What is a slot: definition and history of appearance

1. Slot definition

Slot (from the English. "Slot machine") is a slot machine in which the player bets, starts spinning the reels and wins when certain characters match on active paylines.

The main characteristics of the slots:
  • Reels (mechanical or virtual) with various symbols.
  • Paylines are fixed or configurable combinations of items for which winnings are evaluated.
  • Bet - the amount that the player places in one rotation. Can be an absolute value or a multiplier of the nominal value of credits.
  • RTP (Return To Player) - mathematical expectation of return to the player, usually in the range of 90-98%.
  • Volatility - degree of risk: low (frequent small wins) or high (rare, but large).

2. Design and principle of operation

1. Random Number Generator (RNG)

Responsible for generating the result of each rotation independently and unpredictably.
Generates a sequence of numbers with a uniform distribution; each number is "bound" to a character and position on the reel.
2. Reels and Symbols

Previously - physical metal drums with applied symbols.
Now - virtual drums on the screen; the number of characters and their distribution is set programmatically.
3. Paylines and rules

Payouts are awarded for combinations of matching characters on active lines; often there are additional bonus symbols (Wild, Scatter, etc.).
The paytable shows the rate multipliers for each combination.
4. Player interface

"Spin" button or mechanical type lever.
Bet size settings, line numbers, automatic play.
Displays balance, bet, last winnings.

3. History of slots

YearEvent
1891The first Sittman and Pitt machine: a five-reel poker card mechanism in New York salons.
1895Charles Fey creates Liberty Bell with three drums and five symbols (peaks, hearts, diamonds, clubs, Liberty Bell). The machine paid up to 50 cents.
1907-1910Appearance of fruit machines: symbols of fruits and bells, payment with chewing gum or tokens.
1963The first Bally "Money Honey" electromechanical slot is a machine without a physical coin acceptor, with electronic mechanisms that allows you to put several coins and issue automatic payments of up to 500 coins.
1976Appearance of the first Fortune Coin video slot in Las Vegas with a video camera and screen instead of drums; winnings were issued manually.
1986IGT's first all-digital RNG slot - changing symbols and paylines without mechanical parts.
1996Appearance of online slots with the release of the first online casino Microgaming. You could play through a web browser.
2004-2010Development of Flash slots, introduction of bonus rounds, progressive jackpots, 3D rendering methods.
2012-2020Mobile slots - adaptation for smartphones and tablets, HTML5 technologies, "payment methods" with cryptocurrency. Integration of social functions and tournaments.
2021-2025VR/AR slots, blockchain slots with transparent RNG, NFT rates, personalization through machine learning.

Brief milestones of evolution

Mechanics → Electronics → Software
Coins → Tickets/Jackpot cards → Fiat and cryptocurrency accounts
Fixed Lines → Dynamic 243 Ways and Cluster Pays
Standard symbols → Interactive bonus games and mini-quests

4. Meaning and current state

Entertainment format: simplicity and speed of gameplay.
Security technologies: licensing, RNG certification, encryption algorithms.
Regulation: government licenses, age restrictions, responsible play programs.
Market: the annual volume of bets in slots is tens of billions of dollars; industry leaders - IGT, Scientific Games, Playtech, NetEnt, etc.

Conclusion
Slots went from simple mechanical devices of the late 19th century to complex digital systems with virtual reality and blockchain. Today it is the most massive and technologically advanced segment of money games, where the basis is an honest and verifiable random number generator, and evolution takes place thanks to digitalization, new interfaces and regulatory requirements.

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