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Demystifying interesting facts about online Casinos

Personal_Finance / Gambling Nov 16, 2020 - 12:33 PM GMT

By: Submissions


During the Pandemic, there has been a surge in traffic of players to online casino sites. This is because online casinos have proved to be reliable, easy, entertaining and convenient. The online casinos provide a wide variety of slot games, card games and table games. They are integrated with engaging graphics, catchy soundtrack and interactive gameplay. Some of them offer a live version of these games. These live games transport the players to a simulated gambling environment where players feel they are dealing with cards and chips at an actual casino table. The players need to research the new casino sites and their characteristics before throwing in a lot of money. It consists of an amalgamation of table games, card games and slot machines and even articles, expert opinions and tips and tricks about the games and the gambling world in general. The smartphone generation has further contributed to the growth of the online gambling industry. The mobile casinos have made games accessible and convenient.

There are a lot of interesting facts surrounding online casinos. Some of the interesting ones have been mentioned below.

1. Slots are known as Fruit machines

Traditionally, the slot machines would provide wins in the shape of fruit-flavoured chewing games. The online slot games still use the same kind of symbols on reels. The symbols on the reel machines represent fruits like cherries, melon, apple and oranges.

 2. Online roulette is referred to as ‘The Devils game’

Roulette is a very old game which has nothing to do with the devil per se. In strict Christian beliefs, the word 666 is considered to be a devil’s number. The numbers on the roulette wheel sum up to 666 which thereby got its nickname as the devil’s game. Players can play this game and enjoy the most of it and can have genuine wins. 

3. The first online casino was launched on the internet in 1994

Some of the outlines for slot games were developed in 1895 but the first online casino came into being 100 years later after its first invention. The online casino was developed by the gaming giant called the Microgaming in 1994. 

4. Online Slots machines were called one-armed bandits

In online slot machines, the player can spin the feels by applying the spin button or the Autoplay button. But traditionally, the slot games were called the one-armed bandits. They got this title because a player had to spin the reels using one arm only. 

5. Online casinos are anonymous about players having the lowest number of chips at the table

The beauty of online casinos is it provides the player with some degree of anonymity. No player can come to know whether the other player can have a small-sized or large-sized chip at the table. The player needs to choose a table with betting limits that suit his budget.

6. Gambling knows no gender

There is a stereotype that gambling has been traditionally dominated by men only. However, with the advent of online gambling, this stereotype does not hold any relevance as anyone can play at online gambling sites. A report suggests that the number of female gamblers has increased in the online gambling space. The players can play games discreetly. 

7. The average age of online casino gamblers lies between 30 to 40 years

There is another stereotype that gambling is enjoyed by older people. That simply is not true. The online gambling scene shows that young players are enthusiastic about playing at online sites, especially those who are tech-savvy and gamers. Their age group lies somewhere between 30 to 40 years. 

By Varun Varun

© 2020 Copyright Varun Varun - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

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