What are penny slots?
The first penny slot appeared in land-based casinos. This became possible only in the 1960s when one-armed bandits were transferred from paper notes to coins. There was such a transition for two reasons. First, users complained that paper money was not convenient. Secondly, the audience wanted to lower the bets in order to be able to play longer.
Penny slots are slot machines that allow you to make a fixed bet of one penny or one cent per pay line. 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 of money, but this chance is really little.
Thus, it turns out that a person gets the opportunity to play for a long time, without a chance to lose a large amount, but also almost without a chance to win a large amount. We also need to mention that usually penny slots have a low RTP percentage from 75% to 85%. Today for gamblers are available not only paid version, but also free online penny slots.
How to win at penny slots
It is a very simple slot, so everybody knows how to play penny slots, so let's have a look at how to win. We already know that players can not only enjoy free penny slots but also win some money. As part of the natural gameplay, you will win with the frequency specified in the penny machine settings. At the same time, the long-range return will tend to the indicator set by the developer at 95-98%.
But if you act in accordance with the right strategy, you can win in the machines more often and exit the gambling series with a win. To do this, it is important to set a number of limits and strictly adhere to them: the bet limit (min and max), the spin limit, the loss limit, and the win limit. The best time to exit is to get the winning limit set for yourself.
But this is only one of the most popular strategies. Guided by the rules of bankroll management, you can create your own game plan at minimum limits. Maybe initially you should have some practice with penny slots free.
Types of penny slots
Slot machines, like everything else, can be divided into several types. This categorization may be based on several different factors.
One of the easiest ways to divide slot machines into varieties is to consider them in terms of bet amounts. Some of the games accept only pennies, while others allow you to bet dollars. At the same time, some games allow you to choose from several bet amounts.
The most common bet sizes on slots include:
- A penny.
- Five dollars.
Slot machines for high rollers can allow you to bet from $ 25 to $ 100 per spin.
Number of reels
Rotating symbols on the front of the machine are called “reels”. Previously, they were simply large coils made of metal, which physically rotated inside the machine, but now they usually perform only a representative function. In fact, in most modern slot machines, these reels are nothing but screens.
Traditional old-school slot machines have three reels, but more advanced slot machines can have five reels. Extra reels make it possible to offer even larger jackpots because with extra reels it becomes much harder to win.
Differences between real and online penny slots
It's no secret that land-based casino maintenance is very expensive. Launch and maintain an online casino is much cheaper. For this reason, the percentage of return in real slot machines is lower than in virtual ones.
This applies to penny machines in the first place. For example, in Las Vegas, the minimum RTP is 75%, and this is exactly what it is in most slots with minimum bets. But in slots with high stakes and a progressive jackpot, the return can reach 93%, almost like in an online casino.
Virtual penny slots are good because RTP does not depend on the size of the bet. Even making a bet of 0.01, you can play with RTP of 98%.
The average continuous slot speed in a land-based casino is 600 spins per hour. During this time, you can bet only $ 6. In this case, the average loss will be equal to 25%, that is, about $ 1.5.
In online casinos, cheap slots work at approximately the same speed or twice as fast if the settings have an acceleration function. If you play at standard speed, you can bet on the same $ 6. At the same time, losses in the most generous machines will be only 2%, that is, only $ 0.12. Just what fans of the long game need!
Also, most modern games are created with a wide range of bets. Coin size usually starts from 0.01, 0.02 or 0.05 and can reach 5. Choosing low rollers - slots with a minimum coin value of 0.01.
How to choose penny slot machines
If the main goal of the game is the process itself with a minimum of investments, it is worth choosing slots with the maximum RTP. There are dozens of games at the online casinos, so it's easy to choose a slot with a nice design and gameplay. Also, most modern games are created with a wide range of bets. Coin size usually starts from 0.01, 0.02 or 0.05 and can reach 5. Choosing low rollers - slots with a minimum coin value of 0.01.
Please note that traditionally the bet is placed on the line, and not on the whole round, although there are exceptions.