A slot is an open or unoccupied position in a group, series or sequence. It can also be an opening for a device or activity. The term is often used in computer programming. A
A specialized form of slot is an air traffic management slot. These are allocated times for airlines to take off or land at congested airports, as authorized by the air-traffic control authority. Such slots are usually awarded to major international operators. Using them has resulted in considerable savings in delays and fuel burn, especially at airports like Heathrow and other busy airports in Europe.
Another type of slot is a machine that pays out winning combinations on the pay table area. This area can be displayed permanently on the machine or, mainly on touchscreen displays, be an interactive series of images that can be switched between to display all possible jackpot amounts. The size of these jackpots can vary from small to huge amounts. This type of slot is characterized by its high variance, meaning that it pays out smaller wins less frequently, but when it does, the amounts are much larger. For this reason, many people prefer these machines to low-variance ones, which tend to pay out smaller amounts more frequently. A player can choose which type of slot to play based on their preferences and budget.