Wins And Losses Of Casino Gambling

Gambling is a form of entertainment that involves the extensive use of money as betting instruments. While it can be entertaining as well as enjoyable, indulging excessively in the game can be dangerous, especially when the money involved is already one’s lifetime savings after years of hard work. This is especially true when the form of gambling that one indulges in is that of casino gambling. Needless to say, casino gambling has some good and bad effects on a person.

In some countries, especially in those areas where Islam is the prevailing religion, casino gambling is strictly prohibited. Religious authorities in these countries generally frown upon this game of chance basically because of the perceived social costs that it inevitably brings.

However, in a number of countries, especially those which are highly-industrialized, casino gambling is a legal business venture, although certain regulations or limits are often set. This is because the game is a double-edged sword. It gives you the opportunity to double or even triple your money. At the same time, however, when you grab that opportunity, you unwittingly also give the game the chance to take away some,if not all, of your money.

The stakes easily become higher in the case of casino gambling. In this form of expensive entertainment, there are usually only two ways to go – either you get to double your money or you lose all of it. This is not just small money, the amount involved usually run in the thousands. Casinos operate on the basic premise that it allows you to have a crack at their money, but at the same time they get to have a shot at yours as well. Who gets to go home as the winner at the end of the game depends on how you will play the game which will have to include the amount of money that you will be willing to place on the betting floor.

This is not to say that casino gambling should be banned altogether. The game as well as its concept has been with us for decades. Perhaps the game has gone on even for centuries. Another thing, as a form of entertainment, it still has its own share of beneficial effects; relaxation being the prime consideration. The key to successfully playing the game is simply to handle it with the proper attitude.

Gambling to be an effective means of entertainment should be approached as simply a game and nothing more. Of course, the aim is to win if possible. But at the same time, a player should not totally discount the possibility that one could also lose. And losing means giving away only the amount of money that you can afford to lose. This is essentially a good strategy, especially when it comes to the issue of casino gambling, where the betting stakes are higher, in which case a planned betting method is recommended. This will include discipline, which basically means having the ability to control yourself, especially when losses start piling up and the winnings that were accumulated in the early games start dwindling because of your casino gambling.

Casino Launches New Free Bonus

Casino Par is making it easier than ever to stick your feet in the online gaming pool. Why do you need to put up with the smoke-filled rooms, the crowded tables, and the exorbitant prices, when you can enjoy the skills and challenge from the comfort of your own home? At Casino Par, you can play dozens of casino games, benefit from cash-prize winnings, and even receive free chances to play just for signing up.

With the new $100 Free No Deposit Bonus, the risks are lower than ever. If you have never joined the online gaming world, you can break through without even having to provide the initial upfront investment. However, before you take the step, make sure you have read and understood these bonus requirements as well as what to expect from the promotion:

Due to the size of the bonus, and your increased chances at winning, only one account is allowed per household.

With thirty times rollover and thirty one active days of betting at least $5 per day, this means you will have plenty of chances to improve your skills and make online gaming a continually more profitable experience.
You can expect a maximum payout of $50.

The following games: roulette, blackjack, craps, baccarat, or pai-gow poker will not be used in the rollover.
Payments are made every day, and the next recipient could very well be you. Expect payment forms through money bookers or Western Union for clients in the United States.

Got an E-mail address? It must be validated for participation.

Due to jurisdiction requirements, players from Poland, Ukraine, Turkey and Argentina may not qualify for this bonus.

We welcome participation from Spanish players, and invite as many Spanish-speakers as possible to participate. However, we are only able to distribute rules in English.

While the bonus does provide a risk-free means for you to participate, only the winnings are cashable.

Casino Par launched this initiative to encourage more onlookers, who in the past have been curious to participate in online gaming to take that step. Seasoned pros are also welcome, and the No Deposit Bonus is the perfect way for everyone to satisfy their curiosities without having to put anything on the line.

And one of the key benefits of gaming at Casino Par that will keep you coming back is the variety. There are over 24 slot machines, 35 live poker and electronic video games, and 16 popular table games. Whether you are in the mood for roulette, craps, or blackjack, there are familiar games that will have you accustomed and ready to win in no time.

So break free from tight regulations and cramped quarters. The games you love at the casino are all available to you online with real stakes, where you can win real money. And to get started, you do not even have to cough up one dime of your own funds. Casino Par’s bonus program handles it for you, so you can get back to the business of winning.

Information About Free Casino Slot

Most people believe that the slots are the worst bet there is in a casino. This is because earnings are not as high compared to other casino games. Some people say that this is the very reason why the slots are the favorite game of new casino players and women.nnBut this assumption is not true ? slots are not the worst bet, even when we are talking about free casino slot which can be played online. There are actually a lot of casino games which have higher house edge and lower payoffs.nnMost free casino slot machines have an average house advantage of 2% up to 15%. Looking at the reports coming from the Nevada Gaming Commission and online slots, the average is at around 8%. Now, here\’s a list of casino games and the corresponding average house advantage;nnBaccarat (tie bet): 14% Casino War (tie bet): 18% Craps (any):11% Sic Bo (depends on the bet): up to 33% Big Six: 11-24% Keno: 25-30%nnLooking from a purely mathematical point of view and ignoring player errors, we see that casinos have a higher advantage by offering the games above. Now, let\’s consider the way the games are being played and if a player is playing properly. Many games offer a low house advantage only if the game is being played properly. So if you love poker, you ought to know what kind of poker your favorite casino is offering. The better you are at a game, the higher your chances are of winning.nnThis is not true when it comes to free casino slots. Slots are so simple that the chance of making a mistake is so low. According to most \”Slots experts\” playing the maximum bet is a great idea since you will surely break even when you win – this is because no other game in a casino has a higher bet to win ratio than that of slots. Sure, you might not win every time you play free casino slot but you will always have a high chance of earning good money for a relatively low bet.nnNow let\’s talk about entertainment value – the very reason why gambling was invented in the first place. The penny slots you find at pubs and bars now have an online counterpart, and it also offers hours of entertainment – yes, this is true even if you have the smallest bankroll known to man. There are some free casino slot which offer bonuses and video slots have even more features that will keep you glued to the edge of your seats.nnSo, back to the question: are slots the worst bet in a casino? Well, if you want to get rich, then slots is certainly not the game for you. But if you are looking for entertainment and a way to earn a small amount of money, then slots are your perfect choice. Remember, however, that casino games are all games of chances. Don\’t go playing a free casino slot expecting to get a thousand dollars. Just try to relax and enjoy, who knows, you might just get a bonus.

Secret Formula Of Black Jack Winners

When someone plays a game, they play to win. One of the many simple games at the casino is Blackjack. For those who don’t know how to play the game, it’s always best to start by learning the basics.

When playing Blackjack the most important feature to remember is that there are four times as many cards that have a value of 10 (10, J,Q,K) as any other value. With this information, one must always assume that the next card to be drawn from the deck has a value of 10.

By keeping this in mind, one may realize that if one has any hand that has a value over 12 one will likely lose or in blackjack terms bust (go over 21). Likewise if the dealer’s card is a 2-6 it is likely to draw a 10 card which means he will have to draw again, likely causing him to bust.

Another way to make the odds more favorable to the player than the dealer is by counting cards. This of course requires many pages and charts that must be memorized. Having a professionally written guide is very helpful and there are many different authors that have different styles and different counting systems. It’s always best to get more than one opinion to find out which style works best.

Practice makes perfect. By investing time and money with online training software learning the game, it will eventually pay off at the casino.

Upon entering the casino, one must choose the right table to play at. When one observes that the players at a table seem to be winning a lot, it is a good time to join in the action. Likewise, if you notice the dealer has a lot of chips and the players seem to be doing more losing than winning, then look for a better table.

Reward the dealer by tipping when one is winning. If the dealer knows he will be tipped when the players wins, he may begin rooting and actually do subtle things to help such as performing less thorough shuffles and penetrating deeper into the shoe before he re-shuffles thus allowing the player to get a more accurate count of the cards.

Though if the dealer starts losing too much money for the casino the pit boss will likely change dealers.

Although it may be impossible to find the perfect game, one should be familiar with how certain house rules affect the player.

Keep in mind that as a rule of thumb, the fewer decks the casino uses the more advantageous it is for the player.

Casino Games And Mathematics. Part 2.

Thorp managed to find out that owners of gambling houses gave their officials rather strict directions with regard to the strategies which they should stick to in the game with visitors. Control over fulfillment of these directions had its initial aim to prevent from a frame-up of a croupier with the rest of the gamblers, a chance of which could not be excluded. Assigned for a croupier strict rules determining his game strategy really substantially reduced a probability of such a frame-up, but on the other hand, allowed an advanced” gambler to rather adequately reveal the essence of this strategy and effectively oppose it. For unlike a croupier a gambler needn’t show the first of the received cards, as well as isn’t enchained by any strict rules as regards his strategy, that is why flexibly changing his behavior he can confuse a croupier. For example, Thorp found out that practically in all gambling houses of Nevada State croupiers were strictly ordered to keep away from a widow in case the amount of points in his cards exceeded or was equal to 17, and a player, from our mathematician’s point of view did not have to miss an opportunity to make use of the knowledge of even some aspects of a croupier’s strategy for achievement of his aims. Thus, those advantages which had an official of a gambling house from the start (as we already know, he is not obliged to open his cards at the end of the game), can be compensated to a certain degree for the knowledge of a player about the strategic “tunnel vision” of a croupier.

Besides, as has been mentioned, Thorp, while building his strategy presumed that cards were not often shuffled, in particular, if after finishing of a regular game there were still cards left in a pack, a croupier did not collect the thrown-away by the gamblers cards but dealt them anew (and the next game was played), and only after complete exhaustion of a pack, an official of a gambling house collected all the cards, thoroughly shuffled them and a new cycle” began. Naturally, if a gambler had a good memory he could change his strategy depending on the knowledge of the cards which had gone out of the game, and what cards could still be counted upon. It is important to remember that a croupier himself who was to strictly follow the directions of the casino’s owners practically without changing his strategy!

Thorp set himself a task to formulate the rules which would allow him to calculate probabilities of taking out one or another card out of an incomplete pack. Knowing these probabilities a gambler could already with reasonable assurance draw cards from the widow without being too much afraid of a pip out”, and besides, on the basis of the knowledge of some aspects of a croupier’s strategy to make suppositions about those cards which he had, and other gamblers as well. Naturally, as a gambler was to make a decision with regard to a widow very quickly, the sought rules for calculation of probabilities were to be rather simple for a gambler to be able to use them in mind” with the help of neither a calculator, nor a pen and paper (even if we suppose that a gambler will be given a chance to do calculation on paper, it will certainly arise suspicion). Edward Thorp managed to solve this mathematical problem having created rather simple algorithms for calculation of probabilities of taking out of one or another card from a pack, and using them to build a strategy of the game of twenty-one which would not be very complicated, allowing a gambler to considerably increase his chances of winning!

As the Hungarian mathematician A.Reni states after a few days of presenting his report on the obtained results at the meeting of the American Maths Society in 1960 in Washington Thorp received from a businessman a letter with a check for 1 thousand dollars intended for checking of a winning strategy in practice. Thorp accepted the check and having learnt the formulated by him rules left for Nevada to try his discovery. The trial went well: less than after two hours Thorp won 17 thousand dollars.

Needless to say, the owner of a gambling house didn’t share Thorp and his companion’s delight with regard to a successful comeout of the trial and the next day did his best to prevent Thorp from joining in the game. Later on Thorp tried to penetrate into other gambling houses, but the news of him had already spread far and wide, so that the doors of all the gambling houses appeared to be closed for him. Several times having adjusted a fake beard or having got a make up of a Chinese, Thorp managed to get to the gaming-table, but in any disguise his constant gain invariably gave him away. Thorp had to refuse from further checking of the strategy developed by him”. Though “additional checks” were necessary” only to enrich the pockets of the talented mathematician. One could hardly doubt that E.Thorp managed to create a real winning strategy!

However, since he could no longer benefit from his discovery himself, he decided to render welfare assistance” to his colleagues having published in 1961 a small article in an American academic journal (Thorp E.O. “A favourable strategy for twenty-one”, Proc.Nat.Acad.Sci., 47, 110-112, (1961)). And despite the small size of the article and, consequently, an extremely condensed form of persentment, made it comprehensible for rather a narrow group of professionals, one can be sure that a number of American scientists and their friends certainly “improved” their material situation (owners of gambling houses were unlikely to read scientific magazines at that time).