What the Gambling Industry Doesn’t Want You To Know

Full episode: • What the Gambling Indu...
A former employee for one of the biggest betting companies reveals the major flaws in the industry, from gambling addictions to money laundering.
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[@VICE]

Full episode ➡️ kzbin.info/www/bejne/d3PNaKObfsSFaK8

[@tekken9476]

Only thing he forgot to say was that The WHOLE CALENDAR FIXTURE LIST IS FIXED AND EVERY SINGLE SPORTING CODE AND EVERY SECOND OF IT'S DURATION IS ALREADY KNOWN BY BOOKIES. THEY TAKE NO CHANCES

[@C.L.190]

Don't gamble period. Especially if you're prone to addiction.

[@andrewmorgan5950]

Or everyone take responsibility for themselves 😅. I dont know sounds crazy

[@GiggyWiggy2086]

​@@andrewmorgan5950fr my stepdad gambles and when he loses 200 or more dollars in one day thats enough for him and he gambles like 2 times a week 3 if he's feeling energetic

[@BerryFin]

@@andrewmorgan5950 ??????

[@C.L.190]

@@andrewmorgan5950 you must've missed the point

[@sirKonradical]

But then how are you going to be cool. Smoking, swearing and gambling are damn hell ass cool

[@sirKonradical]

I hope they disinfect the inside of that mask in between episodes

[@MrValy128]

😂😂😂

[@newworldlord643]

😂😂😂😂😂😂😂😂

[@gynephilic]

maybe I should continue the '😂😂😂' chain

[@gynephilic]

😂😂😂😂😂😂😂😂😂😂

[@Loveyours33]

Lmaoooooo

[@michaelladarkangelsparkle9908]

I'm proud that I've never given a penny to a casino! And i wish more ppl didn't too

[@jeffreylewis2941]

Yeah I go to the casino at least 2 times a week and I'm going to go today also but I also go to just to get out of the house and I don't spend money every time I go I'm about to stop going period point blank because they will take in more than they give out. Peace love and blessings to US ALL ❤️ ASE'

[@mmmm00cheese35]

@@jeffreylewis2941 i go once a week and play 10-20 dollars on penny slots

[@1blameonme1]

I’m happy i did one day i won a bonkers amounts of money that i never want to go back to the casino. Thats how y stay winning win huge once never come back

[@michaelkelly8731]

I play on slot machines. But as soon as I win anything over what I put in I withdraw and stop playing.

[@BigThangs]

​@@michaelkelly8731bad idea

[@Misclickt]

Note to myself: Don't visit casino's.

[@avfc1985]

Why is he covering his face like this information is not known haha thia is standard knowledge

[@user-sf9gs2pg1b]

It’s just this video format, I honestly really don’t like the mask or voice changer. I assume that the full video may have some things in it that he doesn’t want associated with him saying, but I’ve never watched a video of this so I’m unsure.

[@jaronimo6314]

Likely someone who is still apart of the industry in some ways. I would guess at some point during this interview this person gets into info that isn't public knowledge.

[@tobychalmers8103]

The guys sounds Australian. We have a massive problem with gambling in this country. It is an absolute skid mark on our society! Fu@k gambling ✌️

[@AUNZAnon]

Not just Casino's. Also online gaming and sports betting. It's mostly all rigged.

[@andrewmorgan5950]

😅 yeah nothing like a rigged game where only 1 team 🙄 can win in a game between 2 teams . Sounds rigged unless you actually know sports then you would A) not lose $ but win $ . B) so it really is just fun since your playing with house $ . Im obviously a " problem" customer 😅 since im up over 5K since MLB started and up 7K since my states sports betting release online

[@AUNZAnon]

@andrewmorgan5950 for every winner, there has to be a loser. Just because you might win, doesn't mean a sports match isn't rigged.

[@jacobthorpe4316]

@@AUNZAnon How would they rig it? Exact details please, I'm curious.

[@diypictures]

​@Al_Capone1899 Referees may try to "rig" or manipulate the outcomes of games, but the organizations themselves are not rigging games for profit.

[@tekken9476]

Mostly?? Bro all of it !! These people have ancient technology that sees into the future and the fixture list and results are a tell tale sign but people are just ignorant 😢

[@C.L.190]

I've only been to a casino ONCE in my whole life and I spent $20 and it was at the bar. Lol I refuse to give away money to casinos or to state lottery

[@TheMilo246]

Just say ur broke

[@MANintheSKY100]

​@@TheMilo246you're a VIP then, enjoy paying for their yachts!

[@shenkaed]

Rules of blackjack to beat the house. Very simple: Hit on 14 for or below. Stick on anything above unless the dealer’s showing card is 9 or above, then hit on 15, and stick on rest.

[@gonnagetyou365]

explain more

[@montanastax]

@@gonnagetyou365its pretty straightforward, just log on gta and learn more 😂

[@suzannecooper5323]

Thank you!!!Americans addicted to gambling has reached epidemic proportions and NO ONE Is talking about it.

[@anthonyisgro7185]

*Don't walk through the door. That's how you'll always win & the house will always lose* 💯💯💯💯💯

[@mr.springtrapGenshin]

Yep, thats the Reality. Couldnt agree more with you, keep the good work up and let everyone know!

[@luvyatubers]

Our grannies and grampsies are setting a bad example for us. The retirement home buses frequent the casinos. Its gross

[@stevengreen9536]

@luvyatubers Yes but the elderly have nothing better to do. They are retired and just want to have some fun in their final years. Besides they can't take that money with them. 😛

[@illuminated_AF]

So they should decompose slowly playing bingo for bars of soap at the rest home while their family is always too busy to visit them but will fight over their inheritance that really they did nothing to deserve? Let them play those progressive penny slots and get a thrill of being celebrated for betting max credits on Buffalo. IYKYK

[@jpm7049]

It is gross but I blame the casinos targeting them more than I blame the elderly.

[@jacobishii6121]

Not only is this common knowledge,in the US and most legal casino countries I've heard of all have laws about transparency and how the odds are set up........ Says right on the size of the games and is posted in most places if it's not right there on the table in front of you as well what the odds are..... government requires odds fit a certain range and they have to pay out a certain amount.The slot machines are set to this and table games have to meet it as well..... poker rooms are a different animal....Other than poker rooms, The slots and table games are monitored constantly and If the odds are beat or too slim by usually a fraction which happens here or there (called an anomaly) Adjustments are made to balance it. When it comes down to it you can pretty much figure out how much you are going to lose to a casino based on your play. The only person that wins at the casino sans cheating is the one that put a single bet into a slot and wins and walks away or the person that didn't play at all. The casinos worse than carnival games,whole thing is rigged against you

[@arfriedman4577]

I've known since I was a kid that the gambling places are there to make money, and people never really win. I was never into gambling because your basically giving your money away and getting nothing in return. The few times I was in a Casino, I played with ten dollars on the slot machines. Once gone, I stopped playing. One time I won a few dollars over my ten dollars and decided to stop and keep few extra dollars.

[@MrValy128]

Can't wait for the full episode! Wonder when Its coming out

[@larskingfisher434]

It's been out for awhile now. They're just probably uploading the shorts for more visibility

[@VICE]

@mrvaly128 Here's the full episode! kzbin.info/www/bejne/d3PNaKObfsSFaK8

[@juannatan1409]

Who doesn't know this!! As the saying goes, "THE HOUSE always wins."

[@OpheliaPG]

This is why when someone tells me they’re a “VIP” in a casino, my respect for their intellect and character is diminished. 😂

[@Gerberticus]

Gambling in Australia is insanely rampant. Even KZbin ads here are almost always betting ads. The aus government has NO shame about profiting off of such dodgy businesses, in fact in Sydney, lock out laws shut down all pubs and clubs shut at 11. Syphoning all business into the casinos. It's such a prevalent issue that the government continues to feed, regardless of the affect it has on its people. It just gets sadder from there

[@SC.......]

I worked at a spa at a casino, this lady came in for her massage and had just lost 6k. She blamed everyone but herself. Her husband was a heart surgeon. She was absolutely one of the mkst miserable people ive ever met. Sad.

[@itsnullcraft]

This is why physical games like poker and blackjack are the only actually trustable things to bet on

[@yung_prophet8344]

Hell yeah the more you know the more you don’t know.💯

[@PaulChabot]

If you didn't know this.. like.. I don't know, read a book.

[@RyoshilovesKabosu]

Can be mostly avoided by not using their player cards.

[@richardphillips8475]

And that's WHY gambling houses need to be shut down and made illegal. It's the family of the gambler that suffers. And the state ends up taking care of these broken families/homes.

[@TheBmarshall15]

I enjoy spending money at the casinos in Vegas. Not to gamble, but to eat at the buffets.

[@jahikin]

At the buffets that used to be free....

[@devamail1]

@@jahikinthe casinos used to entice people with cheap food and free alcohol. Now it’s $100 for a simple breakfast at the cafe for 2 people at MGM Grand. Another $100 for fish and chips at another place. I’ve stopped going to Vegas except for concerts.

[@jahikin]

@@devamail1 member of all vegas casinos. Used to be "free" food and free drinks. Could always still buy at restaurants just like free drinks can still be bought at bars. Now just zero free food options to go with the free drinks lol

[@nemasis3134]

Ive been kicked out of casino using martingale on black jack and roulette. They dont like it when your good at it 🤣

[@litojonny]

interesting story on Terrance Watanabe, he was accepted by casinos with open arms and he lost 200 million

[@user-sf9gs2pg1b]

That’s insane. Idk them, but I hope they still have enough money to live whatever lifestyle they’re used to.

[@rosemaryhope911]

Yes this is true. I work at a casino. And as an employee I’d I use my players card I will not hit anything at all. They stalk you. Camera every five feet and inside the machines. If a machine is ready to hit they will clock it at any means and open for specific special higher vip members. And also this place is on the reservation which adds more problems. Working there is very different however it is the best job I’ve had best paying and nice so you don’t quite on them. Down side is if you aren’t part of the tribe you have to warrior up and stay on the right vibration or they will gaslight you. They took on council and with that comes unwanted demons or better said, negative frequency and low vibrations.

[@69hunter55]

Corey Taylor is ventriloquist gambling master now.

[@joshhh92]

😂 I’ve beat the system then… last Vegas trip I finessed the slots and left with $300 more

[@mikaelamanzue4675]

I never understood gambling or the people who are addicted to it.

[@o-zone1217]

Him: they'll always win no matter what. Indonesian online gamblers: I heard nothing.

[@shelly7909]

Yep definitely so true and the biggest gambling place is the stock market,

[@BigThangs]

Not if you buy index funds

[@jacobishii6121]

How is this a surprise this is commonly known..... Shopping malls do the same thing,so does Amazon,Wish,Wayfair etc etc etc

[@missunderstood4246]

I don't know much about Casinos but I don't doubt what this person is saying about such a toxic industry.they rely on losers to survive.

[@user-sf9gs2pg1b]

Consistent winners actually get kicked out. I saw a video of it before, guy won fair and square, they wouldn’t even give him the money before kicking him out. Professional gambler. I seriously don’t get why people even go to casinos, I understand gambling in addiction is a thing, but like, there has to be somewhere else to gamble that isn’t literally impossible to be a consistent winner.

[@MagicalIsadore]

Running a business. An art one, no less. I have a gambling tendency and decided to do this. The gains are way more real, and losses are real lessons instead of coincidental gimmicks. Everything that I make is like putting a coin that can't be lost in a new machine.

[@picies2020]

The 1st time i went to vegas as an adult i tried to play the machines just to see what the big deal was.... i lost 5 bucks.... it felt like id been robbed... so i go to vegas but for the shows, entertainment, alcohol and food. Never to fucking gamble!

[@MayerClassicTheater]

Im 28 and have only been to a casino once when I was 20. I went in with $5 and I left with $100 using only slots on Hollywood Florida Dog Racing Casino. I can still say I have never lost money at a casino 😅

[@AM-vk2yq]

Whats he talking about when he says "the risk rating turns off winners and cranks up the dial for anybody that's losing"???

[@HpHH83]

I lived in Vegas for two years and you couldn't drag me into a casino. I just never found gambling to be fun, thankfully. Alcohol on the other hand 😅

[@jtschaarsmith1325]

literally every system has become business just like that because the government is exactly that

[@BosleyBeats]

Um… duh. Gambling preys on the adrenaline and dopamine hit you get from winning; so yes, it would have this risk factor to place the favor in the odds for the house. At this point it’s pretty obvious but reports like this make the rumors and lore more believable.

[@kaigartner]

I got banned for life of online gambling 🙈😂 they even made a script to recognize my play style 🙈

[@nidodson]

Yeah, as much as i enjoy card games, casinos are a scam.

[@tamarabradshaw4799]

We have a casino in our town and we go there to see bands, have a beer maybe. It’s shiny and kinda fun to just hang out and people watch, but the zombie gamblers are just weird to me. Sitting there hour after hour, throwing their money away. I don’t get it.

[@rstanev951]

Even with the voice changer, you can still hear the Aussie accent 😂

[@kevinyakushi8945]

Used to work at a casino, aside from that, all the prostitution and drugs.

[@liam3128]

Why hide face and show hands/ring, people can put two and two together if they really need too, blur them for his safety.

[@zls786lgs]

OMG thank you for sharing sir 👍🙂

[@jacobishii6121]

I won at the casino and came out way ahead.......I never gambled a penny,I had business out of area from home so I worked during weekdays when the casino near work was empty and the nice rooms were 60$ a night which was about the cost of gas to drive home and spend half my working day on the freeway commuting.....come Friday the rooms went up to 200$ and I was checked out until Sunday night or monday

[@HM-ey3id]

Play poker. It's you VS the cards

[@WeizeBaby]

Just stop going and they would no longer be a business

[@Emmanuel-px9lk]

All what he is saying is very obvious

[@josebravo5125]

I usually only go visit Las Vegas for the entertainment. Other than that, if I have a $20 I want to risk Ill go to the machines and go for it. Ive never won lol

[@stevengreen9536]

This does not shock me. It figures the casinos did not just look out for cheaters.

[@PaulChabot]

Wowee vice! Super good investigation. Like wtf. I could have sat there without a mask and said the exact same thing. Everyone knows this information. None of this is new.

[@cycomew8581]

You should not have worn the ring and the way you move gives you away from anyone to analyze and track

[@mustertherohirrim7315]

I thought it was all a virtuous activity. You mean to tell me they're screwing us? 😮

[@alexandercastellini5741]

I realized that on my 21st birthday the first time I played a slot and it gave me a 20 dollar win. I was like ohhhhhhhhhhh. The algorithm.

[@flawless9876]

but im up 1.9k off a 55$ bet on stake

[@user-sf9gs2pg1b]

And if you keep winning, they’ll kick you out. If you’re not profitable for them over time. Usually what happens is people will lose all their winnings just because they’re up some money. There’s a guy who’s a professional gambler, he’s banned from all the casinos nearby. Consistent winners get banned. I’ve seen them literally get escorted out.

[@OfficalMrBlue]

Stake is the biggest scam of online casinos. You must work for them 😅

[@panpiskotka1207]

99% of gamblers quit before they win it big You can win up to 20000% of your money, but can only lose 100% The odds are always in your favor, as you are the protagonist If you ever get close to winning on one round, that means the next round you will win The less money your wallet, the bigger your chances of winning are

[@spoonyluv19]

This is why I only take $40 max with me into any casino.

[@LlamaWarriorMan]

Cuz u broke

[@1BuFo]

​@@LlamaWarriorMancertified L mentality.

[@suzannecooper5323]

@@1BuFo are you one of those gamblers (addicts) who claims to be “up” but gives all their “winnings” back to the casino?

[@elduderino007]

Is this news to anyone?

[@wontonschannel]

"If it's too good to be true, it probably is."

[@thelastsalvador6517]

Uh oh, the casinos have "math" on their side!

[@cashtalks6253]

How much is this goes on with online betting? I would say it’s much harder, then in casinos.

[@user-dv7hq2rh4g]

I'll never visit a casino.

[@tonyjonusas]

Vegas wasn’t built on winners

[@zacharyuhl7818]

Is this news? Casinos been doing this crap for eons...

[@marcelogauna3983]

I’ve won 700 off of 40 bucks on slots. That was my first time playing. Definitely addictive.

[@naveepenniman8649]

Im addicted. To what? Loosing money....

[@MainInternetUser]

99,998% of gamblers quit right before they win the gazillion dollar jackot 🤑 just one more gamble 😇

[@alexander_the_great_1975]

First and last time i went to a casino, I won 200 bucks on a machine. Not bad

[@luvyatubers]

You are watched and studied by trained staff. Of course newbies win on purpose. Keeps them coming back

[@PuresolFiyah]

That’s why I don’t gamble it’s a losers game

[@Dollarkat]

Well then why is it that people have told me that they did win? Over the years I’ve heard dozens of stories of people winning large amounts of money? I don’t think they’re all Fos.

[@purplefloyd1513]

Ive never grasped the concept of just so blatantly wasting your money like that. Hella pathetic

[@the_meccaneer]

I think we all knew that? Like did anyone think gambling wasn’t about losing money?

[@jackbrown5184]

A lot of people here state the obvious…. But sometimes I just like to go to Vegas and screw around on the black Jack table, get a few free drinks, an occasional cigar. Just to have a good time….

[@nolansrecovery1975]

This guy is acting like it’s rocket science. Casinos don’t stay in business by giving away money.

[@backwoodsjunkie08]

Tell me something I don't know

[@corybaldwin1151]

Who doesn’t already know this

[@zbend]

Doesn't this contradict the law of big numbers that casinos are built upon? If you are winning they want you to keep playing so you lose, was this guy the janitor cause he doesn't know how odds work.

[@rudetux]

Source: I'm wearing a mask, trust me bro

[@lredhulk340]

Don't be naive, you all knew this already 😅

[@bigfootclouds]

I’m pretty even on the casino honestly

[@mrdavemo]

Someone is surprised by this? News flash: casinos WILL make money, and you're a dope or an addict if you think you'll win in the long run.

[@phaZed9]

Well, yeah. And Water is wet.

[@TheGuniverse2k]

Went to play in the casino once we walked in the guy put a 20$ in the slot won $100 off top (I have bad financial anx so lol) after that he lost it all so quickly I'm like slow down ahhh lol I did not like it at all

[@NaturesBetter]

Always max bet $5 or more. Don't be scared 😊

[@Jamezy316]

lol $5 or more 😂 max bet should be $200 minimum

[@cconnon1912]

Gamblers want to believe. They have faith in what they are doing. Like a religion. Casinos see them from a thousand miles away and lead them right to an ATM. 😅 Gambling is a dead end.

[@TroyMartins1984]

The House always wins

[@joeg5414]

doesn't everyone know this already?

[@massakidi]

I assume everyone know that

[@danielblyth2841]

Most know this

[@jackbrown5184]

People in the comments, act like that everyone who goes into a casino is expecting to win money 😂. I know damn well I’m going to lose money… I still gamble though hahaha

[@markdriscoll8119]

We finally found the real captain obvious!

[@nhiavue1]

So what you are saying is that casino or any place where there is gambling doesn't want you to win? What? Who would have thought? 🤣

[@OldSlyEyes]

and yet people still gamble lol

[@hanscombrinck1481]

You don't say.