it's much the same with the auto bet feature of Dice IMO, eapecially when it hits ground ZERO of losing, though in Dice there are much more.possibility that you'll lose than the slots just because we're looking for patterns.
Looking for patterns and thinking that we are winning because i could figure out the patterns, this happened to me when i started playing online and busted a lot of nuts, in the beginning i was winning a lot and i thought i just identified how things work in an online casino as i could understand the pattern after a few rolls and i win a lot of coins in the start and these pattern ideas will work as long as you are winning and once you start loosing you will understand you figured out shit 
. Winning is pure luck and nothing else.