Penny Slot Machine

1. Penny Slot Machine For Sale
2. Penny Slot Machines Online
3. Gambling Strategy For Penny Machines

The penny slot machine is popular simply because it is the smallest denomination slot machine that is can and is out for players to enjoy. The best part about the penny slot machine is if you are on a tight budget, you can continue to play using the smallest bet option there is. For as little as once cent, you can take a spin and try your luck. Penny slots provide the fun of indulging in the spinning of reels without having to risk too much money. Even with such little money being staked, players should always set a budget before heading to the slot, since the fast gameplay could result in the loss of a lot of money in the long run. Free Vegas Slots & Best Online Casinos. Welcome to our free slots paradise, where you can play the best Vegas games for free, without any annoying pop-up spam, or email requests. Or, if you prefer to play real money slots, we can help you find world-class online casinos, with the best games, bonuses and customer support. Penny Slot Machines - Play for Free. Igt double diamond s2000 slot machine with quarter coin handling - three coin (flat top - harrah's slot tournament) price: $749.00. Availability: in stock.

The name 'Penny Slot' is something of a misnomer. Most people who don't know better might assume that a penny slot costs a penny to play but that's not the case. For decades, the most popular slot machines in U.S. casinos were nickel slot machines. In the late 1960s, Bally Manufacturing developed an innovative machine called the Money Honey, a penny slot that could be played for up to five coins simultaneously. These multi-line machines that accepted multiple coins per line were a hit with players—despite the fact that they were playing more per pull of the one-armed bandit's handle.

The New Penny Slots Offer Extra at a Price

The new penny slot games offer their fair share of electronic excitement with such features as theme songs from popular game shows and movies, bonus screens, and special mystery payoffs. However, all of these extras come at a cost. The most popular games from the Japanese video conglomerate Konami including 'Race Driver' and 'Beat the Field' require a minimum of 50 coins amounting to a dollar per spin. Several other manufacturers have games with up to 16 lines that require up to 100 coins per spin—totaling a whopping 1,600 pennies.

While slot manufacturer IGT offers a penny version of its popular 'Megabucks' game that can be played for just a few pennies, for the standard 'Megabucks' machine, which is a $1 variety, the player must play three coins per spin, or $3. On the new 'Penny Megabucks,' the player is required to play the maximum of 300 coins per spin, so the price is the same.

The Odds Are With The House

These machines are built to be both fun and addictive. They require a minimum number of coins/lines to qualify for the bonus screens (where the bulk of the payoffs are made). Players must make sure to play enough coins/lines to get the payoff when a bonus hits.

For someone to play a 25-cent video poker game, they'll have to play five coins in order to qualify for a 4,000-coin royal flush. That's $1.25 per spin for a chance to win $1,000. On most penny slots offering payoffs of bronze, silver, and gold, the big payoff is much harder to win than the 45,000-to-1 odds on a video poker game. Plus, the player will likely risk $2.50 to $5 per spin to win it. That adds up.

The Psychology of Small Payoffs

Human beings are creatures of habit and thanks to the lure of instant gratification are prone to gamble. When players consistently receive small payoffs, psychology kicks in. The mind tricks itself into believing, 'Great, I'm winning,' when in reality, the player's initial deposit is usually being frittered away to nothing.

Penny slots have the kind of high hit frequency that ropes players in. As fun and exciting as the promise of winning may be, most of the time, the payoff is actually less than the initial wager on a spin. In other words, the bells and whistles go off on a regular basis but for small payoffs. For example, a player might risk something like 100 coins and only get a payoff of 18 coins.

Play Responsibly

The main issue with gambling in general—and penny slots, in particular—is that as a player, you mustn't forget that your personal bankroll is considerably smaller than that of the casino. Bear in mind that if you budget $200 for a trip to a particular casino where playing a penny slot takes 250 coins per spin, you won't get nearly enough spins to make a dent in the long-odds of hitting a substantial jackpot before your bankroll is exhausted.

Fast Facts: Tips for Newbie Penny Slot Players

As with any form of gambling, playing the penny slot machines should be approached with caution.

• Start by choosing just a few lines or just a single coin per spin.
• It's not recommended for players to automatically hit the maximum spin button.
• Read the help screen to find out how many coins it takes to have a bet on all the lines so you can better decide how many coins and credits to risk per spin.

Overall, players should enjoy their slot play, but never forget that gambling is gambling—especially on penny slots. A handful of pennies is still a dollar per spin. If you're playing more per spin, you'll bust-out fairly often—and it can happen very quickly.

Table Of Contents

Penny slots are at the foundation of modern gambling. Penny slot machines have been the most popular ones in the United States for decades.

People would pay their buy-ins with nickels and hope for the best.

When Bally came out with their now famous 'Money Honey' slot, players enjoyed the fact that they were allowed to play for up to five nickels at a time.

Don't be fooled by the fact that the word 'penny' is used to describe these games. Penny slots are not as cheap as they sound.

The first things that pop into your mind when you hear the words 'penny slots' might be low payouts and low costs.

In fact, casino penny slot machines were also viewed as slots that cost nothing but a penny to play, which can't be further away from the truth.

New Penny Slots: 2020 Addition

We've decided to expand the list and present you with a few extra penny slots that have become increasingly popular in 2020.

Take a pick and try out a new penny slot:

Double Tigers

Double Tigers is a well-designed penny slot with 3-reel, 8-payline and d 96.43% RTP.

You also get to adjust the volatility levels thanks to their unique Volatility Levels™ feature.

Necromancer

Evoplay Entertainment has really taken that extra step towards improving the slots experience when they came up with this VR-inspired 95.9% RTP game.

Throw on your VR set, grab your mobile and transport yourself to a place where scary things are happening.

The three-dimensional penny slot world offers you 80 betways and a type of gameplay that you don't see often in gambling.

Disco Bar 7s

With coin value ranging from $0.01 to $50, the max bet you can place on Disco Bar 7s is $500.

It's a classic video slot, so there isn't much going on in terms of bonus rounds, but fill up the spots with Disco Ball wild symbols and score a 10,000-coin win.

This 3-reel, 10-payline slot features an RTP of 95.96%.

Care to see our all-time top 10? Scroll down and enjoy the list and reviews of the best 10 penny slots in 2020!

Top 10 Penny Slots

Penny Slots are more than sitting down in front of a machine and popping nickel after nickel into it, after which you pull the 'arm'.

In fact, today's online penny Slots are an extrapolation of the old ones.

These penny Slots are multi-line games allowing for more than one coin bet per line.

With themes like popular movies, shows and games, but also bonus features and special symbols, these penny slot machines represent the best there is in the gambling industry today.

Penny Slot Machine For Sale

But enough with the chit-chat! You're here to learn about the best penny Slots you can play right now.

Below you can find a list of 10 greatest penny Slot machine games to play online.

The sites that offer these games offer both free penny Slot machines and free penny Slots with bonus rounds, you'll surely find the favourite suits you best.

All you have to do is pick your favorite, as millions of players around the world vouch for the quality of these very best 10 games.

Book of Dead

We've already mentioned this penny slot, but we'll do it again, this time in more detail.

This penny video Slot is extremely similar to the famous 'Book of Ra', yet still has some new features that will ensure good gameplay, emerging the player into the mysterious Egyptian-theme world the game depicts.

There are 5 reels and 10 paylines in the Book of Dead online Slots game.

The symbol to look for is the Book of Dead, which acts like the Wild and the Scatter of the Slot.

Golden Colts

If you get over the fact that this game is one of the creepiest out there, then you can start thinking about the Mega Symbols, Wild Reels, Stacked Symbols, Wilds, Scatters, Free Spins, and other features Golden Colts has to offer.

Blaze of Ra

Here's another Ancient Egypt virtual world for the fans of gods and amulets to explore .

The 5 reels are covered by 40 potential paylines, which is great considering the screen is cut into 4 rows and 5 columns.

The graphics of this game are very high-quality.

Penny Slot Machines Online

You have your desertic background with pyramids at the back of the reels, while the mighty god Ra stands on the left of the screen, watching your every move.

Land on a Scarab, the Scatter of the game for bonus rounds with free spins.

Pirate's Charm

This Quickspin penny Slot has a Mystery Charm Respin feature which lets you re-trigger bonuses repeatedly in the game.

The thing that makes this game stand out is the possibility to play on up to 243 paylines, which is why many players consider Pirate's Charm to be one of the best Slots ever produced by Quickspin.

As a penny Slot, you can start betting from as low as $0.2 on one spin.

The game feels like the movie Pirates of the Caribbean, offering great visuals and a theme song fitted for a pirate's life feel to it, with stunning visuals and a very nice pirate soundtrack.

Then, if you need more Slots of this kind, have a look at our curated list of the best pirate Slots.

Gambling Strategy For Penny Machines

Vikings Go to Hell

We are all familiar with the stories about the courageous Nordic Vikings, the rulers of the Scandinavian seas and the lands surrounding them.

Vikings Go to Hell is a 5-reel, 4-row, and 25-payline Slot featuring the last recorded years of these amazing people.

Of course, the story is fantasized, so the Vikings have to take on the demons of the underworld in order to make it out alive.

Look for the Sticky Wilds which will enable multipliers and free spins once they appear on your reel. The minimum bet? Just $0.1 for one spin.

Divine Fortune

Here's another penny video Slot to consider if you're into Ancient Greek-themed Slots.

This visually gorgeous game will emerge you into the world of the gods with its 5-reels, 3-rows configuration and 20 pay lines.

Having an RTP of 96.69%, Divine Fortune can be more like a 'Divine Comedy' when you land on some Wilds, for example.

Play Responsibly

The main issue with gambling in general—and penny slots, in particular—is that as a player, you mustn't forget that your personal bankroll is considerably smaller than that of the casino. Bear in mind that if you budget $200 for a trip to a particular casino where playing a penny slot takes 250 coins per spin, you won't get nearly enough spins to make a dent in the long-odds of hitting a substantial jackpot before your bankroll is exhausted.

Fast Facts: Tips for Newbie Penny Slot Players

As with any form of gambling, playing the penny slot machines should be approached with caution.

• Start by choosing just a few lines or just a single coin per spin.
• It's not recommended for players to automatically hit the maximum spin button.
• Read the help screen to find out how many coins it takes to have a bet on all the lines so you can better decide how many coins and credits to risk per spin.

Overall, players should enjoy their slot play, but never forget that gambling is gambling—especially on penny slots. A handful of pennies is still a dollar per spin. If you're playing more per spin, you'll bust-out fairly often—and it can happen very quickly.

Table Of Contents

Penny slots are at the foundation of modern gambling. Penny slot machines have been the most popular ones in the United States for decades.

People would pay their buy-ins with nickels and hope for the best.

When Bally came out with their now famous 'Money Honey' slot, players enjoyed the fact that they were allowed to play for up to five nickels at a time.

Don't be fooled by the fact that the word 'penny' is used to describe these games. Penny slots are not as cheap as they sound.

The first things that pop into your mind when you hear the words 'penny slots' might be low payouts and low costs.

In fact, casino penny slot machines were also viewed as slots that cost nothing but a penny to play, which can't be further away from the truth.

New Penny Slots: 2020 Addition

We've decided to expand the list and present you with a few extra penny slots that have become increasingly popular in 2020.

Take a pick and try out a new penny slot:

Double Tigers

Double Tigers is a well-designed penny slot with 3-reel, 8-payline and d 96.43% RTP.

You also get to adjust the volatility levels thanks to their unique Volatility Levels™ feature.

Necromancer

Evoplay Entertainment has really taken that extra step towards improving the slots experience when they came up with this VR-inspired 95.9% RTP game.

Throw on your VR set, grab your mobile and transport yourself to a place where scary things are happening.

The three-dimensional penny slot world offers you 80 betways and a type of gameplay that you don't see often in gambling.

Disco Bar 7s

With coin value ranging from $0.01 to $50, the max bet you can place on Disco Bar 7s is $500.

It's a classic video slot, so there isn't much going on in terms of bonus rounds, but fill up the spots with Disco Ball wild symbols and score a 10,000-coin win.

This 3-reel, 10-payline slot features an RTP of 95.96%.

Care to see our all-time top 10? Scroll down and enjoy the list and reviews of the best 10 penny slots in 2020!

Top 10 Penny Slots

Penny Slots are more than sitting down in front of a machine and popping nickel after nickel into it, after which you pull the 'arm'.

In fact, today's online penny Slots are an extrapolation of the old ones.

These penny Slots are multi-line games allowing for more than one coin bet per line.

With themes like popular movies, shows and games, but also bonus features and special symbols, these penny slot machines represent the best there is in the gambling industry today.

Penny Slot Machine For Sale

But enough with the chit-chat! You're here to learn about the best penny Slots you can play right now.

Below you can find a list of 10 greatest penny Slot machine games to play online.

The sites that offer these games offer both free penny Slot machines and free penny Slots with bonus rounds, you'll surely find the favourite suits you best.

All you have to do is pick your favorite, as millions of players around the world vouch for the quality of these very best 10 games.

Book of Dead

We've already mentioned this penny slot, but we'll do it again, this time in more detail.

This penny video Slot is extremely similar to the famous 'Book of Ra', yet still has some new features that will ensure good gameplay, emerging the player into the mysterious Egyptian-theme world the game depicts.

There are 5 reels and 10 paylines in the Book of Dead online Slots game.

The symbol to look for is the Book of Dead, which acts like the Wild and the Scatter of the Slot.

Golden Colts

If you get over the fact that this game is one of the creepiest out there, then you can start thinking about the Mega Symbols, Wild Reels, Stacked Symbols, Wilds, Scatters, Free Spins, and other features Golden Colts has to offer.

Blaze of Ra

Here's another Ancient Egypt virtual world for the fans of gods and amulets to explore .

The 5 reels are covered by 40 potential paylines, which is great considering the screen is cut into 4 rows and 5 columns.

The graphics of this game are very high-quality.

Penny Slot Machines Online

You have your desertic background with pyramids at the back of the reels, while the mighty god Ra stands on the left of the screen, watching your every move.

Land on a Scarab, the Scatter of the game for bonus rounds with free spins.

Pirate's Charm

This Quickspin penny Slot has a Mystery Charm Respin feature which lets you re-trigger bonuses repeatedly in the game.

The thing that makes this game stand out is the possibility to play on up to 243 paylines, which is why many players consider Pirate's Charm to be one of the best Slots ever produced by Quickspin.

As a penny Slot, you can start betting from as low as $0.2 on one spin.

The game feels like the movie Pirates of the Caribbean, offering great visuals and a theme song fitted for a pirate's life feel to it, with stunning visuals and a very nice pirate soundtrack.

Then, if you need more Slots of this kind, have a look at our curated list of the best pirate Slots.

Gambling Strategy For Penny Machines

Vikings Go to Hell

We are all familiar with the stories about the courageous Nordic Vikings, the rulers of the Scandinavian seas and the lands surrounding them.

Vikings Go to Hell is a 5-reel, 4-row, and 25-payline Slot featuring the last recorded years of these amazing people.

Of course, the story is fantasized, so the Vikings have to take on the demons of the underworld in order to make it out alive.

Look for the Sticky Wilds which will enable multipliers and free spins once they appear on your reel. The minimum bet? Just $0.1 for one spin.

Divine Fortune

Here's another penny video Slot to consider if you're into Ancient Greek-themed Slots.

This visually gorgeous game will emerge you into the world of the gods with its 5-reels, 3-rows configuration and 20 pay lines.

Having an RTP of 96.69%, Divine Fortune can be more like a 'Divine Comedy' when you land on some Wilds, for example.

There are also three progressive jackpots scattered throughout the game.

Wild Wheel Big Money

Wild Wheel might be just a penny Slot, but don't be fooled by that, as it has one of the most impressive arrays of bonuses in the industry.

Piggy Banks, Wads, Gold Coins, and Dollars, but also Gold Bars and Cash Suitcases, these are the symbols of this Slot.

When you land on 3 Wilds, you get to play the Wheel of Fortune Bonus Game. This is the feature you should hope to become familiar with since it is the best one in the game.

Valley of the Gods

Are you ready to take another trip to Ancient Egypt?

With nice, yet simple graphics, good sound effects and bonuses, Valley of the Gods is one of those Egyptian Slots with a simple gameplay but a great return for their players.

This game by Yggdrasil has the Anubis and the Horus statues as its most rewarding symbols.

The Return to Player rate is 96,2%.

Gold King

With the Gold King Slot, you won't get to earn all the gold on the planet, but at least can spend some time playing a game with good graphics, sounds, and gameplay.

The simple 5 reels, 3 rows, and 20 paylines make this game a favorite with both the novices and the experienced players alike.

Released only a few months ago, this new Slot game is already a hit and the symbols to look for are the Gold Bars and the Gold Kings, for free spins and other bonuses.

Temple of TUT

Remember the famous story of the discovery of King Tutankhamen's tomb?

How about you yourself take on the trails of Howard Carter and George Herbert and try to figure out the mystery surrounding this Egyptian figure?

In Temple of TUT, there are more Super Reels than there are tombs in the Valley of the Kings in Egypt!

Land on 5 Free Spins Symbols and you will activate whopping 30 Free Spins.

The Stacked Wilds can be randomly discovered after any normal spin, but the symbols to look for are the Light beam and the Golden Scarabs.

Good luck not catching a cold, or a deadly Ancient Curse...

Penny Slots FAQ

It all depends on what you're looking for. Penny slots are amazing for players who like to spend time getting to know the slot machine and spinning reels without the pressure of making bug bets.

Penny slots are great because you can bet as little as $0.01 while you're still learning the ropes, but if you're looking to land some wins, you will probably need to increase your bets. There is no single trick that will help you win on penny slots every time, but slot strategy tips will come in handy.

Generally, if you want a penny slot machine with the best odds, you should aim at those with RTP over 97%. Progressive jackpots, bonus rounds and free spins features should also be taken into account when you're deciding how much you could win on a particular slot.

It's hard to say what penny slot game is the best to play because it varies from person to person. We've put together many great penny slots, so skim through the article and see what strikes your fancy - this list of top penny slots will have your new favourite on it.