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A slot machine (1- armed bandit) before we talk about mabs, we need to understand what a 1-armed bandit is. A slot machine that you see in a typical casino is another name for the 1-armed bandit. The optimal cumulative reward for the slot machine example for 100 rounds would be 0. 65 * 100 = 65 (only choose the best machine). But during exploration, the multi-armed bandit also chooses the other machines. So the cumulative reward could be 0. 65 * 60 + 0. 16 * 15 + 0. 21 * 25 = 46. Some variations, called buy-your-pay slots, won’t allow you to win certain amounts or activate certain features unless you increase your coin value. 2 by 2 gaming. Gameroom show sells pre-1940s vintage slot machines in excellent, working condition. These rare antique slot machines are also known as “one-armed bandits” because they were originally operated by one lever on the side of the machine as opposed to a button on the front panel, and because of their ability to leave the gamer impoverished. 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