Fish Table Gambling Game
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Games available in most casinos are commonly called casino games. In a casino game, the players gamble cash or casino chips on various possible random outcomes or combinations of outcomes. Casino games are also available in online casinos, where permitted by law. Casino games can also be played outside casinos for entertainment purposes like in parties or in school competitions, some on machines that simulate gambling.
Categories[edit]
There are three general categories of casino games: gaming machines, table games, and random number games. Gaming machines, such as slot machines and pachinko, are usually played by one player at a time and do not require the involvement of casino employees to play. Tables games, such as blackjack or craps, involve one or more players who are competing against the house (the casino itself) rather than each other. Table games are usually conducted by casino employees known as croupiers or dealers. Random number games are based upon the selection of random numbers, either from a computerized random number generator or from other gaming equipment. Random number games may be played at a table or through the purchase of paper tickets or cards, such as keno or bingo.
Some casino games combine multiple of the above aspects; for example, roulette is a table game conducted by a dealer, which involves random numbers. Casinos may also offer other type of gaming, such as hosting poker games or tournaments, where players compete against each other.
Common casino games[edit]
Notable games that are commonly found at casinos include:
Table games[edit]
| Gaming machines[edit] | Random numbers[edit] |
House advantage[edit]
Casino games typically provide a predictable long-term advantage to the casino, or 'house', while offering the players the possibility of a short-term gain that in some cases can be large. Some casino games have a skill element, where the players' decisions have an impact on the results. Players possessing sufficient skills to eliminate the inherent long-term disadvantage (the house edge or vigorish) in a casino game are referred to as advantage players.
The players' disadvantage is a result of the casino not paying winning wagers according to the game's 'true odds', which are the payouts that would be expected considering the odds of a wager either winning or losing. For example, if a game is played by wagering on the number that would result from the roll of one die, true odds would be 5 times the amount wagered since there is a 1 in 6 chance of any single number appearing, assuming that the player gets the original amount wagered back. However, the casino may only pay 4 times the amount wagered for a winning wager.
The house edge or vigorish is defined as the casino profit expressed as the percentage of the player's original bet. (In games such as blackjack or Spanish 21, the final bet may be several times the original bet, if the player double and splits.)
In American roulette, there are two 'zeroes' (0, 00) and 36 non-zero numbers (18 red and 18 black). This leads to a higher house edge compared to European roulette. The chances of a player, who bets 1 unit on red, winning is 18/38 and his chances of losing 1 unit is 20/38. The player's expected value is EV = (18/38 × 1) + (20/38 × (−1)) = 18/38 − 20/38 = −2/38 = −5.26%. Therefore, the house edge is 5.26%. After 10 spins, betting 1 unit per spin, the average house profit will be 10 × 1 × 5.26% = 0.53 units. European roulette wheels have only one 'zero' and therefore the house advantage (ignoring the en prison rule) is equal to 1/37 = 2.7%.
The house edge of casino games varies greatly with the game, with some games having an edge as low as 0.3%. Keno can have house edges up to 25%, slot machines having up to 15%.
The calculation of the roulette house edge is a trivial exercise; for other games, this is not usually the case. Combinatorial analysis and/or computer simulation is necessary to complete the task.
In games which have a skill element, such as blackjack or Spanish 21, the house edge is defined as the house advantage from optimal play (without the use of advanced techniques such as card counting), on the first hand of the shoe (the container that holds the cards). The set of the optimal plays for all possible hands is known as 'basic strategy' and is highly dependent on the specific rules and even the number of decks used. Good blackjack and Spanish 21 games have house edges below 0.5%.
Traditionally, the majority of casinos have refused to reveal the house edge information for their slots games and due to the unknown number of symbols and weightings of the reels, in most cases it is much more difficult to calculate the house edge than that in other casino games. However, due to some online properties revealing this information and some independent research conducted by Michael Shackleford in the offline sector, this pattern is slowly changing.[1]
In games where players are not competing against the house, such as poker, the casino usually earns money via a commission, known as a 'rake'.
Standard deviation[edit]
The luck factor in a casino game is quantified using standard deviations (SD).[2] The standard deviation of a simple game like roulette can be calculated using the binomial distribution. In the binomial distribution, SD = √npq, where n = number of rounds played, p = probability of winning, and q = probability of losing. The binomial distribution assumes a result of 1 unit for a win, and 0 units for a loss, rather than −1 units for a loss, which doubles the range of possible outcomes. Furthermore, if we flat bet at 10 units per round instead of 1 unit, the range of possible outcomes increases 10 fold.[3]
- SD (roulette, even-money bet) = 2b√npq, where b = flat bet per round, n = number of rounds, p = 18/38, and q = 20/38.
For example, after 10 rounds at 1 unit per round, the standard deviation will be 2 × 1 × √10 × 18/38 × 20/38 = 3.16 units. After 10 rounds, the expected loss will be 10 × 1 × 5.26% = 0.53. As you can see, standard deviation is many times the magnitude of the expected loss.[4]
The standard deviation for pai gow poker is the lowest out of all common casino games. Many casino games, particularly slot machines, have extremely high standard deviations. The bigger size of the potential payouts, the more the standard deviation may increase.
As the number of rounds increases, eventually, the expected loss will exceed the standard deviation, many times over. From the formula, we can see the standard deviation is proportional to the square root of the number of rounds played, while the expected loss is proportional to the number of rounds played. As the number of rounds increases, the expected loss increases at a much faster rate. This is why it is impossible for a gambler to win in the long term. It is the high ratio of short-term standard deviation to expected loss that fools gamblers into thinking that they can win.
It is important for a casino to know both the house edge and variance for all of their games. The house edge tells them what kind of profit they will make as percentage of turnover, and the variance tells them how much they need in the way of cash reserves. The mathematicians and computer programmers that do this kind of work are called gaming mathematicians and gaming analysts. Casinos do not have in-house expertise in this field, so outsource their requirements to experts in the gaming analysis field.
See also[edit]
References[edit]
- ^'Michael Shackleford is the wizard of odds'. Observer. Retrieved 13 October 2015.
- ^Hagan, general editor, Julian Harris, Harris (2012). Gaming law : jurisdictional comparisons (1st ed.). London: European Lawyer Reference Series/Thomson Reuters. ISBN978-0414024861.
- ^Gao, J.Z.; Fong, D.; Liu, X. (April 2011). 'Mathematical analyses of casino rebate systems for VIP gambling'. International Gambling Studies. 11 (1): 93–106. doi:10.1080/14459795.2011.552575. S2CID144540412.
- ^Andrew, Siegel (2011). Practical Business Statistics. Academic Press. ISBN978-0123877178. Retrieved 13 October 2015.
Are you ready to dive into adventure and real money riches? When it comes to online gambling, there are many types of games for players to explore. One of the more popular is onlinefish table games. From underwater adventures to lake fishing, there are many ways to enjoy this fun theme at casino sites.
Online gambling fish games are a great way to enjoy the outdoors without leaving home. Once you start playing, you will find that they are fun and exciting, offering plenty of special features and chances to win real money. Check out more information below, including where to find quality themed titles!
Fish Catch – Play This Popular Fish Table Game Online
One of the most entertaining online casino games is Fish Catch. This video slot is entirely different from all the RTG titles. The game does not have any reels or paylines; instead, you’ll find yourself shooting with a cannon in an underwater world full of marine life.
This slot title lets you bet as low as $0.01 and up to $2.50 per spin as the maximum bet!
Special Feature
There is a unique Mermaid’s Luck feature you can trigger at random. When activated, you get to spin the Wheel of Fortune and earn a prize, which will multiply your current bet.
This slot is certainly unique as it does not play like other traditional reeled games. It adds an immersive element that is perfect for water fans.
Play Fish Catch Online For Free
Dive straight into underwater action with Fish Catch. Test your fish shooting skills with this fun game demo before playing for real money at online casinos.
Try Your Luck and Play for Real Money
Where Can You Find Fish Game Gambling Online?
Below are two top-rated legit online casinos where you can play online fish table games for real money. Check out what they have to offer, including premium new player bonuses.
At Red Dog Casino, you can enjoy several table games online. You can find Fish Catch under the Specialty tab once you join the casino site. Red Dog is excellent for new players as it offers a large selection of gaming options and premium banking methods like Visa, MasterCard, and Bitcoin.
As a new player, take advantage of the massive $12,250 Welcome Package. Earn bonus cash as a new player and use those funds to play Fish Catch and other great titles.
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With a unique Roman theme, Slots Empire is a great option for online casino gaming. Find Fish Catch under the Specialty Tab along with other games from leading software providers.
Find slots, table games, video poker, and more once you sign up for a new player account. New members have access to a huge $12,000 Sign Up Package, providing extra funds to use for online gaming. Make a deposit with your credit card or bitcoin and start playing for real money!
How Do You Play Fish Catch?
Even though this isn’t your typical real money online slot game, getting started is easy. Take a look at these three easy steps and you’ll be on your way to big wins!
Choose Your Bet
To start playing, you have to select your bet based on a fish. You can find a selection of options on the screen, each one with a bet level associated with them.
Shoot and Catch
After the game loads, you are taken to an underwater world to catch as many fish as possible. There are powerups you can earn to make catching easier and bet multipliers to power up your cannon.
Win Cash Prizes
The more bullets you shoot at the same fish, the more likely you will capture it. When you catch one, you receive the value of the fish in your game balance.
Video Recap – Play Fish Shooting Games at Online Casinos
The OUSC team created this exclusive video with everything you need to know about playing fish table games online. Watch the video for exclusive tips on how to win!
Why Should You Play Fish Table Games Online?
How To Play Fish Table
Still not sure about diving into this exciting gameplay experience? Take a look at some of the many reasons why you should play fish-themed online casino games.
Exciting Themes
This type of gaming offers exciting themes that place you right at the center of underwater action. The game comes to life with special effects and 3D animations.
Win Real Money
When you play fish table games online, you have the chance of winning real money. This means you can earn real cash prizes, including jackpots.
Play On-the-Go
You can play on your mobile device whenever and wherever! Easily play new titles wherever you have an internet connection using your mobile device, be it tablet or smartphone.
Special Features
Take advantage of unique features like free spins, multipliers, and bonus rounds. All of these options increase your chances of winning real money prizes!
Swim Into Cash Prizes With Online Fish Table Games!
With selections like Fish Catch at Red Dog and Slots Empire, you have access to unique online table games that offer an exciting, immersive experience. Not to mention, you can play for real money, which helps you to earn cash prizes.
Sign up today at either of our recommended online casinos to begin exploring fun fish table games online for real money!
