Centurion, South Africa (PressExposure) May 05, 2010 -- The way casinos operate and make their money is based on a house edge. There is no way to get around this, no matter how you play a game. Even though there are ways to achieve short term gains, in the long run you will lose.
Casinos are meant to be there for entertainment purposes only. The occasional win is always a bonus and adds to the excitement, but it is not something you can bargain on. The problem is that there are those who try to coax people into believing that there are ways in which you can beat the casino. It is not possible.
Many of these systems are built around logical ways of following up losing bets with a double up in bet size. This can spiral out of control very fast and is not sustainable for most people. The gain compared to the risk is just not worth it. There is definitely no reason why the casinos would allow for loopholes.
Just looking at how glamorous casinos are, it is not difficult to figure out that they know they will keep on winning in the long run.
Other "gambling systems" are also flaunted and there are many of these floating around showing you how to beat the casino at blackjack, roulette, slots or even keno.
As an example keno is one of the casino games with the worst odds of all casino games. Online keno fares a little better than what you will encounter at your average land based casino, but it is still not great.
As per studies done at the University of Las Vegas it was found that the average payouts of live keno barely stayed above the 72% mark. Video keno fared a little better with payouts of just over 90% on average. The type of keno on offer at online casinos is also video keno and the payouts were in the same range.
All of the video casino games run on random number generation. In the short term one might experience some wins, but over an extended period of time the payout rates would become apparent.
Very rarely is any game set to pay out at a higher percentage than 95%. This goes for all of the video games like video poker, video keno and video slots. The table games have their set house advantages and it is set in stone with no way to get around it.
It is sad that there are ruthless people floating around looking for pray and offering empty promises. Offering something that has been proven mathematically impossible to work is sad and wrong in so many ways. Hopefully people will know to steer clear of such systems and not be lured in by the empty promises of these obviously flawed system.