Slot machines are often
advertised as paying out a certain percentage. This is one
of the most misunderstood slot machine facts and is fairly easy
to change that.
For example if a slot machine advertisement says
'Payout Percentage 96%', this means that over
time the slot machine will payout 96% of all the money played through
it. There is no set time frame for this to happen but in general this means over many millions of spins. The payout percentage on a machine never changes - even after a big win.
It does not mean that if you put $100 in you get
$96 out. You could get less or much more depending
on your luck. Just remember that the stated payout percentage
really means the percentage of the total wagered by all players
over time. It will more than likely be no where near the results that you will experience in a playing session. This is a good thing as it would hardly be any fun if you were guaranteed to lose every time.
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There are many myths relating to slot machines,
from warming up coins to avoiding machines that
have just paid out. The most important point to always remember is that there is absolutely nothing that you can do as a player to effect the outcome of the spins.
One of the biggest myths is that a slot machine
won't pay out for a while after a big jackpot, this
is completely false. Remember that every spin is random and
even though it is unlikely, it does happen. Surprisingly
more often than you would think. Each spin has EXACTLY the same chance of winning as the spin before of the spin after.
If you have ever left a slot machine and someone
came along and won straight away you will like this
next one. The chances of you hitting the same combination
would have been highly unlikely because you would of had to hit the
button at exactly the same moment, down to the millisecond.
So now if this happens to you at least you know
that you may not have won even if you stayed playing
that same slot machine all day. Sometimes your luck just
goes the wrong way. This also proves another myth false. Many players wait for someone to leave a machine they have lost on and then think that because the player before did not win that they will. The odds of winning never change no matter how many people have played a machine.
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