A slot is a narrow opening into which something can fit. For example, letters and postcards can be inserted into mail slots at post offices. In computers, a slot is an area where an add-on card can be inserted to expand a computer’s capabilities. The term also refers to a position in an activity, such as the high slot in hockey where a defenseman can take a blistering slap shot. A slot can also refer to a time period, such as the time between two meetings in a workday.

While there are many facts about slot machines, there are also thousands of myths that have been passed down through the generations like old wives tales. The truth is, like all casino games, slots are based on probability. But there are a few strategies that can help you avoid losing more than you can afford and maximize your chances of winning.