The History Of Casinos
Casinos are public rooms for gambling. They first appeared in Venice in 1626. A casino, often called "the house", acts as a banker covers all bets made by the players - it pays out winnings and keeps all losing stakes. Better in a casino is often called playing against the house.
Before the establishment of casinos gambling was carried out between individuals. Winnings would be limited to the stakes bet by the individual players. As the funds available to the house are greater than those of any one individual, playing in a casino gives players the opportunity to win greater sums of money. The disadvantages of the playing in a casino is that there is a charge for its services. This is called the house advantage and is recouped from players' winnings. The casino earns a percentages of the stakes by offering payout odds at a rate lower then the true odds.
Casinos games have evolved from simple gambling games that have been played since the earliest times. Now we have the opportunity to play from the comfort of our home, instead of having to go to a land based casino.
What is a Casino?
Casinos are purpose built gaming establishments that offer facilities for playing a wide range of gambling games. Casinos are legal in many countries and offer state controlled or legislated. They tend to be located in resorts and large population areas. Until now, gambling is not limited to land based resort areas anymore. Online Casinos are offered to everyone. There is no need to drive anywhere, you can play from the comfort of your home, office, or even one your cell phone.