Nut hand

November 30th, 2008

In poker, the nut hand, or just the nuts, is the strongest hand possible in any particular situation. The term applies mostly to community card poker games to mean the individual holding that makes the strongest hand possible with the given board of community cards. By extension, the term is used [...]

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Online casino

November 28th, 2008

Online casinos, also known as virtual casinos or internet casinos, are online versions of traditional (“brick and mortar”) casinos. Online casinos enable gamblers to play and wager on casino games through the Internet.Online casinos generally offer odds and payback percentages that are comparable to land-based casinos. Some online casinos claim higher [...]

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Bridge tournaments

November 26th, 2008

At its core, bridge is a game of skill played with randomly dealt cards, which makes each deal a game of chance. Despite this, chance can be largely eliminated by comparing pairs’ results in identical situations. This is achievable when there are eight or more players, sitting at several tables, and [...]

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Fan-Tan

November 25th, 2008

Fan-Tan, or fantan (Simplified Chinese: 番摊; Traditional Chinese: 番攤; pinyin: fāntān) is a form of gambling long played in China and among Chinese immigrants to America and other countries.
History
Fan-tan is no longer as popular as it once was, having been replaced by modern casino games, and other traditional Chinese games such as Mah Jong and Pai Gow. [...]

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History of the bridge game

November 21st, 2008

Trick-taking games can be traced back to the early 16th century. Whist became the dominant form, and enjoyed a loyal following for centuries.
According to the Oxford English Dictionary, the word bridge is the English pronunciation of “biritch”, an older name of the game of uncertain origin; the oldest known rule book, from [...]

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Faro

November 17th, 2008

Faro is a card game, a descendant of Basset. It enjoyed great popularity during the 18th century, particularly in England and France, and in the 19th Century in the United States, particularly on the American Frontier, where it was practiced by ‘faro dealers’ such as the infamous Doc Holliday. It has since fallen completely [...]

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Kelly Criterion

November 15th, 2008

The Kelly Criterion or as it is sometimes referred to as the Kelly formula is a formula used to maximize the long-term growth rate of repeated plays of a given gamble that has positive expected value. The formula specifies the percentage of the current bankroll to be bet at each iteration of [...]

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Crimp

November 12th, 2008

In gambling terminology a crimp is a bend that has been intentionally made on the corner(s) of a playing card to facilitate identification.A card cheat will typically bend some of the important cards during the game. Below are just several of the most popular examples.
In poker, for instance, a cheat may crimp [...]

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Daily double

November 11th, 2008

A daily double is a type of wager offered by horse and dog racing tracks. It requires bettors to select the winners of two consecutive races. Because of the increased difficulty of picking two straight winners, wining daily double bets often pay off at relatively high odds.The daily double was the first [...]

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Locals casino

November 10th, 2008

A locals casino is a casino designed to attract residents of the area in which it was built rather than tourists or vacationers. The term is most commonly associated with Las Vegas.Locals casinos usually have a different mix of games than other casinos in the area. They usually offer higher payouts, [...]

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Dead pool

November 9th, 2008

A dead pool, or deathpool is a game of prediction which involves guessing when someone will die. Sometimes it is a bet where money is involved. The combination of dead or death and betting-pool, refers to such a gambling arrangement. A typical modern dead pool might have players pick out celebrities [...]

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US slot machine ownership regulations

November 8th, 2008

Here is a list of potential restrictions and regulations on private ownership of slot machines in the United States on a state by state basis. Note that these regulations are subject to change without notice and are not fully guaranteed to be completely accurate.

State
Age of Machine
Legal Status

Alabama
Any Class II
LEGAL

Alaska
Any machine
LEGAL

Arizona
Any machine
LEGAL

Arkansas
Any machine
LEGAL

California
25 [...]

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Toy gun version of Russian roulette

November 7th, 2008

Equipment
The primary piece of equipment used to play modern Russian roulette is a toy gun that has a 1/6 probability of activating when the trigger is pulled. The gun may be a dedicated device, or it could be a video game light gun connected to a computer programmed for Russian roulette simulation.
Play
All [...]

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Dominating hand

November 6th, 2008

In poker, a dominating hand is one with an overwhelming statistical advantage over another specific hand. For example, in Seven-card stud, while a Starting hand of K♠ K♥ Q♦ has the lead over A♦ K♦ 10♥, the latter has many outs (ways to improve) to beat the former (catching an ace, [...]

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Double Exposure Blackjack

November 2nd, 2008

Double Exposure Blackjack is a variant of blackjack in which both the dealer’s cards are revealed to players at the start of the hand. Knowing the dealer’s hand provides significant information, and without rules modifications would be advantageous to the player.The main rules changes to provide the casino with the advantage are [...]

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Business Aspects of Housie

November 1st, 2008

In New Zealand and Australia, housie is often used a fundraiser by churches, sports teams, and other groups, and raffles are sold before the game.
Bingo, as housie is known as in the UK (not to be confused with the similar US game Bingo), is an expanding and highly profitable business, with many [...]

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Bridge

November 1st, 2008

Players: 4
Age range: recommended for 12 and up
Setup time < 2 minutes
Playing time: WBF tournament games = 7.5 minutes per deal
Rules complexity; Medium
Strategy depth: High
Random chance: Low – high depending on variant played
Skills required: Memory, Tactics
Contract bridge, usually known simply as bridge, is a trick-taking card game of skill, and partly of chance, for four [...]

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Chinese auction

October 30th, 2008

A Chinese auction is a type of auction (actually a combination of auction and raffle) that is typically featured at charity or other fundraising events.In a Chinese auction, bidders are not prospective buyers (as in the conventional English auction). Instead, they buy tickets, which are essentially chances to win items. Bidders may [...]

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Calcutta Auction

October 28th, 2008

A Calcutta Auction is an open auction held in conjunction with a golf tournament, horse race, or similar contest with multiple entrants. It is popular in Backgammon and is currently enjoying rising popularity for NCAA Basketball pools during March Madness.Bidding for each contestant begins in random order, with only one contestant [...]

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Casino war

October 26th, 2008

Casino war is a casino card game based on the children’s game of War. The game is arguably one of the most easily understood casino card games, but it also has a relatively large house edge compared to other games.The game is normally played with six standard 52 card decks. The cards [...]

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