A slot is a slit or narrow opening, especially one for receiving something, such as a coin or letter. It is also used as a reference to an allocation of positions in a game, especially in sports, such as the unmarked area of the goal between the face-off circles on an ice hockey rink.
Frank Floor Talk: Slot Check
Slot is a system designed to provide players with detailed information about the payback percentages and jackpot frequencies of a specific slot machine. Its creators are hoping to revolutionize the way casino websites display slot information and allow players to make informed decisions about which machines they play.
The term “slot” is also used to refer to an expansion slot on a computer motherboard, such as an ISA (Industry Standard Architecture), PCI (peripheral component interconnect), or AGP (accelerated graphics port). A single slot can be configured to accept a variety of different cards. A slot card contains electronic circuitry that controls the transfer of data to and from the central processor unit (CPU), which is responsible for executing an instruction.
It seems that every time you have a great winning streak on a particular slot machine, it ALWAYS stops paying out and is deader than a Dodo bird. It is obvious that there is some sort of programming that makes the machine do this, but it is difficult to figure out what exactly is going on.