How To Win Big At Casinos
Did you know that, at any time, there are progressive jackpots worth millions in play? Head online and you can easily check the status of every progressive slot and see where every jackpot currently stands.
At the time of writing, the total jackpot pool is a mind-blowing £86,590,947.00. It changes every time a slot if played. At the Casino Listings website, they have been monitoring progressive slot jackpots since 2009. The total paid out: £2,603,105,596.00. Yes: that is £2.6 billion.
Big win casinos give players the best chance of landing a life-changing win. A big win is the dream of all gamblers around America. The chance to change your life with one lucky bet at an online casino is a big. To built up a gaming strategy, the slot player must first of all decide on the bankroll and the size of bets. The smartest tips are to stretch the betting amount, pocket all the winnings, know when to stop and never try to win money back, because you can lose even more. Set up betting limits.
Most of that total is from relatively small wins of less than £1,000. However, there are 100s of new millionaires who hit a fat win on a lucky spin. The bottom line: they may be very rare but jackpots do land.
What do you do when you score a big one? Here’s our top ten guide to getting wise with those winnings.
1. Kill the Credit
It’s no secret that credit and store cards are some of the most expensive ways to borrow money. The typical Annual Percentage Rate (APR) on a credit card ranges from 16% to 25%. For store cards, the APR is even higher, with an average of around 25%.
Basically: you are paying money to borrow money. In the case of these cards, it’s often a lot of money. Clear these debts first and enjoy the freedom.
2. Home A Loan No Longer
Mortgages are one of life’s essential hardships: huge loans that enable us to buy our own home. The lender takes a risk and it comes at a cost: interest. Fixed or variable, we all pay a huge amount to borrow that money and it takes decades to clear.
Extending a mortgage is often the cheapest way to borrow money but – as you have just pocketed that progressive jackpot – you no longer need that loan. Clear the mortgage and own your home. Do watch out for early mortgage closure penalties in your contract. It might pay to wait a few months before settling to avoid additional charges.
3. Keep It Real Estate
Someone famously once said that ‘landlords get rich in their sleep’. House prices can rise and fall but Rockefeller, Carnegie, and Trump can all vouch for the value of property. It’s hard to lose and difficult to steal. Get a well-behaved tenant and it can also make you a nice income.
4. Get A Pension
Windfalls can come with a heavy tax liability. One way to claw back some of that cash is with a pension. Seek a reputable financial advisor and futureproof that jackpot win. Bet on the future, and make sure you’re still smiling about that lucky spin in your golden years.
5. Get Arty
Investing in art is not only a sensible way to lock up some money. It’s also a lot of fun and looks great on the wall. The one golden rule: buy what you like. This way, if it tanks in value, at least you get to enjoy it.
One good way to lock in the value of your arty asset is to buy ‘a name’. Investing in a Banksy, Warhol, Hirst, or Emin is a fairly safe bet. These artists have been around for a while and their art holds its price. Make sure anything you buy has good provenance.
6. Accelerate and Accumulate
If you have got the willpower to park it in the garage, a classic car is always a rock-solid investment. Consider the Ferrari 250 GTO. Only 39 were ever made. In 2018, a mint condition 1962 model sold for $48.4 million. Don’t leave that in the layby overnight.
7. Wine On
The key to being a successful investor in the world of rare wine is not to drink your assets. Away for the weekend?? You better make sure they don’t make a bowl of punch out of that 1945 Domaine de la Romanee-Conti. It sold for £424,000 in 2018.
But seriously, wine is a good investment with some great returns. A diminishing asset that holds its value. Take advice.
8. Coins, Comics, and Other Collectables
A little knowledge can be a dangerous thing but, if you are passionate about comics, coins, or any other collectible, you can indulge your hobby with a jackpot win. Now you can afford to buy that gold sovereign, first edition of Batman, or Gibson guitar that Eric Clapton played when he was in Cream. At worst, you’ll get a kick out of them.
9. Cryptocurrency
The world of Bitcoin is a rollercoaster. Siphon off a little bit of your jackpot win and explore cryptocurrency. This is definitely not a safe investment but there is money to be made, if you dare ride the waves of Bitcoin and other digital currencies.
10. Enjoy
Big Casino Winners
You’ve invested. You’ve been sensible. Now, it’s time to enjoy your jackpot. Take that holiday of a lifetime, turn left when you enter the plane, cruise the world, buy that five-carat shiny rock. You only live once and, as someone famously once said: if you do it right, once is enough. Good luck winning that jackpot!
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How To Win At The Casino
How to Win BIG on Casino Slot Machines
Want to Win BIG on the Slot Machines? Here's how to do it.
by Paul Ace Diamond 'Huggy' Blow
How To Win Big At Casino Slots
A jackpot win on a hot Copper Dropper slot machine.
Big Win Casino Slots 777
If you want to win BIG on casino slot machines, it can be done. If you have been in the casinos you have probably seen people win jackpots of a couple thousand dollars or so on the slots, and you think, 'Why can't I do that?' Well, you can...Yes, you too can get lucky and get a nice winning payout on the slot machines -- and I'm talking hundreds or even thousands of dollars if you hit the 'jackpot' or even a good bonus round on the machines. Now then, the secret to winning big on the casino slot machines is that you have to BET big in order to get the good payouts, and most importantly you have to be lucky enough to get a good payout before you lose all your money. That being said, in order to win big on the slots you need THREE things:
1) A bankroll of at least a few hundred dollars THAT YOU CAN AFFORD TO LOSE
2) The LUCK to hit some good payouts BEFORE you lose your bankroll
3) The discipline to LEAVE the casino before you lose your winnings
You will need a good bankroll simply because to win big on the slots you will have to bet at least a dollar or more per spin. Most new penny slot machines these days actually have a minimum bet of at least 50 cents (yes, they are getting more expensive to play) and the max bet is anywhere from $4-$20 dollars. The more you bet, the more you win on a good combination or bonus round. The thing is, there is NO GUARANTEE you will hit a good winning combination or bonus round before you lose your bankroll! To win big, you simply must hope to holy heck that you get a good winning combination (or jackpot, or whatever you want to call it) early on in your gaming session! If you do get lucky and hit it big, you should also have the discipline to leave the casino while you are ahead. If you continue playing for hours, you will probably lose your winnings.
Realistically speaking, the top prizes or 'jackpots' that pay over a thousand dollars are so infrequent you may never see one in your gambling career. Your better bet for winning big on slots is to get enough good paying combinations (usually called 'big wins' on the machines) or bonus rounds that will put you ahead a couple or a few hundred dollars. Don't wait on the $2000 jackpot to come through, it may never come!
Personally, I rarely bet maximum credits on a slot machine (I usually bet anywhere from 50 cents to a dollar per spin, depending on the game) but I have won three $2000 jackpots on my favorite game 'Megawinner' at $5 per spin and two $1200 jackpots at $3 per spin. I will only bet the max credits on a game if it is 'hot' and paying out. Most every time I won a jackpot I was down over $200 before I hit it big. Something to think about: when someone wins a large jackpot on a slot machine, chances are they were betting max credits and were down hundreds of dollars (or more) before they hit the jackpot. One more thing to be aware of: if you win $1200 or more on a slot machine in a single spin or bonus round that money will be reported to the IRS and you will be required to pay taxes on it. The casino will give you the option of having 25% of the jackpot money set aside for taxes or you can be paid in full and pay the taxes at the end of the year.
There are things you can do to improve your chances of winning big on slot machines. For one, do NOT waste your money playing a game that is not paying out! When I play slot machines I routinely move from game to game looking for a 'hot' machine that is paying out... when you find such a machine THAT is the time to start betting big. There is no guarantee that you will find a 'hot' slot machine every time you go to the casino, but to increase the chances you should go to the casinos on off nights or after 2:00 AM on weekends when they are less crowded and you have more open games to choose from. Also, if your 'hot' game starts cooling down, decrease the size of your bets until you are sure the game is not 'hot' anymore, then move to another game. There are many theories about 'hot' games among the so-called experts, but experience tells me that slot machines do indeed run in cycles of sort.
All in all, it is possible to win big on slot machines from time to time when you get lucky. However, you may simply lose your shirt -- so BE CAREFUL and do not try to bet like a high roller unless you can afford to lose like a high roller!
For more on how to find a HOT slot machine read this article: How to find the HOT slot machines in casinos
For more on how to win a bonafide jackpot read this article: How to Win a JACKPOT on Casino Slot Machines