Foldable 8 Player Poker Table Casino Texas Holdem Folding Poker Play Table New. MRC 10 Players 96' Folding Legs Black Color Poker Table C 40-96. Casino table layouts for all games including blackjack, craps, roulette, poker, pai gow, baccarrat, chuck-a-luck, and more! The tabletop is made of a casino style, high grade felt with padded rails and 10 steel cup holders for an authentic casino experience. The tabletop is supported with a metal frame and legs for stability. ECOTOUGE Poker Game Table w/Stainless Steel Cup Holder for 8 Player w/Leg, Octagon Casino Leisure Table Top Texas Hold'em Poker Table, Green Felt 5.0 out of 5 stars 6 $119.99 $ 119.
Casino Style Poker Tables from Rye Park
Made in the USA
At Rye Park Poker we use the highest quality materials in the construction of our poker tables. Our Casino Poker tables and equipment have to stand up in the 24/7 Casino environment, so we use the most durable materials available. Our client base of large Casino s demand only the best and most durable equipment!
Casino Quality Tables : Here's what it takes.
All of our poker table tops are crafted in the USA. We use the finest quality woods to ensure a flat playing surface and a long life on all of our Casino Gaming Tables and Poker Tables.
Most of our poker tables and casino gaming tables are made with 2 pieces of 3/4' Birch wood, our rails are constructed of high quality Luan ply woods.
Each poker table top and rail is shapes with a large CNC Router to produce a precise cut and radius. Once we produce the CNC parts each poker table rail is hand crafted by skilled wood craftsmen to complete the poker rail side walls
We use the highest quality materials in the covering and finishing process of our poker tables.
We use the Official thickness of foam under the playing surface along with a moisture barrier.
We use only the highest grade vinyls in the construction of our poker table rails.
All of our upholstery work is done by our trained skilled workers. Our upholstery specialists have over 20 years experience and have use of all the best equipment.
All of our metal bases and poker beverage cart frames are custom fabricated.
Rye Park Poker is now making available to the public all of the materials and tools that we use to build our Poker Tables and gaming equipment. Due to the growing requests we get from customers, we now sell our poker table hardware and accessories in addition to our tables.
Buy Our Casino Quality Components:
Custom fabricated folding poker table legs (same folding poker table legs as used on the tables at the World Series of Poker)
Poker table pedestal bases,
Custom sized poker table Rails only
Poker table foam, poker rail foam
Poker rail vinyl
Even the specialty tools we use to build our poker tables; staple guns, air hoses and compressors, staples, heat guns, foam cutters and all the best poker tools available.
We will also soon have Instructional DVD with step by step instructions on how to build a poker table and detailed instructions on Poker Table Rail upholstery. We know that many of you want to build your own tables and we get many calls and emails requesting this information.
One of our most impressive products included on most of our Poker tables are the table game layouts or poker table felts as some people call them. Though the term 'Felts' is still being used, our layouts are made of a very high quality polyester material not felt. For an educational background on table game layouts or felts, go read our section on The History of Table Game Layouts Poker Felts.
We can print a full color graphic on our layout material. Through our exclusive printing process we can achieve a long lasting full color layouts that have extremely high quality and long life! Please send request for a quote
Games available in most casinos are commonly called casino games. In a casino game, the players gamble cash or casino chips on various possible random outcomes or combinations of outcomes. Casino games are also available in online casinos, where permitted by law. Casino games can also be played outside casinos for entertainment purposes like in parties or in school competitions, some on machines that simulate gambling.
Categories[edit]
There are three general categories of casino games: gaming machines, table games, and random number games. Gaming machines, such as slot machines and pachinko, are usually played by one player at a time and do not require the involvement of casino employees to play. Tables games, such as blackjack or craps, involve one or more players who are competing against the house (the casino itself) rather than each other. Table games are usually conducted by casino employees known as croupiers or dealers. Random number games are based upon the selection of random numbers, either from a computerized random number generator or from other gaming equipment. Random number games may be played at a table or through the purchase of paper tickets or cards, such as keno or bingo.
Some casino games combine multiple of the above aspects; for example, roulette is a table game conducted by a dealer, which involves random numbers. Casinos may also offer other type of gaming, such as hosting poker games or tournaments, where players compete against each other.
Common casino games[edit]
Notable games that are commonly found at casinos include:
Table games[edit]
| Gaming machines[edit] | Random numbers[edit] |
House advantage[edit]
Casino games typically provide a predictable long-term advantage to the casino, or 'house', while offering the players the possibility of a short-term gain that in some cases can be large. Some casino games have a skill element, where the players' decisions have an impact on the results. Players possessing sufficient skills to eliminate the inherent long-term disadvantage (the house edge or vigorish) in a casino game are referred to as advantage players.
Casino Poker Table Games
The players' disadvantage is a result of the casino not paying winning wagers according to the game's 'true odds', which are the payouts that would be expected considering the odds of a wager either winning or losing. For example, if a game is played by wagering on the number that would result from the roll of one die, true odds would be 5 times the amount wagered since there is a 1 in 6 chance of any single number appearing, assuming that the player gets the original amount wagered back. However, the casino may only pay 4 times the amount wagered for a winning wager.
The house edge or vigorish is defined as the casino profit expressed as the percentage of the player's original bet. (In games such as blackjack or Spanish 21, the final bet may be several times the original bet, if the player double and splits.)
In American roulette, there are two 'zeroes' (0, 00) and 36 non-zero numbers (18 red and 18 black). This leads to a higher house edge compared to European roulette. The chances of a player, who bets 1 unit on red, winning is 18/38 and his chances of losing 1 unit is 20/38. The player's expected value is EV = (18/38 × 1) + (20/38 × (−1)) = 18/38 − 20/38 = −2/38 = −5.26%. Therefore, the house edge is 5.26%. After 10 spins, betting 1 unit per spin, the average house profit will be 10 × 1 × 5.26% = 0.53 units. European roulette wheels have only one 'zero' and therefore the house advantage (ignoring the en prison rule) is equal to 1/37 = 2.7%.
The house edge of casino games varies greatly with the game, with some games having an edge as low as 0.3%. Keno can have house edges up to 25%, slot machines having up to 15%.
The calculation of the roulette house edge is a trivial exercise; for other games, this is not usually the case. Combinatorial analysis and/or computer simulation is necessary to complete the task.
In games which have a skill element, such as blackjack or Spanish 21, the house edge is defined as the house advantage from optimal play (without the use of advanced techniques such as card counting), on the first hand of the shoe (the container that holds the cards). The set of the optimal plays for all possible hands is known as 'basic strategy' and is highly dependent on the specific rules and even the number of decks used. Good blackjack and Spanish 21 games have house edges below 0.5%.
Traditionally, the majority of casinos have refused to reveal the house edge information for their slots games and due to the unknown number of symbols and weightings of the reels, in most cases it is much more difficult to calculate the house edge than that in other casino games. However, due to some online properties revealing this information and some independent research conducted by Michael Shackleford in the offline sector, this pattern is slowly changing.[1]
In games where players are not competing against the house, such as poker, the casino usually earns money via a commission, known as a 'rake'.
Standard deviation[edit]
The luck factor in a casino game is quantified using standard deviations (SD).[2] The standard deviation of a simple game like roulette can be calculated using the binomial distribution. In the binomial distribution, SD = √npq, where n = number of rounds played, p = probability of winning, and q = probability of losing. The binomial distribution assumes a result of 1 unit for a win, and 0 units for a loss, rather than −1 units for a loss, which doubles the range of possible outcomes. Furthermore, if we flat bet at 10 units per round instead of 1 unit, the range of possible outcomes increases 10 fold.[3]
Casino Quality Poker Tables
- SD (roulette, even-money bet) = 2b√npq, where b = flat bet per round, n = number of rounds, p = 18/38, and q = 20/38.
For example, after 10 rounds at 1 unit per round, the standard deviation will be 2 × 1 × √10 × 18/38 × 20/38 = 3.16 units. After 10 rounds, the expected loss will be 10 × 1 × 5.26% = 0.53. As you can see, standard deviation is many times the magnitude of the expected loss.[4]
The standard deviation for pai gow poker is the lowest out of all common casino games. Many casino games, particularly slot machines, have extremely high standard deviations. The bigger size of the potential payouts, the more the standard deviation may increase.
As the number of rounds increases, eventually, the expected loss will exceed the standard deviation, many times over. From the formula, we can see the standard deviation is proportional to the square root of the number of rounds played, while the expected loss is proportional to the number of rounds played. As the number of rounds increases, the expected loss increases at a much faster rate. This is why it is impossible for a gambler to win in the long term. It is the high ratio of short-term standard deviation to expected loss that fools gamblers into thinking that they can win.
It is important for a casino to know both the house edge and variance for all of their games. The house edge tells them what kind of profit they will make as percentage of turnover, and the variance tells them how much they need in the way of cash reserves. The mathematicians and computer programmers that do this kind of work are called gaming mathematicians and gaming analysts. Casinos do not have in-house expertise in this field, so outsource their requirements to experts in the gaming analysis field.
See also[edit]
References[edit]
- ^'Michael Shackleford is the wizard of odds'. Observer. Retrieved 13 October 2015.
- ^Hagan, general editor, Julian Harris, Harris (2012). Gaming law : jurisdictional comparisons (1st ed.). London: European Lawyer Reference Series/Thomson Reuters. ISBN978-0414024861.
- ^Gao, J.Z.; Fong, D.; Liu, X. (April 2011). 'Mathematical analyses of casino rebate systems for VIP gambling'. International Gambling Studies. 11 (1): 93–106. doi:10.1080/14459795.2011.552575. S2CID144540412.
- ^Andrew, Siegel (2011). Practical Business Statistics. Academic Press. ISBN978-0123877178. Retrieved 13 October 2015.