What Are Online Casino Games

03.01.2021by
Slot machines are a popular type of casino game.

Games available in most casinos are commonly called casino games. In a casino game, the players gamble cash or casino chips on various possible random outcomes or combinations of outcomes. Casino games are also available in online casinos, where permitted by law. Casino games can also be played outside casinos for entertainment purposes like in parties or in school competitions, some on machines that simulate gambling.

Categories[edit]

Overhead view of a casino floor with table games (bottom) and slot machines

Best Online Casino Games. Online casinos offer the same games and chances to win real money as land-based casinos, but they have a wider game selection and bigger jackpots. To help new players find the best casino games to play for their level and style of gameplay, check out our expert's recommended list of the most popular online games. Slot machines are by far the most popular online casino games. That’s why most of the games you can find here are free slots to play for fun. However, we also support other kinds of casino games, including: Free slot machines; Online Roulette; Online Blackjack; Video Poker; We are always working on expanding our library of free casino games. Right now, it’s mostly dominated by slot machines, but we plan to add more games like bingo, baccarat, craps or scratch cards. Our featured games are of course Blackjack, American Roulette as well as some of our more popular slot games such as Fire Storm 7 (3-reel slot) and Jumping Jaguar (5-reel slot). There is no shortage of games for you to get that real casino experience right from the comfort of your home.

There are three general categories of casino games: gaming machines, table games, and random number games. Gaming machines, such as slot machines and pachinko, are usually played by one player at a time and do not require the involvement of casino employees to play. Tables games, such as blackjack or craps, involve one or more players who are competing against the house (the casino itself) rather than each other. Table games are usually conducted by casino employees known as croupiers or dealers. Random number games are based upon the selection of random numbers, either from a computerized random number generator or from other gaming equipment. Random number games may be played at a table or through the purchase of paper tickets or cards, such as keno or bingo.

Online Casino Games If you're exploring online casino games for the first time, there will be thousands to choose from. Starting from the most sophisticated slot machines ever developed. To every variation of Blackjack, Roulette, Video Poker and Craps - and even classic arcade games.

Some casino games combine multiple of the above aspects; for example, roulette is a table game conducted by a dealer, which involves random numbers. Casinos may also offer other type of gaming, such as hosting poker games or tournaments, where players compete against each other.

Common casino games[edit]

Notable games that are commonly found at casinos include:

What Are Online Casino Games

Table games[edit]

  • Poker (Texas hold'em, Five-card draw, Omaha hold'em)

Gaming machines[edit]

Random numbers[edit]

House advantage[edit]

Casino games typically provide a predictable long-term advantage to the casino, or 'house', while offering the players the possibility of a short-term gain that in some cases can be large. Some casino games have a skill element, where the players' decisions have an impact on the results. Players possessing sufficient skills to eliminate the inherent long-term disadvantage (the house edge or vigorish) in a casino game are referred to as advantage players.

The players' disadvantage is a result of the casino not paying winning wagers according to the game's 'true odds', which are the payouts that would be expected considering the odds of a wager either winning or losing. For example, if a game is played by wagering on the number that would result from the roll of one die, true odds would be 5 times the amount wagered since there is a 1 in 6 chance of any single number appearing, assuming that the player gets the original amount wagered back. However, the casino may only pay 4 times the amount wagered for a winning wager.

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The house edge or vigorish is defined as the casino profit expressed as the percentage of the player's original bet. (In games such as blackjack or Spanish 21, the final bet may be several times the original bet, if the player double and splits.)

A European roulette ('single zero') wheel

In American roulette, there are two 'zeroes' (0, 00) and 36 non-zero numbers (18 red and 18 black). This leads to a higher house edge compared to European roulette. The chances of a player, who bets 1 unit on red, winning is 18/38 and his chances of losing 1 unit is 20/38. The player's expected value is EV = (18/38 × 1) + (20/38 × (−1)) = 18/38 − 20/38 = −2/38 = −5.26%. Therefore, the house edge is 5.26%. After 10 spins, betting 1 unit per spin, the average house profit will be 10 × 1 × 5.26% = 0.53 units. European roulette wheels have only one 'zero' and therefore the house advantage (ignoring the en prison rule) is equal to 1/37 = 2.7%.

The house edge of casino games varies greatly with the game, with some games having an edge as low as 0.3%. Keno can have house edges up to 25%, slot machines having up to 15%.

The calculation of the roulette house edge was a trivial exercise; for other games, this is not usually the case. Combinatorial analysis and/or computer simulation is necessary to complete the task.

In games which have a skill element, such as blackjack or Spanish 21, the house edge is defined as the house advantage from optimal play (without the use of advanced techniques such as card counting), on the first hand of the shoe (the container that holds the cards). The set of the optimal plays for all possible hands is known as 'basic strategy' and is highly dependent on the specific rules and even the number of decks used. Good blackjack and Spanish 21 games have house edges below 0.5%.

Traditionally, the majority of casinos have refused to reveal the house edge information for their slots games and due to the unknown number of symbols and weightings of the reels, in most cases it is much more difficult to calculate the house edge than that in other casino games. However, due to some online properties revealing this information and some independent research conducted by Michael Shackleford in the offline sector, this pattern is slowly changing.[1]

In games where players are not competing against the house, such as poker, the casino usually earns money via a commission, known as a 'rake'.

Standard deviation[edit]

The luck factor in a casino game is quantified using standard deviations (SD).[2] The standard deviation of a simple game like roulette can be calculated using the binomial distribution. In the binomial distribution, SD = npq, where n = number of rounds played, p = probability of winning, and q = probability of losing. The binomial distribution assumes a result of 1 unit for a win, and 0 units for a loss, rather than −1 units for a loss, which doubles the range of possible outcomes. Furthermore, if we flat bet at 10 units per round instead of 1 unit, the range of possible outcomes increases 10 fold.[3]

SD (roulette, even-money bet) = 2bnpq, where b = flat bet per round, n = number of rounds, p = 18/38, and q = 20/38.

For example, after 10 rounds at 1 unit per round, the standard deviation will be 2 × 1 × 10 × 18/38 × 20/38 = 3.16 units. After 10 rounds, the expected loss will be 10 × 1 × 5.26% = 0.53. As you can see, standard deviation is many times the magnitude of the expected loss.[4]

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The standard deviation for pai gow poker is the lowest out of all common casino games. Many casino games, particularly slot machines, have extremely high standard deviations. The bigger size of the potential payouts, the more the standard deviation may increase.

As the number of rounds increases, eventually, the expected loss will exceed the standard deviation, many times over. From the formula, we can see the standard deviation is proportional to the square root of the number of rounds played, while the expected loss is proportional to the number of rounds played. As the number of rounds increases, the expected loss increases at a much faster rate. This is why it is impossible for a gambler to win in the long term. It is the high ratio of short-term standard deviation to expected loss that fools gamblers into thinking that they can win.

It is important for a casino to know both the house edge and variance for all of their games. The house edge tells them what kind of profit they will make as percentage of turnover, and the variance tells them how much they need in the way of cash reserves. The mathematicians and computer programmers that do this kind of work are called gaming mathematicians and gaming analysts. Casinos do not have in-house expertise in this field, so outsource their requirements to experts in the gaming analysis field.

See also[edit]

References[edit]

  1. ^'Michael Shackleford is the wizard of odds'. Observer. Retrieved 13 October 2015.
  2. ^Hagan, general editor, Julian Harris, Harris (2012). Gaming law : jurisdictional comparisons (1st ed.). London: European Lawyer Reference Series/Thomson Reuters. ISBN978-0414024861.
  3. ^Gao, J.Z.; Fong, D.; Liu, X. (April 2011). 'Mathematical analyses of casino rebate systems for VIP gambling'. International Gambling Studies. 11 (1): 93–106. doi:10.1080/14459795.2011.552575. S2CID144540412.
  4. ^Andrew, Siegel (2011). Practical Business Statistics. Academic Press. ISBN978-0123877178. Retrieved 13 October 2015.
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Casino_game&oldid=991482854'

Casino games and gambling are popular for a long time. Some of the most popular games are Poker, Blackjack, and Roulette. On the other hand, with the introduction and wide use of smartphones in recent years, with highly developed technology, we can see that online casinos became much more popular than standard land-based ones.

The main reason for that lies in the fact that you can try out your luck whenever and wherever you are, by registering on some casino app or online platform, and placing your first deposit. Moreover, many people find online casinos attractive because most of them offer a free bonus or doubles your deposit first time when you register.

While many people find it interesting to visit some big casino resorts like ones in Las Vegas or Atlantic City, online platforms where you can gamble are much more convenient. When it comes to odds, there is no big difference between machines in some land-based casinos and virtual ones. However, you should look for online platforms that offer at least a 95%-win rate. We advise you to always check the reviews of online casinos and avoid ones with smaller odds. Always look for casinos that offer great bonuses, like netti-kasinot, where you can see what are the best online casinos in Finland.

Furthermore, you should learn more about all the games that are available in online casinos, and what are your chances for a win. Each game has different odds, and most of them do not require any special skills to play them successfully. Here are six casino games with the best odds to win online.

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1. House of Doom Slots

Besides the widely popular table games such as Texas Hold’Em, Roulette, and Blackjack, most people today prefer slot machines. The main reason for that is you don’t need any knowledge here, only pure luck. Also, most of these games offer amazing bonuses, free spins, jackpots, and interesting graphics and gameplay that people find amusing and relaxing. One of the best virtual slot machines when it comes to winning odds is House of Doom Slots. You can play this game on your smartphone and enjoy great thematic, music, and graphics. There are 5 reels and 10 pay lines in the game, while the most valuable symbol pays 70 times the bet. Also, like in many other games, there is a Wild symbol. The reason why this game is so popular is because of the Bonus Game, which could pay you a maximum of 2,500 times your bet. Besides the House of Doom, there are also many other online slot machines with great return rates, such as Mega Joker, Ugga Bugga, Chess Mate, Blood Suckers, Big Bet Machines, Kings of Chicago, and more.

2. Age of The Gods Roulette

While many people who prefer roulette would rather play at the table than over their phones, this game might attract them because it offers you a chance to play a live-dealer roulette from your home. The developers of this game managed to create a special studio where the dealer is spinning the ball while players can watch it over their phones. Another interesting thing is that there are several jackpots available as well. The biggest win could bring your 243,000$ in one hand. Also, the winning ratio is near 95%, which represents one of the highest paying roulette today. Moreover, you can check the statistics of previous hands. Nonetheless, you can get up to 600$ in bonuses when you register for the first time.

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3. Online Video Poker

Each online casino game is offering a different RTP ratio, and for people who are playing with higher bets, it is very important to have the highest possible ones. The online Video Poker is the game with the highest return to player rate that is over 99%. The house edge is only around 0.5% which means that there is a great chance for you to win or at least not to lose much. Company Microgaming All Aces offers the highest return ration with 99,92%. Moreover, even though these games have a high percentage for a win, you should know that playing poker successfully requires some strategy. You should learn when is the best time to place a higher bet or to gamble more.

4. Online Baccarat

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While this game was considered only as one for a player who is interested in playing big hands with a minimum of 100$ per bet, we can see that many online casinos have lower wages today, with a minimum of around 5$ on average. Also, you can even find ones where you can play a hand with only 1$. However, you should know this game offers you to only double your bet, like in Blackjack, and if you are interested in playing smaller bets, some games like online slots can offer you a chance for a much bigger win with minimum bets. On the other hand, the main benefit of Baccarat is that there is a high chance for a win.

5. Online Blackjack

Blackjack is one of the most popular casino games. The main reason for that is the house edge is only around 1% in most cases, while the most popular online platforms like Microgaming, Betsoft, and Playtech, are having only slightly over 0.3% house edge. You should learn about all of the factors that affect the house advantage such as late surrender, double down, the action of a dealer on a soft 17, number of decks, and more.

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6. Texas Hold’Em

While video poker is a game that you play on a virtual machine, the biggest advantage of widely popular Texas Hold’Em poker is that you can play against other people. This game requires some skills and experience, and it is one of the rare games where luck is not the only factor for a win. Many online casinos have virtual tables and tournaments for this game. Also, if you are good enough, you can try out and compete at the Online Poker tournament. The biggest prize pool was over $12 million. Free slot machines win prizes.

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