Here’s an encyclopedic-like page of terms used in the slot industry.
Any Way Pay/Reel Power/Multiway
Basic Slots: Basic slots, or straights as they are sometimes known, are slot machines that have one single payline and a static jackpot or a jackpot amount that does not change as progressive jackpots do. Bet: The total amount of money wagered on any spin.
Visual Basic Slot Machine
Slot Machine Terms And Basics 3rd Edition
These games don’t use paylines to determine wins, instead allowing any pattern of adjacent symbols to win. Visit our article on Any Way games for more information.
Local Progressive
A local progressive is a jackpot that is competed for in a single casino. A bank of slot machines may still be competing for the same jackpot. Casinos usually pay out local progressives. See Wide-Area Progressive.
Wide-Area Progressive (WAP)
A wide-area progressive is a large jackpot that is competed for between several casinos. These are typically the huge amounts, in the several hundred-thousand or millions of dollars. Slot manufacturers typically pay out the wide-area progressive wins instead of the casino.