Slots have existed for over 125 years. Ever wonder why machines use cherries and fruit symbols on their reels? It is because the original machines use these symbols to help conceal the fact that the slot machines were in fact gambling devices that paid real money. Of course, the cherries were just codes for actual cash prizes. Over time, slot machines have grown more and more advanced. Today virtually all machines use computer chips to allow for easy programming and online casinos offer even more entertaining slots gameplay. There are different kind movie slots, animal slots, and some other exciting types. It is purely a game of entertainment and if you are new to this then you can try some free slots at some reliable online casino but before that, you should know some facts and myths about the slots.
Slots Myths
A machine is due
Many slot players believe that a machine will eventually produce a large win. This belief is oftentimes a product of the machine that has been losing for an extended period of time. The line of thought is that since it hasn’t won yet a win must be coming soon. This is simply one variation of what is known as “gamblers’ policy.” The truth is that prior spins do not have any impact on a future result. Theoretically, a machine can stay cold indefinitely and trying to time a slot machine win is nothing more than a recipe for disaster.
A Slot Machine Is Hot
Just as a slot machine cannot be due, it is also not possible that a machine is hot. Yes, you can retroactively look back on a session and say, then the machine was producing more winning results than normal but this is only a product of math and positive variants. We have a tendency to look at the result after they happen and draw logical conclusions. This is best illustrated by the description of a slot machine is hot simply because it experienced positive variance.
Tricking the machine
Slot players have many interesting quirks. A number of players think they can trick the machine into producing a win. They do this in many ways, such as cashing out and putting money back on the machine, taking up their player’s card, or changing the interval of time between spins. While there is no harm in doing this for fun but the fact is that the machine is a computer and it is not adjusted according to any outside factors.
Slots Facts
Some casinos pay worse
One empirical truth is that some casinos pay worse than others when it comes to slots games. Generally, speaking, areas with more intense competition. For example, some reliable online casinos will pay back better than regional casinos or those in more touristy areas.
Online Casinos follow regulations
Most of the online casinos are licensed and they operate under the eyes of the laws. They typically follow rules and regulations mandated by their state and/or local governments. Online casino is issued a license by the gambling commission of the nation it is based on and the same goes for traditional casinos. It is important to play casinos that are willing to provide a fair and transparent experience that provides approximate slot payback percentages and also remember to read the reviews before you try one.
Higher Denomination, Higher Payback
Ever wonder why low limits slots are so valued by casinos? These machines are the most consistent source of profit for casinos in almost. Every case the house edge will be higher lower denomination games. For instance, imagine a $10 spend slot machine with a 10% house edge, this machine will on average earn the casino $1 per spin. Now, take a $100 spin machine with the 5% house edge. While the edges cut in half, it still earns five times more per spin for the casino getting five dollars for a spin in the profit.
You can win in slots by playing smartly however the odds of walking away a lifetime winner will mathematically decrease with each additional spin. The most important takeaway is that you should play slots for fun and not with the lone goal profit. You expect the profit when playing slots you’ll be setting yourself up for disappointment. Remember, the goal playing slots is fun and entertainment and winning money is an added bonus.
