Archive for February 8th, 2010

Cambodia Casinos

There is an appealing background to the Cambodia gambling dens that lie just over the border from next door Thailand, where gambling den betting is against the law. Eight gambling dens are anchored in a relatively small location in the city of Poipet in Cambodia. This group of Cambodia gambling halls is in a perfect destination, a 3 to four hour drive from Bangkok and Macao, the two most popular betting locations in Asia. Cambodia gambling dens do a huge business with Thai blue-collar workers and tourists from Malaysia, Japan, South Korea, and Singapore, with only very few Westerners. The amazing income gained from the gambling dens ranges from $7.5 million to more than twelve and a half million dollars, and there are a number of controls requirements for gambling hall ownership. Ownership is required to be largely Thai; still, financial sources are cryptic. The borders are formally open from 0900 to 1700, and even though visas are apparently needed to pass, there are methods and means around this, as is correct of most border crossings.

The initial Cambodia gambling dens opened in Phnom Penh in the mid nineties, but were required to close in the late nineties, leaving just 1 gambling den in the capital, the Naga Resort. The Naga, a moored barge gambling hall, contains 150 slot machines and sixty tables. The Naga gambling hall never closes with forty two tables of mini-baccarat chemin de fer, 4 tables of blackjack, 10 of roulette, 2 of Caribbean Stud Poker, and 1 each of Pai-Gow and Tai-Sai.

The first gambling den in Poipet, the Holiday Palace, opened in the late nineties and the Golden Crown before long opened. There are one hundred and fifty slot machines and 5 table games at the Golden Crown and one hundred and four slot machines and sixty eight gaming tables at the Holiday Palace. The latest Holiday Palace Casino and Resort contains three hundred slots and 70 gaming tables and the Princess Hotel and Casino, also in Poipet, has one hundred and sixty six slot machines and 96 table games, including eighty seven baccarat (the most dominant game), Fan Tan, and Pai Gow. Also, there is the Casino Tropicana, with one hundred and thirty five slot machines and 66 of the common table games, as well as a single table of Casino Stud Poker. One more of the eight gambling halls in Poipet, again in a hotel, is the Princess Casino with 166 slot machine games and 97 casino games. The Star Vegas Casino is is located in a comprehensive vacation and hotel complex that features a number of luxuries in addition to the gambling hall, which offers ten thousand sq.ft. of one hundred and thirty one armed bandits and eighty eight tables.


Regarding the House Edge in Betting House Games

A Look at the Casino’s Advantage

If you’re a recreational player, or if you’re a novice gambler, then you should have noted the term "House Edge," and pondered what it alludes to. Many individuals think that the House Edge is the ratio of monies lost to monies wagered, except that, this is not the case. In reality, the casino advantage is a ratio derived from the average loss correlated to the opening wager. This ratio is important to know when making wagers at the a number of betting house games as it informs you what wagers give you a better opportunity of winning, and which wagers provide the House an impressive advantage.

The House’s Edge in Gaming Tables

Understanding the casino’s Edge ratio for the betting house tables that you bet on is extremely critical because if you don’t know which bets give you the greatest odds of winning you can throw away your cash. One instance of this occurs in the game of craps. In this game the inside propositional bets can have a House Edge ratio of up to sixteen %, while the line bets and 6 and 8 bets have a a whole lot lower one point five % casino advantage. This instance clearly displays the affects that knowing the House advantage ratios can have on your success at a table game. Other casino Edge ratios include: 1.06 percent for Baccarat when betting on the banker, one point two four % in Baccarat when wagering on the player, 14.36 percent when wagering on a tie,

The Casino’s Edge in Casino Poker

Poker games gambled on at betting houses also have a casino’s Edge to keep in mind. If you are planning on wagering on Double Down Stud the casino’s advantage will be two point six seven percent. If you participate in Pai Gow Poker the House’s Edge will be between one point five % and 1.46 percent. If you prefer to play Three Card Poker the House’s Edge will range between 2.32 percent and 3.37 % based on the version of the game. And if you wager on electronic Poker the casino’s advantage is just .46 percent if you gambling a Jacks or Better electronic poker machine.