I wanna see you take the jackpot out the fruit machine
And put it all back in
You've got to understand that you can never beat the bandit, no

from Arctic Monkeys – The View From The Afternoon Lyrics on Rap Genius

Meaning

Most British pubs have fruit machines, (slot machines) usually called one armed bandits.

On a typical night out you’d probably have a go on the bandit, win a couple of quid then lose it again. Even if you get lucky once in a while, the odds are not in your favor.

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