I love playing slot machines. Doesn’t mean I go to casinos all the time though. As I mentioned in my article Gaming Tip: Get Paid to Play Slot Machines, these games are not meant to pay you back. And when you do get paid back, you should take the money and run! If you don’t live anywhere near Las Vegas or any state where gambling is legal, why not play free slots online? Some people actually hate going to casinos. Here’s an advice, why don’t you just sit in the comfort of your own home, especially on winter, and relax while playing your favorite slots? Try these freebies for fun.

Freeslots

http://www.freeslots.com/

A very simple free online slots website that lets you choose between 15 major popular slots as well as 6 different types of machines (a total of 30+). You can play video poker also. You don’t have to install or download anything, just click on a machine, let it load (the better your connection, the faster it loads), and then start playing. Ok, it’s free, and you’re just playing for fun, so when you run out of credits, you can get more without actually spending a dime. Freeslots.com actually hosts a monthly sweepstakes so if you want to join, you can just register by filling up an entry form.

Slotsmamma

http://www.slotsmamma.com/

Slotsmamma.com is straight up a really cool free online slots website. You start with 150 credits. The default game is American 3-reel slots. You can choose from a variety on the left menu of the home page. Be warned: all the free slots on their list have the same sound effects, so it can get a little tiring or annoying in the long run.

Freefunslots

http://www.freefunslots.com/

You can only play 5 free online slot games at Freefunslots.com. However, if you want to access all their games (100 and counting), their subscription costs anything from $2.95 to $99.95. As a member you can chat with other players and you can play without any advertising banners distracting you.

If you’re playing for free slots games at Freefunslots.com you can win a membership in their weekly sweepstakes. All their games are original — the free ones include Black jack, Gold Rush, Love You, Summertime, and Presidents of the United States (this reminds me of old-fashioned quarter machines called Mt. Cashmore or Stars and Stripes). Depending on which machine you’re playing, you’ll start off with 200 or 1000 credits.

Freeslots247

http://www.freeslots247.com/

You can play free online slots at Freeslots247.com only if you know which links to click on their website. Some of those links are free flash games, others require you to download the game. Some games won’t load at all. The slots games come with descriptions and you’ll know the software you’re using. I’m pretty leery of installations from these software game manufacturers. I have been victimized by virus before (who else hasn’t been?), so I’ll just stick with the flash games. It seems to me it only takes playing 5 spins of any Java slots before you get this message: Visit InterCasino now and claim your 100% Match Bonus of up to $100! You can click yes or no. If you click no, you will get: Are you sure you do not want to claim your 100% Match Bonus from InterCasino? If you click no again, it will say: Thank you for playing video slots at InterCasino. Play Again.

Basically at Freeslots247.com, you have to explore the site before you get the hang of which games are free and which are not.

Slotsdoc

http://slotsdoc.com/free-slots.htm

There are a lot of slots games at Slotsdoc.com, but not all of them are free. The free online slots are located on the right side menu. They have a lot of information about the game such as history, casino reviews, tips, and strategies. You can also rate the games. If you want to play the games listed on their homepage, you will be redirected to the affiliate casino links which will ask you to download and install their software. Let me remind you that whatever you download from the Internet comes with a price, so be wary. Others will let you play instantly via flash version, but you have to sign up for an account first. If you’re not very patient, you can skip this option but by doing this you will be able to try new games. For example, Englishharbour.com lets you in like you’re playing in a real casino (with matching sound effects) but it loads pretty slow. Worse, if you get real “unlucky”, you’ll never even get to play the games at all!

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As Albert Ling said above, this is a common practice. When the progressive jackpot reaches a certain amount, playing the slot machine becomes profitable.

There are people in Vegas who make a living scouting out progressive slots, and calculating the return based on the size of the progressive payout. When it gets high enough, they’ll send a bunch of people in to occupy every machine in the pit and play until someone hits the jackpot. Hiring people doesn’t just save your own labor, but it removes risk – if you sit and play by yourself, there’s a good chance that someone else playing the same progressive jackpot will hit it before you do, and all your hard work and money is down the drain.

Likewise, there have been syndicates that play progressive lotto games when the jackpot gets high enough. There was a famous case of an Australian group who waited for a lottery to reach a jackpot that guaranteed a positive expectation, then sent teams of people into the to purchase up every possible ticket combination. In the case of the lottery, you need the jackpot to get so huge that the expectation is very high, to account for the risk of having to share the jackpot with someone else who picked the same number.

In the case of the Australians, logistical prevented them from buying a ticket with every combination, and as I recall they only has something like 70% of the numbers. So their risk was pretty high. But they did win the jackpot, so their profit was even higher.

Anyway, progressive slot scouting is a valid, profitable way to make from the casino, but it’s a lot of effort and there’s significant risk. Other potentially profitable casino games include certain kinds of video poker, blackjack, poker, and sports betting if you really know what you’re doing. There are also pros who scout casino games looking for new games where the math was done incorrectly and the player has a positive expectation. Professional gambling is alive and well.

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The Occupy Wall Street movement that started in Manhattan’s Zuccotti Park on September 17 has, since last weekend, spread like wildfire into more than 1,500 cities around the world. Given the dangerous and unsustainable forms of “crony” and “casino” capitalism that now predominate in the Western world, this is hardly surprising.

Investor and author Barry Ritholtz who blogs at The Picture put it well:

[Occupy] was born in the late 1990s on an unholy trinity of record-keeping swindles, the dotcom collapse and analyst scandals. It grew on a housing boom-and-bust that created five million (and counting) foreclosures, leaving more than a quarter of bank-financed homes worth less than their mortgages. It matured on a growing wealth disparity that eviscerated the middle class and brought back the plutocracy of the 1920s. It reached its peak with the bailout of reckless bankers, who were rewarded for their irresponsibility with what may be the greatest wealth transfer in human history.”

In an article headlined ‘Wall Street’s long occupation of the middle class’ Reuters columnist David Rohde explained it as follows:

“A variety of forces are slowly gutting the middle class – and a paucity of values on Wall Street is one of them. The is not every bank. It is a growing slice of the financial sector that has become a vast, computerized casino where staggering fortunes can be won or lost in minutes, with taxpayers left holding the bag.”

If, when they rescued bankrupt institutions from the consequences of their own folly in 2007-09, governments had insisted on some sort of conditionality, (for example, they had insisted that “too to fail” institutions were broken up, that bonuses be capped and that banks started behaving in vaguely responsible ways), this need not have happened.

But politicians like George Bush and Gordon Brown were either too stupid, or had too many friends in Wall Street and the City to even this sort of thing. So their governments handed the banks billions of dollars with no strings attached, and a critical opportunity for reform was lost.

As bankers were rewarded for failures and given license to return to mindless and destructive gambling and speculation — not always with great success, it has to be said — the citizens of developed countries have been been further impoverished. A mixture of high unemployment, flat wages, high inflation, austerity measures piled on austerity measures (including higher taxes and less generous services and benefits) have drastically reduced people’s standard of living.

And as numerous commentators, including Pimco’s Bill Gross, have pointed out, the evisceration of the middle class and working class at the expense of corporate profitability has been a long-term trend, but is one that be to continue. Meanwhile, the cack-handed way in which banker-led EU leaders have handled the European sovereign debt crisis (with the needs of gambling banks always being put above those of voters) has only increased Occupy’s legitimacy.

Some banks that benefited from taxpayer-funded rescues have behaved appallingly. British banks including RBS and Lloyds Banking Group have inter alia continued to expropriate the assets of loyal corporate customers with alacrity, at the same time as cheating their retail customers out of billions through the swindle of payment protection insurance. All the while they have been hoarding and, even at loss-making institutions, directors and other high-flyers have continued to reward themselves with lavish bonuses, even as they turn the screw on loyal customers who have never missed a payment. And whenever a politician has the temerity to recommend even a minor reform, the banks issue bloodcurdling threats.

Yet if the government continue to feed these bloated cuckoos in the economic nest, we are doomed. As pointed out in earlier blog posts and as Andrew Smithers, founder and chairman of Smithers & Co, pointed out in his QFINANCE Viewpoint, all the government has to do to get us out of this mess is:

1. Stop taking advice from bankers/stop allowing them positions of influence in Whitehall
2. Remove the estimated £100bn a year in subsidies handed out to banks
3. Introduce proper competition into the banking sector

But, either because they are corrupted or thick, the politicians seem willing to heed Smithers’s advice. It is therefore hardly surprising that the Occupy movement, which uses the hashtag #ows on Twitter, has caught on to the extent it has. And if there is one sign that sums up the problems that Occupy — whose commitment to non-violence is one of the secrets of its success — believes must be overcome, it is this.
To conclude, the author Naomi Klein summarised why Occupy is so different from the anti-globalisation movement of the late 1990s and, in her view, so much more likely to succeed. Writing on her blog on October 6, Klein said:

“Today everyone can see the system is deeply unjust and careening out of control. Unfettered greed has trashed the global economy. And it is trashing the natural world as well … And the atmosphere can’t absorb the amount of carbon we are putting into it, creating hazardous warming. The new normal is serial disasters: economic and ecological. These are the facts on the ground. They are so blatant, so obvious, that it is a lot easier to connect with the public than it was in 1999, and to build the movement quickly.”

This blog was originally posted on QFinance

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