmakers setting algorithms to make players lose bets.
The probability of losing will always be higher
Certainly, in any type of investment, including gambling or traditional lottery, the probability of losing is always higher than the chance of winning. Therefore, the prize money you receive will also be much higher than the initial capital you invested. Because the number of losers is very high, bookmakers can make profits of thousands of billions of dong each year and have money to pay prizes to other winners. Specifically, when playing the lottery, the chance of winning a number is 1%. The average prize level currently is 1 to 85 – 99, if you bet 10,000 dong, when you win, you will receive up to 850,000 – 990,000 dong. This is a significant profit compared to other types of bets. But on the contrary, the number of people losing is also much higher, so casinos also benefit from this.
Negative Cases
Speaking of the positive side, we should also analyze the dark side of this online gambling industry. Currently, there are hundreds of different gambling sites popping up like mushrooms. Most of these organizations are spontaneous and do not have legal business licenses as we mentioned above. Therefore, they always have algorithms set up to ensure that the losing rate is always much higher than the winning rate. In addition, for 50/50 games like football betting, speculators can also spend money to influence the outcome of the match. For example, if they see that one side has more followers, they may influence the odds to ensure that side loses, allowing the bookmaker to make huge profits. Just look at the big bookmakers that have been operating for decades in the market; is there any unit that reports negative revenue or goes bankrupt? To prevent these issues from happening to you, it is best to choose long-established units with proper business licenses. For example, the top 30 reputable bookmakers that Vaobo88 has previously evaluated in detail all meet those important criteria.
Reasons Why Online Gamblers Always Lose
If you have chosen reputable casinos, then why do you keep losing and end up empty-handed? Here are some reasons that will make you wake up and reflect on yourself.
Gambling is a form of risky investment
As we analyzed above, the winning rate is much lower than the chance of winning. There are types of bets that rely on the intelligence and experience of the player. In addition, there are many betting products that mostly depend on luck to achieve victory. However, regardless of the type, the reliance on luck is still much higher. No matter how skilled you are at playing cards, if you are dealt a “bad” hand, you just have to “accept” it.
The mentality of winning leads to greed, but losing leads to chasing
Be honest! Are you the type of bettor like that? There is an old saying: “Greed leads to loss,” which is not wrong. If you are on a winning streak and do not know when to stop, continuously betting larger amounts, then surely, even if luck is on your side, there will come a time when you will lose. Then what happens when you lose? You try to “recover,” right? But the more you try to recover, the more you lose; when you lose, you borrow money to recover, and then when you win, you want to win more until you end up empty-handed. This vicious cycle keeps repeating without an end, causing you to fall into the same mistakes as many other players.
Tempted by fraudulent advertisements
As you know, many new brands that have not yet established a stable player base must launch many attractive promotional programs to attract gamblers. Many people do not even know if this site is reputable or not? Whether it has been operating for a long time or not, they think it is a good opportunity and invest money to play. Losing is not a big deal, but when they win, they do not share the money, and suddenly their accounts are deducted for irrelevant items, only then do they realize they have been scammed. Therefore, besides the attractive promotional events, you should also refer to more information to find out the origin and operating license of this casino. After that, trusting it and investing money is not too late.
Online gambling always loses due to fraud
The next reason why online gamblers often lose is that the bookmakers use tricks to manipulate the results. The commands are programmed and set up so that the odds of winning and losing are known in advance and can be controlled. Furthermore, they can adjust how much the house wins or loses at will, which players cannot know.
This does not ensure fairness or randomness as the house advertises. The betting rounds that players win are a way to attract more players. Therefore, many people leave the house where they always lose. ? This is also the reason why Vaobo88 always reminds players to CHOOSE RELIABLE BOOKMAKERS. Even if you accidentally sit at the same betting table with dishonest opponents, you can easily be subjected to their tools or hacks that create unfairness. Refer to the section cheating in gambling so you can be much more confident due to the experience of being cautious against foul play.
So how to play casino to win easily?
Summarizing all the above issues, we can conclude that gambling is a discipline: ✔️ Based on luck. ✔️ More people lose than win. ✔️ Losing money is more common than making money. ✔️ It is difficult to get rich from this form. ✔️ Taking money from losers to pay winners. ✔️ The bookmakers earn a lot of money from players. ✔️ …
So how to become one of the few who can make money from gambling? Below are some suggestions you should consider.
1. Choose a reputable bookmaker to play
Don’t decide to deposit money to bet on any gambling site just because of attractive betting odds or promotional events offering free money,… You need to spend more time researching them, their origins, and the scale of their community development before investing money.
2. Accumulate experience
Before wanting to steer a big ship, you need to learn how to “row a boat.” You need to learn from those who came before, understand the rules of the game,… to increase your knowledge. At the same time, you should only invest in games where you have strengths instead of trying out new games. Remember, gambling is not just for entertainment; making money is the biggest goal.
3. Set a win/loss limit before betting
To avoid going broke, you need to set a maximum win and loss limit for yourself. When you reach that milestone, no matter what, you must stop playing immediately. This method helps you avoid falling into the cycle that millions of gamblers are trapped in and supports you in quickly becoming wealthy with this discipline.
4. Don’t follow the crowd
To prevent many speculators from influencing the outcome of the betting round, it is best not to listen to anyone’s advice and not to bet according to the majority. Play according to your own opinions, experiences, and perspectives to achieve the best results for yourself.
5. Stay relaxed
Don’t see this as the only way to make money. This mindset will help keep your mentality more relaxed and less pressured. When your body is truly alert and confident, your chances of winning will definitely be much higher.
Conclusion
The above is Vaobo88’s perspective on the issue of why the house always wins and gamblers always lose. What do you think about this issue? Please comment in the chat box below so everyone can know. Everyone is invited to see great quotes about gambling, a list of very impactful quotes about gambling that players should read. See you in the next article.