A Brief History Of Slots: 4 Fun Facts
A Brief History Of Slots: 4 Fun Facts
Slots have been the staple game among players and gaming enthusiasts, whether online or offline. Before slot machines were more widespread, you had to go to a gaming hall that offered them. Some machines can offer a theme, which brings more winnings than other machines. With its thrilling unpredictability, playing with slots uses your luck.
These machines have been in existence for more than 140 years. So it is no surprise that it paved the way for the classic casino games we know today. When you see a slot machine, it results from many changes through time. Check out these four fun facts and learn a bit more about the history of slot machines!
Slots Are More Than 140 Years Old
The first slot machine was invented in 1894 by Charles Fey. It was known as the Liberty Bell slot. The initial design featured five reels as it was inspired by poker games. Through time, the design got more simplified and featured three reels instead. With the advancements in technology, slots can now offer between five and three reels depending on the casino.
Slots Make Up A Majority Of The Revenue
Slots are now responsible for making around 80% of a casino’s revenue. However, it took a decade to reach this threshold—older players in the 1980s preferred games such as blackjack or similar card games. By 2003, these machines generated 85% of revenue, and statistics vary from casino to casino. In addition, some online casinos include popular titles to generate a steady profit all year round.
Slots Are More Popular In Japan Than In The US
While there are gaming hotspots such as Las Vegas, a localized version of slots is more popular in Japan. It is more popular than any existing casino game. It is because they have pachinko machines, which have similar gaming mechanics to slots.
On every corner a player can go, pachinko machines are available. More than 900,000+ machines are found in the country. Prizes through pachinko machines vary, but they sometimes come in stuffed animals, everyday items, and others. In 2015 alone, pachinko machines generated more revenue than Las Vegas, Macau, and Singapore combined.
Hot And Cold Slots Are A Myth
Falling into the notion of hot and cold slots is a gambler’s fallacy. For example, a hot slot machine may give more payouts to any player. On the other hand, a cold slot machine would put fewer payouts. Any result a player will take does not affect streaks of luck in any way. In addition, modern slots can include Random Number Generators to determine the results. It shows that these machines still rely on probability which does not affect future results.
Wrapping Up
Slots have an interesting impact on players and ordinary citizens. To some, it is a way of life while others see it as a business opportunity for casinos. With the changes in technology, luck and probability is still the staple in landing a winning combination. Depending on where you live, it is no wonder why slots adapted well enough to our everyday lives.