Feb 15, 2020
Slots have come a long way – from the traditional one-armed machines to online games with enough paylines to make your head spin. The rapidly advancing technology of a recent couple of decades has made them such a beloved game for thousands of players worldwide.
We’ll look into where it all started and where online slots are today.
Let’s trace back the development of slots machines from the very beginning and go all the way to modern times.
The first slot machine was invented in 1887 by Charles Fey. He developed the classic three-reel machine and symbols (bells, horseshoes, diamonds, etc.) that altogether resulted in the first automatic gambling device. The inventor never sold a single machine, but he became rich regardless of splitting the profits 50/50 with whoever was hosting them.
By the 1940s, slots machines were improved through technological advancements. It was no longer a game for casual players. At this point, there are more elaborate designs, styles, payout structures, etc. This period is also notable because slots became accompanied by electric lights and noises that are familiar to us today.
The first video slots developed by Fortune Coin Co. hit the mainstream market in the ‘80s. These started to accept bills in addition to coins, which game slots a more serious direction. The company changed the payouts and introduced bonus features, and the slot became a more profitable activity. This is where the modern developers started taking inspiration from.
Now, most slots available today exist online and use cashless technology. This opened the way for fast, easy bets and payouts. Lower operating costs (compared to land-based casinos) allows online platforms to set higher RTPs (90% and up) as well as to offer seven-figure progressive jackpots. All of that can now be accessed from the comfort of your own home or from a mobile device.
Most online slots follow the basic reel concept. What makes individual game titles different is how they represent the reels. For example, the length of the reel can vary. The majority of slots come with 3 or 5 reels, but there are no rules as to how many there should be. You can find plenty of games that don’t follow this standard and include more reels.
Other slot elements are symbols. Usually, games contain 10-15 symbols that can line up in a winning combination. But there are actually many more symbols that don’t have the same weighing. The high-value symbols occur least often as they are the ones that generate winnings. And the low-value symbols come up most often.
Lastly, you should also consider the Odds Table incorporated in every game. This concept outlines how much the game will pay for certain combinations of symbols.
The question of whether slot machines are designed fairly is something many beginners wonder. Online slots are made with a piece of software called a Random Number Generator. RNGs produce numerical values with completely no bias.
How do we know that the outcomes can’t be “fixed”? If a casino wants to hold its gambling license and avoid fines, it needs to follow this rule. Therefore, game developers and casinos are required to generate results fairly and pay players as promised.
This is exactly what you can expect from a reputable platform like Loki Casino. Here, you’re guaranteed a thrilling gaming experience that is hard to get at a brick-and-mortar establishment. Come by and get a chance at big wins while also having a blast playing a huge selection of online slots.Back to the blog