Slots

Updated: 20-Jun-2009

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Slot History

In California, (especially San Francisco), in the 1890's, gambling was a popular type of entertainment. Many forms of slot machines existed at that time.

Charles Fey, a German immigrant, aimed at competing with these existing slot machines with his "Liberty Bell". The "Liberty Bell" had many unique features that soon distinguished his machines. Players liked the Liberty Bell, and any good establishment gives the players what they like. The Liberty Bell was a big hit, and Charles Fey was given credit for inventing a "new" standard in slot machines, that to this day has some influence.

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In the 1890's, slot machines could best be described as semi-legal. By paying the players, slot machines were made illegal, and eventually banned in California. Charles Fey continued to produce his machines regardless. He knew his machines were popular and that the end users were the ones using his inventions illegally. Why should he give up producing, when as far as he was concerned, they were legal if used correctly? He continued to produce and sell his inventions, and was eventually arrested and fined. It was never legal to produce or own slot machines again in California as long as Charles Fey was alive. Production was legal in other states and these producers often copied his machines and sold them to his clients.


Slot Rules


With internet slot machines the rules are quite simple: Read the payout chart, insert virtual coins, push button, (or pull handle), insert more coins. The majority of online casinos now offer a huge variety of video slots which vary in complexity, although the three reel slots are still common, there is a growing presence of five reel, multi winning line games.

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Jackpot or No Jackpot Slots


Progressive jackpot slot machines have been a big attraction in most physical casinos for some time, and they're becoming ever popular on the net too - a number of online casinos  offer jackpots of well over £500,000. So why are none progressive jackpot slots still popular, when their  payouts are significantly less than the  payouts available on progressive machines? It's all because of  their payout percentage rate. Pay out percentage is the amount that the machine will dispense in winnings in relation to how much is wagered. The payout rate varies  between the  high 80s to low 90s,  it's a general rule that a progressive jackpot machine will have a lower payout percentage rate than a non-progressive.



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