Can I Play Slots Online for Real Money?

The first slot machine entered the scene in the late 1800s and featured a simple 3-reel design with 5 symbols. The Liberty Bell, as it was called, awarded a whopping 50 cents payout for landing 3 matching Liberty Bells symbols on the reels. Slots have come a long way since then, but the fundamentals remain the same. From humble beginnings, the slot machine has made its way online, and even into the palm of your hand, with online slots that you can play for real money.

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We are here to tell you how you can play online slots for real money at the best online casinos around. We have even compiled a list of trusted online casinos for you to choose from which will ensure that your online gambling experience is as safe and secure as possible.

Can I Win Money on Online Casinos?

Much like land-based casinos, online casinos real money award real cashΒ when playing one of their casino games. Most online casinos offer a variety of different online casino games to play. All of these games present the opportunity to win real money when playing, with arguably the most popular game variety being online slots.

Online slots are popular for two reasons. They are super simple to play and have high winning potential. If you are new to the online gambling space, you may elect to play the free version until such time that you are comfortable enough to put some real money down.

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How to win Real Money Playing Slots at Online Casino

Winning real money playing online slots is super easy, and we are here to show you how. Playing at real money online casinos requires you to deposit into your account first. If you are a new player at a casino, you will usually qualify for a lucrative welcome bonus. Welcome bonuses vary from casino to casino but will usually consist of a percentage of your first deposit being credited to your account on top of the deposited amount. A 100% first deposit bonus would mean that if you deposit $100 you will receive $200 to play. On top of this, the online casino may award you free spins to play on a particular slot.

Once you have signed up and have claimed your welcome bonus you are now ready to play some slot games. When looking at different online slots it’s important to keep in mind aspects of the game mechanics, such as slot volatility and Return to Player (RTP) percentage.

All that’s left to do is start spinning the reels, and if luck is on your side, collect your winnings. There are some strategies that may be implemented to increase your chances of winning, but keep in mind that the outcome of the spin when you’re casino online betting, will be determined by the Random Number Generator software (RNG).

Once you are ready, you may elect to withdraw your winnings using one of the available withdrawal methods. Select your withdrawal method, confirm the amount that you wish to withdraw, and then the funds will be in your account within a few business days. Winning real money by playing slots has never been easier with the convenience that online slots offer to gamblers.

Types of Online Slots

3 reel pokies machine

Ready to play?

Depending on your game preferences, there are many different types of online slots to choose from that will meet your requirements. There are classic slots, video slots, slots with multiple paylines, and progressive jackpot slots; and each has their own benefit to players.

Classic slot – These are slots with a simple design, featuring 3-5 reels with classic fruit symbols. These slots do not have all the extra bonus features that are common to newly released slots but they are nevertheless a very popular category among online slot enthusiasts. Classic slots are super simple to play and do not require much practice before you get the hang of things. Place your wager, spin the reels, and allow the software to do the rest!

Video slot – Video slots are the most common slot found in online casinos. These slots include top notch graphics and animations and are accompanied by an impressive soundtrack to round things off. Online video slots feature stunning visuals, and in some cases immersive gameplay, that gives players a break from the repetitiveness of traditional classic slots.

Megaways slots Paylines are the ways in which symbol combinations are formed. Therefore, the more paylines available, the more ways there are to win. Traditional slots will have fixed paylines usually up to a maximum of 20, whereas newer slot titles can have over 100,000 ways to win. The Megaways game mechanic is something to look out for if you are wanting to play at one of these slots with increased ways to win.

Progressive jackpot slot – Progressive jackpot slots are for players who are looking to win big. When we say big, we really do mean BIG! Progressive slots utilize software to pool together funds from multiple casinos to create one big jackpot which is awarded to players at random. To increase your chance of winning the progressive jackpot all you have to do is play consistently at the slot that is part of the progressive jackpot network.

This is How to Choose the Best Online Slots

With so many online slots to choose from you may feel a bit overwhelmed at first by all the options available. Whether you are looking for old-school fruit-themed slots, or a futuristic video slot with all the bells and whistles, there is bound to be something out there for you.

To find the perfect online slot, there are some considerations to keep in mind. These considerations will have a big impact on what you get out of your online slot experience.

  • Return to Player Percentage – Return to player percentage represents the average return that a player may expect from a particular slot. A 96% RTP means that on average for every $100 played $96 will be returned to players. The 4% represents the house edge which the casino takes as profit. RTP can range from as low as 94% up to as high as 99%. You should therefore keep an eye out for slots that have a higher RTP as these will, on average, pay out more generously to players.
  • Slot Volatility/ Variance – You will encounter this term many times when playing online slots. Volatility refers to how risky it is to play a particular slot. A high volatility slot will burn through a large chunk of your wallet but will, inevitably, dish out far more lucrative winnings than low volatility slots. Low volatility slots in comparison will allow you to place more wagers which results in frequent moderate payouts. If you are looking to win big, then we would recommend looking for high volatility slots.
  • Maximum Payout – Online slots will always have a maximum payout which caps the amount that can be won on a single spin. A slot that has a maximum win per spin capped at 2,000x your stake, and a maximum wager of $100 per spin, will mean that the highest that can be won on a spin is $200,000. The maximum win amount should be matched with the slot RTP and slot volatility to gain a realistic picture of what the game has to offer.
  • Bonus Features – Bonus features are what really sell online slots to players. These features make gameplay more enjoyable and may even increase winning potential. Cascading Reels, the Megaways game mechanic, and free spin bonus rounds are all amazing bonus features that you should look out for when choosing which slot to play.

Is it Safe to Play Slots at Online Casinos?

person wearing mask using computer

You don’t need a mask to stay safe at online casinos β€” but in general, it helps.

In general, yes it is safe to play online slots. As we are dealing with the internet there are certain risks that are present, and which should be considered, before playing online slots for real money.

The first consideration that should be taken into account is whether the online casino is licensed and regulated. Various authorities exist to regulate the online casino market with the goal of making games safe for players. Furthermore, regulatory authorities ensure that online slots are fair to players. These safety and fairness standards include making sure that Random Number Generators are truly random and that casinos protect players’ funds and personal information from cyber-attacks. It is imperative that you only play at safe online casinos that are licensed and the online slot software is from a well-known software provider.

We suggest taking a look at trusted online casino reviews before signing up, which will make the decision-making process a bit easier.

Is it Worth it to Play Online Casino Games?

Why would you want to play online casino games instead of going to traditional brick-and-mortar casinos? Is it really worth it?

The arguments for playing at online casinos far outweigh the arguments against it. Firstly, online casinos are more convenient than traditional casinos, with the possibility of being able to access and play your favorite games wherever you are in the world. With the popularity of mobile gambling having picked up recently this has made it even more convenient to log into your online casino account and pick up where you left off in games, from online poker to online craps for real money. Online casinos have noted this trend and have made their mobile offering as user friendly as possible, which has further driven the popularity of the mobile gambling market.

Secondly, online casinos offer way more to players with lucrative welcome bonuses, such as no deposit bonus and first deposit bonus, as well as other generous promotions to keep things exciting. This is simply because online casinos have fewer overheads to cover and require far fewer employees to keep the ship going when compared to their brick-and-mortar counterparts. Online slots, for example, have far higher payouts when compared to land-based slots. In fact, the RTP of online slots generally sits in the 94-97% range whereas land-based slots offer a measly 75% RTP!

Thirdly, online casinos are safer than traditional casinos. You can imagine the risk of walking out of a land-based casino with thousands of dollars in cash. With online casinos you can deposit and withdraw funds directly into your bank account using safe and secure banking methods. PayPal, Mastercard deposits, Skrill, Bank wire transfers, and even Bitcoin transfers are all methods that can be used to transfer funds to and from online casinos safely.

Lastly, online casino games are super fun! With new titles being released every day you will always have a wealth of options to choose from. Software providers are constantly innovating their products to bring new and exciting titles for you to enjoy.

Do Online Slots Really Have a Real Cash Payout?

When playing online slots, the money that you deposit into your account will be reflected as a credit amount, which is then used to wager on the slot that you are playing on. In the event that you have a successful run, you may elect to withdraw your winnings from the casino. Withdrawals can be done in a number of ways, depending on your jurisdiction, in the currency of your choice β€” so yes, some slots can payout in cash or a credit to your debit account. Be sure to read the deposit & withdrawal methods to make sure this is available at your site of choice.

There are a few considerations to take into account when you decide to withdraw real money from an online casino.

cash in hands, money deposit

Be sure to look for real money games if you’re looking to wager & win.

Withdrawal Time

Depending on which method you select to withdraw your money, there will be varying time frames for the funds to appear in your account. This may be for online casinos to do their own security checks or it may be for the bank to process the transaction. Options such as Bitcoin transfers are a new and fast way to send and receive money from online casinos. If you are using more traditional methods, such as the Visa Credit Card payment method, then this may take a bit longer. Generally speaking, Visa Credit Card withdrawals may take up to 5 business days to reflect in your account.

Wagering Requirements

Wagering requirements refer to the number of times a welcome bonus must be played through before you can withdraw your winnings. For example, a $50 welcome bonus with a 30x wagering requirement will require you to place $1500 in bets before you are able to withdraw any funds. There is also a time limit that requires you to place the bets before the time is up, which may lead to you forfeiting the bonus if you are unsuccessful. This is an important aspect for new players to take note of and avoid some serious disappointment.

Available Withdrawal Methods

Given that online casinos operate in multiple jurisdictions, all with their own ensemble of legislation and rules governing online gambling, certain withdrawal methods may not be available to all players. Players from the United States, for example, are seriously limited in the payment methods available to them. Before signing up at an online casino make sure that you are fully aware of the deposit and withdrawal methods available in your jurisdiction to avoid any hiccups along the way.

Playing online slots for real money is super simple and with this guide, you are well equipped to make some serious cash playing the best online slots which we have reviewed for you. If you are new to online slots, remember that you can always play for free before putting down some real cash.

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Arthur Crowson

Arthur Crowson writes for GambleOnline.co about the gambling industry. His experience ranges from crypto and technology to sports, casinos, and poker. He went to Douglas College and started his journalism career at the Merritt Herald as a general beat reporter covering news, sports and community. Arthur lives in Hawaii and is passionate about writing, editing, and photography.

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