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For example, a slot machine game with a 96 percent RTP should theoretically pay out $96 for every $100 wagered. Since they typically provide better long-term value, players should seek out games withonline slots canada free higher RTP percentages. The slot game's volatility or variance is another important consideration. Players who love the rush of chasing huge wins can play high volatility slots because they typically pay out larger sums but less frequently. Low volatility slots, on the other hand, offer smaller wins more frequently, making them desirable to players who want a more consistent flow of winnings.

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Three spinning reels with five symbols—diamonds, hearts, horseshoes, spades, and a Liberty Bell—were featured on Charles Fey's 1894 invention, the first mechanical slot machine. Due to its lever-operated mechanism, this machine became known as the one-armed bandit.. In the 1970s, the first video slot machine was introduced, paving the way for the digital revolution in slot machine technology.