Types of Slot Machines

Straight slot machines

These types of machines always pay earnings according to a predetermined payout schedule that pays the same amount every time a specific symbol combination is hit.

Progressive slot machines

A progressive slot machine offers a jackpot that increases in value. As more coins are put into the machines, a small portion of each wager is added to a constantly increasing jackpot. When the jackpot is won, the jackpot amount then drops down to its starting point. Most progressive slot machines will display the jackpot amount on a digital monitor usually located at the top of the machine. When the jackpot is hit by a player, the amount will automatically drop to the amount of the default jackpot, and will then begin accumulating again. There are 3 different types of progressive slot machines.

  • Stand alone progressives - Progressive slot machine that are independent from each other. Since the jackpots are not aggregated with those of other machines, these have the smallest jackpots of progressives.

  • In-house progressives - These machines are linked to other progressive slot machines owned by the same casino. The jackpots on these machines are respectable.

  • Wide-area progressives - These machines are linked to other progressive slot machines at other locations. These machines are owned by a third-party operator (many times the manufacturer) and the casino leases them and shares in the winnings. Because of the higher cost of these machines, they tend to pay out less than other slot machines.

In order to win the progressive jackpot, you almost always have to bet the maximum number of coins (always read the rules before you play). This will obviously increase your cost-per-spin, but the opportunity to win the jackpot makes up for this extra cost. The jackpot on linked progressive slot machines can get very high - into the millions. Just make sure your overall gambling budget stays the same even if your per-spin bet is higher. It should also be noted that the chances of winning a progressive jackpot is pretty small.

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Types of Slots

HPG ADMIN on February 27, 2013