Profitable Casino Spiele - Tipps & Übersicht CasinoTest.de

Top 10 Profitable Casino Games on 2021

Top 10 Profitable Casino Games on 2021 submitted by Tiredfoxcom to Casino_Slots [link] [comments]

After a hard-fought ballot referendum, Quark restored and re-opened the ancient Trump Taj Mahal Casino in Atlantic City in 2382 and within five years it was the most profitable casino in the Federation.

submitted by AmbassadorWorf to UnitedFederation [link] [comments]

[Politics] - All bets are off: State’s most profitable casino to shut down due to coronavirus | Chicago Sun-Times

[Politics] - All bets are off: State’s most profitable casino to shut down due to coronavirus | Chicago Sun-Times submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

[Politics] - All bets are off: State’s most profitable casino to shut down due to coronavirus

[Politics] - All bets are off: State’s most profitable casino to shut down due to coronavirus submitted by AutoNewsAdmin to CHICAGOSUNauto [link] [comments]

Free Money: The Surprising Effects of a Basic Income Supplied by Government - Thanks to a profitable casino, an Indian tribe gives its members sizeable cash payments.

Free Money: The Surprising Effects of a Basic Income Supplied by Government - Thanks to a profitable casino, an Indian tribe gives its members sizeable cash payments. submitted by speckz to TrueReddit [link] [comments]

Crazy idea: non-profit casino

I have an idea for a casino, just like a regular one, except all of the games have an even 100% RTP. For instance, Roulette has no zeroes making it an even 1/36th chance for a 36x payout. The way the casino actually makes money is from drinks and food, entertainment etc. It might not have a revenue stream from the games but everybody will want to play that it would make-up for that in the resort costs. I just want everybody to have a fun time. Everyone breaks even - the house included.
submitted by b_buster118 to gambling [link] [comments]

The Most Profitable Casinos Game

The Most Profitable Casinos Game submitted by danbit99org to u/danbit99org [link] [comments]

Profitable Casinos Game

Profitable Casinos Game submitted by danbit99org to u/danbit99org [link] [comments]

Mega Moolah is the most profitable casino ever!

I read a lot about big winnings in Mega Moolah casino (this guy won $ 3 millions, that guy won $ 5 millions), but I never thought to try it myself... and... I tried it last tuesday. Well, on Tuesday I won $ 517, on Wednesday I won another $ 348 and by next Monday I had my money in my account. I played here. It is a legit casino, pay no attention to all the negative comments They are one of the best.
submitted by eugene_russel to casino8 [link] [comments]

Most Profitable Casino Games

Play online casino games no deposit required!
Everybody needs to know where the cash is or, in the iGaming scene, which online club recreations will eventually give you the greatest wad of batter. Is it table recreations or online openings? Is there such a mind-bending concept as ‘be­ata­ble­’ club diversions? Would you be able to truly rely on recreations having ‘the least house edge’?
Free online casino games no deposit bonuses!
Or then again is the appropriate response not that basic by any stretch of the imagination? That is precisely what we’re investigating today, thus, on the off chance that you’ve at any point pondered anything thusly, stick around for a bit – you may simply discover some things valuable!
Play free online casino games no download required!
submitted by danbit99org to u/danbit99org [link] [comments]

Building a Profitable Casino with 0% House Edge

Building a Profitable Casino with 0% House Edge submitted by JoeyUrgz to ethereum [link] [comments]

Free Money: The Surprising Effects of a Basic Income Supplied by Government - Thanks to a profitable casino, an Indian tribe gives its members sizeable cash payments.

Free Money: The Surprising Effects of a Basic Income Supplied by Government - Thanks to a profitable casino, an Indian tribe gives its members sizeable cash payments. submitted by MarshallBrain to ConcentrationOfWealth [link] [comments]

Free Money: The Surprising Effects of a Basic Income Supplied by Government - Thanks to a profitable casino, an Indian tribe gives its members sizeable cash payments.

Free Money: The Surprising Effects of a Basic Income Supplied by Government - Thanks to a profitable casino, an Indian tribe gives its members sizeable cash payments. submitted by MarshallBrain to MarshallBrain [link] [comments]

Free Money: The Surprising Effects of a Basic Income Supplied by Government - Thanks to a profitable casino, an Indian tribe gives its members sizeable cash payments.

This is the best tl;dr I could make, original reduced by 94%. (I'm a bot)
In September, Silicon Valley congressperson Ro Khanna introduced a bill calling for a $1.4 trillion expansion of the earned income tax credit, which would effectively create a small basic income for low-income working people via tax credits.
As the richest people in America fixate on how to give money to the poorest, the Cherokee program is a case study of whether a basic income is in fact a practical proposal for alleviating economic inequality or just another oversimplified, undercooked Silicon Valley fix to one of the most intractable problems our society faces.
One fear about basic income is that people will be content living on their subsidies and stop working.
Costello has been at the center of the research showing the effects of the casino payments, but during all the time in Qualla Boundary she says she had never even heard the term basic income.
Tesla's Elon Musk has warned about the rise of the robots, arguing at the World Government Summit earlier this year that a basic income is "Going to be necessary." And when Mark Zuckerberg delivered his commencement speech at Harvard in May, he advocated for a basic income, saying it would provide people with "a cushion to try new ideas."
Still, if anything is to be learned from the Cherokee experiment, it's this: To imagine that a basic income, or something like it, would suddenly satisfy the disillusioned, out-of-work Rust Belt worker is as wrongheaded as imagining it would do no good at all, or drive people to stop working.
Summary Source | FAQ | Feedback | Top keywords: income#1 basic#2 casino#3 Cherokee#4 work#5
Post found in /TrueReddit, /Foodforthought, /Economics, /economy, /JustGoodNews, /news, /LateStages, /Wired_Articles, /politics, /DamnInteresting, /Futurology, /UniversalBasicIncome, /BasicIncome, /UpliftingNews, /Political_Revolution and /inthenews.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

5 Most Profitable Casino Sign Up Methods – Stay Away From No Deposit Bonus

submitted by JoshaGEM to MatchedBettingUK [link] [comments]

6 profitable casinos in one city including Sleek and Sci-Fi.

The only casino that appears to not make any money is the Elegant Casino. Here is an album of the casinos and other city data.
http://imgur.com/a/vTMX8
Regular tourist attractions are profitable too. Willis Tower averages around 80k. Empire state is generally around 60k and Statue of Liberty does 100k a day.
*derp: actually 7 casinos
submitted by littleredrex to SimCity [link] [comments]

Charitable, non-profit casinos

Online or brick & mortar. Players keep winnings. Loses go to affiliated (real) charities. House always wins, as with every casino, ergo the charities always win.
submitted by meerkat2 to CrazyIdeas [link] [comments]

The next Detroit: The catastrophic collapse of Atlantic City

With the closure of almost half of Atlantic City's casinos, Newark set to vote on gambling and casinos or racinos in almost every state, it seems as if the reasons for the very existence of Atlantic City are in serious jeopardy.
Israel Joffe
Atlantic City, once a major vacation spot during the roaring 20s and 1930s, as seen on HBOs Boardwalk Empire, collapsed when cheap air fare became the norm and people had no reason to head to the many beach town resorts on the East Coast. Within a few decades, the city, known for being an ‘oasis of sin’ during the prohibition era, fell into serious decline and dilapidation.
New Jersey officials felt the only way to bring Atlantic City back from the brink of disaster would be to legalize gambling. Atlantic City’s first casino, Resorts, first opened its doors in 1978. People stood shoulder to shoulder, packed into the hotel as gambling officially made its way to the East Coast. Folks in the East Coast didn't have to make a special trip all the way to Vegas in order to enjoy some craps, slots, roulette and more.
As time wore on, Atlantic City became the premier gambling spots in the country.
While detractors felt that the area still remained poor and dilapidated, officials were quick to point out that the casinos didn't bring the mass gentrification to Atlantic City as much as they hoped but the billions of dollars in revenue and thousands of jobs for the surrounding communities was well worth it.
Atlantic City developed a reputation as more of a short-stay ‘day-cation’ type of place, yet managed to stand firm against the 'adult playground' and 'entertainment capital of the world' Las Vegas.
Through-out the 1980s, Atlantic City would become an integral part of American pop culture as a place for east coast residents to gamble, watch boxing, wrestling, concerts and other sporting events.
However in the late 1980s, a landmark ruling considered Native-American reservations to be sovereign entities not bound by state law. It was the first potential threat to the iron grip Atlantic City and Vegas had on the gambling and entertainment industry.
Huge 'mega casinos' were built on reservations that rivaled Atlantic City and Vegas. In turn, Vegas built even more impressive casinos.
Atlantic City, in an attempt to make the city more appealing to the ‘big whale’ millionaire and billionaire gamblers, and in effort to move away from its ‘seedy’ reputation, built the luxurious Borgata casino in 2003. Harrah’s created a billion dollar extension and other casinos in the area went through serious renovations and re-branded themselves.
It seemed as if the bite that the Native American casinos took out of AC and Vegas’ profits was negligible and that the dominance of those two cities in the world of gambling would remain unchallenged.
Then Macau, formally a colony of Portugal, was handed back to the Chinese in 1999. The gambling industry there had been operated under a government-issued monopoly license by Stanley Ho's Sociedade de Turismo e Diversões de Macau. The monopoly was ended in 2002 and several casino owners from Las Vegas attempted to enter the market.
Under the one country, two systems policy, the territory remained virtually unchanged aside from mega casinos popping up everywhere. All the rich ‘whales’ from the far east had no reason anymore to go to the United States to spend their money.
Then came the biggest threat.
As revenue from dog and horse racing tracks around the United States dried up, government officials needed a way to bring back jobs and revitalize the surrounding communities. Slot machines in race tracks started in Iowa in 1994 but took off in 2004 when Pennsylvania introduced ‘Racinos’ in an effort to reduce property taxes for the state and to help depressed areas bounce back.
As of 2013, racinos were legal in ten states: Delaware, Louisiana, Maine, New Mexico, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, and West Virginia with more expected in 2015.
Tracks like Delaware Park and West Virginia's Mountaineer Park, once considered places where local degenerates bet on broken-down nags in claiming races, are now among the wealthiest tracks around, with the best races.
The famous Aqueduct race track in Queens, NY, once facing an uncertain future, now possesses the most profitable casino in the United States.
From June 2012 to June 2013, Aqueduct matched a quarter of Atlantic City's total gaming revenue from its dozen casinos: $729.2 million compared with A.C.'s $2.9 billion. It has taken an estimated 15 percent hit on New Jersey casino revenue and climbing.
And it isn't just Aqueduct that's taking business away from them. Atlantic City's closest major city, Philadelphia, only 35-40 minutes away, and one of the largest cities in America, now has a casino that has contributed heavily to the decline in gamers visiting the area.
New Jersey is the third state in the U.S. to have authorized internet gambling. However, these online casinos are owned and controlled by Atlantic City casinos in an effort to boost profits in the face of fierce competition.
California, Hawaii, Illinois, Iowa, Massachusetts, Mississippi, Pennsylvania and Texas are hoping to join Delaware, Nevada, New Jersey and the U.S. Virgin Islands in offering online gambling to their residents.
With this in mind, it seems the very niche that Atlantic City once offered as a gambling and entertainment hub for east coast residents is heading toward the dustbin of history.
Time will tell if this city will end up like Detroit. However, the fact that they are losing their biggest industry to major competition, much like Detroit did, with depressed housing, casinos bankrupting/closing and businesses fleeing , it all makes Atlantic City’s fate seem eerily similar.
submitted by IsraelJoffeusa to u/IsraelJoffeusa [link] [comments]

Hey gamblers! I am conducting research on casino's, and need your help!

My research is for a school project, where our goal is to create a business plan for the most profitable casino. If you've ever been to a casino, you would greatly help us out if you took a minute and filled in the following survey: https://forms.gle/JAJxkUXfhe2hZwd48
Thanks!
submitted by MervinVB to gambling [link] [comments]

Will Seed Dialogue

If you listen in on the Will Seed chambers, you might be able to hear the palace rulers saying some things. Well, I took a few hours listening in as best as I could to compile them together. I won't take credit for doing this alone as I did reference Faz's video of them on YouTube to catch some of the parts I couldn't. That said I did miss a couple parts, but hey, I tried. I will be using the palace names, not the Ruler's names. That said, these may be counted as spoilers, so please play P5R fully before going through all of these.
Castle of Lust: "Takamaki... creepy laugh" "Wooow... shake it for me Suzui." "creepy laugh yes... yes." "God she's such a hottie..." "I'm the king around here, no one can stop me..." "Ooh, I'll make sure to punish you good..." "Just get your ass over here already." "Hey, I like whatchu got there..." "I'm the only man who's getting it on with ???" "No one gets away from me."
Museum of Vanity: "It doesn't matter WHO painted it, all that matters is who unveiled it to the world!" "The art world is filled with nothing but absolute fools of society." "Every lie told long enough will eventually become a fact, no matter how long you must wait." "Those who pass with prying eyes are plucked before they become a real problem." "A good pupil devotes their whole being to their master." "I raised each of my disciples on my own, they are merely more examples of my master craft." "If my name didn't grace that painting, it'd be absolutely worthless!" "Every work I've produced is an genuine masterpiece!" "You don't have what it takes to distinguish imagery from the real image!" "Who's to say whether or not it's protected?"
Bank of Gluttony: "Gimme your money!" "What do I care about the poor in this case? They can't feel the same." "There's nothing money can't buy." "Money is power!" "You don't need smarts if you've got the dough." "Money... is life." "In the end, every solution in the world comes down to cold, hard, cash." "The whole world runs on money, right?" "You can't trick anyone into hiding while you're ugly." "Man... I just want your money and some cash."
Pyramid of Wrath: "I'm such a bad person..." "I'm so sorry... I'm so scared..." "Just... stop...!" "This never would have happened if I hadn't been so selfish..." "Why mom... cries" "I'm sorry..." "Why... why...?" "No... I don't want to hear it...!" "Help me...!" "It's all my fault..."
Spaceport of Greed: "You have been chosen as one of my stepping stones, be gracious." "If you are incompetent, work three times as hard. If you are competent, work three times as hard anyway." "If you can't work, you're gone. There's no need for useless people in this company." "No time for breaks, get to work!" "There is always more work to be done, so get to it!" "All creation exists for my own whim." "Work faster, faster!" "You should be thanking me for giving someone like you a job!" "Every part of this company is my property, including my employees." "Improve quality, increase quantity; do not even approach the profits."
Casino of Jealousy: "Without success, there is no point to anything." "You only get one shot. Once you lose, it's all over." "The victor gets the final word. The only thing the loser contributes is pathetic excuses." "I won't let you spoil my win streak." "I am the ultimate champion; I am success incarnate." "The only thing that matters in the end is securing my victory." "There is no future for losers." "Say whatever you like, I'm the one who will come out on top." "No one can change the system in my mind set to exploit losers." "For success, I'll do anything that I have to."
Cruiser of Pride: "I trust no one but myself." "Who would have guessed the incompetence of others is all it takes to surge the polls." "Now, who to erase next..." "Only those who support my methods deserve my guidance." "The enemy is coming, from more ways than one." "First, I'll conquer this nation. Then, I'll conquer the world." "The only thing you have to do is follow my orders." "I don't need a whole range of troops as long as the ones I have are useful." "There are still numerous additional ways to capitalize on cognitive psience." "That research woman's death was way too unfortunate, I mean-"
Laboratory of Sorrow: "What can I do to make you understand?" "Rumi, I..." "What's wrong with an alternate reality if everyone gets what they desire from it?" "Why... why can't we come to an agreement?" ("Why...? Why can't I make it work...?!") "I'm so close... just a little further." "Just a little more, and everything will be okay." "I'll never let another tragedy like that, ever happen again. "I will lead them all..." "What do I have to do to change the world...?" "This harsh world is going to be fixed, and everyone will finally be happy." "No matter what I have to deal with... I will reach my goal."
Edits: Thank you for pointing out my grammatical errors, I didn't see them when I was writing them.
submitted by MGVoltage to Persona5 [link] [comments]

How should I do the casino heist and what’s more profitable

So I’m taking the aggressive approach planning on entering through the sewers and leaving through the staff lobby. I’ve done all the setup and preps including optional ones. Should I only choose to do it with one other good player, or three more good players. If I do it with only one other I guess it would be less to share, but more work for each of us. With a full crew it could be easier and we might be able to hold even more money, but there ends up being more to share. So what’s the better option.
submitted by Freddycipher to gtaonline [link] [comments]

Ultimate Gambling Guide for GTA Online - odds, probabilities, and optimal strategies

Since the Diamond Casino update, I have seen a large number of 12-year-olds posting Blackjack memes on this sub. As a parent, this has me very worried.
On top of that, I have seen some of the most trustworthy GTA Youtubers giving flawed gambling advice, which can have damaging impact on their gullible audiences.
So that's why I decided to write this up, to educate everyone on the subject, so there will be no more misunderstandings.
(2020 Update down at the bottom.)
If you're one of those Youtubers that wants to use this information in a video, feel free to do so. The more people (especially kids) that become educated about gambling, the better.
But then also please go back and review your own work, and delete or edit the videos that are giving out the wrong advice, like where you're saying you have "a good strategy for making money with roulette", or some other nonsense that I've heard this week. Delete that please.
Before I get into the individual games, I need to discuss a few concepts first, that will make understanding the rest a lot easier.

Expected return and variance
A game like Roulette or Slots has a fixed expected return on your bets. This is a percentage that you have no way of influencing. Say you are flipping a coin against a friend, and you both put up $1. The winner gets the pot. Since the odds are even at 50%, in the long run, you will expect to break even. Your expected return is 100% of your bet.
But imagine if you would play this coin flipping game in a casino against the house. On the "house rules" listed at the table they would probably say that you would only get 95 cents back for every win, while you are forfeiting a dollar on every loss. Would you still play?
Sounds stupid to do so, but still, everybody does it. Every bet they place on Roulette, every coin they put into a Slot machine, is based on the same concept.
Those few cents they take on every bet are their profit margin, and has paid for all the Vegas lights, the Mirage volcanoes, and the Bellagio fountains. Make no mistake - casino gambling games are not designed to make you lose, because sure, you can get lucky on a single night, but they are designed to make them win. That's the beauty of it. They can both exist at the same time.
Too many people that don't see how this works, are just destined for disaster. Just because you went on a lucky streak and won 8 games out of 10, does not mean that flipping coins is a profitable game, or that choosing tails is a winning strategy. Always be aware of the house edge, your true chances of winning, and just realize that you got lucky. There is no such thing as a strategy in flipping a coin that will give you a higher expected return, so it's just pure gambling, just like Slots and Roulette.
Most casino games are made in such a way, that your expected return is a little under 100%. This means that from every dollar bet at the tables, the casino expects to keep a few cents. For individual players, results may vary. Some will win, most will lose. But for the house, it doesn't matter. They take millions of bets each day, so for them, the expected average works out a lot sooner. In short: the house always wins.
When looking at the house edge, we're talking about the expected long-term result, based on the game's house rules. But for a player, it can take literally tens of thousands of hands or spins before you also reach this average number. Until that time, you can experience huge upswings and downswings, that are the result of nothing but short-term luck, which is called variance.
Some games and some bets have a much higher variance than others, which means your actual results will differ enormously from what you're expected to be at.
Take for example betting on red/black at the Roulette table. This is a low-variance proposition, because it has a high percentage chance of occurring, and a low payout.
Contrast this with betting single numbers in Roulette, which only win once every 38 spins on average. This bet has a much higher variance, meaning you can easily hit a dry spell, and not hit anything for 200 bets in a row, or you can see a single number hit three times in five consecutive spins. This is not a freak occurrence in high-variance bets.
Even though the expected return in both these bets is exactly the same, there's a huge difference in variance, causing massive differences in short-term results, which can go both ways. You need to be aware of this, before you decide what types of bets you are comfortable with placing.

Gamblers' Fallacy
Another thing to realize, is that each individual game, hand, or spin, is completely independent from the one(s) before it, and after it.
Gamblers tend to believe, that the chance of a certain outcome is increased, based on previous results.
The most famous example comes from the Casino de Monte Carlo, where the Roulette wheel managed to land on black 26 times in a row. Gamblers lost many millions during that streak, all frantically betting on red, believing that the odds were in favor of the wheel coming out on red, after producing so many blacks. This is not true. Each round is completely independent, and the odds are exactly the same.
You will hear people say things like a Blackjack table being "hot" or "cold", which is completely superstitious, and should be ignored. The exception was when Blackjack was being dealt from a shoe. It made card counting possible. But with the introduction of shuffle machines, and continuous shuffling like is being used in GTA, this no longer exists.
This is also why "chasing your losses" is a very bad idea. After being on a losing streak for some time, many gamblers believe that now it's their turn to start winning. So they will often increase their bet size, believing that when their predicted winning streak comes around, they will win back their losses, and more.
The reality of it, more often than not, is that people will indeed start playing higher and higher limits, until they are completely broke. Nobody is ever "due for a win". There is never a guarantee that you're about to start winning. In fact, the opposite is more likely to be true. You are, after all, in a casino.

Betting systems
Some people like to think that they have a fool-proof betting system, like the Martingale system. Simply increase or even double your bet when you lose, and keep doing that until you win. In theory, this system will always win. So that's why table limits were introduced, and where the system fails.
If you start at the Roulette table, playing red/black, with a small 750 chip wager, and just double your bet every time you lose, you only have to lose 6 times in a row, before you will be betting the table limit of 48,000, just to get that 750 chip profit.
Sure, you can go on all evening without this happening, winning 750 chips each time, but this losing streak only has to happen once, and you're bust. Any betting system like this is ill-advised, because you are hugely increasing your so-called "risk of ruin", and that's what we were trying to avoid.
And even if your starting bet is only 100 chips, after only nine straight losses, and nine doubled bets, you are betting the table limit at 50,000 chips. If you lose that bet, you're 100,000 chips in the hole, with no way to recover that with your 100 chip base wager.
So don't believe anyone that says this is the perfect system to always win in the casino. Sooner or later they will understand why they were wrong, when they're asking you for a loan.

Set your limits BEFORE you start playing
One final point before we get into the games, a general tip for people that head out to play: money management.
Just like in real life, before you go to the casino, decide on a maximum amount that you are WILLING TO LOSE.
Bet small enough, so that amount can last you through the entire evening, and you will not be tempted to run to the ATM to continue playing.
Considering GTA money, some people will be comfortable losing 1% of their GTA bank balance, some people will be comfortable with gambling away 5% of their total GTA savings. It's up to you what you can handle. Decide for yourself where it will start to hurt, and don't cross that line.
But whatever number you decide on, as soon as you lost that amount, get up and walk away. Don't chase your losses, stick to your limits, and accept that this has not been your day. There is always another game tomorrow. Always agree with yourself on a simple stop-loss rule, how much you would want to lose at most, and simply stop playing when you get there.
Same goes for winning. You can decide on a number, how much profit you would like to take away from the casino. You can go on a hot streak and be up half a million in a short period of time, but if you would continue to play longer, looking for more, chances are that you're going to lose it all back.
Most people are happy with doubling their daily casino budget, for example. Others are looking for 10 bets profit in Blackjack. Whatever you choose, when you hit that number, you can stop playing and bank your profits, or you can continue playing if you're still enjoying the games, but then only just play minimum bet sizes. Then you're just playing for fun, not for money. You've already made your profit, so simply keep it in your pocket, and don't risk losing it again.
Either way, decide on what your money management strategy will be, and STICK TO IT.

Casino games in GTA Online
Now, I'm going to dive into the games that you can find at the Diamond casino, ordered from worst to best.

6) Slots
Generally the rule is this: the less strategy a game has, the worse it is for the player. And with slots, this is definitely the case.
The only influence you have, is choosing what type of machine you're going to play. Basically, there are two types of slot machines:
-high frequency, low payout slots
-low frequency, high payout slots
In the first type, there is no huge (progressive) jackpot on offer, just your average selection of prizes that don't go up to crazy amounts.
This will result in a player having many more spins resulting in a win. The amounts that you win on the bigger prizes, will be smaller, but they do come around more often. This type of slot machine has a lower variance, which means that your money should last you longer, winning many smaller prizes along the way to keep you going.
The second type of slot machine lures you in with the temptation of a huge jackpot prize. Even though the long-term expected return on these machines is the same as the previous type, the prize distribution is hugely different. The large jackpot prize weighs heavily on the scale of expected return, but the chance of it hitting is extremely small. This results in a much higher variance on this type of machine. Usually your money will go down very fast, because the smaller prizes are less rewarding than on the other type of machine.
At the Diamond, the info screen says the player return at slots is set at 98.7%. This means that, on average, for every maximum bet of 2,500 chips, you expect to lose 32.5 chips.
This might not seem like a lot, but the danger of slots is that the game is extremely fast. You can spin about once every 6 seconds, which would result in an expected LOSS of about 20,000 chips per hour of playing.
But again, in this long-term expected number, the large jackpot awards are also factored in, and as long as you don't hit those big prizes, you'll see your money go down a lot faster.
In any case, thank heavens the max bet is only set at 2,500, or else we would see more players go bankrupt at alarming rates.
Optimal strategy for slots:
There is none. Because after betting, you have no more influence over the outcome. The only choices you have, is what type of machine you want to play at, and how much money you are going to risk. And those are all personal preference. As long as you stick to your loss limits, as discussed above, there's no harm in having a go every once in a while, hoping to get a lucky hit. Just realize that you don't have a high chance of scoring a big win, so as soon as you do, get up and walk away.

5) Roulette
Roulette is also a game where you have no influence over the outcome. There is zero skill involved. You place your bet, and that's it.
In traditional French roulette, a table has only the single-zero, but of course, for American casinos that wasn't enough of a house edge, so they simply doubled their profits by adding a second zero. The house edge was increased from 1/37 to 1/19, which is huge.
This makes playing on a double-zero roulette table by definition a sucker's play.
The payouts scale evenly, which means that a bet on a single number, and a bet on half of the numbers, and everything in between, yields the same expected return. The only difference, again, being the variance that you are willing to subject yourself to.
The player return for double-zero Roulette for all bets is 94.74%.
Except for the 5-number bet, which can only be made by placing a bet on the two top rows that contain 0, 00, 1, 2 and 3. The expected return on this bet is lower: 92.1%. This is because it only pays out 6-1. Why? Well, the number 36 isn't divisible by 5, so the greedy people that came up with double-zero Roulette had to round it off someway, and as expected, it wasn't going to be in the players' favor.Just remember that that 5-number bet is the worst bet at the table, and should be avoided. All other possible bets have the same expected return.
So it really doesn't matter how you spread your bets, if you bet only one chip, or if you litter the entire table with a bucketload of chips. Each chip you put out there, has the same expected return, so there is no strategy that will improve your long-term results.
Assuming that you're betting the maximum table amount of 50,000 chips, you will be looking at an expected loss of about 2,630 chips per spin. Considering that a round takes about 45 seconds to complete, your expected LOSS at the GTA Roulette tables will be around 200,000 chips per hour of playing.
Optimal strategy for double-zero roulette:
Stay away. Stay far away.

4) Three Card Poker
With Three Card Poker, we come across the first game where there is actually some strategy involved. You get to look at your cards, and then decide if you want to fold, and surrender your ante, or double your bet.
Additionally, you can choose to place a side bet on "Pair Plus", which offers progressive payouts.
There are some websites out there that ran all the numbers with computer simulations, and even though I would like to quote the source here, these websites are understandably littered to the max with online casino ads, so that's why I have decided against doing that.
Optimal strategy for Three Card Poker:
For this game you only have to remember one strategy rule: Always bet on any high card queen-six-four or better, and fold any high card queen-six-three or lower. That's it. Just don't forget to double check if you're not folding a straight or a flush, and you'll be fine.
This strategy will result in an expected return of 96.63%.
The Pair Plus sidebet, with the payout table that is used at the Diamond casino, gives you an expected return of 97.68%, which is actually a bit better than the main ante bet.
So by playing both wagers, you're reducing your expected losses per bet, but since you're betting more, you're also increasing your expected loss per hour.
My advice would obviously be to not play this game at all, but if you do, put as much of your bet as possible on the Pair Plus, while making our Ante bet as small as you can.
To be able to compare it to the other games at the Diamond, let's stay on that 50,000 maximum wager, meaning making your ante bet 35,000, and your pair plus bet 15,000, if the table would allow it.
This results in an expected loss of about 1,525 chips per hand, and with a round taking about 45 seconds, this adds up to an expected LOSS of around 120,000 chips per hour of playing. In comparison, if you would only play the ante bet for 50,000 per hand, you expect to lose 1,685 chips per hand, which means an expected LOSS of about 135,000 chips per hour. So the more out of that 50,000 wager you can put on the "Pair Plus" sidebet, the better.
Even though it may be fun to try out this game for a bit, since there's only one simple strategy rule to follow, you'll soon find yourself robotically grinding down your bankroll until it has vaporized. You're not missing out on anything if you skip these tables, there is no real challenge.
Just like with Roulette and Slots, if you want to try it out nonetheless, you can just bet the minimum amounts and only play for fun, so it won't matter if you win or lose.

3) Blackjack
Blackjack is the most complicated game by far. Simply because the player has to make a series of decisions, which will largely decide the outcome. Luckily, there is such a thing as an optimal strategy, which will be outlined below.
However, the strategy is also dependent on the house rules. These not only affect your expected return, but in some places also your decisions.
Here are the house rules at the Diamond casino:
-The game uses 4 standard decks, and a continuous shuffle.
-Blackjack pays 3 to 2, dealer checks for early blackjack.
-No insurance offered, no surrender.
-Dealer stands on soft 17.
-Double down on any two cards.
-Player can split only once, but doubling after split is allowed.
-Seven-Card Charlie.
Under these rules, and following the "basic strategy" chart, your expected return at Blackjack is a shade under 99.6%, which is extremely good for a casino game, that's why Blackjack should be your table game of choice.
But it comes at a price: you are going to have to memorize the relatively complicated strategy chart, or at least stick it to your monitor until you have it in your head. But in case you ever stumble into a real-life casino, you won't regret having this table memorized, so I would definitely advise you to work on that.
The strategy chart might look complicated at first, but you will be able to notice certain patterns. Your decisions are mainly based on the dealer's upcard, which is basically divided into a weak card (2 to 6), and a strong card (7 to ace).
When a dealer shows a strong card, you will be hitting more often with the risk of going bust, but when a dealer shows a weak card, you're not taking that risk, and you will be standing more, but also doubling and splitting more. You want to increase your bets when the odds are in your favor, and get out cheap when they're not.
But it also helps to take some time to think about why a certain advice is given. For example, why does it say that you always have to split two eights, even against an ace. Well, that's because two eights equals 16, which is the worst total you can have. It's better to split them up, and give yourself a chance of finding a 17, 18 or 19 with the next card. Once you see the logic in that, you'll have one less thing to memorize.
The playing advice in the basic strategy chart is a result of computer simulations that ran all possible outcomes against each other, and produced the most profitable decision for each situation. So you can't go wrong following it.
Optimal strategy for Blackjack with Seven-Card Charlie
The added house rule of Seven-Card Charlie, adds a small advantage for the player, and it does influence a few strategy decisions. For example, you might have a 14 with 6 cards, against the dealer's 5 upcard.
Normally this would be an automatic stand, but if you're only one card away from the Seven-Card Charlie, meaning an instant win for the player, regardless of the dealer's hand, it turns it into a hit.
Here's the most optimal strategy chart to follow for the Diamond Casino house rules: https://prnt.sc/olct6g
You'll see that two fives are missing from the chart, and that's because you never split them. You treat them as a regular 10. You also never split tens. Just stand on 20.
If you follow this strategy religiously, even with a maximum wager of 50,000 chips, you only expect to lose about 215 chips per hand, and with rounds taking about 30 seconds, that amounts to an expected LOSS of 26,000 chips per hour, which is only half a bet. A small price to pay for an hour of entertainment.
But since the expected return is so extremely close to 100%, you will see more positive short-term results than with other games. But obviously it can also swing the other way. Again, this is supposed to be the game where your money lasts you the longest, but always set your loss and win limits before you sit down. That rule simply always applies.

Still, even with optimal strategies applied, all these games are expected to lose you money in the long run. So betting any kind of large amounts is not advised. If you simply want to enjoy playing these games, there's nothing wrong with betting a minimal amount. Playing these games for a longer period of time will already cost you money anyway, since your daily property fees will still be charged while you're playing in the GTA casino. As long as you can play for fun, there's nothing wrong, but when you see yourself betting insane chunks of your entire bank balance to try to recoup some unfortunate losses, you're doing it wrong.
As the commercials in Britain all correctly say: when the fun stops, stop.

2) Virtual Horse Racing
Now onto the good stuff. I ran some numbers, and I believe Rockstar has made a mistake with the horse racing game. Because as it stands, and if I read the numbers correctly, this game is actually profitable for the player. You can actually make money with this, at least, until Rockstar figures out their mistake and patches it.
If anyone wants to jump into the math and double check this to make sure, please do so. I will add any corrections to this post. This is one of those "to good to be true" things, so I keep thinking that I might have overlooked something. So please verify it if you can.
The setup is this. There is a pool of 100 horses, each with their own attached payout. These are divided into 3 groups, ranked by their odds. From each group, 2 horses are randomly selected to provide a pool of six runners for you to bet on.
Now it's not an actual race you're looking at. You are looking at a raffle. This is important to realize.
Each horse gets awarded a certain number of raffle tickets. The favorites get awarded more tickets than the underdogs, and therefore, have a higher chance of winning.
If this distribution works like it does in the real-life casinos, then the raffle tickets are awarded according to the betting odds.
Example 1: imagine a race with 3 runners, all have 2/1 odds, representing a 33.3% chance of winning. (Because 2/1 means 2 AGAINST 1, so 3 total.) In this case, each horse gets one third of the raffle tickets, giving them an equal chance to win.
Example 2: imagine a race with 3 runners, one has 1/1 odds (or EVENS), representing a 50% chance of winning, and the other two horses are marked up as 3/1, with a 25% chance of winning. The favorite gets half the tickets, the other two get a quarter of the tickets each.
A ticket is drawn, and you'll have a winner.
It doesn't matter in this game which horse you bet on, because the expected return is always the same: 100% or break-even, for the above examples.
Now, what happens if the percentages don't exactly add up to 100%?
They must add up to 100%, because there will always be a winner. And only one winner.
So when this is the case, the actual winning chances of the horses are adjusted to meet the 100% requirement, using their payout odds to determine the scale.
So, if the represented percentages add up to more than 100%, the actual winning chances of the runners will be DECREASED, resulting in all bets becoming losing propositions for the players.
Example: In a 6-horse race, all runners are listed at 4/1, representing a 20% chance. Only with six runners that amounts to 120%. So all chances are scaled down by 1/6th, to end up at 100%.
This means your horse's chances are reduced from 20% to 16.67%, turning it into a losing bet: 5 times you will lose your bet, and 1 time you will win, but only get 4 bets back in this instance, instead of 5. A losing bet in the long run.
This is the type of odds that you find in regular casinos, with fields as large as 15 runners to bet on, where the assumed winning chances always add up to more than 100%, therefore are decreased for all runners, resulting in a house edge.

But in GTA Online's Inside Track, there are other scenarios, because of the small field, and the way that they are put together.
In some cases, the represented percentages when added up, are LESS than 100%, meaning that the actual winning chances of all runners, are INCREASED.
This creates profitable bets for the players, because in the long run, you're expecting to win more money than you lose. This is a gambler's dream, pure and simple.
So, according to the in-game information, the three groups of horses are divided as follows:
-Favorites: EVENS to 5-1
-Outsiders: 6-1 to 15-1
-Underdogs: 16-1 to 30-1

Let's take the two most extreme examples to show what's happening.
The worst possible field to bet on: two runners at EVENS, two runners at 6-1, and two runners at 16-1.
EVENS represents a 50% chance, 6-1 is 14.29%, and 16-1 is 5.88%. Add those up and you land on a total of 140.34%.
This means that the actual winning chances of the horses are decreased by 28.75% (to get that 140% down to 100%), which makes betting on this field extremely unwise.
A horse at EVENS will only come in as a winner 35.63% of the time, instead of 50%,
a horse at 6-1 will only win 10.18% of the time,
and an underdog at 16-1 will only win 4.19% of the time.

The expected return on a bet on any of the horses in this field is only 71.26%, so a maximum bet of 10,000 chips on any of these horses holds an expected LOSS of 2,875 chips.
These returns are the same, because the winning chances are scaled equally, according to the payout numbers. So it really doesn't matter which horse you bet on, in the long run, you expect the same results.
But as explained before, it does influence variance, and therefore your short-term result, which can swing both ways.

But now, the best possible field to bet on: two runners at 5-1, two runners at 15-1, and two runners at 30-1.
Odds at 5-1 represents a winning chance of 16.67%, 15-1 odds means 6.25% chance, and 30-1 odds means a 3.23% chance of winning. Add these six horses together, and you only get 52.285%.
This means that, to get from 52% to 100%, the actual winning chances of these horses will be almost doubled! Multiplied by 1.91 to be exact.
So the 5-1 favorites will now win 31.88% of the time, instead of 16.67%,
the 15-1 runners will win 11.95% of the time,
and the underdogs at 30-1 odds will still win 6.17% of the time.
When betting on this field, the expected return on your bet is 191.25%!
This means that a max bet of 10,000 chips will result in an expected PROFIT of 9,125 chips.
This is printing money, if there ever was such a thing.
Optimal strategy for Virtual Horse racing
So all you have to do, is only bet high on the games where you have an expected positive return, and bet the absolute minimum on the games where your expected return is negative. Or back out of the racing game to refresh the field.
If you don't have a way to quickly add up all the percentages, and until somebody shows up here with a neatly formatted table, just use a few general rules of thumb:
-Always bet the maximum on a race with favorites at 2/1 and 3/1 or higher in it.
-Simply skip all races with two favorites at EVENS in it, and at EVENS and 2/1. Or bet the minimum, if you can't skip or refresh the field.
-To decide if you should play races with other favorite combinations EVENS and 3/1, EVENS and 4/1, EVENS and 5/1, or two favorites at 2/1, the payouts on the other four runners determine whether or not it's profitable to play them. The results of betting on these fields vary from an expected 1,330 chip loss (worst-case) to an expected 1,680 chip win (best-case), with a max bet of 10,000 chips.
But if you're not looking for another strategy chart, you might just want to skip these borderline cases, and just cherry pick the best ones, which are easy to recognize, and with which you can never go wrong.
It's difficult to put a number on an expected win-rate, because it all depends on which fields you get presented with, but it's not unreasonable to state that you can maintain a steady win-rate of around 200,000 chips per hour, with about 50 seconds per race.
Remember, you're not trying to win every race. You're trying to win the most money per hour. So don't sweat it when you bet on a 4/1 favorite, and lose a couple of races in a row. It will still be more profitable in the long run. You have the math on your side.
To reduce negative variance, always bet on the favorite, when betting on profitable fields. We're not gambling anymore, we're grinding out a steady profit. We want to keep the swings to a minimum.
I contacted Rockstar support to verify if this is indeed how it works, but the only reply I got after 6 weeks is that they were "looking into it".
User u/Garsant made a useful Excel-worksheet, available for you to download, where you can quickly type in the payouts on the horses, to see if it produces a profitable bet or not. You can find it in his post here: https://www.reddit.com/gtaonline/comments/ekp8na/gta_online_inside_track_odd_calculato

1) Wheel of Fortune
The number one profitable casino game in GTA Online is obviously the Wheel of Fortune, because it costs you nothing to play.
Unfortunately, you only get one free spin per day, but it holds great value, so make sure you do it.
With a chance to win a super car, vehicle discounts, expensive mystery prizes (which also can be vehicles), and a lot of cash and chips, the expected return on a single spin is around $100,000 in value.
So don't forget your daily spin, it's definitely worth your time.

2020 Update:
As of the Diamond Casino Heist update, the Inside Track horse racing is confirmed to still be as profitable as outlined above.The only thing that seems to be changed, is that you can't refresh the field anymore by backing out of the screen. This does affect your hourly rate in a negative way, but does not change the fact that this game has a huge positive expected return, and should be your go-to when you're trying to take money from the house, without having Lester's nagging voice in your ear. That should also be worth something.

And with that, I conclude my 5,000 word essay on gambling in GTA. Questions, comments, feel free to add your input to this guide.

Cliffs:
-Gambling games should only be played for fun, not for big money. You should expect to lose in the long run. The house always wins.
-A casino game doesn't have a memory, and betting systems don't work.
-Set your limits before you start, how much you are willing to lose or win, and then walk away when you get there.
-Don't play slots, roulette, or three card poker.
-Only play blackjack following a basic strategy chart (https://prnt.sc/olct6g).
-Inside Track betting can be played profitably, if you only bet on fields WITHOUT a heavy favorite.
-Wheel of Fortune is always your best bet, because it's a free bet.
submitted by enderpiet to gtaonline [link] [comments]

TRADE LIKE A CASINO  PROFITABLE TRADER  STOCK MARKET ... Mega profitable Online Slots in Casinos - YouTube online casino play 💰 A profitable online casino is little ... 1 deposit casino 💎 A very profitable online casino found ... TOP 10 most profitable CASINO towns and areas in USA - YouTube how to earn $800 per day  casino roulette trick online casino bonus 🔴For each Player, follow the link in ... online casino sites 🍒 Most Profitable ONLINE CASINO of the ...

Bild oben: Eine Auswahl an Tischspielen im Mr.Green Casino Mehr Weniger. zu den Spielen bei Mr. Green. Auszahlungsrate wichtiger als Gewinnquote. Unsere Casinotest.de Fachredaktion beschäftigt sich seit geraumer Zeit mit dem Thema und weiß inzwischen sehr genau, welche Spiele lohnen und bei welchen man sich eher auf den Unterhaltungswert als auf profitable Gewinnchancen freuen darf. The casino sector is one part of the broader gaming industry focused on leisure and resort properties and casino gaming activities. Companies in the sector own and operate casinos, resorts, hotels ... Playing casino games can become much more fun if you know which games are the most profitable casino games and stick to those. You need to consistently win to stay profitable, but if you manage to define which games bring you more profits, staying profitable will become a much easier task. But for it you surely need to have good skills and luck as well. Yet, it depends on the game you pick to ... Boyd Gaming is another extremely profitable American casino company located in Nevada, United States. It was founded by Sam Boyd, who’d had decades of previous experience in the gambling industry, in 1975. This was primarily created to develop and operate the California Hotel and Casino in Las Vegas, the first property belonging to the company. Blackjack is the leader in the most profitable casino games. It is a skill-based card game that is famous for having a fairly low house edge. Many players use it because it gives them the opportunity to influence the outcome of each hand by applying a strategy. To this end, when it comes to blackjack, there are various strategies available that can help you reduce the house edge even further ... The Eastern Band of Cherokee is trying to stop the Catawba Tribe from building a casino in Kings Mountain. The town of Cherokee in western North Carolina has about 2,000 people. There are a few ... Marina Bay Sands – Most Profitable Casino in Singapore. The Marina Bay Sands resort is located in Singapore, and it’s one of the most expensive casino properties in the world – $5.88 billion. The architecture design is inspired by decks of cards, and it resembles three high towers. With varying yearly revenue from $2 billion to $3 billion in 2018 and 2019, Marina Bay Sands ranks number ... Online casino gaming has been here with us for a long time now. All the developments have been made possible because of different technological advancements. The internet has been instrumental in making the best online games to win players real money in real-time. However, players have been enjoying the best gaming experience at the best and profitable casino options. Even though Las-Vegas ...

[index] [24903] [4017] [22005] [27155] [17432] [12914] [3297] [29723] [19980] [30030]

TRADE LIKE A CASINO PROFITABLE TRADER STOCK MARKET ...

On this video find how to earn $800 per day with a profitable and new casino roulette trick Exploit it now. Find the casino roulette trick at www.casinorouletteflaw.com. Get €1000 BONUS + 125 Free Spins at Vulkan Vegas Casino ⬇️👇⬇️👇⬇️ https://www.youtube.com/redirect?q=http://vipvulkanclub.pro/aac/_yd0jaSvwMw ... This is not a investment Advise.... It's only for learn. Make Your free account with 2000$ just go here {www.PADDYPOWER.com} email:[email protected] my skype : ashikulislam7990 mobile no ... Get €1000 BONUS + 125 Free Spins at Vulkan Vegas Casino ⬇️👇⬇️👇⬇️ http://vipvulkanclub.pro/zw/k4w5CE93H7A Licensed Goslotty Casino ⬇️👇⬇️ ... Get €1000 BONUS + 125 Free Spins at Vulkan Vegas Casino ⬇️👇⬇️👇⬇️ http://vipvulkanclub.pro/zs/zdesKMrtc-U Licensed Goslotty Casino ⬇️👇⬇️ ... In This video we are Gonna talk about CASINO Business Model and how it is a Profitable Business and how we can became a profitable trader using Casino Model.... Get €1000 BONUS + 125 Free Spins at Vulkan Vegas Casino ⬇️👇⬇️👇⬇️http://vipvulkanclub.pro/adr/DHJ3XmbI2oY Subscribe to Youtube channel ⬇️ ... Mega profitable Online Slots in Casinos Videos; Playlists; Channels; Discussion; About; Home Trending History Get YouTube Premium Get YouTube TV Best of YouTube Music ... Facebook page: https://www.facebook.com/mostexpensiveintheworldSUBSCRIBE: https://www.youtube.com/user/themostexpensive2210 Passionate Celebrity Poker Player...

#