We all know casinos are built to make money from poor saps like you and me, yet no matter what, people keep on gambling. However, this article isn’t on the socio-psychological habits of gamblers, this is a look into what could possibly be the world’s fairest casino.
Just quickly, in case you don’t know why casinos aren’t fair, it’s because of a thing called the ‘house edge’. This is something that gives the casino an advantage over the player, for example the ‘0’ or ’00’ slots on a roulette wheel which mean the player automatically loses and the house wins. All casinos (well not all anymore as we’re about to learn) have a house edge on all their games, giving them the inherent ability to make money.
Then comes along BetFair. BetFair is an online casino that has been operating for a while, though they’ve just launched what they call their ‘Zero Lounge’. This is an area of the casino where most of the house edges have been removed from their games. For example in roulette, the ‘0’ slots in the wheel have been removed, making the game just as fair for the player as it is for the casino.
In the casino and gambling world this is absolutely astonishing. No casino previously has ever considered doing anything like this as it would basically take their guarantee of making cash away from them and put them on an even playing field with the player, though despite this, it’s exactly what BetFair have done.
The only logical reason I can surmise is that they’ve done it is to draw players to the site in the hope that once there, you’ll also spend money elsewhere on their webpage like their sports betting. If this is the case, it’s an absolutely fantastic marketing ploy to get customers to the site. Hell, it got me to go there!
One game which hasn’t technically had the edge taken away is blackjack because you still can’t see the dealer’s second card, however they do give a higher payout if you achieve a two card blackjack.
Anyway, this isn’t a plug for the casino at all, just a tip that if you want to bet somewhere that you can actually say your odds are even with the casino, then this would be the only place on earth I know you can do this.