Reasons To Play Blackjack

November 22nd, 2017

Reasons To Play Blackjack

By: Ryan D.

Blackjack is by far the most popular table game at online casinos. The reason for this is that if blackjack is played to a correct strategy, the house edge is less than one percent. This is the lowest house edge of any table game. However, most casinos plan based on a house edge of around two per cent. This is simply because they know that most people will not play a correct strategy. Many players give the house a massive advantage by playing erratically (“I know the blackjack has to come right now!”). So, betting decisions made by the player actually affect the advantage that the house holds. In games like roulette, the house edge is 5.26%. Each spin is a completely independent event. The house edge therefore does not change, and cannot be influenced by the player.

In blackjack, events are dependent. This is because as each card is drawn, the possible outcomes of future draws change, as the deck has changes. The more big cards remain in the deck, the more the player is favored. Advantage constantly shifts back and forth between the player and the dealer. Herein lies the basis of card counting. Successful card counters know when the odds favor them, but card counting is a subject all on its own. The issue is that you do not need to be a card counter to bring the house edge down to near one percent.

A mathematically strategy is possible because the dealer and the player are constrained to a set of rules. Basic blackjack strategy has been known for years and many simulations have been run by experts to devise a strategy. With a basic strategy, the player will decide the action to take based on the exposed cards. This will involve hitting or standing on that basis.

In blackjack you want to beat the dealer and get as close as possible to 21. As the player always acts first, you want to sometimes stand on a lower hand in the hope that the dealer will draw a card that will result in a bust. Even if the dealers bust, players who have already bust always lose. Therefore, players have to learn how to play a hand correctly to insure the best outcome based on the mathematically correct strategy.

Blackjack is fun and allows for a correct mathematical strategy, and it is not hard to learn. The great thing about online blackjack is that you can play with the strategy chart right next to you, and make correct decisions on that basis.

Ryan is the editor of <a href=”http://www.online-gambling-insider.com”>Online Gambling Insider

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Ranking The Best Gambling Business

November 22nd, 2017

Ranking The Best Gambling Business

 

By: Jay Bauder

 

Ranking the Best Gambling Business

There are gamblers and there ARE the gamblers. For those who cannot control their gambling addiction and those who want to delve into the business of gambling, there are some areas to turn in a profit, day or night.

Knowledge of state laws is crucial in making your choice as well as other regulatory and statutes that you need to be knowledgeable of. Remember, the law does not exclude anyone.

As in any type of business, the most crucial aspect in establishing your business is where to locate it. Location, location, location is the key. Unless you want to jumpstart the economy of a certain locality, choosing the perfect location is by far the most difficult decision to make.

Another decision you need to make requires you to evaluate which type of gambling business you would like to get into.

There are a lot of options to choose from in going into the gambling business. One can choose to establish a casino, a lottery outlet, a wagering system, bingo social halls, sweepstakes and dice games.

Casinos

Establishing a casino at the right location can make an individual (who can afford to build one on his own) or a group of individuals rich. But the initial investment is also very steep as the place needs to be at par with world class standards to be considered as the in place to be.

Lotteries

Everybody plays the lottery. Who doesn’t want to get rich quick? So getting a franchise or a license to open a lottery outlet is also another way of making a fast buck.

Wagering and/or Race tracks

Some go for the higher stakes of taking a chance on the outcome of the game from a jockey or from someone else. Building a race track for horses, for dogs or for any other animal is also a lucrative business that can be looked into. Provided state laws allow these animals to be a part of the gaming industry.

Bingo

People just love to play bingo. And formalizing a bingo social hall is just the right business around that corner if your community is into it day and night. Aside from its entertainment value, most charity institutions use bingo socials to forward their causes and solicit funding for their activities.

Sweepstakes and dice games

These have fairly been in the community long before the more elaborate and higher stakes gambling activities available now. However, these do not lose their charms as they provide a high that most people just can handle in their daily lives.

Last word on any gambling business you would want to establish, know your state laws.

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