Whethere you are playing in a land based or an online casino there are a few hidden aspects in both.
Knowing about these hidden aspects of how casinos operate will give you a bit of an edge.
Whenever you decide to play at a casino, you need to be aware that no matter what game you choose to play,
you'll be faced with a negative expected value.
The negative expected value is induced by the house edge, which is the only way for the casino to generate profit off its activities.
Fortunately, the negative expected value does not mean that it's impossible to win money in a casino.
A 95% return, for instance, would mean that you'd get $9,5 back for every $10 you wager, if you were to play indefinitely.
Short term variance means that it is possible for you to win a huge sum of money as well as lose, but it will be well outside the pay out rate.
The possibility of landing a fabulous win, with relatively little effort involved is what makes it interesting.
The odds and pay out rates that you will have to deal with in a casino can be tweaked.
Even if you'll never get rid of them completely, you'll still be able to reduce them, in some cases quite radically.
Take slot machines for example.
They have their pay out rates displayed on them, yet few gamblers pay enough attention to them.
Pay out rates can range from 75% to 97%, and, even though their exact value is more of theoretical factor,
they will influence your short-term odds as well, to a certain extent.
Seek out the machines that give you the best pay outs.
Given the fact that pay out rates are dependent on the number of reels on the machine, the number
of pay lines, the makeup of these pay lines, the existence of wild symbols and a few other factors,
you need to seriously shop around before sitting down in front of a machine.
Playing maximum coins is always a good idea too.
You see, jackpot values rise in an exponential fashion with the stakes you play at.
Smaller stakes will not give you proportional pay outs compared to max coins.
Roulette is another game in which a few bits of knowledge can have a huge impact.
The difference in odds between American and European roulette says you should not really play the American version at all.
That double zero on the wheel is not your friend under any circumstances.
The bets that you make, come with different house-edges as well, so paying attention to those is also recommended.
Blackjack is perhaps the game that comes with the most flexible house edge.
Players without any knowledge of the game whatsoever, except for its rules, will be at a huge disadvantage compared to those who apply basic strategy.
Still better, card-counting is possible too, and that way, a skilled player can turn the tables on the house altogether.
Do not expect to be able to successfully apply the simplest card-counting methods though.
In online casinos, the Random Number Generator uses several decks of cards which will make this almost impossible.
In a real casino, there are also several decks used, but on top of that, casino personnel will keep
an eye on you, and if they suspect you of card-counting, you'll be promptly removed from the premises.
Watch out for games like Keno and scratch cards.
These games carry some of the biggest house edges around, and even though they'll be readily available
in land based and online casinos too, they're absolutely not one of the better ways to generate cash through gambling.