Thread: Vegas Odds
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07-15-2011, 01:56 PM
  #21
ruckus*
 
Join Date: Jan 2007
Location: New Jersey
Country: United States
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Quote:
Originally Posted by vipernsx View Post
I never understood gambling. Billion dollar casinos don't exist because they're giving money away. And don't tell me it's the small vig fee either.
It's actually because most people aren't capable of managing money correctly and place huge bets hoping to hit it large. When the majority falls into that category it's pretty easy to understand why casinos and sports books make tons of money.

But to assume it's impossible to win/make money at it is pretty foolish. There's plenty of people who do. They're just not the majority. And as long as it stays that way (which it always will), the casinos and books have nothing to worry about.

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