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Games available in most casinos are commonly called casino games. In a casino game, the players gamblecasino chips on various possible random outcomes or combinations of outcomes. Casino games are also available in online casinos, where permitted by law. Casino games can also be played outside casinos for entertainment purposes like in parties or in school competitions, some on machines that simulate gambling.
Most Played Online Slots. When it comes to the world of online slots, the choices these days are seemingly endless. No matter what mood you’re in, whether you fancy a classic three-reel fruit slot game reminiscent of the good old days or a cutting-edge 5-reel, multipayline, full feature slot with bonus rounds, free spins, phenomenal graphics, digital sound, wilds, scatters and a massive. One reason for this is that they offer players all the most popular games, such as slots, roulette, poker and blackjack. Each of these games is a staple in the casino industry, both offline and online. Slot Machines: The wide variety of slot machine games available at most casinos are what draws a lot of people to them. While some people feel.
- 3Common non-table games
- 4House advantage
Categories[edit]
There are three general categories of casino games: table games, electronic gaming machines, and random number ticket games such as keno. Gaming machines, such as slot machines and pachinko, are usually played by one player at a time and do not require the involvement of casino employees to play. Random number games are based upon the selection of random numbers, either from a computerized random number generator or from other gaming equipment. Random number games may be played at a table, such as roulette, or through the purchase of paper tickets or cards, such as keno or bingo.
Table games[edit]
Common non-table games[edit]
Gaming machines[edit]
Play Online Casino Games
Random numbers[edit]
House advantage[edit]
Casino games typically provide a predictable long-term advantage to the casino, or 'house', while offering the players the possibility of a short-term gain that in some cases can be large. Some casino games have a skill element, where the players' decisions have an impact on the results. Players possessing sufficient skills to eliminate the inherent long-term disadvantage (the house edge or vigorish) in a casino game are referred to as advantage players.
The players' disadvantage is a result of the casino not paying winning wagers according to the game's 'true odds', which are the payouts that would be expected considering the odds of a wager either winning or losing. For example, if a game is played by wagering on the number that would result from the roll of one die, true odds would be 5 times the amount wagered since there is a 1 in 6 chance of any single number appearing, assuming that the player gets the original amount wagered back. However, the casino may only pay 4 times the amount wagered for a winning wager.
The house edge or vigorish is defined as the casino profit expressed as the percentage of the player's original bet. (In games such as blackjack or Spanish 21, the final bet may be several times the original bet, if the player double and splits.)
In American Roulette, there are two 'zeroes' (0, 00) and 36 non-zero numbers (18 red and 18 black). This leads to a higher house edge compared to European Roulette. The chances of a player, who bets 1 unit on red, winning is 18/38 and his chances of losing 1 unit is 20/38. The player's expected value is EV = (18/38 x 1) + (20/38 x -1) = 18/38 - 20/38 = -2/38 = -5.26%. Therefore, the house edge is 5.26%. After 10 spins, betting 1 unit per spin, the average house profit will be 10 x 1 x 5.26% = 0.53 units. European roulette wheels have only one 'zero' and therefore the house advantage (ignoring the en prison rule) is equal to 1/37 = 2.7%.
The house edge of casino games varies greatly with the game, with some games having an edge as low as 0.3%. Keno can have house edges up to 25%, slot machines having up to 15%.
The calculation of the roulette house edge was a trivial exercise; for other games, this is not usually the case. Combinatorial analysis and/or computer simulation is necessary to complete the task.
In games which have a skill element, such as Blackjack or Spanish 21, the house edge is defined as the house advantage from optimal play (without the use of advanced techniques such as card counting), on the first hand of the shoe (the container that holds the cards). The set of the optimal plays for all possible hands is known as 'basic strategy' and is highly dependent on the specific rules and even the number of decks used. Good blackjack and Spanish 21 games have house edges below 0.5%.
Traditionally, the majority of casinos have refused to reveal the house edge information for their slots games and due to the unknown number of symbols and weightings of the reels, in most cases it is much more difficult to calculate the house edge than that in other casino games. However, due to some online properties revealing this information and some independent research conducted by Michael Shackleford in the offline sector, this pattern is slowly changing.[1]
Standard deviation[edit]
The luck factor in a casino game is quantified using standard deviations (SD).[2] The standard deviation of a simple game like Roulette can be calculated using the binomial distribution. In the binomial distribution, SD = sqrt (npq ), where n = number of rounds played, p = probability of winning, and q = probability of losing. The binomial distribution assumes a result of 1 unit for a win, and 0 units for a loss, rather than -1 units for a loss, which doubles the range of possible outcomes. Furthermore, if we flat bet at 10 units per round instead of 1 unit, the range of possible outcomes increases 10 fold.[3]
SD (Roulette, even-money bet) = 2b sqrt(npq ), where b = flat bet per round, n = number of rounds, p = 18/38, and q = 20/38.
For example, after 10 rounds at 1 unit per round, the standard deviation will be 2 x 1 x sqrt(10 x 18/38 x 20/38) = 3.16 units. After 10 rounds, the expected loss will be 10 x 1 x 5.26% = 0.53. As you can see, standard deviation is many times the magnitude of the expected loss.[4]
The standard deviation for pai gow poker is the lowest out of all common casinos. Many casino games, particularly slots, have extremely high standard deviations. The bigger size of the potential payouts, the more the standard deviation may increase.
As the number of rounds increases, eventually, the expected loss will exceed the standard deviation, many times over. From the formula, we can see the standard deviation is proportional to the square root of the number of rounds played, while the expected loss is proportional to the number of rounds played. As the number of rounds increases, the expected loss increases at a much faster rate. This is why it is impossible for a gambler to win in the long term. It is the high ratio of short-term standard deviation to expected loss that fools gamblers into thinking that they can win.
It is important for a casino to know both the house edge and variance for all of their games. The house edge tells them what kind of profit they will make as percentage of turnover, and the variance tells them how much they need in the way of cash reserves. The mathematicians and computer programmers that do this kind of work are called gaming mathematicians and gaming analysts. Casinos do not have in-house expertise in this field, so outsource their requirements to experts in the gaming analysis field.
See also[edit]
References[edit]
- ^'Michael Shackleford is the wizard of odds'. Observer. Retrieved 13 October 2015.
- ^Hagan, general editor, Julian Harris, Harris (2012). Gaming law : jurisdictional comparisons (1st ed.). London: European Lawyer Reference Series/Thomson Reuters. ISBN0414024869.
- ^Gao, J.Z.; Fong, D.; Liu, X. (April 2011). 'Mathematical analyses of casino rebate systems for VIP gambling'. International Gambling Studies. 11 (1): 93–106. doi:10.1080/14459795.2011.552575.
- ^Andrew, Siegel (2011). Practical Business Statistics. Academic Press. ISBN0123877172. Retrieved 13 October 2015.
Slot machines have always been appealing to both new and experienced players not only because of the excitement they bring but also because of their affordability and the fact that you do not have to think of a strategy. Learning the basics as well as the most common winning techniques and misconceptions should be enough to ensure you have a great time on the casino floor.
Every casino visitor aims at leaving richer than they were at the beginning of their betting session. As we have already mentioned, finding a loose machine guarantees your session at the casino will be profitable and entertaining.
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The successful reel spinner is armed with plenty of information about the types of slot machines and their specifications. Although slots are based purely on luck, following the right set of rules, managing your bankroll, and being concentrated will help you accrue greater profits.
Despite the wide variety of themes and the struggle of developers to launch new games on a regular basis, there are certain types of slots that have become favorites to a great number of players. For one reason or another, they are widespread and learning more about their features might be really useful during your next casino visit.
In general, slot machines can be divided into two large categories – progressive and non-progressive. Read the information below to acquaint yourself with the specifications of both types as well as with some of the games players find particularly entertaining and profitable.
Progressive Slots
If you want to win a life-changing amount of money, playing a progressive slot is highly recommended. The progressive jackpot increases every time a player places a bet and these slots are popular for a reason. As mentioned above, the fun factor and the payouts are the two components that make them attractive to players. Although slots that feature 9 lines seem similar to those that have 25 paylines, the payouts they offer and the frequency of the bonus games is what makes them different from one another.
Anyway, let's concentrate on the useful tips and tricks related to progressive slot games.
Slots Random Number Generator
Most Played Slots
Classic Slots
Video Slots
Progressive Slots
If you want to win an incredible amount of money, you should invest more in your gaming session. In other words, in order to qualify for the progressive jackpot, you are, in most cases, required to place the maximum possible bet and play on all lines. Thus, the chances of entering a bonus game increase along with the chances of hitting a winning combination.
Although you are supposed to place the highest wager a certain slot machine accepts, do not forget to keep track of how much you spend. There is an old saying which states that it is easy to win a certain amount of money from slots but keeping your winnings is the most difficult part. In point of fact, it is more important to activate all paylines rather than using the highest coin denomination.
Most slots have an Autoplay feature that makes the action unfold faster but you are not advised to use it if you want to see how much you win after each spin.
Non-progressive Slots
Progressive slots may be worthy of playing but non-progressive ones also deserve attention as they are the other category of games players prefer. The main advantage of non-progressive slots is that they pay smaller sums but on a regular basis. Admittedly, you can hit millions in one spin when you play a progressive slot but the non-progressives also have their fans because of their independent odds and increased chances of frequent wins.
However, it is important to note that the payout percentages are different for every slot. When it comes to playing a game that does not feature a progressive jackpot, you have to check the payout percentages and pay special attention to the slots that attract more players.
The Most Commonly Played Slots
Mega Moolah
Mega Moolah has been a favorite of slot players for quite some time. It is developed by Microgaming and features the standard 5 reels, 25 paylines and a progressive jackpot that often exceeds €1 million, while the highest number of coins per spin is set to 125.
The Dark Knight
The Dark Knight is another exciting game, provided by Microgaming and based on the Dark Knight movie. There are wild and scattered symbols that trigger the bonus rounds. The jackpot is randomly triggered but if the player makes the right choice and has a bit of a luck, their massive winnings are guaranteed.
King Cashalot
Another Microgaming-powered slot game featuring a thrilling jackpot is King Cashalot, which features 5 reels and 9 paylines. The jackpot is yours once you land 5 King Cashalot symbols on payline number 9.
Megabucks/Wheel of Fortune
The list cannot be complete unless we include Megabucks and Wheel of Fortune. These two are probably the most popular slots in online and brick-and-mortar casinos on a global scale.
Achilles
Achilles, developed by RealTime Gaming, is based on Greek mythology. It offers 5 reels and 20 paylines and features the legendary heroes Achilles, Troy, and Jason. The wild, scatter and bonus symbols ensure solid payouts.
Game of Thrones
The most popular TV series of all times, Game of Thrones, has inspired yet another Microgaming-powered slot that is preferred by players. Look out for the wilds, scatters and the bonus symbols and you will be generously rewarded for every winning combo you land.
Gonzo's Quest
The list would not be complete unless games powered by NetEnt are included. Gonzo's Quest is a slot game played in the most prestigious online casinos in the world and the abundant number of opportunities for winning combinations along with the theme are what makes the game an appealing one.
Mega Fortune
Mega Fortune is the other game that guarantees top winnings and tons of fun. It is developed by NetEnt and is inspired by the lifestyle of the rich and the luxurious items they can afford.
Genie’s Hi-Lo
Another prominent developer of high-quality slot games is Playtech. If you are tired of playing traditional slots, you should opt for Playtech's Genie's Hi-Lo, which does not even require you to think of any strategic moves.
Marvel Slots
Have you ever heard of the Marvel comics and the incredible slots based on them? Daredevil, Fantastic Four, Thor: The Mighty Avenger, and Hulk bring solid winnings and the action can keep you on the edge of your seat for an infinite period of time.
IGT – Leading Slot Machine Manufacturer
During the years, many slot manufacturers have emerged but a few of them consolidated their positions on the market. IGT is a vivid example of a successful slot-machine manufacturer as it provides almost 80% of the slots on a global scale and combines high quality and innovation.