The Facts and Myths About Slot Machines (Part II of II)

Last time we discussed some of the facts about slot machines and how what you do really has no bearing on the outcome. We also talked about the fact that the house always has the edge and that casinos are in the business of making money not friends. This time we are going to talk about some of the myths that surround slot machines.

Probably one of the most common myths is that a slot machine that has not hit in a long time is due to pay out. This is not true. There is no time table for the machine because over the long run it will pay out whatever it is supposed to. The only thing that determines when a slot machine will pay out is when you push the button to play.

This goes hand in hand with the idea that a slot machine that has just hit won’t hit again for a long time Again, not true. It is all having to do with random number generators, the processors that run the slot machine and determine when you are getting a win and when it will be a loss.

There is also the idea that the casinos have some sort of magic key where they can tighten or loosen a slot machine at will. Not only can they not do this for logistics reasons, but they also can’t do it because it would be against the law. They have to set their machines per their gaming control board’s desires – and they have to be checked and approved ahead of time.

Finally, and this happens to be a personal favorite of mine, if the slot machine is cold when you touch it, you should use cold coins or tokens, and vice versa. The temperature of the slot machine has nothing to do with the way it pays out – and this has to be the most absurd idea ever.

 

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