In: Economics
What is the difference between advantage play and cheating on a casino game? Please provide detailed examples. Please provide relevant data and examples.
The house always wins because the house plays a long game. Casinos have the statistical advantage in nearly all the gambling games they host. That statistical advantage pays of over time. In this post, I’ll be explaining the main differences between cheating and advantage play.In a game like poker, the casino makes money from the rake and selling other services, like room nights. All the action stays on the table and the players divide the money.Gambling experts say slot machine games are more profitable for casinos than nearly any other kind of game because the machines are programmed to pay less money or less often than traditional games like baccarat, blackjack, and roulette.
Both cheating and advantage play may be profitable for the player. But cheating is specifically any activity that is prohibited by law. Advantage play is similarly effective, but not specifically prohibited by law. This explanation may appear mundane, but it is important to understand that law significantly differs between jurisdictions. So what is considered legal advantage play in one jurisdiction, may be illegal cheating in another.one example is in Vegas, the use of roulette computer devices is strictly illegal. If you are unfamiliar with the technology, see #1 at the page explaining the best roulette systems which lists some of the best and genuinely effective systems. Basically roulette computers are hidden electronic devices that measure the speed of the wheel and ball to predict the winning number. If you are caught using a roulette computer in Las Vegas, you will almost certainly be charged with a felony. But in many European countries, the devices are not specifically illegal. That is to say the legal definition of cheating does not cover the use of electronic predictive devices. And by definition, if something is not specifically illegal, then it is legal.Designing a slot machine game is like adding extra zeroes to a roulette wheel without the players seeing the extra zeroes. If the casino wants a 40% return on a slot game, they can pick the game that gives them that expected return.
The simplest way to explain the difference between cheating and advantage play is to look at how the house always wins. They have the statistical advantage in every game.The house edge is the result of the difference between the payout odds on the game and the probability of any winning combination occurring. If a probability is 36 to 1 in roulette the payout odds are 35 to 1.A licensed, regulated casino has nothing to gain from cheating its players. They’ve already agreed to play games that give the house an edge.I have seen a few people describe cheating as advantage playing. They feel that because they can get away with the scam, they have an advantage over the casino.No matter how stringent and unfair game rules may seem, advantage players accept them. One house rule is always the same—the players decide where to wager their money.
Example:-Gambling law varies considerably between jurisdictions. Again what is legal in one jurisdiction is not necessarily legal in another. But there are some commonalities between jurisdictions. One example is the influence of any casino game results is considered cheating. So if you tampered with a roulette wheel to doing increase your chances of winning, this would be considered cheating.
One of the weaknesses in gambling laws that define cheating is often they do not consider predicting game outcomes to be cheating. After all, every roulette player already tries to predict the next winning number. And just about every player for every casino game has their own gambling system. It’s just not viable for casinos to outlaw people from trying to win.The consequences for cheating and advantage play are not very different at first assuming the scale is small. But the more you cheat, the more likely you’ll face jail time. The more you use advantage play, the more likely you’ll face frequent shuffles.I think the easiest way to get by is to enjoy the game and stay within your gambling budget.