|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
Future of casino gambling in SE Mass. the topic at Gaming Commission meeting ... - The Patriot Ledger
More states find bets on casino gambling aren't paying off as hoped - Crain's Cleveland Business (blog)
Casino Entertainment Basics
Casinos have recently been popular as locations for movies like "Oceans 11", however slot machines and roulette tables have been identified with them since long. Besides all other things casinos are excellent one-stop locations for a variety of entertainment options.
Roulette System: 4 Most Important Factors To Beat Roulette at Online/Offline Casino
In this article, you are going to learn aboutthe most important factors to beat the roulette and the entire casino including most of its games.Very few people get rich gambling but you can win and I will show you how!For over 60 years, casino style gambling has been legal in the state of Nevada, USA.
Roulette System: Chaos Theory
This article is going to discuss how Chaos Theory applies to Roulette."Looking at roulette chaos is like looking at a raging white-water river filled with wildly tossing waves and unpredictably swirling eddies.
It's been advertised globally and has been poised to be the 'biggest online casino event' that the industry has seen yet and it's even been compared to the Olympics, but does the International Casino Games have what it takes. Lil' Dice takes a look at the online casino industry's latest trend towards multi-player tournaments and unimaginable prize pools that are believed to be the biggest in the industry.
Dos and Donts of a Successful Soccer-punter
Bet only what you can afford. Define a bankroll at the beginning of the year or season and stick to it.
Virtual Casino Gambling
You might be wondering how virtual casino gambling started and how or why this virtual gambling phenomenon has grown so rapidly.Take a quick look into history of gambling and you'll discover why virtual casino gambling was the next logical step and why virtual casino games are set to become even more popular than they already are.
Earn Money Playing Slots...or not
Yay, what a life would that be - sitting behind the fancy slot machine, hitting buttons, sipping Bud Light and constantly cashing out big bucks, or coins. Sure, we know that casinos (even online casinos, yes) take their "edge" and earn hideous profits, but we don't think about it when we step into a local casino or log on to our favourite online casino.
The Secret of Grinding Out a Profit
Learn to Play Poker Online in Order to Make Money - Pot Odds
For most people, there are only two real reasons to play poker: fun and profit, which are sometimes interrelated (more profit means more fun).But in order to make money by playing poker online, you should always be gathering information about your opponents and, why not, about yourself.
Craps 101: What You Need to Know About
Alternatively called as Hazard, Craps has been here since centuries. Now the game has been brought to the visitor's PC.
Las Vegas Gambling Basics
The gambling scene, not only of North America but also of the entire world has one illuminated name that cannot be left out. Las Vegas - the city of paradise for gamblers.
The History Of Blackjack
The origin of Blackjack is somewhat unclear. Some people believe that Blackjack originated in French casinos in the early 1700s where it was known as "vingt-et-un" ("20 and 1").
Pai Gow Poker Basics
Using the standard poker hand ranking methods (see below), the players must organize their cards so that the five card hand is of higher value than the two card hand. If both hands beat the banker's two hands, the player wins.
Theres More to Poker than Texas Holdem!
Texas holdem is taking over the world, but believe it or not there are many other poker games you can play. Most of them fall into one of three categories:- Stud Games (for example 7 card stud)- Draw Games (for example 5 card draw)- Shared Hand Games (for example Texas Holdem)There are also some other obscure games that don't fit into these categories, some of the more popular of which are high/low pig, bid poker and guts.
Of the card games that have been played since 900 AD, black jack has come into existence only in the 18th century. Alternatively named as 21, the game is a new one and requires a particular skill at the table.
How to Master Low Limit Texas Holdem, Part 2 - The Online Poker Game
I continue my articles about learning to master online poker at low limit stakes. In the last article I wrote about the chance of winning in a casino.
Addictions To Gambling on The Rise!
Over the past five years addictions to gambling have grown at an accelerated rate. Not only adults, but teenagers are gambling with out realizing the consequences.
Baseball is Back!
What are your goals for this season?In another week the boys of summer will be back in action for another season of Major League Baseball. During the start of each sports season I like to evaluate how things went the previous season, and set my goals for the upcoming season.
Offshore sportsbooks are also the result of many regulations the US government has imposed on gambling. Offshore sportsbook betting still have great opportunities.
Football Handicapping List
This will not be a long ad to buy our picks, but it will be a reminder to have all your ducks lined up so you, not us, are ready for the season. On our site we have several articles that cover most of the checklist below.
Section Site Map - Submit News - Feedback - Comments - Advertise with Us
Copyright © 2006 Luminati Inc. All rights reserved.