Largest Slot Machine Companies
- Companies which design and manufacture slot machines. Pages in category 'Slot machine manufacturers' The following 18 pages are in this category, out of 18 total.
- IGT (International Game Technology) is the worlds largest supplier/manufacturer of Casino gaming machines. IGT has done for the gaming industry what Microsoft has done for the computer industry. IGT is known internationally for producing (by far) the most slot machine titles and slot machine themes.
Alibaba offers 61 Top 10 Slot Machines Suppliers, and Top 10 Slot Machines Manufacturers, Distributors, Factories, Companies. There are 12 OEM, 11 ODM, 11 Self Patent. Find high quality Top 10 Slot Machines Suppliers on Alibaba.
Let’s be honest, all casino players whether casual or elite, have been dreaming of that one fateful day when all stars align and the universe conspire to grant us the ultimate money slots machine jackpot.
Money Slots Wins
Lucky for some people, this has happened many times. Today, we look at the top 10 biggest slot machine wins of all time.
10. $12.8 Million
First on our list is a whopping $12.8 Million jackpot win in the most famous casino city in the world—Las Vegas. The unnamed woman winner has an incredible story to tell as she was just in the city to visit her niece whose birthday celebration was at the Aria Resort. Before she returns to her room, she used her $6 in a slot machine and random numbers popped up. Turns out, she had won the machine’s jackpot–the jackpot for the entirety of Nevada.
9. €11 Million Plus
Online slots grow and sometimes known as having a lower jackpot prizes than its physical, traditional counterpart. However, a Norwegian online slot proves this wrong. Recently, a university student from Norway, in a typical college effort of falling asleep, he spun in online slots and used the corresponding free spins. To his surprise, he won the Mega Fortune slot by NetEnt with a monstrous jackpot prize of over €11 million. He didn’t sleep for more nights after his win.
8. $21 Million
A World War II veteran at 92 won the $21 million slot machine jackpot in Las Vegas when he visited his family in the area. Elmer Sherwin was also a true casino veteran and has been gambling for decades. However, nothing could have ever prepared him when he won the biggest jackpot. His winnings did not go on his pocket as a true hero; he donated much to Hurricane Katrina victims . He died in 2007, having lived his dream.
7. $21 Million
Biggest Slot Machine Companies
Caesar’s Palace is known for its VIP, elite and high rollers. They say what happens in Vegas stays in Vegas. However, if you’re like the famous yet anonymous business consultant, bring the thing that’s happened in Vegas if that thing includes the $21 million jackpot from the Megabucks slot machine. The lucky man only paid $10 and got the ultimate cash prize and only on his first spin—talk about luck.
6. $22 Million
It seems the universe is more generous towards the elderly as next on our list is a 74-year-old woman named Johanna Huendi. She won the $22 Million Megabucks jackpot also in Las Vegas—considered being the fourth largest jackpot ever. Just like the other elderly on this list, Huendi was in the area for a vacation when she bet two bucks into the slot machines. The machine flashed random images and symbols with the cash prize in number stated. At first, she thought she had won $2 million dollars, which was not bad and made her happy. Her ecstatic mood multiplied when she learned that it was $22 million and not just $2 million. Man, some people are just lucky.
5. $24 Million
Halfway to the top of our list and another entry from the online casino world is the $24 Million win from a 25-cent bet. This bet-to-win ratio might be the largest gap ever in the history of gambling itself. The lucky player is a 40-year-old Scandinavian guy from Finland. They reported that he did not know whether to laugh or cry so he did both.
4. £13.2 Million
Another entry from the online casino winnings is the 2012 BetWay win from Microgaming to a British soldier from Chesire. The 26-year-old soldier was trying his luck in the Mega Moolah and hit the four offered jackpots of the game and hitting the Mega One prize. With this, he holds the record for winning the largest jackpot winning ever from an online casino slot.
3. $27.5 Million
They say that you have to be careful in placing your bets. Mistakes such as overspending, wrong betting, and even misplaced bets are looked down upon. However, for the third highest jackpot winner, it happened because of one simple mistake. A retired flight attendant from Las Vegas who was visiting the Palace Station deposited $100 at a Megabucks. Unbeknownst to her, she inserted $300. She almost made a claim against the money slots machine for her mistake but was surprised when she won the jackpot of almost 30 million dollars. The flight attendant in an instant can now afford her own private plane, now that’s a hell of a promotion.
2. $ 35 Million
The second biggest jackpot win ever and also the saddest and most tragic on our list. A cocktail waitress broke every casino and gambling records when she won the highest Megabucks jackpot ever at over $35 Million. However, people say it was a curse as only a month after, she and her sister got into an accident which left her sister dead and her paralyzed from the chest down. She even says that she would give all the money slots prize back just to get her life and body back.
1. $39 Million
At the top of our list is a whopping grandprize of almost forty million dollars given to an anonymous 25-year-old fromLos Angeles. A software engineer by profession, the man bet an understandable$100 in a lost machine at the Excalibur Casino in Las Vegas. Not surprisingly,the man decided to remain anonymous but one can only wonder if he brags this tohis friends. With those digits, it’s really hard not to.
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Slot machines are more fun when you understand what’s going on with the game. If you don’t know what the slot machine symbols mean, and if you don’t know what it takes to get a winning combination, you might as well just play rocks scissors and paper with some stranger.
The purpose of this post is to take a detailed look at some of the inner workings of slot machines, especially as it relates to the slot machine symbols most commonly in use.
The traditions behind why slot machines use bar and fruit symbols are decades old, and the history of slot machines is fascinating all by itself.
In this post, I explain what the different slot machine icons mean and why it matters to the average player.
1-What Does the Bar Symbol Mean on a Slot Machine?
Slot machines have been around since the 1890s. You’d find these early slot machine games in bars and taverns in cities like New York and San Francisco. When gambling became illegal, these businesses started giving away candy and chewing gum instead of money.
Imagine going into a bar today and putting money into a slot machine with the opportunity to win a free drink or a cigar.
That’s what gambling in a tavern was like in the 1890s.
What does the bar symbol mean?
Think about what it looks like.
It’s a rectangle, right?
My first guess would be that the bar symbol on a slot machine symbolized a candy bar, but that would be too big. After all, keep in mind that the idea was to have prizes that were small, like coins.
The bar symbols on slot machines represent sticks of chewing gum — specifically, BAR chewing gum. (It was a popular brand of the Bell-Fruit Gum Company at the time.) They were in color in those days, and different colors meant different flavors of gum.
Slot machine makers still use bar symbols out of tradition, even though I’ve never seen a slot machine game that offers gum as a prize.
2- What Do the Fruit Symbols Mean on a Slot Machine?
Just as the bar symbol meant you were going to win chewing gum, the various flavors of fruit-inspired candy were prizes you could win. Cherry symbols meant winning cherry-flavored candy.
Apples meant winning apple-flavored candy. Oranges and plums, well… They meant you won dragonfruit and huckleberry flavored candy.
Just kidding.
Obviously, the picture of the fruit in question represented the flavor of candy you won.
And, again, the reason these symbols are still in use have more to do with tradition than anything else. People are just used to seeing these symbols on these games.
3- How Many Different Symbols Are There on a Slot Machine?
An average slot machine game might have about 20 symbols on each reel. This does NOT imply that each symbol has a 1/20 probability of coming up on a spin, though.
Modern slot machines use a random number generator to determine their results. These are actually random — they’re not fixed or rigged in any way.
The casino makes its money because the prize schedule for a slot machine game pays prizes in such a way that the game is inherently profitable.
Think about it this way:
Suppose you played a casino game where you had a 1 in 600 probability of winning, but when you won, you only got a payout of 500 to 1.
Do you see how that would be profitable for the casino?
You’d lose $1 on 599 spins, but you’d win $500 on the one spin, for a net loss of $99.
Such a game would have a house edge of around 17%, on average.
The payouts on a slot machine game are more complicated than that, but it’s the same principle.
4- What Are the Odds of Winning on a Slot Machine?
Here’s the thing about slot machines:
You don’t know what the odds of winning are.
And, to an extent, the odds of winning are irrelevant. What you’re really concerned about is the payback percentage.
That’s a ratio that compares the odds of winning with the amount you win. Over time, it represents the long-term average of how much money the casino will win from you on each bet.
Most slot machines have a hit ratio of about 1 in 3 or 1 in 4.
So it’s fair to see that on most slot machines, your odds of winning something are 3 to 1 or 2 to 1.
The problem is that the payouts aren’t commensurate with these odds of winning.
Also, slot machines pay off bets on an X for Y basis rather than an X to Y basis.
In blackjack, your payouts are in addition to what you risked. Bet $5 on a blackjack hand and win, and you get a 1 to 1 payout, or even money. You get your $5 bet back with $5 in winnings.
Gambling machines, though, pay back with odds on a 1 “for” 1 basis. Bet $5 on a spin of the slot machine reels, and you get $5 in winning in exchange for your $5 bet.
The machine acts like it’s a win, but the reality is that it’s a push.
This is also one of the reasons slot machines measure their odds using payback percentage rather than house edge.
When a slot machine game has a 90% payback percentage, it means that on average you get back 90% of each bet. Place a $5 bet, and you’ll get an average of $4.50 back over time — which means you’ll lose 50 cents per bet on average.
And that’s just the average including any jackpots you win. If you play in the short-term and don’t see a jackpot, you’ll usually see a lower payback percentage until you get some winnings and catch up.
5- Which Slot Machine Has the Best Payout?
How do you know which slot machine has the best payout?
The short answer to this question is easy enough:
You don’t.
You have NO WAY of knowing which machine has better payouts than the other machines. In fact, you can play an identical slot machine next to the one you started on and be facing a different payback percentage.
The casinos have no rhyme or reason in terms of where they place the higher and lower payout machines.
In the long run, it doesn’t even really matter. If you play a negative expectation game long enough — and slots are ALWAYS a negative expectation game — you’ll eventually lose all your money.
Stop worrying about which slot machine has the best payout.
Worry instead about how much fun you’re having — or not. If you don’t enjoy a specific game, move on to another game.
6- Why Are They Called “Slot” Machines?
They’re called slot machines because you put your money into a slot to play.
When they were first invented, slot machines only worked on a literal coin-in and coin-out basis.
Now, of course, most slot machines work by accepting bills and spitting out a piece of paper with the amount you’re owed on it.
But we haven’t changed the name of the games.
Also, it’s not called a slot machine in other countries, always. In the United Kingdom, they’re called fruit machines. In Australia, they’re called “pokies,” which is short for poker machines.
That last nomenclature comes from their original nature — the first slot machines, which predated the machines that gave away candy — used playing cards to produce random results instead of symbols on metal reels.
7- Who Invented the Slot Machine?
According to the Encyclopedia Brittanica, as well as many other legitimate sources, Charles Fey invented the first slot machines.
He born in Bavaria but was making his living as a mechanic in San Francisco when he invented slot machines in 1894. It didn’t take long for him to be doing so well that he started a factor to produce more slot machines.
The first 3-reel slot machine with machine-generated payouts in real money was invented in 1898, also by Charles Fey. The Liberty Bell, which most modern slot players would recognize as a real slot machine, came along in 1899 — another Fey invention.
There are only 4 Liberty Bell machines still extant.
Also, it didn’t take long for other companies, like the Mills Novelty Company, to steal Fey’s invention and start making money from their own versions of it.
Finally
Those are the most accurate and concise answers to some of the most common questions about slot machines and their symbols on the internet.
What other questions do you have besides what do the symbols mean?
Leave me a note in the comments, and I’ll respond with an answer if I can.