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A - B - C - D - E - G - H - I - J - L - M - N - O - P - R - S - T - V action Term used in evaluation of a casino customer's slot play that represents all coins or credits played, including winnings that subsequently are played and lost. (Example: If a player inserts 20 Euro into a slot, wins 20 Euro on the first spin, and loses on every subsequent spin during a session, he has given the casino 40 Euro worth of "action".) top bill acceptor/bill validator Optional assembly that accepts valid paper bills and causes the host machine to either dispense change or issue credits. bonus game A secondary event in a slot game that permits the player to win additional money through an activity other than the spinning of reels. bonus poker A genre of video poker which returns higher-than-normal jackpots for designated four-of-a-kind hands. buy-a-feature A slot machine that includes a bonus feature applicable only when multiple coins are wagered. buy-a-pay A slot machine with a pay schedule including winning combinations that only apply when multiple coins are wagered. top cabinet The exterior metal enclosure/box housing all machine components like monitor, reel mechanism, hopper, banknote acceptor, coin acceptor, ticket printer, etc. candle Light that mounts either on top of the machine or in a remote location and indicates various machine modes and game conditions. Most candles have two or more "stages", or sections, stacked vertically. cashback A rebate awarded by a casino to members of its slot club for reaching predetermined tresholds of play. cashless denotes mode of play especially with reference to electronic gaming machines without any means of inserting monetary currency, whereby players are required to use either tokens; magnetic stripe cards; smart cards; chip cards or vouchers (tickets) for wagering and/or any combination of these. coin-free play Slot play using one of several new technologies to substitute printed tickets or multicredit tokens for coins in jackpots. coin-in Coins wagered. The coin-in assembly receives, verifies, counts and appropriately routes coins deposited in the machine. The coin-in meters (mechanical and software) accumulate total coin-out numbers. coin comparitor Electronic coin acceptor mechanism that receives and validates coins deposited in the machine. A coin comparitor uses a sample coin against which incoming coins are compared for validity. coinless denotes mode of play, especially with reference to electronic gaming machines without any means for inserting coin currency or tokens, whereby players are required to use either banknotes; magnetic stripe cards; smart cards; chip cards or vouchers (tickets) for wagering and/or any combination of these. comp Food, beverages, hotel rooms or other goods and services given free of charge in recognition of customer loyalty. credit limit The maximum number of credits the machine will accumulate before causing either a hopper-pay, hand-pay or cash-out ticket situation. credit play Allows all awards except the top award and hand pays to accumulate on the credits display rather than dispensing from the hopper. Some game versions allow player-selected credit or noncredit pay. top denomination Coin or bill value. Euro coin denominations are: 1euro cent, 2 euro cent, 5 euro cent, 10 euro cent, 20 euro cent, 50 euro cent, 1 Euro and 2 Euro. drop In casino revenue accounting, cash and cash equivalents exchanged for chips and (if played) risked against the casino; player`s bankroll. Handle at table games is not accounted, in default of handle statistics, revenue accounting for these games starts with drop. top electrically erasable programmable read-only memory (EEPROM) EEPROM chips on the mother board are often used to store backup game data on a slot machine. erasable programmable read-only memory (EPROM) The game program and video graphics are stored on EPROMs. top gross gambling revenue (GGR) Handle less payouts or prizes or winnings returned to players. From the operators point of view, gross revenue is money extracted from players collectively and transferred to the operator(s) of a commercial game; GGR is thus the source of gambling industry revenues and government gambling tax receipts. From the consumer`s point of view, GGR is the consumer price of playing a commercial game. Win, takeout, retention, and net receipts are in various systems of accounting synonyms for gross gambling revenue. Unlike handles, which are measures of wagering volumes and thus partial functions of the velocity of Euros (or cycle times) through gambling games, GGRs are measures of the economic value of gambling: its cost to consumers, and its worth to operators. Gross gambling revenues, NOT handles, are the statistics through which one form of gambling may be compared to another, to other businesses, other industries, other forms of consumption, and to the general economy. top hand pay Money award paid by an attendant rather than being dispensed by the machine. handle The gross amount wagered at any form of gambling. Gross wagering, betting, gross betting or gross amount bet, money staked, turnover and lottery sales are in various systems of accounting synonyms for handle. Distinction between drop and handle: Handle is the total amount wagered, or bet: a chip may be wagered many times before the game goes to a decision and the chip is won or lost. Casinos generally report handle only for slot operations. hit frequency The frequency with which a slot or video poker machine registers a winning combination, relative to the number of games played. hold-and-respin-game A slot game that permits the player to hold the results of one or more reels and spin the remaining reels a second time in an attempt to improve the result. hold percentages Hold percentages for table games are ratios of win to drop. Table games typically win (hold) 12% to 20% of drop (and as high as 25%) in market monopolies (e.g. early Atlantic City, Foxwoods) depending on the kind of game, odds and conditions of play, and player choice in games where different propositions have different house advantages, as in craps, or where conditions of play, as for example the number of decks used to deal blackjack, vary in ways that materially affect outcomes. Hold percentages should not be confused with percentages used to express house or casino advantages for table games. hopper Assembly inside the machine that receives, holds and dispenses coins. When the hopper is full, coins are diverted to the drop box. host machine A machine used in conjunction with another assembly that cannot stand alone, such as dual-monitor module or a bill acceptor. house/casino advantage or expected value House/casino advantages or expected values for table games are stated as percentage of handle, not as percentage of drop. For example the expected value of Nevada and Atlantic City roulette is 5.26%, approx. 1% to 1.2% for baccarat and so forth. top idle mode The condition that exists when no one is playing the game and no credits exist on the credit meter. top jackpot Top award win. Jacks or Better A video poker game in which a pair of Jacks is the lowest winning hand. Similar terms designate other games (e.g. "Kings or Better", "Two Pair or Better", etc.). top light emitting diode (LED) Used in digital displays and as status indicators. linked progressive jackpot A jackpot incremented by a percentage of coins wagered on two or more slot machines. lockup This occurs during some tilt and error conditions. Game play is suspended but self test and statistical data modes are operational. top max coin/max bet Maximum number of coins or credits the game will accept for a single play. max win/max pay Highest award on the game play. meters Counters. Meters can either be mechanical or software counters to collect game play data. Hardware meters collect lifetime totals and cannot be reset. Software meters are displayed in the statistical data mode, and can be reset to zero. mode Operational state of the machine. The following modes can be differentiated: game play, idle, statistical data, self test and tilt. multicoin slot game A slot allowing wagers of two or more coins for each payline in a multiline game. multiplier A slot machine with a pay schedule in which the jackpot for each winning combination is multiplied evenly by each coin wagered (e.g., first coin 10; second coin, 20). multiplier pay Each win amount is a linear multiple of the number of coins or credits bet. multisite progressive (also widearea progressive) A slot that is linked electronically to a network of units of the same game at different casinos, with coins wagered on all connected machines incrementing a single jackpot. top noncredit mode The machine will accept no more than the max bet allowed per game, and all wins are paid out in coins or by an attendant at the time of win. If a bill acceptor is present, it functions as a changer only. top optimal payback The long-term payback percentage in a video poker game that theoretically would result if a player used perfect, error-free strategy. top payback percentage The portion of each dollar wagered on a given machine or group of machines that ist retuned to the players in jackpots over the long term. Payback percentages listed for individual slots represent the amount returned to players over hundreds of thousands of games, as determined by computer simulation of manufacturers and regulatory agencies. payback % range The bottom and top preset theoretical payback percentage at which a given machine is offered to casinos by a slot manufacturer. payline The line of reel positions on which symbols must land to form winning combinations. pay schedule (also pay table) The listing on the face (or video screen) of a slot machine of the amounts paid for each winning combination. pay table Chart of pay amounts as a function of each winning combination and number of coins or credits bet. player digital display In reel slot machines, game information is presented as an LED digital display through windows on the slot glass. player tracking system (PTS) A data collection package that enables the owner/operator of the machine to identify and gather information about players via ID cards and readers. positive expectation Any game which returns more than 100 percent of all coins wagered to players in jackpots on a long-term basis. The term is typically used to describe video poker games which theoretically return 100 percent or more of wagers when played using perfect strategy, and often refers to a game in which cashback awards are combined with near-100 percent payback to turn the overall edge to the player's favour. processor board controls all video and/or game functions in a machine. progressive A system of pooling a fraction of each wager into a cumulative fund which is available for a top-pay win. progressive jackpot A jackpot which increments electronically with a preset percentage of each coin wagered. top random access memory (RAM) Backup memory of game information is stored in the CMOS RAM chip on the processor board. CMOS memory (complementary metal oxide semiconductor) is a battery powered memory, used to store backup RAM data. random number generator A software program used in slot machines that sequences through a series of numbers (each number corresponding to a single game outcome) at high speed and selects one at random when the player initiates a game by pressing a wager button or pulling the slot handle. rapid bonus progressive (RBP) A progressive configuration that can increment and pay on up to x levels of winning combinations, rather than just the top and second level. reel stop A single position - a symbol or blank space - on which a reel stops in the outcome of a slot game. Traditional mechanical reels had 22 or 25 reel stops. Computerized slot machines have simulated, "virtual" reel stops. reel strip A set of symbols on a slot reel. top scatter pay A winning combination in which the individual jackpot symbols are not required to line up for the bonus round. second-screen bonus A bonus game in which the reels disappear and a new scene is presented to the player for the bonus round. self test mode The software mode that allows processor board input and output tests and enables option selections. slot club (also players club) A promotional club using player identification cards to electronically track the amount of money wagered by each member, for the purpose of rewarding loyal players through cash rebates, complimentary meals and services and special members-only events. slot game A type of machine that utilizes spinning slot reels or a video simulation of reels. A win occurs when reel symbols line up in a specified manner. slot handle Optional handle located on the right side of a slot machine. Pulling the handle after a wager causes reels to spin. slot reel The part of a slot machine that holds one reel strip and spins. Machines generally have three or more independant slot reels. slot tournament A special event in which players compete for preset cash prizes on specially programmed slot machines, receiving points for accumulated credits. stand The wood or metal base, housing the drop box, to which a standard upright machine is attached. top takeout percentage Casinos generally report handle for slot operations and in slot revenue accounting the percentage of win to handle is known as "takeout percentage". theoretical payback The percentage result of a formula programmed into a slot machine's computer which, by the laws of mathematicel probability represents the average amount of all wagers returned to players via jackpots. tilt Error in machine operation that suspends game play. Tilts can be caused by hardware or software problems and must be corrected before game play can continue. TITO - Ticket In / Ticket Out refers to the use of redemption vouchers (tickets) in electronic gaming machines equipped with printers and interfaced with a ticketing system, whereby the gaming machine dispenses an individually identifiable cash out voucher (ticket) that may be redeemed either at the cash desk or at a purpose-built automated teller machine, or may be inserted into any of the connected gaming machines for continued play. tokenization The use of multicredit tokens in place of coins in slot machines. top box An enclosed area at the top of the machine that typically contains a light box and display glass, a candle and/or various optional assemblies. top virtual reel technology The system used by all modern slot machines that enables computerized selection of reel results. Also known as the "Telnaes patent" (named for its inventor), the method involves assigning a series of different numbers in a computer program to any one given combination of reel symbols, indefinitely expanding the universe of numbers from which a game outcome is chosen by a random number generator. It is a computer simulation of a physical reel that is perhaps a mile long. volatility The ratio of size versus frequency of jackpots in a slot game. |
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