Understanding Online Slots, Real Money
Online slots real money games are slot games played in online casinos for real money. You can get rewards and bonuses when you play online slots for real money at online casinos.
Choose whichever slot game you prefer and go ahead to win real money!
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| Free Spins | 200 Free Spins |
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| Bonus | 100% up to C$2000 |
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| Free Spins | 300 Free Spins |
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| Bonus | 100% up to C$1000 |
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| Free Spins | 200 Free Spins |
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What are Online Slots Real Money?
Online slots are slot machines with various slot games, difficulty levels and other special features. While traditional slot games are popular, the different elements of online slots for real money have given them an edge over conventional slot casinos in recent years.
Pros
- Easy to play. Playing slot casino games online requires no particular skill, talent or strategy. It is a game based on luck, and playing it online doesn't change that fact.
- Greater game varieties. While traditional casinos are restricted by physical space and time, online casino sites get to host a more significant number of games with regular updates and releases.
- Convenient and easily accessible. That means you and other gamblers can play your favourite slot games without queueing or waiting in line, play your favourite games at your convenience, and easily access the latest game updates.
- Personalization of games. Another distinct feature of online slots is that they give you more opportunities to personalize your gameplay. You can easily adjust the game settings to suit your gaming level and experience, with the bonus of being able to decide the number of reels, betting limits, reel speed and sound.
Cons
- Risk of Rogue Operators. This disadvantage is mainly due to the ease of access the internet provides. While there are legit online slot games, you should be careful to stick with verified and trusted sites and platforms.
- Payout Time. While online slots pay real money for winnings, you might need more time to cash in your winnings.
- Transaction Charges. Unlike in traditional slot games, where you won't need to pay a transaction fee to receive your winnings, you might be required to pay a charge or deduct the charges from your winnings.
The key to every online transaction, slots and casino included, is moderation. It would be best to visit only trusted sites to prevent fraud.
How do slots work?
Online slot games use a computer component referred to as the Random Number Generator (RNG) to create random numbers and/or symbol sequences.
Each time you hit the “spin” option, the RNG produces a different series of numbers.
Online casino games have no memory, so they do not keep a record of your wins and losses, so the outcome of your spins is determined in an instant based on mathematical algorithms communicated through the RNG.
Risks of Playing
- Choosing the wrong Casinos with faulty RNGs is risky in online slots for the real money industry. That is why you should stick with licensed casinos whenever you decide to play slot games online.
- More losses than wins. Since the games do not follow any particular strategy or mode of playing, and the outcomes are based on chance, you are at risk of incurring more losses than wins when playing.
- Addiction. Addiction is the most significant risk of playing slots online for money. It's easy to get addicted due to the hopes of making a win. The danger is that when you're addicted, you lose focus on other things and end up wasting money in hopes of winning.
Finding the best Online Slots Real Money Casinos
To minimize risks and make real money playing your favourite real money slots online, it is necessary to take your time to find the best casinos that let you play slots online and win real money.
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| Free Spins | 200 Free Spins |
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| Bonus | 100% up to C$2000 |
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| Free Spins | 300 Free Spins |
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| Bonus | 100% up to C$1000 |
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| Free Spins | 200 Free Spins |
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| Bonus | 100% up to C$1600 |
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| Bonus | 150% up to C$1500 |
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| Bonus | 100% up to C$500 |
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| Free Spins | 115 Free Spins |
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| Bonus | 150% up to C$750 |
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| Bonus | 100% up to C$1,000 |
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| Bonus | Up to C$1000 |
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| Free Spins | 200 Free Spins |
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| Bonus | Up to C$900 |
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| Free Spins | 225 Free Spins |
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How to choose the best Casinos
Below is a list of factors to consider before choosing a Casino to play online slots.
- Consider what you want. Think about what you're looking out for and the type of games you want to play. We advise that you consider one that offers a wide variety of slot games that piques your interest.
- Do thorough research. It would be best if you didn't rush to play despite the Casino offers many fun games. After all, you'll be spending your money. You should go ahead and make your findings on the customer support features, licensing, security and safety regulations, privacy policies and the Casino's payment and transaction options.
- Confirm the Casino's RTP and bonus offers. It should only be fair that you get to play a fair game that isn't filled with loops. So, before playing that online slot game, check the Casino's Return To Player (RTP) rates and the bonuses they offer. You could reach out to their customer support unit for confirmation.
Top Online Slots Real Money Casinos in Canada
In the table below are some of the most trusted Online Casinos that allow you to play casino slots online and win real money, and why they're on our list.
| Online Casino | Perks | Bonus Offered |
|---|---|---|
| Jackpot City | Best Return To Player Percentage | C$1,600+ 150 spins on sign-up |
| PlayOJO | Great variety of online slot games | 50 spins on sign-up |
| Spin Casino | Best Welcome bonus | C$2,000 on sign-up |
| Ruby Fortune | Best Video Slot Games | Up to C$750 on sign-up |
| MagicRed Casino | Various payment methods | C$1,200+ 50 spins |
Licensing and Regulations
Online casinos' guidelines and regulations are essential to ensure your safety, security and privacy as a user.
In Canada, gaming is only legal when regulated by the various provinces. This means that most provinces have their own licensing rules and regulations.
Here are a few licensing and regulating bodies that are in charge of regulating most Canadian online casinos.
- Malta Gaming Authority
- Kahnawake Gaming Commission
- eCommerce Online Gaming Regulation and Assurance (eCOGRA)
Because Canadian laws prohibit gambling, most online casinos get their licensing from regulatory commissions outside the country.
Malta Gaming Authority and eCOGRA are two regulatory commissions outside Canada.
Playing Online Slots for Real Money
Most online casino slots that pay real money offer fully functional and optimized mobile sites and, sometimes, downloadable apps. These features add to the ease of access to playing slots online for real money.
Due to varieties of devices, these online casino slot machines have made their sites and apps adaptable to various device types. That means you can now play your favourite slot games online for real money on your smartphone, tablet or PC, regardless of whether it runs with Apple iOS or Android.
Some games you can play include live baccarat, blackjack games with a live dealer available, other live dealer games, crap, progressive slots, roulette, etc.
| Bonus | 200% Bonus |
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| Free Spins | 200 Free Spins |
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| Bonus | 100% up to C$2000 |
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| Free Spins | 300 Free Spins |
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| Bonus | 100% up to C$1000 |
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| Free Spins | 200 Free Spins |
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Tips for Playing Online Slots for Real Money
If you've never played Canadian online casino slots for real money, you won't be aware of specific tips that will help you increase your chances of winning high.
Although online casino slot games are purely based on luck, without the need to know any particular strategy, the tips below will give you an edge over the RNGs that determine the game's outcome.
| Tip | Details |
| Play free slots | This tip helps you understand the game, especially newly released games and updates. This tip allows you to sample various games without spending any money. It also helps you to know the game rules and your odds of winning. |
| Regularly try out other games. | Trying out other games than your usual opens you up to various bonuses and features that give you more ways to win. |
| Never ignore the game's instructions or help section. | This tip will help you not to miss out on vital information about the games, like bonuses and jackpot opportunities. |
| Not setting a limit for yourself | Online casino slot games are addictive, so you must know your limits and set a limit for yourself. |
How to pick a suitable slot machine
| TIP | DETAILS |
| Choose machines with a higher Return To Player (RTP) Percentage | A high RTP percentage equals a high payout rate. That tells you that you have a higher rate of winning. |
| Research the machine's Volatility Rate | The volatility of an online slot machine game is the risk involved in playing a particular online slot for real money. High RTP+ low volatility= high chances of winning. |
How to manage your budget
It would be best to track how much you wager when playing real money online slot games. When playing to win real money online, you should take note of these points so you don't spend more and win less.
- Play only at Secure Online Casinos. That helps you secure the safety of your cards and money.
- Bet small on New Games. Make smaller wagers on the games you're not familiar with. This helps you erase the risk of betting high on low RTP games.
- Set Limits. Setting your time limit helps you manage your time playing online slot games. In addition, you should also set a Loss limit for yourself. A Loss limit allows you to note how much you lose in a day. That enables you to curb your waging excesses.
How to Maximize Your Chances Of Winning
- Choose your slot carefully.
- Know the rules of the game.
- Maximize free spins, bonuses and jackpot features.
- Don't go chasing losses.
- Create a betting budget for yourself, and set Limits.
- Know when to walk away.
- Don't include emotions when playing.
Strategies For Playing
There are a few strategies you should take note of when playing real online slot games. These strategies don't guarantee you win, but help increase your win rate.
Learning to play responsibly is an effective strategy that would help you manage your budget and not give online casino slots all your time. Learning to play responsibly also involves not playing under the influence of alcohol and not allowing your emotions to get the better of you while playing.
Also, don't be afraid to test the “free play” option on your online slot games. This strategy allows you to play your online slot game for free. This way, you can determine whether or not you have a chance of winning.
In addition, don't believe game myths. It is hazardous to think about the cliche of winning after so many losses. Online Slot games are random and do not follow any pattern.
Don't Exceed Your betting Limit.
It is important to emphasize this tip because it leads many people into debt. The key to this strategy is to never wager an amount you cannot afford to lose. The lesser you wager, the safer you are.
So, keep to that betting limit you set for yourself, so you won't spend more than you can afford to let go.
Know When to Quit
Knowing when to walk away is the best way not to exceed your betting limit. We advise that you learn to walk away after a Win. Also, setting a loss limit helps you to recognize the point at which you should turn back from playing that online slot game.
Top Five Online Slots With Highest RTP
Below, we list the top five high-quality Online slots for real money casinos in Canada that have the highest Return to Player (RTP)/payout rates in the entire industry.
| Online Slot | RTP |
|---|---|
| Guns n' Roses | 96.98% |
| Mega Fortune | 96.4% |
| Avalon ll | 97% |
| Thunderstruck ll | 96.65% |
| Wheel of Fortune | 96.6% |
Another notable mention is the Starburst slot. It is one of Canada's most popular slots for real money and was released by NetEnt in 2012. It is a 5-reel, 3-row video slot game with about 10 pay lines. Starburst slot for real money games has an RTP of about 96.1%.
Bonuses and Promotions for Online Slots Real Money
Every business needs customers, and to get these customers, most companies offer enticing bonuses and promotions to encourage people to patronize them. Online real-money casino slots are no different in this regard. To entice customers, these real online slots offer standard types of bonuses and promotions. The only difference is usually the exact value of the bonus.
| Bonus | 200% Bonus |
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| Free Spins | 200 Free Spins |
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| Bonus | 100% up to C$2000 |
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| Free Spins | 300 Free Spins |
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| Bonus | 100% up to C$1000 |
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| Free Spins | 200 Free Spins |
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Below are some of the most common bonuses and promotions that are offered to Canadian players when you play slots online for real money and the bonus features:
Types of Bonuses
- First-deposit bonus: The first deposit bonus is one of the most popular bonuses you will encounter at online casino slots for real money. The bonus is typically given to you after registering with the Casino and making your first deposit, i.e. the bonus is for new players. They are created to welcome (hence why they are also referred to as welcome bonuses or welcome offers) and come in cash rewards.
- No-Deposit bonus: The no-deposit bonus is an exciting perk most Canadian online slots of real money are adopting. The bonus enables you to play games and even win huge rewards with zero cash in your casino account. The no-deposit bonuses typically come in two forms; no-deposit money and free spins. Regardless of which one the online casino slots for real money offers, you can still play and get a bankroll.
- Device-Specific Bonuses: To encourage you and other players to play their mobile games or download the casino app, casinos with online slots can offer additional perks for users that play with some specific devices. For example, it is not uncommon to see online slots for real money that offer their customers bonuses when they play their games on Android or iOS devices.
- Monthly/Yearly Promotions and Bonuses: Even after luring users to their platforms, these casinos still try to make their customers loyal users of the platform by rewarding your loyalty with perks. The Casino could have a certain amount of free spins or bonus rounds to be given to each player per month, depending on how frequently they use the platform. Or they could also have a VIP membership for high rollers. This VIP membership tier typically grants you other advantages and rewards to which normal users aren't entitled.
- Reload Bonuses: This bonus is related to the first deposit bonus and will be typically given when you run out of your first deposit. Some online slots for real money in Canada have a multi-part bonus package that grants about 25 to 150% matched bonuses after you must have made your first deposit. Unfortunately, not all casinos/gambling sites offer this bonus.
- Cashback Bonuses: Another exciting and popular bonus amongst Canadian online casinos is the cashback bonus. Some Canadian online slots offer real money to pay back part of whatever you lose. That is what is called the cashback bonus. Although there are minor differences in the cashback percentage you get depending on your gaming activity, this bonus still helps you minimize your losses.
- Game-Specific Bonuses: Most online casino slots for real money also encourage players to play certain games they have available. To do that, they might give you more free spins, VIP points, etc. The only downside is that these bonuses are only granted to you when you play those games.
How To Find The Best Promotions
All casinos with online slots for real money have mouth-watering offers for their potential customers. So, it might be challenging to choose the best one, and you have the highest chance of using it to get real money.
The main thing you should note is to avoid offers that look too good to be true. So, while it might seem like the bonus is huge, you might later find out it isn't all that beneficial.
Finally, the most important trick to getting favourable bonuses and promotions is to choose casinos with huge bonuses and more minor wagering requirements. This maximizes your chance of actually winning some real cash.
Best Online Slots Real Money Casinos with Bonuses
To make your wish of finding casinos that have the best promotions and bonuses, we have, from our experience, compiled a list of the best real money casinos.
Here is a table highlighting some top-rated and the best real money online casinos with excellent promotions, their average ratings amongst other users like you, their payout rate and the amount of cash bonus they offer.
| Casino | Payout rate | Cash Bonus |
|---|---|---|
| TonyBet casino | 95.9% | C$1500 |
| All slots casino | 96.3% | C$1600 |
| Royal Vegas Online Casino | 97.4% | C$1200 |
| Jackpotcity Casino | 98.5% | C$1800 |
| Spin Casino | 97.8% | C$2000 |
Understanding the Terms and Conditions for The Bonuses
Despite how enticing those casino bonuses are, they do not come without a few strings attached. In the online slots for real money casino business, a concept called wagering requirements determines the amount you need to bet before withdrawing your first deposit or the bonus reward you have been given.
Each Casino has a wagering requirement, but they typically go from 20x to 50x your first deposit/bonus reward. That is why, earlier, we highlighted that you should look out for casinos with relatively low wagering requirements to get the best promotions and bonuses.
To better understand why this is important, here's an example. Suppose you were given an initial bonus of $50 in a casino with a wagering requirement of 10x. That means you would only have to bet up to $500 before converting the bonus into real money. Now, if the Casino had a wagering requirement of 50x instead, you would have to bet up to $2500 before turning the bonus reward into real money.
Apart from the wagering requirements, some Canadian online slot real money casinos will limit how much you can bet, the kind of real money casino games you can wager the bonus on, and even how long it should take you to clear the wagering requirements.
Conclusion and New Approaches to Online Slots Real Money
Most industries in the world have experienced significant changes in their modus operandi due to technology. Hence, it should be no surprise that the most innovative changes to online slots for real money casinos involve technological advancements. Below, we briefly highlight what we have found to be the most innovative ideas to hit the online slot industry.
- The Blockchain adoption: The new wave of blockchain ideas into sectors of the economy has not failed to affect the online slot industry. We have noticed that several casinos in Canada have begun to adopt blockchain technologies into their platform. And the number keeps growing daily.
Some of these casinos, for example, now allow you to deposit and make withdrawals in cryptocurrencies. That has led to an exponential increase in the speed of transactions with the Casino and more accurate transactions. Blockchain technology has also reduced the risk of manipulations in the bets and games you enjoy in online slots for real money casinos.
- VR and AR Gaming: In these times, you can now find and play online slot games in the comfort of your home. But the issue is that you do not get that highly immersive feeling from playing in a real casino with people around you. That is why we believe Virtual Reality and Augmented reality gaming are great for the betting world. This technology brings all the real-world experience of playing at a real casino to the interiors of your home.
| Bonus | 200% Bonus |
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| Free Spins | 200 Free Spins |
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| Bonus | 100% up to C$2000 |
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| Free Spins | 300 Free Spins |
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| Bonus | 100% up to C$1000 |
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| Free Spins | 200 Free Spins |
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Emerging Trends in Online Slots Real Money
Here are a few of the trends that we have noticed in the online slots real money market:
- Web and mobile gaming: Casinos have now noticed that their customers are increasingly finding it easier to play from their games and win prizes from their homes. Also, shifting to a web, mobile, and online platform allows casinos to save the cost of building a land-based casino. It's no surprise that there's been a trend toward this in the industry over the last five years. After all, why spend all that money building a land-based casino when you can have a mobile casino?
- Hold and Respin: Hold and respin is one of the fast-growing trends in the online slot industry. It is a bonus format that has become increasingly popular. The primary reason for its wide adoption by casinos all around Canada is that it has proven to be highly adaptable. Not only can this bonus format be used in basic bonus games, but online slot casinos can also utilize them in more complex bonus games with tremendous rewards.
Potential future developments in the Online Slots Real Money industryο»Ώ
You should expect even more changes in the online slot real money industry in the coming years. Due to the security, anonymity, and speed of transactions bitcoin and other cryptocurrencies offer, there will be even more adoptions of blockchain technology.
Also, land-based casinos we expect to decline rapidly over the years. With your mobile devices and a stable and secure internet connection, you can now enjoy almost all the games and rewards offered in land-based live casinos in Canada.
So, more casinos are realizing the possible advantages and creating mobile and web applications for their clients to use and enjoy.
FAQ
Yes, real slots online are generally safe. Although some tricksters try to tweak their random number generators into favouring the house, they are usually quickly banned by the gambling regulatory bodies in the country.Β
After you play slots online and win real money, you can withdraw your winnings from the Casino through any available payment options. Most online slots real money casinos in Canada has various payment options you can choose from. These banking methods include credit cards, debit cards, Paypal, and e-wallets like Skrill.
There are no significant regulations for real slots online in Canada that differ from the usual ones worldwide.
You must be at least 18 (in some areas, 19) before being permitted to play casino slots online for real money in most of the states in Canada.
Sources
Lars WahlstrΓΆm is a recognized leader in the iGaming industry, with over 20 years of experience from both the tech side and an operator. He's now CEO and Publisher at ARGO Gaming Group, the company behind Casinoclaw.
Games and gambling has been an interest of Lars' since early years and besides slots and casino, he's also into poker, sports betting and trotting.
All this experience is drawn upon when he writes, and we dare say he's one of the best casino writers out there. Lars' base is the ARGO HQ and Stockholm office, but he travels a lot and often participates in industry trade shows and panels. To get in contact with Lars, use our contact page or message him directly on LinkedIn or Twitter.
