In this article, we will try to get to the bottom of how much money is needed to play crypto slots. Such information is necessary for those players who are constantly looking for the best Bitcoin slots sites in 2023 and playing there. You can use the bonuses to start winning. But, you need to keep in mind that there are requirements for bonus funds. To become more successful in cryptocurrency gambling you need to train your discipline.
A good quality will also be how well you understand the mechanics of crypto slots and their main features. This is necessary so that you can select good games and thus increase your chances of winning. Of course, this will not give you 100% winning sessions, but you will significantly reduce your losing sessions.
Volatility in Slots Sets the Minimum Number of Bets
The question now arises as to how much money is needed for each slot. The developers do not lay down a parameter such as the number of bets to win. But, based on the experience of many players, we have done the research and can give you the answer, which lies in the approximate values. We have also researched Ethereum casinos to provide you with more detailed alternative options to play Bitcoin slots.
You probably already know that all Bitcoin slots can be divided into three categories:
- Low Volatility
- High Volatility
- Medium Volatility.
When we talk about Low Volatility, we mean slots that are not suitable for everyone. You could say that these are games for amateurs. The point is that they have rather low maximum winnings of up to x2,500. That’s a disadvantage, of course, because players want more. But, there is a positive side-such crypto slot bring winnings much more often. In this case, you can get by with a minimum deposit, which is enough for 25-50 minimum bets. This will be enough to play to your heart’s content and get a few winnings.
In slots with High Volatility, the opposite is true. In the case of winnings, you can get an astronomical multiplier of up to x50,000 on your line bet. But, such winnings have to wait quite a long time. How does it affect the balance? To get a tangible win you need to have a margin of safety that ensures you don’t lose for 100, 200 or even 300 spins. That’s how many bets you have to make. Such amounts are not finite, because these are high-risk slots and you need to understand that a sufficient infusion of cryptocurrency will be required.
Medium Volatility allows you to be in the middle. Often you can get multipliers of up to x2,500. But, there are larger winnings as well. As for the frequency of winnings, they are in the middle between Low and High Volatility. To start playing such Bitcoin slots, you need to have at least 100 minimum bets in your account.
How do I Define Volatility?
Looking at the core of the problem, volatility itself is a rather arbitrary designation that cannot be measured accurately. But, there are still several proxies that can help you determine this:
- First, the easiest way, where you need to view information about the selected slot is on the developer’s website
- You can also perform 100-200 spins and identify volatility by the following characteristics
- Look at the paytable for the maximum winnings and then see what level of volatility they refer to.
We advise you to try playing all slot versions on the 7bit casino website. Our tips will help you determine roughly or exactly how much volatility a particular game has. And then, based on your research, you can determine how much cash you need for Bitcoin slots.