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Your Guide to Crypto Slots Sites
In many ways, the crypto slot machines you play today are similar to the first versions created in the 1890s.
However, modern slots have far more depth, with a greater quantity of reels, pay lines, bonus rounds, and jackpots.
Below, we provide an overview of how the best crypto slots work. Although getting started is as easy as setting your stake size and pressing ‘spin,’ it pays to learn more about how slot machines work.
We also outline the available slot types and analyze how much you are likely to win.
How Do Crypto Slots Work?
In terms of how to play games on crypto slots sites, the basic function is the same as it was 100 years ago. You spin the reels and hope to get lucky!
There are dozens of possible symbols, and you win money when you match certain combinations across the different reels.
The difference between crypto slots and their fiat counterpart is that you bet with digital currency.
When setting your stake per spin, be very careful to ensure you don’t accidentally risk too much. It is easy to risk 0.1 Litecoin when you only meant to bet 0.01!
Although most people are familiar with two types of slots, there are other options, as you’ll see below.
This is the ‘classic’ version of the game and is the simplest form of slots you can play.
With three reels, fewer winning combinations exist than in five-reel slots, and payouts are usually smaller.
Most games offered by Bitcoin slots sites are of the five-reel variety.
These slot machines offer more than five reels, however. You’ll find that they have a huge number of symbols, lots of paylines, and many chances to win a big jackpot.
Progressive jackpots are only available to players who risk a certain amount per spin. The potential prizes are enormous; some people have won million-dollar progressive jackpots!
The available jackpot grows to such levels because it gets bigger each time someone plays the game.
In theory, there is no limit to the size of a progressive jackpot, although the laws of probability dictate that someone will eventually win it.
Developed by Big Time Gaming, an Australian company, Megaways slots use a special random reel modifier mechanic.
It changes how many symbols appear on the reels during each spin. As a result, players have far more opportunities to win than with traditional slots.
Indeed, a Megaways slot offers an extraordinary 117,649 different ways to win. There are also versions of the game with over 15,000 paylines!
Better known as I-slots, this form of the game involves a greater number of bonus features than classic slot machines.
Certain plays within the game trigger bonus stages that bring you into mini-games. These are opportunities for you to multiply your winnings.
Crypto Slot Machine Terminology
Here are a few terms associated with slot machines that should make them easier to play:
Paylines: These are straight or zigzag lines that payout after a winning spin. In general, the more you bet, the more paylines you get.
Active Paylines: The amount you bet determines the number of ‘active’ paylines. You only win when a winning combination falls on an active payline.
Bet Per Line: The amount of crypto bet on each line. Some slot machines allow you to select 50 paylines, which means risking 50 times your base stake per spin.
Autoplay: Rather than pressing the ‘spin’ button all the time, use the autoplay option and select how many automatic spins you want. For instance, you can set the machine to spin 30 times in a row without you doing anything.
Bonus Rounds: Most crypto slot sites offer games where you enter a bonus round once a specific group of symbols appears after a spin. In these rounds, you could win a substantial sum of money.
Jackpot: This denotes the largest prize available on a slot machine. At one time, there was a pre-determined maximum jackpot win. However, crypto slots sites are increasingly moving towards progressive jackpots.
Paytable: Before you start playing, check out the game’s paytable. It gives you an overview of the winning combinations and how much each one is worth.
Bet Max: With this feature, you can instantly activate every payline and bet the maximum sum of money allowed per spin.
What is the Payout Percentage Like?
You can find the RTP figure for slot machines with a little research. Software providers offer the same game to several cryptocurrency slot sites.
As these games are provably fair, an online casino can’t manipulate them. Therefore, if a slot game’s RTP is 96% on Pirateplay, it is also 96% on Mystake.
The lower the RTP, the bigger the casino’s edge. For example, a slot with an RTP of 96.5% gives the site a 3.5% advantage.
It means the game pays $96.50 for every $100 you risk on average. However, this does NOT mean you’ll receive this precise amount each time.
Slot machines have random outcomes, which means payouts vary. A machine on BC.Game might have a 24-hour RTP of 114% but a one-week figure of 97%. We will discuss the issue of slot volatility a little later.
There are plenty of Bitcoin casino games with an RTP figure of over 96%. It isn’t worth selecting anything below 95% as you’re handing the casino an even bigger long-term edge it doesn’t need!
Is Bitcoin Worth Trying on Slots Sites?
Undoubtedly! Bitcoin remains the #1 option for crypto slots sites players. Indeed, while it comprises under 40% of the total cryptocurrency market cap, it accounts for over 70% of the crypto betting volume.
Users still view BTC as the ultimate store of value and hedge against inflation. It remains the most popular, recognizable, and trusted coin.
In addition, virtually every cryptocurrency slots site accepts it as a primary payment method.
Therefore, users of the best crypto slots sites know that with Bitcoin in their digital wallet, they can get started quickly. Also, they believe that keeping BTC will ensure a better long-term financial outcome than using fiat.
Of course, you can also use the currency to play a wide array of casino favorites on BTC slots sites, including:
Before we outline how to find the best Bitcoin slots site for your needs, here are a few pros and cons to consider.
Pros of Playing BTC Slots Sites
A growing level of competition means providers are offering more generous deposit bonuses than before
You get to play anonymously, meaning complete privacy while you enjoy your pastime
It is possible to play from anywhere regardless of geographical restrictions; although playing slots in a country that bans gambling remains a risk
There are free-play options, so you can decide if you like a game before risking real money
There are slots to suit any budget; some slot machines accept the smallest units of cryptocurrencies
Fast deposits and withdrawals with few limitations
No third-party interference, so your bank has no idea of your activities
Cons of Playing BTC Slots Sites
Unfortunately, there are many shady operators, and if you register and deposit with one, they could steal your money
If you transfer Bitcoin to the wrong address, you have lost it forever (unless the recipient sends it back)
Bitcoin has among the highest transaction fees of any cryptocurrency
BTC remains a volatile currency; in the short to medium term, there’s a risk of your account balance’s real-world value falling
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