Top Categories

Casino – How Casinos Use Mathematicians and Computer Programmers to Maximize Profits

Casino – How Casinos Use Mathematicians and Computer Programmers to Maximize Profits

Casino is a movie about the seedy side of Las Vegas, but it’s also a movie that is riveting from beginning to end. Director Martin Scorsese doesn’t skimp on the action and the cast is superb, with the legendary Robert De Niro delivering an amazing performance as mobster Frank Santoro. Sharon Stone also shines as Ginger McKenna, and her on-screen dynamic with the more reserved Joe Pesci is a joy to behold.

As a casino, you want your patrons to lose track of time. That’s why there are no clocks on the gaming floors and the staff doesn’t pay attention to how long you have been playing or what the time of day is. They are trying to trick you into spending more money by lowering your inhibitions and making it hard for you to resist a spin of the roulette wheel or another round of blackjack.

Besides the psychological tricks, casinos have a host of other tools to make you spend more money. They offer free food and drinks, a discounted hotel stay, and plenty of other rewards for spending your hard-earned cash on their gambling machines. Plus, they have a team of mathematicians and computer programmers who study the house edge and variance for each game to ensure that their profits are maximized. These analysts are called “gaming mathematicians” and they play a very important role in the profitability of casinos. They are responsible for determining how much of the total profits that each machine should produce.