Can You Win Real Money on Online Slots

Yes, you can win real money by playing online slots. You can win a minimum of 5 cents. The maximum winning can reach millions. Winnings depend on various factors, such as slots’ RTP, variance, jackpot size, and odds of winning. If you want to know more details about winning real money on online slots, you are in the right place.
Can you win real money on online slots

How Much Can You Win Playing Online Slots

You can win anywhere between 5 cents and 22 million dollars. It depends on the type of game you play at an online casino, the jackpot size, and how much you bet.

Some of the biggest winnings in online slots to date are:

Slot Winnings (in €) Player Name Player Country
Mega Fortune 22.08 million Anonymous Finland
Absolutely Mad Mega Moolah 21.73 million Anonymous Belgium
Mega Moolah 21.65 million Jon Heywood UK
Mega Moolah 20.64 million Anonymous Unknown
Mega Fortune 22.08 million Anonymous Unknown

Your winnings at MGA casinos, UK, Curacao, or any other platform depend on numerous factors, such as:

  • Return to player (RTP).
  • Slot Variance.
  • Jackpot Size.
  • Odds of Winning.

Let’s see how these factors influence the amount of money you can win playing slots.

Return to Player (RTP)

RTP is a percentage of how much an online slot pays you based on the number of wagers. For instance, a slot with an RTP of 90% will return you €90 for every €100 wagered.

“Bloodsuckers” is a popular slot game with the highest RTP of 98%.

Slot Variance

Slot variance or volatility influences the amount of money you can win on online slots. It calculates the risk of a slot game for a given period.

Higher variance slots are directly proportional to higher winnings. However, winnings are less frequent. Slots with low variance have smaller payouts, but the winnings are more frequent.

Jackpot Size

Can you win real money on online slots

Progressive jackpots are getting popular these days. Placing a bet each time without a jackpot win increases the potential winnings.

Sometimes, progressive jackpots can reach hundreds of thousands of euros. However, these slots have lower winning odds.

Odds of Winning

There are 343 different outcomes in an online slot game each time you spin. Only 133 of 343 are winning outcomes.

For instance, when you spin, you have a 38.78% chance to land on one of the 133 winning outcomes.

In addition to the winning odds, focus on the matching scatter symbols because they can give you bonuses and special promotions.

A single spin has a 34.49% chance of getting one scatter symbol. That’s why I recommend matching multiple scatter symbols to generate higher profits.

Remember, a single spin has an extremely low chance of getting two scatter symbols – i.e., 5.26%.

What Online Slot Games Pay Real Money

Can you win real money on online slots

Today, almost all slots you find online pay real money. However, I usually play the following popular slots to avoid pitfalls and earn real profits on casinos without Swedish license.

  • Bloodsuckers
  • Book of Dead
  • Rainbow Riches
  • Starburst
  • Sweet Bonanza
  • Wolf of Gold

Although the highest bet decides the maximum winning, other factors like multipliers and bonus rounds can influence your winnings.

These games are powered by credible software providers like Pragmatic Play, Evolution, etc. Here is a table summarizing the maximum winnings for each slot game.

Game Maximum Winning Amount
Starburst 50,000 coins
Rainbow Riches 500x your stake
Sweet Bonanza 21,100x your bet
Book of Dead 250,000 coins
Bloodsuckers 1,014.6x your bet
Wolf Gold 5,000x your stake

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Final Words on Winning Real Money on Online Slots

I believe I have provided you with all the information to win real money on online slots. Remember, luck plays a vital role in winning online casino slots.

However, understanding factors like RTP, variance, jackpot size, and winning odds can help you streamline your gameplay and increase your chances of winning.

Lastly, read online casino reviews to understand what slots games do they offer – and whether they let you play and win real money on slots.

Raza

Written By

Qazi Raza

My name is Qazi Raza. I work as an editor at Casinoswithoutswedishlicense.com. We focus on telling Swedish casino players about the best-unlicensed gaming websites. I know a lot about how online casinos work. I can tell you which websites are safe and which ones will pay out your winnings. I also share tips to help you make the best betting decisions. My goal is to guide Swedish players to great casinos outside the licensed system. I want our users to have fun gaming experiences.