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Online casino gambling has become extremely popular in recent years. Especially with land casinos being shut down in the pandemic, online casinos were not just more accessible, they also provided the much-needed entertainment. And how can we miss, the chance at making money? In the year 2020 alone, the worldwide online gambling revenue generated was more than $66 billion! If you have been keen on online gambling or casino games, we have listed down a few interesting facts about the workings of this form of entertainment.
1. Both genders enjoy gambling: You primarily associate gambling and online games to be men’s interests, but with online casinos, both genders are seen enjoying the games. Online casinos allow anonymity and women are also seen partaking in online games. In the US over 57% of online gamblers are females. Another research observed, that while men preferred skill-based games, women opted for chance-based ones.
2. Slots are also called fruit machines: In the early days, slot machines would offer winnings in the form of chewing gum. The symbols on the screen to date have images of lemons, apples, oranges, thus giving them another term ‘fruit machines.’
3. Slots bring in the money: Slots are some of the simplest casino games and they attract one and all. These slot machines are the ones that bring in the maximum earnings to the casinos. A percentage of the money betted always goes back to the house. So after multiple rounds by a single person, the amount is higher. And with maximum people playing slots, be it online or physical casinos, they are the most profitable.
4. You can tip on online casinos: Most online gambling sites do have an option of tipping the dealer online. But the question is will tip to a computer? Well, if you do win a big game, then do consider giving a few bucks.
5. The biggest online casino win: A Finnish man holds the record for winning $24 million on the Mega Fortune jackpot game in 2013. He started with a .25% bet but it turned in his favor that no one has been able to make that big a win in the last 8 years.
6. AI matters: The growth of Artificial Intelligence is also seen widely in the casino industry. Casinos use AI technology to collect data improve their playing experience and also customize it for some regular players. If you get promotional offers on your favorite games, that could be the work of AI.
7. Average age of gambling: People in the age group of 35 to 44 are more likely to turn to gambling as a pastime. However, with easy access to online games, the percentage of teens and tweens playing online casino games is also higher. Although there is an age limit of 18 to register on most sites, it is easy to get past that barrier.
Gambling started as a form of fun and entertainment but reached a stage where it still cannot be played openly.