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I to be able to traveling to Nevada not that long ago and cannot help noticing a very strange decline in the sophistication of your average Casino player. I can remember some time when the table games, roulette, blackjack and the crap tables earned 80%-90% of a casino’s income and the slot machines earned the other 10%-20%. Today the whole process may be reversed. The slots are making 80%-90% of this casino’s income and the tables decide to make whatever remains.
The implications of this transformation are huge if recognize the probability of casino golf games. Every casino table game has predictable odds that are positioned by law and custom. In short, it is easy to know the suitable odds for every play at a casino table. The correct odds for a slot machine are only known to casino management and can be changed when needed. There is only one restriction. By state law, the house edge in Nevada casinos cannot exceed 25%. As being a practical matter, most casinos set property edge on high teens, 16%-18% being typical.
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