Casino. The Mathematics Approach

A lot of mathematicians consider that the most which the theory of probability and the theory of games can give a gambler are the strategies following which he won’t lose too much. It is difficult to predict whether the American mathematician Edward Thorp shared this view, when once spending winter holidays in Las-Vegas, he, having entered a casino, decided to try his luck in the game of twenty-one. As it turned out, “Dame Fortune” was extremely unkind to him. We do not know for sure what amount of money this teacher of mathematics of one of American universities lost that winter night at the end of the 50-s – the beginning of the 60-s of the last century, however, judging by the following events the amount was not small.
Otherwise, how can we account for the fact that development of an optimal strategy of this game became for a number of years an “idte fixe” of our hero. Besides, the matter was not only in the quantity of money lost by the mathematician. Perhaps, Thorp was simply an extremely venturesome person, and his pride both of a gambler and an expert-mathematician was hurt. Besides, he could suspect a croupier of dishonesty, since, as he had noticed, cards were not shuffled after each game. Though, during the game itself it did not make him very uneasy. However, afterwards, having visited casinos a number of times, he noticed that as the rules did not presuppose obligatory shuffling of cards after each game, so  it was difficult to accuse a croupier of anything. Anyway, he managed to develop a winning strategy in the game of twenty-one.
In accordance with the game rules of twenty-one of that time one croupier dealt gamblers two cards each out of a thoroughly shuffled pack consisting of 52 cards. Gamblers themselves did not show their cards to a dealing croupier. At the same time out of two cards taken for himself an official of a casino showed one of them (usually the first one) to gamblers. Gamblers evaluate their cards according to the following scale. Jacks, queens and kings have a value equal to 10 points, an ace could be assigned either 1 point or 11 points, the value of the rest of the cards coincided with their numerical value (eights had 8 points, nines took 9, and etc). That gambler was considered a winner who had cards on hand with the sum of points closest to 21 from the bottom. At that, having assessed the received cards every gambler (including a croupier) had a right to take from a pack or putting it simpler, take a “widow”, any amount of cards. However, if, as a result, the total number of points after a widow, will exceed 21 points then a gambler must drop out of a game having shown his cards.
Special rules were established with regard to stakes. Initially, upper and lower bounds were set, and every gambler had a right of choice of a specific stake (within these bounds) depending on the evaluation of his position. If, as a result, it turned out that in accordance with the game rules a casino’s visitor had a “better” number of points on hand than a croupier had, he received a gain in the amount of the stake that he had made, otherwise, this gambler lost his stake. In case of an equal number of points of a gambler and a croupier, the game ended in peace, that is the result of the game is considered “harmless” both for a gambler and a casino.
Let’s point out that unlike ordinary gamblers a croupier is not obliged to open his cards in that case if the number of points in these cards exceeds 21. Moreover, after all the gamblers have opened their cards, and therefore, all the stakes go to a casino gamblers cannot practically find out what was the number of points of a croupier, in order to build  their game strategy for the next game (whether to risk or not to stand pat, and etc). It goes without saying, it gives a croupier considerable advantages. Besides, all the gamblers are surely aware of this, and, … continue to play. Nothing can be done about it, who does not take risks, as is known, does not win.

Posted on May 17th, 2011 in Uncategorized | No Comments »

The Pros and Cons of Gambling Online

Online gambling is a rather young industry. As with traditional brick and mortar casinos, there are some that are reputable and some that are not. It is wise to do a little research prior to starting an account with a casino.

A pro of online casino gambling is that it is a very competitive business. As a result, you can expect the casinos to offer many bonuses and perks to get you to sign up with their site. These can be either vacations or an additional percentage of money added to your betting account. Another pro is that you don’t have to travel long distances or some of the traditional annoyance with regular casinos, like noise and smoke.

There are some cons, as well. With a traditional casino, you receive your payout quickly if not instantaneously. With online casinos, you can wait 3 days to 4 weeks to receive your payout. In addition, if you have a dispute, the customer service at some of these sites is lacking. Unlike traditional casinos, with regards to a dispute, the casino always has the final word.

Posted on June 11th, 2010 in Uncategorized | No Comments »

Winning in Online Casino Gambling

The article will tell you how to gamble or bet online wisely based on the skills you have on casino games like blackjack, craps, roulette, baccarat, video poker, slots, poker, and other casino games.

It is important to find a right gambling casino to play casino games. What need to consider are 3D graphics, real casino-look environment, sounds, type of games, etc. The most popular quality softwares are developed by Microgaming, PlayTech, and so on. Security and help is also important.

The skill is fatal to win casino gaming. From this point, you should always choose one of the favorite games to play.

The high odds will let you win more when you have a chance. So playing the games with high odds is a good option.

It is a good habit to schedule your playing time and betting bets based on your budget. Time flys and chips (or points) decrease with the pulling or clicking. You will not have fun when you loose too much in just one go or few bettings.

The most popular games played by online gamblers are slots (5-reel, 3-reel slot machines), blackjack, roulette, video poker and video slots. By visiting USA Online Casino, you will find all information about online gambling: best free casino games, high free deposit bonus offers, payout summaries of online casinos, poker rooms, bingo halls, and sports betting sites, which accept US gamblers (deposit from the United States of America). You can also read some guide and tips about internet gambling. We hope you enjoy online gaming at the sites to satisfy yourself.

Posted on May 23rd, 2010 in Uncategorized | No Comments »

Here Are Some Causes of a Gambling Addiction

o Gambling is exciting while the gambler is in action. The adrenaline high feels good, and it is quite easy to become addicted to these “feel good” chemicals in our brain.

o A big win at the casino is the worst possible event for anyone with a propensity for addiction. The adrenaline high of a huge jackpot can fuel future addiction like jet fuel in a plane. Most, if not all people give back the winnings from their jackpot, plus much more money as well.

o Escape from emotional pain and psychological distress can also fuel a gambling disorder. This is especially true for “escape gamblers” who mostly play slot machines, lottery, or partake in online internet gambling.

o People with anxiety and/or depression have show a strong propensity for gambling problem as well as other addictions.

o People with first degree relatives with a gambling addiction have a stronger propensity to develop this addiction themselves.

These are just some of the general causes of a gambling problem, however, there are many more as well. In addition, each unique individual will have different reasons for having a problem with gambling, and no two situations are the same.

The most important thing, however, is that once some of the causes of a gambling problem are established, that the individual seeks immediate help for his or her problem.

Posted on April 29th, 2010 in Uncategorized | No Comments »

Unique Gambling Destinations

Apart from the sun, surf and sand California is fast becoming a got spot for the gamblers. The overflow of gamblers from the Las Vegas and other heavy gambling areas come here to enjoy the holidays apart from their gambling objectives. Apart from the indigenous tribal casinos and the traditional casino set ups California is also coming up with the new age luxurious resorts for the gamblers.

The Egyptian experience can be had at the Las Vegas casinos. But the fact is that Egypt is attracting heavy gambling traffic towards it self here the grandeur of Egypt stands in all its dignity and valor. Egypt having a lot of historical importance attracts a lot of tourists from all over the world. And travel gambling is fast becoming a favored trend. With casinos open for twenty four hours, it is soon going to become a dream destination. All the five star hotels have put up their best shows in all parts of Egypt and it has come as a surprise gambling destination. A breather for sure! The Asian gambling scenario was marred by the fact that in China gambling is illegal and thus the Asian tourist had to travel far off to Vegas. But with upcoming gambling locations such as Macau and Singapore thins are changing. The most happening place as far as the nocturnal life is concerned is Philippines. The place forms a perfect setting for the casinos and gambling clubs to flourish.

Monaco has its distinctive style and serene environment to support most tourists and attract them. But with attachments like gambling the in flow has become multifold. The beautiful city of Monte Carlo has some of the fabulous casinos and they are attracting many tourist gamblers towards it.

Likewise there are many centers of gambling coming up. The customers also are now having high expectation fro these new destinations, having played at Las Vegas. These new destinations will not only have to face giants like Steve Wynn of Las Vegas but also the up coming destinations to maximize their popularity.

Posted on April 18th, 2010 in Uncategorized | No Comments »

Online Casino – Play Poker Games

Poker has a special place in gambling from the ancient times. Remember the motion pictures of 60’s and 70’s where lead actor comes in cowboy outfit with a pistol to fulfill his gambling pleasures. Time has changed so much, now you don’t have to be dressed like a cowboy and carry a gun to play your bets. Online poker games have replaced the old wooden boards. Moreover you do not have to go to casino clubs to play your move. Just click the mouse and start moving your hands. Within few minutes, you can generate millions of loss a fortune.

Online casino gambling has transformed the way of traditional poker games. There are numerous websites that allow games to pursue their poker playing aspirations. All you have to register yourself in these sites and start your free poker game. Some websites gives you the facility of escaping registration complexity, making it easier to enter the online gambling world to prove your intelligence.

Free poker game online is really easy to play. Normally, all the rules and regulations are same as in the traditional poker playing..

Posted on March 17th, 2010 in Uncategorized | No Comments »

Poker And Gambling In Spain

Just like the weather, gambling in Spain is a hot topic. As Europe sees remarkable gambling performances since the US ban prohibiting sites from operating financially, Spain stands out as having seen the most growth over the past year and particularly in recent months.

While gambling and sweepstake sites are more popular in countries like France, Sweden and Germany, the Spanish love to gamble on poker, casino and bingo sites, almost triple the amount of people visit these types of sites as opposed to online betting.

Spain is also doing well in terms of the number of sites advertising online, coming fourth in the European table for the number of banners, campaigns and adverts placed online.

Online poker sites also allow you to play poker without spending any money. Typically at a normal casino you have to pay to play, but most online sites offer some form of game preview and interactive learning process, as well as the opportunity to play without spending money. This entices players to learn the game, again without financial risk. Perhaps online casinos should take note of this kind of free play, and offer land based players the opportunity to learn the game without financial risk.

One more important aspect of online gaming is the element of social networking. While casino and poker players were previously thought to be of a certain breed of character, online gaming is open to all types, and this allows people to interact and meet friends online and potentially get to know the competition.

Spain has a massive internet audience, of which only 14% are currently being reached by online gambling sites. This provides a potential for 86% more reach and along with it a huge pile of cash to be made by those internet poker sites. Money is also there to be made by the poker player. Poker is a game where you need a large element of skill, so winning is really down to the player and not purely down to random generation of numbers or a bit of luck. Of course you need the cards to fall your way, but you can maximise your winning potential by learning poker strategies, and when and how much to bet in any given game.

Posted on March 1st, 2010 in Uncategorized | No Comments »