Higher denomination slot machines have better payouts than lower ones
What is true is that that the higher denomination slot machines’ payouts occur more frequently than lower bet slot machines, and this could be the root of this misconception. These payouts are actually smaller than the coin-denomination play.
Note that all the slot machines, whether higher denomination or quarter slot machines, are programmed with fixed payouts that they stick to regardless of how often or seldom they hit. Furthermore, it should go without saying, if you place a larger bet, you will get a larger payout.
If you have stuffed the slot machine with too much money, you will eventually win
This is a misconception that leaves many players frustrated. It is not guaranteed that because you have made hundreds of spins you will eventually hit the jackpot. It is by mere luck that you hit the jackpot, if you ever do.
The slot machine, as aforementioned, functions independently and has no memory of prior spins or wins, so it has no idea whether you deserve to win or not.
One can see when a slot is due to pay
It is good to always remember that it is a random number generator system that determines what symbols the reels land on. It is this same system that, if you are lucky, will create a combination of winning numbers on any given spin.
The software operates on a random base, and thus, has no guarantee that the next combination will be a winning combination. Furthermore, the slot machine does not know whether it has a jackpot or not. It also has no memory, and therefore, does not know how much the last payout was worth. Therefore, don’t be misinformed that there is any way in which you can predict the next combination.
You cannot hit two jackpots consecutively
This is also a misconception because, as stated earlier, it is by mere luck that you hit the jackpot. In fact, there have been numerous occasions that online slot players have hit a sizeable jackpot and kept playing on the same slot game, only to win another sizeable jackpot.
It is human nature to become irrational and hold misinformed beliefs so as to grow and prosper. This is especially true if things don’t go our way. Myths can be fun, but only if you do not let them dictate your game plan. They are not so laughable when they control the way you carry out your daily activities, and the way you enjoy your casino games.
It is important that you now know and are warned off the slots myths that could lead you to making the wrong decisions, which could seriously threaten your bankroll and see you lose huge amounts of money
When you become a member of a slot club, the slot machines favor you
This is a lie for the aforementioned reasons. What is true is that being a member of a certain slot club has its own benefits, but these benefits have nothing to do with better payouts.
The slot machines do not have the ability to tell if you are using coins or cards, and thus being a member of a club does not influence the outcomes of the game in any way. They must follow the programmed fixed payout percentage.