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5 - Terms to Remember
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Max Coin Button - The button that plays all credits filling allowed, usually three or five, when pushed.
Mega-Progressive Machines - A progressive slot machine with , an enormous, usually million dollar jackpot.
Medium Coin Machine - A $0.50 or $1 denomination machine.
Medium Coin Player - A player who plays the $0.50 or $1 denomination machines.
Mega-Progressive - A super-jackpot progressive that can get as I high as millions of dollars.
Mills Machines - An early machine, manufactured by Mills, an early slot innovator and producer, that was the first to use the fruit symbols and have a jackpot.
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4 - Term to Remember
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Hit Frequency - The expected frequency of winning payouts that a slot machine will produce. For example, if a winning combination will hit, on average, one time in six, the hit frequency will be 16.67%.
Hold - The percentage or actual dollar amounts a casino wins from its players. Also known as Hold Percentage.
Hot - A machine that is paying out better than expected, or a player on a winning streak.
Jackpot - The big win on any machine - the jackpot!
Lemon - A symbol found on slot machines.
Liberty Bell - The original slots machine invented by Mil Charles Fey. Also, the symbol on the reels of many slot machines.
Long Run - The concept of what certain results are expected to be when occurring over many trials, thus, in the long run.
Loose, Loose Machine - A slot machine marked by frequent winners, with a high percentage payback to the players. This is opposed to a tight machine which has a low percentage payback.
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