Many people enjoy slot machines. Before play most set a money limit, that is the amount they intend to spend. Difficulties arise when people exceed their limit.
To keep your risk low it’s important to know how slot machines work. The following illustration describes how a slot machine works with a simple bag of marbles. To begin we have nineteen losing whitemarbles and a single red win. In order to make the outcome random the bag is given a good shake.
Now there’s no way to predict where the red marble is. On each play of the slot machine. Your bet allows you to reach into the bag and take out one marble. Since there are 20 in all your chance of winning is one in twenty you take out a marble and it’s white, you have lost this time. Now stop and ask yourself what the chance of winning on your next bet is there are 19 marbles left in the bag 18 white and one red.
It would be natural to conclude your chances have improved. That is you might think your chance of winning is now one in nineteen however this is not the case. Before your next play you must first place the losing marble back in the bag bringing the chance of winning back down to the same as your first draw one in twenty no matter how many times you draw your chance of winning remains exactly the same it never gets any better. This is the reload feature. Your slot machine reloads after every play on every slot machine.
The losing marble always gets put back in the bag but you say at one in twenty you’ll win sooner or later so it’s not that bad of a deal however on reel slot machines the chance of winning a jackpot is much lower it varies slightly from one machine to the next but your chance of winning is about one in a million. To better understand your true chances, imagine a bag holding one million marbles and buried in the million marbles is the single red jackpot for each and every play your chance of winning the jackpot always stays at about one in a million past wins or losses have no bearing on the outcome of the next spin. Thus persistance at a particular slot machine will not pay off. Given what you’ve learned here are two habits for playing responsibly: one, set your limit.
Before heading to the slots decide how much money you can afford and are prepared to lose Two, remember your odds. When tempted to go over your limit remember the odds are stacked against you the likelihood is you will lose.