"The house always wins."

infonazar

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  • #1
We all know and understand that this is true.
But at the same time, we know that there are players who know how to make money.
What do you think is the most important factor, or foundation, that allows professional players to get paid for their work?
 
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  • #2
I think there are very few long term winners in casino games, poker is really the only game where you can be a long term winner and the casino will let you keep playing.
 
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  • #3
I think that the key to obtaining great benefits lies in the large amount of money and time they invest in neutralizing the variance, in addition to the obvious skill based on their studies and quality of play.
 
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  • #4
In pure casino games there are no long term winners because the math is always in favor of the house. Over time the built in edge makes it very difficult for any player to stay consistently profitable.

Professional players usually focus on games where skill plays a bigger role, like poker. In those formats the most important foundations tend to be discipline, good bankroll management and the ability to make better decisions than the field.

So while the house always wins in the long run in casino games, skill based environments are where players can actually create an edge.
 
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  • #5
When it comes to professionals, I think we should first and foremost look at professional poker or blackjack players. These are players who have enough experience, skills and knowledge to turn them into a source of income. As for slots, roulette or other casino games, I think those who know how to make the most of various promotions or bonuses may have an advantage.
 
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  • #6
In short, professional players are paid because their technical performance is converted into products (games, marketing, image rights) that generate significant revenue in the sports entertainment market.
 
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  • #7
I think professional players have the knowledge and financial resources that, taken together, provide them with a basis for earning in this field.
 
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  • #8
infonazar said:
We all know and understand that this is true.
But at the same time, we know that there are players who know how to make money.
What do you think is the most important factor, or foundation, that allows professional players to get paid for their work?
Money attracts money. If you are financially secure and don’t have to worry about tomorrow, next year or the next ten years, your mindset will be completely different. Players like that can afford to take quite a few risks.
 
seventluck

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  • #9
What do you mean here. the dealer in baccarat or the overall bookmaker. Casino owner
 
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  • #10
seventluck said:
What do you mean here. the dealer in baccarat or the overall bookmaker. Casino owner
I think professional players can make money at poker, at betting, and maybe, although there are big doubts, at blackjack. Everything else, slots, roulette, other games are equipment for ordinary players who are willing to pay for entertainment. I think the best professionals are actually those who own such businesses.
 
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  • #11
Most of the pro players have enoght founds to keep
Playing, when they bad beat, they can keep playing
Until win again.
 
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  • #12
professional gambling must be a horrible way to make aliving however....what doyou do if you miss your draw and the mortgage is due....

margins also mustbe incredibly slim....
 
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  • #13
not to mention the hours needed for it to be profitable....and the resulting boredom...
 
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  • #14
The term i personally think is true for casino (live and online) is true, however id be living proof you can make a profit playing online poker. However the one thing you can do is sports wagering… again living proof on this one where it’s been my full time job (commitment) for about the last 12 years. The key is bankroll management and well obviously picking winners… personally I find it 10,000 easier now with all the prop betting available. I personally think this give you the edge if you are disciplined, have a solid bankroll and Management of that bankroll. I only need to be right once to win, the house needs to be right a lot of times with my bankroll management system to win. It’s not fool proof but I’ve never had a losing month… I’ve had losing day and losing weeks but my bankroll management and now bankroll allow me a lot bullets to fire.

My problem is keeping up with sports books… I’ve been banned from many.
 
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  • #15
infonazar said:
We all know and understand that this is true.
But at the same time, we know that there are players who know how to make money.
What do you think is the most important factor, or foundation, that allows professional players to get paid for their work?
In my view, there are several key factors that make a professional a professional.
Mathematical expectation.
Bankroll management.
Emotional control.
Continuous learning.
If you want to grow and become more professional, focus on these four factors.
 
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  • #16
Mishka nailed it: mathematical expectation, Bankroll management, Emotional control, and continuous learning.
That eliminates most games in a casino, but many play blackjack or craps and consistently win money, folks who make a living off the casino
They are few and far between, but they do exist. But the house always wins, no matter how many people win money.
Can you imagine how much money is spent on insurance, machines, chairs, repairs, employees, electricity, cards, dice, chips, liquor, glasses, etc?
And they make millions over that
 
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  • #17
They have a deep knowledge and understanding of the games they play. They have studied the rules, strategies, and tactics of each game, as well as the basic mathematical concepts associated with casinos. This allows them to make more informed decisions and anticipate possible outcomes.
 
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  • #18
It’s obvious how professional poker players make their money. There’s also plenty of information out there on how professional bettors make their money. As for other casino games, I don’t think there are any players who actually make money from them.
 
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  • #19
I think the most important factor is free time and financial resources. If you don't have to worry about money, then you can devote yourself to gambling, or art, or your favorite hobby and you will certainly have a better chance of achieving success than anyone else.
 
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  • #20
I don't know anyone who makes money playing in a casino. Speaking of poker, yes, you can make money in poker. But I don't think you can do it in a casino, especially in the long run.
 
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  • #21
poker, you must be intelligent and lucky
slots, if you are up, thats the time to get off the machine.
roulette, good luck,
 
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  • #22
In poker, the player makes the difference, but in casino games, without a doubt, "the house always wins".
 
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  • #23
probably they play against other players and not the house :)
 
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  • #24
infonazar said:
We all know and understand that this is true.
But at the same time, we know that there are players who know how to make money.
What do you think is the most important factor, or foundation, that allows professional players to get paid for their work?
I think the most important thing is money. If you have it, you can do any activity and even pretend that that activity brings you money. I think a significant part of the "professionals" are not so much professionals as just people with a lot of money :)
 
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  • #25
Today this sentence made sense. I had 25 dollars that could only be redeemed as a casino bonus. I didn't do much with it, it all went into the trash very quickly. You're welcome, 888 casino, spend it on medicine!
 
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