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What a treat! Richard W. Munchkin our guest today, Richard, welcome to show, thanks for being our High Roller today. RWM: That is true. In addition to that, they sponsor the Blackjack Hall of Fame and the people who are in the Hall of Fame are fully comped.
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I can stay there anytime, eat for free, play golf for free but not play. RWM: Oh yes.
Card counting is the smallest edge against the casino, the easiest for the casino to detect, and the most amount of heat. As you get into more advanced forms of beating casinos the edges get bigger and harder for them to detect. Q: When you talk about finding bigger edges, more powerful moves, are you talking about the deals made before the play actually begins, things like insurance against losses or the negotiation of comps?
RWM: That would be one aspect. RWM: That is what professionals do. They constantly try to find new ways to beat the game. The professionals, as I say, many of them have moved on from card counting because there are so many better options. Q: You started playing chess and gin rummy when you were three years old. At 12, perhaps a life changing moment, when you realized you can play backgammon for money?
My father and grandmother taught me to play gin rummy and chess when I was three and I just loved playing games as a kid. I grew up in Chicago where the winters were very harsh, so people stayed indoors in the winter and played a lot of games. As slots technology advanced over the years so too did the ways in which slots players could win. As land-based slots migrated to digital machines the number of options to win in different ways began to grow exponentially.
Slots manufactures such as Bally, Novomatic, RealTime Games, Microgaming, IGT and Ainsworth began to produce cabinet-based video slots games with increasing numbers of special features. Perhaps the single biggest breakthrough of the latter half of the 20th century in slots came in the form of multiple payline slots.
These land-based video slots had either five or six-reels with multiple paylines lining the far-right hand and left-hand sides of the machines. These new, state-of-the-art slots machines could have anywhere from 10 to over paylines, dramatically increasing the excitement and winning potential of a single spin.
Multiple paylines also meant that you could win more than one way on any given spin, increasing the odds for the player over traditional three-reel slots but also generating additional revenue for the casino. Playing one spin a payline five-reel slot is comparable to playing three-reel slots at the same time, with every spin. While many traditional slots players first found the multiple paylines and bonus features like free spins and prize multipliers that came with the rise of the five-reel video slot confusing, the opportunities to win, combined with the bonus features, quickly made these types of slot machines exceedingly popular on casino floors from the deserts of Las Vegas to coasts of Atlantic City and the tropics of Macau.
The next major innovation in slots history came with the inception of progressive jackpot slots in casinos around the world.
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These machines, first brought to market by IGT in and enabled by the fact that video slot machines now ran on microchips, powered by a random number generator, were able to pool a jackpot among many machines at different places in the casino and even at different casinos. Progressive jackpots function by putting aside a small percentage of each bet and putting it toward the total jackpot. By linking multiple machines in multiple locations, as more and more people played the machines, it became possible to see jackpots quickly rise into the millions of dollars, leading to the age of the instant millionaire.
Progressive jackpot slots also quickly moved online as the internet grew and online casinos spread, meaning that someone playing an online progressive jackpot at their favourite online casino, like right here at CoolCat, on their mobile in the middle of a boring business meeting, on their lunch break or while waiting for the bus, could hit a life changing mega jackpot with just one click, no matter where they were. Often encompassing multiple screens, cutting-edge high-end graphics, digital surround sound and state-of-the-art animation, these machines transport players into other worlds with every spin.
They often involve elaborate story lines, much like a video game, to give players a multi-dimensional experience while spinning to win. On the back of 3D slots, as land-based slots moved from simple gambling machines into entertainment cabinets, came the first movie-based slots. These video slots cabinets allow players to move from one slot to another without having to find another slot cabinet on the casino floor, dramatically expanding the number of land-based slots games on offer in any given casino at any given time.
So as you can see, slots have come a long, long way.
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Less than a minute after he started playing, he triggered the Feature. That was just the beginning. Eliot is a University of Kansas alumni, which is where he discovered his love of competitive games.
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