According to some, a slot machine that hasn't paid out in a long time may be "due" for a significant victory. What are your thoughts on this one? I believe that slot machines use RNGs which means that the results are completely random and previous spins have nothing to do with future outcomes.
You're absolutely right, the fact is that the slot machines operate on RNGs, meaning each spin is independent of the previous ones. The idea that a machine is "due" for a payout is known as the Gambler's Fallacy; the mistaken belief that past events affect future probabilities. Whether a machine just hit a jackpot or hasn't paid out in hours, the odds of winning remain exactly the same. It's all about chance, not patterns or streaks. So, while it might be tempting to believe a big win is around the corner, it's just as random as every other spin!
Yeah i think one mistake people make is thinking the more you play the more your chances of winning are but the probability stays constantย
@facebook-hadihammadi that was very informative. I had never heard of the gambler's fallacy before. Thank you.
Modern slot machines do use RNGs and you are right that the outcomes should be completely random. I believe that this comes from old-style slot machines found in land-based casinos and elsewhere that would pay out good wins once they reached a certain threshold. I have seen this myself and been lucky enough to benefit from it when I was a lot younger.
The big question is whether the player could walk away from the slot machine after experiencing one of these big wins. I doubt that there are any reliable statistics on this but from my own experiences and watching others, it is likely that a lot of "winners" would end up putting most if not all of their winnings back into the machine instead of walking away.
Thinking a machine is "due" is just one of those casino myths that gets people hooked. 🤐ย
@arniebaes This is a believe, which was legit back in the day for the land based casinos.
It's all RNG. I dont think any machine is due just because of that people's reasoning. It's definitely more like a marketing strategy made by the casinos to get more people believe this.
It's all probability and i don't think probabilty necessarily follows any said patterns, its the rsndomness that makes it probaility in the first place. Might be wrong though.
Didn't know slot machines usually get due for payouts. Doubtful there's any validity to this claim.