Terms Complexity And Risk In Slot Machines Definitions

  

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The games began to grow in complexity, evolving both in terms of gameplay and visual presentation. A slot machine is a game where reels with symbols spin, and depending on where these symbols. Slot machine bank – like how there is a school of fish, a herd of cows and a sloth of bears, a group of slot machines sat next to each other in row like how they typically are in a casino is known as a bank of slot machines. Auto Spin – Some machines have this feature, which as the name suggests does the spinning for you. You can just set.

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Basic Machines

Terms complexity and risk in slot machines definitions similar Machines with a simple, straightforward payout scheme. Examples: Double Jackpots, Crazy Doublers, Double Diamonds, Mag Sevens, Black Golds, Ten Grands, Blazing Sevens, Flaming Sevens, Home Runs, Red White Blues.

Big Bertha
An oversized machine from the electro-mechanical slots era, characterized by a huge handle, and containing eight to ten reels.

Bonus Feature
Free spins and/or a bonus round available on some machines.

Bonus Multiplier Slots
Machines offering proportionally larger top jackpots when you play max coins. The top jackpot symbol, (usually 7s) pays when max coins are deposited.

Buy-your-Pay
Each coin triggers a specific symbol payout. For example, one coin might trigger cherries to pay while two coins might trigger cherries and bars to pay, and three coins might trigger cherries, bars and 7s to pay.

Slot

Carousel
A group of interlinked slot machines, sometimes on a round platform in the middle of the casino floor.

Coins Size
Coin size is a unit of measure, the denomination or the value of each coin that the machine accepts. If the machine accepts quarters, then the coin size is 25¢ regardless of the number of coins you bet.

Computer Selection Table
The table in the computer chip that contains all possible symbol combinations and provides the designated payout percentage. The spinning reels are simply a visual enhancement; the computer table determines the outcome of each spin.

Credit Meter
Tallies the credits earned rather than dropping coins in the tray after each win.

Double Machines
When designated symbols line up, double machines pay double or triple winnings.

Doubler
A machine that pays double winnings if a designated symbol lands in conjunction with other paying symbols.

Down Slot
The machine has a low average payout.

Drop Through
A coin that drops through to the tray without registering before the spin. Drop throughs can result in a player mistakenly playing fewer than max coins.

Fill
A full hopper.

Full Pay Machines
Machines paying a larger payoff for full-coin pay.

Hopper
The location inside the machine where the money is stored.

Jackpots
The largest prize at any given slot machine.

Liberty Bell
An early slot machine invented by Charles Fey.

Loose Slots
Machines with a higher payoff.

Low Level
Slot machines where players can sit and play.

Max Bet
The maximum number of coins allowed on each spin. Often, you must play the max bet on a machine to qualify for the jackpot.

Mills Slots
The predecessor to modern slots: the first to use standard fruit symbols, the first with a jackpot’invention credited to Charles Fey.

Multi-Line
Slot machines with two or more pay lines.

Multiplier Slots
Machines that pay on a graduated scale. For example, a winner plays one coin and receives 5 coins, pays 2 coins and receives 10 or more coins, etc.

Near Misses
One-half turn of one reel away from a jackpot. The computer selection table can include many near misses for each actual jackpot hit.

Number of Coins Bet
The number of coins bet is always a multiple of the coin size For example, if you’re playing a 25¢ machine and you deposit three quarters or in any manner bet 75¢ on a spin, your number of coins bet is three.

One-Armed Bandit
Popular slang for slot machine.

Onesies
Slot players who bet one coin per spin.

Patterns
Random short-term statistical trends, not to be confused with long-term statistical averages. The short-term trend may be better or worse than the long-term average.

Pay Cycle
The commonly held belief that slot machines run on pay cycles: after taking a certain amount of money, the machine pays out a certain amount of money. This is why people look for a machine that hasn’t ‘hit’ for a period of time. In reality, slot machines pay out on a percentage basis over a long period of time, typically up to one year, not in short-term cycles.

Pay For Play Machines
Slot machines with the option of playing 1-3 coins. Winnings are proportionally higher for each additional coin after the first coin (called a staggered payout).

Pay Line
Usually the line in the center in the window, the line on which the designated symbols must align in order to receive a payout. Some machines have multiple pay lines.

Pay Table
The pay table is the section of the slot machine (usually at the top) that lists all pertinent information about payoffs. It includes the payoffs for each winning combination; any bonus features, and if the max coin bet pays any bonus. Payouts are quoted in number of coins.

Payback
The winnings a machine pays out in relation to the amount of money put in, stated as a percentage.

Payout Percentage
The percentage that the slot machine returns to the player, often calculated over a year’s time.

Primary Jackpot
The big jackpot for any machine’rarely hit.

Terms Complexity And Risk In Slot Machines Definitions

Progressive
Slots offering the largest jackpots. Machines have a base jackpot figure which grows with each coin played. After a jackpot is won, the machine is reset to the base jackpot.

Progressive Jackpot
The top jackpot that grows progressively as more coins are dropped into the machine. Machines are sometimes linked together among several casinos to form a larger combined jackpot.

Progressive Slots
A linked group of slots with a growing common jackpot. The amount of the jackpot depends on the amount of money played in all machines. When a jackpot is won, the jackpot is reset to the low jackpot, where it begins to accumulate again with each coin played.

Reels
Three or more rotating barrels with symbols. The object is to line up the symbols in a winning pattern.

RNG
Random Number Generator. Computerized slots are programmed by the manufacturer to randomly select numbers on a continuous basis whether the machine is in play or standing idle. Each number corresponds to a pattern of symbols, with the fewest numbers corresponding to jackpots. The same chip that generates the numbers is programmed with the slot’s average payout, and determines the generated numbers based on the average payout.

Terms Complexity And Risk In Slot Machines Definitions Glossary

Session
A defined period of time to play the slots or to play on one slot machine, rather than endless play with no built-in goals or stop loss.

Terms Complexity And Risk In Slot Machines Definitions Terms

Short Win
Large jackpot won in a short period of time with a small cash outlay.

Sizzling Slot
A slot with a high payoff.

Slot Placement
The physical location of slot machines, usually mixing tight slots and loose slots, and often placing loose slots in high-traffic locations.

Slot Schedule
Information, such as type of slot, coin denomination and winning amounts, posted on the front of each slot machine.

Slot Testing
System used by slot players. Slot testers play a single roll of coins all the way through without taking any winnings in an attempt to determine the possible payout for the machine.

Slot Types
Two major types: basic, straight, or flat-top, which pays out a static top jackpot, and progressive, which pays out a dynamic jackpot, dependent on coins taken in by a group of linked machines.

Slot-Mix
Mixing loose slots and tight slots according to a slot placement plan. Loose slots are often placed in high-traffic locations to tempt casino patrons and encourage play.

Slots Drop
Amount of money dropped into the slot.

Slots Hold
The opposite of slot payout; this is the percentage that the house keeps.

Sound of Rain
The sound of coins dropping after a payout.

Sputtering Slot
Slot with a low average payout.

Stand Up
Slots that require players to stand while playing.

Static
A jackpot that is pre-determined and does not change.

Straight Slots
Machines that pay out fixed amounts that are posted on the front of the machine.

Symbols
The images on the reel. Symbols can be anything, but often include cherries, lemons and 7s.

Terms Complexity And Risk In Slot Machines Definitions Dictionary

Take Cycle
The opposite of a pay cycle’the belief that the machine will not pay out until taking in a predetermined amount of coins.

Tight Slots
Machines with lower payouts.

Tilt
When a slot machine locks up due to a malfunction, the tilt light illuminates, and an attendant resets the machine. The machine has run out of coins, a coin has jammed, or the hopper is full. If you deposited money or if you won money, the machine has a memory, and the attendant will ensure that you get your winning or get your coin back.

Up Slot
The machine has a high average payout.

Video Machines
A slot machine using video to simulate spinning reels.

Well
The container at the bottom of the machine where winning coins fall.

Wild Symbol
The slot machine equivalent of a joker symbol in cards.

Slot machines these days are highly intuitive by design and very easy for even the non-tech savvy to really get their hands dirty. The learning curve is almost non – existent and you can get a grasp of the basics and how to play after maybe just a couple of demo rounds.

Having said that, if you are serious about your slots and don’t want to be the noob who does not know the what’s what of slots, then you really should familiarize yourself with some of the most commonly used terms in slot machine games and what they mean.

Knowing the right terms will also be beneficial when it comes to understanding and comprehending bonuses, terms and strategies which can all help you pocket a healthy amount of cash just from playing your favourite slot game.

In this article, our objective is to give you the low down on some of the important slot terms in a brief and concise glossary. So, without any further ado, here are some slots terms and definitions that you should know.

Terms You Should Know

  • Action or play – As vague as it may sound, action or play are terms which actually have a very specific meaning in the slot universe. Action actually refers to the total amount of money that has been placed over one sitting or a specific period of time. Many machines which accept club cards themselves have the inbuilt ability to track the amount of money bet or wagered in a session – from the time the card is inserted till you are done playing.
  • Slot machine bank – like how there is a school of fish, a herd of cows and a sloth of bears, a group of slot machines sat next to each other in row like how they typically are in a casino is known as a bank of slot machines.
  • Auto Spin – Some machines have this feature, which as the name suggests does the spinning for you. You can just set the bet per spin and how many spins you want to trigger and just sit back and watch the reels spin.
  • Min Bet – Minimum bet refers to the minimum amount of money that you have to bet per spin. The minimum bet may vary from slot to slot. Some slots for high rollers will have a high value set for minimum bet and may not be ideal for someone just wanting to have some fun without putting too much money on the line.
  • Max Bet – like minimum bet, some slots also have a maximum bet which refers to the maximum amount of money you can wager per spin. You will not be able to place a bet higher in value than the configured maximum bet for that specific slot machine.
  • Bet Max – This is a feature on some slot machines where you can quickly configure the machine to place the maximum allowed bet for the spin. Again, this may not be ideal for someone on a budget just looking for some inexpensive slot fun.
  • Reels – Reels is a word that you will surely come across no matter which slot review you read. Reels refers to the rows in a slot machine game. Some slots have five reels, some have three and some may even have only one.
  • Multipliers – Multipliers are good news, they are featured in most modern slots and are represented by a digit and then the X mark. For instance 2X, 3X, etc. Multipliers will basically multiply your winnings by the digit. A lot of people win really scrumptious amounts of money thanks to multipliers.
  • Wilds – Wilds are also commonly featured in most modern land based and online slot machines. They can be thought of as the slot machine equivalent to the joker card in a deck of cards. However, there may be some variations on the rules and how wilds can used from slot to slot, so make sure you understand how exactly wilds work on the slot you want to play before you get started.
  • Scatters – Scatters, like wilds and multipliers, are a common feature incorporated into most slot machine games. They usually will result in rewards when you find two or more scatters anywhere on the reels even if it is not a winning payline.
  • Bonus Symbol – Could be any symbol which the slot has designated as the bonus symbol. They usually set of instant cash rewards, free spins or some other type of bonus which can be slot specific in nature.
  • Free spins – free spins are a crowd favorite amongst slot machine players. Using free spins, you can actually spin reels without placing a bet at all – so basically, you are not risking anything when you are using free spins and playing slots. No wonder people love free spins! You can make money without having to put any money on the line – what’s not to like?
  • Payline – Sometimes A.K.A betline, this refers to the maximum number of combinations which will result in a win. What you need to remember about paylines are simple – the more the paylines, the more your chances of winnings. So keep that in mind when you are scouting for your next slot machine game.
  • Progressive jackpots – progressive jackpots are slot machines where payouts can be pretty amazing to say the least! This is because every time someone plays on the slot and does to win or cash out, all the money they have spent on it will accumulate into the jackpot and when someone does eventually win – they are going to win big. Here’s a list of some of the life changing progressives worth millions right now that include Mega Fortune.
  • RTP – this stands for Return to Player rate and it is stat which reviewers love to throw around when reviewing a slot machine. It essentially refers to the percentage at which the slot will payout over the life time of its gaming. For instance – a slot could have an RTP of 95%.