There are several clichés around the fact that you have to take risks to enjoy benefits. Nothing ventured, nothing gained. No risk, no reward. No pain, no gain, etc.
The premise applies to many parts of life, including playing online slots at BetMGM. A general rule of thumb while gambling is that if you want to win big, you have to bet big.
BetMGM has some slot games that provide such options, allowing for larger wagers for players looking to place such bets. To do so in a sustainable fashion requires some knowledge of how high-denomination slots work and the best practices for playing them.
Are High Roller Slots Worth It?
There is really no straightforward, universal answer to the question of whether high roller slots are worth part of your bankroll. The answer can vary from player to player, over time, and depending on which game you’re considering.
The first consideration is the size of your bankroll and how long you want to play for. If your budget for playing online casino games is limited and you want to play more than a few spins, high-denomination slots might not be for you at that time.
That doesn’t mean slots with higher bet limits, like Book of Myth with a maximum bet of $500, are a bad play for everyone at all times, though. It simply means that your bankroll and play plan don’t allow for such wagers right now.
Another key to understanding the value of high-denomination slots is wrapping your mind around what slot volatility is and how it affects gameplay. In short, slot volatility is the frequency with which wins come while you play the game.
The higher the volatility of a game, the less frequently the payouts happen. At the same time, those payouts tend to be of greater value than wins which happen more commonly.
A high bet limit in a slot game doesn’t necessarily guarantee high volatility. For example, the Lotus Land slot features a bet limit of $300 but a low volatility.
That means that even though you can wager up to $300 on each spin, you have a better chance of landing some smaller wins more regularly than you would playing games with higher volatility. As a result, you might be able to sustain placing such bets for a longer time.
However, there is still a trade-off. For the benefit of those more common wins, you’re giving up a chance at rarer, more lucrative prizes. So, the question of whether a high-denomination slot is worth it is more about what you are looking to get out of your play than some objective judgment.
When you’re judging a game, it’s important to remember that betting the maximum can quickly burn through your bankroll even with low-volatility slots. That is when understanding return-to-player percentages (RTP) can help you avoid a common myth.
High-Denomination Slots Can Be Lucrative
While it’s true that bigger bets can lead to bigger payouts, that doesn’t mean that you are guaranteed to come out ahead when you bet big. Even high-denomination slots are games of pure chance.
To get a better idea of how you can expect to fare on any slot, you should delve into the world of casino game RTP. The higher that percentage is, the more favorable the game is for players.
As an example, the BetMGM exclusive slot Wheel of Fortune Triple Extreme has an RTP of 94.22% to go with its maximum wager of $25,000. That means the game returns 94.22% of the money wagered to players.
That does not mean that you should expect to get back 94.22% of the money you as an individual bet on the game each time you play. It’s easy to understand if you think of the numbers as dollars.
With this game, for every $100 that all players wager on the game, those players collectively win back $94.22 as a group. Some players are going to get a much larger cut of that prize money than others will.
At the same time, a higher RTP means a particular slot has a lower house edge. When you’re betting big, a difference of a few percentage points can represent a substantial difference in payouts.
With RTP and volatility in mind and measured against your bankroll, you can make informed choices about whether you want to play high-denomination slots at BetMGM. If you’re ready to take some risks, BetMGM can accommodate you.
Using BetMGM Bonuses for High Roller Slot Machines
The amazing thing about playing high-denomination slot games at BetMGM is that you can use the frequent and generous bonuses that BetMGM offers to players on the games. That includes a thrilling casino welcome bonus for new players.
Those deposit match, free spins, and multiplier offers can mitigate the risk when you make big bets. Some slots that you will only find at BetMGM Casino with the option to place such bets include:
Regardless of the outcome of your legendary plays, you can always earn BetMGM Rewards with each spin. You can’t become a high roller until you register for BetMGM, though. Once that is done, BetMGM’s huge selection of high-denomination slots is at your fingertips.
