Top 5 Slot Machine Facts You Should Know
Slot machines are the bread and butter of many online and offline casinos. Known to be one of the most popular games in every casino around the world, and loved by all, these brightly coloured, fun and exciting casino games are a great attraction. However, things weren’t always like this. It wasn’t until the 1980’s when slot machines began to become more favourable, but now, they’re taking the casino world by storm. Everybody knows the basics of an online slot machine – they’re run by a random number generator, and all you have to do is push the button or pull the lever to spin the reels. If your symbols match up, then you will be assigned a monetary reward. If they don’t, then all you have to do is spin again. However, there are a number of facts that many players don’t know about slot machines, and here we’re taking a closer look at them!
Most Slot Machines Will Pay Back Over 90%
Known as the return to player, or pay back percentage, knowing how much money you’re likely to win and how often is really important for many players. Interestingly, the majority of slot machines online and offline boast a payback percentage of over 90%. The competitiveness of the markets has led to slot machines generally averaging at RTPs of between 93-94%, although some slot machines even offer a payback of around 98%!
Slots payouts will generally differ substantially across online casino sites, and across different brick and mortar casinos. Nevertheless, many people believe that online slots generally have a better payout percentage.
They Don’t Keep Track Of How Many Jackpots They’ve Paid Out
Many people believe that there is such a thing as ‘hot slot machines’ and ‘cold slot machines’. The concept behind this comes from players believing the superstition of slot machines being able to track how many jackpots they have paid out, and when the last one was paid out. However, while it is highly likely that there is a component that has the ability to track this information, due to the random number generators implemented with the machines, every result is completely arbitrary. This means that after one jackpot has been paid, another one could be paid on the next spin if you’re lucky enough!
Progressive Slot Jackpots Are Almost As Large As Lotteries
Progressive Slot Jackpots Are Almost As Large As LotteriesProgressive slots are one of the most exciting revolutions to come from the growth in technology in the casino world. These jackpots work differently to traditional slot machines, and they are a really interesting addition to the collection. The concept behind progressive jackpots is that everybody who is playing that version of the slot machine, whether online or offline, has the chance to win the jackpot. In order to ensure that this is fair, the jackpot is set at a certain prize, and then with every bet, a percentage of this will be added into the pot – further helping this prize to grow. This prize pot will grow, and grow, and grow, until it is won!
Progressive slot jackpots have even reached as high as lotteries, with some lucky players being in with the chance of winning millions! The best part about the progressive jackpots, aside from the amount that you can win, is that they are generally the more complex slot machines. This means more paylines, and often extra bonus rounds and mini games for you to enjoy as you play.
Today’s Slots Have Little In Common With Traditional Slots
As you can imagine, the technology behind slot machines has evolved dramatically compared to when the first slot machine, The Liberty Bell, was introduced in 1895. In fact, modern day slot machines, online and offline, have very little in common with their traditional predecessors!
A traditional slot machine was made up of the following components:
- Coin Slots
Now, slot machines are made up of around 1200 components, and these are all put together by teams of hundreds of people throughout the manufacturing and design process. Now, there are a huge number of exciting technologies that are put in place for offline slot machines including:
- Bill Validators
- Machine Cabinets
While these games were traditionally straight forward, allowing you to insert your coin, push the lever and bet on a single payline, the added technology has led to a growth in complexity.
Now, you can choose how much you want to bet per line, choose how many paylines you want to bet on, use touch screens offline, view animations online, share your gameplay on social media and so much more!
Online Slots Work In The Same Way As Land-Based Slots
While slot machines in the casino may have a different sound, a different feel and a different look, under the hood, they work in a very similar way. Both versions of this popular casino game use a random number generator in order to provide a ‘random’ result with every spin. This helps to ensure that games can’t be rigged by the casino, or by players who are looking to cheat the system. As a result, slot machine games are completely random, so if you’re feeling lucky, you could be in with a good chance of winning!
The main difference between online slots and land-based slots is the hardware under the hood. With online casinos, the main focus is on animation, seamless gameplay and security measures. With offline casinos, you’re more likely to be drawn in by the sounds and flashing lights of the rows upon rows of slot machines. You can be certain that you’re going to have a great time, no matter which version you choose!
There are a huge number of facts that you should know about slot machines to help make sure you’re not caught up in all of the superstitions and myths that have appeared around the world. Now, you can enjoy our online slots games knowing the best way to play to be in with the chance of winning the jackpot! Play our online slots games today.