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Slot machine is a casino gambling machine with three or more reels which spin when a button is pushed. Slot machines are also known as one-armed bandits because they were originally operated by one lever on the side of the machine as distinct from a button on the front panel and because of their ability to leave the player impoverished or in debt and because bandit can be a synonym for "thief" in modern usage.

Slot machines include a currency detector that validates the money inserted to play. The machine pays off according to patterns of symbols visible on the front of the machine when it stops. Modern computer technology has resulted in variations on the slot machine concept. Slot machines are the most popular gambling method in casinos.

A person playing a slot machine purchases the right to play by inserting coins, cash, or in newer machines, a bar-coded paper ticket, into a designated slot on the machine. The machine is then activated by means of a lever or button, or on newer machines, by pressing a touchscreen on its face. The game itself may or may not involve skill on the player’s part — or it may create the illusion of involving skill without actually being anything else than a game of chance. The object of the game is to win money from the machine.

The game usually involves matching symbols, either on mechanical reels that spin and stop to reveal one or several symbols, or on a video screen. The symbols are usually brightly colored and easily recognizable, such as images of fruits, and simple shapes such as bells, diamonds, or hearts.

In the last few years, new slot machines commonly known as “multi-denomination” have been introduced. In a multi-denomination slot machine, the player can choose the value of each credit wagered from a list of options. Based upon the player’s selection, the slot machine automatically calculates the number of credits the player receives in exchange for the cash inserted and displays the amount of available credits to the player. (For example, a player could choose to wager one dollar per game on a nickel slot machine.) This eliminates the need for a player to find a specific denomination of a particular slot machine; they can concentrate on simply finding the machine and setting the denomination once they decide to play.