I mean even if it were just better odds it would be worth it maybe. If I were regulating gambling, I would make sure that Casinos had to pay out at least 90% of what they brought in and distributed widely with some mathematical function that approximates a bell curve.
Ha yeah but profits must only go up so all the casinos would just pivot to something else. Sociopaths would never accept a 10% margin even on that large of a pool of money. Thats restaurant margin territory and you dont see the mafia running many legitimate restaurants for the income.
Gotta get the money from the poors somehow, and someone with skill might win it back if its allowed to be skill based.
I mean even if it were just better odds it would be worth it maybe. If I were regulating gambling, I would make sure that Casinos had to pay out at least 90% of what they brought in and distributed widely with some mathematical function that approximates a bell curve.
Ha yeah but profits must only go up so all the casinos would just pivot to something else. Sociopaths would never accept a 10% margin even on that large of a pool of money. Thats restaurant margin territory and you dont see the mafia running many legitimate restaurants for the income.
Absolutely but who cares? It saves people from being taken advantage of, and if someone does run a casino it would actually be fun.