Something you may think is right about slots might just be a myth. There are lots of slot games in circulation. These games also come in different kinds, so a lot of information is flying around them. Our review exists to sort out the facts from the fiction. So, we will be debunking many of these myths in this review. This way, you would know which information is accurate or otherwise. So, let’s begin — with number one, of course. Read on below.
#1 Slots Are Due for a Win After a Losing Streak
There is this gamblers’ fallacy that some slots are due for a win. To clarify — the successive win on a game does not depend on the previous ones. There may have been a toll of losses before you — however, it may still not be your turn to win.
You have to cease from having this belief. Thinking this way could cause incessant gambling behavior — thus leading to a problem. The fact is that slots depend on Random Number Generators (RNGs) and algorithms for winning decisions.
So, no one can make correct predictions of when the next win will be. But of course, the rule works only when you gamble at a reputable platform. This GameTwist casino is indeed one of such a kind.
#2 Casino Staff Can Control Slot Outcomes
Fairness has become a massive deal in gambling for both red-brick and online casinos. Gone are the days when there were loopholes to exploit for wins on slot machines. Today, all games, online and land-based, have RNGs.
With RNGs, no external factor can affect these games or influence their results. So, how do RNGs work? This algorithm creates random numbers in a split second. It then matches these numbers to symbols on the reels.
So, when the reels stop, the RNG stops on specific numbers — if they match, they form winning combinations. The randomness of the RNG ensures fairness in the result. So, the fact remains that casino staff can not control slot outcomes.
#3 Higher Denomination Slots Have Better Payouts
Many players associate Return-to-Player (RTP) percentages with payout frequency or size. Unfortunately for them, RTP is a percentage of the total winning you would get in your casino account.
There is another factor that dictates the payout size or frequency. This factor is volatility. Slot machines have different volatility properties, ending up in one of three groups. There are low, medium, and high volatility slots.
The low volatility slots pay out frequently but in small doses. However, high-volatility ones pay more enormous amounts but less often. Medium volatility slots combine both properties mentioned above.
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#4 Playing with a Player’s Card Reduces Your Chances of Winning
Another myth flying around, especially in physical casino halls, is that player cards reduce chances of winning. First of all, what are player cards? These are loyalty or reward cards red-brick casinos hand to players.
The sole purpose of these cards is to track the activities of loyal players for even more benefits. Also, slot winnings are RNG-dependent, so there is no way these cards could affect your chances. So, when next you are in a casino hall, receive and use your player card with a ‘thank you!’
#5 Timing Your Play Increases Your Chances of Winning
Another misconception about slot machines is that they pay out at certain times of the day compared to others. No, this is wrong. Time or period does not affect your chances of winning on slot machines.
In fact, casinos are taking every single precaution to prevent players from exploiting loopholes for wins. For fairness, winning depends entirely on RNGs. So, if you believe in this myth, find a different strategy to adopt.
#6 Slots That Haven’t Paid Out in a While Are Hot
There is this concept of ‘hot’ and ‘cold’ slot machines. Well, we are happy to tell you that it’s entirely a myth. Hot and cold machines do not exist.
The fallacy about cold machines paying frequently also has no basis. Not paying out in a while does not guarantee winnings. Paying out often also does not diminish your chances. RNGs decide winners!
#7 Newer Slots Have Better Odds
Saying newer slot machines offer better odds than old ones is another myth. The only truth around this discussion is that newer slots often possess higher RTPs than old ones. Your winning odds and chances are down to the slot’s RNG.
Conclusion
You should be well-rounded on the popular myths around slot machine discussions. You can now adjust your priorities and expectations to fit in line with actual slot properties. Good luck to you!