Best Penny Slot Machine To Win On
- How To Win At Slot Machines
- Best Slot Machines To Play
- Best Penny Slot Machine To Win One
- Best Slot Machines At Casinos
- What Is The Best Penny Slot Machine To Play
Slot machines often get a bad rap from gambling writers. But the truth is, slot machines are the perfect gambling activity for certain types of people. They’re easy to understand, they’re easy to play, and they offer the possibility of big winnings.
According to the Nevada Gaming Control Board (NGCB), casinos in the Silver State won $6.3 billion from slot players during 2017. Of that amount, $3.17 percent – or a hair more than half – was claimed by the penny slots, while multi-denominational machines took in $3.13 billion. Slots with the lowest minimums are often called penny slots. Slots that you can play for $.01 do exist online, but they’re getting harder to find. So for those of you looking to get the most bang for your bankroll on the video slot machines, we’d like to offer our list of the top ten best slots with the lowest minimum bets available.
The unicorns that most gamblers are looking for in the casino, though, are the loosest slot machines. What does that mean?
When a gambler describes a slot machine as “loose” or “tight,” she’s usually referring to the payback percentage for the game. Slots with a higher payback percentage than average are loose, while slots with a lower payback percentage than average are tight. Loose slots usually have a higher hit ratio than tight slots, too.
You’ll find plenty of inaccurate information about how to find the loosest slot machines in the casino. I try to avoid most of those inaccuracies in this post, but I do want to begin with a warning:
The probabilities involved with slot machines are “opaque.” That means you don’t have any way of knowing what the payback percentage for any particular slot machine game is. The random number generator that determines the outcomes is programmed to have each symbol come up with a certain probability, but there’s no way of knowing if that number has been set to 1/6 or 1/60. Even observing a large number of spins only provides limited insight into these probabilities.
You do know what the payouts are for the various combinations. But since that’s only half the equation, you can’t really know whether a game is loose or tight except anecdotally. I’m going to assume that anecdotal evidence has some value, but in terms of math, science, and statistics, anecdotal has no value at all.
1- Look for the Loose Slot Machines in the Locations Where Loose Slot Machines Are Found
Casino mapping is a real thing, but it’s not as simple as some gamblers would have you believe. If finding the loose slot machines were as easy as just playing the games located nearest the walkways, everyone would play those games to the exclusion of the other games.
That being said, it might be worth giving those games a try if they look like fun. They’re not more likely to be tighter than the other machines than any other game on the casino floor.
I’ve read that some areas in the casino have lower payout machines than others, and it might be wise to avoid games in those areas. These might include:
- The main slot machine floor. These games probably see the most action, so it would make sense for them to have lower payback percentages.
- Near the table games. These games see more than their fair share of action, too. The same reasoning would apply.
- Near the poker room. I’ve seen some gamblers swear that these are the worst machines in the casino. You have to wonder about a poker player who spends a lot of time playing slots, though.
Of course, there are other locations where the loosest machines might be located. Depending on whom you believe, these might include:
- Anywhere that gets more traffic than usual. For example, if a slot machine is located near the elevators, it might have higher payouts to attract play from someone who might not otherwise play.
- Anywhere that another gambler recommends. This is, of course, the classic mistake—relying on anecdotal evidence. It’s possible, though, that you might find a slot machine player who’s been paying close attention and knows where the loose machines are.
In fact, that leads me to my next point…
2- Don’t Be Afraid to Ask
The obvious person to ask about the location in the casino of the loosest slot machines is someone who works there. This isn’t a guarantee that she’ll be able to direct you to a loose machine, but she might have some insight based on her observations. Depending on how long she’s worked at the casino, she’s probably seen tens of thousands of even hundreds of thousands of gamblers over her career there. She might have noticed that a lot of them seem to be winning on slot machines in a certain location.
If you’re dealing with a cocktail waitress, it’s a good idea to tip generously. For that matter, no matter what they do at the casino, if they try to help you find a loose gambling machine, tip them. At some casinos, employees are forbidden from suggesting specific games. Sometimes you’ll find casino employees who just don’t want to be bothered with such concerns, too. Don’t be a jerk if that’s the case.
3- Don’t Play Slot Machines That AREN’T in Casinos
In towns like Las Vegas, slot machines are everywhere, in all kinds of businesses. Every bar in the city seems to have some slot machines. The airport is full of slot machines, too. You can even find slot machines in the gas stations and convenience stores.
We know one thing for certain about slot machine games in these non-casino locations:
Casinos, on the other hand, are competing with other casinos for the mindshare and hard-earned dollars of the casino gamblers. Since they’re in competition with the other casinos, they must offer payback percentages that are as good as their competitors’ or better.
This is one ironclad rule for finding the loosest slot machines in the casino:
ONLY play slot machines in a casino, not the slot machines in other businesses. That’s as good a starting point as any. The difference could be as significant as the difference between a 94% payback percentage and a 74% payback percentage.
Assuming you’re a conservative, low-stakes player, here’s the difference in predicted hourly loss between those 2 examples:
- Assume 400 spins per hour at $1.25 per spin, for $500 per hour in action.
- A game with a 94% payback percentage will see predicted losses of $30/hour.
- A game with a 74% payback percentage, though, will see predicted losses of $130/hour.
If that difference doesn’t seem significant to you, what are you doing playing penny slots anyway?
4- Look for the Plainest, Most Boring Games with the Fewest Paylines
Generally, the slot machines with lots of paylines have lower payout percentages. They’re able to compensate for this psychologically by having a high hit frequency. With 25 paylines, you might win something on almost every spin, even if it’s an amount lower than the amount you wagered in total.
For example, you might be playing a penny game with a max bet of 5 coins and 25 paylines. You’re betting $1.25 every time you spin the reels. Many times, 1 or 2 paylines might win, but the payout on those bets might only be 50 cents. That’s a lot compared to the nickel you bet on that individual payline, but you bet on 25 paylines, remember?
Since such games have no bonus features or bells and whistles, the casino can afford to have them pay out more than the big fancy games. I had a lot of fun on The Big Lebowski slot machines recently, but I can’t even imagine what such a big impressive game like that must cost a casino. The cost of the machine alone must be outrageous.
5- Stick with the Flat Top Slot Machines
Slot machines can be broadly lumped into 2 different categories:
- Progressives
- Flat tops
A flat top slot machine is a game with a jackpot (top prize) of a fixed amount. This amount is usually 1000 times the size of your bet, give or take.
For that matter, you probably won’t get rich playing progressive slots, either. The odds of winning the jackpot are just terrible, comparable to playing the lottery. Sure, some people win the lottery. But I can’t imagine playing a game with a house edge that large repeatedly, hundreds of times per hour.
6- Play the Highest Denomination Game You Can Afford
You’d probably be surprised to know that penny slots are often as expensive to play (or even more expensive) than dollar slots. Here’s why:
Most penny slots require you to wager 5 credits or more per spin. It’s also hard to resist betting on multiple paylines. It’s easy to find a game with 5 coin bets on each line and with 25 paylines. Before you know it, you’re betting $1.25 on every spin.
But you could switch to a dollar slot machine and probably do a lot better. For one thing, you could just bet a dollar per spin on a single payline. Now you’re betting less per spin than you were on the quarter machine. But what’s really impressive is the difference in payback percentage.
Suppose you play 600 spins per hour on that penny machine. You’re putting $750 in action each hour–$1.25 per spin multiplied by the 600 spins per hour. With an 88.49% payback percentage, in the long run, you’ll average $663.68 back per hour. That’s an average loss per hour of $86.33.
No play those same 600 spins on a dollar machine, betting only a dollar on each spin. That’s $600 in action multiplied by 92.63% to get an average payback amount of $44.22. You’ll lose HALF the money on the dollar slot as you would the penny slot! That’s a significant difference, and one you should take note of.
Just be careful and read the pay tables. Slot machines vary a lot from one machine to another, and you should always play enough coins to activate the biggest jackpot. If the ratios change based on playing for fewer coins, you want to avoid that game or bet max coin. You might be surprised at how many slot machines DON’T require you to place a max coin bet, too, though.
7- Try Online Slot Machines
Since online casinos don’t have all the brick and mortar expenses of land-based casinos, their games sometimes offer higher payback percentages. You must balance this with the trustworthiness of the casino, though. Some internet casinos are notoriously hard to cash out of.
Of course, if you stick with the casinos recommended on this site, you probably won’t have to worry about that. Our team of casino reviewers and researchers has thoroughly vetted the properties we list here on our site.
And if you take how competitive they are as a measure for how loose their games must be to attract customers, you’ll find that the casinos on the web are even more competitive than the casinos in Las Vegas.
8- Track Your Results and Make Some Assumptions
I recently visited a casino and tracked my results carefully on a machine. Of course, there’s nothing especially scientific about 200 spins on a machine, but you’re still operating from more data than most players if you do this.
It’s not hard to project a payback percentage, either. Start by writing down how much money you put in the machine. Then count how many spins you make on that machine. When you cash out of the machine, take a note of how much you’ve lost. You multiply the number of spins you made by how much you were betting per spin. You divide the total amount of money you lost by how many spins you made. Then you know the average loss per spin and can convert it into a payback percentage.
In my case, I was betting $1.25 per spin, so I put $250 in to action over 200 spins. I lost $50, which amounts to 25 cents per spin. 25 cents divided by $1.25 is 20%, which is the house edge. The payback percentage is the amount you get to keep—in this case, 80%. (You just subtract it from 100%.) Your goal is to find a payback percentage that’s better than average. Tracking your results this way also makes playing slot machines more interesting, because you have something to pay attention to.
How To Win At Slot Machines
There’s no scientific way to find the slot machines with the best payback percentage—the loosest slot machines. We have some ideas that are something more than guesswork, but they’re also a far cry from anything scientific.You can follow every piece of advice in this post and still lose more money at slot machines than you ever thought possible. My suggestion is to keep a careful budget for your gambling, and only play with money you can afford to lose.Gambling at a casino—especially on slot machines—should be considered an entertainment expense. Budget for it accordingly, and if you occasionally win, great. But don’t count on it.
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Table Of Contents
Penny slots are at the foundation of modern gambling. Penny slot machines have been the most popular ones in the United States for decades.
People would pay their buy-ins with nickels and hope for the best.
When Bally came out with their now famous 'Money Honey' slot, players enjoyed the fact that they were allowed to play for up to five nickels at a time.
Don't be fooled by the fact that the word 'penny' is used to describe these games. Penny slots are not as cheap as they sound.
The first things that pop into your mind when you hear the words 'penny slots' might be low payouts and low costs.
In fact, casino penny slot machines were also viewed as slots that cost nothing but a penny to play, which can't be further away from the truth.
New Penny Slots: 2020 Addition
We've decided to expand the list and present you with a few extra penny slots that have become increasingly popular in 2020.
Take a pick and try out a new penny slot:
Double Tigers
Double Tigers is a well-designed penny slot with 3-reel, 8-payline and d 96.43% RTP.
You also get to adjust the volatility levels thanks to their unique Volatility Levels™ feature.
Necromancer
Evoplay Entertainment has really taken that extra step towards improving the slots experience when they came up with this VR-inspired 95.9% RTP game.
Throw on your VR set, grab your mobile and transport yourself to a place where scary things are happening.
Best Slot Machines To Play
The three-dimensional penny slot world offers you 80 betways and a type of gameplay that you don't see often in gambling.
Disco Bar 7s
With coin value ranging from $0.01 to $50, the max bet you can place on Disco Bar 7s is $500.
It's a classic video slot, so there isn't much going on in terms of bonus rounds, but fill up the spots with Disco Ball wild symbols and score a 10,000-coin win.
This 3-reel, 10-payline slot features an RTP of 95.96%.
Care to see our all-time top 10? Scroll down and enjoy the list and reviews of the best 10 penny slots in 2020!
Top 10 Penny Slots
Penny Slots are more than sitting down in front of a machine and popping nickel after nickel into it, after which you pull the 'arm'.
In fact, today's online penny Slots are an extrapolation of the old ones.
Penny Slot | Theme | Play Online |
---|---|---|
Book of Dead | Egypt | Go to Game > |
Golden Colts | Wild West | Go to Game > |
Blaze of Ra | Egypt | Go to Game > |
Pirates Charm | Adventure | Go to Game > |
Vikings Go to Hell | Mythology | Go to Game > |
Divine Fortune | Mythology | Go to Game > |
Wild Wheel Big Money | Riches | Go to Game > |
Valley of the Gods | Egypt | Go to Game > |
Gold King | Riches | Go to Game > |
Temple of TUT | Egypt | Go to Game > |
These penny Slots are multi-line games allowing for more than one coin bet per line.
With themes like popular movies, shows and games, but also bonus features and special symbols, these penny slot machines represent the best there is in the gambling industry today.
But enough with the chit-chat! You're here to learn about the best penny Slots you can play right now.
Below you can find a list of 10 greatest penny Slot machine games to play online.
The sites that offer these games offer both free penny Slot machines and free penny Slots with bonus rounds, you'll surely find the favourite suits you best.
All you have to do is pick your favorite, as millions of players around the world vouch for the quality of these very best 10 games.
Book of Dead
We've already mentioned this penny slot, but we'll do it again, this time in more detail.
This penny video Slot is extremely similar to the famous 'Book of Ra', yet still has some new features that will ensure good gameplay, emerging the player into the mysterious Egyptian-theme world the game depicts.
There are 5 reels and 10 paylines in the Book of Dead online Slots game.
The symbol to look for is the Book of Dead, which acts like the Wild and the Scatter of the Slot.
Golden Colts
If you get over the fact that this game is one of the creepiest out there, then you can start thinking about the Mega Symbols, Wild Reels, Stacked Symbols, Wilds, Scatters, Free Spins, and other features Golden Colts has to offer.
Blaze of Ra
Here's another Ancient Egypt virtual world for the fans of gods and amulets to explore .
The 5 reels are covered by 40 potential paylines, which is great considering the screen is cut into 4 rows and 5 columns.
The graphics of this game are very high-quality.
You have your desertic background with pyramids at the back of the reels, while the mighty god Ra stands on the left of the screen, watching your every move.
Land on a Scarab, the Scatter of the game for bonus rounds with free spins.
Pirate's Charm
This Quickspin penny Slot has a Mystery Charm Respin feature which lets you re-trigger bonuses repeatedly in the game.
The thing that makes this game stand out is the possibility to play on up to 243 paylines, which is why many players consider Pirate's Charm to be one of the best Slots ever produced by Quickspin.
As a penny Slot, you can start betting from as low as $0.2 on one spin.
The game feels like the movie Pirates of the Caribbean, offering great visuals and a theme song fitted for a pirate's life feel to it, with stunning visuals and a very nice pirate soundtrack.
Then, if you need more Slots of this kind, have a look at our curated list of the best pirate Slots.
Vikings Go to Hell
We are all familiar with the stories about the courageous Nordic Vikings, the rulers of the Scandinavian seas and the lands surrounding them.
Vikings Go to Hell is a 5-reel, 4-row, and 25-payline Slot featuring the last recorded years of these amazing people.
Of course, the story is fantasized, so the Vikings have to take on the demons of the underworld in order to make it out alive.
Look for the Sticky Wilds which will enable multipliers and free spins once they appear on your reel. The minimum bet? Just $0.1 for one spin.
Divine Fortune
Here's another penny video Slot to consider if you're into Ancient Greek-themed Slots.
This visually gorgeous game will emerge you into the world of the gods with its 5-reels, 3-rows configuration and 20 pay lines.
Having an RTP of 96.69%, Divine Fortune can be more like a 'Divine Comedy' when you land on some Wilds, for example.
There are also three progressive jackpots scattered throughout the game.
Wild Wheel Big Money
Wild Wheel might be just a penny Slot, but don't be fooled by that, as it has one of the most impressive arrays of bonuses in the industry.
Piggy Banks, Wads, Gold Coins, and Dollars, but also Gold Bars and Cash Suitcases, these are the symbols of this Slot.
When you land on 3 Wilds, you get to play the Wheel of Fortune Bonus Game. This is the feature you should hope to become familiar with since it is the best one in the game.
Valley of the Gods
Are you ready to take another trip to Ancient Egypt?
With nice, yet simple graphics, good sound effects and bonuses, Valley of the Gods is one of those Egyptian Slots with a simple gameplay but a great return for their players.
This game by Yggdrasil has the Anubis and the Horus statues as its most rewarding symbols.
The Return to Player rate is 96,2%.
Gold King
With the Gold King Slot, you won't get to earn all the gold on the planet, but at least can spend some time playing a game with good graphics, sounds, and gameplay.
The simple 5 reels, 3 rows, and 20 paylines make this game a favorite with both the novices and the experienced players alike.
Released only a few months ago, this new Slot game is already a hit and the symbols to look for are the Gold Bars and the Gold Kings, for free spins and other bonuses.
Temple of TUT
Remember the famous story of the discovery of King Tutankhamen’s tomb?
How about you yourself take on the trails of Howard Carter and George Herbert and try to figure out the mystery surrounding this Egyptian figure?
In Temple of TUT, there are more Super Reels than there are tombs in the Valley of the Kings in Egypt!
Land on 5 Free Spins Symbols and you will activate whopping 30 Free Spins.
The Stacked Wilds can be randomly discovered after any normal spin, but the symbols to look for are the Light beam and the Golden Scarabs.
Good luck not catching a cold, or a deadly Ancient Curse...
Penny Slots FAQ
It all depends on what you're looking for. Penny slots are amazing for players who like to spend time getting to know the slot machine and spinning reels without the pressure of making bug bets.
Penny slots are great because you can bet as little as $0.01 while you're still learning the ropes, but if you're looking to land some wins, you will probably need to increase your bets. There is no single trick that will help you win on penny slots every time, but slot strategy tips will come in handy.
Best Penny Slot Machine To Win One
Generally, if you want a penny slot machine with the best odds, you should aim at those with RTP over 97%. Progressive jackpots, bonus rounds and free spins features should also be taken into account when you're deciding how much you could win on a particular slot.
Best Slot Machines At Casinos
What Is The Best Penny Slot Machine To Play
It's hard to say what penny slot game is the best to play because it varies from person to person. We've put together many great penny slots, so skim through the article and see what strikes your fancy - this list of top penny slots will have your new favourite on it.
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