Slot Terms: General I.
As an intelligent slots player, you should begin your slots educational journey with some slot terms:
RNG: Random Number Generator, a computer chip placed inside the slot machine by the manufacturer which randomly selects hundreds of numbers and symbols every second, faster than you can pull that handle or push that spin button; working even when the machine is idle. Each number corresponds to a certain symbol combination that is randomly chosen after the first coin is dropped or credit played. Fewest programmed combinations are for the top jackpot. This program computer chip is also designed to determine that particular slot’s average payout %.
No slot machine will pay back its preset payoff percentage rate every time. because the final outcome of every spin is randomly selected.
Reels: number of wheels/reels showing on slot with symbol combinations imprinted: usually three, but some slots have five.
Slot Schedule: posted information on front of slot tells you what type of slot, denomination and win amounts possible for each coin played. Read this!
Loose/Tight slots: Loose slots will have better payoffs to a ‘certified’ high of 100%, on average over a period time. A machine will have a symbol; let’s say 2-3 cherries, which pay a couple of coins.
These cherries will replace a symbol that doesn’t pay, and presto you have a loose machine. Reverse this procedure for a tight slot. In other words, the more paying symbols a machine has, the greater the probability of payouts - thus a loose slot.
Up/Down Slot Cycle: Slot’s average payoff percentage rate applies over the long haul, as long as one year. Therefore, a slot with a 98% payoff percentage rate will sometimes pay off at 130% and other times at 50%...sometimes at 28% and other times at 502%. The lower percentages indicate a down cycle and the higher numbers an up cycle. Also known as Sizzling/Sputtering Slot.
Slots Drop/Hold: Drop: amount of money through the slot. Hold: amount not paid out as wins; these two numbers determine slot’s payout %.
Slot Testing; playing through a single roll of coins without using accumulated credits to determine possible payout % for selected slot.
Slot-mix or Slot Placement: Generally, the loosest slots are placed in high-traffic areas where other people can see other players winning often. Important to analyze a slot’s location, in other words -- crack that slot-mix code -- start at the main cashier/change booths in the casino.
Basic, straight or “flat-top” slots have a constant top jackpot payout that does not change no matter how much the machine is played.
Multiplier Slots pays for certain symbols on a graduating scale. On a three reel, you get 5 coins for a “cherry” playing 1 coin, 10 pay for 2 coins and 15 pay for 3 coins. The payouts for playing 1 coin are much smaller than if you played maximum coins. “Onesies” players stop here.
Bonus Multiplier Slots offer larger top jackpots as incentive to play max coins. The top jackpot symbol, e.g. 7’s will only pay with max coins. This is important for those players who have lined up winning 7’s only to find their single coin bet did not win. Fess up folks, we have all
done this; be forewarned.
Class dismissed, onward to those ‘raining’ slots...
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