Many translated example sentences containing "gambling game" – German- English dictionary Before starting a gambling game activity with the Professional [. 7. Aug. Viele übersetzte Beispielsätze mit "gambling site" – Deutsch-Englisch Glücksspiel-Website f. online casino or gambling site, starting by. Spieleplattform f the new interactive gaming platform, starting from intuitive [. . the leading casino games, powered by , the largest and most experienced.
The standard deviation for pai gow poker is the lowest out of all common casinos. Many, particularly slots, have extremely high standard deviations.
As the size of the potential payouts increase, so does the standard deviation. As the number of rounds increases, eventually, the expected loss will exceed the standard deviation, many times over.
From the formula, we can see the standard deviation is proportional to the square root of the number of rounds played, while the expected loss is proportional to the number of rounds played.
As the number of rounds increases, the expected loss increases at a much faster rate. This is why it is impossible for a gambler to win in the long term.
It is the high ratio of short-term standard deviation to expected loss that fools gamblers into thinking that they can win.
It is important for a casino to know both the house edge and variance for all of their games. The house edge tells them what kind of profit they will make as percentage of turnover, and the variance tells them how much they need in the way of cash reserves.
The mathematicians and computer programmers that do this kind of work are called gaming mathematicians and gaming analysts. Casinos do not have in-house expertise in this field, so outsource their requirements to experts in the gaming analysis field.
From Wikipedia, the free encyclopedia. Not to be confused with Arcade game or Cassino card game. This article needs additional citations for verification.
Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Retrieved 13 October Gambling mathematics Mathematics of bookmaking Poker probability.
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Card Sharp - A person who is an expert at cards. Card Washing - A card shuffling technique where the dealer spreads the cards on the table face down and then proceeds to mix them around with his hands flat in a face-washing-like action before gathering them up and performing a more normal shuffle.
Card washing is intended to remove any consistencies in the sequencing among the cards that new decks of cards have, or that were produced in play prior to the present shuffle.
In standard table poker the cards are washed after every hand before they are subjected to a more conventional shuffling.
In blackjack and baccarat, the the cards are washed when old decks are taken out of play and fresh new decks brought in to replace them.
Some casinos also offer a progressive jackpot paid to high ranking hands. This table game is played with one deck of cards.
Carousel - A group of slot machines that are positioned in a ring, enabling a change person to change bank-notes into coins to stand in the center.
Carpet Joint - US slang for a luxury gambling casino. Case money - Emergency money. Cashcheck - A feature used by some online casinos software that allows you to review your financial transaction history.
Casino - The word "casino" initially meant a public music and dance hall. By the second half of the 19th century casinos developed into a place with gambling halls.
The best example of a casino as a gambling location is Monte Carlo in Monaco. Casino Monte Carlo was opened in and since that time it has been an important source of revenue for the small state of Monaco.
Casino Advantage - The edge that the House casino has over the players. Casino Rate - A reduced hotel-room rate price that the casinos offer to good customers.
Catch - In keno, to catch a number means that a number you have marked on your keno ticket has been drawn. Check - In casino gambling, a check is another term for a chip.
Chemin De Fer - French A table game using 6 or 8 decks of cards, similar to Baccarat but requires skill. See Chemin de fer on this site. Chip, Chips - Round plastic discs.
Casinos require that you use chips for betting. Chips - Round tokens that are used on casino gaming tables in lieu of cash.
Coat-tail - Bet the same numbers as someone who is winning at the moment. Cold - A player on a losing streak, or a slot machine that is not paying out.
Color Up - When a player exchanges smaller denomination chips for larger denomination chips. Combination Way Ticket - In keno, a ticket in which groups of numbers are bet several different ways, allowing the player to spread money over more combinations.
Comps - Complimentary gifts given by the casino to entice players to gamble. Typical comps include free hotel room, meals and beverages. Copy - In Pai-Gow Poker, when a player and the banker have the same two-card hand, or the same five-card hand.
The banker wins all copies. Cracking The Nut - Making enough money on a gambling venture to cover all expenses plus a reasonable net profit.
Craps - Casino dice table-game. Credit - In online casinos, wagers are expressed in credits. Credit Button - In slot machines or video machines, the button that allows players to bank coins in the form of credits.
Crossroader - An old term used to denote a cheat originated in the Old West practice of cheating at saloons located at crossroads. The term is still used today for casino cheats.
Croupier - French word for Dealer, used in the games of baccarat and roulette. Cut - In card games following a shuffle before the start of a new round of play, when the dealer or player divides a deck into two parts and inverts them, using a cut card see below.
Cut Card - A faceless card of different color, usually red or black, that is used to cut a deck of cards. Deal - To give out the cards during a card game.
Deposit - A payment you make usually to online casinos using a credit card, a web wallet or one of the online payment systems, in order to play casino games for real.
Deuce - A two in dice. Dice - Two identical numbered cubes. Dolly - Unlike the French roulette where the croupier simply points with the stick on the winning number on the table, in the American roulette the croupier uses a marker made of wood or plastic and places it on the table in the square of the winning number.
Its functionality is primarily to help the players know the winning number until all winnings are paid. Double Or Nothing - An even-money bet. A bet that pays off exactly the amount wagered.
The player is then dealt one additional card only, to complete the hand. If the player loses, then the player loses twice the amount of their original wager.
Doubling-up - The basis of some widely used systems. After a loss the player doubles the size of his previous bet hoping to win back the money lost and make a profit.
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