The house advantage, also known as the “house edge,” is the difference between the true odds of a game and the odds the casino gives you. This difference is measured in percentage terms, and differs from game to game. The higher the house advantage, the more money the casino makes. In the United States, the average house advantage is 1.4 percent.
Casinos purchase chips from reputable suppliers. They have a tight control over their inventory to prevent unauthorized purchases. If a chip is stolen, the casino could be liable for the money. To prevent this, casinos have security teams that match each chip with the shipping documents. They then store chips in a vault. After a certain amount of time, worn-out chips are destroyed by a specialist company.
A casino can be anything from a simple pub to a lavish entertainment venue. Many casinos provide live entertainment. In addition to playing games, they can offer food and drink to patrons. A casino may also be built near a popular tourist destination. It is common to find casinos in cities where there are several popular attractions.
The security measures at a casino start on the floor, where employees keep an eye on the games and the patrons. Employees at the table are able to identify blatant cheating. Additionally, table managers and pit bosses keep a close eye on the games, looking out for betting patterns and cheating. Each employee of a casino has a supervisor who keeps track of them.