No other game in the casino has benefited so much from growing technology than slot machines. Once they were placed on casino floors to entertain wives of table players. Today, the slot machine has emerged as a beautiful princess. It is an invaluable addition.
Decades ago, slot machine winnings contributed only 30% of a casino’s total profits. Now these machines account for 70% of the turnover. The new trends, innovative bonuses and new mechanisms have led to a true revolution. These trends have contributed a lot to the growth of the iGaming industry as a whole.
Debunking 10 common slot machine myths & misconceptions
Players are able to play on hundreds of games without having to have any information while having a chance to win a life-changing progressive jackpot. This one transforms a poor slob into a bully. The fact that playing slot machines requires no knowledge means that many players are unaware of how the game of chance works.
Many players explain losses and wins with false logic, and like any “gossip,” it gets passed from one player to another until it becomes fact. Many of these myths & misconceptions are not harmful, but it can cause more frustration during your visit to the casino.
In this article we are going to talk about common slot machine myths and various misconceptions. In this way, your doubts will be removed and lies will be turned into truth.
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Myth 1: Slot machines pay more if a gambler uses a club card
It is completely false that the final outcome is determined by whether you use a casino club card or not. The odds of winning are the same with or without this card (in Holland Casino the Favorites Card) while playing.
If you don’t use the card, you limit yourself in collecting points that you can later redeem for discounts, valuable play money and more. Slot machines give you extra privileges with a loyalty card. The payouts, on the other hand, remain the same. You thus receive exclusive bonuses that you normally wouldn’t get like this. Do you want to turn a blind eye to it just this once?
Myth 2: You can know the odds by counting the symbols
Frankly, you can’t. The Random Number Generator is a unique number for each spin. Even if you see a few symbols, there are hundreds of possibilities and a virtual stop on each wheel.
As an example, if you see 10 symbols on one wheel of a 3-reel slot machine, that means you have a total of 1000 combinations. Here’s how you calculate this: 10x10x10=1000 combinations.
The reality is different. The computer chip in the slot machine is programmed in a way that it is stopped 256 times per wheel. So are you going to calculate the odds again? 256x256x256=16.777.216 combinaties.
There is a reason why you can win such high potential payouts, but keep in mind that the high paying combinations fall a lot less often.
Myth 3: Online casinos can influence the odds of winning
In reality, there is a computer chip in the slot machine that determines what the payout percentage is. The casino must replace the chip to change the payouts. In most gambling jurisdictions, casinos have to fill out a huge amount of paperwork with the gaming authority as to whether the chip can be replaced or not. The chips are expensive and take time to install.
Myth 4: A slot machine that has just given a jackpot doesn’t pay out for a long time
The probability of winning a prize on a slot machine for each spin is not tied to the previous spin. Each spin is random and the final outcome can never be predicted. It is possible for a slot machine to give another jackpot the moment one has just been paid out. But for that, you have to be extremely lucky.
Myth 5: There’s nothing you can do to increase your odds on slot machines
In fact, there are a number of ways you can improve your chances of winning money on slot machines. It may be some contradiction to what we said earlier in this article about the random nature of slot machines. While it is true that you cannot determine the final outcome, there are things you can do to make the odds better.
First of all, not all slot machines bid out in the same way. Payout percentages can come as low as 80% to as high as 99%. You have better odds by playing on a slot machine with a higher payout percentage.
In the short term it doesn’t matter very much, but if we are going to think in long term terms, it is recommended to always play slot machines with better odds of winning. That way you’re also thinking about your wallet.
Myth 6: Pulling the handle gives better odds than pushing the button
We want to emphasize again that the final results of a slot machine are entirely based on the numbers generated by a Random Number Generator. The chances of winning are the same every time. The RNG determines the final outcome and cannot be influenced by the way you spin the reels.
Myth 7: Slot machines that have high payout ratios are hidden in the dark
Casinos do nothing to hide the highest paying slot machines from players. It is an illogical myth that casinos decide which slot machine they want to have on a particular spot of the casino floor.
Myth 8: The temperature of the coins can determine the difference in wins and losses
Most of the players don’t use coins on slot machines anymore. And even if they did, do you think warming up coins is going to help you improve winnings compared to a cold coin? The slot machine is not affected by temperature – and it doesn’t matter whether you play with hot, cold, new or with old coins. It is a mechanism that has no feeling.
Myth 9: Slot machines determine less money during less busy times
The payout of slot machines is the same no matter what part of the day you go to play. This is another slot machine myth that makes no sense at all. Even when the casino operator could change the payout percentages.
Why should they during the busy or less busy times; it doesn’t matter at all. Your odds of winning remain the same, whether there are 100 players on the casino floors taking a gamble or you are alone in the casino.
Myth 10: Slot machines have “hot streaks” and “cold streaks”.
The online casino operator programs the slot machines in a way that each spin is individual and random. The slot machine may have a hot streak, and you may get paid more for a specific time. It is also possible to win nothing at some times.
But the slot machines are not programmed in this way to give hot or cold streak. Each spin is purely random, and a streak is a short term shot. Anything can happen in this short period of time. Focus on the game and don’t worry about hot or cold streaks.
On our website you will find a legion of exciting slot machines. At an online casino, as a new player you will receive a free spins bonus (including welcome bonus with extra money) to use on any of the slot machines in the range. Play classics to video slots with advanced bonus features like Scatters, Nudges, Multipliers, Wilds & Free Spins. And if that wasn’t enough, many slot machines today also have the Megaways system. It just doesn’t stop there. Enjoy!