766
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 08 Sep 2023
766 points (98.1% liked)
Memes
45657 readers
751 users here now
Rules:
- Be civil and nice.
- 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
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.
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.
The casinos I've been to have had free drinks, snacks, and entry