Did you know that in 2008, 24% of Americans had been to a casino? And two out of every three had at least some college credits or an associate’s degree? Almost every gambler is aware that the house edge is the casino’s average profit. The longer you play, the higher the house edge, and the higher your chances of losing money. So, why play? Read on to discover more about the house edge and how to reduce your risk of losing money at the casino.
In 2008, 24% of Americans had visited a casino
More people are gambling online than ever, and the latest study shows that the vast majority of American adults have visited a casino at least once. In 2008, over 24% of all adults had visited a casino. More than half of these adults preferred playing slot machines or other electronic gaming devices. Almost a quarter of those surveyed preferred blackjack or poker. Nearly 6% of respondents chose roulette.
This study included questions about whether participants had visited a casino in the past year, attitudes toward gambling, and how often they visited a casino. The study also included a standardized tool for assessing the risk of pathological gambling among this population. The survey data were then analyzed to assess relationships between the two. The findings suggest that more people are gambling than they may initially think. And the more people gamble, the more likely they are to develop gambling problems.
In 2005, a National Profile Study conducted by Roper Reports GfK NOP involved face-to-face interviews with 2,000 US adults. Approximately 57205 adults responded to the U.S. Gaming Panel survey, indicating that approximately 24% of Americans have visited a casino at some point. Further, a study by Harrah’s Entertainment found that the typical gambler was a 46-year-old woman who lived in a family with a household income above average. The study also revealed that older Americans are more likely to visit a casino than younger adults.
In 2008, 28% had some college credits or an associate’s degree
The percentage of college-educated casino patrons is also rising. Nearly half of American adults, who are at least 25 years of age, visited a casino in 2008. This trend is in line with the increasing number of people earning bachelor’s degrees and graduate degrees. As a result, the average age of casino patrons is rising as well. But how much of this trend is driven by the fact that Americans are more educated than ever before?