How to Win Money Playing Online Slots

6 min read
how to win money playing slots

One question that often comes up with gambling is how to guarantee wins, especially how to win money playing online slots. From the moment the first casino opened its doors, players have wanted to beat them. Some do it for the money, while others do it for the challenge. Those who succeed are immortalised in history through books and movies. After all, who has not seen the exploits of MIT’s students in the 2008 movie 21?

Unfortunately, online slot games are not open to card counting or other forms of advantage play. Do not worry, though, there are steps you can take that can improve your odds when it comes to online slots. We will go through them in detail in this article. What tools do online casinos give you that you can use to your advantage?

Free Spins Bonuses

free spins to help win money playing slots

Promotions are a great way to get your foot in the door and will improve your chances of winning money playing slots. The casino grants them as a temporary boost to keep you playing with them. Players can take advantage of a wide range of bonuses. The two most common ones are deposit match promotions and free spins bonuses. They are often tied together as part of a welcome offer or a different promotion. Every so often, you can find free spins as a separate bonus.

Free spins can be awarded upon reaching a certain loyalty rank. The operator can also grant you a number of free spins for a popular game as part of the welcome offer. The bonus on offer is rather self-explanatory. You get a certain number of free spins, and have to play through them.

The money you gain from playing free spins is your current bonus amount. It will usually be subject to a wagering requirement that you have to play through. Online casinos usually set the rollover to be between 30x and 50x the bonus amount. If you won €100 and have a 30x wagering requirement, you have to bet through €3000. Only when that is done would you be able to withdraw any of those funds.

Bonuses with Low Wagering Requirements – A Great Way to Win Money Playing Slots

Keeping rollover in mind is very important when choosing any type of bonus. Getting a huge deposit match bonus or tons of free spins is great. However, it will take ages to release the bonus if your wagering requirement is set to something like 100x. As such, when you are choosing a wager, pick ones with a low rollover.

You will also occasionally find promotions that do not have any wagering requirements whatsoever. These are usually part of loyalty programmes. Welcome offers can also forgo rollover. Instead, they can limit you with a maximum win amount or a total conversion cap. 

Play Jackpot Slots for a Chance to Win Big Money

Slots come in many shapes and sizes. Without the limitations of actual machines, developers have gotten quite creative. They offer games with vastly different reel or payline structures. Software providers create complex special features that can grant massive wins. However, sometimes the best bonuses are the classics we all know and love. Classics such as the progressive jackpot!

Progressive jackpot slots are great no matter what type of player you are and in terms of how to win money playing online slots could be your best chance. Even if you can only play with small bets, you can still win a massive sum of money. Of course, if your budget can support bigger wagers, that is good, too. Many software providers code their progressive jackpots to make bigger bets more likely to win.

Progressively Increase Your Bet Amount

This is a very risky approach, and one we advise you keep away from if your budget cannot handle it. If you notice you are doing well, you can try to bump up your wagers to take advantage of it. Do not get carried away, however, ramping up your bet outside of what you can afford and losing can quickly sink you.

win playing slots

Play Within Your Budget

Before you start betting, we advise setting your expectations for that particular session.

  • How much money do you plan on playing with?
  • How much are you hoping to win?
  • How much are you willing to lose before stopping for the day?

Setting your budget and your upper and lower limit is something every good slot player should do.

It can be very tempting to go past the limits you set yourself, for different reasons. If you are doing well, you want to keep playing instead of stopping. In the same way, you may be tempted to keep playing to try and make back lost funds. You should ignore these temptations and stick to your limits. 

Betting more than you can afford is the quickest way to cause yourself real-world issues. If you ever feel like this is becoming a problem for you, you should limit your deposits. We advise asking casino support staff to do that for you. That way, you do not have to worry about betting outside your budget in a moment of weakness.

Check the Volatility of the Slot

All casino games come with varying degrees of volatility. You can think of volatility as risk. The more volatile a slot is, the higher the risk of playing it is. Despite this, high volatility releases are very popular. This is because they often offer the biggest payouts outside of progressive jackpot slots. If you do not have much money to play with, you may be better suited for low volatility games instead.

Play High RTP Slots

RTP stands for return to player. It gives you a statistical average of how much you can expect to win back when playing a slot. Most slot RTPs average around 96%, so more can only be a good thing. That said, high RTP slots is not the only thing to consider. Players also need to consider special features, payouts and slot volatility. If a release is too volatile for your budget, its high RTP is meaningless.

Conclusion

As you can see, playing slots comes with plenty of small optimisations. These tips will help you improve to a degree. However, they only go so far. Slots are based entirely on luck and math. While our tips can give you better odds, they cannot force Lady Luck to smile on you. No strategy can guarantee you will win money when playing online slots. However, if you follow our guide, you can at least give yourself better odds of doing so.

FAQ

How can I win at slots?

Winning at slots comes down to pure luck. There is no way to force slot wins to happen.

What is RTP?

RTP stands for return to player. It tells us how much money you will get back when playing a casino game.

Do online slots remember you?

Game sessions are usually treated separately, meaning slots will not remember you. However, there are some titles like Lil’ Devil, who do remember you. This is because their special features require them to remember users to track their progress.