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	<title>All In Casino Palace &#187; General</title>
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	<link>http://www.all-in-casino-palace.com</link>
	<description>A guide to playing the Casino!</description>
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		<title>Gaming Club Online Casino Loyalty Points Programme</title>
		<link>http://www.all-in-casino-palace.com/gaming-club-online-casino-loyalty-points-programme/</link>
		<comments>http://www.all-in-casino-palace.com/gaming-club-online-casino-loyalty-points-programme/#comments</comments>
		<pubDate>Sat, 10 Mar 2012 12:15:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.all-in-casino-palace.com/?p=41</guid>
		<description><![CDATA[Online casinos like to reward their customers for their continued loyalty. This sentiment holds true for the Gaming Club Online Casino. With their rewards programme, loyal customers are awarded loyalty points whenever they play at the Gaming Club Online Casino. Loyalty points are rewards to players based on their wagering activity at the Gaming Club [...]]]></description>
			<content:encoded><![CDATA[<p>Online casinos like to reward their customers for their continued loyalty. This sentiment holds true for the <a href="http://www.gamingclub.com/gb/">Gaming Club Online Casino</a>. With their rewards programme, loyal customers are awarded loyalty points whenever they play at the Gaming Club Online Casino.</p>
<p>Loyalty points are rewards to players based on their wagering activity at the Gaming Club Online Casino. At any time, players may opt to cash in their loyalty points for casino credits. In order to be eligible for this, you must have accrued a minimum of 200 points.</p>
<p>Players can earn anywhere from 1 to 3 loyalty points for every 10 wagered. Playing certain games will cause players to earn more loyalty points than others. One loyalty point can be earned playing all video poker games which would include the progressive varieties. This is also true for all blackjack. Other games that also are eligible for earning one loyalty point are craps, baccarat and red dog.</p>
<p>Two loyalty points can be awarded for playing any roulette game, including progressive games. Both video slots and progressive slots earn members two loyalty points as well. Other games eligible for two loyalty points include Pai Gow poker and casino war. The highest loyalty point award if three points. This can be earned on traditional slot machines, scratch games, Keno and Sic Bo.<br />
Loyalty points can be used for free play at the Gaming Club Online Casino. Once 200 loyalty points have been earned, redemption can commence. Loyalty points can be traded in at a rate of 200 loyalty points for 1 credit. Whenever you want to trade in your loyalty points you can so as long as the minimum amount has been earned. The Gaming Club Online Casino software provides a feature that allows you to keep tabs of your loyalty points so you know where you stand. The loyalty points programme is one of many reasons why so many people are loyal customers at the Gaming Club Online Casino.</p>
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		<title>Casinos and Mathematical Expectation</title>
		<link>http://www.all-in-casino-palace.com/casinos-and-mathematical-expectation/</link>
		<comments>http://www.all-in-casino-palace.com/casinos-and-mathematical-expectation/#comments</comments>
		<pubDate>Mon, 11 Apr 2011 09:24:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.all-in-casino-palace.com/?p=24</guid>
		<description><![CDATA[In this article we will look into the concept of mathematical expectation as applied to casino gambling. Understanding the concept is important if you want to understand the optimum way to gamble at online and real casinos. Mathematical expectation can be calculated by looking at every possible way to win and every possible way to [...]]]></description>
			<content:encoded><![CDATA[<p>In this article we will look into the concept of mathematical expectation as applied to casino gambling. Understanding the concept is important if you want to understand the optimum way to gamble at online and real casinos.</p>
<p>Mathematical expectation can be calculated by looking at every possible way to win and every possible way to lose, multiply each event by the probability of the event occurring, and taking the sum (adding and subtracting) of all the results.</p>
<p>It is easy to demonstrate this with a simple game such as tossing an unbiased coin. There is a 0.5 chance that it will come down heads and a 0.5 chance that it will come down tails. If we bet £1 that the next toss will be a head, then the mathematical expectation of the bet is:</p>
<p>If it comes down heads: 0.5 x 1 = 0.5<br />
If it comes down tails: 0.5 x -1 = -0.5<br />
Taking the sum: 0.5 + -0.5 = 0<br />
So the mathematical expectation is 0. </p>
<p>If we change the odds to 3/2 then this would work out as follows:<br />
If it comes down heads: 0.5 x 1.5 = 0.75<br />
If it comes down tails: 0.5 x -1 = -0.5<br />
Taking the sum: 0.5 + -0.5 = 0.25<br />
So the mathematical expectation is 0.25</p>
<p>If we were to play the first game 1000 times, we would expect to win or lose very little, but with the second game we would anticipate winning approximately £250.<br />
We can use this simple calculation to assess any potential bet in any game and it allows us to find the best game to play and the best decisions to make when playing that game. Mathematical expectation is mathematically very simple, but the results can be very powerful. </p>
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