A narrow notch, groove, or opening, such as a keyway in a machine or a slit for a coin in a vending machine. Also: a position in a group, series, or sequence; a time slot (in aviation): an allocated, scheduled place and time for a plane to take off or land at an airport.
In a game of slots, the variance is the chance that a spin will result in a win. A low variance slot machine will give you a lot of chances to win small amounts, while a high variance slot will have fewer wins but larger jackpots.
Slot definition:
In an online casino, a slot is a window in which you can select the type of game you want to play. Once you have selected a game, you can enter the amount of money you wish to bet and then click ‘Spin’ to begin playing. A slot will remain active until you stop spinning or press the ‘Stop’ button.
Choosing the right slot for your bankroll is important. Different slots have different paylines and payouts, so it is a good idea to read the terms and conditions of each site before you make your choice. Some slots allow you to choose the number of paylines that you wish to wager on, while others will automatically bet on all available lines. In the latter case, you may want to increase your odds of winning by betting more credits per payline.