Casinos are full of mysterious yet captivating myths and superstitions. From Maneki Neko figurines to rabbit’s feet and four-leaf clovers, there are numerous rituals and lucky charms which fascinate gamblers worldwide. Even though these rituals provide psychological comfort, they cannot alter the outcomes of gambling games based on random numberContinue Reading

Casino game theories are developed using mathematical analysis of how players make decisions and can help developers maximize profits while limiting losses for players. But why do savvy gamblers continue playing if casinos are designed to steal their money? The answer lies within an elementary concept known as Expected ValueContinue Reading