How To Play Penny Slots At Casino
When you first hear the words “penny slots”, you immediately think of classic slots and penny slot machines in land-based casinos. Online penny slots got their name because players could bet as low as one penny per spin. This way you could play for a long time without investing a big chunk of money in the slot.
- According to the Nevada Gaming Control Board (NGCB), casinos in the Silver State won $6.3 billion from slot players during 2017. Of that amount, $3.17 percent – or a hair more than half – was claimed by the penny slots.
- One type of casino slot you’ll find pretty much everywhere, from your local casino to the Las Vegas Strip, is penny slots. By betting such a small amount of money, you might think the payouts.
Modern penny slots are online slots that allow low stakes and thus are more affordable from an initial investment point of view. So the penny slots are ideal for Canadian players who are only starting out and don’t want to take too many risks.
3) Play Slot Machines with Multiple Bonuses! In addition to penny slot jackpots, many penny slot machines offer a variety of bonus games that are built into the theme. To win penny slots, look for. Go to a licensed casino with a large selection of slot machines on its gaming floor. Sit at one slot and put your money in the machine. Some machines work only with paper notes; others work with coins only. Penny slots are suitable for those players who are not ready to make big bets but want to play longer by making small bets. At the same time, they still have a chance to hit the jackpot and get a large amount.
If you find yourself in this category, feel free to play some penny slots and give them a try for real money when you feel comfortable.
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How To Play Penny Slots
Top Casinos to play Penny Slots Online
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How to play Penny Slot Games
Penny slots are slot machines that can be played for low stakes. This way you can play one penny per pay line and you won’t take any big risks.
The playing process is virtually the same as if you played any other slot games, only the stakes are different. Depending on the type of slot, you’ll have to choose a stake and a level and push the Spin button.
Tips to help you win big on penny slots
Many gamblers associate penny slots with ‘low risk and low reward’ gameplay. We don’t mean to be crude, but those gamblers are completely wrong. Employ the right strategy while hitting up the low stake games and you can keep your risk minimal while increasing your chances of a big pay-out.
Of course, not every penny slot strategy that is printed on the internet is a good one. Some are fact and some are fiction, so thankfully for you, we are here to share three simple tips which should increase your chances of winning big.
1. Get a game with a progressive jackpot
Not every penny slot game is created equally! Whether online or offline, it’s important to have your wits about you when choosing a low stake slot machine.
A key question you should be wary of when picking your game is “does this penny slot have a progressive jackpot?” If the answer is “no”, then move on – you are reducing the ways you can win – find a game with a progressive jackpot that will continue to grow while you’re playing. That way you have an extra chance of turning your pennies into a fortune.
2. Multiple types of bonuses are your friend
There are certain games that have free spins, special bonuses and hidden rounds built into them. Surely logic insists that these games are the ones to go for when picking a free penny slot; they’ll be more fun and you have more variety in your gameplay too. Also, free extra spins translate to extra chances to win big.
3. Betting maximum lines is the answer
There are many bonus features that will only be activated if you are betting the maximum bet and the good news is that on a penny slot, the maximum bet will be a relatively low cost to you. Obviously, you may spend a little more than you initially planned, but you’re also giving yourself a chance to win a lot more!
Best Penny Slot Machines
If you play in land-based casinos in Canada, the UK or any other country, there are probably some penny slots still left. Most of them have jackpots attached and that’s the main reason why many players still play them. The first thing that comes to mind is some old granny with a bucket full of pennies playing the one-arm bandits. Modern video slot games require bigger bets because of the bigger number of pay lines. The bets will be bigger but the payouts will also be bigger in return.
There are a lot of great free penny slot machines online which you can try, regardless if you want to play with one pay line or with all pay lines active. One of the most popular slots by Microgaming is Break Da Bank Again. This is a simple 9 pay line slot which you can try with one pay line active. If one gets lucky, he/she can still win big in the bonus round thanks to the x25 multiplier.
Net Entertainment also has this game in their offer by the name of Reel Steel. The slot has the same features and the same payouts. If you want you can try out these two penny slots and see which one you like more. Even with one penny per spin, you can still win big in the bonus round.
Penny Slots FAQ
How do penny slots work?
Penny slots – slot machines with denominations from 1 cent (“penny”) all the way up to $100.00 or more per credit. They are the best way to play for a longer time. You’ll have greater chances of scoring that enormous progressive jackpot.
What penny slots pay the most?
There are two types of penny slot machines: progressive and non-progressive slots. Progressive slots offer the highest prizes in the online casino world. Non-progressive penny slot machines offer more odds for winning, but fewer prizes & bonuses.
How to play & win penny slot machines?
- Choose your machine carefully
- Play on slot machines that have a progressive jackpot
- Penny slot machines offer a lot of bonuses – use them to win
- Know your limit – it’s pretty easy to play more and more, but you have to remember the strategy
- Enjoy the game – the only right way to win
What games are more popular?
You can chat, interact and play with other players which is a great bonus that has made online slot machines popular. Or you can read the professional review for Canadian players of the best penny slots on SlotsAdviser and choose which is really fit your strategy and you like the most.
Casino floors used to be filled with nickel and quarter slot machines. And casinos made healthy slots profits with these coin denominations for decades.
But nowadays, penny slot machines are the dominant game. These slot machines are enticing because they only require players to bet one cent on each payline.
Some might think of these games as mindless entertainment due to how you’re merely spinning the reels over and over. But I’ve actually learned some important lessons from playing penny slots.
Here are the 5 biggest lessons I learned from penny slot machines, including things I’ve applied to both gambling and real-life situations.
1. Always Understand What You’re Getting Into – Especially With Penny Slots
The name alone is what draws many players to penny slot machines. The term penny slots creates the idea that you can play for as little as one cent per spin.
But this isn’t the case at all, because most penny slots force you to play a fixed number of paylines. If you’re on a 50-line penny slot machine, then you’ll need to wager a minimum of $0.50 per turn.
This isn’t exactly what beginning gamblers have in mind when they sit down to a penny slots game. The same players are often shocked when their money quickly vanishes.
I myself fell for this the first time I played a penny slot machine. I automatically assumed that the game was going to be really cheap, but it drained my funds faster than a nickel or quarter machine.
I’m not saying that casinos are evil for putting these games on their floors. But you need to be aware of what you’re getting into with these games, just like anything else in life.
Here’s a dramatic comparison. You should always read through a contract before signing it, because failing to read a contract before signing could loop you into a bad deal. Likewise, you shouldn’t play a penny slot machine without first reading the help screen.
I realize that there’s more at stake when you sign a bad contract without reading through. But I want to stress that some penny slot machines are like bad contracts of the gambling world.
This explains how many lines you need to play along with minimum bets for specific bonus features and the jackpot.
For example, Aristocrat’s Game of Thrones slot machine requires that you make a 100-credit wager to active the Fire & Blood Bonus.
You can risk less than this on Game of Thrones. But most slots players don’t want to play a game where they don’t qualify for the best bonus features.
Some slot machines require that you play up to 300 credits, or $3 per spin for certain bonuses and/or the progressive jackpot, and $3 is hardly what players expect to wager on a penny slot machine.
Again, read the help screen to find out how much you need to bet to be eligible for every feature. This prevents you from being shocked when having to risk $1-$3 per spin to play.
The good news is that you can find cheaper penny slot machines in land-based casinos. Some of these games only require that you play 20 lines or less to qualify for everything.
2. Prepare Your Bankroll for the Worst
Continuing off the last point, many penny slots can be expensive. And this taught me both a life and gambling lesson in that you should always prepare for the worst.
Sometimes unexpected things happen that can rock you financially.
Nobody expects their heater to go out. But when it does, and the heater needs replaced, you’re staring at a $1,200 bill.
Hopefully no slot machine ever becomes this expensive for you. But on a smaller scale, you should always plan for the worst with slots.
This is especially the case with penny games that require playing 100-300 credits to unlock every feature. You’re risking between $1 and $3 per spin in this case.
Slot machines are already volatile, meaning they produce very unpredictable short-term results. Adding expensive bets on top of this volatility can create a bankroll nightmare.
How do you avoid this nightmare and plan for the worst? The best way is to do some simple bankroll calculations.
Here’s an example for a land-based penny slot machine.
- The average land-based penny slots player loses 350 bets (units) per hour
- You have a $500 bankroll
- You choose a penny slot with 50 lines ($0.50 minimum bet)
- 500 / 0.5 = 1,000 units
- 1,000 / 350 = 2.86
- You can expect your bankroll to last for 2.86 hours on this 50-line game
Keep in mind that this is only an average estimate, and you should have enough money to cover an even-worse scenario. As long as you only bring money to the casino that you’re fine with losing, then this won’t bother you.
3. Don’t Let Colorful Themes and Small Payouts Trick You
We all know that companies use clever marketing campaigns to get us to buy the products.
I accept this fact because businesses are out to increase their profit margins. And marketing is one of the best tools to make this happen.
But on the same note, I don’t want to be a slave to clever marketing and buy a bunch of things I don’t need.
Slot machines are similar in that gaming companies use colorful themes, 3D graphics, music, bonuses, and more to attract your attention. Slots makers know that their products will be placed in more casinos if they draw a large share of players.
I have no problem with people choosing slot machines based on the themes and surrounding entertainment. After all, the point of playing slots is to have fun.
But don’t get so sucked into the theme, graphics, and alluring music that you lose all sense of time and money. Instead, realize that these elements are designed to keep you playing longer than you initially planned for.
Another trick to avoid involves the numerous small payouts that modern slot machines offer.
Multiple studies have shown that a psychological effect kicks in when players receive small rewards after each spin. These frequent payouts convince players that they’re winning, even when they’re losing money overall.
Here’s an example to illustrate this phenomenon.
- You’re playing 100 lines on a penny slot ($1 bet)
- You win a $0.20 payout on one line
- While the win is nice, you’ve technically lost $0.80 overall
Stepping back, anybody can logically see that this is a losing long-term proposition. And $0.20 payouts don’t make up for the loss of $0.80.
But it’s tougher to think in these terms when you’re engrossed in a game while making span after spin. This is another area where you need to be consciously aware of what game manufacturers are doing.
While it’s great to net lots of wins in each session, you also need to keep your overall winnings and bankroll in mind.
4. Playing Lots of Lines Is Entertaining
I’ve already discussed how expensive penny slot machines can be. But one of the greatest benefits is that you can also win lots of payouts thanks to the numerous lines.
Every payline that’s in play gives you a chance to win. And while the odds of winning with each line aren’t great, it’s still fun knowing that you have 50 or more chances to win on each turn.
The same lesson can be applied to life in that people are sometimes willing to pay more for certain forms of entertainment.
One example is how you can race Ferraris and Lamborghinis around the SPEEDVEGAS track for anywhere between $50 and $80 per lap.
Driving go-karts is cheaper and also entertaining. But go-karts don’t give adults the same thrills as driving a Ferrari around a race track.
Playing penny slot machines with lots of lines doesn’t have to comparatively be so expensive either.
Instead, you can choose games with lower volatility that increase your hit frequency, or the odds of winning with each individual payline. Doing so boosts the chances that you’ll net frequent wins and better sustain your bankroll.
A small number of slot machines actually offer a volatility rating in the help screen. For example, you might see between 1 and 5 lightning bolts to indicate how much variance is involved.
Unfortunately, most penny slots don’t have volatility ratings. You have to look for specific factors in this case to determine the game’s volatility.
Here are 3 factors that can help you out.
- Jackpot size
- Number of large payouts
- Number of small payouts
Low-volatility penny slots feature a smaller jackpot, fewer large payouts, and more small prizes than the average game.
A smaller jackpot combined with fewer large prizes means that a slot machine doesn’t need to make up for the top-heavy payout structure. In turn, the game can offer more small payouts on a frequent basis.
Of course, some players are only interested in playing for big jackpots and other prizes. This is perfectly fine if you don’t mind dealing with the chance that your bankroll will quickly disappear.
But if you want to extend your entertainment on a penny slot with 100 or more lines, then look for signs of low volatility.
5. Cheaper Penny Slots Alternatives Exist
Many of the lessons that I’ve learned regarding penny slots came in land-based casinos. But one more lesson I learned comes from the world of online penny slots.
When people can’t afford a specific item or form of entertainment, they seek out companies that can provide them for a cheaper rate.
Not everybody can purchase expensive Gucci or Chanel clothing. But almost everybody can afford clothes at Walmart or on Amazon.com.
And you can look at online penny slots as the Amazon or Walmart of the gambling world.
I’m not saying that the value from online penny slot machines comes entirely from how cheap they are. In fact, a great deal of people play these games just because they’re more convenient than going to the casino.
But it should also be noted that internet penny slots are perfect for anybody who finds land-based slot machines to be too expensive.
Some online penny slots truly embody the name, because the minimum bet is $0.01 (one cent on a single line). This is what many gamblers have in mind when they first hear the words penny slots.
Other games require you to play between 20-50 fixed paylines. While this is expensive for some players, it’s still cheaper than what’s seen in land-based casinos.
On these games, I usually play anywhere from 20-30 lines at a penny apiece.
Also note that many online penny slot machines see you qualify for bonuses and the jackpot no matter how much you wager. This is good for anybody who cringes at being forced to play 100-300 lines for the features.
That said, check out online casinos if you don’t like the prospect of spending $0.50 or more on the average penny slot machine.
Conclusion
The main lesson worth noting about penny slot machines is that they’re not what the name implies. As long as you understand this fact going in, you’ll be perfectly fine with these games.
How To Play Penny Slots At Casino Sites
You should note that penny slots in land-based casinos have fixed payline amounts.
Brick-and-mortar casinos have more expenses to pay than online casinos. Therefore, they need to win back a greater rate from slot machine players.
Remember that casinos are businesses like anything else. And their goal is to earn enough money to make profits. That said, requiring 50+ pay lines and using entertaining themes to keep people playing doesn’t make them corrupt.
On the other hand, you want to know this all right away. By knowing this info, you’ll avoid having to learn the same lessons that I did through penny slot machines.