Retail Store

Retail store consists of the sale of goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be individuals or businesses. In commerce, a "retailer" buys goods or products in large quantities from manufacturers or importers, either directly or through a wholesaler, and then sells smaller quantities to the end-user. Retail establishments called shops or stores. Retailers are at the end of the supply chain. Manufacturing marketers see the process of retailing as a necessary part of their overall distribution strategy. The term retailer applied where a service provider services the needs of a large number of individuals, such as a public utility, like electric power. Shops may be on residential streets, shopping streets with few or no houses or in a shopping mall. Shopping streets may be for pedestrians only. Sometimes a shopping street has a partial or full roof to protect customers from precipitation. Online retailing, a type of electronic commerce used for business-to-consumer transactions and mail order, are forms of non-shop retailing. Shopping generally refers to the act of buying products. Sometimes this is to obtain necessities such as food and clothing; sometimes it is as a recreational activity. Recreational shopping often involves window shopping and browsing and does not always result in a purchase. A marketplace is a location where goods and services exchanged. The traditional market square is a city square where traders set up stalls and buyers browse the merchandise. This kind of market is very old, and countless such markets are still in operation around the whole world. The pricing technique used by most retailers is cost-plus pricing. This involves adding a markup amount to the retailer's cost. Another common technique suggested retail pricing. This simply involves charging the amount suggested by the manufacturer and usually printed on the product by the manufacturer. In Western countries, retail prices are often called psychological prices or odd prices. Often prices fixed and displayed on signs or labels. Alternatively, when prices not clearly displayed, there can be price discrimination, where the sale price is dependent upon which the customer is. For example, a customer may have to pay more if the seller determines that he or she is willing and/or able to.

Poker Paigow

Paigow


Pai-gow poker is a banking poker game played in some of the California card clubs and casinos. The object of pai-gow poker is to make two poker hands that beat the banker's hands. The player is dealt 7 cards that he makes into a five card hand (high hand) and a two card hand (low hand). The hands are played and ranked as traditional poker hands (with one exception: A2345 is the second highest straight), and the 5 card hand must be higher than the 2 card hand. If both hands are better than the banker's hand, you win, if both lose, you lose, otherwise it's a push. The banker wins absolute ties (i.e. K Q vs K Q). The game is played with a 52 cards plus one joker. The joker can be used as an Ace or to complete a flush or straight.

Each player spot has spaces for a bet, low hand, high hand and sometimes the house commission. The dealer deals 7 7-card hands in front of the chip tray. The banker can be a player, but is usually the house. The banker designates which hands go to which player by shaking a dice cup with three dice; the banker's position is either 1, 8 or 15 and the hands are passed out counterclockwise. So, if the dealer is the bank and the dice total to 6, player 5 gets the first hand, player 6 gets the second, the dealer gets the third and so on. The dice mumbo-jumbo appears to be ritual stuff --- you don't need to worry about anything until you get your hand.

In pai-gow poker, the only strategic decisions are how much to bet and how to set your hand. The simple basic strategy for setting your hand is to make the highest 2-card hand that is less than your five card hand. If you can't figure out what to do, you can show your hand to the dealer and they will tell you how the house would set it.

In the California card clubs, all wagering is between players, so the option to be the bank rotates among the active players. The rule differences from the IP rules are that the Joker is wild, and the house commission is a flat $1 per hand ($10 minimum bet).

Pai-gow poker is an easy game to play, and since each hand takes a while to play (dealer has to shuffle for each game) and most hands push, you can play on $20 at a $5 table for quite a while.

Casino Keno

Playing Keno

Keno is usually played in Casino lounges specifically allocated for the game, but there are so called 'Keno runners' who will collect your ticket and deliver the winnings if the player wants to play from outside the lounge area. There are many television monitors spread all over the Casino halls to keep players informed of the winning numbers.
There is also the video version of Keno. These are slots-like coin operated machines. It plays using the same principle with similar rules of the regular Keno, but you get the results much faster.
To play Keno, you select a minimum of 4 but no more than 10 numbers between 1 and 80. Each selection is called a 'Spot', so if you select 10 numbers you are playing a 10 Spot game.
Keno tickets are located at tables throughout the Casino and in the Casino's Keno lounge. The Casino provides a 'Keno crayon' for this purpose.

Simply mark a blank Keno ticket with the numbers of your selection. Then present your ticket to the Keno desk with your wager and the clerk will give you a duplicate ticket. In a few minutes, twenty numbered Keno balls will be drawn at random from a barrel containing 80 numbered balls, and if enough of your selected numbers are drawn, you are a winner. The results are displayed on screens, called Keno boards, throughout the Casino.
Minimum bets can be as low as 5 cents, although some Casinos only accept bets of $1 or more. The house's Keno brochures give you information about payoffs and various tickets you can play.
The amount of money you win is dependent upon the type of ticket you play and the number of 'spots' caught. You may play as many tickets as you wish. You could win as much as $50,000 on a $1 wager in some Casinos.

The round of a Keno game is called a Keno race. In many Casinos, 'multi-race' Keno is featured, where you can play a number of consecutive Keno races at one time.
The house advantage on Keno varies according to the Keno game played. It is always around 30% or more.

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Acey Deucey

Acey Deucey, also known as In-Between or Sheets, is a simple card game that involves betting. Before the action, each player must add their ante into the pot. Two cards are then dealt face-up to one player. That player then bets from nothing to the amount that is in the pot at the time whether or not the third card will numerically fall in between the first two. If the third card falls in between the two other cards, the bettor takes the amount he bet out of the pot; if the third card falls outside of the two other cards, the bettor must add what he bet to the pot; and if the third card matches the numerical value of one of the other two cards, the bettor must add to the pot double what he bet. If two cards of the same value come up, e.g. 2,2 the bettor picks if the next card will be higher or lower and bets. If the next card is the same as the last two, i.e. a 2, the bettor must triple his/her bet.

The rules and specifics of the game often vary from region to region. For example in Liaoning province, northeast China the minimum number of players is 4 and each player is required to ante before the first card is turned. Two cards are then dealt face-up to one player. That player then bets from nothing to the amount that is in the pot at the time during the first time around the table players are only allowed to bet up to half of the pot whether or not the third card will numerically fall in between the first two.

If the third card falls in between the two other cards, the bettor takes the amount he bet out of the pot; if the third card falls outside of the two other cards, the bettor must add what he bet to the pot; and if the third card matches the numerical value of one of the other two cards, this is referred to as a Post and the bettor must add to the pot double his initial bet. If two cards of the same value come up, e.g. 2,2 the bettor picks if the next card will be higher or lower and bets. If the next card is the same as the last two, i.e. a 2, this is considered a Post and the player is required to pay double the bet for the hand.

In addition to this, there is a special rule for Aces. If the first card turned is an Ace the player may choose its value as either the high Ace or the low one. If an Ace comes up as the second card turned it is always considered the high Ace. If a player Posts on an Ace they are required to pay four times their bet for that hand. Aces also cause an automatic loss if it is the third card turned when the first two cards are a match, e.g. 6,6. The best spread in the game is considered to be a low Ace on the left and a high Ace on the right. This is also one of the worst hands to get as you run the risk of the third card being an Ace and having to pay four times your bet for the hand.

Another variation is to split the cards if two end cards are the same value. This requires the bettor to ante in for two hands and the dealer would draw one more card under each of the end cards. After this, the same rules apply.

Gambling at Casinos


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