Slot machines with a RTP percentage closer to 100% are often termed loose slots while games with a low RTP are referred to as tight. For example, if you are playing a slot machine with a RTP value of 95%, the house edge is equal to 5%. This means that on average and over millions of spins the machine wins 5% of every unit wagered. Gambler's Oasis was founded on the principal of providing top quality casino slot machines and gaming devices to your home at the most reasonable price. Whether you want one slot machine or twenty slot machines, your home game room can become an oasis, a refuge, a haven for fun for you, your family and friends.

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No other segment of the gaming industry has benefited more from the technology revolution than the slot machine. Once considered the ugly stepdaughter placed on the gaming floor to appease the spouses of table players, the slot machine has been transformed into the fairy princess of the gaming world. With her, she has brought a dowry of riches no one would have imagined for the casino and a few lucky players as well. Over twenty years ago the slot machine accounted for 30 percent of the casinos' profits. Today it accounts for about 70 percent. Computer technology and the ability to play with little to no gambling knowledge makes it possible to offer life-changing jackpots big enough to turn a pauper into a king.

However, the fact that it doesn't take much gambling knowledge to play means that most people don't understand the inner working of the slots -- which makes it easy to explain a loss or a win with some false logic. Like any other 'wives tales' these are passed from person to person until they become gospel. Most of these myths and misconceptions are harmless but they can add to your frustration and take away some of the enjoyment of your casino visit. Let’s take a look at a few of the most popular myths and the truth behind them.

Myth #1

Someone hit a jackpot on the machine you just left -- so you would have won that jackpot if you kept playing.
This is probably one of the most common notions about slot machine gambling -- but it's patently false. The slot machines have a computer chip inside that runs the Random Number Generator (RNG). The RNG is continuously cycling through numbers even when the machine is not being played. These numbers correspond to the stops on the wheel that display the winning or losing symbols that you see when the reels stop. When you hit the spin button or pull the handle, the RNG picks the combination at that given microsecond. If you had stayed at the machine, it is highly unlikely that you would have stopped the RNG at the exact nano-second to display that same combination of numbers. In the time it takes to talk with a friend or sip your drink the RNG has cycled through thousands of combinations.

Myth #2

You can tell the odds of winning by counting the symbols on each wheel.
Actually, you can't. The RNG generates a number for each spin. There can be hundreds of virtual stops on each wheel even though you only see a few symbols. For example, you may see 20 symbols on each wheel of a three-reel machine. You figure 20 x 20 x 20 = 8,000 combinations and your chance of hitting the jackpot is 1 in 8000. In reality, the computer chip may program 256 stops for each wheel which makes the odds 256 x 256 x 256 =16,777,216 combinations. Being able to generate millions of combinations is the reason that slots can offer large paybacks.

Myth #3

Casinos can loosen or tighten the slot machines with the flip of a switch.
In actuality, the slot machines have a computer chip in them that determines the payback percentage. These are preset at the factory. In order for a casino to change the payback, they would have to change the chip. In most jurisdictions, there is paperwork that has to be filled and submitted to the Casino Control Commission for each machine if the chip is changed. It's time-consuming and the chips are very expensive. For this reason, it is more economical to decide on the payback percentages before purchasing the machines and having the factory ship them with the proper chip.

Myth #4

A machine that has not been paying out is due to hit.
There is no way to determine if a machine is due to hit. Each spin is a random occurrence and has no bearing on what has happened previously. Don't ever play more than you should because of this misconception -- it will be devastating to your bankroll if you do.

Myth #5

The temperature of the coins played will affect the way a machine pays.
Unfortunately, the machine is not affected by temperature. It doesn't matter if you play hot, cold, old or new coins. The coin slot is a mechanical device and has no feeling.

Myth #6

If you use your slot club card the machine will pay back less.
This may well be the most damaging myth of them all. There is no link between the card reader and the RNG, but by not using your player's card you are denying yourself valuable comps and sometimes cash back from the casino.

The casino industry has seen experienced big changes over the past few decades, mainly due to the increasing presence of online players. There has been much speculation within the industry as to whether online casinos take business from land casinos. Researchers in New Jersey actually found in a 2014 study that the advent of online casinos has been a positive occurrence for land casinos. Rather than cannibalising revenue, online casinos help introduce new demographics to the thrill of casino games, which in turn helps land casinos attract more foot traffic. The same happens to brick-and-mortar amusement arcades, recently experiencing a resurgence as their offer include the same type of skill-based game that players can find online.

One of the reasons behind this resurgence are slot machines, one of the most popular games both online and off and attracting a large percentage of players that walk through the doors or visit the website. Land casinos generate a high percentage of their revenue from slots games – estimated at between around 50% and 88% in Las Vegas, the gambling capital of the world. Online popularity can be demonstrated through the number of new slots operators available and the frequency with which new online slots games are added. Seaside amusement park operators are currently seeing a resurgence in popularity as visitors flock to play the machine versions of their favourite online slots games.

There are various different types of slots games, including simple three-reel formats and more complex video slots. Both are popular both online and in land casinos. Online slots are naturally all video-based, but many of the most popular games replicate the three-reel format. The sheer volume of new slots games releases each year, in an industry constantly reinventing itself to ensure all types of players are satisfied, stands testament to the fact that slots remain one of the most popular types of casino entertainment either virtually or in real life.

Below you can find a round-up of new releases in 2020.

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Tiki Terror

One of the more recent releases gaining in popularity is Tiki Terror, a video slots game from OneTouch. Players of Tiki Terror are drawn into a dark and spooky swamp world, with symbols designed to look like parts of a totem pole and reels that gradually sink under murky water with each spin. The eerily immersive music complements the dark, haunting graphics, creating a fearful yet highly addictive atmosphere. Tiki Terror is a low-volatility title, meaning players have an excellent chance of achieving wins. There are 50 different ways to win, with prizes awarded for matching three of the mysterious symbols from left to right.

9 Pots of Gold

They are approximately 18'x18'x34'. Royal Bell, Ltd. Are handfinished and compliment the Mills Classics with similarmedium stain. They come with a choice of either polished aluminum feet which compliment the machines plated innickel or polished brass feet which compliment the machines plated in gold.The stands come complete with a lock and an adjustable shelf. MenuSlot StandsSpecialsVINTAGE SLOT MACHINE STANDSThe oak slot machine stands from Royal Bell, Ltd. Slot machine stands replacement glass.

9 Pots of Gold is an Irish-themed slots game released by Microgaming in March 2020, to coincide with St Patrick’s Day. Symbols include lucky four-leaf clovers, gold harps and leprechaun hats as well as lucky 7s, with mushrooms for wild symbols. This game has a simple design that with an RTP of 96.24%, offering opportunities to win big. 9 Pots of Gold is one of the most popular slots releases of the year to date, available both online and as a land-based game.

Super 7s

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Super 7s was released in February 2020 from Pragmatic play and has already garnered a huge following. The fruit-based theme is based on the classic five-reel, three-row format, ideal for players that want a back-to-basics experience but with modern graphics. Players can choose to bet any amount from five pence to £100, offering equal opportunities for time-killers and for those looking to make a big win.

Macau High Roller

Macau High Roller from iSoft offers players the opportunity to enter the high rollers’ VIP lounge by increasing their bet x20. Based on Asia’s gambling capital, the theme of the game has a brick and mortar casino feel to it, making it a great option for those that prefer land casinos but are currently playing online. The RTP varies, with regular players receiving 95.88% and those in the High Roller lounge a more generous 97.66%. Stakes in standard mode range from 10p to £10, while the High Roller stakes start at £2 and go as high as £200.

Mining Fever

Mining Fever is a collaborative effort from Rabcat and Microgaming – a duo well-known for creating some of the most popular and addictive slots games. The five-reel format comes equipped with a comprehensive range of features and extras, including Three Dwarf Scatters and the free spin Gold Train. The visuals, based around a dwarven mining community, are appealing and fun, with mining-themed symbols including precious gems and metals. The 96.13% RTP and stake options ranging from 20p to £40 per spin create opportunities for potential big jackpots as well as smaller wins.

Slot machines have been around in some format since the late eighteenth century. Since the first recorded mechanical machine was introduced in 1887, slots have been a popular form or entertainment. While the technology has altered beyond recognition since these early incarnations, which were usually found in bars, slots have not lost their appeal to players. Until relatively recently, players had to visit brick and mortar venues to play slots, such as pubs, amusement arcades and casinos. Nowadays, there are millions of online versions to choose from as well, which has only served to increase interest in these types of game and inspire developers to come up with new and better formats.