Casinos
Every single state in Australia has a casino in their capital city.
The state governments gradually realised the revenue windfall that casino
gambling provides via taxation and all of them succumbed to the temptation
of licensing at least one of these cash cows on their own turf. It has
been said that the worst gambling addicts in Australia are the
federal and state governments, as none of them could balance their budgets
without the revenue they cream off from the casinos, lotteries and pokies.
But first a quick aside about online casinos. If you are interested in
online casino play, be sure to use a comparison site. Check out these new
casinos in Sweden. For a Swedish language site that compares the best
bonus offers online, take a look at casinopro's bonus list.
A good guide,
dedicated to South African branded online casino comparisons, is onlinecasino-southafrica.co.za.
For the purposes of the smart gambler, casino games can be usefully
divided into two categories, those which involve a degree of skill and
those which don't. Games which involve no skill because the payout
percentage is always the same in the long run are called 'fixed returns'
games.
If played well, the games which require a degree of skill such as
blackjack tend to offer better percentage returns to the player than games
with fixed returns such as roulette. What happens in reality though is
that the games requiring intelligent decisions are actually some of the
biggest winners for the casinos, because the average player is so bad!
As mentioned elsewhere on this site, most casinos make approximately 2%
profit on turnover from blackjack, whereas if played intelligently
blackjack should be one of the best casino games for the player, returning
only around 0.5% profit on turnover to the casino. This is a sad state of
affairs!
Being informed about the best and worst casino games to play is going to
give you a much better return than those who are ignorant of the
probabilities and will allow you to get better value for your
entertainment dollar. Remember that this (entertainment) is what gambling
at a casino represents for anyone who has not done the intensive training
required to be a successful professional gambler. It is entertainment for
which you, as part of the wider group of casino gamblers, must pay. You
may be lucky enough to win on a given occasion, but overall the pool of
casino gamblers of which you are part will inevitably lose because of the
prevalence of fixed returns games.
Mathematician
Professor Stephen Clarke, writes about this subject here.
At Smartgambler we are not fans of any casino games except the games of
skill such as Blackjack and Poker, and even then only if you have good
reason to believe you actually are a skilled player.
If you do want to visit a casino and are not a skilled player in any non
fixed returns games, we highly recommend that you refer to our
table of comparative returns so that at least you can steer clear of
the truly horrible games.
Expert on probability based attacks on casino games, Tristan
Barnett also discusses a few other possibilities.
Next... Casino
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