Payout: Lotteries

1. Definition “Payout” refers to the process of receiving prize money by presenting a winning lottery ticket at an authorized location. It is the final step in the lottery process, following verification of a win. 2. Background and Mechanism In Japan, the payout process depends on the prize amount: All payouts must be claimed within … Read more

Expanding Wild: Slot

1. Definition An “Expanding Wild” is a special wild symbol in slot games that, upon appearing, expands vertically (and occasionally horizontally) to cover an entire reel. This feature significantly increases the chance of forming winning combinations during a spin. 2. Background and Mechanics Expanding Wilds are commonly used in modern video slots to enhance gameplay … Read more

Sticky Wild: Slot

1. Definition A “Sticky Wild” is a special wild symbol in slot games that remains fixed on the reels for multiple spins, rather than disappearing after a single spin like standard wilds. It enhances winning potential by staying in place through a series of spins or until specific conditions are met. 2. Background and Mechanics … Read more

Multiplier: Slot

1. Definition A Multiplier is a slot feature that increases payout amounts by a specified factor—such as 2×, 5×, or 10×. It boosts winnings either during the base game or special features like free spins or bonus rounds. 2. Background and Mechanics Multipliers are a popular mechanic in modern video slots, designed to add excitement … Read more

Bonus Round: Slot

1. Definition A Bonus Round is a special feature in slot machines that is triggered separately from the base game. It offers players additional chances to win, often through interactive or visually enhanced gameplay. 2. Background and Mechanics Bonus rounds are designed to increase engagement and excitement. They typically activate when specific symbols—like scatters or … Read more

Free Spins: Slot

1. Definition Free Spins are bonus rounds in slot machines that allow players to spin the reels a set number of times without using their own funds. They are typically triggered by specific symbols—often scatters—and offer the chance to win real payouts at no additional cost. 2. Background and Mechanics Free spins are one of … Read more

RTP (Return to Player): Slot

1. Definition RTP (Return to Player) is a percentage that indicates the theoretical amount of money a slot machine returns to players over time. For example, a slot with an RTP of 96% theoretically pays back $96 for every $100 wagered, based on long-term play. 2. Background and Mechanics RTP is a calculated average derived … Read more

Variance / Volatility: Slot

1. Definition Variance or Volatility refers to the degree of risk associated with a slot machine’s payout behavior. It indicates how often players win and how large those wins typically are. In simple terms: 2. Background and Mechanics Volatility is independent of RTP (Return to Player) and reflects how payouts are distributed over time. The … Read more