Every casino has a built-in statistical edge, allowing them to make a profit on every bet. It is very unlikely that a casino will lose money on any given game, but millions of players can generate enough money to cover their overheads. This edge, called the rake or “vig”, is a small percentage that varies…

The game of Poker is a card game in which a player places his money in a pot only voluntarily and in an attempt to bluff other players. The outcomes of the game of Poker are highly dependent on chance, but the player’s actions are largely determined by psychology, probability, and game theory. In this…

What is the Slot? A slot is a rectangular area in field or ice hockey that extends from the blue line. The word slot comes from the Latin verb sleutana, which means “to shoot,” and is cognate with German Schloss. In the game of hockey, a slot is the fourth position for a flying display.…

In poker, the outcomes of the games are largely affected by chance. Players voluntarily place their money into the pot in order to compete for a prize, but the results are significantly affected by other factors, such as psychology and game theory. The game of poker is extremely complex, with hundreds of variations. Learn how…