β What Are Penny Slots?
Starburst, one the most famous penny slots, is a constant favorite among slot players.
Penny slots are slot machines where the minimum bet ranges between $0.01 and $0.10. They include some of the most famous slot machines like Starburst, Divine Fortune, Lobstermania, and Finn and the Swirly Spinn. You can find penny slots on almost every online casino and it is easy to start playing. In the following sections, we explain how to play penny slots online. If you are already familiar with penny slots, you can redeem a free spins bonus and head to an online casino to play.
β How to Play Penny Slots on Online Casinos
Playing penny slots is easy. You need to follow five simple steps: create an account, get money online, choose the game, choose the bet, and play. From start to finish the process doesn’t take more than 5 minutes.
1. Create an Account
You start by creating a new account on an online casino like BetMGM, and using the BetMGM no deposit bonus code BONUSMGM to get $25 for free. If you have an online casino account already, you can just log in to your favorite casino site.
2. Make A Deposit or Claim a Free Bonus
Next, you need a bankroll. You can do this by making a deposit. To make a deposit, you can use a variety of methods. For example, check out our PayPal casino list. Alternatively, you can also claim a casino bonus. Just remember that these offers have attached wagering requirements, and you can’t withdraw them immediately.
3. Choose Your Game
After you have your bankroll online, it’s time to choose a game. You can browse slot games from the casino lobby. Casino games are organized into categories based on features like type, provider, and theme. Some casinos have a search bar that makes finding your favorite game easier. If you don’t have any favorites, you can check out our best penny slots page.
How do you know if a game is a Penny Slot? It's simple: if you can set the coin value at $0,01 per line then the game is a penny slot. You can check this from the game settings menu. Usually you can also see the current coin value at the top or bottom of the game.
4. Choose the Right Bet
Penny slots offer you the chance to play with $0.01 a spin, but you don’t really want to do that. A $0.01 spin only has one win line. Instead, you should keep the coin value at $0.01, but choose all available paylines. This means that the total bet will be between $0.03 and $0.10. You can still spin for cheap, but you have a bigger chance of winning.
5. Play!
After you’ve set the $0.01 coin value and chose the maximum number of win lines, it’s time to play. Hit the spin icon and the reels will start spinning! If you don’t want to spin manually every time, you can also enable to autoplay feature next to the spin button.
Each penny slot machine is created using random number generators.
β How to Win at Penny Slots?
No one can guarantee that you win real money from free slots, so there are not specific penny slot strategies you can follow. However, if you want to win at penny slots, there are certain actions that maximize your chances of winning.
1οΈβ£Choose the Right Game
Choosing the right penny slot is extremely important. Different slot games have different RTP (return-to-player) percentages. The RTP means the average payout of the game in the long run. For example, a game with 97% RTP will return on average $97 for every $100 wagered. You should also consider the volatility of the penny slots game. Slot games with high volatilty pay out a lot, but not very often. Low volatility games do the opposite. Some games also have bonus rounds or side games which can bring big winnings and maximum payouts.
2οΈβ£Use Bonuses
The best way to increase your win percentage is to use casino bonuses. If you cash in one of our free cash money no deposit bonus casino offers, you don’t risk any of your own money. On the other hand, deposit bonuses give you a massive bankroll that you can use for playing penny slots online a long time.
3οΈβ£Manage Your Bankroll
A good penny slots strategy is to keep track of your gaming session, as it’s very important to manage your limited bankroll. Casino game RTP’s are based on averages, and you may run into long cold streaks. On the other hand, you might run hot for days on end. Therefore, it’s important to have sufficient funds at your account if you want to keep playing. However, you should always gamble responsibly, and only play with money you can afford to lose.
4οΈβ£Progressive Jackpot Games
Jackpot slots are slots where you play for life changing money. Also called progressive jackpots, they get their name from the fact that each wager contributes a percentage to the jackpot. When somebody hits the jackpot they take the life changing prize, which can easily climb up to even hundreds of thousands.
Jackpot slots give you the biggest chance for winning, but they aren’t the best penny slot machines for paying out smaller winnings. If you don’t hit the jackpot, you’ll run out of bankroll faster than when playing regular online slots.
β The Odds of Winning on Penny Slots
When it comes to the odds of winning at online penny slots, there are multiple variables to take into consideration. Like any online slots, virtual penny slot machines are all about luck. However, there are some indicators to the likelihood of winning at penny slots.
The concept of RTP was introduced above, so first have a look at the RTP. RTP reflects the payback percentage of a particular online slot game. It will always be less than 100%, but the closer to 100% the RTP, the higher of a chance you have to break even. Games with lower RTPs are less likely to return slot players their wager.
The second factor that affects the winning odds is the volatility of the online penny slot machine. Penny slots with high volatility pay out less frequently, but provide a higher chance of winning big.
Although there are these statistics behind the odds of winning big on penny slots, there’s one thing to keep in mind: these online games are still essentially random number generators. You can play slot games that don’t necessarily have the best odds or payout potential, get lucky, and still win big.
Games like Finn and the Swirly Spinn and Dead or Alive are a penny slots that gives slot players free spins as they spin the reels.
Last updated: 02/23/2023
β How to Play Online Penny Slots FAQs
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1οΈβ£ How do I know if a game is a penny slot machine?
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If you can set the minimum coin value at $0.01, then the game is a penny slot. Furthermore, every game where the minimum total bet does not exceed $0.10 is a penny slot game.
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2οΈβ£ What are the best penny slots?
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Most slot players would tell you that some of the best penny slots include Starburst, Dead or Alive, and Lucky Larry's Lobstermania, but each penny slots player has their own favorites. You can read more about the best video slots on our best penny slot games page.
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3οΈβ£ Can I win big on penny slots?
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Yes. Progressive jackpot slots like Divine Fortune can pay out six figures, just like in brick-and-mortar casinos. However, these wins are quite rare no matter how often you play slots.
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4οΈβ£ Where can I play penny slots?
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You can play penny slots at every regulated online casino in the US. For a list of regulated online casinos and their bonus features in your state, check out our online casinos page.
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5οΈβ£ Can I trick an online penny slot machine to win?
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No, you can't trick online penny slot games. Unlike in the urban legends of slot machines in brick and mortar casinos, there's no way to work around online penny slots. This applies to all casino games you play online: the game developers and casino providers have built the platforms so that there's no rigging.