1. Probability of casino games

2. “Vegas wasn’t built by winners”

3. Roulette (Number wheel)
Roulette is a number wheel game where players try to predict the outcome of each trial.
A number wheel is spun in one direction, while a small ivory ball is sent rolling in the opposite direction.
Once the ball slows down, it will end up in one of 38 pockets.

4. Roulette wheel
The Roulette wheel has 38 pockets with the numbers 1-36, plus 0 and 00.
Not in numerical order
The numbers 1-36 have either a red(18) or black(18) background
0 and 00 have a green background

5. Roulette table
The table is where players place their bets by putting chips down on the number or spot that they predict will win
There are numerous bets to choose from in Roulette

6. ODDs 1 38 What is the probability of 00 coming up?
Meaning: in 38 spins it is expected that 00 would come up 1 time
1 38
Number of times casino pays out
for this number of turns

7. Casino wins!! Betting $1 on 00 Winning pays out 35 to 1 (35x bet)
So….38 bets of $1 should win $35 plus $1 bet
Casino gains $2

8. Calculating odds 1 38 Player gets $36, but it costs $38
Cost to Player = number of bets x bet amount
38 x $1 = $38
Casino income
Player wins = odds x bet
1 x 35 x $1 = $35
Casino pays out
Player gets winning bet returned $1
Casino returns bet
Player gets $36, but it costs $38

9. Hot Streak
Roulette tables also have a screen showing the outcome of the last spins
Allows superstitious players to pick number that haven’t come up in a while
Gambler’s Fallacy

11. Craps (dice)
Craps is a dice game where players try to predict the outcome of a roll of dice

12. Craps
There are lots of bets possible, both single roll and multiple roll bets.

13. Craps
Players bet on (Pass Line) or against (Don’t Pass) the come- out roll.
Pass Line wins with a roll of either 7 or 11, and loses (crapping out) with 2, 3, or 12
If a 4, 5, 6, 8, 9, or 10 come up, then that becomes the “point”.

14. Craps
If a 4, 5, 6, 8, 9, or 10 come up, then that becomes the “point”.
If the point is then rolled again before a 7, the Pass Line bet wins
If a 7 is rolled before the point, the Pass Line bet loses

15. Single Roll bets
Players can make many different bets on a single roll of the dice
Proposition bets

17. keno
Keno is a number game where players try to predict numbers drawn at random
Similar to the lottery
20 numbers are drawn from the numbers 1-80

18. keno Players can choose from 2 to 10 numbers.
The number the player gets right, called a “catch”, compared to the number selected, determines the payout.
Payouts vary by casino
Example:
If a player chooses 2 numbers and get both correct they could win 14x their bet
If a player chooses 4 numbers and get all correct they could win 100x their bet

19. Lottery
Powerball
Players choose 5 numbers between 1-69, then choose a 6th number from 1-26

21. baccarat
Baccarat is a card game where players try to predict which of 2 hands (either the “player” or banker) will have a better score.

22. baccarat
In Baccarat, Aces count as 1, and 10’s and face cards count as 0.
The player and banker hand are each dealt 2 cards.
If either the player or banker hands add up to 8 or 9, the game is over
Otherwise they draw a card according to specific drawing rules

23. baccarat
When adding the card values together, the first digit of a 2-digit number is always dropped
For Example:
If a hand is a 6 and a 7, the sum of the hand is 13, but the 1 is dropped, leaving a score of 3

24. baccarat
If either the player or banker hands add up to 8 or 9, the game is over.
Higher score wins.
If the player hand adds to 6 or 7 the player stays (doesn’t draw).
If the player hand adds to 5 or less, then the player draws a card.
The banker hand draws a card based on the banker hand score and what the player’s third card was.

26. blackjack
Blackjack is a card game where players try to get their hand of cards to add up to more than the dealers hand, without going over 21
Also called 21

27. Blackjack Each player and the dealer are dealt 2 cards
Usually all cards are face up except for one of the dealer’s cards
Aces count as either 1 or 11, all face cards count as 10
Each player chooses whether they want to draw another card (hit) or not (stay)
Going over 21 is called busting and is an automatic loss

28. Blackjack
After all the players have chosen, the dealer reveals their cards and draws according to specific rules
A Blackjack is a hand with an ace and 10 or face card
Payout is 1.5x bet

30. poker
Poker is a card game where players try to gain a 5-card hand with a higher rank than all the other players.
Player versus Player

31. poker There are many variations to the game of Poker Straight Stud
Player is dealt a complete hand
Stud
Some cards are face up and some are face down
Draw
Players can discard and draw more cards
Community
Player is dealt some cards and more are dealt face up to the table

32. poker Ranking of the hands
Straight Flush (numeric order all in same suit)
Four of a kind
Full House (Three of a kind and a pair)
Flush (all same suit)
Straight (numeric order)
Three of a Kind
Two pairs
One pair
High card

33. Playing Cards