HMO102HMO102- chapter 11

The "house" sets the odds on casino games to ensure a profit over a period of time. This is the

• benefit

• proceeds

• yield

• house edge

The total amount wagered in gambling is called

• a handle

• the win

• a bet

• a wager

Placing a bet on an unknown outcome with the hope of securing a gain is

• gaming

• gambling

• risk

• An opportunity

Betting against the "house" is ________ gambling.

• social

• mixed

• commercial

• resort

Offering free goods and services to casino patrons in return for their business is called

• gratis

• comps

• on-the-house

• guest satisfaction

Gaming revenue is produced from

• food and beverage

• lodging

• casino win

• entertainment

• tours and attractions

Casinos track patron play (gambling) through the use of

• spotters

• pit bosses

• dealers

• loyalty programs

A horse track that also has slot machines

• slot parlor

• racino

• off-track betting

• horse parlor

The origins of gambling are _______ years old.

• 2,500

• 5,000

• 6,500

• 7,000

A public gambling house was legalized for the first time in 1626 in

• England

• Venice

• North America

• Paris

• Russia