0% of us pay more than one quarter of their income on the gamble. 0% of us pay more than $1.75 million on a single stake. 0% of us pay $2.5 million on each of two stakes. In other words, there are 0% of us who earn more than $8.5 billion from the game of roulette!
Roughly a third of people who win at roulette can’t even tell you which side of a casino is “A” or “B” – if they even know what’s good in the first place. For this reason, the game gets called the “game of luck”.
As well as gambling on winning a casino, casinos allow you to win even more – money so big that you can spend it all in one go and never come close to being unable to spend it (just imagine if you had more than $5 million on you!), or spend it all on one gamble or two, to win even more money than you had already.
So casinos don’t “make money” – they “earn” money – by gambling on the outcome of their customers. They earn it by paying out at least some of them more money than they paid them at the start of the business. And to keep from losing, they must keep putting their customers on roulette so that they will keep coming back for more, over and over again.
Why roulette works
As gambling is just one part of casino management, one of the most basic questions you can ask about casinos is “are gambling and casino management the same thing?”, and many people will reply that indeed these two activities are not the same thing.
This statement is not so much incorrect as it is just a rather strange thing to say with regards to gambling. Most people would probably agree that gambling is one of the two main attractions of casinos as compared to other attractions. It’s not just that gambling is an activity involving risk, but that a casino is a gambling facility, as they have to pay all the players who actually play their game – at the same time and in the same place.
They therefore have to charge a lot of money to do this. In other words, casinos earn money by giving their customers the chance to win the most money possible, and gambling is part of this – although not in the same way as being at them.
If you think these two activities are the same thing, then you may be confused a bit by the
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