The gambling industry attracts a growing number of fans every year. Their popularity is justified by their accessibility and variety. This kind of recreation can bring as much excitement as bungee jumping or climbing a dangerous mountain. But in order not to be disappointed, gambling should not be regarded as more than a form of entertainment.
While some gamblers put on the best jackets from their wardrobe, others opt for comfort and sit down at their computers. But regardless of their choices for thousands and even perhaps hundreds of thousands of people, gambling is a major concern. It has to do with the negative connotations that have been attached to it for years. Just as a house cannot stand without a foundation, the industry has long been made up of major myths. The main one is that it is impossible to win, let alone hit the jackpot, in a casino. Another extremely popular myth reports that all casinos are set up to defraud those who put their money into them.
The belief in many myths is valid among newcomers and those who do not understand at least the basic principles of casino slot machines. This is not the case. This article will debunk many myths associated with online gambling. Read it to the end, all your doubts dissipated and you will be able to look at gambling in terms of reality.
Hot and cold slots
This myth is a belief that there are “hot” and “cold” slots. Of course, it’s not about their temperature or excitement level, but about their winning rates. Casino-Howto reports that hot slots are machines that have had a lot of good payouts lately, and the uninitiated gamblers call them “hot slots”. It is believed that such games are sharpened under the generous returns. Accordingly, if for a certain period players have not received any payouts, then they will continue this trend. Such games, on the other hand, are referred to as “cold” games. This version has no basis in fact for its successful existence.
The winning combinations are only affected by the RNG of the slots and nothing else. This is the so-called software algorithm, which produces combinations randomly. No scheme to change the mathematical algorithms (100 spins, changing the bet size in certain situations and more) can change the course of a game session.
At the same time, it should be noted that there are indeed slots whose results can be changed through the administrative control panel. This is true for pirated games in fraudulent casinos, and at some point in time, such establishments have flooded the online market. To avoid this situation, choose only licensed casinos with original software providers.
There is no point in a decent casino deceiving its customers. Such gambling clubs always possess certificates and licenses. This proves the integrity of both the operators and the software offered. The honesty of software should be understood as the conformity of the declared characteristics of the model (RTP, dispersion, frequency of falling out) and the correct operation of the RNG. Besides, in licensed venues, the operators already have some legitimate income from the money turnover in games from the site, so there is no justifiable reason to risk their reputations.
By the way, another important parameter to pay attention to is the RTP. Many users, having lost money in a few hours, naively believe that since the slot has a 97% RTP, the game is about to change for the better. But this is not the case. The thing is that RTP is calculated by the provider on a long-distance, after hundreds of thousands of spins. By this parameter, you can also understand how much from each bet the player loses. Then he can both get it back and lose it. RTP of original slots cannot be reprogrammed during the game.
People who believe in the existence of “hot” and “cold” slots become hostages to myths and lose a lot more. For example, a slot machine with a progressive jackpot can fall into the category of hot slots. It will then have a lower RTP and high variance, which means it is characterized by rare but very big winnings. If users, after one player receives a large payout, immediately sit down to spend money mindlessly in this slot, there is a good chance that they will simply blow their money. Not to be disappointed in gambling, they need to be approached responsibly – choose a casino with a good rating, having in its library of certified games and do not believe various rumors. And remember – the algorithms built into the mechanics of the slots are responsible for their performance and payout, which remain unchanged during the game. Each time you choose a new model to bet on, pay attention to its characteristics.
New online slots pays better
Some players still believe that the new models pay much better than the old ones. They justify their opinion by saying that the older slots have fewer reels and fewer bonus features. Consequently, the chances of winning are many times less.
This is another popular belief that has nothing to do with reality. The fact is that slot payouts are determined by such a parameter as RTP. It shows the distribution of money invested by the player in each bet. One part (bigger) goes to the share of potential winnings, the other (smaller) part becomes the guaranteed profit of the operator.
Regardless of the age of the machine, players will not be able to “jump over the top”. What is meant by this is simple yet complex mathematics. If we take a slot in which the provider has laid down an RTP of 96%, it is clear to us that the operator’s profit is 4% against the player’s 96% profit. But that doesn’t mean that the player will win from every spin. It is not uncommon for a user to first win a large sum in a few spins and then not be able to wait for it in dozens of spins. And all because there is another important parameter in slot machines – volatility. It objectively shows the quality of RNG.
These two parameters are what determine the winning ability of a slot machine, whether it is new or old. With the same RTP of 96%, slots with high and low variance will give different winnings. In the first case they will be rare, but high, in the second – frequent, but small.
Slots tend to pay more at night
This myth was born in land-based casinos. Today, it is no longer possible to determine who originated it, when, or for what reason. That said, the legend was so popular with inexperienced players that it quickly gained popularity across all continents. And even with the development of the Internet, thanks to which virtually everyone has access to real information, this myth is still in place. The idea that slots payout better at night is nothing more than a myth.
The only thing that can be considered a bit of a stretch is the progressive jackpot games. It is most common for users to enter casinos to play after hours, many of whom also play at night. In this case, the size of the jackpot increases faster, as its size depends on all bets placed by users. But that’s where the proximity to this view ends.
The RNG is responsible for drawing the combinations. It is a special program that generates the results. It cannot be set up to depend on the time of day. At the very least, because no one has yet figured out how to make it work. So it is safe to say that you can win in the morning, during the day and at night.
Slots tend to pay more on weekends
This claim is as untenable as the previous ones. According to some players, the operators purposely change the payout sizes of slot machines for the period from Friday night to Sunday night. It seems to them that this is done to stimulate interest in playing for money. More frequent payouts occur – the user plays more. In reality, there is no basis for this theory either.
Any game in a licensed casino is broadcast from the provider’s server. Operators do not physically have access to them and therefore their settings. Moreover, for a reliable operator, the fairness of games is a fundamentally important issue, as regulators are careful to enforce this rule. The same applies to the games themselves. Their honesty is also monitored by the audit organizations that the providers cooperate with. This myth is most likely due to the existence of fraudulent casinos. There, the operators can change the settings as they wish. To avoid problems with losing money, avoid such establishments.
It matters whether you stop reels or not
Another interesting legend. It says that to win, you have to choose slots in which the reels can be stopped at the push of a button. That is, the player chooses when he wants to stop the drum. Good thing, these machines exist, which means that shortly, this legend will not go away from our lives. So inexperienced users live with the opinion that only in slots with the possibility of stopping the reels early have a chance to win. As you may have guessed by now, this opinion will also be easily debunked.
Once again, we are now going to talk about the RNG. Unlike humans, mathematical programs do not need time to think. The moment the spin button is pressed, the slot machine algorithm has already ‘thought’ about the combination. The spin itself is only necessary for spectacle. Early stop spinning is only necessary to speed up the process of turning the reels. That is, it is just an additional option, which is in no way able to change the course of RNG.
This is only a small part of the myths with which the industry and gambling, in particular, is associated. The most important thing you should understand is that modern games are based on mathematical and technical parameters that no one can change during the game. Choose a trustworthy playground, play thoughtfully and you will realize that slot machines are not as bad as they are written about.