A slot is a narrow depression or perforation; especially: one for receiving something. (Webster’s New World College Dictionary)
A holder for coins. Also: a position in a schedule or sequence. I have booked you for the 2 p.m. slot tomorrow.
Generally speaking, the more symbols that land in a winning combination, the higher the payout. This is displayed in the pay table of a slot game. This table will display all the regular symbols and their respective payout values as well as how the slot game works, such as how to trigger bonus features.
Before you start playing, decide how much money you’re willing to spend and stick to it. Don’t use any money that you need for rent or groceries to play slot, as this will only lead to irresponsible gambling habits. It’s also important to know your limit and when to walk away. Attempting to recoup losses or trying to make up for previous rounds is known as chasing losses and could lead to overspending or gambling beyond your means.
Some players are superstitious and believe there are certain days/times when a machine is more likely to pay out. I think this is a load of hogwash, but I know it’s important for some people.