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

This is about gambling and winning the jackpot, then putting your winnings back in the machine and losing the money you won. After all you can never beat the “bandit” that is a casino — they always manage to take your money.

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