Advantages and Disadvantages of Casino Surveillance
A modern casino has two main security components: a physical security force and a specialized surveillance department. The physical security force patrols the premises and responds to calls for help, while the specialized surveillance department operates a closed-circuit television system, or “eye in the sky.” Together, they ensure the safety of casino patrons and protect the assets of the casino. These departments have been successful in preventing many crimes. The following are the advantages and disadvantages of casino surveillance.
A casino’s patrons cannot win more money than the casino can afford to pay. The house always wins, and the casinos never lose money. The reason that gambling at a casino has become a lifestyle for the rich is because they offer a mathematical expectation of winning. Most casinos will accept all bets within the stipulated limits. The advantage of this is that they don’t lose money on any game. In addition to the games, casinos often offer extravagant inducements to big bettors, such as reduced-fares transportation, free drinks, and even cigarettes.
The house edge and variance of the games are key statistics for the casino. They show how much money a player will win when he/she plays a particular game. These factors play an important role in determining the amount of cash the casino has available. By using these numbers, casinos can predict the future profitability of their casino and the potential for increased revenue. If the house edge of a game is lower than the variance, a patron will be less likely to spend more.