Google

The Slot Machine


The very first slot machine (called 'Liberty Bell') was created by a man called Charles Fay from his workshop in San Francisco in 1887. Slightly smaller than today's average slot machines, Liberty Bell contained 3 reels and 20 symbols and operated pretty much in the same way as today's slot machines. Within a relatively short period of time, Fay's creation became so popular and successful that he began to work overtime in his workshop to meet the demand for his slot machines. Capitalizing on their success, Fay rented the machines to gambling establishments at a 50% commission rate, refusing to sell the manufacturing and distribution rights of his slot machines to gambling manufacturers.

In 1907, Herbert Mills, a Chicago manufacturer created 'Operator Bell', a slot machine similar to 'Liberty Bell' in design. Produced and distributed at a greater rate than Fay's 'Liberty Bell', the 'Operator Bell' slot machines experienced even greater success and by 1910, slot machines were very common in the United States of America. As soon as slot machines had reached a new peak in popularity and became common throughout the USA, new laws were introduced and passed to ban slot machines. In spite of this, slot machines continued to be popular throught America during the 1920s and 1930s. During the late 1940's, Bugsy, a well known gangster, added slot machines to his Flamingo Hilton hotel in Las Vegas where the profit from slot machines eventually exceeded that of table games.

The objective of the slot machine is to try and spin a winning combination of symbols on the payline.

There are basically two types of slots.

Straight Slots: A Straight slots jackpot will remain at a set amount of money until it is won, after which it resets and starts over again at that same amount. For example, a straight jackpot may be set at $20,000 and will remain at $20,000 until it is won, no matter how many coins are deposited into the slot machine.

Progressive Slots: On the other hand, the amount of money that may be won playing progressive slots is determined by the amount of money deposited into the machine. Thus the progressive jackpot continuosly increases with each player until it is won.

To play straight or progressive slots, the player deposits a coin or set of coins into the slot machine and selects the number of coins to bet per spin. The player may then either press the 'Spin' button or pull the arm of the slot machine to spin the reels. Once the reels stop spinning, the player will either win or lose that spin. Whether the player wins or loses, he may 'Cash Out' his share of money from the machine or continue to play.

Today, slot machines are amongst the most popular games found in casinos, accounting for over 30% of casino profit. This is due to a number of reasons.

(1) Slot machines are very easy to play and require no real test of skill or knowledge. A player simply deposits coins into the machine and presses a button. Once the reels stop spinning, the machine will alert the player if the winning combination is struck or not.

(2) There is no pressure to play against or interact with other players as one may do in games such as Roulette, Blackjack, Baccarat and Poker.

(3) There is no risk of someone trying to cheat during the game or of the dealer making an honest mistake during a bet.

(4) There is no time frame for one to make the next move. A slot machine may be played at one's own pace without the player feeling the need to hurry because someone else is waiting for his/her turn.

(5) The game is played with real money and not casino chips. This makes the game much more exciting in the sense that the player has the opportunity to gamble with real currency.

(6) The payout is instant and can sometimes run into the thousands of dollars, especially if one is playing progressive slots.

For these set of reasons, the slot machine is currently one of the most popular games found in a casino.

Adel Awwad is the webmaster of Free Casino Cash Guide.


MORE RESOURCES:

RELATED ARTICLES


The Rise Of Online Poker And Why This Could Spell Disaster For The Inexperienced Gambler
The growth in online poker has been phenomenal over the past two years with the industry more than tripling in size to a staggering $1.5 billion.
Texas Holdem Tournament Strategy - Poker Tournament Fundamentals
This is the second in the Texas Holdem Strategy Series, focusing on no limit Texas Hold'em poker tournament play and associated strategies. In the first installment, we examined a real-world tournament scenario and how to handle a particular class of difficult players - the "maniacs", aggressive, wild players that are commonly encountered in today's poker tournament venues.
The Healthy Gambler
In our day and age gambling is very popular. The problem is that many still see it as being wrong.
An Easy Way to Become a Good Blackjack Player
Learning to play the game of casino Blackjack reasonably well is not rocket science, regardless of what the dozens of books on the subject would have you believe.Playing professionally at the expert level, as is true of any game, is indeed complex and takes years to perfect.
Roulette - The Basics
Roulette is actually one of the simplest games in the casino to play, despite the busy- looking table and multiple colors of chips used. The pace is fairly relaxed compared to blackjack and positively glacial compared to craps.
Video Poker: Why People Lose More Than They Should
Ask any casino executive and they'll tell you that video poker is a real money maker for the house. Yet, many video poker games feature a house edge of less than one percent, and others still can actually yield over a 100% payback if the player uses an optimal playing strategy.
World Series of Poker Mania
The popularity of the World Series of Poker gained tremendousmomentum from The Travel Channel's World Poker Tour showings. Although the event had been showing for a number of years on ESPN, when new technologies such as the table camera were used,television watchers began getting involved in the hands as they were being played.
10 Tips That Will Give You Unfair Advantage At The Poker Table When Playing Texas Holdem Poker
Playing poker and winning is a very difficult task to do, you can lose most of the times specially if you don't know the little dirty psychology secrets that anybody playing poker for real has to understand.1.
Craps 101: What You Need to Know About
Alternatively called as Hazard, Craps has been here since centuries. Now the game has been brought to the visitor's PC.
2005 AFC East Football Preview
In the AFC East I expect to see the Patriots drop off a bit, but not much, the reason for the projected drop off is mainly due to the fact that the Patriots will be without the services of offensive coordinator Charlie Weis and defensive coordinator Romeo Crennel, both have moved on to head coaching positions, Weis with Notre Dame and Crennel with the Cleveland Browns. Eric Mangini is the new defensive coordinator, while Bill Belichick will be calling the plays on offense himself.
Roulette basics
James bond plays it and so does a large part of America. A table a wheel which has about 37-38 pockets many pockets where the ball must land after it is spun by the croupier.
Tips to Win at Poker
The following are guidelines only and although they are intended to help you win more often we cannot offer any guarantee. These guidelines are mainly for pot-limit draw poker (when the maximum raise is the amount of money in the pot):1.
My Official Cheapskate Guide to Las Vegas
TRAVEL- The following is my penny pinchers guide to Las Vegas. The best way to cut your vacation costs is to travel cheap.
Online Gambling Basics
Poker, black jack or any other casino game with a real fancy name, any lay man acquainted with the web knows that these are only a click away. Online gambling industry today is one with the highest growth rate.
Online Gambling
Online gambling is hot. In fact there are websites popping up everywhere with new gambling options.
Online Poker Chips Away At Sexual Stereotypes
Women are being increasingly attracted to the excitement of online poker. Many professional women now shop extensively online and it's natural that they should explore other ways of having fun and spending their money online.
How to Play Online Roulette
Maybe you haven't played online roulette before, or you are contemplating making the move from the good old casino roulette to online roulette. Or maybe, your story is that you can't afford to fly to Vegas as often as you might like.
Gambling Stories 101
A win at a gambling table can be fun narrating. The gambling is being popularized by word-of-mouth technique as there are many who have such success stories to share with the aspirants.
The Secret of Pushing the Pass Line
Pssst..
Sports Betting Portfolio Management
The subject of financial investment is such a wide and varied area. We all know (or should know), that investing surplus funds is a sound idea; nothing new there.