Real Money Slots
People wager at online casinos because they can wager with real funds and withdraw their winnings. For this a secure environment for transfer of funds is required. The online casino gaming software was ready earlier. The technology for secure transfer of funds was the final step that gave birth to Real Money Slots.
Today online casinos offer many different options for depositing and withdrawing funds. Players can choose from a number of currencies. However, all countries do not permit real money gambling and therefore players must make sure that they are not breaking any laws. Also players must choose online casinos carefully.
What are Real Money Slots?
Real money slots are those online slots on which players can wager with real money just as in land casino slots machines. If they do not win then the money is lost. But if they win they can take home the winnings. Real money slots require a mechanism for transferring funds online. Actually funds are not transferred to individual real money slots but to the online casino. Players can then use the funds to wager on any of the real money slots offered.
Transferring funds to online casinos are like making any other online payments. Players can use most of the reputed credit cards like Visa and MasterCard in the usual way. If players have electronic wallet accounts like Neteller or Moneybookers then these can be used to fund online casino accounts. Players can also buy prepaid vouchers using cash for funding online casino accounts. Similarly there are several withdrawal options available. The most common is through a check or direct transfer to the player's bank account.
Since wagering on real money slots involves real money, players should be careful not to get carried away and wager more than they can afford. This is all the more important when wagering on real money progressive slots with life changing payouts.
How to Get Started Playing with Real Money Slots
The first step is to sign up at an online casino and make a real money deposit. Then the player can log in to the online casino and select the real money slots that he wants to wager on. When the real money slots game opens on his screen his account balance will be displayed. This is the amount available for wagering to the player.
The player has to select the number of paylines, the number of coins per payline and the coin size. The product of these is the total amount wagered. This is deducted from his balance. After the spin is over the payouts if any are added to his balance.
After the wagering is over the final balance in his account will be stored at the online casino and will be available the next time he logs in. The player can also withdraw from this balance whenever he wishes to.
Steps to Follow When Choosing an Online Casino to Play Real Money Slots
The first and foremost step is to ensure that real money online gambling is legal in the jurisdiction that he lives in. If not, then not only can the player lose his deposit but can also face legal action. He should choose an online casino that is licensed from a reputed jurisdiction.
For real money slots it is essential that the online casino has the best security like SSL encryption for financial transactions. If the player's own currency is offered then that is the best option. U.S. dollar is the best default option. Players must select the deposit option with care because changing it can be a problem.
Quality of Real Money Online Casino Slots
Online casino slots have been developed for real money wagering and therefore they are of the best quality. There are a number of great software providers in the business of developing online slots and competition among them is constantly driving the quality up. One aspect of the quality is the graphics that have changed from flat 2D symbols to symbols with 3D perspective and of late to real 3D symbols. The quality of the animations has changed from simple software generated ones to incorporation of video clips. There has also been innovation in gaming features, particularly in the type of bonus games offered.
Popular Online Slots Providers
There are a number of popular online slots providers. Microgaming is the pioneer in this field and offers more online slots by far than any other software provider. Playtech and Cryptologic are both known for branded slots. Both software providers offer video slots based on Marvel super heroes and popular Hollywood movies. Realtime Gaming offers a Real Series of online slots with randomly triggered progressive jackpots. For the players looking for life changing progressive jackpot payouts Net Entertainment is the preferred software provider. Top Game is a late entrant and offers a smaller selection of online slots but does not lag in quality.