Slot games are considered the most popular casino game. With their wide variety and flashiness, all kinds of people flock to the slots. But if you’re like most people and can’t make it out to a casino, online slots are becoming a more popular pastime.
Like land-based slots, online slots follow the same principles. It’s mostly a game of luck and chance. But, if you know how to pick your slot, you can make a lot more money.
Online slots often have higher payout than land-based ones. They’re also more convenient, and many offer bonuses and free spins.
The main drawback of online slots is that it might not be legal where you are. Although in the United States, online gambling is legal on the federal level, it’s banned in some states on the state level.
But if you’re an avid slots player and are looking to switch to an online platform or a complete slots beginner looking to start, there are a couple of things to know about online slots.
First of all, there are free online slots available, so if you don’t want to bet real money just yet, or if you just like the thrill of the game itself, you can play for fun. Even if you want to bet real money eventually, you can play the free trials before playing for money.
Like land-based slots, when playing online you should pay attention to what kind of slots you’re playing. Online slot games also have different payouts, so you should check the return to player percentage (RTP) if you’re looking to make a lot of money (but this doesn’t guarantee that you will).
Depending on how risky you are, you might want to play a slot game with a progressive jackpot. But you also have to make sure you wager the minimum bet to win the jackpot.
But if you’re not even thinking about any of this yet and are just looking to try out some games and learn some tips and tricks, before betting any real money, there are lots of ways to go about this.
Here are 5 things to look for before betting real money in online slots:
1. Check out online casino’s credibility
Since online gambling isn’t legal everywhere, it’s good to check out the online casino before you play their games. You can always ask around or even check their licensing. According to Gambling News Magazine, some trustworthy licenses include UKGC, ADGCC, e-Curacao, and MGA.
2. Casino bonuses: you can win money without playing with your own
A lot of online gambling sites will offer you bonuses for enrolling. Some of these include welcome bonuses and even better no-deposit bonuses. While a welcome bonus is a more general term, a common one you can find is that the online casino will match your deposit. However, there are other kinds of bonuses that don’t require you to put down a bonus at all.
Depending on the online casino, you can find a variety of bonuses and even bonus packages that combine matching your deposit and giving you free spins.
According to Adrian Marinescu at OnlineCasinoGems, “even if you find a slot that you weren’t initially interested in, taking advantage of the bonuses can help you figure out what kinds of games you like and don’t like. Even if you win some big bucks, you probably won’t end up taking it all home. Whatever you receive from gambling counts as taxable income, so a significant portion of it will probably end up with the government.”
According to Gambler’s Daily Digest, in the United States, 25% of gambling wins have to be paid to the Internal Revenue Service. But this can also vary at the state level. This 25%, however, applies at specific thresholds that differ between the kinds of games you’re playing.
For slots, the 25% kicks in after you win at least $1,200. If you’re playing other games at the same time, the taxes will be applied separately and according to the tax requirements of each game.
Other gambling wins that don’t reach the threshold still have to be taxed, but they get lumped into your income. If you want to know more about the specific forms and gambling taxes, you can find them online.
3. Watch out for requirements
Some slots might have game requirements, especially when it comes to the bonuses. And some of these requirements might not be that easy to find.
Many online casinos have playthrough requirements that restrict you from playing through the requirements of the specific, active bonus before starting other bonuses. This can cause problems if you lose your deposit before finishing the conditions, which can require you to play 25 times your bonus before withdrawing. For other casinos, however, the bonus might simply reset.
4. It’s not just luck that’ll help you win, but paying attention to the house edge too
According to Weekly Slots News, most gamblers don’t really understand slots. A study showed that between two machines of different house edges, people didn’t seem to notice the difference. While this might not be a huge deal if you’re just looking to have a bit of fun, if you actually want to win, it might make a difference.
Some slots can have house edges that differ by about twice as much, and so even if you aren’t playing for money, it might be nice to not get ripped off. Casinos typically don’t advertise this, for obvious reasons, but doing a little bit of research can go a long way. This applies to both land-based and online slot games.
So if you’re just starting out and trying to learn the game, you might as well start playing on a slot with a lower house edge so that you can get a feel of how much you’ll be winning and losing.
Whether you’re a new slot player altogether, new to online slot games, or a regular player looking for some bonus packages, these are a couple of things to keep in mind before you start wagering real money. While some of these might be more or less important to you, depending on what you’re looking for in a slot, they apply to all online slot games and probably all online gambling games in genera
The free trials and bonuses offered by online casinos can be a great deal, but it’s important to do your research before signing up for anything that could end up costing you more than you thought you could even get out of it.