Read all about how bet sizes, bonus money, game selection and more can alter if you win big.
Contents
- 1 Bet Size
- 2 Bonus Money or Cash?
- 3 Casino Selection
- 4 Can You Win Big on Online Slots – Game Selection
- 5 Players Who Have Won Big on Online Slots
- 6 Is there a Best Time to Play Online Slots?
- 7 Is There a Best Day of the Week to Win Big?
- 8 Hot Slots
- 9 Is it Worth Changing Online Casino After a Big Win?
- 10 What Happens After you Win a Jackpot?
- 11 Can Casinos Ban you for Winning Big?
- 12 Are High Roller Players More Likely to Win?
- 13 Gamble Responsibly
- 14 Can you Win Big on Online Slots Conclusion
The simple answer is yes! You can win big on online slots. However, there are a few things that you need to look out for to ensure you are in for the chance of hitting it big on online slots. Before we go into that, the casinos listed below have slots that have huge potential (we’re talking jackpots in the millions and games with up to 200,000x potential!).
Bet Size
Firstly, let’s talk about the bet size. People think you need to be betting big to win big. This just isn’t the case. Even if you bet £0.50 per spin, if you hit that 200,000x, you’re walking away with £100,000! Of course, if you do bet bigger, you will obviously get more cash for the same win multiplier, but the bet size doesn’t increase your chances of winning a lot of money.
Your bet size should be based on your budget. If you have £50 to play with, betting £5 a spin will not last you very long at all unless you get fortunate with a bonus or good base game hit. It would be better for you to bet in the lower amounts, such as £0.50 or lower, just until you have built up a balance from a win.
Some slot games are classed as lower volatility. You could start with these to see if you get any lucky spins before going to the super volatile big win slots.
Bonus Money or Cash?
Most casinos have a cap on how much you can withdraw if you win whilst playing with bonus money. This is because bonus money is technically the casino’s money they gave you to play with. So if you are chasing that big win, it might be better to play with cash, depending on your bet size.
If a casino has a £20,000 cashout limit with bonus money and betting £0.10 a spin, you are not likely to hit that limit. So, going with a welcome bonus may be better for you.
Do I need to Wager if I Win Big?
Many online casinos do not allow you to play progressive jackpot games with bonus money. If you win big whilst playing with your own money, you can cash that out and cancel your bonus money. If you hit a big win with bonus money, you would need to finish wagering before you can withdraw. Always read the terms and conditions of any bonus you sign up for so you can avoid any costly mistakes.
Luckily, you can keep track of your wager on your profile page on most online casinos. If it isn’t showing there, simply contact the casinos live chat support for a helping hand.
Casino Selection
An essential part of winning big on slots is also to do with the casino selection. Some casinos might not have the slot providers that are known for their vast potential games. So ensure you search for the games before registering. Our ‘more info’ pages on all casinos have their game providers in a list, so it’s easy to see if they have the games you like.
Local or Online Casinos?
Many people don’t realise that the slots in local pubs, bars and casinos do not pay out that much. Their max potential could be capped to 100x the bet. In the online gambling world, this is very, very low. With slots going up in the hundreds of thousands of potential, you are much better looking for slots at online casinos rather than local casinos.
Choosing online or local does mean you miss out on some of the social aspects, but staying comfy on the sofa makes up for it!
Can You Win Big on Online Slots – Game Selection
Ensure you pick a slot that has immense max potential. For example, some slots only pay out 500x – 1000x maximum. On the other hand, games like San Quentin xWays pays out 150,000x! You can read all about San Quentin xWays and find out where to play it.
For a list of top 10 online slots with the biggest win potential, visit this page for more information.
Slot Return to Player (RTP)
Slot RTP is how much the slot pays back to the player based long term. Generally speaking, the higher the RTP, the less volatile the slot is. So, if you are looking to have a long game session or are chasing a jackpot, look for the higher RTP slots.
To note, even if a slot’s RTP is 99%, it can still go long periods of not winning. It just makes it a little more likely to payout. Slots are a game of pure luck, everything is random in a slot, so you can’t really sway it much in your favour.
Do Online Slots Remember You?
Online slots do not remember who you are or what you have won. In your account, there is a record of every bet, wager and win you have made. But the slot itself does not remember any of that. This is because online slots use a Random Number Generator (RNG) to determine if you win. There are usually no other factors that go into it. We say “usually” because some slots allow you to slightly raise the bet in the form of “bonus boosters” to trigger the bonus more frequently.
Players Who Have Won Big on Online Slots
Surprisingly (maybe not), most of the biggest wins have taken place on the Mega Moolah online slot. The biggest win was on the Napoleon Sports & Casino on the 27th April 2021, where a player won £17.3 million on Absolootly Mad: Mega Moolah. Indeed, 7 out of the top 10 biggest online slot wins have been Mega Moolah players. The wins range from £6.4 million to that large on of £17.3 million.
Now, the chances of winning a jackpot like that are astronomical, similar to hitting the jackpot on the lottery.
Is there a Best Time to Play Online Slots?
Contrary to popular beliefs, there is no “better” time to play online slots. This is because the slots do not adjust payouts depending on how many people are playing. Instead, they have a set return to player(RTP) and an average number of spins before hitting small wins, big wins and bonuses or free spins.
All of the games offered on online casinos have been tested by their licensing body, in our case, the UK Gambling Commission. They are fair and totally random. So there are times when slots could payout jackpots back to back or not pay out a single penny for hundreds of spins(both scenarios are improbable).
Is There a Best Day of the Week to Win Big?
Again, the short answer is that you can win big on any day of the week. Online slots do not pay out more or less based on when you play, regardless of time or date. So don’t worry if you are playing on a Monday afternoon, the slots potential and RTP will still be the same as it was Saturday night!
Hot Slots
Many online casinos have a section that tells you what slots and games are paying out to lots of players at this moment in time. You could use this information and try these games to see if you have any lucky big wins.
Is it Worth Changing Online Casino After a Big Win?
You won’t be penalised for winning big at an online casino, so it probably isn’t worth changing casino after a big win. However, if you think you may play better on another casino, then, of course, you should switch to try your luck out. Regardless of if you win big or not, the next game you play could pay out again or pay nothing. It’s all random.
What Happens After you Win a Jackpot?
So, you’ve either just hit the jackpot or are daydreaming about winning such a sum of money. Well, the experience afterwards depends entirely on the online casino or the slot developer. Some jackpots are paid out directly by the casino, whereas others are paid by the slot developer. You may receive the whole amount in one lump sum, or it may be restricted to maximum withdrawal limits by the casino. Whichever the case may be, it is typically made clear in the general terms and conditions of the casino. You can find these at the bottom of the homepage or below the welcome offer before signing up.
Can Casinos Ban you for Winning Big?
The short answer is that casinos will not ban you for legitimately winning big. There is no better advertising for a casino than players who have hit it big. You will make it to the casino’s list of big winners, and that’s pretty much it. You may receive more offers from them trying to entice you to play some more.
Reasons you are likely to be banned from the casino include falsely claiming gambling transactions as fraudulent with their bank. Moreover, breaking terms and conditions or other forms of cheating.
Are High Roller Players More Likely to Win?
A high roller tends to have a much larger budget for gambling and therefore receives privileges at online casinos. As a result, high rollers will usually bet higher, meaning they will have a higher win, but this does not mean they have a higher chance of winning than you do.
High rollers get preferential treatment for bonuses, free spins, and their own account manager. In addition, they can allow them to withdraw more significant amounts when they hit it big.
Gamble Responsibly
It’s always best to make sure you are sticking to your budget and not overreaching financially trying to chase a jackpot or big win on a slot. At the end of the day, slots are totally random, and they can take away your whole balance quickly if you let them. However, the online casinos have handy responsible gambling features you can use to help you gamble responsibly. Visit begambleaware for more assistance.
Can you Win Big on Online Slots Conclusion
In short, you can definitely win big on online slots and are much more extensive than those of local casinos. So if you are looking to try for a big win, choose online casinos rather than local ones.
