The word casino can evoke visions of glamorous, twinkly gambling dens where patrons sip cocktails and nibble on shrimp cocktail while rolling the dice and hoping for Lady Luck’s blessing. The reality is a bit more complicated: like all businesses, casinos are designed to make money, and they have built-in advantages that ensure they will. These advantages are called the house edge and variance, and they are calculated by mathematical experts in the field of gaming analysis.
The elegant spa town of Baden-Baden first attracted royalty and aristocracy 150 years ago, and today’s gamblers still come to sample its luxurious accommodations and top-notch facilities, from its red-and-gold poker rooms to the 200,000-gallon shark aquarium. The most striking feature is the main casino building, which was designed to resemble the Palace of Versailles, with its awe-inspiring baroque flourishes and a spectacular chandelier. The dazzling interior is capped by a giant gold statue of the emperor that is topped with a 61-lb nugget, the Hand of Faith.
Gambling can be addictive, so it is important for players to manage their bankroll. The best way to do this is to set a fixed amount of money to gamble with, and stick to it. Those with gambling problems should consider seeking help through organizations like the National Council on Problem Gambling, or using their state’s hotlines and support services. Lastly, casinos should offer secure US banking options and quick bet settlements on sporting events.