How to Use Betting Machines
By Space Coast Daily // October 3, 2019
A report by the BBC shows the UK government finally bowed to pressure from MPs earlier this year and will reduce the maximum stake for betting machines from $124 to $2.5. It is a controversial move that threatens the $2 billion betting machine industry and tens of thousands of jobs.
Unlike in the US, betting shops are wildly popular in the UK, which makes them accessible to everyone. Around the world, most people play games offered on betting machines online.
Games like slots, roulette will quickly hook you into action. And if played strategically, they can earn you some cash. Continue reading to learn about betting machines and how they work.
Types of Betting Machines
Betting machines are known as fixed-odds betting terminals; FOBTs. They use random number generator (RNG) software or sportsbook software to set odds on popular casino games and sports.
By law, FOBTs must display their return to player rate (RTP). That helps players gauge how generous or mean different machines are when it comes to paying out.
Most FOBTs have a return to player rate of between 90% and 95%, giving betting shops a built-in advantage of 5% to 10%. But as we mentioned, you can find a wide range of casino games to play. Below are some of them:
- Roulette
In roulette, the goal is to predict on which of the 36 numbers a small pocket wheel lands. Technically, you have odds 1 to 35 for the ball to land on the number you chose.
That’s because one of the 36 numbers belong to the house. That number is zero in European roulette and zero or double roulette in American roulette.
You can also bet on several other outcomes. For instance, you can wager on whether the ball lands on a black colored or red-colored pocket number. The odds for that wager are 1:1. Unfortunately, you also lose the bet if the ball falls on 0 or 00.
Other ways to gamble in the roulette game include odds/evens, high/low, and column bets. The 36 roulette numbers can also be divided into three dozens. That way, you can predict whether the ball lands on numbers 1-12, 13-24, or 25-36.
- Sports Betting
FOBTs compete against online betting sites stiffly when it comes to providing competitive odds. Whether you want to wager on soccer or the NFL, rugby or basketball, you will find quality at many betting machines.
The only problem is the inconvenience of driving to a shop to place your bet manually. Fortunately, you can bet on any major sport at your convenience using online bookmaker sites.
You can use a mobile app or a laptop. You can also stake before the game begins or while it is ongoing.
But to ensure you get quality services, play on good bookie platforms. Sporty Trader features a comprehensive guide to the best online betting sites in 2019. They are carefully sorted to include licensed bookmakers that offer competitive odds, reliable customer support and overall good services.
- Slot Machines
Slot machines are incredibly popular with betting machines’ players. They are easy to use, addictive, and have decent payouts. Shops provide a wide range of slots for players, so you’ll always find a game you want to play.
Again, the games display their RTP so that you can sort them out based on how frequently they payout.
Similar to the classic slots that flickered continuously and produced melodious soundtracks every time you won; modern day slots on betting machines can be noisy. But that’s what makes the games enjoyable and addictive.
- Virtual Games
Innovative bookmakers regularly create fictional games to spice up their betting machines’ game libraries. Pick ‘n’ 36, a recent game launched by UK-based Paddy Power bookmaker, resemble a cycling game. It offers a higher maximum bet than regular betting machines and uses odds eerily similar to those of roulette.
At its core, you predict when the lead cyclist gets overtaken by his competitors as they compete around a track. The odds vary from 1-36 like in roulette, hence the controversy.
Despite that, it’s one of the many virtual games you can find in a typical betting machine. Read more about the game in this review done by the Guardian.
- Progressive Jackpots
A few betting machines provide progressive jackpots like Rainbow Riches and Goddess of the Amazon. The games offer immersive gameplay and reasonably high payout rates. But due to the maximum cap limits imposed by authorities, you can’t win more than $500.
On the Internet, you can play the same games. But since you could use higher stakes, you can win a lot more than the maximum $500 imposed on betting machines. With some jackpots, you can earn up to $10 million.
Should you Play Betting Machines’ Games?
FOBTs are so entertaining and addictive that they often attract rub some authorities the wrong way. That means they are worth trying for their entertainment value. Fortunately, you also don’t need to find a physical betting machine to play the games.
Plenty of online betting sites have virtual games launched in intervals of one minute. If you love sports betting, you can find quality betting markets from all top leagues weekly.
When it comes to roulette, not only can you play European and American roulette, but you can also play the games live against fellow players.
You also benefit from the higher betting limits, enormous progressive jackpots, and regular casino bonuses. Additionally, you play at your convenience, something you probably value. In fact, there’s no benefit you’d get from a physical betting machine you won’t find on online casinos.
To Conclude
Betting machines originated in the UK and are exceedingly common to date. Lately, the UK government has been making stiff laws to regulate them. In the US, however, the machines are scarce, and you might not see them in states with legal gambling laws.
Fortunately, you can play all the games offered by FOBTs on modern betting sites. From roulette to sports betting, slots to virtual games; Internet-based bookmakers provide all know gambling games.
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