A Caesars Rewards Seven Star guest, who chose not be identified, hit a slots jackpot of $99,241 at Harrah’s. A lucky Seven Star guest hit it big on High Limit Slots for a $99,241 #JACKPOT. Casinos make “hand pays” when a slot jackpot is $1,200 or more. At Meadows, a shift leader such as Ashmore must get involved when the total reaches $10,000. At $250,000, the slot manager or casino manager are summoned. The $1,200 limit is based on federal income-tax rules, says Gerald Stoll, director of the state Bureau of Casino Compliance.
High limit slots machines are games that allow you to play for higher stakes. In this type of games, can wager hundreds per spin. If you compare them to low limit slots, you can easily see they have numerous advantages than the latter counterparts. High limit slots not only generate an exciting and engaging experience but also include an overall higher payout rate if you are lucky enough to hit the right symbols. Moreover, if you play them in a land-based casino, you can enjoy playing in a dedicated, exclusive area. And finally, if you are a high roller you can take advantage of exceptional perks, which won`t be available on low limit slot machines.
These are the Best High Limit Casinos You will Find Online
High Limit Slots may be expensive, but they pay out better!
Casino
High Limit
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Rating
Link
Yes
$500
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Cherry Jackpot
$20000
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CasinoMax
$9000
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Slots.lv
$5000
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Ignition Casino
$1100
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Sloto Cash
$7777
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Uptown Aces
$8888
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Red Stag Casino
$2500
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* Click on 'Play Now!' to get more details about the bonus. T&C’s apply.
Choosing a Denomination
Many online casinos will allow a wide range of coin denominations on their slot machines. So, before you start your gameplay, it is a good idea to select a denomination. This may sound like hard work, but actually, a little knowledge and some maths skills will help you make the best decision.
One thing you need to know is that the payout rate grows in parallel to the size of the denomination. That is no surprise. If we presume that you own a gambling venue, then certainly you would like to increase the amount of money you make per square foot. Knowing that penny slot machines take the same space as $25 slots you should think of a way to profit from both games.
The trick is to maximize your average winnings on the low limit games by minimizing the payout rate. To sum up, your casino will have an edge, no matter what the payout percentage is, in the long term you should always make a profit.
Now that is all covered, and we get back to the player’s point of view you have probably realized that it is not a good idea to gamble more than you can afford, just to increase your payout percentage. Practically speaking, your goal should be more fun with minimal losses. Then going on a trip with 500$ in your pocket, you choose a game with $25 per spin and you lose your whole bankroll in a matter of minutes would not be much fun, right?
How do you make the math?
Statistics has it that the mass slot gamers make 600 wagers on an hourly basis. To calculate your loss, you will need basic multiplication and guesswork. Let`s take Nevada for our example. The slots there have a max house advantage of 25%. The worst situation that may happen is to lose 25% of each bet that you make. With that information in mind, you can do this simple calculation to predict your losses:
600 hourly bets x $25 per spin X 25% the max house edge = $3750 hourly loss.
These numbers may shock you at first sight, but this will be the case only if you do not choose a game with a better payout percentage. So the first thing you need to do before starting to play with real money is to find a slot with decent payout rates.
This could be a game with a 90% payout percentage, which will result in only 10% loss. Now the figure changes drastically. If you do the equation with the same number of spins on an hourly basis, you will get $1500 per hour. Fair enough.
If this sounds a bit too much for you and you prefer to keep it low, then you should probably stick to penny slots. This way even with a 25% edge you will lose only $1.50. You can play for a longer time with this amount of loss, but at a point, you will certainly get bored beyond belief.
It would be best if you try to find a denomination that is somewhere in between high and low limit slots. Your aim should be to play slot games that are high enough to keep you entertained, and at the same time affordable enough, so they do not empty your pockets.
Another source for guidance is the book “Poker Night: Winning at Home, at the Casino, and Beyond” by John Vorhaus, where he gives you a closer look at his “gulp limit” principle. This concept is used when you try to define the amount of your gaming bankroll. It should be big enough, so you would gulp if you happen to lose it.
How long would you like to play?
When you come up with the numbers of your gambling bankroll, think of how much time you would like to spend playing and reverse the equation that we have previously discussed to find out your denomination. To make things clear, again we will give you an example.
Let`s presume you are planning a trip to Vegas for one weekend. Your goal is 4-hour gameplay a day with minimum loss and maximum fun. This makes a total of 8-hour gambling. If you stick with penny slots we have mentioned above, you will be good to go with $10 or $20. Doesn`t it sound like much fun?
This may be right, but if you choose 25$ slots, then be prepared with $12k for just two days. Below you can find other suggestions for reference of the same scenario:
5$ slots – from $5000 to $10,000;
1$ slots – from $1000 to $2000;
Quarter slots – from $250 to $500;
Nickel slots – $50 or $100.
These numbers may vary a lot and are given only as an example, and the objective is not to lose that exact sum. Your target should be to define the max time and most fun you can spend gaming within the lines of your budget.
Online High Limit Slots
While the majority of online casinos offer low limit slots like those in land-based casinos, there are still plenty which provide a wider betting range. There is a little hint that you should be aware of – certain players can be accommodated with high limit slots depending on the software the casino uses. Not all have this offer, but it is worth asking their customer service to send you a list of high limit games if they support high rolling.
Let`s not forget that some online games can already be played for higher stakes per spin. These games let you bet on multiple pay lines, and as a result, your wager can be pushed upward very fast. Let`s take a 5$ game with 9 pay lines per single spin, for instance, meaning your wager will go up to 45$ per spin. Certainly, this is not the highest numbers that can be found online, but it is quite enough to get you started and keep you going.
Most importantly, online casinos tend to offer higher payout percentages than their land-based counterparts, because they are operating at lower costs. Moreover, online casinos provide the convenience of playing privately anytime, anywhere and nevertheless, in the palm of your hand.
Comparing Online High Limit & Land-Based Slots
There is a significant difference between land-based casinos and online high limit slot games. The latter offer instant, real cash bonus games, which cannot be found in venues in Vegas, for example.
So, what should you expect when choosing high limit slots?
First of all, you should look for casinos offering reliable banking. Undoubtedly, if you are a high roller and deal with big sums, you need reliable banking options, which provide fast and secure deposits and withdrawals. You can rest assured, knowing that all the casinos listed below have first class banking services with various options, increased limits and most of all the fastest withdrawals that can be found online.
Secondly, professional around the clock customer service is a must. Whatever questions you might have or help that you need should be provided at any time of the day. Even so, high limit gamers should anticipate support directly from the venue`s manager. This way you can rest assured that all your requirements will be attended as fast as possible, 24/7 by a true expert in the field.
Moreover, you should not forget the VIP bonuses and promotions. As in Las Vegas, the most reputable online casinos offer to their best customers one-of-a-kind promotions. The casinos that you will find listed here, provide excellent bonuses even for deposits such as $500, that are impossible to get with low limit games.
Last but not least are the VIP Prizes. Our selection of online casinos gives numerous spectacular rewards, some of which are not even advertised to their VIP gamblers. From deluxe vacations to designer watches, you will be pampered like no other.
If you are already interested in playing high limit slots online and you are wondering which site to choose, you should definitely start with Spin Palace. With more than 600 slot games in their portfolio from the best gaming companies in the world like Microgaming, you will truly have a great time. They offer the latest and classic Las Vegas style slots, also a professional customer support with the easiest and fastest options for deposit and withdrawals.
Las Vegas High Limit Slot Machines
You may find yourself wondering which are the top casinos for high rollers in Vegas. To avoid the hustle, we have done the work for you.
For quite some time, 3-reel slots have proven their reputation as one of the most valuable and preferred games. Amongst the most popular ones are Red White and Blue, Triple Diamonds and Double Diamonds. Another widely spread game is Wheels of Fortune. While most of the brands can be played with $10, $20 or even $100 per spin, Wheels of fortune allows wagers like $500 per spin!
Not far behind are 5-reel video slot games. Surprisingly, as much as we love newcomers like Wizard of Oz slots, traditional games are still more preferred. Classic names like Lobstermania and Cleopatra are still the majority of games found in high limit rooms.
Top High Limit Slots Rooms
All of the most reputable casinos in Vegas offer high limit slots. But if you find yourself not located in the very popular region there, but somewhere a little bit farther away, it will be harder to find them.
To make things easier, we have selected the three top gambling venues in Vegas offering high limit slot machines.
Monte Carlo – They have a spectacular high limit slot room with various games including the incredible Texas Tea slot machine.
Caesars Palace Casino – You can choose between two exclusive VIP rooms. Bear in mind, that one of them has staff. Also, there you can choose between numerous games even new video slots that are impossible to find anywhere else.
Bally`s – The room in this casino has a nice location – right in the middle. It also has a wide gaming portfolio. Get ready to be pampered by the staff with free drinks all the time.
This is only a very limited selection of the casinos that are worth visiting to enjoy high limit slots. Vegas is the place to enjoy high limit slot rooms. To find the one that suits your taste, just plan a trip and choose your favorite.
Other Types
These can be quite expensive, and most people cannot afford them, if you are one of them, check out the table below.
The most common denominations for slots
Pennies ( lowest possible denomination of currency)
Nickels (most inexpensive way to earn a decent award)
Quarters (more expensive than nickels but with better payout)
Dollars (see how to test your luck with only a dollar to get started)
October 15th, 2019 |
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
Free online roulette no download. 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
High Limit Slot Jackpots
Where to play online slots. 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:
Batman the dark knight free. 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.
People Playing High Limit Slots
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.
High Limit Slot Jackpots Youtube
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.