This is a discussion on The house always wins within the online poker forums, in the General Poker section; This is law or is there someone who can say otherwise
I heard that phrase in some movies and I was worried to know if someone
Taking poker as an example you always pay a part of the money you spend to maintain the house, it is the rake, whether playing tournament or cashgame the house will take a part, it is fair to keep the service functional.
While yes in the long run and majority of games house is always +EV but it does have staff and many other costs too.
The house does not always win as sometimes the house is very generous to players by providing freerolls and some tournaments do not meet the guarantee and the house covers the overlay.
Also a third thing there is a huge list of failed sites that never made it small example here in the link below clearly they did not win. https://www.pokersites.com/defunct
A good casino will know how to blend profit and accessibility. The places that can do that are winners, but not in the sense they are winning every bet or such. It is about their ability to make the owners money and keep the hard core gamblers happy.
If it was not profitable, then no one would be engaged in organizing games for gambling enthusiasts, even if the room declared itself bankrupt, this does not mean that the founders were left completely without profit.
The publication is strictly informal, it is a fact taken from a movie. I'm sure the house always wins, but some will tell the story of a crazy night where they beat the casino and broke the bank, as it is commonly said.
I think the house always makes a profit from their games but they also need good management with promotions, rakeback ... to attract players.
__________________ "Every great dream begins with a dreamer. Always remember, you have within you the strength, the patience, and the passion to reach for the stars to change the world." -Harriet Tubman
I think the phrase "The House Always Wins" is more associated with Slots and Table Games... of course the odds are in their favor, or as have many have said, if the odds were not in their favor, there would be no house! That of course does not mean that someone cannot win on occasion, just that over a large sample size, The House Will Win!
But when it comes to poker, yes there is overhead that has to be covered in providing a game, so that translates into the "Rake"... but unlike slots and table games, there is a skill factor involved. So no, the house does not always win against an individual poker player, it just depends on whether your skill is good enough to beat the rake.
The House (ie - The poker room / site) can also lose by being mismanaged in terms of guarantees offered in games or by owners not running a financially responsible business, or worse, pilfering players deposits...