Payback Percentage – is a reference to the amount of money a slot machine should return to slots players over a period of time.
Payline – the line at which winning combinations on the slot machine reels must land in order to win the payout amount.
Payout – the amount won for a winning combination on the slot machine.
Payout Percentage – The amount of every wager put into a slot machine that is given back to the customer as a win, or payout. For example, a slot machine with a 98% payout percentage will payout $98 for every $100 wagered over a long period of time.
Pay Table – the sign on the slot machine that tells what all the different winning combinations are and how many credits they each win.
Primary Jackpot – the highest payout prize that a player can win on a particular slot machine.
Progressive Slot Machines – progressive slots have a jackpot that continues to grow until it is won.
Progressive Ticker or Progressive Meter – the meter or ticker that shows you how much the progressive jackpot is worth on the slot machine. Not all slots have progressives.
Reel Stop – is one single position on the reel of the slot machine.
Reels – are the disks that spin inside the slot machine window with the symbols on them. By matching the appropriate symbols, slots players can win money.
Random Number Generator (RNG) – a computer program that selects the slot machine results at random from all the possible sequences.
Scatter Pay – slot machines with the scatter pay bonus feature have specific symbols on the reels that payout no matter what other symbols are with it.
Second Screen Bonus – some video slots that offer bonus features will have a second screen bonus. Certain winning combinations will activate the second screen bonus.
Select Lines – are the number of paylines selected on the slot machine.
Short Win – when a player hits a large jackpot with very little playing.
Signature Slots – are the casinos own brand of slot machines.
Slot Club – are member programs that casinos offer to slot players where prizes and rewards are offered in exchange for playing the slots. The more you play, the more comps you receive.
Slot Host – an employee at the casino who is there to assist in serving customers as well as handling slots club member issues.
Slot Schedule – the winning payout combinations and their payout amounts posted usually on the front of the slot machine.
Slot Talk – slang for the trading of slots information between players and slots hosts.
Slot Testin – a reference to a form of player evaluation of a slot machine where the player will play an entire roll of coins to determine the ratio or percent of payout for that machine.
Slot Tournament – a tournament where slots players play for a specific prize at a pool of slots.
Slot Type – refers to the slot machine either being basic slots, progressive slots or bonus slots.
Slots Drop – refers to the amount of money played through a slot machine.
Slots Hold – refers to the amount of money that a slot machine does not pay back as wins.
Sound of Rain – slang for the sound of the coins dropping when a slots player cashes out.
Spin – spin button or pulling the lever on the side of the slot machine activates the spinning of the reels to determine if you won or not.
Staggered Payout – A payout chart that gives more money to plays that included more coins. For instance, a large progressive jackpot would never be paid out to a player who only played one coin; they would have to play the max amount of coins to win big.
Static Jackpot – A predetermined jackpot that does not change at all, no matter how many people play it or how many times it pays out.
Streaky Slots – slot machines that are reputed as having hot moments and cold moments.
Symbols – the different illustrations on the various slot machine reels. These symbols include cherries and dollar signs as well as sevens and money bags. There are many different symbols on slot machine reels today.
Take Cycle – A theory by slots players that a slot machine will not payout again after it has just made a payout. Because online casinos use RNG, this is a false assumption.
Three Liner – a slot machine with three reels where players must line up three identical symbols in order to win the cash prize.
Ticket In / Ticket Out (TITO) – TITO slot machines will print a ticket with the winning amount on it when players cash out a machine. The player can then insert that ticket into another machine and play with it there.
Tight Slots – slot machines that can be expected to payout less frequently than loose slot machines.
Tilt – A common name for a slot machine malfunction. Usually a malfunction voids all plays and you must wait till it is fixed to play again.
Total Bet – the number of credits played on a machine at one time.
Two Liner – a slot machine that has two reels where players line up three symbols and win, but line up six symbols and win double the original win.
Up / Down Slot Cycle – The payout percent of a slot machine fluctuates at any given time because the average payout percent is calculated over a long period of time. The up / down slot cycle refers to the fluctuations that occur during that period of time.
Video Slots – slot machines that do not have physical reels inside but are rather a computer screen ran by a computer program. Most of the slot machines today are video slots.
Virtual Reel – reel technology is what enables the RNG (random number generator) to randomly select more non winning combinations than winning combinations without having to add extra reels or larger reels. In effect, the odds of winning had to be decreased in order to offer larger jackpots and the virtual reel was the solution that the slot machine developers came up with.
Wager Management – a method of managing your slot playing bankroll. Breaking your gambling bankroll into smaller amounts for a specified number of gambling sessions and cashing out while your ahead.
Find more slots terms here: /slots-dictionary-part-2/