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In a Slot Pull, a team of people invest equal amounts of money into a single slot machine, and each take an equal number of pulls. At the end, the money remaining in the machine is divided among the players.
Usually, it involves people pooling their money to play high-limit slot machines. Players take turns to spin the reels, and because everybody contributed the same amount of money, whatever wins or losses are generated are shared equally among members of the group.