Tag: dice

How Does the Casino Get Its Edge?

I’m often asked, “How does the casino gets its edge,” and the basic answer always is, “By paying winners less than the true odds of winning.” Casinos take your full bet when you lose, but pay only a portion of the true odd when you win.

Electronic vs Live Table Games

Table games players have consistently shown a preference for live action. They like to play with real cards and dice and with human dealers.

Still, there has been an increasing acceptance of electronic table games, especially in roulette. Touch screens for electronic betting speed play as wagers are settled automatically, with no mistakes. There’s no down time waiting for dealers to pay winners and collect chips from losing bets.

Hot Streaks, Are They For Real?

Not long ago, I received a note via email from a craps player who was taken aback when a shooter rolled five sevens in a row. “It would seem to me there has to be a makeup time to get the odds to come out right,” he wrote. “What’s the hidden factor that balances those five 7s in a row?”

Is It Best to Play Craps at a Table That’s Been Hot?

A craps table with a hot shooter on a roll is one of the most exciting places in the casino. When the shooter is rolling number after number without sevening out, players are winning together, celebrating and cheering the shooter. Big wins bring tips, so the dealers are happy, too.