In this modern age getting rich quick is the new norm. No one wants to succeed the old-fashioned way and go about struggling for decades upon decades to reach the illusion of perfection. Along with that, what is the most common thing about our generation? It is that every member of the gen Z community has their neck angled in a particular way to be able to look at a screen no bigger than a few inches. Yes, I am talking about the gadget that no one could live without – the phone! Now, what happens when you combine the urge to get rich at a relatively abnormal pace and the easy availability of devices that follow your commands? ONLINE SLOT, which is any form of slot conducted on the internet.
How slot started is still up for debate. Many proclaim that Ancient China was the one to introduce it to the world while others say that it was the Greeks in ancient times. Even in Mesopotamia there have been traces found of six faced dice slot.
Now-a-days free credit slot has been legalized in multiple regions of many countries. The online slot sector is estimated to make over 40 billion dollars per year. And as the sector booms so will the number of people who will want to profit off of it. Hence in the digital world we live in we see such an extensive propaganda of online slot.
There are multiple types of slot; I shall now name a few:
- Online poker
- Online casinos
- Online sports betting
- Online bingo
- Online lottery
- Mobile slot
- In play slot
You may be wondering what the first form of online slot; well it was the ticketing to Liechtenstein international lottery in 1994.
Cons of online slot
Online slot may be all shiny and glossy from one point of view but it does hold a dark and sad truth to it.
- People getting addicted to online slot – as it is a much easier way for one to earn their bread and butter many lose their minds over it and hence become addicted to it. These cases grow manifold since the availability of mobile devices and internet services is extremely common.
- Researchers have declared that there is a direct proportion between the usage of online slot and mental health issues
- Since most of the monetary income earned or lost in online slot is unsupervised, electrical and encrypted, it gives way for criminal organizations to launder money.
- The authenticity of slot websites is very hard to verify. Hence many players end up losing money or getting scammed.