If you’re like most people, you probably find casinos and the games they offer at least somewhat intriguing. If not very much so like the millions of people who will get in on the action online when they can’t visit an actual casino.
However, few people understand the inner workings of casinos and even their favorite game. for instance, the following are some little-known facts about casinos that might surprise you.
Casinos Have Italian Origin
There are now so many amazing casinos all over the world, that few people know exactly where they actually started. For instance, Vegas, Macao and even Monte Carlo are all well-known casino hotspots. However, it was in Italy that the term “casino” originates from. The word is a derivative of “casa” which means house in Italian. Even back then, gambling games were popular all across Europe. But it wasn’t until Venice in 1638 that gambling became an organized activity in a designated establishment. In fact, the oldest casino to date is still open in Venice.
The Biggest Jackpot Ever Won Was $39.7 Million
Most people would not think of a slot jackpot in the same way that they consider the Jackpot city casino. However, the biggest jackpot win of all time can rival even the biggest slots in the world. Coming in at almost $40 million.
It happened at the Excalibur casino in Las Vegas, where a young software engineered was stun to collect such a massive win.
Legally Slot Games Need to Pay Back at Least 70%
Contrary to popular belief, slot games actually operate on a pretty ethical basis. But only if you’re playing at legal and reputable casinos. Where you can expect that every game has to give back at the very least 70% of its earnings to players.
However, this figure is much higher on the vast majority of games. In most casinos, you can expect a payout rate of at least 90%. Whereas online, most games pay between 95-98%. Unlike what most people think, casinos can only take a small percentage of earnings as profit. The rest must go back to winning players.
Some Gamblers Make a Living from Casinos
For the vast majority of people gambling is just a fun hobby they indulge in from time to time. However, for a small percentage of people, it’s a lucrative career that offers them a very comfortable sometimes extravagant lifestyle.
For example, poker players spend years perfecting their skills in the game to use them to win amazing prizes in tournaments. Some have even made careers from streaming their games on platforms like Twitch. Where they earn revenue from advertising and endorsements.While you can’t really capitalize on games of luck like slots or roulette. Games of skill like poker can be an amazing way for skilled players to earn a living doing something they love. But don’t go into it with unrealistic expectations. It takes a considerable investment of time and money to start seeing a return like that.