Slots generate 60% to 70% of the revenue of most traditional and online casinos. Players love to play slots because they offer big payouts and catchy graphics, but don’t require learning a bunch of strategies. While blackjack players sit on payouts of 1: 1 and 3: 2, the real money slots player believes that any move can lead to a fixed jackpot or even a larger progressive jackpot .
Real Money Slots Winnings
The winnings in some slots are so great that they can change your standard of living. However, American slot players have not always been able to find good real money online casinos to enjoy their favorite type of bet. This page explains why things are changing now and where American players can find real money casinos.
UIGEA supplanted old slot casinos
In September 2006, the US Congress voted to pass the Illegal Internet Gambling Act (UIGEA). In fact, politicians used the overt tactics of attaching the bill to the Port Security Act , because such a comprehensive anti-gambling law could never have been passed separately; it was to be part of a law that almost no politician would vote against in the midterm elections.
The UIGEA greatly expanded the ability of federal agencies to prosecute gambling operators, as the expanded Wire Operations Act of 1961 added most of the wagering-related monetary transactions used in online gambling. Most of the major online casinos such as Ladbrokes, William Hill and Paddy Poker have left the American industry within a few months. Major UK and European casino software companies such as Playtech , Microgaming , Cryptologic, Net Ent , and IGTalso left the American online betting industry. Almost overnight, the world’s largest gambling community found itself in an online gambling crisis.
Online slots for real money have suffered the most. Real money games on one-armed bandits disappeared in a matter of months. American gamblers who funded accounts at sites like William Hill, Ladbrokes, Bovada (Bodog) or 888 Casino suddenly found that they could no longer play for real money. They had to withdraw their money and find a new game.
Play slots for real money
The period from 2007 to 2013 proved to be very tight for American slot players looking to find legitimate real money slots online. Realtime Gaming had its own network of sites, including the successful Bodog / Bovada gaming brand . Meanwhile, Rival Gaming and Topgame Technology built small networks, and groups like Cake Network continued to operate. These companies were often based in the Caribbean, and not all of them had a good reputation (although some did). American gamblers could find the game, but the experience was not always as positive as when they played at casinos that were owned by companies listed on the London Stock Exchange.
State licensing of Online Casinos
In late 2011 , the US Department of Justice announced that it had changed its position on the interpretation of the Wire Operations Act. The new interpretation states that federal authorities have the right to prosecute violations of the Wire Operations Act as it deals with sports betting but not other forms of gambling. This opened up the possibility for state governments to license, regulate, and tax gambling and poker betting.
In 2012, the state of Delaware decided to legalize online casinos in its state. Delaware has long been considered the most advanced jurisdiction in the world, thanks to its long tenure as the center of US corporate law, so it is not surprising that it was this state that led everyone else in the field of Internet gaming. When Nevada and New Jersey followed Delaware’s lead in 2013 and passed laws to legalize online casinos , it probably came as no surprise, as these two states have long embraced traditional gambling through their gambling capitals: Las Vegas and Atlantic City . The state that most recently passed online gambling regulation wasPennsylvania , which is in the process of licensing and launching online casinos and poker. What may surprise longtime observers of the American online gambling industry is the fact that 4 more US states are ready to consider expanding the law or adopting real money online gambling in their jurisdictions in 2018. These states include California , Illinois , New York and Massachusetts , all of which have a long history in the gaming industry.
Overall, we can say that American players will have access to more licensed, legal and legitimate online slot casinos for real money than at any time since 2006. The era of American internet users losing their best betting opportunities because of the UIGEA is almost over.
However, some states may never legalize online gambling. For example, Utah has always been outspokenly against gambling.
Online slots for real money
Playing online slots for real money differs from traditional slot machines for both the better and the worse. Convenience and the ability to manage time are the main reasons for choosing to play in the privacy of your own home on your personal computer. The player can sit in their comfortable chair and drink a cold drink from their refrigerator. No need to spend time and money on gas to get to and from a traditional casino, no need to waste time on travel fees. You can play for real money in your pajamas if you want (although I am not advocating for this).
On the other hand, there are several disadvantages. First, you have to spend on a desktop or laptop computer, and monthly high-speed Internet. Most of the time people are already paying for these things in one way or another, so it won’t be an additional expense for you. Not everyone has a deposit account like N eteller or Moneybookers / Skrill , so you will need to open one before playing real money slots online. Visa and MasterCard are also used to fund your casino account, but many people choose not to shine on their in-game deposits and withdrawals on credit cards and bank accounts. If you think so, then think of a web wallet like the ones I mentioned above. They work like PayPal, with similar fees and terms of service, but are more loyal to gaming transactions.
Online gambling vs traditional
The gaming experience will vary. Bright lights and a cacophony of sounds surround you in the slots of your favorite casino. In some establishments, you will also be surrounded by a large number of other players and puffs of cigarette smoke. The graphics and sounds will be top notch because the machines used cost thousands upon thousands of dollars. At home, you can be in a lighted or darkened room and without cigarette smoke around (if you do not smoke yourself). Players may not like virtual slots on a smaller computer or laptop screen, but those who spend money on a larger monitor and more powerful computer can (relatively) reproduce a gaming experience similar to a real Random Number Generator or RNGused to generate the results works the same way anyway, so the games themselves will adapt quite well.
Keep in mind that the quality of home gambling is truly breathtaking. When you are in a casino, you will always think that you need to be back in time for dinner, catch a show, or just go home to relax. In the comfort of your home, you can satisfy all your needs within a radius of 3-10 meters. Remember, it’s important to take breaks, otherwise you risk losing a lot of money due to lack of concentration. I recommend keeping a detailed record of winning and losing sessions in order to observe daily, weekly and monthly gaming trends. These records are stored in player history on any good casino site, so at least keep a close eye on the statistics in your player account.
Common myths about real money slots
Before playing real money slots online or offline, I would like to give some tips and strategies , while debunking a few hobby myths . They can help you save some money that you can use for your hobby or for fun after gaming sessions.
The most common myth to avoid is about aligning slots and trying to predict the jackpot hit. The random number generators used in casino slots are real RNGs, not ones based on a long list of numbers. You cannot predict from the alignment of the reel on the last spin if it is going to “ line up”so don’t waste your time trying (or learning ways to do it). Thousands of results are generated per second, and the result that is reflected to you is the one that was obtained in a split second while you pressed the spin button. No one in this world can predict such a result. This myth stretches back to the days when drums were mechanical and there may have been a mechanical reason for believing that the drums were aligned. This is an obsolete 20th century method that has no place in the 21st century.
Likewise, do not use progressive betting methods such as Martingale or Labouchere betting systems. In the progressive betting method, you increase your bets by a factor every time you lose a bet. The idea is that in the end you will have a winning spin that will cover all your losses, and on top of that, there will be some additional amount left. While this works great in theory, a losing streak will soon lead you to wager hundreds or thousands of dollars per spin, hoping to just get your money back and win a small bonus.
As you may have noticed, bad streaks happen to everyone in gambling, so playing this way will end up losing a huge amount. This was taken into account for games at home as well. Computer simulations were performed by mathematicians to test progressive betting methods and compare them to fixed bets (over a billion spins as an example). With this approach, Martingale lost more money than flat bets. In this case, Martingale is an 18th century gambling formula that has no place in the 21st century.