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| * * * SLOT MACHINE MYTHS * * *
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MYTH: Once a slot machine has made a payout it, you should change machines because it wont pay out again for some time.
FALSE: The machines are totally random and have no ability to track past spins. The slot machines are just as likely to pay off on any given spin whether its the very next pull after a jackpot win or not.
MYTH: Casinos continuously are changing the odds and payouts of their slot machines to insure they are always making money.
FALSE: The payoff ratios on every single slot machine are pre-coded on computer chips within the machine. The casinos can not alter these chips and/or the payoffs.
MYTH: Casinos place slot machines that pay off more frequently near the entrances of their casinos to attract players.
FALSE: The casinos are busy enough they don't need to utilize primitive techniques to acquire additional players. Maybe in the past this was true - today it is not!
MYTH: You should play slowly and use just one coin at a time.
FALSE: Playing the maximum number of coins will almost always increase your payout percentage. Thus its wise to wager the maximum number of coins.
MYTH: Slot Machines are boring no good for nothing one armed bandits usually played by over-aged women.
FALSE: Todays high-tech slot machines are rather fun and are played by a variety of gamblers. Furthermore hitting the jackpot of a progressive slot machine can be very rewarding.
MYTH: When a slot machine shows a payout percentage of 95% that means I can expect to win $95 for every $100 I spend.
FALSE: Payout percentages are based on long term returns and do not necessarily reflect 1:1 ratios. Over the short term you could possible win more or less than the advertised payout percentage.
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