The history of slot machine started in 1891 when Sittman and Pitt of New York, USA have developed a gambling machine, which contains five drums holding a total of 50 card faces. The machine will work if you insert a nickel and pull a lever to spin the drums and the cards. In order to win, the player just hopes for a good poker hand. During this time, there was no direct payout mechanism. A pair of kings might get the player a free beer; a royal flush could pay out cigars or drinks. Prizes are dependent on what was on offer at the local establishment.
Charles Fey was believed to invent the first one-armed bandit back in 1895. He devise with a machine with three spinning reels containing a total of five symbols, which include horseshoes, diamonds, spades, hearts and a Liberty Bell. Aside from that he devise with an effective automatic payout mechanism. Liberty Bell is the name of the machine, originally had a bell that rang when you hit a winning combination.
There was also an early machine with the popular cherry and melon symbols, which gave out winnings in the form of fruit flavored chewing gums. Money Honey was believed to be the first fully electromechanical slot machine developed by Bally in 1964.
