A narrow notch, groove, or opening, as a keyway in machinery or a slit for a coin in a vending machine. Also: a position or place in a sequence or series, as of jobs or tasks. (From Middle English slote, from Old Norse sklota; compare Dutch sleutel.)
In the world of gambling, a slot is one of many symbols that appear on the pay table of a machine and indicate how much a player might win if they hit a specific combination of them. Typically, the symbols on a slot game fit into a theme and are clearly labeled to make them easy for players to understand.
Flow management slots are allocated at each airport by EUROCONTROL to manage traffic when the runway capacity is constrained. This approach has proven to be very effective, resulting in huge savings in flight delays and fuel burn.
When it comes to progressive jackpot games, the most important thing to know is that a percentage of each bet is diverted toward increasing the size of the jackpot. This amount is separate from the regular payback percentage, and is added to the jackpot every time a player hits a winning spin. It is not uncommon for these jackpots to become quite large, but it is important to remember that they are not guaranteed to pay out. In fact, they are often less likely to pay out soon after resetting than other slot games.