�
An
enterprising American, Charles Fey, began inventing and manufacturing slot
machines in 1894 from his workshop in San Francisco. Fey pioneered many
innovations of coin operated gaming devices, including the original three reel,
bell slot machine in 1898.
This "Liberty Bell" is considered to be the grandfather of all modern American
slot machines as its basic design continues to be used in mechanical gaming
devices today. The simple mechanical devices with three old-style reels holding
20 symbols have evolved into microprocessor-controlled devices with up to five
spinning reels holding hundreds of symbols.
It was during the 1930's that slot machines began to proliferate across the US,
and in the late 40's the infamous Bugsy Siegel added machines to his Flamingo
Hilton hotel in Las Vegas. Originally installed as a way to entertain the wives
and girlfriends of high rollers, revenue from the slot machines soon began
supplanting that of the table games. In the mid 1980's the popularity of slot
machines and table games were on par with each other, but by the 90's slots had
taken over and now account for over two-thirds of casino revenue in the US!
Apparently casino enthusiasts greatly enjoy the spinning wheals and the
excitement of the winning bells!
Slot machines gained their universal appeal in casinos because unlike the other
games, they are played at the pace of the player and don't require the player to
have any skill. Commonly referred to as "one-armed bandits", the goal of the
game is to spin the reels so that the symbols on all reels line up on the
pay line in a winning combination. When this occurs, the slot machine pays out
according to the payoff table posted on its front.
There are many different types of machines, and whether playing a progressive or
a straight slot, players will be faced with a number of choices. Machines vary
on denomination of coins, the number of reels, how many coins to play, and
single or multiple pay lines. And now there are even similar 'Video' Poker
machines based the same idea as slots.
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.
On average, machines operate on a two or three coin maximum. When it comes to
multiple coin playing machines, there are subtle variations. With some machines,
the number of coins played is proportional to the payoff, and with others, the
payoff is more than proportional. Some 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.
When players hit one of the smaller winning combination they will be paid
automatically by the 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.
�