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Why do we lose money in gambling, when we can play things that are Close to being a 50/50 Bet? Like Baccarat, Blackjack, Black or Red in roulette and Sports Betting. Imagine we get to pick what we want to Bet on, and the Casino still wins. So Crazy
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In a casino game (ex: blackjack or roulette), after winning the bet and receiving the winnings on the table, if the player walks away without collecting their bets, who keeps the money? Does it go back to the house or will they chase the player to collect their earnings?
In a casino game (ex: blackjack or roulette), after winning the bet and receiving the winnings on the table, if the player walks away without collecting their bets, who keeps the money? Does it go back to the house or will they chase the player to collect their earnings?
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TIL that in some standard Blackjack games, counting cards gives the player only a 1% edge over the casino. At a table where a player makes a $100 average bet, a 1% advantage means a player will win an average $1 per round. That's $50/hour if the player is dealt 50 hands per hour.
@nytimesbusiness: As Las Vegas prepares to reopen, casinos are now taking out slot machines and considering raising minimum bets at card tables. Regulators have capped capacity at three players a table for blackjack and four for poker. https://t.co/RLomvdzDYL
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@barronsonline: In a Covid-19 world, lots of stay-at-home bettors are drawn to online casino gambling like slots and blackjack. But sports will return, which may explain the investor excitement about a sports betting deal. https://t.co/myA4W0Cg4i
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LPT: Want to play blackjack at the casino with friends but can't find a table with more than one open seat? Take the open seat and play very poorly at minimum bet. It's guaranteed that at least one person at the table will get frustrated and leave to find a table without a "newbie".
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