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It have been a thing thing that players expected as a par of the welcome offer or as a part of the Casinos ongoing promotions.
There have been written many articles about Casino bonuses in the past, about both the good bonuses and the bad bonuses. During time, there have also been many frustrated players that felt they got cheated by the Casinos, when they received a bonus and made a deposit.
And maybe the worst part is that, these bonuses have helped Casinos to convert Gambling addicts to come back and play, as they could not say no to the high bonuses that some companies hands out.
As the industry gets more and more regulated all over the world, the restrictions is also getting harder for the Casinos.
Which is good for player protections and for the trust, as it is getting harder for shady Casinos to operate. The more countries that regulate the less countries the shady casinos can operate in.
With player potection in mind, you will see many regulators starting to limit the bonus amounts, or how many bonuses the Casino is allowed to hand out.
Sweden is about to get regulated, and pr 1st of January online casinos would need a license to provide games to swedish people. In the new regualtion, there is a cap on bonuses, which means that only ONE welcome bonus is allowed pr customer.
And after the player have received and used this one bonus, the Casino is NOT allowed to give out any other bonus as promotion or goodwill. The regulators have made it very clear that only one bonus pr customer is allowed, to try and protect gambling addicts or people who is in the danger zone of becoming one.
In United Kingdom UKGC is ruling, and that have also in many cases clamped down on Online Casinos, who was offering welcome bonuses which was hard to understand or not clear for the player, in some cases they even fined the Online Casinos for offering these types of bonuses.
For most Casino players this is good news, as the Casinos have to focus more on their product and not on their bonuses. Casino games can also be played outside casinos for entertainment purposes like in parties or in school competitions, some on machines that simulate gambling.
There are three general categories of casino games: Gaming machines, such as slot machines and pachinko , are usually played by one player at a time and do not require the involvement of casino employees to play.
Random number games are based upon the selection of random numbers, either from a computerized random number generator or from other gaming equipment.
Random number games may be played at a table, such as roulette , or through the purchase of paper tickets or cards, such as keno or bingo.
Casino games generally provide a predictable long-term advantage to the casino, or "house", while offering the player the possibility of a large short-term payout.
Some casino games have a skill element, where the player makes decisions; such games are called "random with a tactical element". While it is possible through skillful play to minimize the house advantage, it is extremely rare that a player has sufficient skill to completely eliminate his inherent long-term disadvantage the house edge or vigorish in a casino game.
The player's disadvantage is a result of the casino not paying winning wagers according to the game's "true odds", which are the payouts that would be expected considering the odds of a wager either winning or losing.
For example, if a game is played by wagering on the number that would result from the roll of one die, true odds would be 5 times the amount wagered since there is a 1 in 6 chance of any single number appearing, assuming that the player gets the original amount wagered back.
However, the casino may only pay 4 times the amount wagered for a winning wager. The house edge or vigorish is defined as the casino profit expressed as the percentage of the player's original bet.
In games such as blackjack or Spanish 21 , the final bet may be several times the original bet, if the player double and splits.
In American roulette , there are two "zeroes" 0, 00 and 36 non-zero numbers 18 red and 18 black. This leads to a higher house edge compared to the European roulette.
Therefore, the house edge is 5. After 10 spins, betting 1 unit per spin, the average house profit will be 10 x 1 x 5.
The house edge of casino games vary greatly with the game, with some games having as low as 0. The calculation of the roulette house edge was a trivial exercise; for other games, this is not usually the case.
In games which have a skill element, such as blackjack or Spanish 21 , the house edge is defined as the house advantage from optimal play without the use of advanced techniques such as card counting , on the first hand of the shoe the container that holds the cards.
I recently read the list on 10 Tricks Casinos Use on You , and found it interesting. These are in no particular order.
Regardless of how good you are, or how much experience you have, or what technique you use, the casinos have been at this for a lot longer than you have.
The odds are stacked in their favor, and while you may win in the short term, you will eventually lose. Knowing this can keep help keep your head clear.
Leave your checkbook and credit cards in the room or at home. When you have played through the cash in your pocket, leave. This seems, again, like an obvious point, but it is something that gamblers often forget.
Always be aware of your win-loss ratio. At any time, you should know exactly how much you have spent and how much you have won since you began this session.
My wife and I have a standing rule: Just as small losses add up quickly, so do small wins. Compensate for this by wearing a watch or carrying a timepiece and referring to it often.
At any point, you should know exactly how long you have been sitting at the table or the machine.
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Get up once in a while and walk around. Go to the restaurant if there is one or snack bar and get a soft drink. If all of these systems worked as well as they say, how would casinos still be in business?
Gambling is largely luck, and you have no control over that factor. Many slot machines today offer varying levels of payout with the number of coins played.
Of particular importance to note are linked machines that are placed in different casinos across the country, and tied to a central mega-jackpot.
Often, in order to win the big money, you must play the maximum number of coins playable. By law, this information must be made clear on the face of the machine, but casinos are good at hiding it amongst the colorful designs and other eye-candy.
Cashiers in casinos have been trained or machines, where they replace humans, have been programmed to provide you with the largest possible denominations of bills when giving cash outs.
This is because they know that you have to pass through the maze to get back out, and you might be tempted by the lure of a particular machine. It would be wrong to say that no one ever wins.
In fact, casinos are filled with winners, sometimes big winners. But stop and ask some of these people how much they have spent trying to get to that point and the numbers become a little more revealing.
It is very rare to win huge amounts of cash without having paid excessive amounts to achieve that goal.
Designing unique games, might be something that Online Casinos should look in to, to be able to stand out from the crowd.
Bottom line is that Online Casinos have to step up their operations, to be able to follow the industry.
As Canada currently do not have any Casino license, it might be a bit longer before all Casinos adopt to these new rules, as it is a bit like the wild west over here.
This will also open of for unlicensed Casinos, that always do what they want, to provide bonuses until the regulators find a way to stop them.
The Casinos that operate in Canada and also hold a license in other juristrictions like UK, DK, Sweden or spain, will most like change their behaviour in all markets they operate in, as the regulators do not want Casinos in their market, who break the rules or work in a unethical way in other markets.
A Casino bonus is a bonus your normally receive upon signup with Online Casinos, to boost the amount you have available to play for.
But the Casinos have terms that you accepts upon signup, which tells that a bonus have to wagered X amount of times. This means that you have to turnover the amount or in some cases both the amount deposited and the bonus, before you are allowed to withdraw anything from the Casino.
We have added a bonus calculator here, where you can play around with differnet bonuses and see just how hard some bonuses can be to wager in full.
The operators have to look for new ways to attract players, and this could be by having more local Jackpots that is unique for one brand. These jackpots will be lower than the ones we know from Mega Moolah and other pooled jackpots , but this could be a way to offer something unique in a industry that more or less share the same games across all operators.
Casino companies could also start to develop their own slots games, again to have something unique to offer apart from their competitors.
What do you think about if bonuses will disapear? What would you like to see instead? 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.
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