Written on February 3, 2010 by admin
Filed Under: Money online
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Before playing any Slot Machine Games, it’s important to think about the odds of winning. Unlike a traditional casino game, slot machines don’t have universal odds. Rather than thinking about odds, think about payback percentages. This is the first and more important factor when it comes to deciding which machine to play. Read More
Written on December 18, 2009 by admin
Filed Under: Money online
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Written on November 19, 2009 by admin
Filed Under: Money online
There are many things that make poker the best game to play – more skill, more fun – but the key advantage is that you are up against the other players around the table and, over time, the best players will win as the luck evens out and the skill takes over. Unlike blackjack and the other table games, there’s no house edge to give the casino operator a guaranteed percentage. You take your winnings out of the pockets of those you beat. From the point of view of the casino, this is bad news. Here it is with its capital tied up in bricks and mortar and its outgoings burdened with a staff of dealers, and it has no edge to help cover its costs. So, it charges the players for the right to sit down and play the game. This fee is called the “rake” because the dealer physically rakes in chips at the end of each hand to cover the fee. The amount varies. Sometimes, in the more exclusive rooms, it can be as high as 10% per hand, but it’s usually capped and falls to very small percentages when big bets are made.
The fact that you play online does not change the economics of the casino’s operation. There may only be one small building and very few staff, but it costs money to install and maintain the software. Servers have to be paid for to host the games. So the casino must still cover its costs when offering a poker room. The advantage is that the costs of virtual operation are significantly less than the real world costs and so the rake percentage is usually lower and capped. On a $50 pot, the rake might be 5% but on a $500 pot it might be 0.5%. So high stakes or no-limit players might pay only a small rake. Whereas small pot players could pay quite high fees except that most online casinos cap the amount per hand at no more than a sum between $3 and $5. Nevertheless, the amount of the rake paid over a month might be substantial for regular players. Read More
Who I'm? This is a tricky question to answer as I’m not always entirely sure who I am from one moment to the next.