The house always wins

[casique31]

This is law or is there someone who can say otherwise

I heard that phrase in some movies and I was worried to know if someone is capable of refuting such a bitter truth

 

[elizeuof]

Taking poker as an example you always pay a part of the money you spend to maintain the house, it is the rake, whether playing tournament or cashgame the house will take a part, it is fair to keep the service functional.

 

[Cooking]

In poker this is true in every hand because we always have to pay the rake in each hand or in the buy in of the tournaments.

 

[hugh blair]

While yes in the long run and majority of games house is always +EV but it does have staff and many other costs too.
The house does not always win as sometimes the house is very generous to players by providing freerolls and some tournaments do not meet the guarantee and the house covers the overlay.
Also a third thing there is a huge list of failed sites that never made it small example here in the link below clearly they did not win.
https://www.pokersites.com/defunct

 

[CSLysander]

A good casino will know how to blend profit and accessibility. The places that can do that are winners, but not in the sense they are winning every bet or such. It is about their ability to make the owners money and keep the hard core gamblers happy.

 

[KozakAlex]

Not always. This is refuted by the reality of poker.

 

[COMIRRR]

The house does not always win but it wins more than the players, this is clear otherwise it would not exist.

 

[theRaven68]

if the house does not win then it will inevitably fail

 

[deputat777]

This is law or is there someone who can say otherwise

I heard that phrase in some movies and I was worried to know if someone is capable of refuting such a bitter truth

The room is always in the black, in any situation.

 

[1nsomn1a]

If it was not profitable, then no one would be engaged in organizing games for gambling enthusiasts, even if the room declared itself bankrupt, this does not mean that the founders were left completely without profit.

 

[andrezito38]

there is a great structure to be maintained, what is the logic of the company not having financial return?
there is no philanthropy in games, it's just my opinion.

 

[casique31]

The publication is strictly informal, it is a fact taken from a movie. I'm sure the house always wins, but some will tell the story of a crazy night where they beat the casino and broke the bank, as it is commonly said.

 

[ronruslan]

you can win at the micro limits but at the big limits this is already a rarity

 

[INISHTE]

Hi friend.

According to what I have been told, at the lower limit or micro-limit tables the commission is higher and it is precisely where more people are concentrated in the game, so yes, it is true.

 

[YenRodriguez]

I think there must be a balance.
but yes, the house always wins.
one day you win a lot and the other you can't win even with color because badbeats take over your game

 

[Recreationalplayer]

you are playing against other players in poker.. The house makes money by way of rake.. So it does take a share of your profit..

 

[daniel888]

I think the house always makes a profit from their games but they also need good management with promotions, rakeback ... to attract players.

 

[Zorba]

This is law or is there someone who can say otherwise

I heard that phrase in some movies and I was worried to know if someone is capable of refuting such a bitter truth

If the house didn't always win, there would be no house.

:top:

 

[dontcare]

which is why im taking dealer classes

 

[GRIN281289]

I think that there is, probably, no one would be engaged if it did not bring income.

 

[CheezeWiz]

Yes, Unless They Are Mismanaged...

I think the phrase "The House Always Wins" is more associated with slots and Table Games... of course the odds are in their favor, or as have many have said, if the odds were not in their favor, there would be no house! That of course does not mean that someone cannot win on occasion, just that over a large sample size, The House Will Win!

But when it comes to poker, yes there is overhead that has to be covered in providing a game, so that translates into the "Rake"... but unlike slots and table games, there is a skill factor involved. So no, the house does not always win against an individual poker player, it just depends on whether your skill is good enough to beat the rake.

The House (ie - The poker room / site) can also lose by being mismanaged in terms of guarantees offered in games or by owners not running a financially responsible business, or worse, pilfering players deposits...

Best of Luck At The Tables, All!

Teddy

 

[Debi]

That is more commonly stated when referring to other casino games where you are playing against the house.

In poker you are competing against other players - not the casino. They make their money off the rake so whether you win or lose does not impact the house winning or losing.

 

[Hsac]

This is law or is there someone who can say otherwise

I heard that phrase in some movies and I was worried to know if someone is capable of refuting such a bitter truth

Yes, I would almost consider that statement to be an axiom though some poker players seem to almost always win, in the long run, as well. I've read that 95% of players are losers. I suspect it's because of poor money management and getting in over their heads when trying to make a comeback.

 

[takinitSLEAZEE]

Not really sure about the house but in poker the big-stack wins... Mostly.

 

[Phoenix Wright]

Debi said it well; this expression is talking about games with the player against the casino ("house"). Poker is against other players; for the casino to make money from poker, they take a percentage of each pot in cash games (called "rake) and a percentage of the buy-ins for tournaments. Since other casino games are "rigged" to give the house an edge (roulette or Slots come to mind), long-term the casino should make a profit on these games. Of course, a casino going bankrupt isn't unheard of, but it is unlikely when the games essentially give them a stream of consistent money. As long as the casino can keep costs down and keep people coming through those doors and playing games, then they should make a profit.

If you want a laugh about the "scary" element of rake. Check out this comical video xD