Is it a coincidence that the benefits of casino tourism are more likely to be perceived by the decision makers i.e. those who don’t live and work in the immediate casino vicinity? It does appear to be true when it comes to disreputable forms of entertainment like casinos and brothels. No-one minds them too much as long as they are not in one’s own back yard. Unfortunately, local residents don’t often get the choice.
The perceived associations with casinos are the rise in crimes like drugs, prostitution, robbery and assault. In Mississippi, it was reported by Giacopassi and Stitt that whilst robbery and aggravated assault have increased, other crimes such as rape and murder have decreased.
According to Perdue, Long and Kang, a higher population also leads to increases in the cost of living, traffic congestion, driving hazards and noise levels. Whilst this may be true, the same could be said of many new attractions.
And even if one couldn’t think of any valid objection, there is a pervasive sense that entertainment such as that provided by gambling and casinos, is that these activities are antisocial and anti-family. Gambling can also be addictive so one could argue that every dollar spent on the blackjack table is a dollar that could be better spent feeding one’s children.
Casinos offer gamblers the opportunity to take risk of their money and in case of luck to leave the casino with a considerably large sum of money. But it is not the exception that, while playing games you can both win and lose. However it can seem to an experienced player that he or she loses more, than wins. In reality it is difficult to meet people who assume that they run a surplus after a long session of games at casinos. Why does it happen so? Why are so many people unlucky, while playing at online casino? Maybe, are there any secrets in the world of gambling we don’t know?
Remember that there is nothing bad in any casino and luck has nothing to do with your losses or winnings. The reason for that each casino beats the player is that the majority of casinos has the house edge. In its nature the house edge means that the casino has a little bit more chances to win, than a usual player. For example, when you are playing Blackjack, the probability of dealer’s winning is slightly higher, than the player’s. Even if you play according to the basic strategy, the dealer will have an advantage in any situation. The same can be told about other games of Online Casino – Craps, Roulette, Keno, Slots and so on.
If you can think logically, then it is quite pertinent to make a conclusion that there is no sense for the casino to offer games where the playing organization loses during the long period of time. That’s why if there was any drain of money from the playing organization, the casino would make some corrections into rules of games to get the advantage again, otherwise this game would be immediately removed from the turnover.
All online casino players know that there are two kinds of game. You can divide them into those games you like and those games you don’t like. In any case the world of games is divided into two categories: games that require skills and games that depend on luck (games of chance).
Games of chance: Traditionally, games of Luck are baccarat, craps, Roulette, slots, keno and bingo. Whatever the game is, there are two rules, applied to any game of chance: firstly, casino always has a house edge (sometimes it is not very large), secondly, the only thing that a player can make is to predict the future.
You play in games of chance against the house edge. Some games, as Craps enable you to decrease the house edge to the minimum, if you know what to do. Other games like Baccarat are specialized on the simplification of decisions, and the result is purely the will of chance. Each game is, of course, unique, but you can improve your state of things, having thoroughly learned the game. Let’s take, for example, Baccarat. You can suppose that bets on the player, banker and drawn game are equal. But it isn’t so. The bet on a drawn game gives the house edge of 14%, while bets on the player and the banker decrease this number by 2%. You can make your own choice, but it is clear that games of chance are full of bad bets. But the clever player learns the game attentively in order to avoid bad bets.
Games that require special skills: Blackjack and different variants of poker are traditional games of skills. In these games it is better to know the game and your chances for winnings will be higher. Winnings in these games demand mathematical skills and good memory; as a result you can decrease or even eliminate the house edge. Casinos have the biggest house edges against those players who don’t know how to play properly. Of course, it is much simpler to guess, than to remember complicated strategies and casinos hope that you choose the simplest method and put money into their pockets. But if you know the game very good, in other words, you reach the definite level of skills, the house edge will be significantly lower. A good player will play by the house edge of less than 1%, while a loser will suffer from big losses.
When it comes to the choice of online casino, it is necessary to be absolutely sure of your choice, as today there are hundreds of online casinos in the Internet. Of course, each player has its own demands that he makes for the online casino.
This article provides the information not about our favorite games, but about the choice of online casinos: where it is worth playing and where it isn’t. By the way, by playing in online casino, you play for your own money and it is very important where you play.
We should say that exactly large playing organizations are inclined to carry out the honest online-game. For example, there are a lot of fraudulent online casinos among more than 2000 sites. And no one such a fraudulent site can be called the respected playing organization because of its reputation among players.
So if you want to know, which online casino is worth trusting, the best way to answer this question will be the following: Always adhere to the play at large online casinos. Try to play in those casinos that are included into the largest nets of online casinos or even play at the stock exchange. And the history of such casinos should be more than five years. We cannot say that minor casinos are not worth trusting. However it is always better to make a mini-investigation about the state of affairs in such casinos before putting a deposit into it. Determine which developer of playing soft has given a license to a new casino. The largest software developers like CryptoLogic, Playtech or Microgaming are too cautious when they give license for the organization of games with their software. Try to play at that casinos that use this software and your chances to be deceived are equal to zero.
What are other reasons why you should play at online casinos? Well simply, Online gambling sites give you must better odds of winning at their games then land based casinos. This is because online casinos only have a fraction of the expenses that their land based counterparts have . Internet casinos do not have a huge building to pay the mortgage for as they are in cyberspace and they just need larger enough dedicated servers to handle the influx of traffic coming their way. Plus they do not have a huge electricty bill or machine repaires to pay for. The employee count is also much lower. All of this translates into higher profits for the online casinos which they will pass unto you by giving you a much higher payout on all of their games. There is no comparison in any way between the 2 and that is why online casinos are growing at a double digit clip and places like Las Vegas are experiencing a downturn in business.
Review Of Gaming Software
Gaming software is a critical component of any casino gaming system, without comprehensive and reliable gaming software there can in fact be no online casino industry at all. Gaming software is also important for a number of other reasons and these reasons relate to among other things fair play and online security. As far as fair play and casino fairness is concerned online casino gaming software plays a pivotal role in determining just how fair an online casino actually is, for example, the use of independently audited random number generating software is essential and any reputable casino should be able to display established software fairness credentials on their website.
Independent auditing is a complicated and thorough process, a given casino will be audited for fair play via random number generator software applications, pay out percentages based on a monthly average, pay out minimums, back end operating systems as well as other key casino operating factors. There are a number of different independent auditing firms which the online casino industry uses in general, these include TST or Technical Systems Testing, Price Waterhouse Coopers, eCOGRA, Certified Fair Gambling or CFG among others. Another trusted website is Player Casino, which has been accepting players fromSouth Africa for over 10 years.Any reputable casino should be displaying the logo or acronym of at least one of these independent auditing firms. It is a good idea if you are considering playing at a casino to ensure that their gaming software is powered or provided by a reputable and large gaming Software Company and also displaying one of the above mentioned independent auditing firms.
Online casino gaming software also plays a very critical role in the look and feel of any particular online casino game, choosing a casino with a reputable and well known online casino gaming software provider will guarantee that your online casino experience is the best it can be, online gaming providers are responsible not only for the audio and visual quality of a game but also the fairness of the game as well as online security aspects.
It seems to you that you know very well how to play at Blackjack and be successful in it. But the reality indicates at other things. A lot of mathematicians count several variants that are used by Blackjack players. And look at the result:
– Never to surrender: the player, buying in, thinks that he gets 10 points. As a result by 12 points and higher the players don’t buy in. This strategy increases the house edge till 4%.
– Repeat the dealer’s actions. The player plays according to rules of the dealer: he or she buys in till 16 points. In such a situation the players loses the possibility to double up and split cards, as a result the house edge increases till 5, 5%.
– The dealer has a closed 10. The player thinks that the closed card of the dealer is a 10, that’s why he or she buys in till 19. Such a strategy deprives the player of 10% advantages.
Counting cards: Blackjack offers players the unique chance to move up from the house edge to the player’s advantage i.e. to increase the expected value higher, than 100%. Such an opportunity is based on the idea that the pack, full of 10-s and Aces, is profitable for the player (there are more chances of dealer’s getting bust). Thus, if in the beginning of the game a lot of small cards have come out of the pack, then chances of players increase.
Card counters always wait for such a possibility. They count cards that have come out of the game and if they see, that in the pack there are still a lot of pictures, begin to increase bets, trying to make profits from high expected value.
But such a theory can also lead to failure, as at online casino the pack is always mixed after each deal or the endless pack is played.
In this strategy the bank interest is not fixed and it depends on the correct determination of the event probability. Kelly’s criterion doesn’t permit bankruptcy, because it determines sizes of bets, depending on your cash. There is no risk of getting full bankruptcy. But the criterion demands proper evaluation of your chances for each event. According to this condition we get the optimal size of the bet, while using the next formula:
(Coefficient * prediction) – 1 / (coefficient -1)
For example, your bankroll is $10000, and the sum of event coefficient is 5.00, then your prediction will amount to 0.25 (25%). The result is 5.00 * 0.25 – 1) / (5.00 – 1) = 0.0625. This means that we should make a bet of $625 (0.0625 * $10000).
The main advantage of this strategy is that by decrease of the bankroll, less money is lost i.e. by your average bet of 10% from the bank, having lost 6 times in succession, you will have 48% from your initial bankroll.
But Kelly’s criterion cannot lead you to large profits. Your bankroll will grow only per 5% from your proper determination of the probability. If you set a goal, finish the game after you have achieved this goal. Only in such a way you can understand that your money has been earned. Many gamblers use the Kelly’s formula, but they consider it to be rather risky as it demands the proper evaluation of events chances. If you overestimate your chances, there is risk of losing your money, because the size of the bet, calculated according to the formula, will be rather large. You can use Kelly’s formula only for calculation of that how much you should bet on the game 2 in comparison with the game 1.
Out of all online games, available in the Internet, Craps gives passionate lovers of these game better chances for winnings. The casino doesn’t take interests from some bets and that’s why it is obvious that by playing Craps you can win more money, than in other games. By the way, the probability of winnings is quite high, this game is going on very quickly that it is in its own sense a very intensive and exciting process. This game can not be found in all online games. From the point of view of computing it is one of crafty online games.
The main bet in this game is the so called bet “free odds» that can be made after the bet “pass line”. Its name comes from the fact that the casino doesn’t collect interests from this bet. But whatever happens, you should first of all make a bet on pass line, which interest is 1.14. When point is established, you can make an additional bet that is equal to bet “pass line” in order to win back the last bet.
For example, if you bet $5 on “pass line” and the established point is 4, you can bet $5 in the form of additional bet. For this purpose click the field “pass line”. If 4 drops, you win both bets, where the additional bet is paid in the proportion of 2 by 1. The sum, received from the additional bet, depends on the established point (some numbers have more chances to come out). If the established point is equal to 4 or 10, the bet is paid as 2 by 1, if it is equal to 5 or 9, the proportion of payment is 3 by 2 and if it is equal to 6 or 8, the bet is paid as 6 by 5.
Players have 4 bad habits, and each habit separately from others can guarantee a loss even before his or her beginning to play.
1) An attempt to win back. The following proverb can explain everything “The father didn’t beat his son because the latter had played, but he beat his son because the latter had tried to win his money back”. Players who want to return their money are the best friends of casinos. Remember that you play not only for entertainment, but also for the purpose of winning money. Before beginning to play establish the limit of losses that you can afford and also the expected size of winnings and try to adhere to these limits. If you are not lucky today, switch your computer off and try to play, for example, tomorrow.
2) Intuitive bets. The second name of intuitive bets is the bankruptcy. Intuitive players ignore the theory of probabilities and make bets instinctively. In such games as Blackjack where optimal strategy exists, it is necessary to follow it. Each time when you deviate from the strategy, because you feel which card should come next, you increase the casino’s winnings.
3) Revengeful bets. If you begin to make bets rashly that exceed your bankroll after the succession of losses (i.e. if you try to use Martingale) to teach the casino, your revengefulness only makes worse the whole situation. Remember: the only lesson that the casino knows very well that it always has winnings. That’s why just relax and stop worrying.
4) The loss of concentration. It is often heard that a player doesn’t remember how he or she has managed to lose all money for one evening. The games excite so much that it is not difficult to lose mind and begin to take wrong decisions. The loss of concentration is likely to be the main threat for a player. Be attentive, entertain yourself, but if you feel that you lose your mind, quit playing at once.
We have not seen a phenomena like online casinos since the internet craze first hit the stock market. Online casinos are websites that allow everyone over the legal age to gamble online. Online casinos first hit the scene in the mid 1990’s when a company called Internet Casinos Incorporated or as it was commonly known ICI came out with their online gambling website that had just under 20 casino games available for gamblers hungry to give this new internet gambling crazy a try. ICI cemented itself in the online gambling world as a solid online establishment to play at and had top level security and payouts. ICI is still here today and going strong. Many online casino establishments today are based outside of America because of the new laws passed which make it very hard to send and receive banking transactions for online gambling.
Now that we have gone through a little of the history of online casinos, we will go through why they have become so popular with gamblers all over the globe. First of all with an internet casino you basically can sign up to gamble in the comfort of your home. With a land-based casino you need to drive far away, pay for valet parking and then deal with all the noice and second hand smoke that will make you cough and smell bad all day long. Also with an online casino you do not have to pluck down hundreds of dollars for a plane ticket and experience jet lag when you get there. When you are gambling at a land based casino you also need to pay for a hotel stay of around 3 days to a week which will also put you in the whole hundreds of dollars.
At a land based casino you probably will be down more then $1000 before you even place a single bet. With an online casino you just visit the gambling website, register an account and transfer money easily into your account and you are ready to gamble. If your the kind of person that likes the live action scene online casinos also have live gambling feeds where you can sit down at a blackjack table with a real dealer on the other side of the camera and also other gamblers from all over the world. This way you get all of the excitement of a land based casino without all of the hassles. Plus online casinos have developed their software to the point that they have come out with the very popular I-Slots internet online slot machines which basically puts you as the lead character within a movie and every bet you make changes the outcome of the movie in some way. Internet casinos have come a long way since 1995 and this is why it is one of the biggest businesses in the world.