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What Is a Slot?

A narrow depression, notch, groove or slit, especially a small opening for receiving or admitting something, such as a coin. Also used to refer to a position in a game or program, as in “the next slot is now available.”

A small hole through which coins or tokens are deposited, as on a slot machine. A thin opening or slit, such as that in which letters and postcards are placed for posting. Also, a narrow opening for a passageway or door, as in a building.

A modern casino machine doesn’t have a counter that says, “Well, I think it’s time to pay out again.” Instead, the outcome of each spin is determined by a computer using an algorithm that assigns each millisecond a number (or, in some cases, a combination of numbers) equal to its probability of being struck. This is why you can walk down a casino floor and see multiple machines with million-dollar jackpot payouts. Interestingly, some casino table games now offer progressive jackpots, too. These are generally separate from the main game and awarded for a specific side bet. Online casinos and software providers can even set a ‘Must Hit By’ deadline for their progressive jackpot pools. This can help to drive play by offering a timed prize that players will want to try to win. Often, this will be much larger than the main jackpot. But this isn’t foolproof, as it’s still possible for a player to miss out on the big prize by just a few seconds of play.