> That casinos are out to fuck you is a sensible conspiracy that no one doubts
I absolutely doubt it. Why would they even need to? Seems like much more risk and work than to just rely on negative expected values, the law of large numbers, and human nature.
1- Having each game have negative odds for the player to begin with.
2- Making it conveniently easy to deposit, but very hard to cash out, at that point compliance and KYC suddenly becomes very important to casinos.
3- Using shady jurisdictions to avoid law enforcement (Curacao, isle of man,etc...)
4- Banning players that find an edge, like in BlackJack. (Was way worse before, using physical coercion)
5- Prosecuting players that find an edge and recovering the money when they lose (see Phil Ivey's case)
I absolutely doubt it. Why would they even need to? Seems like much more risk and work than to just rely on negative expected values, the law of large numbers, and human nature.