The Casino Advantage
One of the first things you notice about a casino is its lack of clocks. While this seems counterproductive, the advantage a casino enjoys over its players is significant. The house edge is the percentage of the house’s gross profit that goes unpaid to players. The longer you play, the higher your house edge will be. Regardless, the longer you play, the more money you’ll lose. So, don’t be surprised if the management gives you free drinks to keep you energized.
In the twentieth century, casinos began focusing more resources on high rollers than they did on regular patrons. High rollers spend hundreds of thousands of dollars per session at slots and other games. These patrons are surrounded by other people, and casinos regularly offer them lavish perks. The casino also offers free cigarettes and alcohol to attract high rollers. The atmosphere of the casino is also designed to attract and retain high-rollers. The noise, light, and excitement of the casino are the main attraction.
The casino industry has increased the use of technology to monitor game play. The use of video cameras and computers to monitor gaming behavior is standard. The use of microcircuitry in betting chips allows casinos to track wagers minute by minute. Even roulette wheels are monitored for statistical deviations. Some casinos have even gone as far as to provide free cigarettes and alcohol to big bettors. A casino is never without competition, so it’s important to ensure that you’re not being taken advantage of.