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Gamblers Don't Pinch A Pennies After All

A form of gambling that is popular with customers but still profitable at home is the penny slot. Penny slots are much more practical than ever before, with paper tickets appearing instead of coins pouring when someone hits. Imagine paying 100 dollars in one cent altogether?

 

Gamblers can have all the fun of a high spinning machine with a penny slot, but bets start at one or two pennies. Of course, bets can be up to $10 and most tend to be close to the 50-cent range, but that's where the fantasy of cheap gambling comes in. Penny slot games keep customers gambling longer, so the average still drops significantly by the house.

 

In a year when gambling revenues have declined nationwide, even in gambling mecca like Macau, some states that still offer penny slots have actually increased their profits. Penny Gambling Machines accounted for 25% of Nevada's total slot machine revenue in 2008, with other states recording even higher revenues. Missuri's gambling income actually increased over 2007, and much of this increase can be attributed to the popularity of penny slots.

 

Experts say casinos serving primarily local markets, such as Missouri, rely on low-age gamblers from frequently visited areas. Unlike destinations like Vegas, local gamblers will visit casinos much more often, sometimes weekly. Many of these gamblers will play penny slot machines as part of their evening out. 온라인카지노사이트

 

"The affordability is why people love games," said Frank Legato, editor of Las Vegas-based Global Game Business magazine. "Casinos just like them because the average bet in a game is the same as a quarter or dollar game, but their house advantage in these games is bigger.

"People who play pennies don't worry about it. They just want to have fun and play for a long time with a small amount of money."