A slot is a slit or narrow opening, especially one for receiving something, as a coin or paper. See also hole, slit, and gap. (journalism) The position or job of chief copy editor: He had the slot for 20 years.
A casino game that pays out credits based on a combination of symbols lined up on the machine’s pay line. The probability of winning a particular combination is described by the game’s pay table, which can be found above and below the spinning reels or within the help menu on video machines. Some machines have wild symbols that can substitute for other symbols to complete a winning line.
In the game of blackjack, a “hot” slot is one that has been paying out frequently in recent history. This can be an indicator that the slot is due to hit soon.
On the other hand, low volatility slots don’t win often but when they do the payout is usually large. This type of slot is often referred to as a high-risk/high-return machine.
A slot is a dynamic placeholder that waits for or calls out for content from the repository. Its contents are dictated by a scenario using either an Add Items to Slot action or a targeter. The slot is a container for these items and has several properties that affect offer management. These are explained in the Using Slots chapter of the ATG Personalization Programming Guide.