How Do Casinos Use Electronic Table Games?

How Do Casinos Use Electronic Table Games?

The electronic table games at the casino provide higher odds than the majority of the machines for gambling. They generally require higher stakes and more knowledge.

Could you take a moment to think about it? In blackjack, you need to decide how you will play the game, and in most casinos, you need to bet at a minimum of $5 per game, even at low roller tables.

Gambling machines such as video poker and slot machines, however, you’ll have fewer betting limits and more gameplay. 

The first examples of electronic table games comprise games like craps, blackjack, and roulette. You can now find online versions of nearly every table game at a casino that you can think of. This post explains the way that electronic table games function.

Electronic Table Games Rarely Make Mistakes

It’s not often that the Live dealer game isn’t full of mistakes. Dealers are people. However, they’re usually well-trained, particularly when playing for bigger stakes; however, as humans, dealers can make mistakes.

Sometimes, these errors are favorable to you. However, most of the time, they’re on the side of the casino. If you spot an individual dealer who has made a mistake when they make a mistake, the game grinds to a stop while Security and the pit manager guards run through the video back. 

We wouldn’t suggest making a point of pointing it out if a dealer at a casino commits mistakes for you, but you must always be a voice for yourself when a dealer is making mistakes against the casino. However, you can avoid all stress by playing digital versions of the electronic table games.

Reducing the cost of labor

Casinos love them because they reduce the expense of hiring dealers and also boost revenue per game. Electronic table games can be used immediately to increase efficiency and allow casinos to earn profits in just a fraction of their operating expenses. ETGs permit more tables per dealer and more players to participate in each deal.

Many casinos also believe that the technology-driven nature of their games appeals to younger generations and helps them in introducing traditional gambling games to a younger crowd.

ETGs bring together the excitement of classic table games but with modern technology. The signs are all in favor of ETGs being the next generation of casino gaming.

How Do Casinos Use Electronic Table Games?

Electronic Versions Odds vs. Traditional Versions

If you’re involved in the gambling game on a slot machine, there’s no idea what the game’s payout percentage is. In reality, you don’t know the odds of obtaining an exact symbol on a reel.

However, with video poker games, there is some data about the odds of seeing various symbols. The algorithm used to generate the random numbers is designed to mimic a real card deck.

If you’re trying to figure out the odds of spotting the chance to get a jackpot on a machine, it’s out in the dark unless you play the machine through hundreds of spins. However, just because games employ a random number generator doesn’t mean that the odds are difficult to comprehend.

For most electronic table games, it is the chance generator that’s programmed to produce similar probabilities to what you’d like to see from a traditional game. For instance, If you’re on an American roulette wheel, there are 38 possibilities of outcomes, each one of which has an equal chance.

It’s a simple program, a random generator to generate results ranging from 1 and 38, with the same probability of each event. The chances of getting a single number bet on the electronic roulette wheel are 37:1, similar to what you would get if you’re on an actual roulette wheel.

Usually, Electronic Table Games Have Lower Stakes

Imagine yourself in the shoes of the dealer. If you want to host a blackjack table with six or seven players, it is necessary to have flooring space. Also, you must hire a dealer to play the game. It would help if you also changed your deck regularly.

When you play the electronic blackjack game, there are no costs. The cards deck is virtual and simply images displayed on a screen and a computer program that runs in the background. There is no need for an agent as the device doesn’t require as much floor space.

In most casinos where blackjack is played, the minimum bet at blackjack tables is $10 or $5. It can be higher in some of the casinos with more luxurious amenities. However, you can find electronic versions of blackjack with minimum bets of $3 or $1.

Since the game runs approximately twice more quickly than the standard game, casinos stand to earn as much or even more money through the online version than they would with an old-fashioned game.

Electronic Casino Table Games Will Become Aspect of Casinos

People are thinking about what’s to come next for the casinos. However, we’ll be able to get over this and other problems that will come into the gambler’s and casinos’ minds.

Industry experts anticipate the electronic table games to begin taking over traditional games at a faster rate in the coming five years. 

Casinos are planning to eliminate all their traditional table games and replace them with computerized ones. For casinos, it’s all about effectiveness and increasing their hold rate.

Conclusion

Electronic Table Games (ETGs) are probably here to remain. They’re just too profitable for casinos to overlook. There are advantages and disadvantages for gamblers. One of their biggest disadvantages is the higher rate of playing – putting more money in play every hour in an event with an unfavorable expectation will always result in greater losses over time.

However, these games permit players who are afraid of being yelled at by blackjack players for splitting 10s to play their own thing without fear of being harassed. In theory, many gamblers might reduce their speed of play as they become familiar with how the games work.

The Benefits And Drawbacks Of Craps Odds Bets

The Benefits And Drawbacks Of Craps Odds Bets

Craps is a very popular casino game. Whether you are playing in a brick-and-mortar casino or a live casino, the thrill around the craps table is entirely different. But have you ever wondered about craps odds, whether they are good or bad? If you are a new player and trying your hand at the craps table, you must understand all the different bets and terms related to the game, so you can place the right bet and enjoy the game.

The Game Of Craps

Before diving into the odds, you must know about the game of craps. It is a table game where every player gets to participate. There is no dealer to shuffle the cards for you or a croupier to throw the ball. It is a table which is marked with different numbers and areas.  You have two six-sided dice in your hand, which you throw. Before throwing the dice, you place a bet on a number and try to roll out the desired number with the two dice. In the online casinos, you only have to hit the roll button. 

The person who throws the dice is called a shooter. Every person at the table is passed the dice in a counter-clockwise direction. Every player, including the shooter, places a Pass Line or a Don’t Pass Line Bet. When the shooter rolls the dice for the first time, it is called a come-out roll.

What Are The Craps Odds Bets?

If you have understood the game, this is the time to understand the craps odds bets. They are also referred to as side bets. The odds bets are placed other than the Pass Line or Don’t Pass Line wager and relate to the point numbers, not the original bet. As a result, these odds bets pay differently on rolling out different point numbers. The best thing is that there is no house edge on these bets. 

The payouts of odds bets are-

Pass Line Bets

2 to 1 on points 4 and 10

3 to 2 on points 5 and 9

6 to 5 on points 6 and 8

Don’t Pass Line Bets

1 to 2 on points 4 and 10

2 to 3 on points 5 and 9

5 to 6 on points 6 and 8

The process of playing craps in an online casino differs slightly from a land-based casino. In the latter’s case, you need to inform the dealer that you are betting the odds. On the other hand, you only have to put your odds chips in the correct position in live casinos, and the software will acknowledge it as craps odds.

You can place any odds on your bets. There is a limit on the odds size in some casinos, while others allow you to bet as much as 100x your wager. The house edge keeps decreasing based on your odds size.

The Benefits And Drawbacks Of Craps Odds Bets

Benefits Of Craps Odds

Here are the reasons why you can place your bet on the craps odds.

No House Edge

While every game, whether you play it offline or an online casino, has a house edge, the odds are free from it. Your initial wager will be subject to the house edge, but you can place a large odds bet without worrying about the house edge.

More Excitement

The excitement of playing a game without house edge makes players happier, increasing the thrill around the table.

Best Opportunity to Make Some Money

There are several games in casinos, including online blackjack, online roulette, poker, baccarat, Slots, etc., but all of them have a house edge, be it smaller. The only chance you have of playing without any house edge is craps odds bets. You can double your bets in a matter of minutes, and that too, apart from the initial wager.

Drawbacks Of Craps Odds

Here are some of the reasons why you may not like craps odds.

You Enjoy A Lesser Playing Time

In craps odds bets, you need to place your initial wager as well as the craps odds. It decreases your bankroll quickly, and you get to spend a lesser fun time at the table.

You Need To Place Large Bets

If you are budget conscious and only have a few dollars on hand, you may not like it. The craps odds bets require you to place multiple of your initial wager. Say you only have $50 to play. You bet $5 on your initial bet and x3 on odds; here goes your $20.  Thus, it can be expensive, and you need to be more careful.

The House Edge Is Still There

Many people bet on odds believing that there is no house edge but remember that your initial wager is still subject to the house advantage. It will still impact your odds bets. 

Conclusion

With the advent of mobile casinos, everyone can play casino games from home. If you also want to try your hand at these games, acquire the knowledge first, practice it, and then try your luck. This guide will help you learn about the craps odds and how you can use it to your advantage.

Blackjack Promotions at Land-Based Casinos

Blackjack Promotions at Land-Based Casinos

One of the most effective methods to gain an edge in gambling at casinos is using casino blackjack promotions. If you can’t discover ways to gain an advantage when gambling in casinos in any way, then you’ll be considered a “recreational gambler.” And this is fine so that you don’t bet with money you can’t risk losing.

However, if you’re hoping to gain a little edge in casino gambling is your thing, you can have a fun and gambling experience without having to pay over the long term.

Blackjack promotions are among the ways to gain an advantage on the game, no matter if you are looking to become an avid gambler or lose less money in the longer term.

What Are Casino Promotions?

Casinos’ online blackjack promotions are straightforward enough. They usually deposit bonuses. You can deposit $5,000 and receive a 100% match bonus, for instance. The wagering requirements with these bonuses make it difficult to gain an advantage at online casinos by using these bonuses.

Blackjack promotions for brick and mortar casinos, On the other hand, are generally more exciting to discuss. They can be thought of as strategies to draw more gamblers in a casino. Perhaps the traffic has been slow lately, and the casino would like to draw more customers into the casino. Maybe the marketing manager needs a task.

Either way, casino promotions–especially when you’re playing real money blackjack–can be absurdly profitable if you know how to tell the wheat from the chaff.

Further Implications of a 2:1 Payout in Blackjack

Since blackjack pays at 3:2 and a 2:1 payout, it is an increase in payout equivalent to half a wager. This is an additional half bet of 1/20 often.

Over 100 hands, you’d get an extra 1/2 bet five times. This is 2.5 bets for 100 hands, an increase in your anticipated return of more than 2%.

A successful beginner player at the blackjack game is facing an edge over the house of 0.5 or less typically a gain of 2% or more in expected return.It’s an important advantage when playing any casino game. This is especially true in the blackjack game since you don’t have to count cards for this advantage.

Further Implications of a 2:1 Payout in Blackjack

Examples of Blackjack Promotions

In this section, we examine the various examples of blackjack promotions. Some are just speculation. Others are commonplace daily in various casinos. In any case, they can provide interesting discussions on the probabilities.

One of the easiest held blackjack promotions is that casinos offer blackjack players a 2:1 payoff. This hand usually pays at 3:2, and the house has an advantage. The house edge is what happens when there is the 2:1 payout offer on blackjack?

Blackjack, also known as”natural” –is an unlucky hand that consists of a card worth 10 points and an Ace, valued at 11 points. It’s a hand of two cards totaling 21 points.

One way you can have the chance to succeed is to get it dealt. If you take a shot and then get 21 points, this is not blackjack. It makes calculating your probability effortless.

The chance of the first card you get one of the 10s is 16/52. 16 cards equal 10 in the deck. You also have four of them, each of the jacks, 10s, queens, and the kings. There are 52 playing cards.

The chance that your next card becomes an Ace is 4/51. There are 51 cards in the deck, but only four are Aces. The chance of the event occurring will be determined by multiplying the two probabilities. You multiply because you require both events to occur.

  • 4/51 x 16/52 = 0.0241, or 2.41%.

But don’t forget there’s a different method to get this number. This is by using an ace as your initial card and ten as the second one. The math may be slightly different, but it comes out with the same probabilities:

  • 16/51 x 4/52 = 0.0241, or 2.41%

Add these two probabilities to get the probability of outcome is 4.82 percent. This is close to 5percent, meaning you’ll get a blackjack around once in 20 hands.

These numbers may vary if you deal with multiple decks, but they will remain close to 5%. It’s close enough so that we don’t need to do all those calculations.

Another Possible Blackjack Promotions

We read about a deal in which the casino offered what they described as the “free ride.” You were given this free ride when you received blackjack promotions as a bonus for the amount you won. It was an ordinary button you could utilize at a later time.

Here’s How You Used It: You can turn it over for the chance to get your initial bet after you have received the second and third cards. Of course, you’d be patient until you were in a bad position before taking advantage of this offer of free play.

If you are familiar with how to surrender when playing blackjack, you are aware the most difficult situations you might face are when you’re faced with a total of 16, and the dealer has a 10-showing.

This is a delayed payout only available in the future. It grants you an additional half bet, but it’s not an instant payout as you can get when you play Blackjack 2:1. It’s worth just one bet, and you’ll still be able to receive it only once in the 20 times you play. 

It’s a bonus you can avail of any time you’re dealt a Blackjack. This adds 2 percent to your overall expectations as a fundamental strategy player.

Conclusion

If you notice casinos offering some incentive on blackjack, it is a good idea to get involved. Utilizing the thinking process described in these instances, it is possible to discern when blackjack promotions will provide you with an advantage mathematically against the casino.

Of course, gaining this advantage means you’re an almost-perfect basic strategy player. If you’re not employing a basic strategy, you’re losing the average of between two and four percent to the house, based on how far you are from the strategy you choose to use.

Slot Variance – Guide to Low and High Variance Slots

Slot Variance - Guide to Low and High Variance Slots

Most people choose the game based on its theme, the minimum bet, and if they are aware of RTP, then based on the RTP, a player starts playing, unaware whether they are playing high variance slots or low variance slots. When you first enter the casino or start playing on online casinos, you should learn about a few terms, and high variance slots and volatility are two of them.

In this guide, you will learn about variance and volatility, low and high variance slots, their differences, etc.

Why Is It Important?

If you are wondering why you need to learn about all these terms, you will soon find your answer. You must have noticed that some machines pay out a smaller amount now and then. While others don’t pay for a while, but when they do, the amount is large. These outcomes are not fixed or can be assessed that the machine will pay now. This uncertainty and the risk of losing more money for a while makes it important to understand the low and high variance slots.

What Are High Variance Slots?

There are three types of slot machines in an online casino: low-variance slots, medium-variance slots, and high-variance slots. High-variance games are the ones that involve a high amount of risk and greater chances of getting a big amount. These slots have higher volatility. But since you may get confused between variance and volatility, the terms are explained here.

What Is Variance?

Variance is not to be understood as the standard deviation, a measured range from the computed mean. But variance here is the measurement of long-term results and the risk involved. Variance is not measured for a time, and that’s the biggest difference between variance and volatility. Variance measures the changes in the results of a slot machine for a long period.

Slot Variance - Guide to Low and High Variance Slots

What Is Volatility?

It is the short-term measure of the changes in the outcome of a slot machine. It refers to a short period. Say you measure a week’s total gaining and losing outcomes against the total spin of reels, and you can figure out the variance that the machine pays after this number of spins and pays this much amount.

It is not to be confused with RTP. Instead, it measures the risk involved in the game and the short-terms shifts you will face in the game. So, if you talk about the high-volatile game, you are talking about the high unpredictability of the slots over a short time. Variance is not measured and available for a player to decide the game’s risk; instead, the measure of volatility compensates for it. These volatility ratings can offer help in determining variance.

High Volatility Slots Vs. Low Volatility Slots

As the name suggests, low volatility slots mean there is a lot less danger. You can bet a small amount, and the gains will be x1, x2, x3, x5, up to x500 times. The risk is low, but the payout is also low. Those who have a small budget can choose low-variance slots.

High-volatility slots require a good budget and lots of patience. The risk is high, and you may sit for a long time without earning a single penny, and it can be long before you earn any. But earnings are as huge as x10000 times your bet.

Who Should Play High Variance Slots?

Not everyone can play high variance slots, and there are certain prerequisites to play it.

You Must Have A Good Budget

Yes. The minimum and maximum bets on high variance slots are high. While you may play with $100 for 2-3 hours on low-variance slots, it will be spent within an hour on high-variance machines. 

You Must Have Patience

Low-variance slots pay you smaller payouts frequently, but high variance slots are the opposite. They require you to be patient with your losses. You must sit tight and play patiently. In the end, it will be worth it all, possibly.

You Must Be Willing To Take Risk

You must play the high-variance slots if you are willing to take the risk. Even after spending all your money, you may not get anything. Thus, you must set a budget that you can lose and stick to it.

Should You Play High Variance Slots?

If you think that you possess the above qualities and the means to play, yes, you can play high-variance slots, and they need you to be calm and play strategically with a clear mind.

Wrap Up

High-variance slot games are risky, but most players stick to them for a massive payout. But before playing them, you should learn a few things. Limit your budget, choose your games wisely, and be prepared to lose money. Patience and risk-taking ability are the two most important traits for playing high-variance slots.