Play High Limit Slots For Real Money
If you've ever wanted to play high-limit slots, you probably know that the first step is learning about the game in question. As the name might indicate, high-limit slots are slot machines that require relatively high minimum bets to play. These games, while exciting, are also very different from low-limit slots. One prominent example is that high-limit slot games offer high payout percentages, compared to low-limit slot games.
They're also housed in their own part of the casino, which gives players a unique VIP experience. They're also a favorite of high-rollers everywhere, and make it possible to win big jackpots.
How to Pick the Right Denomination for You
When you walk into a casino, you'll have to make choices right away. One of the biggest is which denomination you want to play in a given real money slot game. While this sounds like a big ask - especially if you're a new player - a little experience, knowledge, math, and good, old-fashioned wisdom will go a long way toward helping you decide.
Here's what most experienced gamblers know: generally, the payout percentage of a game increases as the game's denomination does. This is only rational. If you think likethe casino owner, for a second: if you want to maximize how much money you're making per square foot, you'll have to alter your denomination/payout structure to do so. After all, a $50 slot machine takes up just as much space as a penny slot machine. How do you, as the casino owner, make sure that both machines are pulling their weight? Simple - you boost the average winnings on the low-denomination games by lowering the payout percentage.
Even if you're playing a low-denomination game, though, you want to make sure you're never playing above your own budget. Part of smart gambling is knowing your limits and figuring out how to stay within them. Instead of trying to boost your payout percentage by playing high-limit slots you can't afford, stick with low-denomination games that are the ones within your wheelhouse. A smart gambler makes a happy gambler.
To keep the game positive and moving in the right direction, you want to minimize losses while also maximizing the amount of play you can enjoy. Think of it this way: if you only have a $100 budget for your gambling trip, you're going to burn through that much faster playing $25 slots than you would if you were playing penny slots. It's easy to lose your bankroll quickly unless you're paying close attention and putting limits on your play. While it sounds rigid, it makes for a smarter game.
Play Vegas-Style High Limit Slots for REAL Money
If you love the glitz and glamour of Vegas, you'll love the chance to play Vegas-style slots for real, hard money. Not only is it exciting, but its' a great way to broaden your gambling horizons quickly. When you consider that the average slot player makes about 600 wagers per hour, you'll soon understand how much slots can and do add up. If you're going to play high-limit slots for real money, you'll need to go into the game understanding how much you can afford to lose at the denomination you've chosen to play. Fortunately, this is easy to do with a little simple multiplication and some educated guesswork.
Consider this: if you were playing slots in real-life Las Vegas, Nevada, the maximum house edge on those machines would sit right around 25%. This means that, in the worst possible outcome, you'd lose 25% of each bet you put down on a given machine. From there, you multiply it out: 600 bets an hour times $25 per bet times 25%. Given those stakes, you can expect to lose a whopping $3750 an hour - a number all but the best gamblers could not afford.
Of course, if you had sat down at a game with a higher payout percentage, your hourly loss rate would be dramatically lower. If you were on a game with a 90% payout percentage, for example, you'd only lose about 10% of what you put down on the machine, which slashes the above number roughly in half.
As you can see, it's essential to understand payout percentages as they relate to minimum bets. This simple calculation will go a long way toward helping you stay informed and within budget, even as you play your favorite high-limit slots games.
What if You're a Low-Roller?
If you're still a little nervous about high-limit slots, there's nothing wrong with sticking with penny slots. These games offer an average of about a 75% payout percentage, which means you'll keep more money in your pocket as you play. Using the same calculations above, you'd only lose about $1.50 per hour - a much more manageable number for virtually every gambler out there.
The trick, of course, is to find a play denomination you're comfortable with and to work your way up from there. Good gambling doesn't rely only on high minimum wages and high-limit slots. Instead, the important thing is to have fun, stick to a budget you're comfortable with, and avoid losing more than you can afford. After all, you want to play stakes that feel high enough to be exciting, but not so high that you're losing the shirt off your back. Nothing ruins a fun day of gambling as quickly as finding out that you've lost more than you can afford.
Determine Your "Gulp Limit"
In the book known as Poker Night: Winning at Home, at the casino, and Beyond, author John Vorhaus describes a concept he calls, endearingly, the "gulp limit." According to him, the gulp limit should be used by gamblers to determine the size of a given gambling bankroll. To be effective, the amount should be large enough that you'd gulp if you lost it.
Once you've decided on the size of your gulp limit, you can walk those numbers backward to understand how much money you have to play each hour, given your preferred play denomination, payout percentage, and more.
Say you're going to Vegas to play high-limit slots for the weekend. You're only spending two days gambling, but you plan to spend about four hours each day gambling. You want to have fun and still be able to pay the mortgage when you get homie.
If you're playing penny slots during this trip, you'll play about $10 or $20 and have a great time. If you're playing high-limit slots, on the other hand, you stand to lose thousands of dollars over the weekend. With this in mind, here are some suggested slot machine limits to stick with:
While those are just rough guidelines, you can alter the size of your own personal gulp limit as you see fit. Remember that gambling often requires some trial and error, and it may take a few tries to find a gulp limit you're comfortable with.
Playing High-Limit Slots Online
If you can't easily get out to Vegas for a weekend - don't fret. You can still play high-limit slots online, and the games are no less exciting. In fact, most online casinos have lower bet limits than you'll find in big-name casinos in Vegas and Atlantic City. There's a secret, though, that only the most experienced gamblers know: customer service departments will typically up the maximum bet numbers for specific, seasoned players. This means if you become a high-roller in the online casino world, you may be able to play for higher stakes at each spin. Iud you've been using a specific online casino for a while, it's worth asking about.
In some cases, this might not be necessary. Say, for example, that the game has a high enough betting limit anyway. In that case, you probably wouldn't need to increase it. Other games allow you to put bets down on multiple pay lines, which means the bet amount can get very high very quickly. If you're betting $5 on a nine-line game, the bet amount is going to skyrocket rapidly.
Plus, online casinos offer higher payback percentages than their land-based counterparts. This means you have a higher chance of winning the money you're wagering and enjoying a game worth writing home about!
Getting Good at High-Limit Slots
If you want to play high-limit slots for real money, knowledge is power. Learning about the game, learning your specific budget, and understanding how much you can afford to lose all work together to make you a more confident, comfortable gambler. If you follow this program confidently, you'll be playing high-limit slots for fun in no time at all. Remember, though, that gambling, done right, is a lifelong pursuit. A few simple alterations and fail-safes can keep you within budget and having fun for years to come. What are you waiting for? Get out there and play!
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High Limit Slots FAQ
Well it is hard to say if high limit slots are better. However, if they have a progressive jackpot or huge multiplliers, you can get bigger pay outs. Therefore, we feel there are some benefits of playing high limit slots for higher stakes. Naturally, you are risking more money. However, depending on the slot machines return to player (RTP%) percentage, it may be worth it.
To answer the question what is a high limit slot machine, it is simple.
High limit slots are slot machine games where you can only make large wagers. Usually, the include progressive jackpots and / or big multiliers. Therefore, there are many advantages over low limit slots like having a much bigger payout percentage.