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Online slots carry a reputation for being extremely risky. They evoke visions of players risking house and clothes just to spin the virtual reels.
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That said, some gamblers avoid these games like the plague. They don’t want to become the next person to lose everything through slots.
But are internet slot machines really this hazardous? Or is their risk blown completely out of proportion by the general population?
The following guide discusses the true risk factor behind online games. It also covers ways that you can play internet slots in a rather cheap fashion.
Why Online Casino Slots Get a Reputation for Being Risky
Real money online slots haven’t drawn their perilous reputation on thin air. Instead, these games feature certain elements that can make them quite risky. Here are the key aspects to watch out for when you play these games.
Volatility
Volatility alludes to how likely a casino game is to deliver short-term winnings. If a game presents low volatility, then it will see you win quite often. The drawback, though, is that it won’t offer as big of wins.
A game with high volatility, meanwhile, will pay less frequently. The upside is that it will deliver larger payouts and/or more features.
Even when a game features hundreds or thousands of paylines/ways, it might not pay out for several spins in a row.
There’ll also be times where these games provide lots of tiny payouts that don’t even equal your bet size. In either case, you’re taking greater risk due to the high volatility.
Large Maximum Bets
Most internet slots feature of a wide betting range. The average online game presents a minimum bet worth $0.20 and a maximum wager worth $100.
Most gamblers like sticking with the lower end of this spectrum. They fully realize that slots games move fast and can quickly drain their bankroll during in a dry spell.
However, some bettors get carried away and jack up their wagers. They want to maximize their win potential in case they hit a jackpot.
The latter scenario isn’t so bad when a player has thousands of dollars to play slots with. However, it becomes a problem when one only has a few hundred spare dollars.
Fast Game Speed
Online slots move at a rapid pace compared to most other casino games. You can easily spin the reels 500 times or more in an hour.
Slots, meanwhile, don’t require much—if any—thought. You just need to select the appropriate betting options, and you’re good to go until you change your mind.
The quick play rate of slot machines makes for exciting action. However, it also pits you against the house edge more.
Here’s an example to show how more spins cause more theoretical losses:
- You spin the reels 500 times per hour.
- You bet $2 per spin.
- The house edge is 4%.
- 500 x 2 x 0.04 = $40 in theoretical losses
Normally, $2 wagers are nothing in the gambling world. You might only be facing a few dollars in theoretical losses with this bet size.
But the speed of slot machines can accelerate your theoretical losses. This situation becomes even more troublesome when you’re hypnotized by the reels (see later).
Buy Bonus Feature
Buy bonus is a betting option that’s come about within the past few years. It enables gamblers to immediately purchase a bonus round for a multiple of their stake.
Here’s an example:
- You’re betting $1 per spin.
- You’re getting tired of playing the base game.
- You activate the buy bonus option.
- Buy bonus costs 80x your stake in this particular slot.
- You must wager $80 total to activate the feature.
Not every developer provides this option. However, some of the hottest slots producers are allowing players to immediately purchase bonuses.
This decision pays off when you experience a great bonus round. However, it hits your bankroll really hard when you don’t win much.
Hypnotizing Play
Online slots have a way of making you forget your surroundings. They feature quick play and exciting animations and sound effects when you win.
Developers make slots this way for a reason. They want you to think that you’re winning big no matter if the payouts are large or small.
You should pay attention to each prize to see if it’s actually worth more than your original bet. After all, you don’t want to fall for losses disguised as wins (LDWs).
The latter refer to wins that aren’t actually wins in terms or pure profit (e.g. $0.50 payout on $2 spin). However, you may have trouble separating LDWs from real wins based on the fast game speed.
Internet Slots Don’t Have to Be So Dicey
Based on everything covered above, you may think that the odds are heavily against you in online sites. The volatility, fast game speed, and large potential bets all increase the risk factor.
However, you don’t have to take on incredible risk when playing online slots. In fact, these games are actually set up to let you play relatively cheaply.
By using the tips covered in the next section, you can enjoy internet slots with a smaller bankroll. You just need the right know-how and some discipline.
Of course, the latter is hard to come by in some cases. You may be especially tempted to play more slots than you should when stuck in a losing streak.
Again, though, you can avoid such scenarios with the correct knowledge. When sticking with a plan, you’ll be less likely to lose serious money with online slots.
5 Ways You Can Reduce the Online Slots Risk Factor
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Internet slots will never be anything close to risk-free. Nevertheless, you can still chase large prizes without betting the farm thanks to the following tips
1 – Play Less Volatile Games
The big attraction to volatile slots is that they offer more features and/or a larger maximum prize. For example, a highly volatile game might provide multiple bonuses and a top prize worth 40,000x your stake.
That said, you might consider less-volatile slot machines—especially when dealing with a smaller bankroll. Low-volatility games offer more-consistent payouts.
Some online slots provide a volatility rating. In the absence of this rating, you can judge the volatility by considering how many bonuses there are and what the maximum prize is worth.
2 – Find Slots With High RTP
Return to player (RTP) doesn’t have as much bearing on your short-term winnings as volatility does. Nevertheless, it plays a small role in how much you can immediately expect to win.
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Simply put, games with higher RTP are more likely to pay you extra money. A slot with 97% payback, for example, is more generous than one with 95% RTP.
Most internet slots provide their payout percentages within the information/help screen. If you don’t find the RTP here, you might try googling this information for a specific slot.
3 – Make Sure You Never Bet Too Much Money
The biggest mistake that you can make with slots, or any type of gambling, involves betting more than you can afford. You should never risk money that’s meant for more-important areas of life.
That said, you really want to go through your finances before playing online slots and figure out how much you can afford to lose. If you can only afford a $50 bankroll, then you should stick with this amount.
Of course, you may be able to increase your bankroll by steadily saving money on the side. But in the beginning, you certainly want to stick with a predetermined budget.
4 – Don’t Use the Buy Bonus Feature
Buy bonus is tempting when you’re tired of playing the main game and simply want to skip to free spins, or whatever feature is available. These rounds offer the biggest payouts and most excitement.
However, you pay a hefty cost to purchase the bonus. You typically must spend anywhere between 60x and 100x your stake to activate a feature.
The problem with buy bonus is that it forces you to make a large single bet. You could very easily lose most of the amount you risk if the feature doesn’t produce much.
5 – Take Frequent Breaks
As covered earlier, slots can hypnotize you with their animations, exciting sound effects, and LDWs. Therefore, you may find it difficult to pull yourself away from the reels.
But it’s imperative that you take breaks every now and then. These breaks will slow down your play rate and provide time to think about whether continuing to play is a good idea.
The latter is especially important. Many gamblers lose too much on slots because they get sucked into the games and don’t think about potential losses.
Conclusion
Slots might seem like the riskiest games at internet casinos on the surface. However, they don’t have to be this way.
You can lower the risk factor just by taking a few precautions. Most notably, you should place bets that you can comfortably afford.
Don’t think about placing high wagers just to win bigger prizes. Instead, you want to focus on making bets that better align with your bankroll. Additionally, you should avoid buy bonus if you aren’t a wealthy slots player.
Online slots offer no guarantees. Therefore, you want to guard yourself with reasonable bets just in case the slots aren’t being generous on a particular day.
Online slots are perhaps the most popular option when it comes to digital casino content. If you are new to online casino gaming, you may be wondering if it is safe to play on the internet. The answer is yes, but you must know where to do so.
Legit online slots are secure games produced by top-rated software developers that provide fair gaming for everyone. By joining reputable gambling sites, you can rest easy, knowing that you are playing at a website that is trusted and secure. Check out more details below, including where to find the best options.
Are Online Slots Legit?
Yes, online slots are legit. They use a Random Number Generator (RNG) to determine the outcome of the game. The software ensures that the symbol combinations are entirely random. There is no way the gambling site can a player’s spin and determine the outcome, which makes them a legit casino game.
The Best Legit Online Slots
Here is a list of the best legit real money online slots available at reputable providers. These games are fun, featuring unique themes and enticing features. Find out below why these games made it to our top-choice list.
Created by RealTime Gaming, this slot features an exciting cops and robbers theme. Join in with the robbers as they try to open vaults for big prize wins. Three scatter symbols open the Vault Feature, where you must input the right code to win free games!
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In Cash Bandits 2, you must help the robbers as they stick up banks to see what you can uncover. Earn up to 190 free games with the special Vault feature plus a 17x multiplier! The slot has a progressive jackpot as well for even more ways to win!
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Faerie Spells has a beautiful mystical theme, featuring fairy creatures. Find the lovely Faerie Queen on the reels, and you will activate a special free spins round. Move on to the bonus round, and you have the opportunity to activate one of four progressive jackpot prizes!
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Take the Bank features a cops and robbers theme too. As you spin the reels, bombs are collected. After sets of 10 spins, the bombs will explode and can lead to big wins.
Earn free spins to increase your winning chances. This game has an RTP of 96.08%, which means plenty of potential to see a return on your investment! You can play it at Wild Casino!
In Reels of Wealth, the reels are filled with wealth, from gold to precious wealth. A unique aspect is that every win provides a free re-spin. After the third re-spin, you can see wins multiplied, and the multiplier increases with consecutive spins.
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Top Legit Online Slots Casinos
Below are a few examples of the top legit online casinos where you can find these slot games.
One of the most popular casino sites offered to US players is El Royale. Here, you will find a long list of legit online slots, including classic titles, progressives, and more.
There’s something new to explore each time you log on. The site makes it easy for you to start real money gaming with bonuses that help you earn free spins on games as well as bonus cash. Sign up and get a Welcome Offer of up to $12,500!
Las Atlantis
Las Atlantis is a perfect casino to consider when you hunt for safe online slot games. With a long list of titles from the best providers, you will have no trouble finding one with a unique theme and features.
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Super Slots
At Super Slots, you are bound to find an extensive list of slot games, including immersive Betsoft titles.
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Wild Casino is no stranger to quality online slot gaming. You can find numerous titles, including popular Betsoft Gaming releases.
As a new member, you can access a premium Welcome Promo up to $5,000 along with additional incentives, including the Slots Stampede. Every game is fair with secure real money gaming software.
BetOnline
You will find a secure gaming environment with the best online slot games at this casino, including Betsoft Gaming titles. BetOnline is known for adding titles for quality online gaming.
As a new player, you have access to a Welcome Bonus up to $3,000and secure banking methods!
Why Should You Play Online Slots at Legit Sites?
Positive Reputation
When playing at reputable online casino sites, you can rest easy knowing they have a positive reputation. Games will be fair, and payouts provided quickly from wins.Real Money Gameplay
Legit sites also make it easy for you to play real money. They use trusted banking methods for deposits and withdrawals.Wide Games Selection
Sites with a quality reputation will offer awide selection of games. You will find all types of slots on offer, including classic titles, progressives, and more.Safety and Security
Top-rated online casinos offer secure gaming, including their slot titles. Games use RNG, so the outcomes are random and fair.
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Get started playing legitimate online slot games today by visiting any of our recommended casino sites. Each brand provides a quality gaming experience, with premium titles from the best software companies like Betsoft and RealTime Gaming.
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Legit Online Slots FAQ
Check out the most frequently asked question about legit online slots.
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Yes, it is completely safe to play online slots. But, you must be playing at a reputable site, where legitimate software companies provide games.
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Yes, online slots are legit. They use a Random Number Generator (RNG) to determine the outcome of the game, which guarantees game fairness.