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PREVIOUS:Also, making a budget that includes both immediate & long-term financial objectives can guarantee that winnings are spent sensibly and sustainably. Slot machine history began in the late 1800s when Charles Fey created the Liberty Bell, the first mechanical slot machine, in 1895. This machine had three spinning reels with the famous Liberty Bell itself, diamonds, & horseshoes as symbols. To spin the reels, players would insert coins and pull a lever; if they landed on three consecutive Liberty Bells, they would win the jackpot, which at the time was 50 cents.NEXT:Opting for machines with greater payout percentages is a popular strategy. Often called Return to Player (RTP), these percentages show how much money a machine gives back to players over time. A machine with a 95 percent RTP, for example, will eventually pay out $95 for every $100 wagered. For the best odds, players should look for machines with RTPs higher than 90%. Effective bankroll management is an additional tactic.