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Slot machines (or Fruit Machines as they are more commonly known in the UK) are a familiar sight in pubs and clubs where gambling is permitted across the globe and can rightly claim the crown as the most popular gambling method to be found in casinos. (Research into gamblers’ habits has shown that over two thirds of an average casino’s income is derived from its Slots!)
Although the machines to be found in real-world venues and replicated in online casinos are wonders of hi-tech computer control, the origins of these modern consoles stretches back to 1887 when Charles Fey debuted the first gaming machine recognizable as a three reel ‘Slot’ in San Francisco. Although things have come a long way since then, one thing that has been carried over from these early purely mechanical machines is their less-than-flattering nickname – ‘One Armed Bandits’ - earned because of the traditional appearance of machines with their single spin lever and the apparent ease with which they could empty a gamer’s pockets!
Thankfully the ‘bandit’ element of Slots is more perception than reality, as Slot machines in licensed venues must payout a certain minimum percentage established by law in the jurisdiction under which they are operating. For example, the minimum payout percentage in the US jurisdictions of Nevada and New Jersey is 75 percent and 83 percent respectively. In practice many reputable land-based casinos programme their Slots to pay out at rates between 82 and 98 percent, and with competition so keen online you’ll find Internet casinos usually have extremely attractive payout rates, endorsed by independent auditors.
To learn more about playing Slots online and the conventions of progressive jackpot games please click the relevant tabs above |
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