Don’t be Tricked by Slot Machines!
The “One-armed Bandit,” as the modern slot machine is now known, is without a doubt the most brazen, flagrant device ever produced to swindle the general public. From its very concept, this contrivance was geared to one purpose, that of acquiring the customer’s money and at the same time providing ironclad protection for the owner.
The Modern Machine
The One-armed Bandit today has three wheels bearing the symbols long familiar to the deluded American public: Cherries, Oranges, Plums, Bells, Bars – and last but not least – Lemons.
Contrary to a somewhat common error, Lemons do not appear on all three wheels. It is impossible to hit three Lemons. The same applies to Cherries. Both these fruits are found on two wheels only; Cherries on the first and second; Lemons on the first and third. It is also possible to win even when a Lemon shows, a piece of information which may surprise some readers.
Here’s what happens when the player drops his nickel and shakes hands with the One-armed Bandit:
A pull of the lever, the wheels spin and finally come to a jolty stop in one, two, three fashion, showing any of a great variety of combinations – three symbols in a row. The payoff combinations are as follows:
Two Cherries with Bar, Orange or Plum .. 3 coins
Two Cherries with Bell or Lemon 5 coins
Three Oranges 10 coins
Three Plums 14 coins
Three Bells 18 coins
Three Bars Jackpot plus 20 coins
These payoffs vary, some machines giving 2, 4, 8, 12, 16 and 20 instead of the figures named. Such machines presumably yield more “hits” to compensate for the smaller “payoffs.” But nothing should be presumed where these machines are concerned and the only persons actually compensated in the long run are the operators.
The coins land in a return slot at the bottom of the machine and this pocket is also large enough to receive the Jackpot when the Bars are hit.
The Jackpot
The Jackpot is visible through non-breakable glass at the front of the machine and, when filled, it contains about 80 coins, though this, too, can vary with different makes. For round figures, you may hit as high as $5 on a nickel machine, $10 on a dime machine, $25 on a quarter machine, $50 on a half dollar machine and $100 on a silver dollar machine. These totals, of course, include the 20 coins that the Bars deliver as their own hit.
Jackpots were added to the original Bar payoff and they are “fed” by coins put in by the players. This was a bad feature, originally, because players ignored the machine after a Jackpot was hit, as they could see that it had been emptied. This produced the quandary: Who would fill the Jackpot if the players wouldn’t?
The answer was solved by dividing the Jackpot into two compartments, the Jackpot and the Reserve Jackpot. After a Jackpot is hit, the next coin played automatically causes the Reserve to dump into the Jackpot.
A beginner who has never hit a Jackpot often thinks it includes the Reserve, as a bar of metal on the front of the machine hides the division between the two compartments. But when he sees he gets only the lower half when three Bars hit, he is soon initiated into that phase of the thing.
Naturally, the dropping of the Reserve gives the next Jackpot a good start and while some players are leery, thinking they haven’t much chance of another Jackpot hitting soon, others are glad to see a machine that has hit at all and therefore are happy to play it.
Play Until You Lose
The habitual slot machine player has only one system. That is, to pour his coins into the machine until they are all gone. The lure of the Jackpot simply adds to the futile, incessant craving in which the player goes wild every time he hits for ten or more but never counts the cash that he feeds into the machine.
Players beware – there are very few ways these machines can be beaten.
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Why Gamblers Lose
There is only one way of finding out how to win at any type of gambling pastime. That is to learn why gamblers lose. That’s easily answered: They lose when they let themselves get hooked on the short end of any proposition, provided they stay with it long enough, which they usually do.
Looking at it from the opposite viewpoint, the gambler who can latch onto the long end of a proposition and stay with it should wind up a winner. In fact many gamblers do though their procedure is usually different from those who continually find themselves on the losing end.
Consider this point: When two players start matching money along with wits against each other there is bound to be a winner as well as a loser. You can argue, of course, that expenses may be involved, including license fees, taxes and such where gambling casinos are involved. But that’s to be expected in any business.
The talented night club performer who helps brighten the Las Vegas strip has to pay fees to` booking agents, managers and the public relations men who helped build him up to a high-priced attraction. Life itself is a gamble and you have to pay for the privilege of getting the most out of it. So that disposes of the philosophical side.
Now for the more practical phase. Somebody must make money from gambling or there wouldn’t be so many people in the business and staying in it. Some purists might argue that they aren’t gambling if they are in business. But if you ask any man about his business, he will tell you that it’s a gamble. There’s no business like show business; and there’s no gambling like that found in the gambling business.
This brings us to what might be classed as the usual approach. Many people get enjoyment out of gambling just as they do when they go to a restaurant or a theater. Certainly, it costs more to eat out than it does at home and theater tickets often run quite high.
But a good meal is worth it – and so is a good show – provided neither costs more than the budget should allow. By the same token, a fling at the gambling table can be charged to pleasure, entertainment, experience, or what-have-you, as long as it is kept strictly within budgetary limits. Usually, such expenditure is part of a vacation fund, as gaming devices are permitted only in certain states, as Nevada, or certain countries, such as Cuba and other Caribbean republics, as well as some European areas like the Principality of Monaco, where the famous Monte Carlo casino is located.
Words to the Wise
While players have a right to fair treatment at every recognized gambling casino, they should never expect to beat the business, particularly in the long run. Some system players have survived over many years, while others claim to have shown profits over lesser periods. But they have actually done so at the expense, not of the gambling houses, but other players whose systems have fluked. Those losers far outnumber the winners.
Another thing: Don’t expect all casinos to offer the same odds. Roulette is the great game in Europe because it gives a better break than the American version. In America, the predominating games are Craps and Black Jack for that very same reason. But rules and percentages vary. You can go shopping for the best price around gambling casinos, just as you would when buying food at a supermarket.
Just as some restaurants are known as “clip joints” and certain theaters may overprice their shows, it is possible to find “gyp joints” among gambling houses, particularly in some of the Caribbean countries. If the reader comes to the conclusion that it is smarter not to play such games at all and decides to limit his knowledge to reading about them he can be sure that he will have gotten his money’s worth.
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Is There A “Best” Gambling or Betting System?
There are gamblers and there ARE the gamblers. For those who cannot control their gambling addiction and those who want to delve into the business of gambling, there are some areas to turn in a profit, day or night.
Knowledge of state laws is crucial in making your choice as well as other regulatory and statutes that you need to be knowledgeable of. Remember, the law does not exclude anyone.
As in any type of business, the most crucial aspect in establishing your business is where to locate it. Location, location, location is the key. Unless you want to jumpstart the economy of a certain locality, choosing the perfect location is by far the most difficult decision to make.
Another decision you need to make requires you to evaluate which type of gambling business you would like to get into.
There are a lot of options to choose from in going into the gambling business. One can choose to establish a casino, a lottery outlet, a wagering system, bingo social halls, sweepstakes and dice games.
Casinos
Establishing a casino at the right location can make an individual (who can afford to build one on his own) or a group of individuals rich. But the initial investment is also very steep as the place needs to be at par with world class standards to be considered as the in place to be.
Lotteries
Everybody plays the lottery. Who doesn’t want to get rich quick? So getting a franchise or a license to open a lottery outlet is also another way of making a fast buck.
Wagering and/or Race tracks
Some go for the higher stakes of taking a chance on the outcome of the game from a jockey or from someone else. Building a race track for horses, for dogs or for any other animal is also a lucrative business that can be looked into. Provided state laws allow these animals to be a part of the gaming industry.
Bingo
People just love to play bingo. And formalizing a bingo social hall is just the right business around that corner if your community is into it day and night. Aside from its entertainment value, most charity institutions use bingo socials to forward their causes and solicit funding for their activities.
Sweepstakes and dice games
These have fairly been in the community long before the more elaborate and higher stakes gambling activities available now. However, these do not lose their charms as they provide a high that most people just can handle in their daily lives.
Last word on any gambling business you would want to establish, know your state laws.
To learn more about betting, such as a football betting system, go to http://www.compilersystem.com or to learn more about other sports betting, visit compilersystems.com
Types of Online Gambling Bonuses
Whether you are a first time player or a regular player to an online casino, you will usually find a selection of online gambling bonuses that are offered by the different online casinos to be found on the internet. The following are the most popular terms that you will find for the different gambling bonuses that are offered online.
The welcome bonus is usually the first bonus that you will receive as a first time player at any casino that you will find online. The welcome bonuses may be offered as a match bonus, high rollers bonus or as a no deposit bonus for first time players.
The match bonus is a bonus where you will get a percentage back as a bonus when you make your first deposit to the online casino that you are playing at for the first time. These match bonuses may vary from 25%, 50% to a high of a 400% match bonus on your first deposit to the casino that you are playing at for the first time online.
With the high roller bonuses players are offered a large sum of money as bonus to entice you to play at their casino. One will find high roller bonuses ranging as high as $1,000 depending at which casino that you are going to play at online. For a decent high roller bonus you will find that they are usually a 50% bonus of your first deposit to the online casino that you are playing at.
For those who play the no deposit bonus, the only one that ever benefits are the players who take them as a first time player to an online casino. With the no deposit bonuses you will find that there is no investment to be made and the only gamble is that before you may cash out any winnings you will have to meet the wagering through requirements of the casino that you are playing at first.
With the different online casinos you will as well find those that offer on going bonuses or reload bonuses when you become a regular player. These bonuses will usually have a stipulation where you will have to make your deposits using their preferred methods of deposit to their online casinos to qualify for these bonuses.
These on going bonuses or reload bonuses also usually have a cap as to how much you may collect in these types of bonuses in any given month. They will usually also have a yearly cap as to how much you may collect in any given year as well as to different percentages for these bonuses depending on what your method of payment is for making your deposits.
The above are the basic online gambling bonuses that you will find that are offered by the different casinos that you will find online. Other types of gambling bonuses that you will find are gambling online bonuses, best gambling bonuses and top gambling bonuses, all depending on how a online gambling webmaster promotes the different online casinos on their online gambling website.
Hello my name is Barry Ohman and I love to write articles about online gambling for the internet. My latest online gambling websites are http://www.best-online-casinos-and-gambling-bonuses.co.uk and http://www.best-online-casinos-and-gambling-bonuses.com.