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Slot Myths

Slot Myths
Slot Myths Winning at slot machines is dependent on luck, and this is why rumors on how to win are prevalent among slot machine players. These rumors only represent a false hope in a situation where there is nothing anyone can do. Slot machine myths are what sprung from these rumors, usually referring to tactics or false facts on odds and winning. Hence, here are some slot machine myths that we are to expose. Slot Machine Myth 1: If the player right before you has just won the jackpot, then forget about playing that same machine. This slot machine myth is probably one of the most universally-believed myths. People believe that once the machine has given away the jackpot, it will not give away again any sooner. However, this is belief is false. Your chances of winning are measure by odds, and these odds or probabilities are constant in a machine. Theoretically, there is really this possibility that a slot machine can give away its prizes consecutively. You can only forget about playing a particular slot machine if the machine is a progressive one and you are not interested in winning the lower, default prize. Slot Machine Myth 2: Placing hot coins in the machine would increase your odds. This slot machine myth is probably one of the most ridiculous myths. First, slot machines cannot detect temperature, nor will it cause any changes in the odds of the machines. The probability inside a machine is electronically programmed and is constant through time. Changing or increasing your chances of winning would require a reprogram of the slot’s computer chip. Slot Machine Myth 3: You almost won during a previous spin, so you will win at the next attempt. The outcome of the past has no effect with the outcome of the future. As what was said, you cannot assume that your chances have or will increase. This slot machine myth is indeed a myth because, aside from the past having no effect on the future, the chances are equal even in “almost” situations. Slot Machine Myth 4: You will get paid lesser than the usual payout percentage if you use your slot club card. This slot machine myth is based on the assumption that slot club cards consume casino comps, so casinos would want their money back by deducting more from your winnings. However, payback percentages, like probabilities, are stored in computer chips and are not easy to alter. Aside from that, in order to change payback percentages, casino operators would have to reprogram the chips and file a lot of paperwork to the authorities. So you can just imagine the trouble it will take to just “get their money back” from your bestowed comps. Each of these slot machine myths possesses an illogical attribute that should not be believed. Therefore, before making any decisions, take time to study how slot machine works, and remember that there is not surefire way to guarantee your winnings.

 

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How to choose an online casino

How to choose an online casino
How to choose an online casino There is one thing for sure and that is that Irish people love to gamble and internet gambling has become very popular across all parts of society and whereas most gambling used to be sports gambling, online casinos have opened up a much wider range of opportunities. Irish casino players have a huge choice of where to go to play online casino games but not all online casinos are the same and it can be difficult to make a choice which is where Irish online casino specialist casinos.ie can help. There are a number of things to look for when choosing an online casino as well as whether you like the look of the casino itself and as is the case with any internet transaction the duty of care is with the user. An online casino should be correctly licensed which means being registered in one of the recognised territories that specialise in online casinos and it should also be governed by the regulations of that territory. Casinos.ie knows these areas of the world and when listing an online casino on the site has already made these checks which means that choosing any of the online casinos from the recommended list is as safe a way as any to ensure safe casino play. Whether you enjoy your online casino play will depend on the casino software which is in use at your chosen online casino and a description of the major casino software suppliers is contained on the casinos.ie pages. Another factor in your choice of online casino may be whether you want to carry out other forms of online gambling at the same site. If so you will need one of the larger online casino providers but of course there is nothing to stop you from using different providers for different forms of online gambling and registration is always free so smaller online casinos such as All Irish casino might be the answer to your online casino play with somebody else providing online sports gambling.This post can be found in the category General Casino News .

Pennsylvania Casinos Business

Pennsylvania Casinos Business
Pennsylvania Casinos BusinessThe state of Pennsylvania finds itself bounded by alligators, which indicates that those days when the casino industry of the state witnessed whopping profits have ended. According to experts, more of the available gamblers from the East are being wolfed down by more casinos in more number of states. Pennsylvania’s Casinos report the first significant decline in annual gambling revenue to $3.05 billion. Nevertheless, the same does not indicate that operators in Pennsylvania are in loss. Pennsylvania Gaming Control Board’s chairman, William H. Ryan Jr., says that the times when casino revenues witnessed growth have become history, perhaps. New properties had given rise to that growth, most of which have now disappeared. But, what’s the good part is that the industry is still doing well. In 2007, as many as seven casinos surfaced to bring in around $1.4 billion in the first fiscal year. And in 2012, $3.14 billion was gathered by Pennsylvania operators to aid the state outshine New Jersey and grab the second position in the country after Nevada. But, the previous fiscal year reported the first plunge of the state in annual gambling revenue, with 12 running casinos reporting just $3.05 billion revenue. According to a Tribune-Review analysis, final figures for fiscal year ended June 30 are still to be released and the state casinos are likely to spring back a bit to $3.1 billion. This would make it the fourth year in a row to report total gambling revenue of $3 billion. Veteran casino industry analyst Larry Klatzkin says that there is nothing bad with the market hitting its pace, which always happens. Where in 1988, only two states ran casinos, a total of 43 states run them now, including all states along the borders of Pennsylvania. Further, even more casinos are in the pipeline for the next year. New York money manager and casino and entertainment industry expert, Harold “Hal” Vogel, affirms that these are bounded by alligators. The US market has seen a saturation point and all states were likely to see a negligible growth. Table games were introduced in 2011-12, which brought annual revenue growth for Pennsylvania’s individual properties that year. But, in the two fiscal years that followed, merely two casinos, viz. Sands Casino Resort Bethlehem and Valley Forge Casino Resort in King of Prussia could report a growth in revenue. On the other hand, Rivers Casino in Pittsburgh in Western Pennsylvania realized a reduction by 2.3% in gambling revenue the previous year. Back two years, it reported $353.4 million revenue. Nonetheless, analysts expect a little improvement this year. In the last two years, Erie’s Presque Isle Downs & Casino and North Strabane’s The Meadows Racetrack & Casino also came up with a plummet in their revenue. That of Presque Isle declined by 27% to touch $135.9 million and The Meadows reported a 23% fall to $250.8 million. Their revenues may further drop this year. However, Lady Luck Casino Nemacolin that opened in Western Pennsylvania two years back may reach $34 million this year i.e. a rise on $28.2 million the previous year. It has been eight years when casinos were introduced in Pennsylvania, and four changes of ownership have been approved by the Gaming Control Board ever since. In 2013, at least $1 billion was required by Las Vegas Sands Corp. for its Bethlehem casino, the second-highest-earning casino after Bensalem Parx Casino and Racing. Since 2009-10, only Sands Bethlehem casino is reporting a constant revenue growth. Sands Casino Resort Bethlehem reports revenue growth every year since 2009-10. Now, Las Vegas Sands along with developers seek to invest some $800 million into the earlier Bethlehem Steel site spread over 126 acres. They seek to add a second hotel with restaurants. Gaming Control Board’s Ryan said that they aimed to make these individual properties destinations and not just casinos. In order to tackle the competition, a 155-room Hyatt Place hotel has been opened this year by The Meadows on its property. The Street, which is a residential and retail development, is being constructed in 22 acres. Adjacent to it, a hotel is being planned by Rivers Casino officials. Ryan said that the people in it were astute and knew that they needed to compete. Las Vegas’s University of Nevada’s professor William Thompson avows that it is clear why casinos need to expand with more entertainment options over gambling. Thompson is studying the casino industry, who added that the zenith for a significant growth was over. And New York was expected to go beyond the state of Pennsylvania in terms of annual gambling revenue, since seven casinos were on the edge of opening there. What Else Might Interest You:

Up to 150% Rakeback at Betcoin Poker

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