Slot machines are programmed to pay out well at first, and then less and less until you’re out of cash.
Basically this myth is the belief that slot machines are programmed to have hot winning streaks and cold losing streaks, encouraging you to spend more money before they then go cold, having taken all your cash.
The truth is that these hot and cold streaks are random when they happen. The reason for this is that slot machines are only programmed to randomize each individual spin.
Although it’s completely random, it feels like the machine is programmed against you. The fact is that the longer you play, the more likely you are to lose money.
So it doesn’t matter if you are using an online casino, or a real slot machine, each spin is unique and has unique odds.