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A comment on Who Thought Putting a Casino in Everyone’s Pocket Was a Good Idea?. Parent comment

Re:Who Thought Putting a Casino in Everyone’s Pocket Was a G... by pessimizer on Monday October 10, 2022 @01:07PM (#33153904)
It's impossible for a casino to be "fair" over the long term, because it has deeper pockets than individual gamblers. Even a gambler with a positive expectation (which is not something that is easy, fun or usually even possible to do in a casino game), over time will have increasingly wider swings of fate (i.e. the most they've ever lost or won will always increase), and one will bankrupt them.
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Re:Who Thought Putting a Casino in Everyone’s Pocket Was a G... by vasco on Monday October 10, 2022 @01:11PM (#33153938)
Fair in this context does not mean the customer can get a positive outcome over time unless they are very lucky and never return. Fair just means you get what is advertised. If a willing adult knows the casino is a losing proposition most of the time but feels "they are lucky", by all means.
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Re:Who Thought Putting a Casino in Everyone’s Pocket Was a G... by alalv on Monday October 10, 2022 @06:45PM (#33157293)
This is what intuition tells me as well, but it is not true. If a gambler has positive expectation of wining, even if you have gamblers playing until either broke or dead, the expectation is for the casino to lose money.
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