It’s a fact: casinos are not charitable establishments. The casino’s business model is based on profits, and it incorporates built-in advantages that increase the odds of losing money. These “house edges” are calculated based on the average gross profit for each game, and the longer you play, the higher the house edge will be. As such, the longer you play, the more you’ll lose money. In order to combat this inherent bias, the casino spends a lot of money on security.
One method of preventing theft and fraud at casinos is to keep track of the players’ player cards. These cards keep track of patrons’ spending and other activity, and alert the host of potential pain points. A casino will also consider telling behavior in order to provide free casino credits, meal vouchers, and other perks. These tactics make the casino’s reputation more reputable, and it’s no wonder casinos want to attract compulsive gamblers.
One method of preventing robberies is to install surveillance systems throughout the casino. Video cameras and computers are now routinely installed to monitor the gaming floor. Some casinos even use “chip tracking,” which involves betting chips that contain microcircuitry that allows the casino to monitor the amount of each player’s wager minute-by-minute. Routinely monitored roulette wheels are also checked for statistical deviations. Finally, there are enclosed versions of many casino games, which eliminate the need for dealers and instead allow players to place their bets using buttons.
