There are loads of slots out there, and most of them allow players to wager a wide selection of stakes. Some players will be happy playing at just 1p per payline, while others want the chance to bet hundreds of pounds on every spin. But do the high rollers get a better deal when they’re playing online slots? We’ll investigate this question on this page, which every slots player really should read…
What’s a High Limit Slot?
A high limit slot is any online slot machine that allows the player to make larger-than-average bets. So, if we say that most slots allow players to bet around £200 as a maximum, any slot allowing bets in excess of £200 per spin – which is, quite frankly, a ginormous amount – can be classed as high limit slot machines.
It can sometimes actually be pretty tricky finding a high limit slot, as they’re not in demand too much. After all, how many players can really afford to bet £200+ per spin? Therefore, slot providers instead concentrate on providing slots to those with more modest budgets, as they know that these lower stakes players are actually their main customers.
Payouts at High Limit Slots
The obvious thing to say here is this: the more money you bet, the more money you could possibly win. This is because the vast majority of online slot machines offer multipliers as prizes, and not set amounts. By this, we mean that a slot might have a jackpot of 500x the bet. This means that someone betting £1 per spin would win £500 for a jackpot, while the prize for someone betting £300 a spin would be a far more impressive £150,000. So, in the most basic terms, the more you bet, the more you could win.
Risk has to be factored into the whole equation though, as those betting larger sums are also taking much larger risks. Someone betting £1 a spin is unlikely to make a massive dent in their savings over the course of a slot playing session, however those betting £300 a spin can really find themselves down a lot of money if the reels don’t land kindly for them. So, while high limits lead to higher winning potential, they also lead to higher losing potential as well.
Enhanced Payouts for Big Bets
It’s also important to mention that some online slot machines have varying RTPs, which go up and down depending on the amount of money bet. For example, the RTP might be 97% for those betting low sums of money, but 98% for those betting larger amounts. When this is the case, it makes sense to bet as much money as possible per spin – while also concentrating on betting responsibly, of course.
You’ll usually see if enhanced prizes are available to higher stakes players when you look at the game’s paytable. This fact is advertised widely by the slot in question, simply because the game developer wants to encourage players to bet larger sums.
Progressive Jackpot Slots
When it comes to progressive jackpot slots, it’s nearly always the case that those betting larger amounts will have a better chance of winning the progressive prize. This is only fair, as those risking more should have a better chance of winning. It is even the case at some progressive slots that only those betting the maximum stake can win the progressive prize, so always double check this before you start spinning the reels of any progressive jackpot slot machine.
A keen researcher in the development of methods and theories for computer sciences. A lover of algorithms and mathematical computation. Consultant to online slots software companies and a player in my spare time.