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Slots Myths Debunked
Many
myths around slots machines have sprung up
over the years. What follows is a
compilation of some of the most common slots
myths and their explanation.
Warm tokens mean the machine is about to pay
off: False. This myth is based on the theory
that, since the coins have been in the
machine long enough to get warm, it must be
"ready" to pay off. There are half a dozen
explanations for the tokens being warm, none
of which have anything to do with the
machine being "primed" to pay off. You leave
a cold machine, the next player wins your
jackpot: False. The slots machine's program
decides where the reels will stop at the
instant the player pulls the handle or
presses the play button. Only if you were
going to press the button at the exact
millisecond that the winning player did
would you be in line for his jackpot.
Using a Player's Club Card decreases the
potential payoff: False. When you insert
your player's card in the slots, the
player's club computer is notified that you
are playing at a certain machine. Your
amount of play, wins, and losses is also
recorded as long as your card in in the
reader. This entire operation is totally
separate from any other function of the
slots machine. It has no affect on payouts
whatsoever.
Casinos control the payout and can switch
the machines on and off (to pay) at will:
False. There are no switches in a central
office, and no dip switches in the machine.
The payouts are set at the factory and can
only be changed by swapping motherboards.
This cannot be done without the approval of
the state gaming board.
Slots pay more if the player plays off the
credit meter rather than inserting the
tokens by hand: False. The reverse, that
playing off the credit meter is more
profitable, is also false. The program
running the slots machine has no idea how
the credits arrived, and it doesn't care.
The method of betting has nothing to do with
where the reels stop.
A hot machine will stay hot: False. Some
players subscribe to the pay cycle/take
cycle theory. If true this theory holds that
a hot machine will stay hot, for a time.
That time might be one more pull or a
hundred more pulls. Certainly not enough to
bank on.
A cold machine is due to get hot: True. But
when it gets hot is an open question. A
machine could be cold for five thousand
pulls. After the first thousand, you could
say that is due to get hot, and that is
true, but maybe not for another four
thousand pulls, long after you are out of
money.
It is easier to manipulate an electronic
machine with a video screen than a reel
machine: False. They are both governed by a
computer program that is set up at the
factory, the whole process being inspected
by the state gaming authority. The program
running a video screen is no more
susceptible to manipulation that one running
a reel machine.
Casinos reward or punish players by
observing them and hitting a jackpot button:
False. There are no "jackpot buttons" or dip
switches that can change the payout
characteristics of a slots machine on the
fly.
Slots machines pay off more often at maximum
coin than minimum coin: False. The amount
bet has nothing to do with where the reels
stop. However, jackpots get progressively
higher as more coins are bet. It is true
that slots pay off more at maximum coin, but
not more often.
Each machine has a sequence of outcomes that
can be determined if the player is patient
enough: False. Each outcome (pull) is a
random event. The sequence of outcomes is as
random as mathematics and computer
programming can make them.
Slots machines are the worst gamble in the
house: False. Many slots return up to 97% to
the player. A miniscule 3% advantage to the
casino. Keno, the Big Wheel, many bets on
the craps table are not as good as that.
Pulling the handle in a certain way will
bring better results: False. The slots
machine program does not care how the handle
is pulled.
A machine that has just paid shouldn't be
played: False. Every pull is a random event.
Over time a machine with a 92% payback will
pay back 92% regardless of when, in it's
life, you begin to play.
Players win more on dollar machines: True.
For two reasons, one the payback percentages
are usually higher (97%+) on dollar
machines, and the absolute amounts of the
wagers being placed are also higher.
Conversely, players lose more on dollar
machines because the amounts bet are higher. |