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Casino, Online Gambling: Everything you need to know about the gaming industry

| Mar 31, 2017 05:27 PM EDT

Visitors wait for the casino hotel Crown Macau official opening May 12, 2007 in Macau, China.

Casino, which is a place that houses several gambling games, can be easily spotted near hotels, shopping places, restaurants, cruise ships and places where you can find tons of tourists lurking. Some casinos have live bands, host live entertainment events like concerts, stand-up comedians and many more.

Casino came from its Italian origin Casa, which means house, summerhouse or a social club. The origin of gambling is unknown, but the first European gambling house was called Ridotto when it was established by the Great Council of Venice to provide a regulated gambling. Casino ensures to have a nice lighting, sound and odor to make the experience more enticing and relaxing. In the United States, early casinos were called saloons, wherein people often talk, drink and gamble.

Most regulations worldwide require you to be of legal age with a minimum of 16 to 21-years-old prior permitting you to enter casino. When inside a casino, a vast selection of games - from baccarat to blackjack, poker, roulette and many more - are being offered, and most of them are to the players' advantage, which is normally termed as "house edge." However, with poker, players are playing against each other thus the house takes a commission which is called "rake."

It can be noted that the first well-known casino, Casino di Venezia, which was located in Italy, was established in 1638 and still operational until today. Though there are many casinos like Casino di Venezia that can be found in all parts of the world, online gambling is now getting more and more popular. Popular online gambling that is played most parts of the world were Poker, Roulette, Blackjack, Baccarat and Bingo.

Online poker players go against each other and make money through the 'rake' and tournament fees. This game requires gambling strategy and skill.

Roulette, on the other hand, was named after a French word meaning a little wheel. Players may choose the number where they want to place their bets. There are ranges of numbers from single to double numbers, even and odd numbers that coincide with the black and red color. The winner is determined by the spinning balls in opposite directions, and as the ball loses its momentum, it falls onto the wheel and lands in one of the 37 numbers.

Blackjack is another casino game adapted online that is popularly known as twenty-one. Blackjack is one of the most played games inside a casino, wherein players go against the dealer and not against each other. The main objective is to beat the dealer by getting twenty-one points on the first two cards, reach a final score higher than the dealer but not more than twenty-one, or let the dealer exceeds twenty-one by drawing additional cards.

Baccarat is another form of card game that is also popular as it is an exciting game that is full of suspense and intrigue. There are three possible outcomes in playing baccarat - either the player wins or the banker wins or it's a tie. The banker doesn't necessarily mean that it is the house as the banker can be one of the players. Participants have the option to bet on either the player or the bankers' hand.

Meanwhile, Online Bingo, which was launched in 1996, is popular everywhere around the world. For online bingo, they use a random number generator instead of the regular balls. It has an auto dab option wherein players don't have to do it themselves. There are also different kinds of bingo to choose from like inexpensive game rooms which are popular to those who don't want to spend much.

Since the late 90's, the internet has made the online gambling industry grow. People who are into these kinds of games can play it anytime and anywhere, making it more accessible for them. This only proves that the future of gambling will continue to rise as the technology grows.

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