It is no secret that online casino games have become quite a popular choice in recent years all around the world. One of the oldest casino games, slots, which was invented in 1894, has grown, changed, and developed into a variety of different game types over the years. Two of those slot types are real money slots and social slots.
There is a vast difference between the two, so let’s take a look at the difference between real money slots and social slot games.
Real Money Slots – Understanding What It Is
Real money slot games, also known as online slots, are digital versions of the classic slot machines found in traditional casinos. The fundamental concept remains the same – bettors play online slots by spinning the reels with the hope of landing winning combinations that will offer real money rewards.
What Makes Real Money Slots Different from Social Slots?
Besides entertainment, the main purpose of real money slots is to allow players to win actual money, this means players can bet real currency, and should they win, they can withdraw those winnings, or they can be used to continue placing bets. The thrill of real money slots comes from the potential of financial gain.
Playing real money slots also involves legal and regulatory considerations, as it often falls under gambling laws. Online casinos offering real money slots need to adhere to strict regulations, including age restrictions and responsible gambling measures.
While some online casinos may offer chat features or multiplayer options, the primary focus of real money slots is on the gambling aspect. Social interaction is often secondary to the gaming experience.
Real money slots are often available on dedicated online casino platforms, and players may need to be of legal gambling age to participate.
Where Slot Machines Began
A man named Charles Fey, who was a car mechanic, created the slot machine we all know today. The initial iteration of his slot machine featured a payout table, a substantial side handle, and a coin acceptor equipped with a unique mechanism designed to identify counterfeit nickels.
It incorporated three spinning reels, each adorned with five symbols: spades, diamonds, hearts, horseshoes, and the iconic Liberty Bell – hence, the origin of the machine’s name. Aligning three Liberty Bell symbols in a single spin resulted in a payout of ten nickels.
What You Should Know Before Playing Real Money Slot Machines
- Selecting the right platform: Picking the right online casino is vital. Seek reputable sites offering diverse slot games, secure payments, and a user-friendly interface. Ensure safety by reading reviews and checking licenses for an enjoyable gaming experience.
- Exploring diverse game varieties: Real-money slots come in diverse themes and styles, catering to different tastes. From classic three-reel to story-rich video slots, there’s a game for everyone. Players should explore varieties, trying new titles for a refreshing gaming experience.
- Grasping Bonus Features: Real money slots offer various bonuses like free spins and multipliers. Understanding these features enhances the excitement of gameplay, boosting potential winnings with wild symbols and bonus rounds.
- Setting a Budget: Responsible gaming is key when playing with real money. Set a budget for gaming sessions to maintain control over spending, ensuring entertainment without financial strain.
Social Slots – Understanding What It Is
Social slots are primarily designed for entertainment and social interaction. While players may use virtual currency including various cryptocurrencies to play, the winnings are usually in the form of in-game credits or virtual rewards.
What Makes Social Slots Different from Real Money Slots?
In social slots, any winnings are typically virtual and cannot be converted into real money. The rewards are often used within the game for additional play or to unlock features.
Since social slots don’t involve real money transactions or winnings that can be withdrawn, they often operate in a legal grey area. They are not considered traditional gambling, and regulations may be less stringent.
Social slots are designed to encourage social interaction among players. Many of these games are integrated with social media platforms, allowing players to share achievements, send gifts, or compete with friends.
Social slots are often more widely accessible and can be found on social media platforms or as standalone apps. They are generally open to a broader audience, including those who are not interested in traditional gambling.
What You Should Know Before Playing Social Slots
- Selecting the Right Social Platform: Choosing the correct social platform is key to an enjoyable social money slot experience. Look for platforms that not only offer a variety of slot games but also provide features for connecting with other players.
- Exploring Diverse Game Theme: Just like real money slots, social slots come in a plethora of themes and styles. From classic designs to modern and quirky themes, there’s a game for every taste. Dive into different varieties to find the ones that resonate with your style and enjoy the added bonus of sharing your gaming journey with others.
- Engage in Social Challenges: Many social money slot platforms incorporate social challenges and competitions. You can participate in tournaments, challenges, or collaborative events with fellow players, this not only adds excitement to your gameplay but also fosters a sense of community.
