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From simple poker machines and Liberty Bells of the 19th century to modern online slots, they have always attracted players from all over the world.
The first slot machine was designed in by Sittman and Pitt, a Brooklyn-based company. It contained five reels with 10 symbols each.
The symbols were based on poker cards, as well as the winning hands. For a nickel, players would play a spin, hoping for a winning poker combination.
For a simple pair, you could get a free beer. A royal flush would get you dinner and drinks. Each establishment offered prizes based on what they could offer.
The number of combinations was so big that it was almost impossible to devise a machine that could handle direct payments.
Realizing the problem, Charles Fey of San Francisco came up with a much simpler design in Many modern manufacturers still use these slot machine symbols, although fruit symbols are also widely popular.
They were horseshoes, diamonds, spades, hearts, and a Liberty Bell, for which the machines were named. The ease of use created massive popularity and even after they were banned in California a few years later, Fey had trouble meeting the demand.
It is hard to imagine any famous Las Vegas casino without rows of them lining its halls. There are still many three-reel slots available in land-based casinos but they are there mostly for their nostalgic value.
Modern technology is fast replacing the three-reels. These were once the new generation of slot machines. The extra reels offer more symbols, combinations and paylines.
The payout schedule increases because the machine takes in more money as players bet on more paylines.
Both three-reel and five-reel slots have themes. The five-reel slot allows the themes to be more developed. Every casino, both land-based and online, has progressive slots.
On a progressive machine, a small percentage of every bet is diverted to the progressive jackpot pool. The progressive jackpot keeps growing until someone wins it.
Often many slots are networked and each "contributes" to the jackpot. Online, the network could include bets being made all over the world!
Usually, you are required to bet the maximum number of coins for the machine to qualify for the progressive jackpot. Because some of the bet is channeled to the progressive jackpot, the payouts for other winning combinations are less than they would otherwise be.
Players who play progressive jackpot slots should accept the lower payouts for regular wins and play the maximum number of coins to qualify for the lucky life-changing jackpot.
Some progressive jackpots reach one million dollars or more. These jackpots take longer to grow and are harder to win.
However, there are smaller progressive jackpots that are being won every day! These slots multiply the payout depending on how many coins you bet.
The multiplier normally pays 1x for one coin; 2x for two coins; and 3x for three coins. These slots pay out an extra bonus when you win after you played the maximum number of coins usually three.
The reason is that single coin machines do not provide much profit in comparison to other types of slot machines. This type of slot machine can be found in old casinos where people can enjoy playing.
This is a machine in which people can use more than one coin. The payout will be given based on the coins used by a player. This machine was introduced in by Bally.
The machine was introduced to allow people to place big bets. There are many winning combinations and the payout is given proportionately. A payout can be very large and it depends on the maximum bet placed by a player.
This type of slot machine has become very common and can found in most casinos. This is a tricky machine but not very complicated to understand.
The payout table helps the people to know whether a machine is a buy-your-pay machine or not. The machines have the capability of accepting coins in the range of one to five.
The winning depends on the number of coins that a player has used in the machine. There are different winning combinations and the players are paid according to them.
At one time, most slot machine games had a fixed top jackpot. They offer a lower prize for the big winner, but the chances of winning that big prize are far better than the chances of winning a progressive jackpot.
A progressive slot machine has a jackpot that increases over time. This is usually a tremendously large jackpot, on a par with what someone might win playing the lottery.
Progressive slot machines can be subcategorized even further. There are progressive slots which have a jackpot that is unique to an individual machine—these are called standalone progressives.
Local area network jackpots, on the other hand, have multiple machines in a single casino, all of which share a single jackpot. These are also quite common.
Wide area progressives are linked across multiple casinos. These have the largest jackpots, because theoretically, a huge number of players are contributing to the jackpot every time they spin the wheel, no matter where they are.
Online slot machine games are played on your computer via the Internet. These games work in a similar manner to traditional Vegas-style slots, but the money is all handled over the Internet, too.
Online slots offer distinct advantages and disadvantages over their land-based cousins. One of the big advantages is that the payout percentage for online games is often higher.
A loose game is one that pays out more money more often, while a tight game is just the opposite. You can find a variety of opinions on the matter at various Internet gambling forums, though, especially when it comes to online games.
Traditional slot machine games have one payline—right across the center of the three reels. If the symbols make certain combinations, the game pays out.