Slots myths debunked
There are a lot of common misconceptions about slots that the World Gambling List is going to debunk.
It’s becoming easier and easier to stay safe when gambling with transparency, and legitimate testing programs are almost a must-have if you are a casino operator – either land-based or online.
But there are still plenty of falsehoods flying around about slots. Here are some of the common ones we hear:
Myth: Slot machines pay out in time cycles
Truth: Slot machines are not programmed to pay out after a certain amount of time. Think about it; if this was the case then cheats would be able to crack the system and the casino would lose out. Not only financially, but in terms of reputation. What members would trust a casino that is open to cheating? All slot results are generated by an RNG and these can not be affected by outside factors. Therefore, the slot is not able to pay on a regular time cycle, which is good news for players.
Myth: Only play a slot machine that hasn’t paid out this month
Truth: A machine that has not paid out for some time is no more likely to pay out than a slot that has just awarded a jackpot. Modern casinos slot results are computer generated. The results are randomly generated using an RNG, and although payout percentages are shown on machines, the number is the average for the year and so this needs to be remembered.
Myth: Slot machines pay out in money cycles
Truth: Casinos are not reliant on physical coins in their slots and the results are randomly generated using an RNG. Therefore, they do not pay out when a certain amount of bets have been placed. Casinos have no control over the symbols that are hit on a slot. Any interference possible by a casino would be possible by a player also which would mean bad business for the casino.
Myth: You don’t need to concentrate
Truth: Although the betting process seems simple, slots do require concentration. There are different types and each has its own rules. Switch to a type you’ve not played before without realising and you could be in trouble. Also, although the software automatically pays out, it can not monitor your spending for you. Playing like a “zombie” will inevitably result in overspending; so keep the distractions to a minimum.
Myth: Slot strategies can beat the house
Truth: Slots are different to card and table games and require little strategic skill. Patterns and prediction do not work against an RNG, and so the only way you can improve your edge is to manage your time and your money. Make sure you only play with what you can afford and whilst you can give full concentration. When you reach the limits you set yourself, stop playing.