When entering a casino you may notice that there are hundreds of normal slots, some video slots, and then a few poker tables or Roulette wheels. There are obviously reasons for this, beyond the normal. It’s not just that casinos enjoy the bright lights and sounds that come from the one-armed bandits or the rapid nature of the normal slot machine.
There is a much more practical motive behind this slot domination and this is clear because casinos at the end of the day are multi-million-pound businesses, they wouldn’t lace their halls with normal slot machines if they did not provide them with the best profits possible.
It is a little-known fact that slot machines actually represent the vast majority (around 70%) of a casino’s income. They are much more productive than roulette wheels and poker tables, mainly because more people can access them at a more rapid rate.
This is mainly because on a roulette wheel or a poker table the bets are less contained. Betting a small amount can net a huge profit which is not exactly very beneficial to the casino. When compared to a slot machine, which although typically being seen as a very low-cost form of online gambling can actually cost a hundred a go, which produces a lot more contained betting. There is no competition for the win, only one person puts money in and wins money out. This means that the odds of a casino making a profit are a lot higher. It also produces happier customers as more of them actually win when playing on the normal slots or the video slots than would on the poker table.
Added to this is the lower probability of a big payout. Although slots actually provide a lot more varied and enjoyable experience and offer a higher chance of winning something, there is a very small chance that the casino will make a hefty loss like they could on the poker table or the roulette wheel. This is mainly because of the high levels of chance and probability involved in the slots. Nonetheless, people continue to play them because they are enjoyable and offer a more casual experience than other forms of gambling.
Another positive of slot machines is that there is no way to cheat them. Whereas people have come up with ingenious ways of cheating at the poker and blackjack table, by counting cards for example, and working together to make a profit, the slot machines remain untouched. Due to the computerised nature of the normal slots, there is no way to actually cheat them. Although there are some hints and tips available to help improve your chances, there is no fail-safe method of winning big without putting in the time and effort.
Above all, the innovation surrounding slot machines as a form of gambling has created a favourite for all casino goers and for the casinos themselves.