Myth No. 1: You have been playing slots for sometime, but left it after few tries as your attempts was unsuccessful. Then somebody else came in, and he wins the jackpot in the first few attempts. Suddenly you tend to think that had I played for some more time, I would have won the jackpot instead. Wrong!
All slot machines are powered by what is called the Random Number Generator (RNG), which is a microchip programmed to generate combinations of numbers at a rate of around hundred per second. These numbers correspond to positions on each of the reels in the slot machine. In other words, when a player spins the reel, other than initiating the spinning action, he is actually doing nothing to impact the numbers going to appear at the reel positions. Instead, he is just telling the machine to display the last set of random numbers it had generated to be displayed at the reel positions. It is pure chance.
Myth 2: Don't assume at any point in time that the slot machine is due for a payback.
The payout frequency and payout percentage are calculated longtime. In fact, as mentioned already that it is pure chance, technically, there is no reason why it can't have two or more payouts in a short duration or none at all for a longer period of time.
Myth 3: Play fast and increase your chances of hitting a jackpot. Absolute nonsense!
How much you quicken your gaming, still the RNG will be far quicker in generating numbers and at the end of the day, your fast gaming is not going to make any difference. Hence, instead of focusing on speed, take your time and enjoy the game. Also, even though, a player plays slots with the dream of winning a jackpot, it would be a better idea to forget about that and instead focus more on enjoying the game. If you are lucky, you'll hit the jackpot whatever comes. Leave it to your stars.
Myth 4: The payout percentage is handled by the Casino. No! It is the RNG!
The payout percentage is predetermined and programmed in the RNG chip. So, if a casino has to influence the existing payout, it has no choice but to replace the chip with a new one. However, there are rules and regulations promulgated by online casino regulators to preempt such a possibility. Casinos also don't resort to such activities often.
But, from a player's perspective, they must consider the payback listing for it'll be beneficial for them only if the payout percentage is more than 95%.
To sum it up, 'lady luck' plays a major part in slot machines results. But by lying to rest the above mentioned myths, one can surely better his odds for winning a jackpot. It is all about playing it a number of times without getting dissuaded by any negative thoughts.