Casino Games – what, how and everything
Casino Games – an introduction
Casino games are the games that are played mainly in the casinos. There are mainly two sources where you can play casino games, namely, Brick & Mortar Casino and Online Casino. You can also find these casino games in certain places outside casino, played mainly through machines.
Casino Games – basic categories
Casino games can be divided in 3 basic categories:
- Table games – These casino games are played on tables and the basic operation of the play is controlled by one or more dealers. Poker, Blackjack, Roulette, Craps and Baccarat are most popular table games.
- Electronic gaming machines – These electronic casino games don’t require any involvement of the employees of a casino. These games are played in the casino machines like Pachinko and Slot machine. Video Poker and Video Lottery Terminal are the other popular casino games.
- Random number ticket games – In these casino games random numbers are selected. Selection of these numbers can be done either through gaming equipment or through a computerized random number generator. These casino games can be played by purchasing cards or paper tickets. Some of these popular games are Bingo and Keno.
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Luck Factor in Casino Games
Every Casino game has its own luck factor. This luck factor is measurable or quantifiable. Standard deviations are used to measure this luck factor involved in every casino game. Larger the standard deviation, larger is the payout potential of casino games.
Luck factor in a simple casino game like Roulette can be measured by using binomial distribution. Standard Deviation according to binomial distribution = Number of rounds played (n) × Winning probability (p) × Losing probability (q) = n×p×q
According to binomial distribution,
- If you win the casino game then the result is 1
- If you lose the casino game then the result is 0.
It has been found out that the casino game, Pai Gow Poker, has the lowest standard deviation. On the other hand, some particular Slot casino games have got the highest standard deviation which means that they have the highest payout potential. Expected loss increases at a faster rate as the rounds in casino games increase.
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Some popular Casino Games
Poker games
It is card game (particularly 52-deck one). You can play these games both online as well as brick & mortar one. Texas Hold’em, Omaha Hold’em, 7-Card Stud, 5-Card Draw and Caribbean Stud are some of the popular casino games.
Slots
There are numerous variations of Slots, namely, Traditional Slots, Progressive Slots, 5-Reel Video Slots, 7-Reel Video Slots and 3-Reel Slots.Some of the popular casino games of slots are Naughty Ninjas, Pinata Fiesta, Crazy Cherry, $5 Million Touchdown and many more.
Baccarat
Baccarat has basically three types of variations, namely, Baccarat chemin de fer, Punto banco and Baccarat Banque. The cards ranging from 2 to 9 have their face value while J, Q, K and 10 have 0 values. Ace of card has the value 1. Banker receives 95% of the commission and house gets 5%. It is very popular form of casino games among the gamblers.
Blackjack
In a Blackjack games if you have an Ace of Spades and a Jack of Spades in the first 2 cards then you are entitled to receive extra payment. The aim of a Blackjack player is to get 21 points or as close to it as possible for winning the game. Value of Jack, Queen and King is 10 and the Ace can have the value of 1 or 11. The other cards possess their face value.
Roulette
It is one of the most accepted and popular casino games among the gamblers all over the world. There are 3 most popular versions of Roulette game - American roulette wheel version, European roulette wheel version and French roulette wheel version. In Roulette casino game, both the ball and the circular wheel are spun but in opposite direction. The ball settles in anyone of the 37 colored pockets.
Caribbean Stud Poker
It is one of the variants of Poker. Every player receives a mixture of face-down and face-up cards. Characteristic feature of Caribbean Stud Poker is that it is not played against the players but against the house. For every bet of $1, the house or the casino keeps $0.29 whereas the remaining $0.71 goes to the jackpot.
There are other casino games too. Some of them are Craps, Keno, Video Poker and many more.