Guide to Finding the Top Real Money Casinos for Online Slots Games in 2023

Our ultimate guide to The Best Real Money Casinos for Online Slots takes you through an extensive list that was ranked and reviewed by our top professionals. These casinos are guaranteed to be the most suitable for real money slot games. Our guide also includes tips and tricks on playing different slot variants, such as Video Slots, Live Slots, Classic Slots, Progressive Slots and so much more.

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Slots
Welcome to the world of online slots. This guide will teach you all you need to know about casino slots, from basic terms and game rules to useful tips and tricks. Discover different types of slots, from classic games over Megaways titles to progressive jackpots and learn about various symbol types, bonus features, and more. Play the best slot games for free and find the best casinos online featuring real money slots, ranked and reviewed by our expert team.

Overview

Slots have been among the most popular casino games for many years, and as the world of gambling evolves slots have changed to accommodate the different desires of the players. People have been intrigued by slots from the creation of the very first gambling machines and their popularity has only increased over time. It’s not an exaggeration to say that slots are the greatest invention the gambling world has ever witnessed.

Slots appeal to all types of players that enter the casino, from complete newbies to professional gamblers there is always something exciting and new to discover. The entertaining graphics with a wide variety of winning opportunities, the simplicity of the game, and the fact that you can play for kr2000 or for higher stakes make it a delightful game that can be played for hours. It doesn’t matter if it’s your first time playing or if you know your way around the machines, there is such a huge variety of Icelandic online casinos that everyone will find something exciting.

The Appeal of Real Money Slots

There is a reason why real money slots have gained and maintained all their popularity with players over the years - they are easy to access for everyone all over the world. Unlike other games where you need to know rules and some basic strategies to play the game effectively, slots lets you have fun automatically with just the push of a button.

Because there is no strategy involved, every player who simply deposits and presses spin on their machine has just as much a chance of winning as someone who has been playing slots for years. Winning or losing any money comes down to pure luck in this case.

The simplicity of the game is just one of the reasons why slots are so popular. Not only are they easy for everyone, but they are also visually pleasing and can provide hours of entertainment. The ease of playing and all the intriguing features and bonus games makes modern-day real money slot machines similar to a video game that attracts all sorts of players.

Another thing that makes slots so special in comparison to other casino games, is the fact that players can spend only a little bit of money and still have a chance of winning a fortune. Someone can simply deposit kr1000 or kr2000 and easily go home with double or even triple that amount. In other games such as roulette or blackjack players can rarely bet so little because there are betting limits that are higher, and maximum winnings are usually capped in these games.

How Does It Really Work: The Secret Mechanics of Real Money Slots

Slot games are designed to draw players in with their bright and colorful animations, often times choosing a theme to expand on and creating funny or cute characters to keep players entertained for hours. All these aspects of slots are referred to as “eye candy” in the industry because they keep a player wanting more. Although these things keep the game aesthetically pleasing, the part that's critical to your winnings is deep within the machine chip itself. 

Most real money slots found at Icelandic online casinos use an algorithm known as the Random Number Generator, or RNG. This algorithm is a piece of code within the slots that runs behind the scenes while you are playing, and that decides what numbers are to fall when you press spin. The RNG simply chooses a random assortment of symbols to be thrown up when the reels are spun, and there is no bias based on what numbers were spun before or how long ago the last jackpot was hit.

Because slot games use a Random Number Generator, there is no skill needed to play. Although it’s fun to sometimes stop the reels before they finish on their own, the outcome of that spin is decided once you press the button. It may be satisfying when you “catch” that third scatter yourself, but that result was predetermined and you had no influence on the outcome.

RTP, Fairness, and Volatility

All players who have played slots before and haven’t had the best luck, have wondered - are these games truly unbiased and random? What’s stopping the casino from making games that make sure I lose my money? Does the software keep track o past spins to make sure no one walks away with too much money?

These things however can never happen when playing through reputable providers and online casinos available to Icelandic players. Regulatory and licensing organizations, like the Malta Gambling Authority, for example, exist to regularly make sure games offered by casinos are in line with the rules of the game, and that nothing suspicious is occurring. Additionally, casinos randomly hire independent testing agencies like eCOGRA to test how random and fair their games are.

RTP, or “Return to Player”, is often used in reference to casino slots. It is usually expressed as a percentage and refers to the amount of money a player can expect to win from any particular game.

Casino games all have some house advantage, and slots are no different. A small percentage goes to the house while the rest goes towards RTP. Let's say a slot has a 95% RTP - this means that if you were to put in kr10000, you would get back kr9500. These percentages are calculated based on the average of millions of spins, so one player cant expect to play with kr10000 and think they will be guaranteed kr9500 back - sometimes it's more, and sometimes it's less.

Although the RTP is a fixed percentage for each slots game, different games will throw out these rewards at different times. Some games give their players a small amount of money every few spins, whereas other games might just pay huge in one spin out of hundreds. Over time the RTP is the same, but the frequency of wins is referred to as the volatility of the slots. A high volatility slot is one in which you could spin 99 times and get nothing, then finally strike big on the hundredth spin. Lower volatility slots let you play longer on a smaller bankroll, but you’re not as likely to get one particular spin with a huge win.

Types of Real Money Slot Games: From Classic Slots to Megaways Slots

Original slot machines started back in 1894 with a very basic premise: three spinning reels with a single payline down the middle that wasn’t nearly as exciting as what we have today. Although players still loved to play slots, the excitement for the game grew as it developed. 

Over the years the game attracted more and more excitement as it advanced with more ways to win. The number of paylines slowly increased from one to three to five, until finally there were ten paylines that offered so many opportunities for a win.

As technology developed and video slots were introduced into the world of casinos, game designers were given the opportunity to make games with more and more paylines. Today, real money slots exist with 20, 25, 40, 50, and even 100 pay lines.

Transforming Slots With Ways to Win and Megaways

Classic 3x5 slots have provided entertainment for players for years, but there are only a certain amount of paylines that could get them a win. As players desired something more and more entertaining and lucrative, developers came up with the idea of “ways to win” which revolutionized the standard slots. “Ways to win” slots allow people to win some money as long as matching symbols are adjacent to one another on the reels from left to right (and sometimes right to left).

When calculated, there are 243 possible paylines in a standard 3x5 reel (3x3x3x3x3). Icelandic players have a plethora of 243-way real money slots open to them from just the push of a button. These revolutionary games that transformed the gambling industry when they were first introduced can now be accessed by players online anywhere they wish.

Over time, players got accustomed to the gambling industry constantly changing, and the slots with 243 paylines and 1024 ways to win lost their excitement - it was time to develop something better and new. To keep slots thrilling, game developers introduced the idea of “mega ways”, in which the number of symbols in each reel changes randomly with each spin, giving players many more ways to win than traditional slots. Today, there are some real money slots with hundreds of thousands of ways to win, making slots all the more exhilarating.

Real Money Slots and Bonus Features

Paylines and ways to win aren’t the only things keeping real money slots entertaining - the different bonus features available can delight players for hours. You can win some money spinning on the base game, but the bonus features offer the most potential for large wins and players look forward to getting a bonus with every spin.

The three different types of bonus features typically available on real money slots are:

  • Pick and click bonuses
  • Free spin bonuses
  • Sticky or expanding wilds

However, these aren’t the only bonus features available, and sometimes features can be combined to make playing twice as compelling. Of all the bonuses, free spins have been around the longest and are generally the most popular feature on real money slots. They will often be combined with specials like:

  • Extra wild symbols
  • Win multipliers (fixed or increasing)
  • Additional expanding symbols
  • Mystery symbols

The free spin bonuses are started when a player lands on special symbols called “scatters” that activate a special feature when they land in any position on the reels - hence their name. Scatter symbols are designed to stick out in comparison to the other symbols you see.

Pick and click bonuses are self-explanatory: players get an option to choose between different options and they have to click on one or multiple of them to reveal their awards. These bonuses can include free spins, multipliers, credits, and more.

Sticky and expanding wilds are available to players in the base game but can also be unlocked within other bonus features. The wild symbols on a reel can replace any other symbol but scatters to form winning combinations. They can either remain in place on the reel (remain sticky) and be useful for future spins, or they can expand to cover more spots.

Picturesque Themes of Modern Slot Games 

Back in the day when real money slots first originated the designs were relatively minimal, but in the past years things have changed drastically. Nowadays, Icelandic players can find slots with all types of themes imaginable - from pop culture references, to fairytales, to favorite books and movies, and so much more.

Developers have learned that it isn't just the winnings that keep players coming back for more, but it's the whole entertainment package that slots have to offer. Many players are just as intrigued by the storyline and the themes as they are in the actual game. That’s why developers have created so many games based on movies and tv shows people know and love such as Highlander, Robocop, The Wizard of Oz, Terminator, Sleeping Beauty and so many more.

As technologies developed throughout the years, designers tweaked games to make them just that much more thrilling, with special animations and sound effects to add to the experience of the game. The fact that players can sit behind a slot for hours and remain fully immersed in the captivating story, the thrilling bonuses, and the rewards show that modern-day real money slots are much more than some cheap and quick way to earn an extra buck - they are a whole experience that players will know and love for many years to come.

Wagering Options

One of the easiest online casino games available for players are real money slots. Although little skill is necessary, there are still things players need to be wary of when playing such as different settings and features to make sure they arent wasting money and are getting the most out of their time.

Choosing paylines: Classic slot machines let their players decide on how many paylines they wish to bet on. The more playlines you bet on, the more chances you have at winning.

Choose your price: Before you start to play, you will need to specify a bet value, or the specific amount you want to wager for each payline. For example, if you choose a coin size of kr100 for ten paylines, then you’re betting kr1000 for each spin. If you want to make your bankroll last longer, it's smarter to choose a smaller coin size rather than a smaller number of paylines.

Buy Features: In addition to being able to acquire bonus features throughout the game, players can also buy this feature rather than waiting for it to come to them. It can be quite costly depending on the feature, with some being up to 100 times more than your bet to trigger. Because of this, it isn’t highly recommended.

Gamble features: This feature allows you to gamble on your slot winnings by taking part in a side game where you either guess the next card or toss a coin. This is enticing because you could potentially double your wager, it’s smarter to keep your money and use it to play more spins.

Jackpot max bets: Some slots allow players to play in-game jackpots and progressive jackpots in which they can increase the probability of getting the jackpot if they place max bets. The terms and conditions of the specific game will outline the rules and from there you can decide if this is for you.

Multi-reel bets: There are several slot games that allow players to play multiple reels simultaneously. This gives you the opportunity to double the bet settings on all the reels or place particular bets on every reel.

Auto Play: Autoplay is ideal for players who spend a good amount of time in one session at their reel and don’t want to manually trigger each spin. With Autoplay, you can specify how much can be lost, weather or not the game should stop at the bonuses, and more. 

Slots created today are designed to make all these features easy to access and understand for every player who sits behind a machine (either virtually or physically). Always make sure to check the bet settings on the slot before hitting spin, because if you aren’t careful bankroll can deplete faster than you anticipated.


Reasons to Play Online Slots

Real money online slots are easily one of the cornerstones of the modern-day gambling industry. Millions of people a day are attracted to the simplicity of the mechanics, along with the artistic value of the game - making them come back for more time and time again.

Below are a few reasons why you should play real money online slots:

Easy to use - Online slots are easy to play, and no skill is required to start - the result of your spin is based purely on luck. You simply place your wager, spin the reels, and wait for the outcome. It's simple and fun for everyone. 

Large selection of themes - Online slots offer so many different theme options for players that everyone is bound to find one that appeals to them. From all the different soundtracks, to styles, to bonus features, to pop culture favorites, there is a great selection to choose from.

Amazing jackpot potential - Jackpot slots give players the chance to take their chances on large jackpots. These jackpots can range vastly from 1000 times in different jackpot games to a $C1 million seed jackpot that progressive jackpots like Mega Moolah offer.

Plenty of Bonuses - Real money slots keep people coming back to them over and over again because they offer extra bonus features that entertain and excite players. They can win anything from bonus credit to free spins and more.

Icelandic players choose to spend their time playing online slots as it allows them to enjoy the most entertaining and fascinating games that online gambling has to offer just with a click of a button.

 

Tips

Although there is no strategy necessary to play slots because it is all completely up to chance, there are still some measures you can take to make sure your experience is worthwhile.

Where to Start

Online slots provide players with hours worth of entertainment at their online casino of choice. The game provide a huge variety of themes to choose from that each have unique bonuses and features - making them the centerpiece of most casinos around the world.

1 Know the ins and outs of the game before wagering real money

It’s essential to know how slots work before risking your hard earned money. To familiarize yourself with the game its important to learn the paytable for the game you want to play, and to understand how the bonus features function before you start.

2 Learn the influence of volatility

The frequency of wins is referred to as the volatility of the slots. A high volatility slot is one in which you could spin 99 times and get nothing, then finally strike big on the hundredth spin. Lower volatility slots let you play longer on a smaller bankroll, but you’re not as likely to get one particular spin with a huge win.

3 Learn the impact of RTP on gameplay

RTP, or “return to player” is the percentage of a wager that the player can expect to have returned back to them, on average. This term can be interchanged with the term “house edge” which refers to the percentage of a wager that the machine takes in the long run. Referring to something with an RTP of 95% is the same as saying there is a house edge of 5%.

4 Choose from respected game developers

It’s always important to play real money slot games from a reputal source, because those developers follow requirements that are established by international gambling regulators. This ensures that you have a fair and secure experience playing.

5 Pick an online casino that gives you a significant slots bonus

Because slots are so popular amongst players of all ages and casino experiences, online casinos will try to lure you in by offering bonuses. By choosing the right online casino for you, you can find one great bonuses and low wagering requirements for a great experience.

Free vs Real Money

Slots have been among the most popular type of casino games for many years, and the wide range of available themes, bonuses, features, and jackpots just keeps drawing more and more players to the game. If you wish to advance from playing free play games to real money slots, follow these tips.

Free Slots Real Money Slots
Most suitable for new players Chosen by more proficient players
Constantly entertaining gameplay Amazing entertainment value
Can’t win real money Presents the potential for progressive jackpots
Can’t access real money bonuses Huge variety of casino bonuses and features
Important Terms

The wide variety of slot games available today from all kinds of developers has allowed for the evolution of quite a large range of unique lingo. Our useful real money slots glossary defines these terms and features just for you.

Slots Glossary

Types of Slots

Discover the different types and vartiations of online slots

Classic Slots

Classic slots are the ancestors of the online games we know and love today. These slots are easily recognizable with their 1-3 paylines, their lack of bonus features, and their classic symbols such as the lemon, cherry, bell, and BAR.

Fruit Machines

Fruit machines are the British spin on the classic slots. These games were found in UK restaurants and pubs by players who would win tokens they exchanged for prizes. Because of the nature of their game, they developed the nickname AWP or amusements with prizes.

Video Slots

The most well-known type of real money online slots available to players today are video slots. This type of slots offer numerous paylines, many bonus features, varying coin sizes, and a plethora of themes players can choose from.

3D Slots

This upgrade from the basic video slots includes all the amazing features that video slots have, just with stunning 3D graphics that add another layer of excitement to the game. All the bonus features and in-game animations are transformed to another level.

Virtual Reality Slots

Most recently, developers have been playing around with the idea of integrating virtual reality technologies into the world of online casinos. By using a virtual reality headset and controls, players can enter a virtual casino that allows them to spin reels - making them feel like they’re in Las Vegas from the comfort of their own home.

Megaways Slots

Megaways slots are ones in which the number of symbols in each reel changes randomly with each spin, giving players many more ways to win than traditional slots. The more playlines a game has to offer the better, and today some real money slots exist with hundreds of thousands of ways to win, making slots all the more exhilarating.

Progressive Jackpots Slots

Progressive jackpot slots allow players to play for large jackpot pools online, by taking a small amount of the bet you make and putting it in a jackpot prize. Some companies such as Mega Moolah offer a seed jackpot of kr100 million.

Jackpot Slots

Jackpot slots are very similar to progressive slots, with the only difference between them being that in jackpot slots the pot is based on a multiple of the players' wager rather than on the players' spins themselves. Most of the time the maximum payout is 1000 times the original stake.

Live Slots

Live slots are games in which every one of your spins is part of a live real-time experience that is streamed to your device. They are very similar to regular online slot games, but this different aspect of them makes them more realistic and exciting. Sometimes live slots will have presenters and the possibility to interact with other players during the game.

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FAQ

It depends on what your definition of ‘better’ is. If you want to be entertained for hours and don’t want to risk a large chunk of money in a short amount of time, slots are the perfect game for you - much better than games like roulette or blackjack.

Slots offer players the ability to win big or small, depending on how much they wager. Generally, slots offer you the ability to win 100x or even 1000x your original stakes.

RTP, or “Return to Player”, is usually expressed as a percentage and refers to the amount of money a player can expect to win from any particular game. Let's say a slot has a 95% RTP - this means that for every kr10000 deposited, it will give back kr9500 over time.

There is no one best game to play, as there are hundreds of thousands of options to choose from. Your idea of the best game all depends on what features you find the most entertaining and what you are looking for out of the game.

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