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  • 2006-02-03, 23:11

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  • The dealer places before him the amount he is disposed to risk, and the players "make their stakes." Any punter, beginning with the player on the immediate right of the dealer, is entitled to say "Banco", meaning to "go bank," to play against the whole of the banker's stake. If no one does so, each player places his stake before him. If the total so staked by the seated players is not equal to the amount for the time being in the bank, other persons standing round may stake in addition. If it is more than equal to the amount in the bank, the punters nearest in order to the banker have the preference up to such amount, the banker having the right to decline any stake in excess of that limit. The term originally meant a small villa, summerhouse or pavilion built for pleasure, usually on the grounds of a larger Italian villa or palazzo. There are examples of such casinos at Villa Giulia and Villa Farnese. During the 19th century, the term casino came to include other more public buildings where pleasurable activities, including gambling and sports, took place. An example of this type of building is the Newport Casino. Eventually this term in Italian now designates a bordello (also called "casa chiusa" literally "closed house"), while the gambling house is spelled casino with an accent. The goal of each player is to beat the dealer, by having the higher, unbusted hand. Note that if the player busts, he loses, even if the dealer also busts, which is the source of the casino's advantage. If the player's and the dealer's hands have the same point value, this is known as a "push", and neither player nor dealer wins the hand. There's actually nothing special about this Blackjack method. It's more commonly known as "Basic Strategy" and is freely available across the Internet. Shuffle tracking The player's turn is over after deciding to stand, doubling down to take a single card, or busting. If the player busts, he or she loses the bet even if the dealer goes on to bust as well. The goal of each player is to beat the dealer, by having the higher, unbusted hand. Note that if the player busts, he loses, even if the dealer also busts, which is the source of the casino's advantage. If the player's and the dealer's hands have the same point value, this is known as a "push", and neither player nor dealer wins the hand. When the probability of different events is not independent, the probability of future events can change based on the outcome of past events. An example of this is cards drawn without replacement. It's true that once a jack is removed from the deck, the next draw is less likely to be a jack and more likely to be of another rank. various risk management techniques that limits their maximum loss. The gambler's fallacy exposed Drawing more than one card against a split Ace. Some common rules variations include: After all the players have finished making their decisions, the dealer then reveals his or her hidden hole card and plays the hand. House rules say that the dealer must hit until he or she has at least 17, regardless of what the players have. In most casinos a dealer must also hit a soft 17 (such as an ace and a 6). The felt of the table will indicate whether or not the house hits or stands on a soft 17. Here's what they've got: Now suppose that we have just tossed four heads in a row. A believer in the gambler's fallacy might say, "If the next coin flipped were to come up heads, it would generate a run of five successive heads. The probability of a run of five successive heads is 0.55 = 0.03125; therefore, the next coin flipped only has a 1 in 32 chance of coming up heads." Pai Gow The basic meaning of gambler's ruin is a gambler's loss of the last of his bank of gambling money and consequent inability to continue gambling. "Gambler's ruin" is also sometimes used to refer to a final large losing bet placed in the hopes of winning back all the gambler has lost during a gambling session. Notice that the gambler's fallacy is quite different from the following path of reasoning (which comes to the opposite conclusion): the coin comes up heads more often than tails, so it is not a fair coin, so I will bet that the next toss will be heads also. This is not fallacious, though the first step - the argument from a finite number of observations to a statement of likelihood - is a very delicate matter, and is itself prone to fallacies of its own peculiar kind. Their Flash games work right in Safari, either free-play or for real money. The stakes are made afresh, and the game proceeds. If the banker has been the winner, he deals again. If otherwise, the cards are passed to the player next in order, who thereupon becomes banker in his turn. [edit] The slot machines are where casinos would like you to play your free cash. But smart players give them a swerve and head straight to the card tables. To be more precise they head for the Blackjack table. The online casino business is about one thing above all others: giving the power to the player. The online casinos don't have any means to distract you and if they try do to something fishy the customers will run away really quick. The scientific concept of peer review which was so bleak in the fields of "classic" land market broke out and flourished on the fields of Internet because of the instant communications and growth of topic-based communities. Online you get to choose everything: how much money and time to dedicate, when to play, what to play, what to wear, drink and smoke. You can chill and play to your own tempo. There's not a damn thing an online casino could do about it and they don't even want to. An online casino can not risk losing a customer because everyone counts as one. There are no players that an online casino can afford to ignore. In the world of online casinos you become the center and the most important figure - and that's the overall tendency in all online businesses. The marketing people even invented a new buzzword: "consumer driven". Advantages of the free market! Certain rules changes are employed to create new variant games. These changes, while attracting the novice player, actually increase the house edge in these games. Double Exposure Blackjack is a variant in which the dealer's cards are both face-up. This game increases house edge by paying even-money on blackjacks and players losing ties. Double Attack Blackjack has very liberal blackjack rules and the option of increasing one's wager after seeing the dealer's up card. This game is dealt from a Spanish shoe, and blackjacks only pay even money. PokerPoker is a microcosm of all we admire and disdain about capitalism and democracy. It can be rough-hewn or polished, warm or cold, charitable and caring or hard and impersonal. It is fickle and elusive, but ultimately it is fair, and right, and just. - Lou Krieger [edit] Random numbers Deuces Wild The online casino business is about one thing above all others: giving the power to the player. The online casinos don't have any means to distract you and if they try do to something fishy the customers will run away really quick. The scientific concept of peer review which was so bleak in the fields of "classic" land market broke out and flourished on the fields of Internet because of the instant communications and growth of topic-based communities. Online you get to choose everything: how much money and time to dedicate, when to play, what to play, what to wear, drink and smoke. You can chill and play to your own tempo. There's not a damn thing an online casino could do about it and they don't even want to. An online casino can not risk losing a customer because everyone counts as one. There are no players that an online casino can afford to ignore. In the world of online casinos you become the center and the most important figure - and that's the overall tendency in all online businesses. The marketing people even invented a new buzzword: "consumer driven". Advantages of the free market! Aces may not be resplit Online casinos are rapidly taking valuable but well deserved place in the gambling world. The traditional gambling adventure of the casino which used to be luxurious and was associated with exclusivity of the upper society classes is now available to anyone within reach of hand while providing arguably the same range of experiences a "land" casino can offer. For example, the official house advantage for a casino game might be 1%, and thus the expected value of return for the gambler is 99%. However, this math would only be true if the gambler never used the results of a winning bet again. Thus after gambling 100 dollars the idealized average gambler would be left with 99 dollars, but, if he continued to bet using his 99 dollars in winnings, he would again lose 1% on average and his expected value would go down to 98.01 dollars. This downward spiral continues until the gambler's expected value approaches zero: gambler's ruin. Deuces Wild

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