High Roller Casinos
Many players focus on penny and nickel slots because they think they can win a big pay out from a small bet. But rarely can you find a machine that has a minimum total bet per spin of less than .25. Many penny machines have minimum wagers of $1.00 to $2.00 when you activate all of the pay lines and bet maximum coins.
But not everyone is looking for games they can play for pennies. Many people are looking for high limit slots. Slot machines for high rollers were introduced in high roller rooms in places like Las Vegas, but online casinos realized that many of these gamblers wanted to play online.
Now you can find plenty of online high limit slots. We cover everything you need to know about high limit slot machines below.
What Are High Limit Slots?
High limit slots have a different definition depending on who you ask. Some players consider any machine that has a bet per spin of $5 or more a high limit slot, while others think a $100 per spin machine is for low rollers.
It doesn’t matter what your definition is of a high limit slot machine. You can find machines that meet your expectations in land based casinos and online.
If you want to ply at higher limits than the ones offered at your favorite online casino, contact the support department and ask if they can offer a higher limit. If you have a long track record of play at the highest levels they offer, you might be able to get them to offer higher maximum wagers.
Advantages of Online High Limit Slots Play
The main advantage of playing high limit slots online is that online casinos can offer better pay back percentages for their machines than land based casinos. Every slot machine online doesn’t offer a higher pay back percentage than the ones in your local casino, but many do.
An online casino doesn’t have as much overhead as a land based casino, so they don’t have to make as much per game as your local casino.
The other advantages include not being forced to travel to find the slots games you want to play and having a wide variety of options. When you play online slots you have a choice of literally thousands of machines.
When you play in a land based casino they may offer over a thousand slot machines, but many of them are the same. Online casinos have more machines and many offer machines developed by different software companies in one place.
Where Can You Find High Limit Slots?
It used to be that if you wanted to find a high limit slot machine you had to travel to a land based casino in one of the large gambling areas like Las Vegas. But now you can play high limit slots offered by many online software platforms.
Almost every online casino has multiple slot machines offering bets of $5 to $10 per spin, and many have machines that accept bets from $100 to $1,000 per spin. You can even find special bonuses designed specifically for high roller slot players at many online casinos.
Each of our slot machine reviews lists the maximum bet per spin, so you can quickly see if a machine meets your needs. Here’s an example:
Wings of the Phoenix by Konami has a maximum bet per spin of 225 € £ $. The reviews also list the coin value range, number of pay lines, and maximum number of coins per line. You can quickly determine the minimum and maximum wagers available by looking at these numbers when reading the reviews.
Bankroll Considerations for High Limit Slots
It’s easy to figure out how much money you need to play high limit slots. In order to determine how big your bankroll needs to be to play slots you need to know the following things:
- How much you bet per spin
- How many spins you take per hour
- How many hours you want to play
- The house edge for the slot machine you’re playing
You won’t always know the house edge for the slot machine you’re playing so you can use an estimated edge. If you can find the details about the slot machine it usually is stated as a payback percentage. To get the house edge, you subtract the payback percentage from 100%.
If you don’t know the house edge, we suggest using 5% and 10%. This gives you a safe range that includes the house edge of most popular slot machines.
To calculate your bankroll needs use the following formula:
Amount you bet per spin times the number of spins you take per hour times how many hours you want to play times the house edge.
Here’s an example:
If you bet $10 per spin and take 300 spins per hour and want to play for 10 hours on a machine that you don’t know the house edge on here’s the calculation:
Using a 10% house edge:
$10 X 300 X 10 X 10% = $3,000
Using a 5% house edge:
$10 X 300 X 10 X 5% = $1,500
When you bet $10 per spin at 300 spins per hour you’re wagering $3,000 per hour. Your loss or win rate will vary every time you play. These calculations provide your expected loss on average. In other words, if you play long enough using these numbers, these are the average results you can expect.
In this example, you should expect to lose between $150 and $300 per hour on average.
Here’s an example using a known house edge:
You bet $100 per spin and take 200 spins per hour on a machine with a 3.5% house edge. You want to play for five hours.
$100 X 200 X 5 X 3.5% = $3,500
Notice that the equation has four parts. Changing any of the four parts changes your expected loss. If you want to be able to play longer on the same bankroll you can play for less per spin, play fewer spins per hour, or find a machine that offers a lower house edge. Or you can combine two or three of these things to extend your bankroll more.
One place where many slots players hurt their ability to play longer is taking too many spins per hour. It’s possible on some machines to take as many as 400 to 600 spins per hour. But you don’t have to play as fast as the machine will let you.
Slots designed for high rollers offer the chance at hitting huge pay outs, but can also quickly diminish your bankroll. Depending on your definition of high limit slots, you can find many slot machines available online that have maximum bets per spin of $100 or more.