A Beginner’s Guide to Slots Betting
Understanding how slots betting works may be a little bit tricky to grasp at first. Sometimes, setting your stake and understanding how it plays can be a little confusing. The first thing you must understand is that there are two different types of slot machines. Some slots may have a fixed number of active paylines whilst others allow you to set how many paylines you want active.
For both slots with fixed and adjustable paylines, you will have to set your bet per payline. For instance, if you are playing a 20 fixed payline slot machine and choose to set a stake of €0.01 per payline, your total bet per spin is €0.20. If you are playing an adjustable payline slot machine and choose to have 15 of the 20 paylines active, a €0.01 bet per payline would cost €0.15 per spin. The rule of thumb here is that your bet will always be multiplied by the number of active paylines.
Many slot machines take it a step further by asking players to set a coin or credit size as well. In most cases, the coin size will range from €0.01 to €2. Once you have set your coin/credit size, you will have to choose how many you wish to bet per payline. For instance, if you play a 20 fixed payline slot and set the coin size to €1 while playing two coins per payline, your total bet will be €40 per spin.
Although it may appear complicated at first, it is quite easy to pick up. Just be sure to always double check and understand exactly how much you are betting per spin and if you are playing with the maximum number of active paylines or not.
Many developers realise the complications of setting your stake per spin and when playing online, you will find that often you simply need to set your total bet per spin. Once you have done so, you can simply start playing without having to select a number of coins or paylines that you wish to activate. However, even when playing these games, it is worth taking a moment to understand how your bet is distributed.
The Importance of Understanding Slots Betting
If you want to play online slots, it is important to understand how slots betting works. It will give you better control over your bankroll and ensure you understand how much you can win from your bet.
The best way to learn how much you can win from a single spin is by reviewing the slot’s pay table. Every slot machine has a pay table so that players can understand the rules of how to play, which symbols may appear on the reels, the role of each symbol, and the value of each symbol.
The unfortunate thing about pay tables is that there is no single way that it is presented to players; each developer does it slightly differently. The pay table shows how much players may receive for landing a certain number of symbols across a payline. Typically, it tends to be 3, 4 or 5 across a payline.
In some slots, it may be shown as a monetary value (which changes as you adjust your bet). However, other slots may show the payout as multiples of your payline bet or total bet. Thus, it is always a good idea to double check that you understand the format of the pay table.
Can Bigger Betting Improve my Chance of Winning at Slots?
One of the many misconceptions is that playing with a larger bet will increase the Return To Player (RTP) in your favour. However, this is not the case. In slot machines, the RTP is fixed, and it does not change if you decide to play with higher stakes.
However, with some machines, a bigger bet may unlock more winning potential. For instance, there are many three-reel slots that have maximum prizes that may vary depending on your bet. An example of this is a slot machine that pays 500 times for one coin wagered, 1,000 times for two coins wagered but jumps to 2,500 times for three coins wagered. The leap in payouts when playing with the maximum number of coins is an incentive for players to bet the max.
One thing to note is that casinos tend to have more rewarding prizes for games that have a higher minimum stake. Slots that have a base betting unit of €1 pay more than those that have base bets of €0.20. Additionally, slots that have a base bet of €0.20 pay more than those that have a minimum bet of €0.10 and so on.
The Benefits of Playing with the Maximum Number of Paylines and Coins
Although playing with the max bet per spin does not increase your chances of winning, playing with the maximum number of paylines can improve your chances. In a nutshell, you will have a greater chance of winning adjustable payline slot machines if you play with more paylines. To do so, you may have to decrease your bet per payline, so that your overall bet remains the same.
There are many slot machines that require players to set a coin size and choose how many coins they wish to bet per payline. In some games, players will only be able to benefit from the biggest prizes if they bet with the maximum number of coins. This is often the case for progressive jackpot slots.
One example of this is the Mega Moolah slot from Microgaming. The game has four progressive jackpots and holds the record for the highest online jackpot ever won. The pay table states clearly: “The higher your bet, the greater your chances of winning the progressive jackpot”.
Is there a Difference between Betting €4 on €0.05 Slots and €0.20 Slots?
If you have a set budget and wish to play €4 per spin, there is certainly a difference between playing slots that have a €0.05 minimum bet as opposed to those that have a €0.20 min bet. Even though you are betting the same amount on the two games, you will receive a higher payout on the €0.20 game as players are expected to place higher bets on those games.
On €0.05 games, you will be able to increase the coin size considerably while playing with the maximum number of coins and paylines. However, the payouts received, even with a larger coin size, are not likely to pay better than €0.20 games. Slots that have a higher denomination (which is measured by the range of minimum and maximum bets) are always going to pay more than those with lower denominations.
Am I More Likely to Win if I Decrease my Bet?
There has been a lot of talk about players betting less per spin and winning more frequently, as opposed to those betting more and not winning as often. However, slot machines cannot decide when to pay players for successful combinations.
All slot machines use a Random Number Generator, which is also known as RNG, to determine the outcome of a spin. The RNG is a mechanic that ensures all spins are completely random and are therefore fair. The RNG does not know how much you have wagered before pressing the ‘Spin’ button.
The size of your bet does not change the random numbers or the probability of landing a winning combination. Slot machines will have good and bad streaks. Sometimes players may face bad streaks with big bets, sometimes with good streaks with small bets (and vice versa), but the probability of winning a single round remains the same, regardless of how much you have bet.
Final Thoughts on Slot Betting Strategies
When playing slots, it's essential to find a balance between your betting strategy and your individual risk tolerance. Keep in mind that while higher bets can lead to larger prizes, they also come with the risk of burning through your bankroll. Developing a solid budgeting plan and sticking to it will ensure that you enjoy your gaming experience without risking more than you can afford to lose.
Ultimately, the key to success in slots is understanding the game mechanics and betting systems, as well as being patient and disciplined in your approach. Embrace the excitement and unpredictability of the game, and always remember that responsible gambling is the cornerstone of a fun and rewarding gaming experience.