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> About Modern Slots Payout Schedule
A special feature of the particular game theme, which is activated when certain symbols appear in a winning combination is called Bonus. The player can choose from several items shown on a screen. As the player chooses items, a number of credits is revealed and awarded. A mechanical device, such as a spinning wheel is used by some bonuses. It works in conjunction with the bonus to display the amount won.
A light on top of the slot machine is Candle. It alerts the operator that change is needed, hand pay is requested or there is a potential problem with the machine.
Carousel refers to a grouping of slot machines, usually in a circle or oval formation.
Coin hopper contains the coins that are immediately available for payouts. The hopper is a mechanical device that rotates coins into the coin tray when a player collects credits. A coin diverter is used to redirect excess coins into a drop bucket, or drop box when a certain preset coin capacity is reached.
Credit meter is used for displaying the amount of money or credits on the machine.
There is a container located in a slot machine's base that is used to divert excess coins. It is generally used in low denomination slot machines. High denomination slot machines use a drop box. A drop box contains a hinged lid with one or more locks whereas a drop bucket doesn't contain a lid. The casino collects and counts the contents of drop buckets and drop boxes.
EGM is a short-hand for Electronic Gaming Machine.
A payout made by a slot attendant or cage, rather than the slot machine is Hand pay. A hand pay occurs when the amount of the payout is more than the maximum amount that was preset by the slot machine's operator. At the level where the operator must begin to deduct taxes the maximum amount is set. A hand pay can also be a result of a short pay.
Hopper fill is a document used for recording the replenishments of the coin in the coin hopper after it becomes depleted as a result of making payouts to players. The slip indicates the amount of coins placed into the hoppers, the signatures of the employees involved in the transaction, the slot machine number and the location and the date.
Low Level or Slant Top slot machines include a stool so you can sit and play. Playing Stand Up or Upright slot machines you won't be able to sit.
A payback percentage based on a gambler using the optimal strategy in a skill-based slot machine game is called Optimal play.
The term Payline is used to denote a straight or zigzagged line that crosses through one symbol on each reel, along which a winning combination is evaluated. There are up to nine pay lines in classic spinning reel machines while there can be one hundred pay lines in video slot machines.
Rollup is the process of dramatizing a win by playing sounds while the meters count up to the amount that has been won.
Short pay refers to a partial payout made by a slot machine, which is less than the amount due to the player. If the coin hopper has been depleted as a result of making earlier payouts to players the short pay happens. In this case the remaining amount will be paid as a hand pay or an attendant will come and re-fill the machine.
Theoretical Hold Worksheet is a document provided by the manufacturer for all slot machines. Basing on adequate levels of coin-in it indicates the theoretical percentage that the slot machine should hold. The worksheet also indicates the reel strip settings, number of coins that may be played, the payout schedule, the number of reels and other information.
Weight count is an American term, referring to the dollar amount of coins or tokens removed from a slot machine's drop bucket or drop box and counted by the casino's hard count team through the use of a weigh scale.
Slots are very easy to play. Playing slots gives you an opportunity to win much money. The main feature of all slots is that they work with the help of RNG. RNG is a Random Number Generator. RNG is a microchip, which is constantly churning out thousands of numbers a second. RNG churns the numbers even if nobody plays. When you hit a spin the machine takes the next number out which it then translates into the position which the reels should stop at, and whether you have won or not! Make out for yourself how much you can afford to spend for one go. If you can afford it make maximum bets. Maximum bets give you an opportunity to get the maximum payout, which for some slots is the jackpot. The type of the slot machine determines the payout.
The first gambling machine, on which all modern slots are based, was invented by Charles Fey in 1887. Instead of symbols we have now there were regular playing card symbols. The gambling machine consisted of three mechanical reels and a lever. The lever had to be pulled to make the reels move. It was Charles Fey who offered the first slot machine to the public. The first slot consisted of three mechanically spinning reels. There were ten pictures (cards) on each reel. The combination of three equal cards was considered to be a winning combination. In 1889 there appeared slots, which gave an opportunity to win the jackpot. Fey’s first slot machine was called the Liberty Bell. Then slots were played mostly by women. Women played slots while their men gambled. Later gambling was forbidden for some time. There appeared so-called “Liberty Bell Gum Fruit” slots. With “Liberty Bell Gum Fruit” people could buy a chewing gum and as a bonus they got an opportunity to have a spin. Pictures of different fruits were used as the symbols. At the end of the 20th century computerized slots and video poker machines appeared. Modern slots are much easier to use. Gamblers push the button and the game starts. Nowadays gamblers can play slots at the comfort of their home.
There are many types of slot machine configurations but all work according to the same principles - put the money in the slots and pull the handle! The main classification of slots distinguishes two types of slots: straight and progressive slots. The main feature, which distinguishes straight slots from other types is that you get paid according to the payout table, which is shown on the slot machine. Straight slots in their turn can be divided into multiplier, bonus multiplier, multiple payline and buy-a-pay slots. The bet amount determines the sum of the payout in multiplier slots. The main feature of the bonus multiplier slots is a bonus round, which is activated if you make maximum bets. The principle of multiple payline slots is that the number of enabled payline depends on the number of coins bet. The Buy-a-Pay slots are profitable only if you place maximum bets. Progressive Jackpot is the main characteristic of the progressive slots. Progressive jackpot grows with each coin being bet. You can see the sum of the jackpot above the slot machine and it can be huge.
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