land based casinos

Posted by umerblackeagle on September 27th, 2010

The origin of casinos

Gambling casinos originated in Europe. There have been casinos in Europe for over two hundred years. The first were found in the expensive French resorts and German spas. The casinos began to draw a much wider public with the introduction of roulette in the late eighteenth century.

Around in 1930 when several European countries legalized table gaming, many new casinos were established. Based on the gaming laws the social and legal status of casinos varied from country to country.

Some countries opted for a system of nationalized casinos, while others by licensing private operators created a more open and competitive gaming market. Starting with smaller casinos that mostly catered to the local market, there gradually emerged casinos with large premises with a particular appeal to tourists.

The House Edge

The House Edge is a universally accepted feature of International casino gaming and on average, the House Edge applied in UK casinos is one of the lowest compared to many other countries.

Casino games, such as Roulette, Blackjack, and Baccarat etc are games of 'unequal chance'. The nature and structure of these games therefore gives an advantage to the House which is actually casino. This is known as the 'House Edge'.

The House Edge gives a measure of the percentage that a casino would expect to retain, on average, from each played hand or spin, given normal patterns of play.

The House Edge works in two ways in very simple terms:

  1. In games such as Blackjack, for example, the Dealer wins all bets from losing players even if their own hand is also bust. This is because the Dealer 'holds the bank. On the contrary a player will only win if
    a) they don't bust and
    b) their hand beats that of the Dealer.
  2. In games such as Roulette, the House Edge is achieved by the House paying less than the "true odds" for a particular bet. An example of this would be, the true odds for a single number to win are 36 to 1, since there are 37 slots on the wheel. However, the winning bet is actually paid 35 to 1 that is 1 chip less. This works out to 2.7% advantage for the House.

Admittance ID - Identification requirement for admittance

In most land casinos a Passport or a form of identification is required with live table games. In some countries the casinos do not accept a driving license as a form of identification and its example is Luxembourg where driving license is not accepted.

In Bulgaria and Poland even though you become a registered member of the casino and carry a membership card by law to bring you are required  to carry your Passport or ID every time you visit a casino with live table games. By contrast, in Lithuania you do not have to show your passport or need to register when you enter a casino with and without live table games.

It is still advisable to have it where a form of identification is not a requirement, as there may be instances where they may need to ask for identification, such as if you look younger than the minimum gaming age allowed. Also, if you gamble with lots of money they may ask that you produce a form of identification or if you win a large sum of money they may ask you for identification at the casino cash desk before paying you.

In the last three years online gambling has become one of the most popular industries. The growth of online casinos vs. land-based casinos is one of the reasons why virtual gambling is becoming popular everyday. Much can be said about brick and mortar casinos as the number of online casinos increases.

It can be said that the profit of online casinos are growing as more and more industries are starting to join the bandwagon. This is an amazing development because gambling on the Internet is just a recent trend as compared to casino gambling which has been around for a long time already.

Today, playing online poker is one of the most exciting forms of entertainment available on internet. With more games to choose from, it is no wonder that people are realizing and getting hooked to Internet gambling.

People have been used to living a fast-paced life. And this is also one of the reasons why virtual casinos are such a hit. It is time consuming for the  people to go to Las Vegas or Atlantic City who have a hectic schedule but now they can easily log on to an online casino anytime and anywhere they choose.

Here are some of the reasons why people prefer online casinos vs. land-based casinos.

In land-based casinos, the operators of the gambling joint have a lot of expenses to think about while in Internet gambling sites they offer higher payout rates. In the case of online casinos, they do not have the problem of spending for overhead expenses, employee's salaries, building rentals, and others.

Another advantage of virtual casinos is security and trustworthiness. Reputable gambling sites undergo strict auditing and testing from third party companies. They run millions of games on virtual casinos to ensure the fairness of the software. Likewise, one can look forward to improved odds compared to brick and mortar casinos.

Land-based casinos has to face the problem of crowd, one would more or less expect audience anticipating who the winner will be in roulette. With Internet gambling sites, one would not have to worry about unruly crowd. They operate on a strictly personal environment.




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Joined: September 27th, 2010
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