MYTH: After a jackpot, machines must turn cold to make up the payout.

PMM2008 · 2009-04-15T20:54:48+00:00

FACT: Players believe machines turn cold after jackpots. But the casinos are in this for the long haul, and they know the machines continue to pay at a normal rate after a big hit. Jackpots just blend into the background of millions of spins of the reels. Let's say we're betting three coins at a time at a machine with a top jackpot of 10,000 coins, and that the machine is programmed to pay 95 percent in the long run. We hit the jackpot on our first pull. How low must the payback be over the next 999,999 spins to bring the overall percentage back to 95 percent for 1 million reel spins? Would you believe a drop to 94.7 percent would do it? After a big jackpot, results remain random. There are cold streaks after jackpots, and there are hot streaks, too. More information I thought incredibly interesting.. Anyone else believe this myth too? PMM2008

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PMM2008

at Apr 15, 09, 04:54:48 PM

Mighty Member 3103

last active 5 years ago
FACT: Players believe machines turn cold after jackpots. But the casinos are in this for the long haul, and they know the machines continue to pay at a normal rate after a big hit. Jackpots just blend into the background of millions of spins of the reels. Let's say we're betting three coins at a time at a machine with a top jackpot of 10,000 coins, and that the machine is programmed to pay 95 percent in the long run. We hit the jackpot on our first pull. How low must the payback be over the next 999,999 spins to bring the overall percentage back to 95 percent for 1 million reel spins?
Would you believe a drop to 94.7 percent would do it? After a big jackpot, results remain random. There are cold streaks after jackpots, and there are hot streaks, too.

More information I thought incredibly interesting..
Anyone else believe this myth too? PMM2008
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