There are few slot players who have not heard myths about slots, but the reality is, many of those that are commonly heard is simply not true. The problem is that most myths are believed over time, much in the same way that repeatedly telling a white lie will, over time, be believed by many. For some, this can have an impact on the enjoyment levels they receive and the amount the risk or win.
Let’s take a closer look at some of the more common myths and break them down
Myth: The newest slots pay more than older slots
Fact: False. All slots, regardless of when released equal pay amounts based on the RTP designation for that machine. The belief that playing older machines will not result in an equal opportunity at winning is simply false.
Myth: Stopping the reels manually improves your chances of winning big
Fact: False. Stopping the reels, while at times may give the appearance of increased wins actually has no bearing. This is due to winning or losing combinations being determined at the exact millisecond that the reels were spun.
Myth: Slot machines are rigged to pay less during busy periods of play
Fact: Slot machines, or shall we say, the payouts are not programmed to pay more or less during peak times of play. All slots operate using a random number generator, a highly sophisticated software that based the win ratio on thousands of possible outcomes. The reality is, a slot can award a jackpot and then repeat it the very next spin.
Myth: Slot machines pay more if you wager more.
Fact: Slot machines pay the same regardless of the amount wagered per spin. Again, this relates to the random number generator that is designed to pay a certain percentage based over a long period of time. This is why at times when playing a slot, the machine may be “cold”, or it may be “hot”.
Myth: Slot machine payouts can be altered remotely by casino management.
Fact: In land-based casinos, this is simply not possible as each machine has its own programmed random number generating chip that determines the payouts for that machine. These can and do differ between machines, often differing on identical machines, which is related to the slot variance. While there is some truth that online slots can be changed remotely, licensing rules and regulations prevent this from occurring. Any casino caught engaging in this behaviour will have their license revoked, essentially putting the paradise vegas casino out of business.
Myth: Players have influence when playing bonus games that require picking objects to advance or win increased amounts.
Fact: This is false. As mentioned, slots operate using a random number generator, and that alone determines the amount you will win. While that may discourage some, the purpose of a bonus game is to increase the entertainment value that is derived while playing. However, that said, most bonus games will award a higher rate of winnings and remain a valuable commodity.
A: This is true, online slots overall offer higher payout percentages in comparison to their land-based counterparts. This is mostly due to the cost differences that exist between an online operation and one that requires extensive infrastructure investment. With the increased payout percentages, the amount of wins will increase, and often, the amount won will increase.
A: Yes! One of the licensing rules and regulations that online sunnywins casino are bound by stipulate that they must allow prospective players the ability to open a “fun
Money” account. This allows them to test all games, with the exception of those that are progressive jackpots or live dealer. The payouts seen during “Fun play” are identical to those experienced when playing for real money.
A: Yes and no, that will depend on the casino. However, if playing a network progressive jackpot, the amount will be paid in full as this money is paid by the slot developer to the casino in full, and subsequently to the winner in full. However, if playing a standalone progressive jackpot, the casino may limit the maximum weekly or monthly amount that can be withdrawn. Therefore, while this is not the norm to see casinos take such a position, it why it is highly recommended that you review a casino's terms and conditions before opening an account.
A: Yes, 100% Online slots, and for that matter, online casinos are highly regulated by the licensing authorities. This ensures compliance of all rules and regulations that govern that license. However, further safety measures are in place by the software providers of those slots as they also are bound by rules and regulations that govern their software licenses.
A: Yes, almost every casino offering slots online will feature a mobile version of their casino. Many will include dedicated mobile apps for iOS and Android devices and feature the same collection of games for its mobile applications as it does for its online.
A: This would be near impossible unless you have the ability to calculate winning combinations faster than that of a highly complex computer program. All RNG software programs are continually tested to ensure accuracy and fairness, and to ensure they are operating correctly. The odds of cheating such software is simply not possible.
A: All slots will have a minimum bet and a maximum bet. This is determined by the slot developer. However, in some cases, the casino may request these amounts be altered.
The countries with the most number of online casino players are Finland, Ireland, Singapore, India, Canada, USA, Italy, China/Macau, Australia, and Great Britain. In Great Britain, 65% of all adults are online gamblers while in Italy, around 800 thousand citizens have a serious gambling addiction.
No, it is not. In some countries, their citizens are completely allowed to access online casinos and play their favorite games. Other countries allow just several forms of online gambling. On the other hand, there are countries where participating in online gambling activities is completely illegal and could land violators in jail.
It’s completely legal to participate in online gambling activities in the following countries: Australia, Belgium, Canada, France, Germany, Gibraltar, Hungary, Ireland, Italy, Liechtenstein, Macau, Malta, New Zealand, Panama, Philippines, Poland, Russia, Scandinavia, Singapore, Spain, and Switzerland. On the other hand, a lot of Asian countries and Latin countries are currently in the process of legalizing online gambling.
The countries that are currently issuing gambling licenses are Malta (Malta Gaming Authority), Curacao (Curacao E-gaming License), United Kingdom (UK Gambling Commission), Alderney (Alderney Gambling Control Commission), Isle of Man (Isle of Man Gambling Supervision Commission), Belgium (Belgian Gaming Commission), Gibraltar (Gibraltar Gambling License), Italy (AAMS Gaming License), Estonia (Estonia Online Gambling License), Costa Rica (Costa Rica Online Gambling License), Denmark (The Danish Gambling Authority), and Kahnawake (Kahnawake Gaming Commission).
The first step is to research and learn about the license requirements, costs of application, processing time, and other important details. Then, the casino must choose which jurisdiction fits their needs. Finally, the casino must meet all the requirements of its chosen jurisdiction in order to be awarded a gambling license. Some of the usual requirements are certain software, a minimum bank account balance to cover operational costs, proof of identification, no criminal record, and a lot more.
It’s honestly extremely hard for the government to regulate online gambling and monitor each of its citizens’ online activity. Lawmakers were unprepared for the online gambling industry’s fast-rising popularity. However, a lot of countries are now able to catch up and created online gambling laws. Most gambling laws are rather focused on the gambling operators and not on the online casino players. It’s easier that way since it’s not easy to monitor every individual’s online activity.
It all depends on a country’s gambling laws. If a country follows a strict gambling law, then violators might get jail time. In other countries where online gambling is not heavily regulated, violators might just be charged with a hefty fine.
Playing in online casinos is completely illegal in the following countries: Brunei, Cambodia, Cyprus, Japan, Lebanon, North Korea, Poland, Qatar, Singapore, and United Arab Emirates. In these countries, there are serious consequences if one of their citizens gets caught participating in any form of online gambling.
Every online casino has certain country restrictions. However, the following online casinos are the most accessible for a lot of casino players around the world: Casimba Casino, Casumo Casino, Dream Vegas Casino, Dunder Casino, Genesis Casino, Guts Casino, LeoVegas Casino, Rizk Casino, and SlotsMillion Casino.
No one knows what the future holds for online gambling. But if we will look at the recent developments and changes when it comes to the legalization of online gambling, the future definitely looks bright for online casino players around the world.
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