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How to understand gambling dynamics

Find out fundamentals about this industry

By Arnald DPublished 4 years ago 3 min read
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Who has never felt the desire to try his luck since he was convinced of winning?

That is the very first impulse which gave life to the gambling industry, indeed a profitable one, as we can see today there are entire cities like Las Vegas founded entirely on gambling.

In a certain way, it's born from an undeniable tract of mankind. Credits have to go to operators which were able to distinguish themselves offering the best chance to let players have their games.

The first Casino was born in Venice in the XVII century, but as we move to our days we're living the shift toward a new world of gambling. Also due to Covid-19, that is online gambling.

When you gamble you are spending a part of your money to feel the thrill to risk, but you have to be aware that this money is lost, just as if you were going to buy a book, or watching a movie, and so on.

All games in a casino are statistically designed so that in the long run the house will get a profit. For example, the most convenient game for a customer is Blackjack, it has an RTP that can touch 99% in most favourable cases. We must take a general approach, as there can be several forms of the game which will affect the final RTP value. But let's say you sit in a table with the most convenient set of rules, you will still lose. And this percentage of 99% is reached only when players act with a perfect set of moves, which can be retrieved in so called Blackjack Tables. Therefore, it is easy to understand the importance of knowing all game rules for each kind of game (not just BJ, but Roulette, Baccarat and so on), but it is still more important to be clearly aware that it will be a losing game in the end.

That's why we see in our days a great number of specialized review websites describing all Online Gambling Platform details, including marketing offers, like No Deposit Bonus Pakages.

Going back to Venice, Italy owns a special position in gambling ranking as the first country per population of spent money. Each year there's an average expense of 110B €, which means over €1500 per citizen (no underage included). The most famous online casino is 888.com that conquered a very solid leadership with a share higher than 20% of the entire players.

Online market is particularly selective, as there are strict laws regulating its operator behaviours. Only the best bookmakers are able to climb the ladder and claim their share from this market. Each platform has to apply for a special license released by ADM, a particular Italian commission.

In this scene, with players always looking for better user experiences, the best website to visit to receive updates about every new game entry is www.spikeslot.com. A very comprehensive place with reviews of all possible online slots, these are also playable for free in demo mode. The owner of the website offers also video reviews of many slots, attracting many users since he always share his tips to reach the best game balance.

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About the Creator

Arnald D

Market trend analyst passionate of gambling and applied game maths.

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