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Is it good to play high limit slots?

playusa.com - Best High Limit Slots 2022 - Where to Play, Strategy & Payouts

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High-limit slots provide some of the biggest thrills in online gambling. They give you a chance to chase big money on every spin. Of course, high-limit online slots require more of a significant investment than standard games. High-stakes play generally involves betting $5 or more per spin. But as many YouTubers have shown, the risk can be worthwhile if a six-figure win hits. You can find out more about high-limit slot machines in the following guide. This page covers popular high-limit slots, the best online casinos for playing them, strategy and more.

Best online slots with high limits 2023

Interested in playing slots for higher stakes? The following games are some of the best options:

Cleopatra

From gaming company IGT, Cleopatra has been entertaining online gamblers since 2012. This five-reel, 20-payline slot has a classic take on the famed Queen of the Nile. Five Cleopatra symbols in a payline deliver 10,000x the line stake. A screen full of Cleopatras pays 200,000x the overall stake. You can bet between $0.20 and $10 per spin. The latter wager can result in up to a $2 million payout (200,000 x 10).

Wheel of Fortune

IGT has produced many Wheel of Fortune slot machines. Wheel of Fortune: On Tour is the most notable version for high-limit online play. It lets you wager between $0.50 and $500 per round. The win cap is $250,000, but this amount is still significant. You can also look forward to a 96.6% return-to-player rate. Thematically, Wheel of Fortune: On Tour goes on a cross-country trip throughout America. It shows iconic locations, such as Mount Rushmore, the Alamo and Hollywood. This game offers several features, including a spin on the famed Wheel of Fortune.

Invaders from the Planet Moolah

Invaders from the Planet Moolah is a WMS-designed game with a fun theme. It centers on alien flying saucers invading a farm and abducting dairy cows. Playable from $0.25 to $125, it features five reels and 25 paylines. Its RTP is only 92.7%, which is the lone downside. Assuming you can get past the low RTP, you’ll be able to unlock entertaining features. Invaders from the Planet Moolah offers cascading reels and up to 60 free spins. The latter can result in huge payouts, especially if you’re playing for a larger amount.

Baywatch

Every ’90s TV fanatic remembers Pamela Anderson and David Hasselhoff running across the beach in “Baywatch.” IGT has reproduced this lifeguard drama in the form of a five-reel, 15-payline slot. Baywatch truly stands out in the world of online slots thanks to its $75,000 max bet. No, that’s not a typo — you can actually wager up to $75K per spin. Is it worth taking a trip to the Baywatch sands? This game is quite entertaining thanks to expanding wild symbols, free spins and a “teamwork” feature. Teamwork sees the main characters work together to double your wins. In summary, Baywatch is a blast from the past with the largest bet cap we’ve seen for an online slot.

88 Fortunes

From Shuffle Master, this five-reel online slot has a distinct betting range and explosive payouts. The wagering range matches the game title, running from $0.88 to $88. Regarding the payouts, you can win up to 2,272x your stake and pay for four progressive jackpots. The largest jackpot is worth up to $200,000. 88 Fortunes is limited regarding features, offering only free spins and wild symbols. However, it makes up for the minimal bonuses with an entertaining Asian theme and animations. The primary reason to play this game is the four progressive slot prizes.

Best regulated online casinos offering high-limit slots

Several prominent real money casinos sites offer high-stakes slots in a number of states where online casino gambling is legal. However, the three casinos below stand out thanks to their game selection and high-limit scenes.

BetMGM

BetMGM Casino has one of the biggest game selections in the US. It provides over 900 online games in New Jersey, along with several hundred titles in other states. That means you likely won’t have any trouble finding entertaining slots to play here. Options include 88 Fortunes, Cleopatra and Baywatch. The current BetMGM new player bonus offers a 100% deposit matching bonus up to $1,000 when you make your first deposit. You’ll also receive a $25 no deposit bonus when you create an account, so you can try things out without committing your own money.

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Caesars

Caesars’ online casino is another site with lots of games, providing over 800 titles in some states. It features high-stakes hits like 88 Fortunes, Cleopatra and Invaders from the Planet Moolah. The Caesars welcome bonus isn’t the biggest at a 100% deposit match up to $200. However, you can look forward to other promotions that’ll boost your bankroll. Caesars Rewards is also a big reason to play high-stakes slots here thanks to its loyalty perks.

DraftKings

DraftKings Casino features a similar game selection to Caesars with 800-plus options available, including over 700 online slots. Notable high-limit slots here are 88 Fortunes, Invaders from the Planet Moolah and Wheel of Fortune: On Tour. The DraftKings welcome bonus package provides a $60 no deposit bonus just for signing up. You’ll also qualify for a 100% matching bonus up to $2,000 on your first deposit.

Best Vegas casinos with high-limit slots

Las Vegas is the premier destination for high roller slot machines. Of all of your options, the following three Vegas casinos are among the best regarding high-limit play:

Aria

The Aria is the perfect setting for high-stakes slots thanks to its glamorous atmosphere. Its Spin High Limit Room has many games with $100 limits and above. It even features a 7s slot machine that requires $5,000 bets.

Bellagio

The Bellagio offers some of the poshest suites and finest amenities in Sin City. Not surprisingly, it also provides plenty for high rollers. Bellagio’s high limit slots section accepts wagers as low as $10 and up to $5,000.

Cosmopolitan

Cosmopolitan has a mid-sized high-stakes room with over 70 slot machines. Some of these games accept wagers of over $1,000 per spin. Thanks to its inviting atmosphere and high-limit scene, Cosmopolitan has become a favorite among slots YouTubers (see below).

High-limit online slots vs. Vegas

High-stakes online and land-based slot machines obviously have their differences. One runs through online software, while another operates through software and a cabinet. But the differences between high-limit Vegas slots and real money online slots extend beyond just the physical. Here are some other differences:

High-stakes Vegas slots lead to comps

Both online and Vegas slot machines can deliver rewards through a loyalty program. Las Vegas games, however, open a wealth of comps. You can potentially score free drinks, limo transportation, steak dinners, shopping credits and more through these programs. Of course, online casinos like BetMGM and Caesars tie in their online and land-based rewards. You can spend loyalty points at a brick-and-mortar casino in these cases. However, you can’t get free drinks or other services immediately on-site as with land-based slot machines.

Online slots offer adjustable coin denominations

Online slots are very flexible with betting options. Invaders from the Planet Moolah, for example, lets you wager anywhere from $0.25 to $125. If things aren’t going your way, you can always drop down to a lower bet size. Some Vegas casino slots are multi-denominational and allow you to change the wager amount. By and large, though, you’re stuck with the default coin denomination. Assuming you hop on a $25 high-stakes slot, you’ll have to keep betting $25 or find another machine.

High-limit Vegas slot machines have mystery RTPs

The Vegas slots industry is notoriously secretive about return-to-player rates. The majority of land-based slot machines don’t provide RTP figures in the pay table. You’ll just have to guess what the payout percentage is when playing high-stakes Vegas slots. Online slot developers, in contrast, are very transparent and provide the RTP within the pay table. You’ll always know what payout percentage you’re dealing with online.

You can try high-stakes online slots for free

High-limit games don’t always involve serious betting because you can often also play them for free online. In most cases, you need only register for an account to begin playing. Some online casinos even let you try online slots for free without registration. Las Vegas casinos don’t have the luxury of being this relaxed. They have bigger overhead costs and require you to play for real money. That means you don’t get a chance to test games before jumping into the fire.

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Is there any strategy when playing high limit slots?

Slot strategy generally comes down to ways to conserve your bankroll and hopefully win more money. It becomes especially important with high-limit play due to the larger wagers. Failure to have a proper high limit slots strategy can result in much bigger losses. Here are three tips to keep in mind when upping your bet sizes:

Tip No. 1: Manage your bankroll properly

Before playing for high limits, you should decide how much you can afford to lose. This amount will form the basis for your bankroll. The next step is to set a limit for your sessions and quit whenever reaching this point. If your overall bankroll is $3,000, for instance, you might decide that your stop-loss limit will be $300 per session.

Tip No. 2: Know the math behind high-stakes play

High-limit play is exciting because it can result in huge wins. However, you also have to consider the fact that you could lose. It helps to know average theoretical losses before betting big. Here’s an example of doing the math:

You bet $10 per spin.

You play 400 spins an hour.

400 x $10 = $4,000 wagered an hour.

You’re on a game with a 5% house edge (95% RTP).

$4,000 x 0.05 = $200 in hourly losses

You have a $3,000 bankroll.

$3,000 / $200 = 15

Your bankroll will theoretically last for 15 hours.

Tip No. 3: Stick to high-paying online slots

Earlier, we discussed how land-based slot machines don’t normally provide RTP figures. Online slots do, though, which is why they’re perfect for the strategic player. You can hunt for games that offer 97% RTP or higher to improve your long-term chances of winning or hitting that high limit slot wins. Even 96% payback is better than what the average casino slot pays.

Do high-limit online slots have the same RTP as regular online slots?

You normally don’t get any boost from betting at high stakes online versus making standard wagers. Most online slots don’t have variable RTPs based on how much you’re wagering. A game that offers 96% RTP, for example, will have the same payout percentage with $1 or $100 bets. The following exceptions can cause online slot RTPs to rise, though, with certain games:

Bonus buy options that increase the payout percentage.

that increase the payout percentage. You must place a certain bet to qualify for a progressive jackpot. to qualify for a progressive jackpot. Certain bonuses are only available when you use a bonus bet.

Are high-limit slot wins taxed?

Yes, all slot winnings are taxable at land-based and online casinos. However, the taxation process differs based on the setting. The IRS taxes gambling winnings at 24% and requires brick-and-mortar casinos to automatically withhold this amount under two circumstances: You win $5,000 or more. You win 300x the amount of your stake (usually applies to table games). Land-based casinos must report any win of more than $1,200. If you win at least $1.2K, you’ll need to fill out a W-2G. The casino then reports your winnings to the IRS for taxation purposes. Licensed online casinos operate in the same manner. They’ll report winnings over $1,200 and send a W-2G by mail.

Popular high-limit slot players to watch

Some slot players have gained followings by broadcasting their high limit slot videos on YouTube. The following channels are among those that focus on high-limit play:

playusa.com - Best High Limit Slots 2022 - Where to Play, Strategy & Payouts