What are penny slots?
Penny slots are the lowest denomination video gaming machines accept. Typically, penny slots are found in their own section on a casino floor, usually noted by an overhead sign. Penny slots work exactly as other video slots of larger denominations-press the button to spin the reels and hope the graphics line up in your favor.
Is it really only a penny?
In theory, yes. You can insert a penny in the machine to get one spin of the reels. It won't win you the jackpot and you probably won't hit on anything because you only are allowed to win on one line (usually the middle line). However, like most video slot machines, to increase your chances of winning and to increase the amount you could win, you'll need to play more than one line AND use a multiplier (this means playing more than one coin at a time-most slots allow players to use three to five coins). For example, if you hit three cherries on a line, one coin could pay back 10 pennies, two coins could pay back 20 pennies, and three coins could pay back 30 pennies. All of these extras costs more pennies-by the time you've added in all the extras, one pull could cost you several dollars.
Penny Slot Machine Risks
Because it's only a "penny," penny slot machines are the easiest on which to blow your budget. Insert a $10 bill into the machine and the screen notes that you have 1,000 "credits" with which to play. Initially, it seems like you could play forever -and in theory, you could, if you play one coin on one line, which is 1,000 pulls. Most gamblers don't do that-the coin multipliers and the multiple lines drain that 1,000 quickly. You keep hitting the max bet and lines, thinking, "it's only pennies." Ten minutes go by and those 1,000 credits are now down to 50. The next thing you know, you're feeding another $10 bill down the machine. Use caution!
Best practices:
If you're playing the penny machines to pass the time, don't use the max bet and lines on every pull and your money will last longer. If you're playing the max bet and coins on each pull, add up the cost of what each reel spin actually costs-you might be better off playing the dollar machines. Remember, it's not "just a penny" on those slots!
Published by Jessie Kay
Missy Jess enjoys writing about video games, home improvement tips and travel articles. In addition to writing, she enjoys long-distance running and fitness. View profile
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9 Comments
Post a CommentInteresting, and how true. You can sit down and start with 1,000 credits, but that could go very fast if you bet max. But like you say if you don't bet max you probably won't win. Most machines don't activate the bonus screens unless you play max. That is the excitement of most slots today.
It's easy to lose some serious money on those "bargain" penny slots! Thanks for the interesting article.
We have been visiting Vegas yearly for over 20 years now and it's been fascinating to watch the development of "penny slots." In Vegas, it's never a true penny slot as minimum spins are usually 20 or 30 cents and even more. Still, they are a blast to play. Nice article.
I'm such a cheap gambler, although I like the penny slots, my fav is the 5 cent machines. Nice article.
Amazing how fast your money could go just playing penny slots.
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Slot machines are not the same now that they use tickets - most of the indian casino's in Oregon use tickets and so does vegas. Although there are a few casinos that have special sections for the coins themselves but they are difficult to find. I love the sound of the slots not so much winning big money.
I have never been to a casino or played the slots. I might just take a trip to Atmore.
There was a lady here in LV who won a big amount (can't remember the figure) on penny slots...then a couple years later, she hit it again....maybe I should start playing penny slots:)