Slot Machine

A slot machine is known from many names. There are different names to define a slot machine. For instance it is called fruit machine in British language, piggy in Scottish language and pokies in Australian language. Slot machine is basically a gambling machine with three or more reels which spins when a button is pushed. Slot machines are also known as one-armed bandits because they were originally operated by one lever on the side of the machine, as distinct from a button on the front panel.  Many modern machines are still equipped with a legacy lever in addition to the button.

(Slot Machine: American English)

Terminology:

Bonus is a special feature of slot machine, which activates when certain symbols appear in a winning combination. Bonuses in slot machines vary depending upon the game. Some of the bonus rounds in slot machines are a special session of free spins, often with a different or modified set of winning combinations as the main game, and often with winning credit values increased by a specific multiplier, which is prominently displayed as part of the bonus graphics and animation. In other bonus rounds, the player is presented with several items on a screen from which to choose. As the player chooses items, a number of credits is revealed and awarded. Moreover some machines feature two or more of these bonus styles as part of the same game.

Pay Table:

Each slot machine has a table that lists the number of credits the player will receive if the symbols listed on the pay table line up on the pay line of the machine. Some symbols are wild and can represent all of the other symbols to complete a winning line. Most video machines display the pay table when the player presses a “pay table” button or touches “pay table” on the screen. Some have the pay table listed on the cabinet as well.

slot machine
(Diamond wild slot review: Pay table)

Payout percentage:

Slot machines are typically programmed to pay out as winnings 82% to 98% of the money that is wagered by players. This is known as the “theoretical payout percentage.

Nevada 75%
Mississippi 80%
New Jersey 83%

This is the minimum payout of Slot Machines.

Fraud:

The Mechanical slot machines and their coin acceptors are sometimes susceptible to cheating devices and other scams. The Modern slot machines are controlled by E PROM computer chips and, in large casinos; coin acceptors have become obsolete in favor of bill acceptors. These machines and their bill acceptors are designed with advanced anti-cheating and anti-counterfeiting measures and are difficult to defraud

Jackpot Errors:

The malfunctioning electronic slot machines are capable of indicating jackpot winnings far in excess of those advertised. Two such cases occurred in casinos in Colorado in 2010, where software errors led to indicated jackpots of $11 million and $42 million. Analysis of machine records by the state Gaming Commission revealed faults, with the true jackpot being substantially smaller. State gaming laws do not require a casino to honor payouts.

The slot machine is the important part of any Casino. Without slot machine gambling becomes very difficult. In short we can say that slot machines is the way to gamble.

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