Playing high-limit slots has different risks and rewards that you should consider. We’ll tell you how to navigate volatility for the biggest payouts.
Managing Bankroll Fluctuations on High-Variance Slots
Progressive slots may offer life-changing wins, but high limits lead to high variance. Your bankroll will fluctuate greatly during play sessions. Proper bankroll management is key to surviving the swings on such sites as Viva Bet.
Recommended Bankroll Size
Most experts recommend having at least 500-1000x the minimum bet size of a slot machine for your bankroll. This allows you to withstand natural losing streaks. If playing $5 slots, you’ll need $2500-$5000.
Bet Sizing and Session Length
Your bet sizing and session length also impact bankroll fluctuations. Playing longer sessions with more spins raises variance putting your bankroll at greater risk. Start with smaller bets and shorter sessions until you’ve seen how volatile the slot is.
Stop Loss and Win Limits
Setting stop-loss and win limits will also help protect your bankroll from major swings. If you’re down 50% from your peak balance, it may be time to stop. If you’re up 150% or hit a major win, consider ending the session as a winner.
Spotting Positive Expected Value on High Limit Slots
The volatility of progressive slots is due to the randomness of results and the continually resetting jackpot that must be won eventually. This creates the possibility of positive expected value where the potential rewards justify the risks.
Identifying Positive EV Through Research
You can identify positive EV slots by researching the average time between jackpot hits and estimating the likely return to player percentage range. If a slot frequently pays over 100% RTP, it may offer positive EV if you play max bets through multiple jackpot cycles.
Site Selection for Favorable Slot Machines
The highest returning slots with the most positive EV tend to be at smaller casinos off the Las Vegas Strip. Local casinos cater more directly to slot players giving better overall game conditions, albeit with lower headline jackpots.
Developing Positive EV Through Volume Play
Even if a slot isn’t hugely +EV overall, you can create positive expected value by putting in extremely high volume. Playing 20,000+ spins on a 96% RTP slot should yield a small profit over time, though bankroll requirements are enormous.
Slot Features That Raise Volatility
All slot features that can award large payouts also raise volatility putting your bankroll at greater risk. But these features also offer the biggest rewards. Understand how they work to manage risk while chasing huge wins.
Progressive and Standalone Jackpots
The main volatility driver is the resetting progressive jackpot. Standalone/local jackpots with just the top prize reset also bring variance. Major jackpots hitting lead to extreme bankroll fluctuations either way.
Bonus Games and Free Spins Features
Additional slot features like lucrative bonus rounds and free spins can bring major spikes up and down. Bonus games sometimes award the progressive making them especially high variance.
Cluster Pays and Megaways Formats
Modern slot layouts like Cluster Pays and Megaways with thousands of paylines intensify volatility even further. You can win huge from minimal symbols but also experience longer cold streaks.
Type of Slot | Return to Player | Volatility | Max Win Potential | Bankroll Needed |
Classic Slots | 94-96% | Lower | $500-$5000 | $1000+ |
Video Slots | 93-95% | Moderate | $25,000+ | $5000+ |
Progressives | 91-93% | High | $1 million+ | $10,000+ |
Megaways | 96%+ | Highest | $10 million+ | $100,000+ |
As shown in the table above, higher volatility slot machines offer greater maximum win potential but require larger bankrolls to play safely. Manage risk first, then let the big rewards come.
Final Tips for Playing High Limit Slots
- Have a sizable bankroll and stick to proper bet sizing – don’t overextend yourself in the hunt for a life-changing score.
- Do your research and find the most +EV slots that pay back the most over long-term play.
- Set win limits and stop loss points and stick to them, ending sessions early when appropriate.
- Embrace volatility as the price that must be paid for the biggest jackpot awards if you’re willing to ride out the swings.
High-limit slots provide the ultimate risk/reward gambling experience. Follow these tips to maximize your chances at legendary winnings with proper expectations around the volatility.