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The drop on a blackjack games is the cash that players trade for chips. The hold is the total gross revenue made at the same table. Sometimes the total represents a loss, not a win. But over the course of days, weeks and months, that total averages about 15%.

So, how does a game where gamblers play at about a 2% disadvantage manage to win so much? And, how can the casino do so well when many players use Basic Strategy to play at an even lower .6% disadvantage?

Don’t worry; nobody’s cheating. It’s a mixture of bankroll size and time. The bankroll issue comes into play twice. Remember, the casinos’ bankroll is unlimited, so they can afford to take any size wagers over and over again, win or lose. They also have many tables to even-out the bumps. Players have limited bankrolls and often play until they are out of cash and unable to continue playing (and in those cases, losing).

The time issue also favors the casino because the casino can take wagers all day and all night on multiple tables full of players. An individual player can only get so many hands in before they have to leave. The more tables and the more players, the more the casino wins.

The casino wins with that tiny .6% edge because they have that edge hand after hand after hand. If every player were limited to just a single hand each day, the hold would be much smaller for the casino. Since players make multiple wagers, each at a disadvantage, the hold increases as a function of time.

The Art of Illusion If you are wondering why it seems like the dealer makes more hands than you do, it’s because they do. One “expert” blackjack author said it’s like a jar filled with 1000 marbles where you win if you pick a green marble and lose on red marbles.

With 497 green marbles and 503 red marbles, you will lose six more than you win after 1000 hands. That equals a .6% house edge. But that’s a percentage example, so don’t lose your marbles.

The AGA represents the $261 bn US casino industry, which supports 1.8 million jobs in 40 states, promoting the many benefits our members bring to communities, and protecting the industry from bad public policy and antiquated perceptions.

The Gambling Commission has delivered its report to the UK Government, recommending a cut in tire maximum stake on fixed odds betting terminals to 62.

GVC Holdings has completed the multi-billion pound takeover of UK Sports Betting heavyweight, Ladbrokes Coral, following the company obtaining the required approvals.

As an affiliate marketer, it’s more vital that ever to keep a close eye on what is happening with the search engines, especially Google, as it continues to wage war against what it perceives to be low quality websites or sites that offer little value to their users. As an affiliate, you instantly place yourself in a position where you have to prove yourself to be of greater value.

After agreeing a marketing and licensing deal with playtech in March to establish its Ladbrokes Israel subsidiary, Ladbrokes has said that up to 100 members of staff are now facing redundancy.

We have seen three Penguin updates and version 4, or 2.0 as dubbed by Google, is either coming or is already here, depending on when you read this. Google is getting more and more aggressive in going after spam links (i.e. paid links, spammed links, article directories, etc) and since April 2012, we have seen thousands of websites tank for previous bad practices in linking.

Draft legislation published in May would see online gambling operators in the Netherlands subject to a tax rate of 20 percent, which compares favourably to the 29 percent currently paid by Holland Casino and individual arcade owners, although they could also be required to contribute to a special fund to help those with gambling addictions.

Industry trade group the Social Gaming Association (SGA) has announced that it will be assisting the UK Gambling Commission with the collation of industry data over the coming months, as the Commission considers formulating its future policy on social gaming.

Amaya Gaming Group Incorporated has announced its financial results for the first quarter of 2013 showing a 496 percent year-on-year rise in total revenues to CAD$38.05 million ($36.73 million).

ARJEL President, Jean-Francois Vilotte, has again called on the French authorities to update the country’s iGaming taxation system after reporting mixed fortunes for the domestic online poker and sportsbetting markets.

This season, affiliates are allowed to register up to three teams per user name free of charge at the Barclays Premier League website. Affiliates can register by creating their team and then email their name, team name and bet365 affiliate user name to their bet365 affiliate manager. The affiliate manager will then send out the code that affiliates need to enter the league.