Did you ever notice that generally when you walk into a casino, you will find rows upon rows of slots but maybe just one roulette table, or perhaps one poker table?
There are reasons for this, although it certainly isn’t because the casino is requiring anymore lights or noise, that the gambling palaces fill the place with one-arm bandits. The logical reason for doing so is steeped in a far more practical goal.
From a gambling hall’s consideration, their slots represent the casino’s money horse. Pound for pound (or should we say «coin for coin»?) slots make the casino more money than poker, or blackjack.
The majority of casino-goers believe that poker and blackjack are more profitable to a casino, but the reality is very different. Without going into the mathematical model of the roulette game (explained in detail in Wikipedia, under «Roulette»), but know that the profit margin on an European / French roulette owner is a mere 2. 7%, and an American roulette margin dives lower still. With our post, the objective is to present the primary points as to why the above matters are actually the case.
Misconceptions abound of the way bets really occurs at the table, and you can blame all those 007 films, if you think all punters are shelling out thousands (or tens of thousands) at every play. It doesn’t really happen like that. Most players really aren’t tycoons slapping down chips like shooting skeets. Bets are generally rather conservative, because of the potentially high payouts with even small bets. In these cases, just a $25 bet is capable earn you close to $1, 000.
With potential payouts like these, one shouldn’t be suprised most casino-goers generally do conservative bets! Now, there will be a player hitting it big at the game, scooping up a win like $250, 000. Of course, it it’s not an everyday happening although when it does happen, the casinos smile even less. In slots, bets rather conservative. Generally thought of as a nickel-dime gambling game, in the majority of cases. But, there are high end machines both online and off-line, which can be in the region of $100. 00 a bet. Payouts in slots are not that high, because of the vast number of chance and probablity variables that 3 or more reels match up in a payout combination. Because of this, the casino makes greater revenue thanks to with slots, instead of table games.
The second money making upper hand slot machines exercise over their more glamorous counterparts is that, in the case of table games, casinos are competing against more than one opponent at the same time; thus, the casino’s likelihood of not winning are markedly increased. These odds that the Casino faces could furthermore be composite, given that a winning hand can come from any player sitting there, although most will lose. And let’s not forget the scam of individuals working together, under the guise of being casual punters who just sat at the table. With blackjack, the Casino can also go over 21, while still having to payout however many players who did better than the House. And if the punter played a «double down», it can cost the casino twice as much for a «full» BlackJack combo. Lastly, there are some systems and methods that can give players an edge, when they work.
That’s why as soon as you’re caught attempting crafty stuff, you’ll be ushered out unglamorously by the men in black. Because odds are generally stacked in the casino’s court, hence the saying, «The House ALWAYS wins in the end», casinos won’t adopt «unfair» advantages at least, for punters. Casinos are in the gaming industry, so as such, these people go to great lengths to be one step up of their game when it’s about security and guarding their interests (i. e., advantages). A full network of cleverly located closed-circuit cameras ARE watching you, and so are the discreet security crew. Card counting, sleight of hand, accomplices all these things could result in unpleasant outcomes, the minute you are spotted trying to ool the House.
As you can see, table games pose a lot of risks for the Casino, because of the tricks that casino-goers can employ to gain the edge against the casino. Because of the randomness of slots, there are no tricks to create any effect in playing slots, thus slots remains a casino’s principal big money maker. Possibly, the greatest of advantages slot machines leverages (as with any gambling game), is that slots can be a tease in winning big. With slots, most times a player is close to cashing in at least a little something, and this «almost won» with slot machines spurs gamblers to playing beyond any reasobale limit. There’s a voice in the back of your head saying, «I ALMOST got it! AH! If only it were one more down!. Come on, one more».
Casinos realise all the psychological trappings, and that’s why their halls are lined with slot machines, as opposed to just one or two roulette tables. It’s a, business and it’s about winning as often as they can, and you can «bet» on it that nothing was left to casual planning. Although it can be fun to blow a little money on casinos and slots every now and then (who doesn’t like the idea of winning a fat jackpot?), always excercise your own common sense, and never bet money you can’t afford to lose!
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