Is There an Average Bet on Online Slots? Do I Have to Wager More Money to Increase My Chances of Winning?

Almost 70% of online gamblers play slots on a daily basis. In the lack of a better word, these are the most popular casino games of all time. One question must be asked. Will you have better odds of winning if you bet more? We will give you the answer below.

Understating Online Slots

Online slots in real money casinos are virtual versions of slot machines found in Las Vegas and mortar casinos all over the globe. The mechanical slots have reels with symbols and they are located in cabinets. Online slots use the same elements but they are developed in virtual form. These also have reels, paylines, and symbols. Your mission is to have matching symbols on one or multiple paylines and win.

For online slots, you should understand RTP. It stands for a return to the player and it is a percentage of money a game should give you back after a long period of time. It is between 94% and 99%. The higher the RTP, the better odds you have for winning. Online slots are controlled by a random number generator that has billions of combinations and makes gambling fair. Now you understand how online slots work.

Should You Bet More?

When you place the smallest bet on the online slot, you will activate one payline only. When the bet is $1 you are looking at 94.72% of RTP. If you double the bet and it is now $2 you will get an RTP of 96.7%. Add 3 coins you are looking at 98.9%. Keep in mind that you have the ability to place a max bet which will activate all the paylines. Some slots have 3 paylines while others have over 240.000.

When you bet more, you activate more paylines and also increase the jackpot. If you can win $1000 when the bet is $1, placing $3 per a bet will give you $3000 or usually much more. So, the answer is simple. The more you bet, the better odds you have and the more money you can win. You can also use free spins which are given by the casinos and work as free money. Just keep in mind that these may be limited per a bet or spin so you will need to pay attention to that.

It is recommended to find the optimal bet. For most gamblers, this is the highest allowed bet that slot will accept. With just one lucky strike you are looking at a massive winning. Also, don’t forget that this refers to slots with fixed jackpots but can be used for those with progressive jackpots as well.

As you were able to see, the more you bet on online slots, the better odds you have and the more coins you can win. This is an extremely simple thing to consider and one of the most obvious for professional players. When playing with a lower bet, you won’t use all paylines, meaning you will get fewer odds for getting the winning combination.