this post was submitted on 08 Sep 2023
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[–] [email protected] 104 points 10 months ago (41 children)

i will never understand why people would be dumb enough to play in online casinos, or any other form of digitalized gambling. this includes slots.

[–] [email protected] 24 points 10 months ago (15 children)

I understand why people do emotionally, but working in tech I just know there's no such thing as "online gambling". Even random number generators can't be 100% random. This takes that and adds on businesses that want to be profitable and minimal oversite.

I don't know how people can believe it's fair and not rigged. You're telling me out of all of those millions of lines of code, nothing in there skews a bit to the house to screw you over? Nah, they'll keep your money. Any wins you may have are because they let you have them.

[–] [email protected] 10 points 10 months ago (1 children)

It depends on your definition of rigged. There are many "provably fair" online casinos where they use hashes and user generated seeds that influence the outcome such that it makes it 100% verifiably fair but you will still lose over time because the house edge. If you call the house edge "rigged" then offline gambling is equally rigged

[–] [email protected] 3 points 10 months ago (2 children)

Offline casinos can also make money on drinks/snacks/entrance fee/hotels rooms. Theoretically it would be possible to run an offline casinos with loosing odds. (They don't)

That's impossible for online casinos.

[–] [email protected] 4 points 10 months ago* (last edited 10 months ago)

Offline casinos have a much higher margin (called house edge) than online casinos. This is because they need to pay rent, business rates, salaries, security, etc. Online casinos can survive on a skeleton crew with a cloud based turn key solution. Thus their house edge is usually lower. The lower the house edge is, the more players win. The more players win, the more players you have.

[–] [email protected] 3 points 10 months ago

The casinos I've been to have had free drinks, snacks, and entry

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