Online Casino Gambling
Online Gambling
Feb 2, 2002, 16:00
By Kelly Reynolds Staff
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Casino gambling revolves around the concept of betting, whether it involves online casinos or Vegas casinos. While there are some differences that discern virtual betting from that done in traditional land based casinos, the cyber bettor has the same goal as a person who prefers the lights and sounds of Las Vegas. The purpose of casino gambling takes the same form in any medium – to win as much money as possible while playing the casino games.
While there are an infinite number of gambling systems designed to furnish the serious bettor with an edge over the casino, whether online or land, all forms of betting reside in luck. Both online betting and casino gambling are inundated with a built in mathematical advantage on the casino games. Aside from making the decision to gamble responsibly, there is no way to counteract the house edge that casinos have on virtually every game except blackjack and video poker.
Every internet casino and land based establishment has a built in profit on casino games that is known as the house edge or casino advantage. In casino gambling, the house edge is how the casinos make money from people who place wagers. The casino profit is attained through paying off bets at less than true odds. Basically, this means that instead of paying a bettor 100% of the winnings a casino will instead pay 95%. Therefore, the house advantage can be defined as the difference between the true odds and the odds that the on line or land casino decides to pay instead.
With regard to the house edge and casino gambling, it is important to remember that blackjack and video poker are games of skill and can be manipulated to a certain degree by the player. Utilizing strategy and good judgment when playing these two casino games can actually result in procurring the ultimate goal of casino gambling – winning as much money as is feasible.
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