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Types of Slot Machines
There are basically two types of slot machines: flat tops or
straight slots, and progressives. These slot machines are essentially the same,
but for one feature: flat tops will pay the winner a predetermined amount,
whereas progressive slots have a jackpot that grows by a percentage of each coin
played. Oftentimes a number of progressive machines feed into one jackpot where
any machine in the group can win, and the jackpot grows into an astronomical
amount. These groupings can be a number of slot machines in one casino, or can
be tied to all of the same slot machines in a whole state. Progressive machines
can be identified by flashing electronic payoff signs displayed either on top of
the slot machine or above a grouping.
There are many different types of slot machines, and whether playing a
progressive or a straight slot, players will be faced with a number of choices.
Slot Machines vary on denomination of coins, the number of reels, how many coins
to play, and single or multiple pay lines.
Since the quarter and dollar machines are most popular, they can be found in
many areas on the casino floor. Nickel machines can still be found in small
pockets, depending on the casino. For the high-rolling player, casinos have
instituted $5, $25, and $100 machines segregated to special VIP areas. These
machines require the use of custom coin tokens or cash bills.
The most common slot machines have three reels, but casinos do offer slot
machines with four or five. When it comes to the odds of winning what is most
important are the number of reels a slot machine has, and how many symbols are
displayed on each reel. Essentially, the greater the number of reels and
symbols, the harder it is to hit the jackpot or any other winning combination.
The number of symbols on each reel is programmed into the computer that operates
the slot machine, and the actual number of symbols depends on the size of the
jackpot that the machine offers. The reason for the programmed symbols is to
make the jackpot rare enough that the slot machine will generate enough money to
pay for the jackpot and yield a profit for the casino. Most slot machines are
set to pay out anywhere from 83 to 98 percent of the coins that are played in
the course of a pay cycle.
On average, slot machines operate on a two or three coin maximum. When it comes
to multiple coin playing slot machines, there are subtle variations. With some
slot machines, the number of coins played is proportional to the winning payoff,
and with others, the winning payoff is more than proportional. Some slot
machines don't even pay a jackpot on one coin, and the three-coin jackpot often
pays 150% of a two-coin win. In this case it is best to play the maximum number
of coins.
The standard slot machine has one pay line, but three pay lines are not that
uncommon. For multi-lined pay lines, a coin has to be played for each pay line
in order to get paid for a win.
When players hit one of the smaller winning combination they will be paid
automatically by the slot machine. The larger jackpots however, will be paid out
directly by a casino employee who is notified by a light on the top of the
machine. Each casino's slot payoffs will vary.
Hint: Casinos often place their most liberal machines where they are
likely to attract the most attention !
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