In this article you will some some useful penny slots tips that you can in any online casino or mobile casino.
What Are Penny Slots Games?
Penny slots are only the hottest online casino attraction to hit the scene in any real money online casino. Believe it or not, penny slots allow you to play real money slots for just $0.01. At least that's how it used to be. Nowadays, the lowest coin denomination for penny slot machine games is still $0.01 per line, but you have to wager multiple lines per spin.
It’s important to distinguish between the bet per spin, and the denomination of the slot machine game. In the case of penny slots games, the lowest coin value per line is 1 penny. Many penny slots have a minimum requirement when it comes to the number of lines that are played per spin.
In the good old days, you could spin the reels of a penny slots game for a total of one penny.
Penny slots aren’t exempt from the perils of inflation, hence the arrival of multi-line penny slots machines. Carefully read the T&C of the slot machine game, and you'll see exactly how many lines need to be played per spin. Expect anywhere from 5, 10, 20, 100, or even 1,000+ win lines per penny slot game. You guessed it – it can cost a pretty penny to play penny slots games.
In this expose, we’re going to provide you with plenty of tips for playing penny slots. You ready to get started?
Table of Contents
• Why Are Penny Slots Games So Popular?
• Can you Win Big Jackpots if you're playing Penny Slots Games?
• How Much Does It Really Cost to Play Penny Slots Games?
• Learn the Rules of Penny Slots Games before You Play
• Get the Biggest Online Casino Bonus for Penny Slots Games
Penny Slots Tip #1
Check out the required number of lines that need to be played on your chosen penny slots game. As the number of lines increases, so too does the cost per spin!
Why Are Penny Slots Games So Popular?
The answer is actually in the question! Penny slots games are incredibly popular because they can ostensibly be played for just a penny. The appeal of playing real money slots for just a penny, and winning a mega-money jackpot is wonderfully enticing to throngs of players. It's all a matter of risk and reward. If you're only risking pennies for a potentially jumbo-sized reward, it seems like a great deal.
Keep reading folks, we’re going to show you how to play penny slots like a pro! With penny slots games, you really have to dig a little deeper. We have already established that the true cost of penny slots games is significantly more than one penny per spin. The minimum coin denomination per line may be one penny, but dozens, hundreds, or thousands of lines may need to be played per spin. Still, this doesn't deter players because they are penny slots games after all.
It's kind of like going to Dollar Tree Family Dollar stores, where you think you can pick up ‘anything’ for a dollar. In fact, products at these dollar stores may be cheaper at Walmart and Target, but people still shop at dollar stores because they think it's the cheapest place to buy items. With penny slots, you know what the minimum coin denomination is, but that doesn't tell you how much you’re actually going to pay to spin the reels.
Penny slots masquerade as the cheapest games to play at the casino. This is true for the most part, depending on what penny slots games you play. Will you be choosing fixed payline penny slots, or variable payline penny slots? What about the penny slots RTP? It's important to do your homework before you simply start feeding the penny slots machines your valuable bankroll. Now that you know a little more about how to play penny slots, let’s see what sort of odds you can expect.
Consider the following payback percentages for penny slots in different parts of the US:
• The Las Vegas Strip – 88.45%
• Downtown Las Vegas – 88.66%
• The Boulder Strip – 90.42%
• North Las Vegas – 90.71%
Penny Slots Tip #2
The Return to Player (RTP) percentage on penny slots is significantly lower than it is on higher denomination slot machine games. It's a known fact that penny slots are the biggest money spinners for casinos worldwide.
That means, players are winning less and casinos are taking more from every real money bet placed on these games.
Back in 2015, an NBC/CT investigative report found that the RTP of penny slots at Foxwoods Resort in Connecticut was 89.34%. Compare this to the RTP of $100 slot machine games at 95.65%. You get the picture!
Can You Win Big Jackpots If You’re Playing Penny Slots Games?
Don't be fooled by the low cost of penny slots games. You’re about to find out how to win penny slots games next. Contrary to popular opinion, you can win substantial jackpots with penny slots. The trick is finding the right penny slot game to play. These games burst onto the scene in the 1990s. The real-deal appeal of penny slots is their cost. For a relatively modest amount of money – a few pennies – you can theoretically win a monster-sized jackpot payday.
• In March 2021, a gentleman from California was playing a penny slot machine game in Las Vegas, when he landed a monster-sized win of $892,574 at the Cosmopolitan Hotel & Casino. The man – Jamie – was absolutely ecstatic with his near-million-dollar payout from a penny slot machine game. [ https://www.reviewjournal.com/business/casinos-gaming/892k-slots-jackpot-hits-on-las-vegas-strip-2301798/ ]
• On January 5, 2020, a slot machine player named Lawrence Fuller amassed a fortune in winnings, amounting to $888,585.03. He was playing Super Lucky Times Penny Slot machine game and wagered just $1.80 before the jackpots started tumbling down. Over the course of 3 days in Nevada, he won an impressive total of $905,000. [https://www.ktnv.com/positivelylv/reno-man-wins-over-900k-in-penny-slot-jackpots ]
• On September 7, 2017, a woman from Texas cashed in big time with a $787,842 jackpot playing penny slots at Harrah's Casino in Las Vegas. The lady, Janet Redwine of Coppell, Texas, was playing Willy Wonka slots when her luck changed her fortune forever. Back on June 22, 2017, the same slot machine game paid out $944,337 to 2 lucky players. [ https://lasvegassun.com/news/2017/sep/07/woman-hits-787000-jackpot-on-penny-slot-machine/ ]
Penny slots games, like classic slots, video slots, and progressive jackpot slots, are governed by RNGs. These random number generators are responsible for the outcomes of slot spins. They are independently determined by computer programs, and not by the casinos. RNGs and RTPs at online casinos are independently verified and certified by credible testing agencies such as iTech Labs, TST (Technical Systems Testing), and eCOGRA Safe & Fair.
Penny Slots Tip #3
Manage your penny slots bankroll effectively at all times. Just because it says penny slots doesn't mean it costs pennies to play slots. A multi-line penny slot machine game can cost several dollars per spin. Add in a low RTP, and you may be better off playing a $1 or $5 video slot game with a higher payback percentage (RTP).
Recall that the RTP is the long-term average return to player over at least 1 million spins. The higher the RTP, the better. It's a fine balancing act picking the right penny slot game with a suitable RTP when chasing down penny slots jackpots.
We’re only halfway through our tips for playing penny slots. Keep reading, the best is yet to come.
How Much Does It Really Cost to Play Penny Slots Games?
We have already established that one penny is the bare minimum coin value that you can bet per line on a penny slot game. Since most penny slots are multi-line games, the true bet value per spin is much higher. But just how much higher can it be? To answer this question, we have to ascertain precisely how many paylines are in play. Take the following examples as cases in point:
• A 50-line penny slot game will cost you $0.50
• A 100 line penny slot game will cost you $1.00
• A 250 line penny slot game will cost you $2.50
• A 1024 ways to win penny slot game will cost you $10.24
Note: The prices shown above are the cost per spin when a fixed number of paylines is required. Many penny slots games allow players to choose the number of lines they wish to play. However, if you drop the number too low, you disadvantage yourself from winning the monster -sized jackpot up for grabs. Like any slot game, the more lines you play, the better your chances of winning.
The real cost of penny slots games can be evaluated in terms of the hours you intend playing the slot machine game. Statisticians have already calculated the bankroll per hour required for playing different types of penny slots games. Consider for example a 50-payline penny slot game where you play one penny per line. If you intend playing this type of slot machine game for 3 hours, you would require a bankroll of $125!
Now, let's assume you wish to ramp up proceedings and play with 5 pennies per line. Any ideas how much you would need? The answer is $625 for 3 hours of play. To calculate this answer, simply multiply 5 X $125 = $625!
Penny Slots Tip #4
The number of lines you play is the single most important determinant of the cost of playing penny slot machine games. As you increase the number of pennies per line, with fixed paylines in play, so you will ramp up your total costs per hour of gaming. Most players understand that the more you wager the bigger your chances of winning. But therein lies a caveat: your bankroll is going to take a hit.
Learn the Rules of Penny Slots Games You Play
A slot is a slot, right? Wrong! Every slot machine game has a unique appeal that draws players to it. If they were all identical, there would be no reason to try different slot machine games. They may look the same on the outside, with reels, and symbols, but their inner mechanics separate them. Every slot machine game has a unique set of rules governing game play. Sometimes these rules are posted on the actual slot machine game, with a paytable that is visible at all times.
At online casinos, penny slots games – like other slots – have info buttons, help options, and pay tables for you to check out. Be sure to click those buttons before you play penny slots games online for real money. You will always perform better when you know what is required of you. It's disingenuous to simply deposit money and click the spin button if you don't know the payback percentages, the minimum/maximum bets, or the maximum payout that you can win.
True, all slots are governed by chance. There is nothing you can do to change the payback percentage of a slot machine game. However, you have total control over the specific penny slots games that you pick. This means you get to decide which RTP you are willing to accept, how many paylines you want to play, and how big a jackpot you want to chase down. Slot machine games are laden with symbols. These include wild and scatters, high-paying symbols, low-paying symbols, and lots of free spins.
If you pick a penny slot game with in-game bonus options, be prepared to accept a lower RTP. the more fanciful features a penny slot game offers you, the lower the RTP has to be in order to accommodate the additional rewards players are getting. You may be better off picking a rudimentary penny slot game with minimal features and a higher RTP!
Penny Slots Tip #5
Choose your penny slots games wisely. The more in-game features there are such as wilds, scatters, free spins, bonus games, gamble options, et cetera, the lower the RTP is going to be. You may decide to opt for a simpler penny slot game with a higher RTP.
Get the Biggest Online Casino Bonus for Penny Slots Games
Penny slots players are always keen to get more bang for their buck. Fortunately, this is entirely possible at reputable online casinos. You can boost your stash of cash in a flash when you sign up with 888casino New Jersey. We are offering a $20 welcome bonus – no deposit needed. Use this bonus cash to play penny slots games, without risking a cent of your bankroll.
Land-based casinos in Atlantic City, Las Vegas, or elsewhere are unlikely to give you a free slots bonus. Luckily, that's not the case at online casinos. Do your homework – look around for generous welcome bonus packages, slots bonuses, daily deals, exclusive offers, and limited-time offers. Every slot machine player faces the same challenge: a limited bankroll. Stretch it as far as possible by picking the biggest online casino bonus with the most favorable wagering terms and conditions.
Remember: You can never change the house edge, or the payback percentage of a penny slot machine game. It's fixed no matter what. But, you don't need to risk your own cash on every spin. Play with the casino’s money and win with the casino's money. Since every outcome offers the possibility of a big win, you never know when it's going to be your lucky day.
Penny Slots Tip #6
Maximize use of your online casino bonuses and promotional offers. This is especially true if you are a first-time depositor. The best promotions are the no deposit bonuses. Once you satisfy the wagering terms and conditions, as laid out under the ‘Info’ or ‘Rules’ section, any winnings you generate are yours to enjoy.
Forget the Myths and Stick to the Facts
We've all heard about all those slot machine myths. There are players who carry around a rabbit's foot on a keychain, or who wear their lucky socks when playing slot machine games. There are even players who perform certain rituals when playing slots online. Yet others believe that the high-paying penny slots are located far away from the rest of the slot machine games in a corner, or an alcove somewhere.
Players believe in hot slots and cold slots, but truth be told all slots at fully licensed and regulated casinos are governed by RNGs. While nobody is disputing the importance of luck in your slots gaming sessions, there is no way to ascertain whether a machine is going to pay out or not. If you're lucky by nature, you may just have a sixth sense about penny slots games. At 888casino New Jersey, all of our slots are provided by fully licensed, regulated, and credible gaming providers, and hosted on our top-tier platform.
Penny Slots Tip #7
If you are lucky by nature, your gut instinct may help you pick a winning penny slot machine game. If not, don't fret. All penny slots at 888casino New Jersey guarantee fairplay at all times. Governed by RNGs, with certified RTPs. Any game you pick always operates according to the highest industry standards as determined by the New Jersey Division of Gaming Enforcement.