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Cleopatra is still one of the most popular slot machine games today, and it has inspired several other variations. Slot machine themes allow players to feel like they can have a different experience, even though the game itself is fundamentally the same.
But all of those land-based casinos had a new competitor to deal with: online casinos. In , Antigua and Barbuda passed the Free Trade and Processing Act, which offered companies a license to operate gambling businesses on the internet.
Microgaming and Cryptologic became some of the first companies to operate casinos. Both of these companies claim that they were the first, and so do several others, but they all began around the same time.
No matter which company was first, they all worked hard to transfer the casino experience to a web-based format.
These companies were instrumental in creating the technology to operate casino games online and to process financial transactions.
Microgaming even helped to create the Interactive Gaming Council to regulate other online casinos. Those first online casinos were limited compared to the online casinos we use today.
But, they got the technology started. Once these companies figured out how to transfer the casino experience to an online format, other game developers got to work expanding the games available.
Now there are thousands of slot games that you can play online. They use random number generators to determine the outcome, offer progressive jackpots, and incorporate second-screen bonuses.
The most significant benefit to playing slots online is the fact that you can play any time and anywhere you want to.
As long as you can connect to the internet, you can play your favorite online slots games. Another benefit when you play online is that online casinos offer significantly more variety than land-based casinos.
Brick-and-mortar casinos are limited by the amount of physical space that they have, so they typically only offer a few hundred varieties with five to ten machines for each one.
Online casinos do not have those limitations. They can offer thousands of game varieties if they want to. Each site uses different software developers, so you can enjoy different slot games on different sites without ever having to leave your computer.
If someone else is playing the machine that you want to play in a land-based casino, you have to either choose a different game or wait until they are finished.
But, when you play online, you do not need to wander around the casino until you find the machine you are looking for.
Online casinos have search features and categorized lists that help you find specific games. The technology for online slots games has advanced far quicker than the technology for land-based machines.
It took a century for traditional slot machines to offer cashless transactions and second-screen bonus features.
Online slots have already revolutionized the gaming options within the past two to three decades.
They have more bonus features and more ways to win than their land-based counterparts. One good example of this advanced technology is the pay lines.
Land-based slot machines are typically limited to around 25 pay lines. They have to be preprogrammed to identify the specific winning combinations.
When you play online slots, you can find some games with or even 1, different ways to win. The web-based technology can identify winning combinations much faster than the games in land-based casinos, and it can accommodate more combinations without taking up hardware space.
NetEnt is a European company that has already introduced VR slot machines called Jack and the Beanstalk. As technology continues to change, slot machines will undoubtedly follow the latest trends.
If you are just interested in playing slots for a bit of entertainment, you might enjoy the atmosphere of a land-based casino better than an online slot.
But, for players that are serious about winning as often as possible, online slots are actually a better choice. When online slots were first introduced, many customers were hesitant about giving their financial information to an online company.
But, as long as you choose a safe online casino , you have nothing to worry about. Another benefit to playing online slots is that they have higher RTPs compared to land based slots.
Here are a few examples of payback percentages at land-based casinos in Las Vegas versus some of the most popular online software providers.
There are two main reasons that online casinos offer better payback percentages than land-based casinos. Outside of Las Vegas, many land-based casinos are the only casinos in their area.
Players can visit online casinos from anywhere, so they have their choice of literally hundreds of online slots operators.
One of the best ways that online casinos can compete is by offering better odds and higher payouts. Speaking of higher payouts, online slot machines offer much higher progressive jackpot opportunities.
They have a much broader network of players worldwide that all contribute to the prize pool. Cash Splash was the first online progressive jackpot game.
Microgaming created it in , followed by Mega Moolah in Both of these games offer seven-figure payouts regularly.
Mega Moolah is responsible for the highest online jackpot payout. Microgaming was officially entered into the Guinness Book of World Records for the largest jackpot payout in an online slot machine game.
Whether you enjoy playing online or in-person, slot machines remain one of the most popular forms of entertainment in the gambling industry. Slot machines are the most popular games in the casino for the majority of gamblers.
Casinos spend thousands of dollars to make their slot machines as attractive and comfortable as possible.
But that investment always pays off because casinos make such a significant portion of their revenue from slots. The only reason they continue to be so popular is that they have evolved over time.
If casinos were still offering the Liberty Bell machines with the highest possible payout of 50 cents, no one would bother with them anymore.
Gamblers owe Charles Fey credit for creating the first cash-based slot machines. But, we can also be grateful for the inventions of new slot machine variations and features.
Video slots from Fortune Coin Company, second-screen bonuses from WMS, and ticket in ticket out software from MGM and their partners all revolutionized slot machines in their own way.
And progressive jackpots from IGT and the incorporation of online slots from dozens of software developers continue to offer players the best slot machine experience possible.
We have come a long way from the slot machines that were first invented in the s. The History and Evolution of Slot Machines. To help you understand how slots have changed, we will examine the history of slot machines.
Nickel-in-the-Slot Machines. There was no gambling involved unless patrons decided to wager on which horse would win. Those wagers typically involved one patron buying the other a beer when they lost.
Religious leaders could easily argue against gambling for a beer or cash. But it was far more challenging to convince people that fruit machines with childish symbols and chewing gum prizes were evil.
Up until that point, slot machines relied on the randomness of the reels stopping to determine the outcome. Casinos were far more interested in these new slot machines because they were less expensive for them to operate, and they could offer more of them.
MGM gathered several manufacturers to work together to create a solution that would allow slot machines to operate without coins.
The ticket system also cut down on the spread of germs because the players did not have to touch the coins that had been handled by dozens of other players.
Online Slots Land-based Slots There is no limit to the number of people who can play on a particular slot machine. If someone is on the machine you want to play, you have to wait your turn.
You can choose from many different slot themes. Land-based slots have many slot themes too. Online casinos have hundreds of slots to choose from.
Use online casino filters to quickly find a slot machine. You have to walk the floor to find the machines you want to play. Software developers continue to find innovative ways to incorporate cutting-edge technology.
On something of a roll, the Bavarian inventor turned slot machine extraordinaire, would really strike gold in , when he emerged from his workshop with the Liberty Bell.
Consider the achievement, the look on his face and imagine his pride at developing such a masterpiece. As Oscar Wild once said, Imitation is the sincerest form of flattery.
Now let us introduce you to Mills Novelty Company of Chicago. Sniffing out success, this nifty, albeit non-snappily titled corporation entered the race, followed shortly after by the Industry Novelty Company.
This move batted their reputation as slot machine pioneers straight out of the park by abolishing the playing cards and developing the first fruit symbol only slot machine.
As the popularity of these machines grew, so too did the voice of their resistors. Initially it was the clergy, on supposed grounds of morality, who did their best to halt the growing popularity of these machines.
Sometime after, the lawmakers followed suit and by San Francisco introduced a ban, making over 3, slot machines redundant. Trivia: Initially the fruit only machine was developed in a bid to work around toughening rules surrounding gambling.
In fact, officially, this machine was but a chewing machine dispenser. Officially no gambling here, a cheeky move. Recognising a good idea when they saw one, the Industry Novelty Company carved out their slice of the action by one upping MNCC.
In a stroke of genius, placing the cherry firmly upon the proverbial cake, their move was to replace certain fruits with pictures of the chewing gum packets that could be won.
Bally was the first company to create a slot machine with electric reels, called Money Honey. The game still needed to start with a mechanical lever, but the electric reels were a game changer.
It weighed a staggering lbs and was able to handle paying out hundreds of coins in one go. It was hugely popular. Las Vegas-based Fortune Coin Company developed Fortune Coin, the first ever video slot, and gave everything a futuristic leap.
Some players found it took a bit of getting used to, though, as they were more familiar with the mechanical spinning reels. It was later modified and cheat-proofed with the addition of random number generators RNGs when it was bought by IGT in IGT's William Redd took over the Fortune Coin Company and improved the flagship slot machine's RNG.
By the end of the 70s, Fortune Coin had a better RNG, more paylines, and promised bigger payouts.
It was soon a regular feature along the Las Vegas strip. IGT were on a roll after the success of the upgraded Fortune Coin, but it was when Megabucks caught on that things really took off.
The world's first linked progressive slot , Megabucks, had top prizes that were linked across multiple machines. By the end of the decade, IGT had introduced several progressive machines including Wheel of Fortune, based on the hit TV gameshow.
WMS Industries Inc. WMS developed its first video slot with a second screen bonus. Reel 'Em In featured a fishing theme where players were able to trigger a Pick'em style bonus game.
It paved the way for second screen bonuses like free spins for years to come. A speedier and cheaper internet allowed online gambling manufacturers to start developing slots that could be played at home.
Microgaming had already been operating an online casino since but launched Cash Splash in , one of the world's first ever online progressive jackpot slots.
Other all electronic versions of gambling games followed including ones for dice, roulette, horse racing, and poker Dale Electronics' Poker-Matic was very popular.
In , the first electronic slot machine was built by the Fortune Coin Company. Share Flipboard Email. Mary Bellis. Inventions Expert.
Mary Bellis covered inventions and inventors for ThoughtCo for 18 years. She is known for her independent films and documentaries, including one about Alexander Graham Bell.
Updated April 13,