The Logic Of The Losing Shoe

The Logic of the Losing Shoe For those in the casino industry, especially for us surveillance folks, the words ‘losing shoe’ are all too familiar. A losing shoe is a period of play, normally lasting the length of one shoe of cards (which may be from one to as many decks as the shoe can … Continue reading The Logic Of The Losing Shoe

Concepts 9: Creating A Casino Game

Creating A Casino Game We've discussed the process for the creation of a casino game, namely: Calculating possibilities using combinatorial analysis Calculating the expectation Setting the odds Let’s use a simple example – something I saw in a Chinese drama. The game involves using 5 coins and tumbling them in an opaque container.  The container … Continue reading Concepts 9: Creating A Casino Game

Sic-Bo and Dice – An Analysis

Sic-Bo is really popular in Asia.  This game involves 3 dice in a tumbler or variant which is tumbled, with varying payments for specific combinations of the dice. There is an amazing way to calculate how many possible outcomes for a particular score from 3 six-sided dice there can be.  This involves the use of … Continue reading Sic-Bo and Dice – An Analysis

Maximise the Profitability of Your Casino by understanding Probability and Expectation in Gaming

Probability The basis of all games of chance is the concept of probability. What is probability?  Probability refers to the chance that an event will occur.  Probability is a value that ranges from 1, for an event that will definitely occur, to 0, for an event that will never occur. We get the probability of … Continue reading Maximise the Profitability of Your Casino by understanding Probability and Expectation in Gaming