FACT#1: Casino = Maze?
If you've ever been in a land based casino then you will know exactly what we are talking about here! Casino's are intentionally built in a complex maze like style just to make it harder for the punter to leave.
This is just one among several other strategies that casinos use in order to get their customers to stay longer and spend more in their casinos.
FACT#2: Free drinks – what is in it for the house?
Most of us are guilty of having knocked back a few too many cold ones and woken up the next morning having burnt through our wallets and sometimes even our bank accounts.
The fact is that alcohol makes you make bad decisions as it severely impairs judgment and decision making skills, and the casinos know this very well. They will therefore happily serve you your favorite cocktail or drink of choice for no cost at all and the rounds will just keep on coming.
This is a trick that casinos have been using for several decades now in order to ensure that their customers really unwind and end up spending regrettable amounts during their visit. In fact, the next time you make an excursion out to Las Vegas, observe the people that are on board the aircraft and on the way to Vegas and then observe the contrasting body language and expressions of the people about to make their way out of Las Vegas. Why the difference? Well, Vegas got the better of them and they made some pretty questionable decisions.
FACT#3: Ever seen a clock at a casino? Well now you know why you haven't!
Casinos avoid not only clocks, but to the best of their abilities even windows in an attempt to keep their customers from having any sense of time. If the drunken punter has no idea how long he has been there then at no point will he think to himself – Oh! Look at the time, I should go home!
This strange tactic actually works as anyone inside the casino industry will tell you.
FACT#4: The demand for gambling is not unlimited
Contrary to popular belief the demand for gambling is not actually unlimited. Land based casino style gambling in the US alone has plummeted through the roof over the last three and a half decades. It used to be just the two states of New Jersey and Nevada where you could legally gamble four decades ago, but now there are 40 plus states where gambling is legal and that number seems to keep steadily increasing. Is it only a matter of time before all fifty states in the U.S.A legalize gambling?
There are over a staggering 700 casinos in the US as of 2014. Among the 20 biggest metropolitan areas in the United States, a mind blowing 17 of them have casinos within just an hours' drive away. However, despite the incredible growth, consumer demand is not infinite say experts. To bear testimony to this we can analyse the closure of three Atlantic City properties.
Also, when there are too many casinos in just one area targeting limited population, it results in something known as cannibalization.
FACT#5: Keno – is it really a good idea?
Punters are always looking at numbers and trying to comprehend which game gives them the best odds at winning and trying to figure out systems and betting strategy, but have you ever wondered – which game has the highest house edge? Well, the answer is Keno!
The house edge can be anywhere between 25% and 29%, which is staggeringly high as any veteran punter will have you know. Basically, in layman terms, it means that the house will pretty much simply keep 29% of the money which is bet on the game.
FACT#5: 52 cards in a deck! Why?
The truth of the matter is that nobody really knows. Historically, the French deck had 52 cards in it and thanks to colonialism this deck was popularized globally albeit nobody knows why it had 52 cards exactly.
One interesting theory is that the deck has 52 cards in it because a year has 52 weeks in it and the sum of all the symbols in a 52-card deck is equal to the number of days in one year, 365. Is that just pure co – incidence or is that actually what the 52 card deck is based on? We will let you make up your own mind about it!