How the Gambling Industry Influences the Global Economy
Ilija Jaksic
3 months ago
The gambling industry as a whole has developed into a considerable economic force. It’s responsible for substantial revenues in the tourism and hospitality industries, but its influence goes beyond traditional casinos, with online platforms accounting for a massive piece of gambling transactions. Join us as we dissect how gambling’s convoluted yet intriguing economic footprint affects the global economy, contributes to GDP in various nations, and creates jobs.
The Significant Role of Gambling Platforms in Local Economies and Small Businesses
When Atlantic City began its operations, the intention was to boost tax revenue and help urban redevelopment. Initially, there was a positive impact on the regional economy, with the industry generating capital investment, high-paying jobs, and a consistent flow of tourism. Employment in the metropolitan area more than doubled in the decade following the first casino opening in 1978.
The ripple effect of the economic contributions is significant and far-reaching, benefiting a wide array of sectors and supporting a diverse range of small businesses.
If we take the US as an example, we can see that casinos are responsible for generating a staggering $52 billion in revenues for small businesses in diverse industries such as real estate, finance, health care, STEM, manufacturing, and information technology. In terms of employment, they support approximately 350,000 jobs in small businesses.
These jobs are not limited to the industry alone; a substantial portion are in non-gambling sectors like local restaurants and shops. These businesses often see a marked increase in customer traffic and economic activity due to their proximity to gambling properties.
Furthermore, the contribution of casinos to small business employee wages is notable, with $13 billion being supported annually.
Economic Benefits of Land-Based Casinos & Online Gambling Platforms
These platforms contribute significantly to government revenues through taxation and licensing fees, sustaining public services and infrastructure. Gambling ventures boost local economies and create numerous employment opportunities, from technology and software development to customer service roles. They also stimulate technological innovation as the competitive market drives advancements in digital security, user interface design, and gaming software. Lastly, regulated gambling markets aid in the fight against illegal gambling by improving consumer protection and promoting responsible gambling habits. Let’s go over these advantages in greater detail below.
Tax Revenue
The capability of the gambling business to generate tax revenue is a critical economic benefit, allowing increased government investment in essential services and infrastructure. Direct tax contributions include corporate taxes, gambling-specific taxes, and license fees.
Indirectly, it adds to sales and service tax income. Spending on hotels, restaurants, and other local services in known casino locations increases the government’s proceeds.
The tax revenue generated from the gambling industry is often earmarked for specific public welfare projects. Governments use tax income to finance education, healthcare, social services, and community development initiatives.
To understand the scope of these numbers, betting online resulted in $1.5 billion in sports betting tax revenue for 27 US jurisdictions in 2022. New York, Pennsylvania, and Illinois generated more than $100 million each.
When we look at the market share of online poker in the US, the numbers are just as impressive. In 2022, the poker market size was worth $86.2 billion and is expected to have a growth rate of around 13.5% between 2023 and 2030. Given the sheer magnitude of the market, we can say with certainty that online poker contributes heavily towards tax revenue, among other economic factors.
Job Creation
The jobs created by the industry also contribute to tax revenue. This contribution is substantial, given the industry’s role in employment across multiple sectors, including technology, hospitality, and customer service:
- Direct employment includes positions such as dealers, security personnel, managers, customer service representatives, and technical support staff. Online platforms also demand a range of IT professionals, from software developers to cybersecurity experts.
- Indirect employment expands opportunities in companies specializing in game design, online security, marketing, and advertising.
The industry also contributes to the workforce’s skill development. Many roles in the gambling sector, especially in online casinos, require specialized skills, prompting the need for comprehensive training programs. This skill development can benefit employees’ long-term career prospects, even outside the gambling industry.
Reduction in Crime
Legalization directly influences the reduction of illegal operations, which are often associated with other forms of crime. However, the effect of legalized gambling is a subject of ongoing research and debate. Although research indicates that legalization does not necessarily lead to a rise in crime, specific types of crime, such as theft or fraud, may increase in areas surrounding casinos, possibly due to addiction issues.
Tourism
Gambling attracts visitors from around the world and stimulates local economies. Locations like Las Vegas, Macau, and Monte Carlo are prime examples of how casinos can become central to a city’s identity.
Modern establishments are a vital part of integrated resorts, offering a combination of entertainment, hospitality, and retail services and appealing not just to gamblers but also to families and business travelers.
Casino venues also host events like poker tournaments, entertainment shows, and conventions. These events often garner international attention, creating a cycle of economic growth and development for the hosting regions.
Everlasting Imprint of The Gambling Industry on the Global Economy
With its complex web of economic, social, and cultural impacts, the gambling industry plays a multifaceted role in society. The economic impact of the industry on a global scale is far-reaching, with just as significant influence on national economies. Whether land-based or online, revenues generated contribute heavily towards the way countries build, employ, and ultimately, prosper.
It is needless to say with this industry growing at the pace it is, the role of regulatory bodies and legislation are responsible for keeping up to ensure that individuals, communities, and countries can thrive alongside the industry, without the risk of jeopardizing the safety and well-being of local and global communities.
Governments impose gambling taxes on the revenue generated from various forms of gambling, such as lotteries, sports betting, and online gambling. The rationale behind such taxation is to generate revenue for the government, discourage excessive gambling, and regulate the industry.
A key concept in understanding gambling taxes is the gross gaming revenue (GGR). GGR represents the total amount wagered by players minus the winnings paid out to them. It's essentially the gross profit for gambling operators before expenses are deducted. Taxes are often calculated based on the GGR, making it a critical figure in the economics of the gambling industry.
Operator vs. Individual Player Taxes
Individuals fortunate enough to win at gambling may be required to pay a percentage of their winnings in taxes to the government. The United States, for instance, imposes high taxes on individual casino winnings, but the percentages vary depending on the state and the amount won. Additionally, the United Kingdom demands taxes on winnings from certain games, such as the National Lottery. These policies aim to keep the tax burden on winners manageable.
The countries with the highest taxes on gambling establishments usually don't require individuals to pay additional taxes on their winnings. By examining different countries' tax regimes, we can observe the financial impact of corporate taxes and see how different societies perceive gambling.
Countries with the Highest Gambling Taxes
Certain countries stand out for imposing the highest rates. By taxing gambling activities, these nations aim to generate significant revenue that can be used for public services and social programs or to mitigate the potential adverse effects of gambling. The following section will illustrate how the countries that have chosen to adopt the highest gambling taxes leverage this sector as a substantial source of government income.
France
The 2010 Online Gambling Law opened the doors to online racing and betting on sports. Five-year renewable licenses carry no fees for operators. However, they are required to pay fees to the organizers of French sports events for the right to offer bets.
France imposes taxes based on the GGR. Online operators are taxed at a rate of 37.7% GGR for racing and 55.2% GGR for sports betting. Retail betting incurs a tax rate of 44.5% GGR. Operators' corporation tax decreased to 25% in 2022, while the standard VAT rate is 20%.
Germany
The Race Betting and Lotteries Act of 2021 introduced a 5.3% tax on stakes for sports betting, horse race betting, virtual slot games, and online poker, resulting in an effective rate of 5.03%. Land-based casinos face tax rates on gross gaming revenue, ranging from 20% to 80%.
Offline slot machine operators must pay municipal amusement tax of 12% to 20% based on GGR. Betting shop owners may also face local betting shop taxes of up to 3% on stakes, independent of the federal sports betting tax.
Macau
Casino concessionaires in Macau must pay tax amounting to 35% of their GGR. Additionally, gambling operators are subject to two more levies—a 2% tax on their gross gaming revenue, which contributes to public funds promoting cultural, scientific, social, economic, and educational development, and a 3% tax allocated for urban development, tourism promotion, and social security.
Furthermore, a 5% tax is imposed on the commissions paid to promoters. The Macau Gaming Law also stipulates a special levy in cases where a gaming table or slot falls short of the annual minimum gross revenue requirement, calculated as the difference between the generated GGR and the minimum revenue thresholds per table (MOP$6,000,000) and machine (MOP$300,000).
Denmark
Online and land-based betting, online casinos, betting exchanges, poker, and other commission-based games carry a 28% tax rate. The land-based casino rate is 45% on GGR, with an additional 30% tax on the amount exceeding Kr4,453,400.
The tax rate for physical machines is 41%. Gambling machines in restaurants face an additional 30% tax on amounts exceeding Kr33,400, while arcades have an additional 30% tax on amounts exceeding Kr278,400, plus a per-machine fee. In the non-profit lottery and no-stake games, cash prizes exceeding Kr200 and prizes comprising goods or services exceeding Kr750 are taxed at 17.5%.
Austria
Online casino games and betting in Austria are exempt from the standard 20% VAT, except for slot machines outside online casinos. The current taxation structure for online casinos is distinct for various products. A 2% tax is applied to all stakes for online and offline casino betting. However, when it comes to online casino gambling, a substantial 40% GGR tax is imposed. Land-based casinos may levy a 30% GGR tax. Additionally, slot machines at online casinos are subject to a 30% tax on the net gaming revenue.
Countries with the Lowest Gambling Taxes
Some nations choose not to tax gambling companies heavily. Therefore, understanding these factors sheds light on their approach to regulating the industry. Countries with low gambling taxes adopt these policies to stimulate economic growth, promote competition in the industry, and maintain the profitability of gambling businesses.
By keeping tax rates low, countries encourage operators to open new casinos, online platforms, and other gambling enterprises, leading to growing investment, job creation, and tourism.
Another consideration is the competition among countries to attract gambling businesses. Reduced tax rates can make specific jurisdictions more appealing to casino operators, resulting in clusters of gambling establishments in the area. This competition among operators can result in better services and offerings for players.
Russia
Chapter 29 went into effect on January 1, 2004, making gambling taxes regional, with money going to the budgets of the Federation's component organizations. This amendment allowed every region to choose its own gambling tax rate as long as it remained within the boundaries stipulated by Law #142-FZ. Tax rates on slot machines with cash wins varied from ₽1,500 to ₽7,500, while bookmaker and totalisator cash desks and gaming tables had tax rates ranging from ₽25,000 to ₽125,000.
Online sports betting license holders, the only type of online gambling permitted in Russia, pay a set monthly tax rate of ₽2,500,000 to ₽3,000,000.
Singapore
Gambling taxation in Singapore has undergone significant changes. Mass market GGR is now taxed at 18% for the first S$3.1 billion and 22% after that, which signifies an increase from 15%. Premium (VIP) GGR, previously taxed at 5%, now faces an 8% tax up to S$2.4 billion and 12% beyond that amount. These rates are contingent on casino operators meeting specific targets. Failure to meet them results in a default tax rate of 22% for mass GGR and 12% for premium GGR.
Finland
The gambling landscape in Finland is characterized by a state monopoly, with Veikkaus Oy as the sole licensed operator. Traditionally, the gambling tax stood at 12%. However, in response to the Covid-19 pandemic, this rate was reduced to 3.4% in 2022 and slightly increased to 5% in 2023. The tax rate will revert to the original 12% in 2024.
Belgium
In Belgium, the gambling tax is region-specific. A general 15% tax and 11% in Wallonia applies to gross wagers, excluding national lotteries, pigeon races by participants, and non-profit games. Horse and dog races incur a 15% tax on gross margins, extended to non-EU events since 2015. Online wagers face an 11% tax on net margins. Casinos are taxed differently per game type, and a fixed tax applies to gaming machines in Class A, B, and C establishments.
Kenya
The Income Tax Act and the Betting, Lotteries & Gaming Act govern gambling taxation in Kenya. Betting companies withhold 20% from winnings, so a win of Ksh50,000 results in Ksh40,000 for the winner, with Ksh10,000 going to the Kenya Revenue Authority (KRA). A 15% tax on GGR, defined as gross turnover minus customer winnings, is also levied on bookmakers. This tax applies to casino, lottery, and prize competition winnings and must be remitted to the KRA by the 20th of each month.
Key Takeaways on International Gambling Tax Policies
Due to the introduction of gross gaming revenue (GGR), we can observe societal attitudes toward gambling and see how governments tax different forms of gambling, with the primary objectives being revenue generation, discouraging excessive gambling, and industry regulation.
Specific taxation rates and policies are tailored to each country's unique socio-economic circumstances. Policies vary significantly in terms of tax rates on GGR, winnings, and specific gambling activities. Given this diversity, it's crucial for individuals, especially foreigners, to familiarize themselves with specific regulations of the country they are gambling in to avoid any legal issues.
February 8, 2024
Posted by Ilija Jaksic
Without a doubt, Backgammon is a popular board game worldwide. But did you know it's also one of the oldest games in history? Unlike traditional games such as chess and go, Backgammon has been around since 3,000 BC.
In this article, I'll talk more about the history of Backgammon, so read on if you're interested to learn the origins of this game.
The History of Backgammon
Evidence suggests that Backgammon has been played by the rulers of ancient civilizations such as Greece, Rome, Persia, and the Far East for thousands of years.
Iran
The oldest known backgammon board, which dates back 5,000 years, was found in 2004 in the Iranian province of Sistan-Baluchistan. Pieces were made of turquoise and agate, and the board was made of pure ivory. During those days, these materials were commonly used to construct backgammon boards and other board games.
Around the same time, ancient dice made of human bone were also discovered.
Ancient Mesopotamia
In the 1920s, archaeological discoveries were made in ancient Mesopotamia and present-day Iraq, dating back 5,000 years and revealing six artifacts similar to what we see today in backgammon boards, dice, and different colored pieces. These discoveries provided a fascinating glimpse into the game's potential origins in ancient Mesopotamia. Even though there's a debate over the exact origin of Backgammon, it's known that Egyptians, Sumerians, and Persians all played games similar to our modern backgammon games.
A 5,000-year-old backgammon board was found in the Royal Tombs of Ur in Mesopotamia in 1962. Although, as previously mentioned, this was the area where The Royal Game of Ur was played, the wheel, the first written language, and the first known math system were all invented.
Roman Empire
There were times when the Romans were so enthralled with the game that they proclaimed it to be the sport of emperors; they played it on surfaces such as wood, with stones as markers and dice made from bones, wood, or pottery as dice. It's believed that during the long journeys of Emperor Claudius, he incorporated a special board into his chariot to be able to play the game during those long journeys.
Backgammon was believed to have been taught in the Holy Land and brought back to Europe by the Crusaders. In the Middle Ages, Backgammon was an advantage of knighthood in England; it was the privilege of the aristocracy and noblemen.
References of Backgammon
English literature and art used to refer to Backgammon as 'tables' until 1645 when the word 'backgammon' first appeared in print.
There are several references to the game in works by Chaucer and Shakespeare, as well as Dr. Jan Steen's masterpiece of the 17th century, 'Argument over a Card Game,' which deals with the game's history.
A reference in the book written by writer Edmond Hoyle in 1745 describes the rules of Backgammon and discusses some strategies still used today in the game. The invention of the double cube took place in the 1920s.
The Doubling Cube
Among the most significant developments in the history of Backgammon, the invention of the doubling cube is most notable.
The doubling cube is shaped like any six-sided dice, except its numbers are different — six numbers are displayed on the doubling cube, 2, 4, 8, 16, 32, and 64. The cube sits between each player. So, using the cube, one player can double their stakes if they feel they have the advantage.
In the 20s, the doubling cube became popular in New York City, but it's unclear who introduced it to the public. Today, the doubling cube is used by western players in modern backgammon games. And, for example, in Armenia and Greece, the doubling cube isn't commonly used.
Backgammon Today
During the 60s, there was a surge in the popularity of Backgammon, partly because of the influence of the Russian Prince Alexis Obolensky. It was believed that he was the father of modern Backgammon for a time. He was a co-founder of the International Backgammon Association and wrote the first set of rules for the game. He also hosted a series of tournaments in Manhattan in the 1960s, drawing many celebrities and royalty.
Backgammon was once one of the most popular games in the Western world. Over the years, it has always been one of the most popular board games throughout the Middle East, and its popularity has never diminished over the years.
In the late 60s, Hugh Hefner's backgammon parties were held at the Playboy Mansion. And during the last days of Hefner's life, he played the game with his family and close friends.
In 1967, there was even a World Championship held in Las Vegas.
As a result of the establishment of the United States Backgammon Federation in 2009, Backgammon has become more and more popular worldwide. This federation is composed of all-time top players and tournament directors worldwide. For this reason, backgammon tournaments have become increasingly popular in recent years.
Backgammon has become a popular game in most land-based and online casinos. However, in casinos, it may have slightly different rules, but its popularity shows just how common it is. And lastly, home versions of this game are available at the major board game manufacturers.
Digital Backgammon
It's now possible to play Backgammon anywhere at any time.
There are hundreds of backgammon versions available on flash game websites. Moreover, versions are available through Apple and Android's app stores. Alternatively, you can play a version of this game through iMessage with other iPhone users.
Conclusion
I provided a brief overview of what I've mentioned in this article about the history of Backgammon:
In 2004, the ancient backgammon board was discovered in an Iranian province, dating back 5,200 years.
In the 20s, six artifacts were in Iraq that originated approximately 3000 BC.
A 5,000-year-old board was discovered in Iraq in the 60s.
In England, in 1645, the word 'backgammon' first appeared in print.
The father of modern Backgammon is Alexis Obolensky.
First World Championship took place in Las Vegas in 1967.
In 2009, the United States Backgammon Federation was established.
It's one of the oldest dice games, but people still love playing Backgammon at home, at parties, land-based and online casinos. In case you don't know anything, you can learn the rules and gameplay of Backgammon.
October 30, 2022
Posted by Content Team
Notwithstanding, Megaways slots are not as popular as they used to be, however, the casino industry still has a relevant place for them. In this guide, we let you know the top tips for winning in Megaways slots.
We want to provide you with must-know things related to some Megaways casinos, bonuses, Megaways slots RTP on average. In addition, we will let you know the most popular games in which you can get the best benefits and, more importantly, the best way to get fun while gambling.
1. Choose Your Favorite Megaways Slot
Megaways Slot has evolved since the iconic Megaways slot Bonanza Megaways and Extra Chilli Megaways, games that marked a complete era. After them, the industry of the Megaways slot has experienced exponential growth. Nowadays, there is a large offer of Megaways slots to pick, most of them with appealing themes and rules that make them attractive for any gambler king and with excellent and exciting bonuses that users sometimes really appreciate.
In addition, a very good piece of advice that we can provide you is to choose those slots with more bonuses and modifiers. Probably you have a crush on that new Megaways slot based on the Avengers. Still, there is a big chance that this game does not give you back the same love you are investing in, so be prudent and try games such as Genie Jackpots Megaways, which has bonuses and modifiers, or Legacy of the Gods Megaways, which is another amusing recommendation. But keep in mind that this is up to you, if you prefer fun over easier profit we cannot blame you, sometimes it is better to have what you wish.
2. Try Megaways™ Slots Free Play First
There are tons of Megaways Slots that allow you to give them a try before deciding on playing for real money on them. That is an absolute piece of advice that we can give you since you can avoid feeling bad or having regrets about putting your money in something you really did not enjoy. Playing for free before going through Megaways slots will provide you with a better background about what you are getting into and give you a better thought about the best game for you to gamble in. Some casinos have marked their games with a free game or a demo tag, so find them will be a piece of cake. Those games are pretty trendy, such as Great Rhino Megaways, the Dog House Megaways, Monopoly Megaways, Power of Thor, or Dazzle Me Megaways. They provided reliable developers such as Pragmatic Play, NetEnt, Blueprint Gaming, Big Time Gaming, etc.
3. Choose a Legal and Licensed Megaways™ Casino
One of the things that concern players the most is to find a trustworthy Megaways Casino Slot to play in, but as soon as you have found the one that covers all your requirements and expectations, there are some other things to consider before going straight to it. Hundreds of online casinos offer Megaways™ slots in their portfolios. So before taking a decision is almost mandatory to check all the casino credentials, and no one can make it but you since it was your choice to play there. Fortunately, tons of websites rate casinos considering their Megaways slot games, RTP they offer, and the security since they have to protect customers’ valuable information. The essential thing to keep in mind is that you should only go for a safe and secure website.
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4. Increase Your Stake Immediately After a Free Spin Bonus
Many experienced gamblers could have noticed that a significant number of Megaways slots when spinning immediately after a free spin bonus, may roll the scatter symbols one more time and give them back-to-back bonus rounds. However, that might seldom occur; if Megaways gamblers answered if that happened to them, then probably many of them would answer yes, or they probably know someone who has seen that happen.
What gamblers could decide could affect their game, but it is recommended to up the stake for only a spin after the bonus round has finished. However, it could take several free spin bonus rounds; sooner players get back-to-back features, with certainty the second bonus being at a major stake. That is one of the best Megaways tips around and one that we’re sure isn’t common knowledge, so give it a try.
5. Choose Your Bet Size and Get Spinning!
Concluding, it is time to commence spinning those wonderful Megaways games. The first action to perform is to choose your bet size and to get it on your budget. It is easy to get blown off and spend more than expected. Once you are satisfied with your bet size, push the spin button or set up the auto-spins feature. As soon as all those steps are completed, it will be time to have some fun.
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Best Megaways Slot Games List
Since the beginning of the Megaways Slots in 2016 with the Sweet Bonanza online slot, a gold mine-themed in the category of video slot that had an incredible reception in the video slots industry. Bonanza has been preceded by
Who Wants to Be a Millionaire?
Extra Chilli
Genie Jackpots
As expected, the non-stop success of those Megaways Slots has resulted in many releases, which means that players can have a good time in several games supported by Megaways engines.
Furthermore, there is a great catalog of Megaways™ slots on many reliable online casino websites, where you can try them by playing for free or real money in a no-risk environment. On the other hand, you must know more about the games, and it is always a good idea to try free demo versions to get a better background about what you are dealing with.
How Does the Megaways Mechanic Work?
Once you enter the Megaways slots world and start playing, you may get some doubts about how your winnings will be defined, but actually, it is easier than you think.
Overall, the first thing to keep in mind for everyone interested in entering this world is that when Big Time Gaming has released the Megaways mechanic, its main target was to wipe out fixed pay lines. It means that in a classic video slot, you would only win when you would have a winning pair conform of three or more symbols that are together in the same straight line—usually beginning from the leftmost reel. With Megaways Slots, though, a winning combination could be made up of neighboring symbols commencing from the leftmost reel but not directly along with the other symbols.
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Calculating Megaways
Another important point of interest is understanding how the number of Megaways is obtained. At the highest capacity, which is exactly seven symbols on every one of the six reels, you would get 117,649 Megaways. That is done by multiplying all the obtained symbols: 7 × 7 × 7 × 7 × 7 × 7 = 117,649 Megaways. Nevertheless, in general, you will not get seven symbols on every one of the six reels. Therefore, knowing the number of Megaways modifies after every spin, the game must multiply the number of symbols.
Overall, to get the exact number of Megaways, we multiplied all the obtained symbols (7 × 3 × 6 × 6 × 4 × 5) and finished with a total of 15,120 Megaways, which is the number on display at the top of the game.
Keep in mind that if you are wondering when a Megaways slot has an extra horizontal reel, all you must do is add every symbol in the horizontal reel to the number of symbols in the correct vertical reel.
Megaways Features
The best Megaways slots do not only have more paylines, but also some astonishing features that will blow your mind. Some of them are:
Cascading Reels
The large majority of Megaways slots have the Cascading Reels feature. This feature sees every symbol in a winning mixing that is replaced by more symbols mechanically, and the player will not need to spin again. Indeed, what this, in other words, means is that you can have more than one victory for the same amount.
Free Spins
In addition, free spins are another relevant and popular universal, astonishing characteristic. That is essentially what is mentioned on the tin, and they are commonly activated by getting three or more Scatter symbols wherever on the grid. In many games, the Scatter symbol will be something that is related to the game. For instance, in Extra Chili Megaways, they are seen in the form of three blocks that come along to mention the word ‘HOT’ letter by letter.
Mystery Symbols
While Megaways video slots are still on their run to progress, new characteristics get to the games frequently. One of the most recent and surprising additions is the Mystery Symbol, which appears first in Blueprint Gaming’s Diamond Mine Megaways. These symbols usually have the game’s logo and fall on the grid in the same way. However, these modifications try to reveal other symbols from the paytable. Their target is to provide you with a much better and bigger win. As a matter of fact, frequently, all Mystery Symbols that get to the grid at the same time turn into the same symbol to provide you with better winning potential.
Bonus Games
A great amount of Megaways slots have extra bonus games. Those often work linked to the free spins. In Relax Gaming’s Temple Tumble Megaways, for instance, when you get free spins, you must select from three possible options, depending on whether you would rather have more free spins, better multipliers, or both of them. In Blueprint Gaming’s Safari Gold, meantime, with the Buy a Bonus option, your minimum amount of Megaways and multipliers can be decided by using a wheel.
Buy a Bonus
The biggest wins on Megaways slots can only occur during the free spins option. However, waiting for these to be activated can take some time. Gratefully, thanks to Big Time Gaming’s awesome idea, which was first introduced in White Rabbit Megaways, gamblers can buy free spins. That is frequently done by using a Bonus Buy button, with the free spins having a cost of 100x your stake.
Megaways Slots RTP
Return to Player or RTP is determined by how much of each €1 a gambler spends on the game and how much will be given back to them within the period of a million spins. That might seem impossible to achieve, but in nature, the higher a game’s RTP is, the more opportunities a gambler will have.
Related to RTP, Megaways slot games are famous for having a bigger percentage than the industry usually has; it could seem that there are higher chances to get more earnings for playing Megaways slot. But unfortunately, it seems like classics are still the gold standard.
Some Megaways slots with the biggest RTPs are not only famous but also very funny; those are games such as iSoftBet’s Aztec Gold Megaways with 96.99%, Big Time Gaming’s White Rabbit Megaways with an RTP of 97.24%, and Blueprint Gaming’s Primal Megaways with 96.76.
Megaways Slots Demos
Among the many reasons, people have to enjoy Megaways slots games for free. We could find some relevant ones, such as video slots can be totally fun even if you do not win any actual money; at least you are not losing anything. A second thing that deserves mention is that they are an excellent way to learn the ropes and realize if you want to place your own cash on the game.
Keep in mind that you are not going to receive real money for playing a demo. However, you are going to get tons of fun and some practice when you decide on playing in an actual account.
SuperSlots Casino
SuperSlots Casino is a new addition to the large offer of online casino websites. However, This casino cannot be underestimated. Despite being the new boy in the school, it can blow everyone’s mind when they discover that it holds an excellent Return to player RTP. That will have potential customers more than happy. Let us talk a little bit about SuperSlot Casino. To commence with, it holds a license from Panama, and it can show off an RNG certification, which ensures that it is a safe and reliable gambling environment.
It could be thought that SuperSlots casino only specialized in Megaways slot, but those who could think that could not be more than wrong since it also offers its customers a relevant section such as live dealer games, all provided by some of them the most important developers in the industry. Regarding SuperSlots casino games, this casino has an incredible catalog of the most important casino titles; SuperSlots casino has done its best to increase its gaming catalog. In the video slots section, the operator also provides its users with table games, live casino games, and video poker. All games on display on its site have been provided by some of the most important developers, such as Nucleus Gaming, Dragon Gaming, Concept Gaming, Mantic Games, Flip Luck, BetSoft, Quickspin, etc.
Megaways Slot Games at SuperSlots casino games are another point of interest. Despite, SuperSlots casino not having as many slots as other websites, it has a decent offer for an online casino as new as it is. For customers’ delight, SuperSlots players can have some fun by playing tons of very exciting slots such as Book of Darkness, Jekyll’s Wild Potion, Take the Bank, Gold Heist, Primal Hunt, A Time to Win, Fruit Loop, and Lucky Clovers.
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How to Choose the Best Megaways Casino
In the following section, you'll read what you have to consider when choosing the Megaways casinos and slots.
Check the Casino’s Licence
In order to enjoy Megaways slot games without regrets, it is mandatory to make sure the Megaways casino you have selected holds a reliable license from a trustworthy jurisdiction. That certifies that the casino is following a specific set of requirements and laws to protect you from scams and setbacks. Taking into account that the majority of online casinos now have a great number of Megaways slots, A mark of trustworthiness is to see on display licenses from the UK, Malta, Gibraltar, Sweden, Alderney, and Curaçao. If you cannot see those logos, you have a better look for another option.
Check the Games Providers
Another sign that you have selected a good casino is that reliable developers provide the casino with an excellent reputation. Keep also in mind that the best game providers only permit the best casino to hold their slots on their websites. That is why knowing what the providers of the casino you have selected are could help you decide on if you can rely on that casino or not.
Check the Available Payment Methods
There is no doubt that only the best Megaways casino slots offer their players an enormous variety of payment methods since you, as a player, will need to deposit your money to fund your account. If you win something, you will need to make some withdrawals. Those Megaways casino slots with methods such as e-wallets, banking cards, and even cryptocurrencies are the standard of an excellent casino. So we recommend checking if the casino you selected offers those.
Check the Terms & Conditions of the Bonus
Honestly and trustworthiness are signs of a serious business. So, it is important when selecting Megaways casino slots to know what is on the small letter. Checking terms and conditions needs to be mandatory for everyone who thinks to take this industry seriously. Knowing the wagering requirements and everything that needs to be met will enrich everyone’s gambling experience.
Which Are the Best Megaways Slots to Play?
The best slot gaming machines are those that meet your and wagering prerequisites. Since Megaways upholds a wide assortment of games, there should be many styles that suit you, and All Megaways games offer significant ongoing interaction and many possibilities of winning.
Bonanza Megaways
There is no room to doubt that it is the most popular Megaways slots, and you can play in most Megaways casino slots. Inside its offer, customers can find lucrative free spins and multiplier features.
88 Fortunes Megaways
A content classic on the Megaways casino slots is the 88 Fortunes Megaways slot which is very popular with casino players. This popular slot Chinese-themed slot is a call to luck and prosperity.
Divine Fortune Megaways
It is considered a tribute or a remake of Divine Fortune slot, a classic from NetEnt developer; the Megaways mechanic provides extra thrills to experienced players and rookies alike.
Vikings Unleashed Megaways
For those who like the Nordic culture, playing a slot with a Viking theme could be a dream come true. Vikings Unleashed Megaways utilizes the 117,649 ways to win alternative of Megaways. Another plus is that there is an extra gambling alternative with this slot, permitting you to obtain 12 free spins with a 1x multiplier.
Gorilla Gold Megaways
Although its RTP could be better, it continues to be a good option since it has a great RTP of 97%. Getting into the jungle never sounded so good. One of the reasons behind this high RTP is that It has more than one set of cascading reels, giving you an astonishing 470,596 options to win.
Hypernova Megaways
This slot will take players to space and makes them witness the explosion of a hypernova. In addition, you can get some top-notch cash awards by playing the Hypernova Megaways slot from the provider Relax Gaming.
White Rabbit Megaways
When you look like a white rabbit, you can feel that luck is coming. In the United Kingdom, belonging to a white rabbit foot is a symbol of luck as well. This Alice in Wonderland-themed game has 16,807 options to make some profit, getting reels feature to the peer by looking glass at 248,832 options to win.
Why are Megaways Slots So Popular?
Online slots come in all different varieties. For example, certain games have six reels, some feature 243 ways, and some have second-screen bonuses.
The popularity among various types of real money online slots is well dispersed. Or perhaps, I should say, it was well dispersed. Megaways slots have thundered into the gaming scene and taken over. New Megaways games are coming out regularly and proving extremely popular among gamblers. What makes these games so superior to other slots? Below, you can read about the seven biggest reasons why Megaways slot machines are on fire right now.
More Ways to Win Than Ever Before
These slots truly live up to the name by offering countless ways to win. Some of them feature up to 117,649 ways or more. The amount of winning possibilities is determined by the maximum number of symbols each reel can hold. So, for example, a slot might offer up to seven symbols in each reel.
Megaways Slots Offer a Truly Different Experience
Other styles of slots feature a static number of winning possibilities. For example, a five-reel slot with 30 pay lines will never give you more than 30 chances to win. But the Megaways engine varies the number of opportunities you have to win in each spin. One round may offer 5,040 ways, while the next could feature 41,160 possibilities. Everything depends upon how many symbols are in each given reel. Of course, you hope that all of the reels contain a large number of symbols.
Lots of Action
Megaways games already draw numerous players due to their quirky format and countless winning possibilities alone. However, these slots don’t stop here. Many offer other features, including cascading reels (a.k.a. avalanche), free spins, and random wilds. The avalanche effect is especially notable here. It removes symbols form winning combinations and gives you a chance at more prizes in the same round. When you combine cascading reels with Megaways, you can form all sorts of payouts in any given spin. Avalanche may even be used as the feature that unlocks more ways.
Many Developers Are Putting Their Stamp on Megaways
More and more slots providers are jumping into the Megaways space. And some of them are putting their unique twist on this genre. Big Time Gaming (BTG) kicked off this frenzy when they invented, patented, and released the Megaways engine. As a result, most of their slots feature the aforementioned 6×7 format and up to 117,649 ways. BTG has since been licensing this engine out to other developers. As a result, the latter has some creative control over how they use Megaways.
Red Tiger Gaming, for example, has produced a slot in Laser Fruit that offers up to 60,466,176 ways. You achieve this massive number of winning possibilities through the bonus round. Many other developers are currently paying to use Megaways as well. That said, more and more innovation should keep improving this niche.
The Pursuit of Unlocking Numerous Ways
A basic slot lets you pursue different wins and bonuses. Your ultimate goal is to win the biggest payouts and most lucrative bonuses possible. Megaways slot machines add a layer to this pursuit of the best prices. Not only are you hoping to get big wins, but you also unlock more ways in each round. You will feel disappointed if you only have 64 ways (six reels all w/ two symbols) in a 6×7 game. However, you’ll be elated when you unlock all 117,649 possible combinations.
Of course, more ways have the added benefit of giving you additional chances at winning. You’ll probably net big prizes as a result when lots of ways are active.
Play Megaways Slots for Cheap
You may think that slots with anywhere from 15,625 to 60,466,176 will be really expensive to play. After all, expensive spin costs became an issue when 720 ways slots were introduced in the mid-2010s. However, the reality is that these games don’t cost any more than the average online slot. They typically charge around $0.20 per spin. Of course, the vast majority of your winning ways are going to be losers at this rate. A developer can’t afford to offer you 117,649 ways at just $0.20 and let you win all the time.
But slot machines are about random chance, anyway. So your tiny spin cost provides the potential to rack up lots of prizes in any given round.
FAQ
Can I get a bonus with Megaways Slots?
For those new in the industry, take into account that bonus buy slots stand for online slots. You can get a premium in exchange by paying for immediate access to the most important bonus characteristic of the games. It is also known as a “feature buy,” Those normally cost between 50 to 100 times your stake, and they rarely go up to 2000x.
Do Megaways slots have a higher RTP?
Many experienced players could say that the White Rabbit Megaways slot is the one with the highest slot currently since it has been designed and built to offer a large percentage. Its RTP will undoubtedly be like all slot gamblers since it has been more than generous, having 97.24%. Another one that features a high RTP Megaways slot could be no other than Slots O’ Gold, considering that it is a slot that many experienced players have enjoyed playing; its RTP has been checking many times, and with no doubt, it is about 96.96%, so is another must-do to play in the near future. Continuing with our check of excellent RTP averages, The Queen of Riches is a must-do having an average higher than many others 96.90%. A new option like the Kingmaker slot is, do not offer only fun but a decent RTP. It seems like even new games are trying to attract players by offering great RTP averages. Its RTP has been set at 96.65%.
As you can see, many Megaways slots are committed to offering players fairly and good RTP averages, so there are no complaints to start playing and making some profit in some of those funny slots.
Do Megaways slots have progressive jackpots?
Jackpot slots are not a new name in the industry. A slot shows a fixed rate, and players spin in the expectation of winning it. Progressive jackpots are somewhat different. Instead of a fixed award, a progressive jackpot keeps climbing in revenue until a lucky player can claim a victory. Next, the jackpot must be reset to a seed rate, and the history repeats.
Progressive jackpots can increase so much since a percentage of every bet is left to increase the pot. When you think that some of the highest jackpots have thousands of gamblers from different parts of the world spinning each time of the day. It is time to consider that there is an excellent reason why the jackpots can increase themselves in such astonishing ways.
What makes these rates possible is the same that moves the world — the internet. Many casinos with land facilities cannot permit to increase such massive wins possible. Indeed, there are some exceptions if we are talking about Vegas. But, it was not until the internet-connected so big quantity of players to a jackpot network that the box was opened. Smartphones were another addition to the increment of jackpots. It is now possible to get millions on jackpots while eating at the neighborhood restaurant or waiting for the bus. Wherever a player is connected, progressive jackpots could create a new millionaire.
July 29, 2022
Posted by Content Team
Yahtzee is a popular dice game that has been around since the 1950s. It's one of the games that are easy to learn and fun to play. The goal is to score as many points as possible by rolling five dice and attempting to make different varieties. If you're curious about how to play Yahtzee, we will provide you with all the information, so let's dive into the topic!
Overview of the Gameplay
So, how do you play Yahtzee? Well, it's played with five six-sided dice and a scorecard. Each player takes turns rolling the dice and attempting to make various combinations from the numbers.
The varieties include 3-of-a-kind boxes, 4-of-a-kind boxes, small and large straight, full house, Yahzee (5-of-a-kind boxes), and chance. Each combination has a fixed value. The player with the highest total score at the end of the game wins.
Step-by-Step Instructions
Set up: Begin by placing the scorecard in the center of the table. Then, each participant takes a turn to roll the dice. The one who rolls the highest total goes first.
Roll dice: The players roll five dice. The dice can be rolled up to three times in a turn.
Score combinations: The partaker can score any combination they have rolled on their scorecard. If the player is unsuccessful in any category, they must write down a zero in the "chance" category.
Re-roll if needed: The player may re-roll any or all dice up to three times in a turn and decide which dice to keep and which to re-roll.
Yahtzee Rules
Before you start, here are some essential rules of Yahtzee to ensure you have the best experience possible.
How many dice do you need to play Yahtzee? Each player takes a turn rolling five dice.
On your first roll, roll all five dice. You can set aside any keepers during the second roll of the game and re-roll the rest. On your third and final roll, you can roll some or all dice and must write down a dice score at the end of this roll.
After each roll, you must set aside at least one die to build your score.
The scored points in various categories, such as 3-of-a-kind box, 4-of-a-kind box, full house, small straight, large straight, or Yahtzee increase the chance of winning.
You can choose the category you want to score in, but you can only earn points in one category.
The participant who scored the highest amount at the end of the game wins. Now that you know the rules of Yahtzee, it's time to play the game.
Components
Yahtzee is one of the dice games that requires five standard dice and a scorepad. The game consists of 13 rounds, each with a different scoring category.
3-of-a-kind box: These boxes require three dice with the same number. The score is the sum of all dice.
4-of-a-kind box: These boxes require a player to have four dice with the same number. The score is the sum of all dice.
Full house in Yahtzee: This category requires three dice with one number and two dice with another number. The score is 25 points.
Small straight: This category requires a player to have four consecutive numbers in any order. The score is 30 points.
Large straight: This category requires five consecutive numbers in any order. The score is 40 points.
Yahtzee: This category requires a participant to have five dice with the same number. The Yahtzee score is 50 points; if a player scores a Yahtzee game in a subsequent round, they can earn bonuses.
Chance: This category allows a player to score the sum of all dice, regardless of the combination.
Yahtzee Scoring
In Yahtzee, the scoring is counted as a combination of the upper and lower sections.
The upper section: In this section of the Yahtzee dice game, you must earn points in categories one through six. The categories are:
Ones
Twos
Threes
Fours
Fives
Sixes
Each category requires reaching the sum of the corresponding dice number. For example, if a player rolls three ones, two twos, and one five, they can achieve three points in the "ones" category and two points in the "twos" category.
The lower section: In this section, you must score in categories numbered 7 through 13. The Yahtzee boxes are:
3-of-a-kind box
4-of-a-kind box
Full house
Small straight
Large straight
Yahtzee
Chance
In these games, the score is based on the combination of numbers on the dice roll. For example, if a player rolls three fives and two threes, they can score 15 points in the "3-of-a-kind" category or 15 points in the "chance" category. A Yahtzee, which is 5-of-a-kind, scores 50 points.
The objective of dice games is to collect points in 13 rounds. The upper section scores are added together, and if you score 63 or more points in this section, you receive a 35-point bonus. The final score is the sum of the upper section, the lower section, and any extras.
Yahtzee Variations
Basic Yahtzee: This is the classic example of Yahtzee variations, which is also the most popular. In this version, players take turns rolling the dice and attempting to make different varieties. The player with the highest total score at the end of the game wins.
Yahtzee with multiple players: This variation allows multiple players to play together. Players take turns rolling the dice and scoring combinations on their scorecards. It can be a lot more competitive and fun when playing with friends.
Yahtzee with extra dice: This variation has an additional die. The participant must score a combination with all six dice before their turn ends. This version is more challenging and requires thinking more strategically.
Yahtzee Strategies
Always try to get a full house first and then go for a large straight. Depending on the situation, you can also try for a 4-of-a-kind or a Yahtzee.
Prioritize ones, twos, and threes if you need to get a full house. These are the most common numbers and most likely to appear.
Try to keep all of your dice during each turn since you want to take advantage of all chances of getting a Yahtzee.
When deciding which combination to go for, decide which would give you the most points.
If you need a specific combination, keep the die with the number you need and roll the other die to get the required combination.
If you are going for a Yahtzee, don't be afraid to take risks to get it.
Always keep track of your scores and try to maximize them.
Remember to use the scored points from bonuses if you have fulfilled the requirements of the games.
Conclusion
Yahtzee is a fun and easy game to learn.
Can you play Yahtzee with two players? It can be played with two or more players and adapted to different difficulty levels. Players take turns rolling the dice and attempting to make various varieties from the numbers moved.
The person with the highest total score at the end of the game wins. You can find resources online for more tips on winning at Yahtzee.
There is also an online Yahtzee to try out. So, whether you're playing with friends, family, or even online, Yahtzee is the game that guarantees hours of entertainment.
Yahtzee FAQ
What is Yahtzee?
Yahtzee is a popular dice game that can be played with two or more players. It's a game of luck, strategy, and skill, and the goal is to score the most points by rolling five dice and selecting different combinations.
How do you win Yahtzee?
The participant with the highest overall score at the end of the game wins. In addition, the player with the highest score in each category earns bonus points.
What are the rules of Yahtzee?
Each partaker takes turns rolling five dice and selecting different varieties of dice rolls. The person with the highest score in each category also earns bonus points in those games. After all players have taken turns, the one with the highest overall score wins. This is a simple explanation of how to play Yahtzee.
How do you score in Yahtzee?
The scores are calculated by adding the total of all the dice or selecting specific combinations (such as 3-of-a-kind, 4-of-a-kind, full house, etc.). Bonus points can also be earned by having the highest score in each category.
What are the different categories of Yahtzee?
The categories in Yahtzee include ones, twos, threes, fours, fives, sixes, 3-of-a-kind box, 4-of-a-kind box, full house, small straight, large straight, chance, and Yahtzee.
February 5, 2023
Posted by Content Team
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