Slots are an inseparable part of online and offline casinos. Especially, the slots on online casinos come in a wide variety with catchy themes. There are progressive slots, multiline slots and even penny slots!
So, how to play penny slots? But before we get on to that, let us see what are penny slots. Unlike the name suggests, a spin on penny slot costs more than a penny. The “penny” refers to the minimum bet on a pay line and penny slots have an abundance of those.
1. How do Penny Slots Work?
The penny slots work just like any other slot machine. They come with a few differences like multiple rows and paylines. And the minimum bet per pay line is a penny.
Apart from this, penny slots have cool themes, many sizes and shapes, and also adventure-based games. They are easy to play and with low bets, they are a favourite with many players.
2. How to Play Penny Slots?
The answer is ridiculously simple! You play them just like all other slots. However, here is a quick rundown on all the steps.
- Pick a penny slot of your choice and check its RTP, paytable, pay lines, minimum bets, and other features.
- When you find the right penny slot, deposit your money.
- Choose the lines that you want to bet on. Remember, it is always beneficial to bet the minimum on more pay lines than betting maximum on a few lines.
- After placing the bets, just hit the button and wait for your luck to favour you with a victorious combination!
Another wise step would be to set a budget and adhere to it. Slots can be extremely addictive and zero your bankroll. Do not chase your losses, you might end up deeper in the mire. It is best to give up if you lose too many times in a row.
3. Some penny slot tips for you!
- Select the best penny slot
There is an insane variety of penny slots and selecting the right slot can be quite a challenge. But you should always look for the penny slots that offer multiple ways of winning. This increases your chances of winning. If possible, try to find out the game’s RTP and obviously, a higher RTP is always better.
Moreover, online penny slots are relatively affordable than offline ones. Do check out the online alternatives before you head out to a real casino.
- Do not go by looks
Casinos are smart advertisers and they know how to market their slots. The attractive themes, vivid colours, and jingling sound seldom fail to attract the crowd. But do not make hasty decisions just because the slots appeal to your eye. Do not let the payouts fool you.
The decorations are meant to distract you so you ignore the cost of playing. Calculate the rate of returns before you decide on a slot. Do not opt for teeny-tiny rewards when you can win big.
- Know the rules
Very few players take this seriously. But this is a smart move if you want to know how to play penny slots. Always check the rules, settings, betting requirements before you deposit any money.
You should also check the winning combinations and how much you will get paid if you manage to line them up.
Additionally, there are certain symbols that line up and get you free spins and other bonuses. There are typically known as wilds and scatters. Do check these out before you play as they can increase your chances of winning.
- Penny slots have low RTP
This should not come as a surprise as they are “penny” slots. In the long run, the penny slots have lesser RTPs than other types of slots. Of course, because the casinos should be able to offer games at a profitable cost to them.
Obviously, people hate losing money at casinos. And casinos are smart enough to develop innovative methods of luring people and making them part of the money. Just like we mentioned, penny slots are a favourite with players due to their low betting requirements. People surely do not mind losing a penny here and a dime there.
If you can afford $10 and higher slots, then you should consider those as they have a better RTP.
- Minimum and Maximum bets, which one is for you?
If you believe that you will have to bet maximum for every spin, then you are wrong. Suppose if you are playing a slot that costs $1 with 1 to 5 coins per spin, then the lowest bet would be $1 and the highest one will be $5.
But if you should bet maximum or not depends on the type of slot you are playing. In progressive jackpot slots, betting higher might influence your chances of winning. It is said that sometimes betting max unlocks more victory potential.
But when it comes to penny slots, this may not prove true. Many of the penny slots pay fixed rewards regardless of the betting size. It really depends upon your luck. Moreover, you may not get any side games or bonuses for standard spins.
In any case, going broke after some spins is not a smart move. You can play more rounds at reduced bets. Apart from this, big wins are possible over the short run. If you have a tighter bankroll, you should try to extend it as long as possible to make the variance work for you.
That’s all about how to play penny slots. Remember to select the right penny slot and bet smartly.