In a game of poker, players place forced bets, called “ante” or “blind bets”, before the game begins. Once all players have placed their bets, the dealer cuts and shuffles the cards and deals them to each player one at a time. Each player receives a certain number of cards and a certain number of…
In order to be successful, a casino needs to know the house edge and variance of games. The house edge is the difference between the true odds and the payouts at the casino. The percentage of house advantage differs between different games and is usually expressed as a percentage. The higher the percentage, the more…
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SLOT stands for “slave of technology.” It describes an urban teenager or electronic gadget junkie. They spend 70 hours a week staring at a computer screen. But what is this type of a slot? It isn’t the only one! There are also women who are SLOTs. And if you want to impress the boss, you…
Poker is a card game in which each player is dealt a specific number of cards. In some variants, one player is given the privilege or obligation to make the first bet. In other variants, all players have the same number of cards. A player’s action in the hand is determined by how many chips…
Casinos are notorious for their house edge, the mathematical expectation that the casino will win on a bet. This is a large part of the attraction for many players, as they can consider losing to be fun. In order to encourage a more competitive atmosphere, casinos frequently offer free drinks to big-time gamblers. This is…
The word slot is a noun and verb. In this context, the verb is intransitive. The action of “slotting” is placing something into a slot or lock. Unlike other nouns, which are intransitive, the adjective “slot” is a transitive noun. In this case, it means to put something into a slot. For example, you can…
To start the game, each player is dealt five cards (hole cards). These cards are called pocket cards. They may also be referred to as a kicker or high card. The other cards are called muck, or folded or burned cards. A player has two overcards, if their total is less than the nut. These…
To beat a casino, you have to know the house edge, or the percentage of the house’s profit that the casino keeps in cash reserves. This work is usually done by computer programmers or mathematicians. Although casinos may not have in-house experts in this field, they outsource the job to the best. However, they do…
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If you are into gambling, you probably know how to play slots. These tall machines are filled with symbols that appear in random order when you push the spin button. If you are lucky, you will match at least three of these symbols and win money. This is a lot easier said than done, but…