Gambling casinos originated in Europe. There have been casinos in Europe for over two hundred years. The first were found in the expensive French resorts and German spas. The casinos began to draw a much wider public with the introduction of roulette in the late eighteenth Online Casinos century.
Around in 1930 when several European countries legalized table gaming, many new casinos were established. Based on the gaming laws the social and legal status of casinos varied from country to Best Online Casinos country.
Some countries opted for a system of nationalized casinos, while others by licensing private operators created a more open and competitive gaming market. Starting with smaller casinos that mostly catered to the local market, there gradually emerged casinos with large premises with a particular appeal to tourists.
The House Edge
The House Edge is a universally accepted feature of International casino gaming and on average, the House Edge applied in UK casinos is one of the lowest compared to many other countries.
Casino games, such as Roulette, Blackjack, and Baccarat etc are games of ‘unequal chance’. The nature and structure of these games therefore gives an advantage to the House which is actually casino. This is known as the ‘House Edge’.
The House Edge gives a measure of the percentage that a casino would expect to retain, on average, from each played hand or spin, given normal patterns of play.
The House Edge works in two ways in very simple terms:
- In games such as Blackjack, for example, the Dealer wins all bets from losing players even if their own hand is also bust. This is because the Dealer ‘holds the bank. On the contrary a player will only win if
a) they don’t bust and
b) their hand beats that of the Dealer. - In games such as Roulette, the House Edge is achieved by the House paying less than the “true odds” for a particular bet. An example of this would be, the true odds for a single number to win are 36 to 1, since there are 37 slots on the wheel. However, the winning bet is actually paid 35 to 1 that is 1 chip less. This works out to 2.7% advantage for the House.
Admittance ID – Identification requirement for admittance
In most land casinos a Passport or a form of identification is required with live table games. In some countries the casinos do not accept a driving license as a form of identification and its example is Luxembourg where driving license is not accepted.
In Bulgaria and Poland even though you become a registered member of the casino and carry a membership card by law to bring you are required to carry your Passport or ID every time you visit a casino with live table games. By contrast, in Lithuania you do not have to show your passport or need to register when you enter a casino with and without live table games.