How Casinos Win Your Money

Most casino games are games of chance where the draw results are simply a probability value among all the possibility. Theoretically, the casino and the players should have the equal chances of winning; but, are you aware that casinos are making most of money from their players and majority of gamblers are losers? What actually make casinos the long term winners and consistently earn the money from their players? The 3 key casino’s winning factors are: house edge, maximum limit and psychology factor.The House EdgeThe key factor that helps casinos make a lot of money is the mathematical formula behind it. The mathematical advantage of casino enjoys over the players is known as “the house edge”. With the house edge advantage, the casinos are able to calculate their expected revenues, the money that the casinos will surely win from their players in long run. The higher the house edge value in any casino games, the more money will go to the casino. For example, the Sic Bo Big / Small have house edge of 2.78% which means in the long run, the casino will win the 2.78% of the money bet on the Big/Small in Sic Bo game. If you play at game with house edge of 5% versus 2.5%, meaning that you will lose twice as fast as in the second game.The Maximum LimitIn any casino games, it is very common to have runs of 5, 6 or even 10 consecutive outcomes of black or red, high or low, even or uneven; but it does not happen in any casino in the earth to have 50 consecutive equal outcomes. If you bet on red in roulette and the outcomes are black in the consecutive runs, it will turn into red finally. This mean that if you have sufficient fund to double up your betting using the technique called Martingale, you will finally win back all the money you lose plus one chip. Now you see why casinos want to set a maximum limit in all games. This is to ensure the Martingale techniques does not work even you have sufficient fund to double your betting after every loss. If you apply the Martingale technique, you will finally hit the maximum limit of the table and it stops you from double up your betting. The maximum limit is the winning strategy for casinos.Psychology FactorsDo you notice that players who win money want to win more? That’s why they do not want to leave the table until they lose all their money. Do you also notice that the players who lose money want to win back their money in the shortest time, if possible within a few draws? That’s why they are increasing their betting size every time they loss until that lose all their money.Although all gamblers try to become the smart players, they have their own betting strategies trying to win as much money as possible from the casino. In fact, no one want to lose money to the casino, instead, most of the players want to get rich by winning the money from casino.In actually fact, their betting strategies may get them win initially, but they become greedy and forget about all their betting strategies that may required them to leave the table after specific number of runs; what they do is continue bets without following their strategies anymore. They will regret about their greedy behavior after they lose all their money. This is the psychology factor that makes the casinos the winners in long runs.SummaryCasinos are the winners in the long run as they enjoy advantages in term of house edge and maximum limit set for each game. In addition, the psychology behaviors of the casino’s players have put advantage to the casino to win the money from their players.

Land Based Casinos Vs Online Casinos

There is a growing debate between the popularity of land casinos versus online casinos. While the basic format of the casinos is the same, the debate comes when choosing a casino to suit you, the player. Choosing the type of casino is a difficult choice, but once the type of game has been decided, there are several points to note on the different casinos.The slot machines are the key to deciding on the better type of casino, as they give a good indication of the level of game play in the casino itself. While the slot machines themselves are similar, in that you insert the coin and pull the handle, hoping to match the symbols to win the prize, the differences are many, and it’s important to understand these differences when making your decision.The payout of the machines has a large impact on the decision. A land based casino has a considerably smaller payout percentage than an online casino. This is mostly due to the overheads that the land casinos have to pay out to run the casino. For example, they have mechanics, waiters, cleaners, and dealers, and these are paid through the house profits of the machines. An online casino usually only has a few workers that require payment. In this way, the payouts are generally higher, and will entice a larger customer base due to the increased rates.The larger customer base of the online casinos largely attracts more customers. The more people playing the machines at one given times increases the popularity, thus making it seem as though there is an advantage to playing the slots at that particular casino. There are so many online casinos that each site has to offer the best service in order to keep your custom. Land based casinos have no real need to do this, because the chances of having another casino in the same city are quite small, and people rarely want to travel a long distance to find other slot machines.If you do decide to travel to another land based casino, it is important to be aware that the casinos may have dress codes, or other rules to follow that may be different to the previous one you visited. An online casino is a great way to sit in the comfort of your own home without having to worry about what to wear, or what to eat. It is up to you to decide how you spend your time, and your credits whilst playing for the top prizes. It is also possible on many online sites to chat to other users via a chat function, so that you still have the interaction with other players.It is easy to fall for the gimmicks that can be put up on certain casino sites, making it impossible for you to win any prizes. Sometimes, the lack of winnings could be down to the player not being used to that particular machine. In a land based casino, it is therefore wise to play at a number of different slot machines to find the right one for you. However, this could prove costly, and you could end up spending your money before you’ve found a machine that works for you. With an online casino, there is always a section where you can either download a trial version of their machines, or enter a java page. This enables you to play the slots for free, and implement any strategies you have before playing with real money.There is a worry that using your own money is not safe with an online casino. Credit card fraud is a common crime, and it is wise to be wary about giving your details over the internet. To ease your mind, casinos use a secure server that transfers any money quickly and easily, and generally doesn’t store any personal information where it can be accessed by other users. Confidentiality is a major factor when creating an account with these sites, and the owners of the casinos understand that in order for you to keep playing their wide range of games, they must stick to their own rules.When thinking about the wide range of games, a land based casino doesn’t offer the same variety. Mostly this is due to space in the room, and the cost of having many different machines. There is also the fact that only one person can be playing the same game, so there may be an empty machine in one area, and a queue in another. Because an online casino deals with the software for a certain machine, there is no limit to how many can play, and there is an unlimited amount of space to have a wider variety of machines.To entice customers to play their games, many casinos offer many bonuses. A land based casino will typically offer bonuses such as luxury holidays in the form of hotel visits, cruises or plane tickets. These are offered with the requirement of obtaining a certain number of points or wins, or for being a member of their casino for a given length of time. It is sometimes difficult to obtain these points, as there is no guarantee of keeping the same machine for a long period of time to build up the points that you need for the prizes. The benefits to playing online are endless. Casinos offer similar rewards to their land based predecessor, and there are no limits to the length of time a player is allowed to use the machines. To help you with the ability to play these games, many casinos will give a player free credits, or free games to play the machines as a bonus for being on the site for a certain amount of time. Downloading software versions of the slots means that players have no time restriction, and is free to come and go as they please, and will always be able to play that particular game.

10 Casino Games to Play Online

To play casino games there is no need to get all dressed up these days. You don’t even have to leave the house, if you don’t feel like it. Casino games are available online and can be played from the comfort of your home, 24 hours a day, 7 days a week.Most of the time a one-time casino software download is necessary, when you want to play casino games online. The software is usually directly available on the online casino website of your choice.These days some casinos offer flash games which do not require a download. Personally I find the downloadable casinos more practical as you don’t have to open a browser each time you want to play. You simply play straight from your desktop.These are 10 casino games you can play online:1. BlackjackArguably one of the most well known card games in the world is Blackjack. The aim of the game is to obtain a hand combination closest to 21 as possible, without going over (busting).The 2-10 cards are worth their numerical value. Face cards are valued at 10 and Aces can be worth 1 or 11. With time you will learn the odds of your hand busting versus de dealer’s hand.It basically is a very easy game to learn how to play, and worth spending some time on as it is possible to develop some good skills which will massively increase your winning odds in this game.2. CrapsCraps is a very exciting dice game. It’s the fastest moving game at the casino tables with a large variety of betting and wagering options. Though a craps table can look pretty intimidating when you see it for the first time, but it is easier than it looks. It’s best to stick to the basic bets, as the more complex ones most of the time do not give you better winning odds.3. RouletteMostly two types of roulette are offered to players online: American Roulettes and European Roulettes. As the American roulette wheel contains an extra 00 field, the European wheels have slightly better winning odds.In this random number game players may choose to place bets either on a single number or a range of numbers, the colours black and red and the odd and even ranges. The croupier spins the roulette wheel, which contains coloured and numbered pockets, in one direction, while he releases and spins a little ball in the opposite direction on the circular track of the wheel. When the ball eventually loses its speed and falls into one of the (37 or 38) pockets of the wheel, the winning number (and therefore winning colour and number range) of the round is determined.4. Mini Baccarat Is a card game with the exact same rules as standard Baccarat, with the exception that players do not take turns being the banker. Six or seven players can be seated at a mini Baccarat table and there are 3 betting spots per player corresponding to banker, player and tie bets.The aim of the game is to get as close to 9 as possible with 2 or 3 cards dealt to each player. 2-9 value cards represent their exact face value, and 10 and face cards value 0. The score of the hand is the right digit of the total of the cards. For example, if the two cards are an 8 and 7, which totals 15 the value of the hand is 5.This is a fun and fast paced game of pure chance.5. Online Slots Online slots are among the simplest online casino games you can play. When you start the game you choose the amount of your bet (often 0.05€/$, 0.10€/$, 0.50€/$ or 1€/$ per spin) and how many lines you’d like to play. You then press the button to spin the reels.Different slot machines offer different payouts for different picture line up combinations. You can find out which pictures, and how many in a row make you win, in the pay tables of the slot machine you are playing on.6. Online video pokerVideo poker basically is a poker based slot machine. The principles of poker provide the foundation for this game, and thus the aim is to obtain any of the winning poker hand combinations.It is one of the most popular casino games today as it combines the excitement and skill of poker with the speed of slot machines and some of the highest winning odds of any casino game.7. Pai Gow pokerPai Gow poker is also called Double-hand poker. It is a version of the Chinese Pai Gow domino game, played with cards bearing poker hand values. The game is played with the standard 52 cards standard including a joker, which can be used as an ace, or to complete a straight, a flush or a straight flush. And the table is set for 6 players and a dealer.The aim is to create two poker hands (a five-card hand and a two-card hand) out of the seven cards you are dealt. The five-card hand’s value needs to exceed the two-card hand’s value.8. SicBoSicBo is another dice game that can be played online. The game originates from ancient China and involves 3 dice and a table with a variety of betting options. The aim of the game is to guess the outcome of the roll of the dice.The dice are rolled by the dealer using a special box, called the SicBo shaker, and the outcome is hidden until all bets are placed. Winning numbers and combinations light up on the table, and the dealer pays out the winning bets. True, the game board looks quite complex but the game is actually very easy to play.9. Keno Keno is a lottery type game which is very similar to the better known game called “Bingo”. It revolves around a circular glass enclosure, called a ‘bubble’, containing balls numbered from 1 – 80. Twenty of these 80 balls will be drawn each draw, while you have marked your numbers of choice on a blank keno ticket.Once drawn the computerized Keno system calculates and determines the result of that game. How much you win depends on how many of the drawn numbers you had chosen.10. Online PokerOnline poker is ragingly popular these days, fueled by the big international televised poker tournaments in which often amateur players enter and play alongside professional poker players. Check the poker bonuses on the different online poker sites as often you can win seats to enter big international poker tournaments.Poker is a card game of chance, but if you practice and develop your skills, your odds of winning will be massively increased.Different types of poker are played in online casinos, but the current favourite is Texas Hold’em. The aim of Hold’em is to make the best possible five-card poker hand using any of your two pocket cards (dealt to you face down) and the five community cards (dealt on the table face up).There are so many different types of casino games these days and most of them you can find online as well. So whether you like the adventure of going to a real life land based casino or you prefer to play casino online from the comfort of your home, all these popular games are waiting to be played and enjoyed by you.If you would like more information about casino games or you have more detailed questions as to how they are played, please feel free to contact me.