Online Penny Slot Machines – A Classic Slot Game Good for All Players
Penny slots are slots with the minimum wager of a penny. These games can have different number of reels and paylines, but oftener they are multiline slots. Penny slots have everything to make player interested. There are bonus and progressive penny slots. And one of the most important things is that thanks to the lowest wager these machines are available for players with different bankrolls.
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If you are someone that likes playing slots with minimum bets for a longer period of time, penny slots are just the thing for you. Penny slots are slots that come with very low minimum bets, ideally, as the name suggests, a penny. The games come with their own specifications in terms of paylines and reels and are mostly multi-reel slots with multiple paylines.
There are different kinds of penny slots available at land-based as well as online and mobile casinos. And at online and mobile casinos you get free games as well, i.e. penny slots that you can play in free play mode to get used to the game before playing for real money.
The choice of game you want to play is completely yours when it comes to penny slots. And because of the wide variance in terms of the bet size that they offer, these slots work for all kinds of players, from the high rollers right down to the low wager players.
Penny Slots – A Brief History
Penny slots have been around for a long time now, with the first ones dating as long back as the end of the 1960s. The early slot machines had just a single payline, which meant players could actually place bets as low as a penny a spin. Bally introduced the Money Honey slot that allowed you to play a maximum of 5 coins.
With the passage of time and evolution of technology, newer slot machines with multiple paylines and attractive features including free spins made their way to the land-based casinos, but the penny slots continued to be popular. The single payline machines of course evolved into multiple payline machines and now there are penny slots that allow you to bet as high as $10 a spin, if you bet maximum on all the paylines.
The gambling industry changed drastically once the online casino came into existence. Superior technology enabled players to play some really high quality slots with loads of features that guaranteed them a shot at riches. However, penny slots are popular even at online casinos today.
How Penny Slots Work
The way penny slots work is simple. How much you end up betting again varies depending on whether you are playing a single payline or multiple paylines. Some slots require mandatory multi-payline play, which means though the minimum bet amount is nominal you would still end up spending a fair amount of money on a spin.
Imagine a 40-payline penny slot with a minimum wager of 5c. Even if you end up playing that basic wagering amount per line, you would still end up spending How to play penny slots S4 per spin. And it could go as high as $10 depending on the minimum bet and the number of paylines!
At online casinos too penny slots work the same way. The only difference is that instead of stacking up your money you click on the bet value you want to use; the money gets deducted from your casino account automatically. The simple sign-up process and the wide range of bet amounts make these slots very popular among online casino fans as well.
One thing to remember: penny slots allow you to play with minimum money per spin but that doesn’t mean that you always win only nominal amounts; there are also penny slots that give you sizeable payouts depending on the features you manage to trigger. So if it is your lucky day you could win a decent amount even with a 10c bet! On the other hand, there are also penny slots where you may play consistently small for long periods and yet not win anything.
How to Play Penny Slots
You choose the slot machine you want to play and then get your pennies ready. If you are at a land-based casino insert the pennies equivalent to the minimum bet value – if you are looking to play minimum wagers – and then spin away.
There are a few things to keep in mind, however. Penny slots may have very low minimum bets but most of them are multiple payline slots. And if you choose to play all the paylines, or are required to play all the paylines, that may not be a great slot to go with. Because the minimum bet amount across multiple paylines will still end up as a sizeable bet amount.
When you are playing at an online casino, do not miss out on the terrific welcome bonuses and also the bonuses for existing players that these casinos offer. The welcome bonus may include the no deposit bonus, which is something you should not miss out on. Check the terms and conditions before playing so you know what you are getting yourself into. The advantage is that you get more money or casino credits to play with when you use these bonuses.
With most penny slots today coming with anywhere between 5 and 25 paylines, you have a good chance to win if you bet the maximum coins on all lines. However the best bet is to try out with a small bet and see how it goes, because playing max bets on all lines could potentially be a drain on your budget if you indulge in it consistently.
Penny Slot Machines with the Best Odds
Penny slots can be quite expensive to play if you do not choose the right machine to play. We have explained why that could be the case already in a section above. Choosing the right machine to play at, then, becomes a critical consideration. You can do this by looking at the odds that the different slot machines provide.
A look at the RTP value of the slot should give you a very good idea of which slots are good to try out. The higher the RTP value the better for the player. Regardless of whether you play at a land-based casino or an online or mobile casino, you will find games with reasonably high payout percentages and RTP values. It will also be a big help if you are able to get info on the hit rate of a slot, i.e. the approximate number of times you would need to spin the reels to land a win.
The best way to search out penny slots with the best odds is to go online. There are a number of online portals and also user forums that give you information on different aspects of playing penny slots, including the ones with the best odds. Some penny slots with the best odds include ones with progressive and random jackpots, like the ones offered by Real Time Gaming, a well-known online and mobile casino software.
Best Penny Slot Machines to Play
So the question automatically arises: which are the best penny slot machines to play? There are a significant number of them, with multiple themes and hundreds of variants. The ones that draw a lot of players include, among others:
- Penny Megabucks
- Wheel of Fortune
- Bright Diamonds: Penguins
Of course there are many more to choose from, depending on what you are looking for. Other cool penny slots to try out at land-based casinos include Amazing Race, Mystic Forest, Planet of Moolah, Lucky Lemmings, and Gems.
- Top penny slots can also be categorized on the basis of the software provider behind them. Some of the penny slots from Microgaming that give you a good shot at winning include:
- Boogie Monsters
- Big Break
- Bomber Girls
- Good penny slots from Real Time Gaming include:
- Phantom of the Opera
- Triple Twister
- There are a few good penny slots from Rival Gaming as well, including:
- Wheel of Cash
- Cleopatra’s Coin
- Best of Luck
- There are also a few cool penny slots from Playtech. These include, among others:
- Banana Monkey
- A Night Out
How to Win at Penny Slots
Winning at penny slots does not require any detailed or in-depth strategy. The key obviously, as mentioned earlier, is to zero in on slots that come with good odds and a high RTP value. There are a few things that you can do, in terms of the basics, to be able to win more and ensure you do not lose too much:
- Choose the casino carefully. The reputation of a casino will go a long way in determining you have a good experience when playing.
- Look for the right penny slot machine to play at. You can do this by going online and checking for information on the different slots available at the different casinos, land-based and online/mobile and also for tips on playing slots.
- Try your hand at penny slots with progressive jackpots. There are games like Wheel of Fortune and others that can give you some really good wins, though the frequency of winning these jackpots is not as high as that of regular slot games.
- Look to play max bets across all paylines. This may be a good option every now and then; doing this regularly is not a good idea, though, as you could run through your bankroll pretty fast. It still may be a good idea to start off small to test the waters.
- Check and use the bonuses on offer. This gives you a chance to try and win more without spending additional money. Don’t forget to read the terms and conditions for the bonuses, though.
- Use your bankroll smartly. While penny slots allow you to make minimal wagers, you should also know that this in itself is not a guarantee of regular wins, even low value ones. Know when the game is not working for you and learn to walk away before you lose your entire bankroll.