RTP and probability of winning: Why you can’t always win at a casino

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Every player who has ever played at a land-based or virtual casino has probably wondered if you can always win. Is there a secret to constant winnings? Unfortunately not, and there is a mathematical explanation for this. And it is always correct, whether you play at casinos. You can learn more about this from my post.

Mathematical principles & gambling

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To be honest, any win in online gambling clubs is already a win. And here it is worth stopping at the principle of operation of online casinos. Everything is very transparent here. In each slot or table game there is a mathematical model and its most important parameter RTP (Return to Player) – the percentage of return to the player. On average, the RTP payout rate is 95%. This explains why the casino uses bets of X 40 or more. Everything here is based on clear mathematical principles! If the casino controlled the winnings on each account, then why would they apply all these RTP payout rates, bets, etc.?

From the above it follows that if we make a profit and continue playing, the probability of further winnings decreases significantly. Although some argue that each subsequent spin is an independent part of the mathematical chain, it is difficult to agree with this. And even if you do not pay attention to the little things, how and what you play, and even if the gambling site works – completely honestly and transparently, with arbitrary winnings – you will play at a disadvantage! Therefore, the game in the casino, soberly speaking, should serve only as entertainment and for any exciting leisure activity must be paid. Mathematics always wins. You can philosophize about this for hours, but it is worth simply understanding that it is very likely that you will lose your money when playing in a casino.

In most cases, players are well aware of this. So don’t write that the casinos are just out to cheat, manipulate certain accounts and steal your money. Understand that there is no need for deception or fraud here, because the audience itself chooses the excitement and entertainment and gives their money. Therefore, the real formula looks like this: playing casino = losing money. Do not think that if you lose, it is enough to deposit a small amount and you will get it back. It doesn’t work like that. Maybe you will be lucky occasionally, but you will still lose.

It’s All About Pure Chance

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It is very difficult to find certain patterns that determine payouts in games. There is even certainty that the casino works purely randomly and there are no pitfalls in nature. But our brain is not ready to perceive the obvious things. You can lose a lot of money, feel very bad and after a while win a lot. Everything is difficult with slot machines, but some try to cheat games like blackjack or roulette; they develop their own strategies and trust in their correctness. Such traders almost always lose their money, but they want to convince everyone of the strength of their system.

Most likely, most casinos work on the basis of some sophisticated algorithms. Otherwise, it would be impossible to play plus at all. Because according to the theory of probability, users would always suffer losses.

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