Do High Stakes Slots Pay Better?
A high stakes slot machine is generally one defined with stakes of $5 or higher. Of course, you’ll find slot games with stakes of much higher, especially in the high rollers section at land based casinos, where is it not uncommon to find slot machines with $100 - $1,000 stakes per spin! As you can see, high stakes slot playing is not for the faint hearted, especially if you – like the majority of us mere recreational gamblers – don’t have an endless bankroll and bottomless credit.
When you play high stakes slot machines at online casinos, you may wonder if they pay out better than games that have lower denominations. As with most questions relating to online slots, there is a yes and a no in the answer.
Because online casinos want to attract high rollers, they will ensure that the payout percentages on high stake slot games are enticing enough. That means that if you are lucky enough to hit the jackpot on a high stakes game, you will probably win a bigger amount than if you were playing a game with lower denominations. This is especially true for progressive slot games, where you’d have to wager the maximum number of coins to put yourself in line to win the jackpot, but if you actually do hit the Big One, you could walk away with literally millions of dollars.
Now let’s look at the ‘no’ bit in my answer. Your success at the slot machines and the subsequent payouts will depend on the size of your bankroll.
Let’s say that you decide to head off to Red Flush Casino with a bankroll of $100. If you go for slot games with high stakes, you will finish off this sum in no time and your time spent at Red Flush will be minimal. Naturally, the less time you spend at an online casino, the less chance you have of winning. You don’t have to be Einstein to figure that out. If, however, you hit the casino with a bankroll of $1,000 you’ll be going in with a double advantage. First of all you’ll have more to spend on high stake games, and second of all, you’ll be able to spend more time at the casino and maximize your exposure to win big.
Keep a couple of things in mind:
The size of your bankroll will dictate how much you should spend on slot games. An accepted benchmark is for every $100 you should play $1 per spin. As such, if you have a $500 bankroll, then $5 per spin is a reasonable amount to spend, while a $10K bankroll justifies putting $100 on a spin.
Also, remember to set yourself a stop limit – an amount that will determine when you come to the end of your gaming session. It’s better to end off a winner in your slots session than a loser, leaving taste for more.
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