| 10 Slot Machine
Myths
Myth #1 - Slot Machines
are the worst gamble at a casino
There are plenty worse gambles in the
casino. Take a stroll down to the keno
lounge or wheel of fortune, make some
of the proposition bets at craps, make
idiot plays at blackjack, bet a parlay
at the sports book. An average loose
machine pays better than roulette. Next
time a friend tells you how bad your
odds are at the slots, hear a little
more about what they play and bets they
make. You may be getting the better
end of the bargain.
Myth #2 - Pulling
the handle a certain way will make you
a winner
Whether or not you pull the handle slowly,
quickly, gently, or roughly will not
alter your probability of winning. Pushing
the "spin reel" button as
opposed to pulling the handle won't
change your luck either. You either
win or lose depending upon how the luck
goes and the little twirls and shuffles
you might do to get the winner going
won't make a difference, not mathematically,
not in reality.
Myth #3 - Slot machine
managers know when certain machines
are 'due'
If a slots manager knew a machine was
about to spit out the sweet land of
milk and honey, believe me, you wouldn't
be the one playing the machine. You'd
be watching his or her mother, spouse,
or other family member out at that machine.
Myth #4 - A machine
that just 'hit' won't 'hit' again anytime
soon
I'm sure you've found yourself saying
as I have at times - "That machine
just hit. I'd better find another machine,
because this one isn't going to pay
again anytime soon." Although the
laws of probability dictate that the
longer a machine is played, the closer
it gets to paying off a jackpot, it
is equally likely that a jackpot could
hit at any time, including the next
spin.
Myth #5 - Warm Coins
are a sign that the machine is due to
pay off soon
Many players believe this to be true,
the truth is, it only means that the
lights inside the machine have thrown
a little heat on the coins and warmed
them up. It means nothing more than
this.
Myth #6 - After putting
a lot of money into a machine it just
has to pay off!
Not necessarily so. Payoffs are not
calculated in that manner; they are
calculated on a percentage pay out over
an indefinite period of time. This means
that over time a slot machine will payback
whatever percentage it has been set
- it has no idea how long you have been
playing, and what's more it doesn't
care!
Myth #7 - A machine
that hasn't paid recently is due to
'hit'
Not necessarily so either. It cost my
pocket quite a bit to learn this the
hard way - on a dollar machine with
the overflow bucket overflowing. This
is a sure sign that the machine has
not hit in quite some time but it doesn't
mean that it's due to hit. I was sadder
but wiser.
Myth #8 - That maintenance
man just rigged my machine so I wouldn't
win!
Maintenance employees are only there
to do their job which is to make sure
that the machines are operating properly.
The payout schedules are preset at the
factory into the machines random number
generators.
Myth #9 - You can
"prime" a machine before beginning
serious play
This practise will get you exactly nothing.
Machines don't know they are being "primed"
and will treat the priming coins the
same as any other coins played. This
popular myth is just that.
Myth #10 - Casinos
can loosen or tighten the slots with
the flip of a switch
The slot machines have a computer chip
in them that determines the pay back
percentage. These are preset at the
factory. In order for a casino to change
the pay back, they would have to change
the chip. In most jurisdictions there
is paper work that has to be filled
and submitted to the Casino Control
Commission for each machine if the chip
is changed. It is time consuming and
the chips are very expensive. For this
reason, it is more economical to decide
on the pay back percentages before purchasing
the machines and having the factory
ship them with the proper chip. |