The word slot is short for “slave of technology.” A SLOT is an electronic gadget aficionado who can’t function without his latest device. Most urban teenagers are likely to fit this description. But why is this term so popular? Is it a gender thing? Let’s find out. Also known as a “slot”, SLOTs aren’t the only ones who are addicted to gadgets!
The word slot comes from the Latin word slit. A slot is a narrow opening that is commonly used to receive objects or place things. In modern slot machines, the slots are often aligned with the theme and can be accessed from the help menu. Some machines display these tables on the machine face. While older machines feature them above and below the wheels, video slots often place them on a help menu. This makes it easier for players to view the pay tables and know how much they’re winning.
The payback percentage of slot machines is a number the manufacturers aim for. The payout percentage refers to the percentage of money put into the machine that will be paid out to the player. If the payback percentage was 100 percent, the casino would keep 10 percent of the money put into the machine and pay out 90 percent. Therefore, any payback percentage less than that means that the casino wins. However, remember that these machines are not guaranteed to pay out.