History of Slot Machines
The history of slot machines.
Slot machines started off in 1887 when an American man named Charles Fey created the Liberty Bell machine – a simple three reels and five symbols slot which incorporated the Liberty Bell as one of its main symbols. In order for the reels to spin, the player must pull a lever. This mechanism sprouted the term one-armed bandit, which the machines have often been referred as.
Over time, these games have become more sophisticated and went electronic. This means that the spins are not triggered by the pull of a lever, but now with just a push of a button. Slot machines have gathered attention and have been adopted into modern casinos, bringing in approximately 60% of the gambling revenue in the US.
Technology and the role it played.
With the sudden spike and advancement in technology, slot machines have expanded to enter the digital online world, giving players an entirely different arena to play in and explore.
With this recent addition, there are now two major types of slots available to players: land-based slot machines and online slot machines.
Land-based slots remain extremely popular amongst casinos and it is rare to enter one without spotting several lined up alongside each other. When it comes to the world’s most famous and frequented casinos, land-based slots are the blood which fuels the economies in Macau, Las Vegas, and Monaco. The benefits of land-based slots are numerous. Players can relish in the saturated and atmosphere of the casino and the entire gambling scene. Going to visit your favorite land-based slot can be a rewarding social experience and feel authentic as all your senses become activated.
On the contrary, the hype of online-slots are skyrocketing. With this shift, slots are able to incorporate more interesting themes with multiple language support and multiple currencies. Players are also enjoying the freedom of being able to access these games from the comfort of their homes, have less distractions when playing, not having to worry about a dress code, and being able to take part in free training rooms within the game itself.
How do slot machines work?
Modern slot machines function on a computer program which randomly selects the winning combinations (also called a random number generator - RNG). The machine can come with a minimum of 3 reels which will display symbols, and the reels will stop on the chosen automated number. The main idea is to get a winning combination to line up the three (or more) symbols on the reels.
How much money could you get back from the machines? Return to Player (RTP) is a term that casinos use to describe the percentage a game pays out to players over time. It also lets you know how much money the casino is taking and what the house advantage of the game is. For example, a slot with 95% RTP will pay out $95 for every $100 wagered. This means that the casino is taking $5 for every $100 that the players put in.