Bookmark Website  | Free Registration  | The Team
The Lounge  | Champions  | The Wire |  Schedule |  Audio  |  Arcade  |  The Top Ten  |  Historical  |  Email  |  Video

Do You Believe These Four Online Slot Machine Myths?


The fact that people don't really understand how online slot machines work in terms of the Random Number Generator RNG used, has led to several myths that players believe in. Here are four of the most common.

1. Someone hit a jackpot on the machine you just left; you would have gotten that jackpot if you kept playing

The RNG in all online slot machines is calculating numbers when the machine is and is not being played, it never stops. When you press play, the RNG picks the combination at that exact given time. If you had continued playing the slot machine, it is unlikely that you would have stopped the RNG at the exact microsecond to display that exact same combination of numbers, as the person who won. Both you and the other player would have effectively had to hit play at the exact same time that's within 1/1000 of a second. The odds of this exact play at the exact same time for both players are highly unlikely. In conclusion, don't feel bad about the player who hit the jackpot after you, it was pure lady luck as they say and nothing more!

2. You can tell the odds of winning by counting the symbols on each wheel

The RNG generates a number for each spin. The number corresponds to the symbols on the Reel. There can be hundreds of Virtual stops on each reel even though you see far fewer symbols. Being able to generate millions of combinations is the reason that online slot machines can offer such large payouts, as the chances of hitting jackpots are rare. You may see 15 reels and calculate the odds as 15 x 15 x 15 1:3,375. However, what you don't see are the virtual stops, and this could be a 100 or more per reel! At 100 per reel, it would be 100 x 100 x 100, or odds of 1:1,000,000. Ever wondered how they finance those million pound payouts? Now you know!

3. Casinos Can Change Percentage Payouts

No, they can't! Online slot machines have payouts determined by the computer chip in them that determines the pay back percentage. These are preset and can't be changed. In order for a casino to change the payback, they would have to change the chip and there are rules and regulations set by online gaming regulators to prevent this. Anyway why bother, the house edge is their profit, and most casinos are more than happy with that! Check the payback before playing, and ensure you do have the best payback before you play. Only online slot machines with payouts of 95% or higher should be played.

4. Online Slot Machines That Have Not Paid Out For While - The Jackpot Is Next!

Each spin of any online slot machine is random and is unrelated to the previous spin. The length of time a slot is played without winning has no influence on its readiness to pay. Any slot can go months or years without paying its top jackpot. It maintains the programmed payoff percentage simply by paying smaller wins.

The above misconceptions are common and as you can see from knowing how the RNG works, it is lady luck that determines the huge jackpot payback as far as the player is concerned.

To read more original slot machine strategy articles visit the Slot Strategies web site:http://www.slot-strategies.com/slot-articles-sitemap.html


MORE RESOURCES:

Philadelphia Magazine (blog)

Auditor General to Review Pa. Casino Gambling
Philadelphia Magazine (blog)
The Morning Call reports that Auditor General Eugene DePasquale will review whether casino gambling is paying its way in Pennsylvania — specifically if it is bringing promised jobs and tax revenues to the state. “We're going to be curious to see how ...
Auditor General to audit Gaming Control BoardPittsburgh Business Times (blog)

all 72 news articles »


Mayors stop casino gambling at Tiyan grounds
Chron.com
Linala Sin Casino, a group that opposes casino gambling on Guam, raised concerns about gambling continuing in Tiyan after the Liberation Day carnival had closed in August. Villages have been using the Tiyan site for gambling operations as part of their ...

and more »


The Courier-Journal

Kentucky lobbying group pulls support of legalized casino gambling
Daily Racing Form
The Kentucky Equine Education Project, a racing lobbying group in Kentucky, will no longer actively support legislation that would legalize casino gambling in the state, the group announced Friday. In a statement, KEEP said the group's board adopted a ...
Horse group now opposes Kentucky casinosThe Courier-Journal
Horse industry group says it no longer supports casino gambling in KentuckyLexington Herald Leader

all 7 news articles »


cleveland.com

Gaming Association: Casino Gambling Brings Jobs, Tax Revenue
WBAL Radio
Some of the highlights of the report put out by the American Gaming Association shows that in 2013 casino gambling has brought in $1.4 billion to the state's economy, approximately 8,000 jobs have been created and about $543 million in local, state and ...
Investment in Horseshoe Casino Cleveland and other Rock Ohio ventures ...cleveland.com
Gambling revenues fall statewideToledo Blade

all 45 news articles »


Casino Gambling Lands Fam In Debt
The Spokesman Review (blog)
This father of two said he feels like he's on a sinking ship. He told Christmas for All that his wife left the family last year, after plundering their bank accounts, and plunging the family into massive debt. “She was gambling, going to all different ...

and more »


Starling speaks out on Casino Gambling Act
Royal Gazette
Political activist Jonathan Starling has called on Government to withdraw the Casino Gambling Act that was tabled on November 28. Mr Starling, who has previously voiced his disappointment that Government did not follow through on the promised ...



Mayors stop casino gambling in Tiyan
Pacific Daily News
Linala Sin Casino, a group that opposes casino gambling on Guam, raised concerns about gambling continuing in Tiyan after the Liberation Day carnival had closed in August. Villages have been using the Tiyan site for gambling operations as part of their ...

and more »


New Hampshire Voice

Expansion of casino gambling may increase public corruption: FBI
New Hampshire Voice
The growth of casino gambling industry might lead to an increase in public corruption as well as financial and organized crime, the head of the Federal Bureau of Investigation's (FBI's) Boston office said. Special Agent Vincent Lisi, whose office ...
FBI's Boston Office Warns Of Corruption In Casino IndustryWBUR

all 69 news articles »


Casino gambling revenue in Macau falls in November for the sixth consecutive ...
Macauhub
Gross revenue from gaming and gambling in Macau fell in November for the sixth consecutive month but at a lower rate lower than that recorded in September, the Gaming Inspection and Coordination Bureau (DICJ) said. According to information from the ...

and more »


NJ.com

Its worst year over, Atlantic City bids good riddance to 2014 while still ...
Fox Business
This July 23, 2014 photo shows the Showboat Casino Hotel, left, and Revel Casino Hotel, right, a few weeks before both shut down. After the worst year in the 36-year history of casino gambling in Atlantic City, which saw four of its 12 casinos close ...
Atlantic City eager to forget 2014Cherry Hill Courier Post
Atlantic City eager for new yearThe Columbian
Atlantic City eager for 2015 after its worst yearWashington Times

all 127 news articles »

Google News


Advertisement



Section Site Map - Submit News - Feedback - Comments - Advertise with Us

Copyright 2006 Luminati Inc. All rights reserved.