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Must-know: An overview of casino gaming

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Part 2
Must-know: An overview of casino gaming PART 2 OF 7

Must-know: The most popular casino games

The most popular casino games

Casinos’ popularity is growing. This suggests that people like to gamble occasionally. Unfortunately, they don’t always win. For most of the people, the real fun is playing the game—not necessarily winning. Here’s a list of the top five most popular casino games.

Must-know: The most popular casino games

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Slots

Slots are machines that play a number of different games. Generally, a player inserts coins into the machine. Then they pull a handle or press a button. This causes the wheels to spin. When the wheels stop, the player gets paid based on the pattern of symbols.

Blackjack

Blackjack is a card game. It’s played between the house—also known as the dealer—and the player. The dealer deals out two cards to each player and keeps two cards. The dealer has one card face up and one down. The players take turns trying to get as close as they can to 21. The player calls “hit” to get a card and end their turn. A player can also call “double.” This doubles their bet. They can only get one card and their turn ends. If a player has two identically numbered cards, they can split.

Roulette

In roulette, the player places their chips on the table to wager them. The table has numbers 0-36 and 00. It has additional betting for even-odd, red-black, low 18-high 18, low/middle/high 12 and for the first/second/third columns. The dealer spins the wheel clockwise. Then, they roll a ball counter-clockwise. The ball lands in a numbered slot on the wheel. All bets that correspond with the number win.

Poker

Poker is a card game. It’s based on a five card hand. Hands are ranked from lowest to highest. The order of hands is high card, pair, two pair, three of a kind, straight, flush, full house, four of a kind, straight flush, and royal flush. The player with the best hand wins.

Craps

Craps is a dice game. The players make wagers on the outcome of the roll, or a series of rolls, of a pair of dice. If a seven or 11 turn up on the first roll of the dice, the shooter wins whatever they bet. If the shooter rolls two, three, or 12 on the first roll, they loose the money, but not the dice. When the person rolls a four, five, six, eight, nine, or ten that number becomes their “point.” The shooter keeps rolling until their “point” turns up again for a win or until the person throws a seven and loses the money and the dice.

Major casinos that offer the above mentioned games include Las Vegas Sands (LVS), Melco Crown Entertainment (MPEL), Caesar Entertainment (CZR), and Pinnacle Entertainment (PNK). Investors who would like to get exposure to the sector may invest in exchange-traded funds (or ETFs) like the VanEck Vectors Gaming (BJK). It tracks casino companies.

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