was the first state to legalize riverboat gambling.
The boats began operation on April Fool's Day in 1991,
with maximum bet and bankroll restrictions ($5 per
bet, $200 loss) which were eliminated in 1994. Boats
may now remain open twenty-four hours, with only one
daily two-hour cruise required.
There are nine
riverboats in Iowa and one of the largest is Harvey's
(800-HARVEYS) in Council Bluffs, which features a
1,700 passenger boat and a 250-room hotel. Admission
to the casinos is free. Most boats cruise June through
October, and remain dockside from November through
Iowa is also home to three land-based Indian casinos:
Winnavegas (800-468-9466) in Sloan; Mesquaki Bingo
& Casino (800-728-4263) in Tama; and Casino Omaha
(800-858-U-BET) in Onawa.
All Iowa casinos offer table games as well as electronic
machines, and the minimum gambling age is twenty-one.
For more information
on visiting Iowa, call the tourism department at 800-345-4692.
concept of expected value doesn't only apply to a
single game; it also applies to long-term results
from playing any combination of different games. To
illustrate, imagine not just one street person offering
a game, but an entire city block lined with such people,
each offering his own variation based on the amounts
you have to pay; the use of a die, a coin, a spinner,
or a deck; the definition of a winning result for
those devices; and the amounts that