Slot games depend on revealing certain combinations of symbols in order to trigger differing amounts of payouts. Usually, payouts can be achieved through connecting 3 or more symbols on a “pay line” achieved across different amounts of reels (columns) and lines (rows). Most Ethereum slots have anywhere between 5 and 50 lines, though some are capable of having far more.
There are a few basic categories of Ethereum slots, which we will briefly describe here:
Slots probably require the least amount of knowledge about how the game functions in order to play them. It is as simple as pressing the “Spin” or “Play” button after loading the game, which makes them all the more attractive to casual gamblers who wouldn’t mind stumbling across a massive payout. Having said that, there are a few basic things to be aware of before getting started playing.
First of all, you need to decide what level of risk you want to take. This can be calculated in 2 ways: variance and bet size. Slots with a low variance tend to be more consistent with both losses and wins being relatively small.
Slots with high variance can yield giant but irregular payouts, meaning you will have to play them for longer in order to encounter a big win. The variance level of many slots can be found by performing a Google search for the slot game along with the word “variance”.
You’ll also want to keep an eye on your bet size relative to the amount of your deposit. Some slots have the default bet size set relatively high, maybe $1 worth of ETH or more. Be sure to experiment with adjusting the bet size before making a spin in order to find the amount suitable for you.
It’s also not a bad idea to reference the price of each bet in terms of USD (or your local currency) so you can get an idea of how much you are betting with each spin. For example, at today’s prices, a total bet size of 0.001 ETH (also known as 1 mETH) would be about $0.25.
Since gambling with Ethereum is truly random and there always exists a house edge (casino operators need to make a living, after all), it’s impossible to develop a strategy that will guarantee winnings after every session. However, it is possible to employ certain strategies in order to minimize your losses. Some of these include:
Because Ethereum has been around for over 5 years now, our crypto casino accepts it as a deposit option. Apart from some Bitcoin-only operations, Winz.io casino accepts ETH as a deposit option. Just check to make sure the casino supports ETH before registering with it.
Furthermore, on Winz.io you can play slot games with different altcoins:
PROS | CONS |
---|---|
Very fast confirmation times (about 12 seconds, compared to BTC’s 10 minutes), which make for quick deposits and withdrawals. | Not as widely accepted among online casinos as BTC. |
Relatively cheap transaction fees (fees have gone up a bit recently but they are still on average cheaper than those for BTC transactions). | Not as widely accepted among online casinos as BTC. |
Huge selection of slots games availability as nearly all slots that can be played for BTC can also be played for ETH. | ETH prices are highly volatile (price can swing heavily during the course of gameplay). |
As mentioned above, almost all slots games that can be played using Bitcoin can also be played using Ethereum. For example, the following top casino game software developers support ETH versions of their most popular titles:
Earlier we mentioned some tips on how to minimize your losses, but ultimately, playing slots with ETH should be a fun, recreational type of activity, and you should play whatever games you find to be the most stimulating.
Each software provider has a unique style to them, meaning if you like one game by them, you might like others, and it’s a good idea to try several different providers out. This makes it easier to find a slot more comfortable for you and suited to your tastes.
Each slot has unique characteristics, such as different “wild” or “scatter” symbols, different bonus games, and different ways to win free spins. Some slots also have a “gamble” option that allows you to double your winnings by correctly completing a bonus game.
Also, just about every slot has an “autoplay” feature that will automate the spinning portion of the game. This can be activated if you would rather not have to click a button for every spin.
While it’s important for a casino to have a good selection of slots and an easy-to-use interface, it is most important that they be a trustworthy operation. You’ll definitely want to find a casino that has a good reputation with the community before depositing your coins there.
There are a number of trustworthy cryptocurrency exchanges that sell ETH for fiat currency (USD, EUR, RUB, etc.) or BTC; some of which include Coinbase, Binance, Huobi, OKEx, HitBTC, and Bitfinex.
Most certainly. Pretty much every crypto casino that offers a deposit or bonus in BTC will offer the equivalent bonus in terms of ETH. Just make sure that you activate the bonus before making your first deposit.
For most purposes, yes. The Ethereum network is backed by more hash power than any other altcoin, meaning its network is very secure and there is little to no risk of the network collapsing or getting hacked.
Out of the thousands of online casino slots titles currently available, only a relative handful do not accept ETH. These are also the same titles that don’t accept Bitcoin or other cryptocurrencies as well (fiat only slots titles), which means that basically any slots game that accepts BTC will also accept ETH, so long as you are playing at a casino that supports ETH as a deposit option.