The Best Penny Slot Machines to Play Online
Especially popular in US casinos, penny slots usually lure the most frugal of casino gamblers. While you do have the opportunity to bet as little as one cent, usually players end up playing for more than just a penny.
Since the best practices for slots, in terms of boosting your own odds at least, involve betting on all possible paylines, most players end up paying a lot more than a cent per spin. Therein lies the question: what is the point of playing for cheap jackpots if the cost per spin isn’t that low?
What’s the Point of Playing Penny Slots?
Depending on the type of video slot player you are you’re probably wondering: why even bother playing for pennies when you can play for six figure progressive jackpots?
And wait until you hear this:
What attract most penny slot players is the idea that the lower stakes allow you play for a longer amount of time, and that the longer you play they higher the chances of hitting the jackpot. Unfortunately this way of thinking is completely flawed.
Random number generators don’t go through a predetermined list of combinations, but come of with them from scratch over and over again. In fact, the longer you play, the less likely you are to walk away with more than you came with.
This is because of the way RNGs apply house edge, which we’ll explain next.
Pay Attention to House Edge When Playing Penny Slots!
A slot machine's payout percentage, otherwise known as the return to player rate (RTP), is actually lower on penny slot machines compared to standard slots. The legal requirement for slots in general is that they have a payout percentage of 75%.
And while most online slots and machine versions in brick and mortar casinos have between 90% and 95% as the payout percentage, penny slots tend to have an RTP below 80%, making them more difficult to win.
And this is the reason why:
The casino leverages out the low stakes on penny slot machines with higher house edge, but as long as you are aware of this disadvantage and act accordingly, there is still some decent amount of money to be won by playing these budget slots.
Where to Play Penny Slot Machines Online
Playing slots online is increasingly popular thanks to how convenient it is to play from home and the increasing supply of great online casinos.
While it’s easy enough to find high stakes casino games, since they are usually the most well promoted, if you’re on a budget and want to play penny slot machines from the comfort of your couch, it can be a little tricky if you don’t know what to look for.
How to Identify a Penny Slot Machine on an Online Casino Site
Penny slot are not too tough to find online, and to play them you can usually find a section on the casino site labelled "Penny Slots", which will only include online slots with the option to pay a cent per payline.
But if you can’t you can still do this:
Some casinos don’t bother making an entire section for penny slots, but what you can do is test out different games in demo modes and check the minimum bet before paying any of your own money.
It may seem a little tedious, but there are plenty of video slots that do and you’ll find one in no time.
Play the Best Penny Slot Machines to Play Online
Below you will find a list of best places to play penny slot machines online, where you can also collect some exclusive bonuses for new players! The only thing cheaper than playing penny slots at one cent per spin, is playing them for absolutely nothing.