What is casino gaming?
Casino table games may be the traditional tables where dealers conduct the games with chips or there may be electronic table games which are similar to a traditional game played at a table but use an electronic device through which customers place their wagers.
In a table game, you usually sit around a table, which is normally designed specifically for the game being played. The croupier or dealer enables the game and manages payments. Table games are played for money. You bet on specific outcomes and a successful bet is paid according to the odds set at the table. The House edge (Edge) is a universally accepted feature of international casino gaming. It is a measure of the percentage that a casino would expect to retain, on average, from each hand or spin, given normal patterns of play.
Casino games such as Roulette and Blackjack are bankers’ games and, as such, are games of ‘unequal chance’. The nature and structure of these games therefore gives an advantage to the casino, otherwise known as ‘the House’.
In very simple terms, it largely works in two ways:
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’. By contrast, you will only win if your own hand beats that of the Dealer.
In other bankers’ games, like Roulette, the ‘Edge’ is achieved by the casino paying slightly less than the ‘true’ odds for a particular bet. For example, the true odds for a single Roulette number to win are 36 to 1, since there are 37 compartments on the wheel. However, winning bets are actually paid at 35 to 1.
If you intend playing casino games, you should always check on the casino’s ‘House edge’, available in a House Edge leaflet or leaflet other means of displaying the information, which is a requirement at all casino premises. The licensed casino in the Republic produces a series of leaflets entitled ‘how to play’ which are available in the casinos or online.