A slot is a place on an aircraft or in the air for a takeoff or landing. It is usually allocated by an airport or air-traffic controller. It can also refer to an individual position in a game, especially ice hockey, where it is an unmarked area near the opponent’s goal that affords a vantage point for an attacking player. The word is also used to describe an airline or other ticketing service’s allotment of seats on a flight: ‘I got a seat in the middle of the cabin on the left side of the plane, which will be a bit more uncomfortable but will give me a better view of the ground during the approach to the destination’.
In casinos, a slot is a mechanical machine that accepts coins or paper tickets with barcodes, and gives out credits depending on the arrangement of symbols and payout table. They may also have a theme and bonus features aligned with it. A modern slot has a computer system that randomly selects combinations of symbols and determines the value of the winning combination, often giving higher payouts for a single symbol than for multiples of it.
A slot machine’s “hold” is the small amount it pays out to keep a player seated and betting. This isn’t a controversial viewpoint, and it’s just math: if the machine holds more per spin, players with a fixed budget have to spend less time on machines to make their money last. However, some critics argue that increased hold degrades the overall experience of playing slots, by decreasing average time on machine.