What is Live Casino?

Definition: Live Casino refers to casino games hosted by real human dealers and streamed in real time from a studio or casino floor. Players place bets through an online interface while watching the live video feed.

Common live casino products:

Live Roulette, Live Blackjack, Live Baccarat
Game show formats (e.g., wheel/spin games, live multipliers)
VIP or high-limit tables
Localized tables (language-specific dealers)

How it works (high level):

Video streaming delivers the dealer/table view.
Bets are placed digitally within a timed betting window.
Outcomes are captured via sensors/optical recognition or dealer input and then settled in the system.

Why it matters: Live casino is popular for its trust, social feel, and realism, and often shows strong engagement and retention.

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Related Terms

Implied Probability

Implied probability is the chance of an outcome expressed by the odds. It converts a price into a percentage.

Odds Formats (American, Decimal, Fractional)

Odds formats are different ways of writing the same price. A sportsbook front-end can display decimal, fractional or American odds depending on the market and player settings.

Fixed Odds

Fixed odds betting is a model where the price is agreed when the bet is placed. The payout is calculated from those odds, even if the market price changes later.

Wager (Stake)

A wager is a bet placed on an outcome. The stake is the amount of money committed to that bet. In everyday use the two words are often interchangeable.

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