How do online slots work?
So I've been playing casually for a few months and realized I have zero clue what's actually happening when I spin. Like I get that it's random but HOW random? Is every spin completely independent or is there some kind of cycle going on?
I keep hearing people throw around terms like RTP and volatility but nobody really explains what they mean in practice. Does a 96% RTP mean I get back 96 cents for every dollar I put in? Because that's definitely not my experience lol.
Also the whole "due for a win" thing - my gut keeps telling me a machine that hasn't paid out in a while is about to hit, but I'm guessing that's just my brain lying to me?
And what about the difference between a spin landing one symbol away from a jackpot vs nowhere close - does that near miss actually mean anything mathematically or is it just the game making me feel like I almost had it?
Not looking to find some loophole or anything, just want to actually understand the mechanics so I stop making decisions based on vibes. Feels weird putting real money into something I don't understand at all.
If anyone works in the industry or just genuinely knows how the RNG side of things works, would love a real explanation rather than the usual "it's just luck bro" response