Slot Machines are among the most popular attractions at a casino, and everyone thinks they know which machine will pay off, or how to check for a win, or how to make a machine pay better. It's true there are some tricks, but mostly, the issue is just plain luck. Machines have their odds, and no matter what you do, you'll get odds that are overall within a very short range of those odds. For example, if you spend $1000 on a machine with 97% odds, you will probably end up with between $870 and $1070. There are always people who win more, and there are always people who win less, but it's all about luck.
For example, some people believe that warm coins mean that the machine is about to pay off. The machines have a lot of moving parts. Warm coins mean that the coins were near the motor, nothing more.
Many people believe that after some certain number of pulls, the machine will pay off. In fact, the machine will eventually have a good payout, but that could be in 100 spins, 1000 spins, or a million. It may have one after 50, one after another 175, and not have another payout for two weeks, and then have three grand prizes in a row.
There is a myth going around that Slot Club Cards will reduce your odds. It's not true. There are two things that a Player's Club Card does. First, it makes you less aware of how much you're spending. And it helps you get bonuses from the casino. To really "beat the casino at their own game," slots2000.com recommends that you always take a Club Card, but be sure to track exactly how many coins you would have gone through. And remember, the machine has no way of knowing whether you put in a coin or a card. The machine only knows "credit" or "no credit."
Needless to say, the opposite is also false - playing a Club Card cannot increase your odds of winning at slots, although it may increase the amount of money you end up with, by offering special deals and comps. If you're concerned about joining a slots club and getting a card because the casino tracks your play, don't worry. The information is only used to track overall statistics. They never share your information with anyone else.
Throughout Slots History there was always a myth that casinos could control the machines remotely, so that if you were winning too much, the casino could make you lose, or if you were about to walk away, they can give you just enough of a win to keep you playing. It's not true. The machines that casinos used to use were completely mechanical and couldn't be controlled remotely. The machines that are currently in use are hard-wired to a specific random number generator that maintains the odds. Slots is one game where the casinos can't interfere with the odds, even if they want to - they'd have to switch the motherboard in every machine.
The machine doesn't have cycles. If a machine just gave out three jackpots, it may give out another four, or it may not give another one for a month. So a hot machine won't necessarily stay hot, and a machine that's been cold won't necessarily go hot. If the machines have the same odds, then every machine has the same chance of winning on the next spin, even if one just paid out, and another hasn't paid a dime since last month.
You can't manipulate a reel machine unless you have telekinetic powers. And even with telekinesis, you still can't manipulate an electronic machine. Machines are designed to be tamper-proof, whether they're reel or electronic.
You might think that slot machines pay out more often at maximum coins than at minimum coins. It's half true. If you're playing several lines at a time, you're more likely to win one. On the other hand, the overall odds are the same, so you'll end up with the same amount of money in your hands. There is one caveat to this - if you play the maximum bet and you hit the jackpot, the jackpot will be much higher. For example, if you play 5 coins, the jackpot may be 20 times as high as the jackpot for 1 coin.
A myth that many people believe is that slot machines are a particularly bad gamble. Keno is much worse. Many craps bets and double-zero roulette are also worse statistically than a machine that has a good payout.
Another big myth, which may have been true once, is that pulling the slot machine's handle in a different way might increase your chances of winning. With electronic machines, there's no way for the machine to experience any difference. The wires make contact, the computer moves. It's that simple.
A myth that's almost true is that you'll win higher on higher denomination machines. It's true, because the odds will be better. And it's true that if you win, you'll win more money. A payout on a $5 bet is higher than a payout on a 10¢ bet, if the win is similar. On the other hand, the more money you run through a machine, the more the casino makes, even if they make it at a lower percentage. The biggest myth is that slot machines are a good way to make money. Slots is a fun game, and you may end up making a profit, but don't expect to be able to quit your job and be supported by your slots machine. The most important part of slots is to have fun!