The Etymology of Gambling Table
A casino (a public place where people are allowed to gamble, usually for cash) is typically a large open area with tightly-patched, walled-off gambling tables. Casinos are generally large, enclosed buildings with several small tables for playing cards, blackjack, roulette, poker, slot machines, etc. The word comes from the Italian word “casserole” to serve. In Puerto Rico, the term “cafe” means house.
Every round of play in a casino involves the player putting money (whether real money or play money) into an “out-of-the-house” (OTH) account. At the end of each round, the OTH account is typically divided by the number of players who have bet on that round, and that number is referred to as the “standard deviation.” The deviation is then multiplied by the amount of money spent, referred to as the “house advantage.” When the number of players involved in a single round is larger than the standard deviation, the casino makes up for it’s high house advantage, hence the term “house” in the term.
The two types of gambling games most commonly found in a casino are blackjack and slots. Slots are played using a slot machine where one coins are inserted, turned over, and “spotted” so to speak. The goal is to win the jackpot. With blackjack, a player is “playing” the game by interpreting and performing the various strategies used by the casinos to “lay” or collect the blackjack.
While some casino games can be intensely enjoyable, most are not. Some of the slot machines are impossible to beat, while others require waiting on tables for hours upon hours – if even that. Blackjack and craps are best played in Las Vegas, which has a plethora of casino games including live dealer table games and progressive slot machines. Most casinos nowadays offer online slots instead of the old-fashioned live dealer tables. But the quality of live dealer tables (and the quality of most online casino slot machines) far out-matches their online counterparts.
Another etymology for the term “dealer” comes from the Italian word “daco”, meaning hand. The implication is that this was once a card game similar to solitaire, and the use of the term “deal” came from when the cards dealt were placed into the player’s hand. Today the term “deal” is often used to describe any card game, including baccarat.
In the past casino games were controlled by the house, meaning that they relied on luck rather than skill. This meant that the casino would lose more often than it won. Today, the house edge on many casino games is as low as one percent. This means that casino games are now more balanced, and players are more likely to lose money on a casino site than they are to win money! Blackjack, craps and roulette are all examples of games that are more balanced, and therefore the casino site hold an advantage due to its ability to successfully counter the randomness aspect of casino games with a higher success rate at winning games, but also with lower losses.
The Internet, of course, eliminates the house edge and allows casino games to be both played more randomly and more skillfully. Thus, casino gambling is now more skill based than random, which means that casinos can afford to use random number generators and clever software to manipulate probability. In fact, some of today’s top online casinos actually boast of professional statistics departments to study the game. These experts study and adjust their strategies and the software in order to minimize the random number generator’s effectiveness, while still maintaining a high winning streak percentage. The result is that casinos can now have the opportunity to win more games – and lose less money! It’s truly amazing.
So if you want to know more about the etymology of “gambling,” as well as about the different forms of gambling that are available today, it’s time to hop on over to Wikipedia and learn a little bit about the fascinating history of this enjoyable casino sport. There’s even a glossary of casino-related terms, complete with examples, so you’ll be well prepared when you enter the term into your web browser. So the next time you’re looking for a great way to spend your lazy Sunday afternoons, why not try playing a few hands of blackjack on one of the world’s most famous gambling tables?