Do Casinos Lose Money?
The Myth of the Invincible CasinoDebunking the Notion that Casinos Always WinWhen you think of a casino, you might imagine a place where money flows endlessly, with the house always coming out on top. While it is true that casinos are designed to make a profit, the idea that they never lose money is nothing more than a myth. In reality, casinos are vulnerable to various factors that can lead to financial losses.The House Edge and ProbabilityAn Advantage, Not a GuaranteeOne of the key factors that allow casinos to make money is the house edge. Every game in a casino…