Many slots, regardless of whether you play offline or online slots, offer players a wide range of betting options. But does max betting on slot machines affect slot machine odds?
Carry on reading to find out if you can affect the house edge on slots by maximizing your bets.
What is a Max Bet on a Slot Machine?
So, you know that both slot machines and virtual slots offer players a variety of betting options to suit their budgets, with different games offering different rates for betting. Some games go as low as one penny per payline, while others will have a minimum of 10 or 50 cents. Similarly, slots offer maximum bets, which could vary anywhere from tens to hundreds to thousands of dollars, depending on the game.
Are There Any Benefits to Max Bets?
If you’re wondering whether you should you play max bet on penny slots — or any other type of slot for that matter — the simple truth is that most slots don’t offer any additional benefits to placing a maximum wager. In most cases, if you land a win, you’ll always be paid relative to the winning combination of symbols and the amount you wagered, or you’ll still qualify for the jackpot prize.
However, there are some slots that unlock additional features if you place a max bet. These additional features could include the following:
- Extra bonus games.
- Extra paylines or combinations of winning symbols.
- Multipliers that grow depending on how much you bet.
- Qualifying for entry into a progressive jackpot in jackpot slots.
- A straight boost to the RTP for the player.
For example, Blazing 777 from Bally’s offers you more winning combinations based on how much you wager. Another game that offers players better prizes depending on how much they wager is Mega Moolah, which enters you into mini, minor, major, or mega progressive jackpots based on how much you wager. Another example is Mighty Black Knight, where the game actually increases the RTP based on how much you wager, with a max bet offering an RTP of 98%.
Should I Max Bet When Playing Slots?
If you’re wondering whether you should take advantage of a max wager, you have to decide whether it’s worth the risk. Each player who tries their luck at a max bet will have a different budget to play with. For some, a max bet might only be a portion of their betting budget, while for others a max bet might be more than their entire bankroll.
Also, whether you decide to max bet will depend on which slot you are playing. The max bet on some slots will be hundreds of dollars, while it might only be a few dollars on others. Do your homework and see if you can find a max bet slot that suits your (virtual) wallet.
Players should also keep in mind whose money they’re using when they place a max bet. There are many dos and don’ts if you’re playing online slots, but if you’ve gotten casino credit as part of a welcome bonus or other promotion, it might not be a good idea to use it for max bets on slots. Some casinos place a maximum limit on any promotional casino credit players receive to prevent them from using it on these types of wagers, while others will simply deduct your bonus credit if you break the rules of the offer. If you’re using bonus casino credit, be sure to read the fine print before you hit “Max bet” and “Spin.”
Ultimately, you should remember that gambling is about having fun; choose how to wager accordingly.
Slot Machine Tips
While max betting may not always be the best decision, other tips that help to get the most out of your slot bets include:
- Only play at legal, fully licensed casinos for your state.
- When betting on slots, remember that the overwhelming majority are games of pure chance, with no way to shift the odds in your favor.
- Start by betting small to see if you enjoy playing a slot game.
- Decide on a gambling budget, and never wager money that you can’t afford to lose.
- Check the RTP of a slot before you play.
- Take advantage of promotions to boost your bankroll.
- Slots are games of pure chance, so chasing your losses in the hope of landing a win is a poor strategy.
- Remember, slots are meant to be fun. If you’re not having fun, take a break.
Play Many Different Exciting Slots With Great Betting Options at BetMGM
When you want to play slots online and you’re looking for online slot games with great betting options, you should take a look at the games available at BetMGM.
BetMGM offers players an incredible library of slots with thrilling games from many of the world’s best game developers. Try your luck spinning the reels on Maria’s Marigolds from IGT, Starburst from NetEnt, or Red Fortune from Konami, or pick one of the hundreds of other exciting slots on offer. And if you want to mix things up, BetMGM also has thrilling online casino games, including table games, live dealer games, variety games, and other gambling experiences for you to enjoy.
Register to see what luck has in store for you at BetMGM.