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A whole lot has been written about the honesty of land-based slot machines. A good article by Steve Bourie is titled, "Are Slot Machines Honest?" and originally appeared in the 1999 American Casino Guide. (It may be found online by searching for the title in Google or Yahoo!.) Physical, land-based slot machines have a lot of "variations" (being polite) than can deceive the player. As always, they can be all illegal and do not happen. But read the article, closely.
On the contrary, online casino slots use an electronic "random number generator" or RNG, operating inside a really large computer program that manages the game graphics, the player accounts of those who join the game, the statistics of every hand played, plus much more. The random number generator is hard-coded software instructions that don't change. There is absolutely no "sense switch" (see the Bourie article) that may be flipped to give players worse odds. Regarding control parameters, each use of the RNG is equivalent to the final use, and will be the same as the next use. The numbers will come out randomly, although the pattern of randomness never changes. This is a true good thing about software-based fantastic online slot casino (Visit linked.aub.edu.lb) casino slots.
Land-based slot machines also can have payout percentages as low as 83%, which is not true with online casino slots. In online gaming, each machine has the same winning percentage as the other machines. You may see the payout percentages for many online gaming sites, and you will see which it rarely drops below 95% - that is, the house makes a 5% profit, on the average. In reality, most casinos can document that their payout percentages are in the 97% - 98% range. This means that you can spend an hour, gamble your $100 stake about 3 times, and also on the normal it will cost you $7.50. But players do not gamble to be average: the true reward is the well-paying win. And also the high-paying win is balanced, keep in mind, by a number of players who lose and finance that win.
So are online casino slots fair? Yes, they clearly are. The software that operates the games is tested regularly by independent testing laboratories (look for logos at the bottom of the casino website), and no game is individually controllable to be biased. Which is a far cry from the specific situation with land-based slot machines, appropriately called "one-armed bandits".
Players get better odds, they get absolute consistency across all games - but nobody can guarantee a win every time. That's just the nature of gambling, and that is a component of the thrill.
So the next time you want to play a slot machine, even if there's a land-based casino right next door, you are better advised to go to your computer and play the on-line casino slots. They can be a far better bet.