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Hot & Cold slots: Myth or reality?

Vending machines as we know them have been with us since the 20th century. During that time, they have changed so much that it is hard to find the original ones. But what has remained the same are the myths associated with them. Since the very beginning of slot machines, people thought they could cheat them and thus came up with the label ‘hot’ and ‘cold’. You will find out what it actually means and if there is any truth to it in the article.

What are Hot & Cold slots?

You’ve definitely heard someone say a slot is β€œHot” or β€œCold”. Maybe you’ve even picked games based on this split directly in an online casino. But do you actually know what those labels mean?

Since wins are purely random, this isn’t any kind of technical label or official classification. It’s more about players’ subjective perception and the attempt to figure out β€œhow slots work”, so the definition can be different for every player.

Hot slots

fire icon

When a slot is called β€œhot”, it means it has been paying out frequent or big wins recently. Great winning combinations and bonuses around every corner. The player feels like they’ve hit a goldmine and stays on the slot while it’s still β€œgiving”.

Sometimes it can also refer to a high slot RTP.

Common misconceptions about Hot slots

A Hot slot is seen as one that keeps paying out win after win, keeping players hooked and giving them hope their winning streak will never end. Of course, it’s just randomness lining up a few good spins β€” which doesn’t make the slot β€œgenerous”, and it definitely won’t last forever.

Cold slots

snowflake icon

On the other hand, there are Cold slots β€” and the name itself hints at what they’re about. Players see these slots as determined to wipe you out. No one has seen a big win on them for a long time, bonus rounds are more of a legend, and when one does hit, it’s mostly β€œdead spins”.

Just like with Hot slots, the label here can also refer to RTP. Anything below 94% is considered low RTP.

Common misconceptions about Cold slots

Some players believe slots stop paying out for some reason. The most common idea is that the slot has recently paid out a big win, so it has gone cold and now needs to β€œcollect” bets before the next win.

  • Slots that have been labelled Cold for a while can be very popular with some players, because they believe it will start paying out big again soon.

How are Hot & Cold slots determined?

Because this is a subjective label, there’s no reliable way to tell Hot and Cold slots apart. The split is based mainly on players’ observations and feelings from gameplay. Still, there are a few ways players try to label slots β€œsuccessfully”.

1. A player’s subjective impression

Even though it’s the least reliable method, it’s one of the most common. While playing, each player judges by feel whether a slot is paying enough or just draining their balance, and labels it Hot or Cold. But it’s purely personal experience. What’s a great run for one player can be terrible luck for another.

2. Estimating using the Statistical Return Percentage (SRP)

SRP, or the Statistical Return Percentage, is a percentage that shows how much a slot actually paid out over a specific time period, compared to its stated RTP. Casinos often use this to show which games are currently Hot or Cold. For example, they collect data over 24 hours on which slots paid the most and the least, then update the list again after the next 24 hours.

RTP vs. SRP – what’s the difference?

At first glance, RTP and SRP can look like the same thing. The principle is similar, but there’s a small difference in how they’re used.

Unlike RTP, the Statistical Return Percentage shows real results β€” how the slot actually paid out over a certain period. SRP compares payouts to the expected RTP and then evaluates whether the slot is Hot or Cold.

Cold slot

  • If a slot has an RTP of, say, 96% and is labelled Cold, it means that recently (e.g. over the last 24h) it paid out less than its RTP. You might also see something like SRP 40%, meaning it returned no more than 40% of players’ stakes.

Hot slot

  • The same slot with RTP 96% could be labelled Hot. That means over 24h it paid out much more than its RTP. You may even come across slots with SRP as high as 150%. Players who were playing at that time could have received back 150% of their stakes.

What’s the connection with progressive jackpots?

Progressive jackpots are a topic in their own right, but it’s still worth explaining how they relate to Hot & Cold slots. The feelings players experience with Hot & Cold slots and progressive jackpots are very similar.

  • A high jackpot makes many players think it’s β€œdue to drop”, so they feel the urge to play more because of a β€œhigher chance of winning”. A low jackpot, on the other hand, can put players off because they think it still needs to build up.

Jackpots are actually just as random as regular wins in the game. They might not drop for a long time even when they’re at their maximum amount β€” and they can also drop twice in a row even when the amount is low.

Gambler’s fallacy

  • also known as the player’s fallacy, or in English, Gambler’s Fallacy
  • Definition:

    A fairly common phenomenon where people believe that if something happens more often than usual over a certain period, it will happen less often in the future β€” or vice versa.

In the past, the myth was true

First Liberty Bell slot machine

So where did this belief in Hot & Cold slots come from? It couldn’t have appeared out of nowhere. The truth is that the myth does have a real basis. Its roots go back to the days of classic mechanical slot machines.

These old machines didn’t have the modern software used in today’s digital slots. Instead, they had a fixed payout cycle. So spins weren’t truly random β€” they were programmed to pay out after a certain time. If some players were observant enough, they could spot when the right time was to play for the best chance of a win.

That’s how strategies started to appear, and later the idea of Hot machines that were close to paying out, and Cold machines that had just paid out.

In the modern era, it no longer works

With the arrival of the digital world, mechanical slot machines gradually disappeared. The random number generator (RNG) arrived, making slots 100% random. Every spin is completely independent of the previous ones, and there is no fixed payout cycle anymore. But players’ feelings stayed the same, which is why you still come across the Hot & Cold split today.

Tips for choosing slots more wisely

Since the Hot & Cold slots split isn’t particularly reliable, we’ve put together a few tips on how to pick the right slot more effectively, so you don’t lose not only the fun but also your bankroll.

➀ Look for a high RTP

The higher the RTP, the more money you can theoretically get back. The average RTP for online slots generally sits around 96%. A lower RTP isn’t recommended, as it’s disadvantageous for players. If you manage to find a slot, for example, with 98%, you’re looking at an above-average, player-friendly game.

➀ Choose volatility to match your style

Do you prefer frequent smaller wins, or are you happy to wait for a mega win? If you chose the first option, it’s definitely worth checking out low-volatility slots, which tend to pay out more often, even if the wins aren’t as big. For the second option, we recommend looking for high volatility, where you may have to wait a bit longer for that huge win. Of course, there are options in between too. Read more in our article about slot volatility.

➀ Look for your favourite features

Not a fan of classic slots that lack interesting features or symbols? Before you play, always check the settings and see whether the slot will actually keep you entertained, or search for slots that come with your favourite feature built in. That way, you’ll avoid sitting at a slot waiting for something exciting that might not even be there.

➀ Try the demo version

If you’re worried about putting your own money into a slot only to find it doesn’t suit you, try the free slot version first! In demo mode, you don’t need to use real money and you play with virtual credits only. It’s a great way to get a pretty clear idea of what to expect from the slot.

Play the most popular slots for free

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Pros and cons of Hot & Cold slots

Even though we already know that splitting slots into Hot and Cold isn’t a guaranteed way to win, we can still describe their general pros and cons β€” and how players themselves perceive them.

  • Slot popularity - gives players an idea of which slots are currently the most popular and most played.
  • The prospect of big wins - slots labelled as Cold can tempt players with the promise of a big win that’s β€œcoming soon”.
  • They reinforce misconceptions - they encourage players to play certain slots with the idea of guaranteed wins.
  • Quick burnout - slots labelled as Hot can β€œrun out” quickly and stop paying out.
  • Gambler’s fallacy - when playing Cold slots, players may experience the β€œgambler’s fallacy”, believing that after a long losing streak something β€œhas to hit”.

Conclusion

Whether you’re an experienced player or just getting started with slots, it’s important to play sensibly and mainly for fun. Hot & Cold slots are just a myth β€” they don’t guarantee a win, but they can hint at which slots are currently popular. Every spin then comes down purely to chance and your luck.

As for jackpots, they’re just as random. Remember that they can drop for anyone, at any time. It doesn’t matter whether you’re playing for a tenner or just a penny β€” everyone has the same chance.

That’s why it’s important to rely only on your own decisions and a responsible approach (no tricks or magic) to give you a great experience.

FAQ – Most frequently asked questions

  • FAQ – Most frequently asked questions

    β€œHot” slots are considered to be those that are actively paying out wins right now, and players feel they’ll do well on them.

    On the other hand, β€œCold” slots are those that haven’t paid out a big win for a long time. Players still think that after a long losing streak a turnaround has to come β€” which is why they’re popular too.

  • 2️⃣ Do Hot & Cold slots really work?

    No. Unfortunately, all slots run on a random number generator (RNG), not on any patterns. Winning or losing streaks are purely random, and you can’t rely on them continuing.

  • 3️⃣ How can I choose slots better?

    You can choose the right slots, for example, by RTP (return to player) or by volatility, which tells you whether it’s likely to pay smaller amounts more often, or bigger amounts less frequently.

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