Underneath the veneer of flashing lights and free cocktails, casinos are mathematically engineered to slowly bleed their patrons of cash. For years, mathematically inclined minds have tried to beat the house by leveraging their knowledge of probability and game theory to exploit weaknesses in a rigged system.
The most famous example is perhaps the game of poker, in which players use superior skill to profit from the other players’ losses, while the casino takes a small percentage of the winnings. In the twenty-first century, casinos are becoming even more choosy about who they accept as customers and often restrict access to high-stakes gamblers by creating special rooms where the stakes can be in the tens of thousands of dollars. These gamblers are generally rewarded with comps (free meals, hotel stays, or other perks) that can significantly increase their chances of winning.
Online casinos are a different story altogether. In order to compete with established traditional operators, they need to offer the same experience across multiple platforms and devices. This is a huge challenge, and one that cannot be addressed by a single team alone. As a result, many iGaming companies rely on third-party experts to create their software and deliver top-notch customer support.
In addition to offering a wide variety of games, online casinos also provide the opportunity for players to socialize with other users and win big money. This provides excitement and entertainment for many people, especially those who don’t have the opportunity to visit a physical casino. They also contribute to the economy by providing jobs and generating tax revenue.
