Casino Games

Casino Games

In casino games players place bets (in form of chips) on possible outcomes of a certain game of chance, winners are therefore randomly determined. Casino games can be divided into several groups – table games (which are played at a table and in traditional casinos, manned by live dealers); electronic gaming machines, also known as slots; and random number ticket games – such as Keno, Bingo, etc. Table games may include cards – Blackjack, Baccarat, Casino Hold’em; dice – Craps, Pai Gow; or random numbers like Roulette. Below you'll find a list of the most popular casino games:

Win chance or “what are the odds”

Casino games generally provide a predictable number of combinations. Due to the payout structure, the “house” or the casino usually has the advantage. For example in a simple game as “Heads or Tails” casinos pay out a little less than 100% the original bet for a correct prediction. Over a large sample of coin tosses the chances for heads or tails are equal but the payout structure usually grants the house with an advantage of 3 to 5 percent. Depending on the game, this percentage can vary between 0.3% and 25%. However, the very nature of games of chance presents gamblers with the possibility of a large short-term payout. Can we make an accurate guess on heads or tails 5 times in a row? Can we guess the exact number while playing roulette, winning 35 times our original bet? Or maybe we can hit the jackpot, winning millions with a mere $10 bet? Yes, this is by any means possible and it lies within the understanding of probability – even a highly unlikely event (like winning the jackpot) is bound to happen over the course of a large sample of events. But it is not only the large short-term “hit” we are usually interested in. Casino games give us the opportunity to adapt and use betting.

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