However, in all probability (pun intended) they would just be sharpening their chances. People might try to find ways to beat the casino - and sometime they appear to succeed. In the medium to long term however, this mathematical formula ensures that the odds calculated will always favour the house. These fixed odds are meant to reflect the probability of a WIN vs a LOSS.
Every single game has its winning odds fixed and hard-coded within the software. How Casinos earn their money through fixed odds games is a strictly fixed mathematical way.
At this point in time, this ”study” of sorts has yielded 3 principle methods:
Throughout the years, Gaming Companies, be it Casinos or more recently, Sportsbooks, have endeavoured to find multiple ways to make profit. The Gaming Operations’ Honey Pot: The 3 lucrative ways Gambling Companies make Money
