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681 points Anon84 | 1 comments | | HN request time: 0.277s | source
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elif ◴[] No.46193109[source]
Crypto is NOT a casino.

In a casino the house always wins.

In crypto, every single player that's sat down for 5 years is a winner.

replies(2): >>46193125 #>>46215460 #
1. GBeastMode ◴[] No.46215460[source]
It’s true that 'the house always wins' in the long run because of game mathematics. Yet a casino that runs on secure, certified software and focuses on player retention doesn’t profit from a single big loss - it builds income through long-term relationships with its players. Here’s an article explaining how casinos generate revenue: https://www.rosloto.net/en/what-online-casino-revenues-depen...