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Introduction: Become a Winner on Penny Slots

Everyone loves the penny slots because, well, it’s only a penny! Very few games will extend your bankroll like playing the penny slots. Having said that, there is a certain stigma around those who play on the cheapest of slot machines. Other players tend to look down on those sitting in front of these machines and view them as lesser players in the casino playing space. let’s take a look at how to become a winner on penny slots.

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What Are Casino Penny Slots?

Probably everyone who goes to the casino for the first time will get started on a penny slot. Whereas most of the other jackpot games may seem intimidating for the total newbie, the penny slot is as safe as you can get. With such a tiny wagering amount there’s no fear of leaving the casino bankrupt. Yet at the same time, it offers all the excitement of being in an actual casino. So it’s no surprise that penny slots are the most popular game in the whole casino. 

These slot machines operate in the same manner as other slot machines, but for a couple of differences. The first concerns the number of pay lines, with some penny slots offering north of 25. In fact, some of the most popular penny slots offer over 40 pay lines. With these huge numbers of pay lines, the cost per spin can quickly add up to over $1, but it’s the excitement of even tiny wins that keeps players hooked. It’s the same story if you’re playing online. That’s why we love King Billy Casino. The cost per spin is low, yet you have an exciting time.  

The Real Cost of Casino Penny Slots

Just because they’re called penny slots doesn’t mean a thing. Certainly, it does not correlate with the amount of cash needed for a spin. Though you might believe that the $10 in your hand will last the whole evening playing penny slots, you couldn’t be further from the truth. That’s because nearly all penny slots machines have a minimum credit. This can range from 10, 20, or even 50 credits being needed before a spin. Hell, there are even penny slots with a minimum credit of 100. So with more pay lines and greater credits needed, it’s getting more and more expensive to play penny slots.

winner on penny slots
Let’s have some fun

Before you sit down in front of a penny slots machine, do a quick bit of mathematics to see what your real spending is going to be. If anything, this will help you increase your jackpot winning chances. If it’s a game with 40 pay lines and 5 credits per line, then that translates as $2 per spin. A long way from a penny! And a long way from being a winner on penny slots. On the whole, we recommend that you always bet max lines. Betting max-lines and max-credits are the only way to get the best return to player (RTP).

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Pennies on The Dollar

When you take a step backward and compare the penny slots to popular dollar machines, then there’s no contest, with penny slots reigning supreme as the best jackpot slot machine. But if you want larger payouts, then you’ll need to up your wagers, often up to and beyond 5 per spin. On the whole penny slot jackpots are not going to be life-altering, though there are some with prizes of up to $ 1 million and beyond. Though some of these slots offer an RTP of 91%, there are many with just 88%, which means that you’ll probably be draining your bankroll before you hit pay dirt. On a simple return for your capital outlay, penny slots are the worst RTP in the casino.

Now many dollar slots cost between $1 – $3 per spin. On the whole, these dollar slots come with a much higher RTP often around 95% and higher. It may sound weird, but you lose less money playing a dollar slot machine than when playing a penny slot. For example, let’s say that you’re playing on a 30 line machine for 10 credits per spin. Besides you is someone playing on a dollar slot at $3 a pop. So, you’re both playing $3 wagers and averaging around 350 spins each hour. That means that you’re both shoving in $1,050 every hour. But here comes the RTP to see which is a more economical option. At the penny slots you get an RTP of 88% meaning you’re losing $125 each hour. But at the dollar machine, they enjoy an RTP of 95%, meaning they lose just $52.50 in the same hour. See how things might not be what they at first seem?

winner on penny slots
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Select The Right Penny Slots Machine

As with all jackpot slots, there’s only one metric to keep in mind, and that’s the RTP. To be a winner on penny slots you should always be looking for good value slots. The entertainment value is gained from the length of time you play. And like all casino slots players, you’ll probably be on the lookout for high volatile slots machines. It’s best to simply ask other gamblers which are the best machines, as they’re only too happy to share good advice. If you’re playing online, then King Billy Casino appears to only have volatile slots. That’s thanks to low nets and a great RTP.

Penny Slots Strategy 

Casinos are businesses, and they need to show a healthy profit. That’s simply the money every gambler loses. So making a profit in the casino is a very tall order, as everything is designed for the opposite effect. When it comes to penny slots, the first thing to check is the RTP. The less money leaving your pocket, the better. Yes, you may well score a hot run and make some serious winnings during a couple of hours. If you do have some winnings, and this advice goes for winnings from all casino games, then be sure to put some to one side. So many winners immediately shove all their winnings back into the machine and end the evening broke. To that end, you should always set yourself a gambling limit. And make those limits realistic, based on your real bankroll at the time and expected hourly losses. 

It should be obvious by now, that trying to be a winner on penny slots is not the best option in the casino. But if you take care of your playing, then you can certainly stretch out your bankroll to have more fun. And, let’s face it, that should be the sole purpose of gambling.

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