A casino is often associated with gambling activities like poker. These activities and games are usually categorized under the gambling industry. Casino can be traced back in 1797 where card games was the order of the day in gambling. Casinos are usually located in many places that include restaurants, hotels and even cruise ships. They are also located in places where there are many tourists and guests. Casinos are usually associated with rich gamblers but that is not always the case as there are other games where an ordinary one can play against a machine.

Although casinos may not be legalized everywhere, some states in USA have come out and legalized them in order to raise revenue because of the high amount of money associated. There are many places which are recognized so much because of the casinos built there. An example is Monte Carlo. Monte Carlo is known to be a rich man’s town and this has triggered the setting up of over a hundred casinos. There are more than 900 casinos in USA.

Categories of the games in a casino which can be in an online casino include table games, gaming machines and random number tickets. The gaming machines require only one player at a time and usually, attendants are not required to be available for this game to take place. Random number games involve selecting random numbers using random number generators or other gaming machines. The table games involve people sitting round a table and competing with one another.

Security in a here is usually beefed up because of the large sums of money involved and some players may be tempted to cheat. Security here involves surveillance cameras and physical security where bodyguards are in attendance. Players may be accompanied by their respective security personnel. Although casinos usually provide ample security who are alert in case anything suspicious happens. Poker has become a popular game in the casinos nowadays and many people are learning how to play it.

Statistics has shown that all kinds of people attend the casinos. From the people interviewed in casinos, 55% have been found to have college education, 45% have white collar jobs, 25% have blue collar jobs and 25% are the retired population. Apart from the prizes that are awarded (which include cash and other prizes), what distinct the games in casinos is the method used to calculate the reward given or casino bonus. The various methods include using formulas or theoretical win. The formula is used to quantify using standard deviation. Standard Deviation is calculated using the binomial distribution. SD=sqrt (npq) where n=number of rounds played, p=probability of winning and q=the probability of a player losing. From this formula, a winner can be easily determined.

Casinos have widely been associated with crime specifically political corruption. This is mainly because of the large sums of money involved that may attract cheats and other criminals. Gambling in itself is regarded as an illegal game. The crimes include skimming where credit card are granted to individuals who are not required to repay all the loan. This has however been reduced through prohibiting credit in casinos. Others include money laundering and kickbacks.

This article is taken from www.casinopånett.org. No copying or distribution is allowed. Quoting is fine.