By Adel Awwad
The very first slot machine (called
'Liberty Bell') was created by a man called Charles Fay from his workshop
in San Francisco in 1887. Slightly smaller than today's average slot machines,
Liberty Bell contained 3 reels and 20 symbols and operated pretty much
in the same way as today's slot machines. Within a relatively short period
of time, Fay's creation became so popular and successful that he began
to work overtime in his workshop to meet the demand for his slot machines.
Capitalizing on their success, Fay rented the machines to gambling establishments
at a 50% commission rate, refusing to sell the manufacturing and distribution
rights of his slot machines to gambling manufacturers.
In 1907, Herbert Mills, a Chicago
manufacturer created 'Operator Bell', a slot machine similar to 'Liberty
Bell' in design. Produced and distributed at a greater rate than Fay's
'Liberty Bell', the 'Operator Bell' slot machines experienced even greater
success and by 1910, slot machines were very common in the United States
of America. As soon as slot machines had reached a new peak in popularity
and became common throughout the USA, new laws were introduced and passed
to ban slot machines. In spite of this, slot machines continued to be popular
throught America during the 1920s and 1930s. During the late 1940's, Bugsy,
a well known gangster, added slot machines to his Flamingo Hilton hotel
in Las Vegas where the profit from slot machines eventually exceeded that
of table games.
The objective of the slot machine
is to try and spin a winning combination of symbols on the payline.
There are basically two types of
slots.
Straight Slots
A Straight slots jackpot will remain
at a set amount of money until it is won, after which it resets and starts
over again at that same amount. For example, a straight jackpot may be
set at $20,000 and will remain at $20,000 until it is won, no matter how
many coins are deposited into the slot machine.
Progressive Slots
On the other hand, the amount of
money that may be won playing progressive slots is determined by the amount
of money deposited into the machine. Thus the progressive jackpot continuosly
increases with each player until it is won.
To play straight or progressive slots,
the player deposits a coin or set of coins into the slot machine and selects
the number of coins to bet per spin. The player may then either press the
'Spin' button or pull the arm of the slot machine to spin the reels. Once
the reels stop spinning, the player will either win or lose that spin.
Whether the player wins or loses, he may 'Cash Out' his share of money
from the machine or continue to play.
Today, slot machines are amongst
the most popular games found in casinos, accounting for over 30% of casino
profit. This is due to a number of reasons.
(1) Slot machines are very easy to
play and require no real test of skill or knowledge. A player simply deposits
coins into the machine and presses a button. Once the reels stop spinning,
the machine will alert the player if the winning combination is struck
or not.
(2) There is no pressure to play
against or interact with other players as one may do in games such as Roulette,
Blackjack, Baccarat and Poker.
(3) There is no risk of someone trying
to cheat during the game or of the dealer making an honest mistake during
a bet.
(4) There is no time frame for one
to make the next move. A slot machine may be played at one’s own pace without
the player feeling the need to hurry because someone else is waiting for
his/her turn.
(5) The game is played with real
money and not casino chips. This makes the game much more exciting in the
sense that the player has the opportunity to gamble with real currency.
(6) The payout is instant and can
sometimes run into the thousands of dollars, especially if one is playing
progressive slots.
For these set of reasons, the slot
machine is currently one of the most popular games found in a casino.
Adel Awwad is the webmaster of Free
Casino Cash Guide
Copyright © 2005 www.a-casino-directory.com
- Free Casino Cash Guide, All Rights Reserved. This document may be freely
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