The online casino industry is valued at almost $50 billion. But did you know that 70% of the profits of most online casinos like NoviBet come from the slots? That’s right—the slots primarily drive the whole online casino industry.
If that information impresses you, here are 5 other facts and trivia about online slots that you might not know about:
- Slots are always random.
Some players believe that slots have predetermined sequences that could tell you how many pulls of a lever or pushes of a button would lead to the jackpot, or that some slots can be controlled to give you your desired outcome. However, whether online or traditional, slots are always random. In fact, they use random number generators which ensure that each round is independent from previous spins.
- The biggest jackpot won in an online slot machine is €17,879,645.
A man named Jon Heywood from Cardiff in the United Kingdom won €17,879,645 in 2015. He was playing on the Mega Moolah slot machine by the developer Microgaming when he hit the jackpot. This is the biggest online slot machine win in the world. And he had been playing for only 7 minutes—the odds were truly in his favor!
- The slots have different nicknames around the world.
In Australia and New Zealand, people call a slot machine “pokie” which comes from the term “poker machine.” In Scottish English, it’s called a “puggie.” In British English, it’s a “fruit machine.” Other parts of the world also call it a “chewing gum dispenser”, a “one-armed bandit”, and the “Big Bertha” which is also the name of the biggest slot machine in the world—the Big Bertha had eight reels!
- The first slot machine in the world is called the Liberty Bell.
It’s an obvious fact that online slots came from traditional slot machines that you would find in land-based casinos. Well, the ancestor of them all is called the Liberty Bell, which a man named Charles Fey created between 1887 and 1891. The first variation only had three reels and a short lever on the right side to start a spin. It required a nickel for a bet, and the payouts range from 5 cents to 50 cents. You will now find this machine displayed at the Liberty Belle Saloon in Reno, Nevada.
- The first online casino software was launched in 1994.
Before Meg Ryan and Tom Hanks started sending e-mails to each other in “You’ve Got Mail” and before the Y2K bug scared computer users all over the world, Microgaming launched the first online casino software in 1994. Since then, more and more companies have designed, created, and provided software solutions for online casinos. Currently, there are more than 150 companies around the world that offer online gambling software solutions, enabling the multi-billion-dollar industry of online casinos.
These have been five interesting facts and trivia about online slots. Though these are mostly from the past, new online gambling software developments are being released, so who knows what happens in the next few years or so? If you’re a fan of the slots, keep an eye out because more exciting things might happen in the near future.