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Thai police bust online gambling site with 1.5 billion baht turnover


webfact

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turnover is impressive at first sight, profitability depends much on the game played.

 

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The house edge, the odds advantage in its favor, represents the average gross profit the casino can reliably expect to make from each game. On the games with the lowest house edge, the smallest advantage, a casino might only be generating about a 1% to 2% profit. On other games, it may make profits of up to 15 %to 25% or more.

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 says :  https://www.investopedia.com/articles/personal-finance/110415/why-does-house-always-win-look-casino-profitability.asp

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