Las Vegas Casinos
There is a special place in the heart of Las Vegas for the gambler. Casinos have been the scene of many movies, including the famous “Oceans 11” from the 1960s starring the Rat Pack. This movie was subsequently remade with George Clooney, and has inspired several sequels. Today, casinos offer one-armed bandits, countless tables, and five-star food. The gambling establishment is the ultimate escape for the wealthy, and millions of dollars pass through its doors daily.
The casino must ensure that the casino can withstand the expected number of bets that it receives. This is done by limiting the number of patrons. This ensures that no patron will win more than the casino can afford to pay out. The mathematical expectation of winning each game is a high enough standard that casinos never lose money, and they offer lavish incentives to big bettors. These inducements include reduced-fare transportation to Las Vegas, free drinks and cigarettes, and free room service.
Casinos offer a wide range of games. Some of the games offered are banked (i.e., the house has a stake in the outcome), and others are nonbanked (the house cuts a percentage of each bet). Depending on the number of players and the amount bet, casinos may offer incentives to big bettors to increase their chances of winning. However, some casino operators may offer free drinks and cigarettes to attract high rollers.