- The debate whether chance or skill is the dominant element …
- The legend of the professional gambler isn’t quite the myth …
- I’ll tell you what — in a world where everybody …
- Have you meant to hop on the online casinos’ bandwagon? …
What are Your Winning Chances at a Small Casino?
Trying your luck at the slots machines or the tables of a small casino definitely has its allure, the bulk of which is fuelled by a love for a bit of seclusion and perhaps a desire to enjoy a quieter gaming environment. Maybe it isn’t even a matter of choice and your nearest casino is representative of the small town you live in. Either way, it’s worth discussing the odds associated with taking your chance in a small casino.
It’s all relative
I suspect you can already guess where I’m going with this, but if not then it all points to the chances of winning at a small casino being vastly reduced in relation to the size of the casino. What goes down as a big win which is celebrated at a small casino may not be as big as say a win at a casino located on the Las Vegas strip, for example. So it is indeed all relative.
For professional gambler, however, this doesn’t mean that we stay away from small casinos altogether. After all, it is the small, incremental winnings which the typical pro gambler goes after to meet the monthly quota of your basic income, after which time you can then take the bigger risks with the hope that soon lady luck will smile upon you again and you hit the big time. So I can confidently say that as much as small casinos offer reduced chances of winning the mega jackpots you’d otherwise be in line for at bigger gambling establishments, I do frequent smaller casinos quite a lot actually and I love them because of the frequency with which I can amass small winnings — small winnings that add up very well.
A smaller pool of takings
You probably know this by now that any casino which is regulated under the ethical act in the jurisdiction it falls is pretty much guaranteed a profit, which is why casinos are so heavily regulated. A casino license falls very little short of being a licence to print money and so that’s why casinos also pay huge taxes.
What casinos are also subjected to as part of their terms of operation is the obligation to return a fixed percentage of their house takings in the form of winnings which are paid out to gamblers. So if you were the singular client of a casino for example and you bet with $100 every single day of the year, a certain percentage of that would be given back to you.
Looking at this way puts some perceptive on things, doesn’t it? So when we speak about smaller casinos it becomes clear that there’s a smaller pool of gamblers from which to draw profits, but there’s also a smaller pool of gamblers amongst which to share the returns in the form of winnings, which goes back to you being in line to win more often, albeit winning smaller jackpots and prize money.
So as far as it goes with me — I simply supplement the gambling I enjoy at a small casino with online gambling, but that’s when I’m in one place for a little while of course.