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What Is ‘Real Money’ When Playing Slot Games Online?

Confused about where to find real money slots or free to play slots? We take a look at both so you know what you are getting when you are spinning.

Updated Feb 24th, 2021
What Are Real Money Slots? - Explained
What Are Real Money Slots? - Explained
18+

If you’re playing slot games at an online casino for the first time then it is likely that you will come across a lot of slot terminology that you don’t understand.

Whilst this isn’t necessarily a problem and you can definitely play slot games without really knowing what all this jargon means, you might be intrigued by some terms you see.

Due to the fact that many people are drawn to slot games with the hope of winning big, one slot term that intrigues a lot of new online slot players is; ‘real money slots’.

You will see this used a lot when you’re navigating through the many different online casinos and the thousands of games that they offer. So, to help anyone who is wanting to learn more about real money slots, below we have gone over the basics.

What are real money slots?

This term is actually really straightforward and real money slots are exactly what you would predict from their name, they are slots that you can play to win real money.

Essentially, these are games that when you win, you can withdraw money (in line with the wagering requirements, of course) and spend this however you’d like.

In turn, you are also spending real money to play. You will have to deposit money at a casino and put real money in the machine to potentially win real money back.

Playing slots online for ‘real money’ is pretty much the same as playing slot games at land-based casinos.

A Popular Real Money Slot - Starburst by NetEnt
A Popular Real Money Slot - Starburst by NetEnt

So, aren’t all slots ‘real money slots’?

Understandably, you may now be really confused as you likely thought that all slot games were ‘real money slots’ but this isn’t actually the case.

You may come across some online casinos where you can sometimes play slot games for free. There is no catch with this, they are completely free for you to play, usually in demo mode.

However, because they are free, you can’t actually win any real money by playing them. So, essentially, they are games that you will just play for fun and without the pressure of having any money on the line.

Nowadays, it isn’t uncommon for lots of software developers to provide free versions of their games for people to play as and when they want to. You can still have an enjoyable gaming experience or test the game to see if you like it before you play.

However, whilst playing solely for fun can be great, many want the thrill of playing with the chance to win some money, so real money slots do tend to be more popular.

Is it possible to play real money slots for free?

The short answer to this question is yes.

But it isn’t always as easy as simply playing a real money slot and then being able to withdraw your winnings, without having to drop a dime. This really would be amazing, it just doesn’t happen at an online casino.

If you want that, you’ll need to download the free slots apps games where you just play for free but with no winnings and no possibility of winnings. These are social gaming apps, and much like Candy Crush, you play for the love of the game and nothing else.

But we play at casinos because, ultimately, even if we like to play slots for free, we like the option to be able to play real-money slots once we find one we like.

Play casino slots free bonuses

You will find that some real money casinos offer their online player’s different bonuses.

Sometimes, these casino bonuses will enable you to play slot games without actually having to bet any of your own money: usually as free spin bonuses or no deposit bonuses.

Whether you’re using free spins or a no deposit bonus, for example, and you can potentially withdraw the money that you win on a slot game when doing so.

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It’s not free. Not exactly. You have to give your email and your mobile number. It’s a way for casinos to get you in and let you get a free taste of what you might get.

And if you do win something, you will rarely be able to withdraw the money straight away.

What to watch for when taking a casino bonus

If you’re new to playing slot games then it is incredibly important to learn a little bit more about casino bonuses before you start accepting them.

Unfortunately, they aren’t always as all good as they may sound. Depending on their wagering requirements, you may have played the amount you’ve won a certain number of times before you can withdraw.

It’s why we built a casino bonus calculator so you know how to work out your odds of walking away with something. Mostly we tell gamblers that these bonuses are just like free to play slots – a way to test out the machines and the casino, but you will rarely get to walk away with something.

It’s not all doom and gloom:

That being said, there are some brilliant online casino bonuses offered on real money slots, so if you find one that you like the look of even after reading the terms and conditions, then it does give you that thrill of winning big. It only takes one spin after all.

And if you can, find a casino that gives some free spin bonuses without any wagering requirement – like Rizk Casino for example.

Then you’ll be able to withdraw anything you win from your free spins immediately or continue to play real money slots only with real money and not bonus money.

Finding the best real money slots to play

Hopefully, you will now know a little bit more about what ‘real money’ is when you’re playing slot games and you can ensure that you’re not accidentally playing games that don’t actually offer you the financial reward you were hoping for.

When you’re wanting to play real money slots, be sure to check out the rest of our Lucky Mobile Slots website.

If you’re new to slot games then you will definitely benefit from the information on our website. Not only do we have a handy slot FAQs covering all of the basics, but we have also reviewed numerous online and mobile casinos as well as the thousands of games on offer.

We can tell you everything you need to know about a slot game before you start playing, so feel free to browse through our site today or take a look at our recommended online casino below and take a few spins on some of their games.

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