You think you can run in to your local convenience store and buy $20 worth of scratch tickets because it will give you great odds of winning? Maybe. You think you can sit at the casino slot machines for hours on end just waiting to win the big one? Maybe. But before you consider this, understand that there are some things that you need to know about the gambling industry. Some things that the gambling industry just don’t want you to know.
The most important thing they don’t want you to know is that you probably will never win. The gaming industry is not a $90 billion industry because it loses. The odds are always stacked against you. It is basically just giving you a sense of false hope.
If you do win, chances are that you may not get paid. There have been countless so-called errors that have occurred in lotteries and slot machines. We have all seen and heard the stories: there were calculation errors in the lottery and malfunctions with the slot machines. There have been huge winners that have left the casino with nothing but a free breakfast to compensate for the malfunction of the slot machine. Casinos and lottery commissions have no problem taking your money; they just don’t like to dish it out.
It is a sad reality but gamblers are mostly the ones keeping the gambling industry in business. If gambling addicts stayed away from casinos for two years, it is a fact that most casinos would not be able to survive. There are very few casinos that can handle more than 50% revenue loss and gamblers who are addicted put in more than half of the casinos profit.