Common myths and misconceptions about slots
Slots have been around for a while, and with that, a lot of myths and misconceptions are developed. These can be risky as you can end up focused on performing certain rituals to win and play for longer, but it can result in losing more money.
- Hot and cold machines A popular myth is that slots get hot and cold, but this isn’t the case. To put it simple, the myth states that a hot slot machine has a higher chance of paying out, whereas a cold machine doesn’t and will continue taking your money.
A certain number of spins doesn’t make a slot hot and won’t increase your chances of a win. The same with winning or losing several times in a row. Your streak wasn’t a pre-determined result and it won’t affect your likelihood of landing a big win in future spins. All wins on a slot machine are random so there’s no way to predict an outcome.
- Chasing losses Whether you almost won, or have been on a losing streak, and so think your time for a win is coming, you can’t predict if you’re going to win. Since online slots work with an RNG, each play is independent from the previous one and isn’t influenced by them either. Slot wins are random and there will always be the house edge that has the stronger odds. Playing for longer as you think you’re due a win could ultimately result in further losses and doesn’t increase your chances of having a win.
Gambling sensibly and responsibly With gambling, there’s always the risk of going too far or playing beyond your means. That’s why playing responsibly is so important. Fortunately, a lot of casinos offer tools and protections that can support you and help you set limits to remain in control of your gaming and your bankroll.
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Available tools include setting limits on how much you win, loss limits, and even game duration. Other examples include notifying you when you've been playing for a certain amount of time and when it's time to stop and check in with friends and family. It’s also important to remember that gambling is not a source of income and should never be used as an escape from problems. You should always manage your expectations before starting a new game because winning is not always guaranteed. Keeping a clear head is critical and that’s why you should also never gamble when under the influence.