Penny slots are peoples favorites in Las Vegas. Whenever you enter Bellagio or MGM Grand you can see people spinning slots with mere pennies for the chance to win hundreds or even thousands. In the recent years online penny slots have gained popularity in the legal online gambling states. But what are penny slots and how do you play them? BonusFinder US explains.
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, Lobstermani, and Finn and the Swirly Spinn. You can find penny slots from 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 our free spins bonus, and head to an online casino to play.
⭐ How to Play Penny Slots at Casinos
Da Vinci Diamonds is one the games you can play with $0.01 line bet.
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 at an online casino like BetMGM or DraftKings Casino. 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 games from the casino lobby. Casinos organize games into categoriez 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 I know if a Game is a Penny Slot?
If you can set the coin value at $0,01 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 as many win lines as you can. 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.
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.
⭐ How to Win at Penny Slots
Dead or Alive is a penny slot that gives you free spins.
No one can guarantee that you win real money from free slots. However, if you want to win at penny slots, there are certain actions that maximize your chances of winning.
Choose the Right Game
Choosing the right penny slot is extremely important. Different 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% return to player will return on average $97 for every $100 wagered. You should also consider the volatility of the game. Games with high volatilty pay out a lot, but not very often. Lov volatility games do the opposite.
The best way to increase your win percentage is to use 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. Deposit bonuses on the other hand give you a massive bankroll that you can use for a long time.
Manage Your Bankroll
It’s also very important to manage your 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.
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 whole thing, which can easily climb up to six figures. Jackpot slots give you the biggest chance for winning, but they aren’t the best machines for paying out smaller winnings. If you don’t hit the jackpot, you’ll run out of bankroll faster than when playing regular slots.
Last updated: 03/14/2022
How do I know if a game is a Penny Slot?
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.
What are the best penny slots?
Some of the best penny slots include Starburst, Dead or Alive, and Lucky Larry's Lobstermania. You can read more about the best slots on our best penny slot games page.
Can I win big on penny slots?
Yes. Progressive jackpot slots like Divine Fortune can pay out six figures. However, these wins are quite rare.
Where can I play penny slots?
You can play penny slots at every regulated online casino in the US. For a list of regulated online casinos in your state, check out our online casinos page.
Riku is the Editor in Chief at BonusFinder and is a global expert in casino, sports betting and poker.
Riku was a professional online poker player for 10 years where he has played against some of the world’s best known pro-players such as Phil Ivey and Doyle Brunson. When not playing poker Riku was exercising his passion for sports betting and developing his expertise for casino games.
Riku as Editor in Chief oversees all the research and writing at BonusFinder. He also spends hours weekly speaking with the US casinos and sportsbooks to make sure everything is up to date to make sure you can "Play With More"
Riku has been recognized as an expert in the field and led the BonusFinder team to several gambling award nominations including:
EGR North America Awards 2020 - Affiliate of the Year
EGR Operator Awards 2019 - Casino Affiliate of the Year