Misleading Post
Even casinos go broke occasionally, and how much advantage they have over the average plop? A lot, but shit happens even to them.
Taken in the context of the post in which the above excerpt appears, it would seem that the poster would have us believe that casinos go broke from unfavorable statistical fluctuations. Put bluntly, this is quite a dumb line of thinking. Casinos have the power to set their limits and do so in such a way that fluctuation cannot wipe them out as long as they have an advantage. I'm sure that the vast majority of people here have never worked in a casino and may not be aware just how prevalent inside theft really is. I used to work in a casino and I can say with certainty that 80%+ of the employees there were stealing in some way, shape or form. A little here, a little there but at the end of the year it added up to a net loss for the casino. What is ironic is that some of these thieves were the very same people who were charged with the responsibility of running off advantage players. I'm sure they took much more out of the casino than any players could ever hope to win. If you add to this inside theft the mismanagement, rampant employee incompetence and the all around inefficiency which are not just common to but are, in fact, hallmarks of casino operations then it should be clear that unfavorable fluctuation is not the culprit in the demise of a casino.