Penny slots are popular casino games. These games are usually a go-to option for players seeking to kill time without risking bigger losses. Players can use as little as one cent to kick-start the penny slots reels. Slot games of all types often feature penny slot options, you can even play progressive jackpot penny slots.
What Penny Slots Are and What they Aren’t
The idea that you only have to spend a cent to play is what attracts many players to penny slots. This is the reason why penny slots are so famous in casinos. The truth behind the phrase ‘penny slots’ is that it only takes a cent to make a bet on a single slot line. Slots machines will often have 10 lines upwards, so the idea of penny slots is thus technically turned into a dollar slot (or less).
Many slot machines these days will feature up to 300 lines. What you will find in penny slots is not what many of us envision when we hear the phrase ‘penny slots’. An average slot machine will actually require more than just a penny to spin.
Another concern for players is the payouts on penny slots. Small bets will most often lead to small payouts so don’t expect to gain big wins playing penny slots. The payouts for penny slot games will often look this way:
- $1 bet = $10,000 prize (or less)
- $0.50 bet = $5,000 (or less)
- $0.25 bet = $2,500 (or less)
- $0.10 bet = $1,000 (or less)
- $0.01 bet = $100 (or less)
When it comes to gambling, the bigger the wager the bigger the payouts. The next time you seek to visit penny slots you must remember that you won’t leave with filled pockets. Walking away with a lot of money playing penny slots will require a lot of time and luck.
The best way to capitalize on penny slots is to increase your bet amount the more you win. This is not the best strategy out there, but when it comes to games of chance, there is no better strategy.
Penny slots remain best suited for low rollers or players seeking to play slot games for fun.
Where to Find Cheaper Slot Games
If you are looking to play less expensive slot games, we suggest you try out online slot games. Online casinos do not need larger venues or hundreds of employees to operate. Online casino games are also not expensive to purchase or maintain. The cut in the cost of running online slot casinos can thus translate to inexpensive slot games.
The reason you will find inexpensive slot games online in comparison to land-based casinos is because of the cost of running land-based casinos. Casinos are also business establishments, and like any other business, they need to make a profit to keep afloat.
The best thing about online casinos is that the chances of winning remain the same. This is because online casinos use the same system as land-based casinos to determine outcomes.
John Ford has been writing online gambling content for over 18 years. Born and raised in the heart of the Short Pump, Virginia, John’s journey through the casino industry began on the casino floor itself. He started as a dealer in various games, including blackjack, poker, and baccarat, cultivating an understanding that only hands-on experience can provide. John’s passion for writing casino guides stems from his casino experience and his passion for helping fellow punters. His articles are more than reviews; they are narratives that guide both novices and seasoned players through the labyrinth of online casinos.