One-armed bandit


[wuhn-ahrmd] /ˈwʌnˌɑrmd/

noun, Informal.
1.
(def 1).
noun
1.
a fruit machine operated by pulling down a lever at one side

noun phrase

A slot machine (1938+)
A slot machine, as in It’s amazing how many people think they can make money playing a one-armed bandit. This term refers to both appearance and function: the operating lever looks like an arm, and the machine in effect robs players, since it “wins” and keeps the player’s money in an overwhelming majority of instances. [ c. 1930 ]

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