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A player undertaking to hold the bank must play out one hand, but may retire at anytime afterwards. On retiring, he is bound to state the amount with which he retires. It is then open to any other player (in order of rotation) to continue the bank, starting with the same amount, and dealing from the remainder of the pack, used by his predecessor. The outgoing banker takes the place previously occupied by his successor. These are common misunderstandings that arise in everyday reasoning about probabilities, many of which have been studied in great detail. Many people lose money while gambling due to their erroneous belief in this fallacy. Although the gambler's fallacy can apply to any form of gambling, it is easiest to illustrate by considering coin-tossing; its rebuttal can be summarised with the phrase "the coin doesn't have a memory". Categories of casino games Another interesting legend I turned up about the origins of the game said that the wheel's inventor actually sold his soul to Satan for it. That one's pretty tough to prove, but an interesting coincidence (or is it?) is that if you add up all the numbers on the Roulette wheel, the total is 666. I'm not sure if that makes me more prone to bet on red or black. Keep track of how much you've wagered! PokerPoker is a microcosm of all we admire and disdain about capitalism and democracy. It can be rough-hewn or polished, warm or cold, charitable and caring or hard and impersonal. It is fickle and elusive, but ultimately it is fair, and right, and just. - Lou Krieger Craps There are three general categories of casino games: Stand: Take no more cards. Big Wheel / Big Six There are more than a few blackjack variations which can be found in the casinos, each has its own set of rules, strategies and odds. It is advised to take a look at the rules of the specific variation before playing. The slot machines are where casinos would like you to play your free cash. But smart players give them a swerve and head straight to the card tables. To be more precise they head for the Blackjack table. Consider a flipping coin game with two players where each player having 50% chance of winning each flip. After a flip the loser transfers one penny to the winner. The game ends when one player has all the pennies. If the number of flips is infinite, the probability that the game will eventually end is 100%. If player one has n1 pennies and player two n2 pennies , the chances P1 and P2 that players one and two, respectively, will end penniless are: I'm so glad that Bodog has added Mac compatibility. Before this I can't tell you how many casinos I tried where the run-in-your-browser Java or Flash software allegedly worked on Macs but didn't. I didn't try all the one that purported to work on Macs because Ie gave up after the first several didn't work. I couldn't get no-download versions to work from Captain Cooks, Unified Gaming, InterCasino, Sands of the Caribbean (CryptoLogic), or Roman Palace. Strike It Lucky casino finally acknowledged to me via email that their games don't really run on Macs, though months later their website still proudly (and falsely) claims that they do. Fortunately there's now an alternative. (visit Bodog) Split: Double the wager and have each card be the first card in a new hand. This option is available only when both cards have the same value. Each punter continues to hold the cards for his side so long as he wins. If he loses, the next hand is dealt to the player next following him in rotation. Click Here to see an image taken from my Neteller account confirming transactions for the casino's I used it as the payment option. Gaming machines Other examples It will be interesting to see how the outcome of the pending suit will affect Internet Gambling. Anthony Cabot, an Internet Gambling expert, believes the case will have little effect on online casinos. Other analysts feel that if the credit card companies refuse to allow their cards to be used for online gambling it will decrease the use of online casinos. The goal of each player is to beat the dealer, by having the higher, unbusted hand. Note that if the player busts, he loses, even if the dealer also busts, which is the source of the casino's advantage. If the player's and the dealer's hands have the same point value, this is known as a "push", and neither player nor dealer wins the hand. Roulette
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