The following are the Dip Switch settings based off of MAME 0.180 source code.
 
Use this information at your own risk!  The information was parsed from the MAME source code and could contain errors as to the state, order or descriptions of what the switches do.  If you find an error, please let me know on the Contact Us form and I will work on correcting the issue. 
 
 
 
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Manufactured by Namco, Released in 1980
ROM Version: King & Balloon (Japan)
Print
Dip Switch:FAKE
12345678FunctionOption
 On      SpeechOff
 Off      On*
Dip Switch:IN0
12345678FunctionOption
     Off  CabinetCocktail
     On  Upright*
      On SpeechOff
      Off On*
Dip Switch:IN1
12345678FunctionOption
      OffOnCoinage1 Coin/1 Credit*
      OnOff1 Coin/2 Credits
      OffOff2 Coins/1 Credit
      OnOnFree Play
Dip Switch:IN2
12345678FunctionOption
OnOn      Bonus Life10000*
OffOn      12000
OnOff      15000
OffOff      None
  On     Lives2
  Off     3*
ROM Version: King & Balloon (US)
Print
Dip Switch:FAKE
12345678FunctionOption
 On      SpeechOff
 Off      On*
Dip Switch:IN0
12345678FunctionOption
     Off  CabinetCocktail
     On  Upright*
      On SpeechOff
      Off On*
Dip Switch:IN1
12345678FunctionOption
      OffOnCoinage1 Coin/1 Credit*
      OnOff1 Coin/2 Credits
      OffOff2 Coins/1 Credit
      OnOnFree Play
Dip Switch:IN2
12345678FunctionOption
OnOn      Bonus Life10000*
OffOn      12000
OnOff      15000
OffOff      None
  On     Lives2
  Off     3*
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