We've all heard news about various wins from lottery, poker, and every other possible game available on gaming platforms. And exactly the same applies to slots. The difference between, say poker and slots, is that one is mainly a game of skill while the other is based totally on luck.

But it's possible to win big with everything. While slots constitute roughly around 70 percent of the average US casino's income, the average slot machine or slot game payout is roughly 90%. Although it can vary from anywhere between 75% and 97%. So most of the money people put into slot machines is being paid back to players.

The biggest slot win to date is £13,209,300 and was won back in 2015 in an online twenty-five line online slots game. Not a bad return for money at all. In 2016 an Australian player won AU$10,423,223. In 2009 one Greek player managed to score $8.6 million. One man actually managed to win $8.82 million while playing slots on his mobile device. And these are obviously not the only big slot wins.

While slots is a game of luck, are there any actual strategies that can help you win? Not really. However, as with everything in the world of gambling, you should never bet more than you can afford to lose. At the same time, for the chance to hit the biggest potential payouts, you usually need to play both maximum coins and also maximum paylines.

There are many people out there still believing the hot and cold machine myth, where a cold machine is the machine/game that hasn't paid out for while and hot machine/game is the one that has been paying out a lot. The truth of the matter is that there are no such things as hot and cold machines and whether you can win a jackpot has nothing to do with the fact whether the particular machine/game has recently paid out times and times again or not. Whether the machine has paid out recently or not, doesn't matter at all, the machines/games have always the same chance of paying out during your next spin.

So the next time you decide to play slots, there are just a few main things to keep in mind. Firstly, only play with money you can afford to lose, just to be on the safe side. Secondly, it's always helpful to read the small prints and full information about all the games you're about to play (for example, you can read the Lucky Lady's Charm deluxe review here), just to make sure you're as likely to win than you should be. You probably don't want to play on a machine/game that pays out just 75% while a 97% is a very good percentage already.

And the main thing, have fun while playing the slots!