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Many players focus on penny and nickel slots because they think they can win a big pay out from a small bet. But rarely can you find a machine that has a minimum total bet per spin of less than .25. Many penny machines have minimum wagers of $1.00 to $2.00 when you activate all of the pay lines and bet maximum coins.

But not everyone is looking for games they can play for pennies. Many people are looking for high limit slots. Slot machines for high rollers were introduced in high roller rooms in places like Las Vegas, but online casinos realized that many of these gamblers wanted to play online.

Now you can find plenty of online high limit slots. We cover everything you need to know about high limit slot machines below.

What Are High Limit Slots?

High limit slots have a different definition depending on who you ask. Some players consider any machine that has a bet per spin of $5 or more a high limit slot, while others think a $100 per spin machine is for low rollers.

It doesn’t matter what your definition is of a high limit slot machine. You can find machines that meet your expectations in land based casinos and online.

If you want to ply at higher limits than the ones offered at your favorite online casino, contact the support department and ask if they can offer a higher limit. If you have a long track record of play at the highest levels they offer, you might be able to get them to offer higher maximum wagers.

Advantages of Online High Limit Slots Play

The main advantage of playing high limit slots online is that online casinos can offer better pay back percentages for their machines than land based casinos. Every slot machine online doesn’t offer a higher pay back percentage than the ones in your local casino, but many do.

An online casino doesn’t have as much overhead as a land based casino, so they don’t have to make as much per game as your local casino.

The other advantages include not being forced to travel to find the slots games you want to play and having a wide variety of options. When you play online slots you have a choice of literally thousands of machines.

When you play in a land based casino they may offer over a thousand slot machines, but many of them are the same. Online casinos have more machines and many offer machines developed by different software companies in one place.

Where Can You Find High Limit Slots?

It used to be that if you wanted to find a high limit slot machine you had to travel to a land based casino in one of the large gambling areas like Las Vegas. But now you can play high limit slots offered by many online software platforms.

Almost every online casino has multiple slot machines offering bets of $5 to $10 per spin, and many have machines that accept bets from $100 to $1,000 per spin. You can even find special bonuses designed specifically for high roller slot players at many online casinos.

Each of our slot machine reviews lists the maximum bet per spin, so you can quickly see if a machine meets your needs. Here’s an example:

Wings of the Phoenix by Konami has a maximum bet per spin of 225 € £ $. The reviews also list the coin value range, number of pay lines, and maximum number of coins per line. You can quickly determine the minimum and maximum wagers available by looking at these numbers when reading the reviews.

Bankroll Considerations for High Limit Slots

It’s easy to figure out how much money you need to play high limit slots. In order to determine how big your bankroll needs to be to play slots you need to know the following things:

• How much you bet per spin
• How many spins you take per hour
• How many hours you want to play
• The house edge for the slot machine you’re playing

You won’t always know the house edge for the slot machine you’re playing so you can use an estimated edge. If you can find the details about the slot machine it usually is stated as a payback percentage. To get the house edge, you subtract the payback percentage from 100%.

If you don’t know the house edge, we suggest using 5% and 10%. This gives you a safe range that includes the house edge of most popular slot machines.

To calculate your bankroll needs use the following formula:

Amount you bet per spin times the number of spins you take per hour times how many hours you want to play times the house edge.

Here’s an example:

If you bet $10 per spin and take 300 spins per hour and want to play for 10 hours on a machine that you don’t know the house edge on here’s the calculation:

Using a 10% house edge:

$10 X 300 X 10 X 10% = $3,000

Using a 5% house edge:

$10 X 300 X 10 X 5% = $1,500

When you bet $10 per spin at 300 spins per hour you’re wagering $3,000 per hour. Your loss or win rate will vary every time you play. These calculations provide your expected loss on average. In other words, if you play long enough using these numbers, these are the average results you can expect.

In this example, you should expect to lose between $150 and $300 per hour on average.

Here’s an example using a known house edge:

You bet $100 per spin and take 200 spins per hour on a machine with a 3.5% house edge. You want to play for five hours.

$100 X 200 X 5 X 3.5% = $3,500

Notice that the equation has four parts. Changing any of the four parts changes your expected loss. If you want to be able to play longer on the same bankroll you can play for less per spin, play fewer spins per hour, or find a machine that offers a lower house edge. Or you can combine two or three of these things to extend your bankroll more.

One place where many slots players hurt their ability to play longer is taking too many spins per hour. It’s possible on some machines to take as many as 400 to 600 spins per hour. But you don’t have to play as fast as the machine will let you.

Slots designed for high rollers offer the chance at hitting huge pay outs, but can also quickly diminish your bankroll. Depending on your definition of high limit slots, you can find many slot machines available online that have maximum bets per spin of $100 or more.

The great thing about slots is that you can choose the stakes you’re comfortable playing. You can bet as little as a penny or as much as $5,000 per spin. Most players opt for games that allow them to wager the bare minimum. You can find a great deal of online slots that let you risk just one cent per spin ($0.01 on one line).

Betting a small amount on slots allows you to extend your play further. Small wagers are also attractive when you don’t have a very large bankroll. Of course, many casinos allow players to bet more on slot machines. Las Vegas, Atlantic City, and other casino destinations are famous for their high roller machines.

But what exactly is the purpose of wagering more on negative expectation games? I’ll cover 9 reasons why people are attracted to high stakes slot machines. But first, I’m going to discuss exactly what constitutes high stakes play.

What Defines High Stakes Slots Play?

High limit slot machines aren’t defined by a specific dollar amount. Instead, this is a subjective matter that can vary based on opinion. Online low rollers who are used to playing 25 lines for $0.25 might consider anything else to be a high stakes slot. Meanwhile, those who risk $25 or more per round will have a much different take.

Personally, I feel that any slot machine requiring you to wager $3 or more per spin borders on high stakes play. Considering that there are land-based slot machines with $5,000 minimum bets, there’s a big gap here. But many players will find that $3 bets and above can get expensive.

Here’s an example to illustrate my point:

• You play a land-based progressive slot machine with 300 paylines.
• You’re required to bet one penny on all 300 lines ($3 total).
• Return to player (RTP) is 88% (12% house edge).
• You perform 600 spins in an hour.
• 600 x 3 = $1,800 in hourly bets.
• 1,800 x 0.12 = $216 in theoretical losses.

If you play this slot machine for five hours, you’d theoretically lose $1,080. Many players consider this a very expensive night of gambling. Of course, I mentioned before that high stakes slots play is subjective. You may have a totally different definition, such as games with $25 bets or more.

Whatever the case may be, it’s clear that some slot machines cost more than others to play. I’m now going to explore all the reasons why you should consider betting more on slot machines.

1 – You’ll be Eligible for Better VIP Rewards

Increased loyalty rewards are one of the most-exciting parts about playing high limit slot machines. Casinos are willing to offer more VIP benefits to their top customers. Playing higher stakes means that you’ll rack up extra loyalty points. Therefore, you move up the VIP latter faster and become eligible for better comps.

RFB players, on the other hand, are afforded the best comps that the casino offers. They usually get a nice hotel suite, fine dining, and liquor on the house. The biggest high rollers can also make special requests, such as limousine transportation, a private gambling room, and their choice of nightclub tables. Online casinos can’t give out cool comps like hotel rooms and lobster dinners. But they still offer their players plenty of incentives, including cashback, free spins, and deposit bonuses.

High stakes online slots players earn points at a faster rate, thus making them eligible for a higher cashback rate. Here’s a comparison between what a low-level and high stakes player might receive:

• An online casino allows players to exchange 100 points for $1 cashback.
• Level 1 players earn 1 point per $10 wagered.
• 10 x 100 = $1,000 must be wagered per point
• 1 / 1,000 = 0.1% cashback rate for Level 1
• Level 5 players earn 1 points per $5 wagered.
• 5 x 100 = $500 must be wagered per point
• 1 / 500 = 0.2% cashback rate for Level 5

The high roller is likely to lose more money due to their increased betting volume. But they’re also receiving a larger percentage of money back due to their higher loyalty status.

2 – Some Progressive Jackpots Require Larger Bets

Many popular progressive slot machines in brick-and-mortar casinos require you to bet at least $3 per spin.This leaves you risking between $1,500 and $1,800 at a normal hourly play rate.

Plenty of gamblers are perfectly fine with this as long as they get to spin for life-changing jackpots and/or play their favorite games. Others, however, are worried about losing their bankrolls in a short amount of time at this pace.

I went through an example that showed how you can theoretically lose $216 per hour playing a $3 game. Of course, potential losses only increase from here when moving up in stakes. Certain land-based casinos offer high stakes rooms with minimum bets ranging anywhere from $5 to $5,000. Few people can afford to play the $5k games, but it still gets pricey playing slots with $100 stakes and above.

The good news is that the same slot machines normally offer higher RTP. But you’re facing greater theoretical losses on these games.

Here’s an example on how much you could potentially lose:

• You’re playing a slot machine with a $100 minimum bet.
• The game offers 95% payback (5% house edge).
• You perform 600 spins per hour.
• 600 x 100 x 0.05 = $3,000 in theoretical losses per hour

You certainly don’t want to play these slots with a limited bankroll. But well-funded players like risking more to make the payouts worth their while. Therefore, the $3k in hourly losses could easily turn into profits worth $3k or more.

3 – High Stakes Are More Thrilling

I’ve covered plenty on how high stakes slot machines can lead to bigger losses. But you also have to consider the reverse in that they offer the potential for bigger payouts. Many players get more thrills out of having the chance to earn bigger prizes. This is especially true of high rollers who aren’t excited about playing for pennies.

Even players who don’t have five or six-figure bankrolls still enjoy betting more per spin. They’d rather go for the big payouts than make their bankroll lasts longer. Slot machines are all about entertainment. So if you get more excited when playing for higher stakes, then by all means do it.

4 – You May Be in a High Stakes Slots Room

Brick-and-mortar casinos offer high limit rooms for players who want to get away from the normal crowd and gamble in luxury. High stakes rooms typically feature more-comfortable seating, posh furnishings, and extra attention from the cocktail waitresses and other staff members.

You’ll only find bets worth thousands of dollars in certain Vegas Strip casinos. But many other gambling establishments at least feature stakes worth up to $100 in their high-roller area. You pay a price for gambling in luxury, because you won’t have the option to use penny slot machines in these rooms. Instead, you’re likely looking at a $5 or $10 minimum bet.

Here’s an example of potential theoretical losses if you make the minimum wager in a high stakes area:

• You play a slot with a $10 minimum bet.
• The game offers 95% RTP (5% house edge).
• You perform 600 spins per hour.
• 600 x 10 x 0.05 = $300 in theoretical losses per hour.

5 – You Can Win Larger Fixed Prizes

Having the ability to win larger payouts is the main reason why people jump on high stakes slot machines. Slots multiply payouts based on your line bet. For example, a 25-coin payout would be worth $0.25 if you’re only wagering a penny per round.

This same payout will be worth $125 if you’re betting $5 per line, which gives you a far more to be excited about. Of course, most big gamblers aren’t worried about a larger average payout. Instead, they’re focused on hitting a bigger top prize when they bet more.

Here’s an example on how larger wagers can change the dynamic of a top fixed payout:

• A slot machine’s highest fixed payout is worth 100,000 coins.
• You win the payout while betting $0.01 per line.
• 100,000 x 0.01 = $1,000 win
• You win the payout while wagering $5 per line.
• 100,000 x 5 = $500,000 win

If you’re not comfortable betting this much per line, then you can find plenty of online slots that give you a chance to win big progressive jackpots for a small wager. The drawback, though, is that you have smaller odds of winning these jackpots. Casinos make the odds longer, because they’re not earning as much off your small wagers.

6 – Scatter Payouts Are Worth More

Scatter symbols can pay even when they don’t all land in the same payline. These scatter payouts are either worth a multiple of your total wager or line bet.

Here’s an example on how much large scatter prizes can be worth based on a multiple of your total wager:

• You bet $1 on 30 pay lines ($30 total).
• You land three scatter symbols and qualify for a 5x payout.
• 30 x 5 = $150 prize

Imagine if you’re only wagering one penny on each line ($0.30 total) in the scenario above. You’d win just $1.50 (5 x 0.3) instead of the $150 payout.

Scatter prizes only get better when you’re able to land five symbols. In these cases you can win anywhere from 100x to 1,000x your bet depending upon the game. Hitting a 1,000x scatter payout on a large bet is basically like winning a jackpot. In the example where you’re making a $30 total wager, a 1000x scatter prize would deliver you $30,000.

7 – Random Progressive Jackpots Are More Likely to Hit

A random progressive jackpot differs from standard jackpots in that it doesn’t require a minimum bet or specific payline combination. Instead, these prizes pay out randomly regardless of your wager size or wins/losses.

Random progressives are exciting for low rollers who don’t have the bankroll to wager anywhere from $1 to $3 on larger progressive slot machines. But many of these same gamblers don’t realize that their chances of winning the jackpot improve when they make bigger bets.

You don’t necessarily have to play high limits just to experience this benefit. Rather than wagering one cent per line, you could instead bet $0.25 and have a stronger chance of hitting the random progressive prize. But a high roller who’s willing to risk several dollars or more per spin has a built-in advantage when it comes to hitting the jackpot.

8 – Your Free Spins Will Pay Higher

Free spins are the most-common bonus in slots. You typically trigger free spins by landing three or more scatter symbols anywhere on the reels. Your free spin payouts are based on the size of your line bet. If you trigger this bonus by betting $0.05 per line, then your free spin payouts will be multiplied by a nickel.

Here’s a comparison on how much more you’d stand to win with free games based on a higher triggering bet:

• You earn free spins while betting $0.05 per line.
• You win a combined 5,000 coins through all of your payouts.
• 5,000 x 0.05 = $250 win
• You earn free spins while betting $3 per line.
• You again win a combined 5,000 coins during the bonus.
• 5,000 x 3 = $15,000 win

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Wagering more per line doesn’t make you any more likely to get free spins. Furthermore, all payouts will proportionally increase along with the size of your bet. But high stakes players are more excited whenever they trigger this bonus due to the fact that they have an opportunity to collect larger prizes.

9 – You’ll Clear Welcome Bonuses Faster

Online casinos offer welcome bonuses to new players. These usually consist of a deposit bonus and possibly free spins.

Terms and conditions must be met before you can withdraw money. One of the most important terms is wagering requirements (a.k.a. playthrough), which refers to a multiple of the bonus that must be wagered before withdrawing your earnings.

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Here’s an example of how wagering requirements and internet casino bonuses in general work:

• The casino is offering a 100% match bonus up to $200.
• You deposit $100 and become eligible for a matching $100 bonus.
• Playthrough is 40x the bonus.
• 40 x 100 = $4,000 must be wagered

Most players consider wagering $4,000 a lot when trying to unlock their bonus. It does take a while to bet this much when you’re only risking $0.25 per spin.

High rollers, on the other hand, can unlock their bonuses rather quickly. Here’s a comparison between how fast a low and high roller would unlock their money:

• 4,000 / 0.25 = 16,000 spins for low roller
• 16,000 / 500 spins per hour = 32 hours for low roller
• 4,000 / 5 = 800 spins for high roller
• 800 / 500 = 1.6 hours for high roller

One important point worth noting here is that most online casinos include a maximum bet in their conditions. For example, your bonus offer could be nullified if you place wagers worth $50 or more.

Casinos do this to ensure that players don’t just making big bets to get their bonus money as quickly as possible. In any case, you need to read the terms and conditions carefully to ensure that you don’t wager any amount that would nullify your offer.

You can see that high stakes slots players enjoy a number of advantages that low rollers don’t. Most of these benefits revolve around winning bigger prizes and receiving preferential treatment from casinos.High rollers really get the red-carpet treatment at land-based casinos. They can receive anything from limo transportation to penthouse suites. They’re also privileged to bigger potential regular wins, stronger chances of winning random progressive jackpots, collecting larger bonus prizes, and clearing deposit bonuses faster.

Therefore, you can see the many perks of betting higher limits with slot machines. But you also have to consider that larger wagers don’t necessarily boost your chances of winning. In fact, high stakes players will suffer more losses on average than low rollers.

The house edge doesn’t go away just because you’re betting more. With many online slots, the house advantage stays the same no matter if you’re playing for low or high stakes. Don’t make the decision to play higher limits under the assumption that you’ll have a better win rate. Instead, you should only do so if you want to enjoy the advantages that I’ve covered here.

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