Casino Slots – Do They Deceive And Cheat The Players?

Do Casino Slots Cheat and Deceive Players?

Before we start, let’s be clear that the short answer is “no.” Now we’ve got that out of the way, let’s have a look into a common phrase you’ll often hear at the real casino. This is “this game is rigged.” Frustrated gamblers who visit casinos to win the jackpot, use this term have normally lost their whole bankroll on a losing streak in the casino slots. They also lack critical thinking skills. After all, it’s a game of chance and so there’s always the possibility that the player will lose. Being unable to comprehend this simple fact is slightly ridiculous.

Acknowledging the House Edge

If you stand in a brick and mortar casino and look around, you’ll see that not only is the building large and well decorated, but there are also many employees working within. So you have to ask yourself, who pays for all of this? Casinos are first and foremost a business.  If you look at casino games from a purely mathematical standpoint, you’ll see that in reality, no casino game is really what you might call “fair.” But that doesn’t mean it’s not “honest.”  In order for the casino to make a profit, the odds are always slightly in favour of a casino itself. You don’t need a big brain to understand this.

The Casino Offers A Service

This is called the “house advantage” or “edge.” In life, very few things are free. This applies to the casino as well. Yes, the customer is playing games that are technically unfair. But that’s because they are paying for a service. They are standing within the property and enjoying themselves and being entertained. That’s not a free service. Obviously, playing at the casino slots isn’t the same as playing with a group of friends. Neither is it equal to playing a board game like Monopoly, where the winning possibilities are the same for all those playing. The casino as a business needs to make money. More than that, it needs to make a profit.

And that’s why there’s a house edge in the first place. It’s exactly the same with online casinos. Though they do tend to have a lower house edge. Our favourite is Bet365 Casino. They have a huge variety of casino games as well as many of them being played with the immersive and exciting live dealer format.

You Can Also Win

You could say that the games in the casino are unfair simply because the odds are always slightly stacked against you. But as we previously mentioned, this doesn’t mean that the games are not honest. Remember, it’s always clear exactly how big the house edge is for every game. Then it’s easy to forget the important factor that it’s possible to win as a player. And even clear large sums of cash. Provided you do your homework, it’s possible with some casino games, like blackjack and roulette, to find bets which are 50/50 odds. Understanding this can only help increase your jackpot winning chances.

What Does RTP Mean with Slot Machines?

Before you decide to play a slot machine, you really should take into account a couple of points. These are the RTP and the variance. If you can see these two factors, you’ll get a good idea as to how generous the casino slots will be. And how often it may payout. Keep in mind both these factors have nothing to do with fairness. RTP stands for “return to player” and it displays in a percentile form. It tells you the proportion of money that will return to the player in the form of prizes. This is against the total amount he has put into the slot machine. In simple terms, if the RTP is 97%, then it means that for every $100 you paid into the machine, then you should receive back $97. Obviously, the higher the RTP percentage, the better for the player.

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Casino Slots Variance

The variance tells us the probability of the casino slots paying out a prize on any given spin. For example, if the slot machine is “low variance” this means it’s much more likely to pay out more regularly. But there’s one caveat. And that is the prizes will be smaller. Conversely, a “high variance” machine will pay out larger prizes. But like those massive progressive casino slots, will payout very rarely. So you can use slot machine variance as one of your overall jackpot winning strategies.

How Casino Slots Works 

All casino Slots are programmed using Random Number Generators (RNGs) along with some very complex algorithms. This is to ensure the random probability of every spin. Many players make a basic mistake when it comes to the probability and odds of playing slot machines. They often fail to understand what these numbers really mean. For example, if there’s a casino slots machine where the odds of winning a prize are 1 in 100. Many players think that providing they spin 100 x, then you have a guarantee to win at least once. They are then disappointed to discover this is the case.

Let’s Look At The Odds

That’s because they fail to recognise that the odds of 1-in 100 apply each separate time the reels spin. So it doesn’t matter whether you play 10 times or 100 x, each spin has exactly the same odds of winning which are, surprise, surprise, 1-in 100. The most basic way you can view this is by flipping a coin. There are only two options, heads or tails. This makes the odds of any one of them landing face up as 1 in 2. That doesn’t mean that every two flips you have a guarantee to hit the side of the coin you desire. Technically, you could toss the coin 100 x and get 100 heads or 100 tails in a row.

Hot and Cold Casino Slots 

Now that you have a better understanding of how casino slots work, you can see that the idea of “hot” or “cold slots” is both nonsensical and foolish. And yet this silly theory continues to exist. The idea of a “cold” slot is one that has paid out some prizes recently. And therefore it’s unlikely to payout soon, i.e. it’s gone “cold.” Conversely, a “hot” slot is one that hasn’t paid out anything for a while and therefore is due to hit. But as we’ve previously seen, it matters not what other prizes have been paid out and when the odds remain the same for each and every spin.

Hedging Your Bets Wisely

Providing the casino slots machine indicates clearly its volatility, RTP and the edge it has over the player, then there’s no way you can accuse the casino of being dishonest with the slots. You have to keep in mind that the huge prizes that the casinos give to the winners come from the fact that the odds are against the player.  In other words, it’s the losses that provide the prizes for casino jackpot games. You can’t have it both ways. Without players losing money there would be no prizes to give out. 

Play For Fun

Here at Jackpotfinder.com, we suggest that you always enter the casino with a  predetermined budget. Take a walk around and choose the casino slots machine with the best RTP and volatility. This way, your money will go further and you’ll have a better chance of hitting up some winnings. Remember you are not necessarily here to make money. For that, we suggest you need to go and get a proper job. You are in the casino to have fun. To find entertainment and enjoyment for a few hours. Always keep that in mind when you’re gambling.

It’s the same story if you are gambling online. Only play with a budget, and aim to have a good time. We love playing at Bet365 Casino. The interface is so easy to use. And what’s more, they offer a very nice welcome bonus for all new players of 100% up to €/£100. This will help stretch your bankroll, meaning that you can play for longer, thereby increasing your winning chances.