Slot
machines gained their universal appeal in casinos because,
unlike other games, they are played at the player’s
pace and they don't require special skills. 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 payline
in a winning combination.
When
this occurs, the slot machine pays out according to the payoff
table posted on its front. The payoff table tells players
what the winning combinations of symbols are for that machine
and what each combination pays based on the number of coins
put in for the spin. Players have a much greater chance of
hitting any of the lower-paying combinations.
An
enterprising American named Charles Fey invented and began
manufacturing slot machines in 1894 from his workshop in San
Francisco. Fey pioneered many coin-operated gaming devices
including the original three-reel bell slot machine.
During
the 1930s, slot machines proliferated across America. Originally
installed as a way to entertain high-rollers’ wives
and girlfriends, revenue from slot machines soon began rivaling
that of the table games. Today, slots account for over two-thirds
of U.S. casino revenue.
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