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Do casinos cheat?

Do casinos cheat?

Every person who has gambled, be it in a brick and mortar casino, or an online casino, would have one question in their minds, Do casinos cheat? After all, casinos are there in the business to make money. So they will surely be looking for ways to maximize their profits. Let’s try to understand if the casinos do actually cheat.

Do casinos cheat?

The simple answer to the question is no, casinos do not cheat. Of course, there may be a few bad apples in the basket, but most reputed casinos do not cheat. And there are two main reasons for that.

 

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Regulators

All casinos, whether offline or online, are regulated by a licensing body. Online casinos are generally regulated by European bodies like the Malta Gaming Authority, the UK Gambling Commission, Curacao eGaming Authority, etc. while physical casinos are regulated by the regulatory bodies of that particular region, for example, the Nevada Gaming Commission which licenses casinos in Las Vegas.

These bodies lay down certain rules regarding fair practices, which are mandatory to be followed by the casinos. Failure to do so can attract censures, fines, and even termination of licenses. So all licensed casinos tend to adhere to the rules, rather than face fines and build a bad reputation.

House edge

All casino games, be it table games like poker, blackjack, and roulette, or slot games, are designed in such a way that they have a `house edge´. Of course, individuals may win once in a while, and may also win a jackpot. But in the long run, the house edge plays out, and casinos always end up making money. The higher the number of players in a casino, the higher is a casino’s profit.

Conclusion

Do casinos cheat? Playing with a reputed casino can guarantee the safety of your funds, and you can be assured that the casino will play fairly. Players should always conduct due diligence before initiating any transactions with a casino.

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