Do you think that casinos are transparent?

[Sociallover]

I really find it harder to believe that casinos are transparent. Casinos are there to make money and suck money off the pockets of gamblers who are addicted to gambling addictions. Under such kind of circumstance, do you think that casinos are regulated?

 

[Heatman]

Legally, I believe that casinos are operating transparently enough to stay in business without allowing themselves or the company to be over-run by too much win. They need to protect the business at all cost.

 

[Sociallover]

Legally, I believe that casinos are operating transparently enough to stay in business without allowing themselves or the company to be over-run by too much win. They need to protect the business at all cost.

I am not sure how they maintain house edge while being transparent at the same time. This seems counterintuitive in many different ways. A house is supposed to make money and be at advantage all the time. The same does for trading platforms where traders trade against the house.