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Slot Untruth #1 - A slot machine will not payout two jackpots within a close amount of time.
If this were the case, then that would mean the machine was programmed to do so, going against the operations of a Random Number Generator. RNG's regulate how often an online slot game pays out in the long run. However, not even the RNG itself, knows when those payouts are going to come. The winning numbers randomly fall into place, which after meeting their quota will cease doing so. That means it is possible for the same slot machine to payout two large jackpots on consecutive spins. Slot Untruth #2 - The longer a machine has not paid out, the sooner it will. Although a large progressive jackpot reflects a tendency to bust soon, just because a slot game has not produced a big winner for a while, does not mean the chances for a big win will be greater while you are playing. The game will inevitably have to payout sooner or later; However, there is no way of predicting when that payout will come, for several reasons. One, there is no way of telling if a slot has not paid out for a while (unless you have been playing non-stop for several days, which is unfeasible). And two, there are so many players gambling at the same game at once, there is no way of telling when the RNG is disbursing winners. Slot Untruth #3 - Online casinos can change the rate at which a slot machine game awards jackpots. This is not true, because the RNG is in complete control of creating winning spins. The game is going to payout a percentage according to the predetermined payout percentage the online casinos must meet in order to keep gamblers playing their machines. If the machines were tampered to payout less than it should at any given time, the payout percentage would reflect a lower amount. It does not make sense for online casinos to partake in this practice. Slot Untruth #4 - Changing the speed of bet placing will improve ones chances at winning. This is very untrue, for slots are a game of pure chance and luck. When the RNG is going to hit a winner cannot be predicted. Changing the rate at which one makes bets may even keep one from winning - just as likely as it may produce a winner. There is no way to tell win a win will come. The best thing to do is play at a slow and steady pace. Slot Untruth #5 - Online slots give terrible odds. Actually, slots give better odds than many other other standard casino gambling games. They are a game of pure chance, but still produce very competitive odds in the final picture. Slot Untruth #6 - Online casinos increase payout percentages during special slot tournaments. In order to do so, the casino would have to disengage the Random Number Generator, which would not go undetected. Besides, why would an online casino want to payout more than it needs to? Slot Untruth # 7 - Each slot symbol has as equal chance of being hit. If this were the case, then the payout table would be pretty useless. The reason all slots pay out different amounts for different combinations is because the chances of those combinations being hit vary. Likewise, in order for the combinations to come up with different odds, each different symbol must have its own odds of coming up. Slot machines weren't tremendously popular until some changes in the 1970's. Most casino players didn't take slot machines seriously or think that they were more than a non-serious gambling activity for women only. It was hard to take slot machine gambling seriously because the machines had mechanical limitations which interfered with their popularity.
Each reel on a mechanical slot machine had a maximum of 25 symbols on it, so the jackpots for these slot machines were pretty limited. The odds of hitting a jackpot on a machine with 25 symbols per reel were 1/25 X 1/25 X 1/25, or 1 in 15,625. Casinos always have to generate a profit, because they are businesses, so they can never pay out a jackpot at its true odds on a slot machine, so the jackpots were naturally limited by the size of these mechanical slot machines. Most machines at this time were nickel machines, so the biggest jackpot that could be won were about $700 or so. What Happened to Slot Machines in the 1970's A pinball manufacturer named Bally invented a machine that was a hybrid electronic and mechanical machine. The betting and reel turning functions became, to a very small extent, computerized, although the jackpots were still limited by the size of the mechanical reels. Pulling the lever caused an electronic spinning of the reels though; it was no longer a strictly mechanical act. You could just as easily have been pushing a button to set the reels spinning. The other major change they made was a really big one. They made bigger machines with larger hoppers. The hoppers are the receptacles in the slot machines that hold the coins, and bigger hoppers meant you could have bigger denomination bets and correspondingly bigger jackpots. Dollar machines became possible, and slot machines were starting to get taken more seriously. The 1980's and Random Number Generators (RNG's) Slot machines today are powered by a miniature computer. This minicomputer is called a random number generator, and it has removed the mechanical limitations involved in setting the odds for the slot machines. Since it's a computer, it can be programmed to have virtual reels that are much larger than an actual reel could be, and the odds and payback percentages for each machine can be customized to the casino's specs. Numbers are assigned to each combination of virtual reels, and the minicomputer cycles through those numbers constantly. When you pull a lever on a slot machine now, or push the spin button, which is more popular than ever now, the computer stops generating numbers and presents the combination that corresponds to the number it generated when you hit the button or pulled the lever. Realistically speaking, the reels don't even have to spin. That's just a show for entertainment value, because the spinning reels have no actual effect on your outcome. The End Results - Bigger Jackpots and Serious Action Now a slot machine can offer huge jackpots, because the computer can be set to have the odds of hitting that jackpot be anything the programmer wants it to be. And slot machines now can be seen at $5, $10, even $25 a pull. And of course, the higher the denomination of the machine, the better payback percentage it's programmed to have - the casinos want the high rollers to keep playing, so they program the big machines to pay out big percentages. (But the house definitely still have the advantage.) |