Legal Definitions - banking game

A banking game is a type of gambling where the house, also known as the bank, accepts bets from all players. The bank then pays out winning bets and takes losses from other bettors.

• Blackjack: In this game, players place bets against the dealer, who represents the bank. The dealer pays out winning bets and collects losses from other players.
• Roulette: Players place bets on where they think the ball will land on the spinning wheel. The bank collects all bets and pays out winning bets.
• Poker: In some versions of poker, the house takes a percentage of each pot, acting as the bank. The bank pays out winning bets and collects losses from other players.

These examples illustrate how the bank in a banking game is responsible for accepting bets, paying out winnings, and collecting losses. The bank has an advantage in these games because it always collects a percentage of each bet, even if it loses some bets. This is how casinos make money.