Some of the biggest myths surrounding slots involve betting. Falling for these slots betting myths can quickly drain your bankroll.
Obviously you don’t want to be forced to wager more than you’re comfortable with and put your bankroll in jeopardy.
That said, keep reading as I cover these betting misbeliefs.
Myth #1: You Have to Bet the Max Coin to Win the Jackpot
Some slot machines allow you to change your coin size. This range is often between $0.01 and $1.
One slots betting myth is that you have to use the max coin to qualify for the jackpot. This idea stems from how older slots used to feature this requirement.
However, this isn’t the case any longer. Read the game’s pay table to find out what the real requirements are behind qualifying for a jackpot.
Myth #2: Betting More Gives You a Stronger Chance to Win
Certain slot machines reward you for betting more and/or using all of the paylines. These rewards can include qualifying for special bonuses and/or a progressive jackpot.
But the majority of games these days don’t reward you for betting an excessive amount. For example, you’re not going to qualify for anything extra just because you’re betting a $5 coin.
Again, look at a game’s pay table to see what the rules state. Doing so can dispel this and other slots betting myths.
Myth #3: Only Expensive Slots Offer Big Jackpots
This slots betting myth comes from the idea that many of Vegas’ biggest jackpots are on expensive games. For example, Megabucks and Wheel of Fortune both require $3 minimum wagers.
However, some online slots offer seven and eight-figure jackpots without forcing you to bet $3.
Microgaming’s Mega Moolah is one example. This game only requires that you use all 25 paylines, which qualifies you for a jackpot worth millions.
In summary, always look at slot machines’ pay tables to see what you need to bet in order to earn bonuses and jackpots. Also note that online slots are the most generous in terms of allowing you to play for cheap.