Slots seem to breed myths more than any other casino game. That's probably because players have so little control over what happens. The inscrutable inner workings of the machine only add to the mystery and the myths.

Myth: A slot that hasn't paid in a while is "due" to hit
A slot that hasn't paid in a while is probably tight and certainly not "due" to hit. The RNG picks numbers at random and the probability of hitting a jackpot is always the same for every spin. For the same reason, a slot that just hit a jackpot is now no less "due" or more "played out" than it was the spin before. A loose slot is a loose slot.

Myth: Someone played my machine and stole my jackpot
It happens all the time. A slot player steps away from a machine for a short break and returns to find another slot player grinning ear to ear having just won a major jackpot on that very machine. If the first player had stayed she would have won the jackpot. Right? Actually, no. The second player just happened to push the spin button at the exact moment when a jackpot was on the RNG. A millisecond more or less would have produced a different result. It is highly unlikely that the first player would have pushed the button at the exact same instant. In fact, two or three jackpots may have passed her by when she was scratching her head or sipping her drink.

Myth: I was one stop away from a big jackpot
Your heart skips a beat when the symbols almost line up, but not quite. Were you close? It may look that wav, but there is no such thing as close for the RNG. The actual number that generated the sequence may have been hundreds, thousands, or even millions of numbers away from the nearly identical jackpot sequence. You were no closer or farther this time than the last time.

Myth: Playing faster increases my chance of winning
Playing faster and spending more increases effect of the house edge and makes you lose more. The chance of winning on each spin is not affected by the speed of play.
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Myth: Slots are looser at certain times of the day or week
Casinos can't change the way their slots pay out without changing the slot. The payback percentage is set at the factory. There is no switch or computer program that tightens or loosens a slot at a specific time or day of the week.