Do Penny Slots Really Take Pennies
Are They Worth Playing?
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Penny slots, with their low cost per game are a great option for those without a lot of money to spend, and the payoffs can be excellent if follow a few guidelines. Take only as much money as you're willing to lose to the casino. Jul 13, 2011 A dollar on the dollar slots or a dollar on the penny machines? I wonder sometimes if I should just take my money and play the dollar slots to receive a better payback. Thanks, Linda. Dear Linda, Here are the pros and cons of dollars and pennies: The dollar machines will tend to have higher long-term paybacks than the penny machines.
- Play The Best Free Casino Penny Slots Machines COM With No Download Registration! One of the more popular chance games offered in the virtual world of gambling is the penny slots machines. Penny slots always have a special appeal to individuals be it at a real casino or an online casino.
- Are there still penny slots at the Flamingo that take actual pennies? Or are the slots all computerized & tied to your room key card? There are still penny slots, they do not take pennies. Try downtown at the D, they have or had and upstairs that took real coins.and had plastic buckets!
Do Penny Slots Really Take Pennies Free
Did you know that the average income in 1913 was $4,000? That every penny back then is worth a quarter in today’s dollars? [1]
Okay, but what does that have to do with penny slots?
A lot. Let me explain.
Back then playing penny slots was a much bigger deal. Every penny you risked made up a much larger percentage of your income than it does today. Never mind playing 40 lines (had they been around) – that would’ve equaled almost $10 per spin today.
So back then you’d get pretty dang excited hearing 100 pennies hit the tray. CLANG! CLANG! CLANG! That’s the equivalent to one-third the average weekly salary. A big deal, to say the least.
But that’s hardly the case nowadays. Hell, what does a penny get you anymore? Even Obama is open to getting rid of the penny. [2]
So that brings us to a very important question:
Should You Even Bother With Penny Slots Anymore? Are They Worth Playing?
I think so. Let me give you a few reasons why (below).
1. You can win lots of money, for starters.
You’d be forgiven for thinking you could only win hundreds of thousands – or even millions of dollars – by playing the costly progressive slot machines. Nothing against them, but I have no desire to spend $5 or more per spin. Do you?
And that’s okay, because it’s 100% possible to win life altering money playing penny slots. Here’s one of many examples:
In 2006 a 66-year-old man in Nevada stuck it rich when he won the largest amount ever recorded from a Penny Megabucks machine. How much did he win?
Oh, only $18,799,414. [3]
But lets make something clear – this isn’t normal. I am not saying you’re going to win millions of dollars. The odds are against you, honestly.
I’m only saying that it’s possible.
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2. Some of the coolest machines are penny slots.
Just check out some of the slot games you can play:
- The Dark Knight
- The Dark Knight Rises
- 60s Batman and Robin
- Wonder Woman
- Superman
- Hitman
- Wizard of Oz
- Monopoly
- Life
- Clue
- Willy Wonka
- Star Trek
- Iron Man
- Wheel of Fortune
- Lord of the Rings
- Grease
- Jeopardy
This barely scratches the surface – there are TONS more where these came from. And they come from the best slot software companies, such as:
- BetSoft
- Real Time Gaming
- Microgaming
- Playtech
- Bally
- IGT
- WMS
- Aristocrat
One thing to keep in mind though –
Where you live will determine what slots you can or can’t play. For example, players in the United States can only play penny slots from BetSoft or Real Time Gaming. Software companies like Microgaming and Playtech don’t cater to US-friendly casinos.
3. You can still play for (and win) slot jackpots.
Think you can only win jackpots by playing those big, expensive dollar machines?
Well, you’d be wrong. Many penny slot machines have jackpots you can win.
For example, a few weeks ago in Missouri I was playing a random slot machine. It had two jackpots – one was for smaller stakes and the other for larger stakes. I happened to win the smaller one for $30. The cool part is this jackpot HAD to payout before it reached $40.
And here’s another example…
The wife and I enjoy playing the Adventures to Neverland slot. This has a progressive jackpot for each of the characters – Captain Hook, Peter Pan, Wendy and I think Tinkerbell. Whenever you play a bonus round you have a chance to win one.
Then you have my example above where people have won millions playing penny progressive slots.
So the jackpots are out there – you just have to find them. (And a good way to do that is to visit our recommended casinos above or read our casino reviews.)
4. You can try them out for cheap.
Maybe a machine catches your eye, but you have no idea if you’ll like playing it. The theme might suck or maybe it doesn’t have bonus rounds.
The good news is penny slots let you find out for cheap. You can wager as little as one cent, which means you won’t lost more than $3-$6 (on average) in an hour.
Plenty of time to decide if the machine is any good.
Then once you do then bet all the lines (for $12-$30 per hour). At that point you’ll be having fun and increase your chances at hitting something good.
Pro Penny Slot Tips
I wanted to wrap this page up with some tips for playing penny slots. These tips will help you online or in a brick and mortar casino. So lets get to it.
1. Be careful! You can spend money fast playing penny slots.
Yes, you’re only spending 1-60 cents per spin. But keep in mind you can make 400-600 spins PER HOUR. Do the math:
- 1¢ = $4-$6/hr
- 60¢ = $240-$360/hr
And that’s only at one bet per line. You can usually make 3-5 bets per line, which means you can spend upwards of $1,800 per hour.
2. Some machines payout more often or trigger more bonus rounds than others.
One thing I have noticed is that some machines are just setup to payout more, and more often. The same goes for bonus rounds.
So I suggest finding a machine that does. Because even if you’re not winning any money, at least you can have a good time playing mini-games and getting small wins here and there.
3. Get a players card.
Remember what I said above about how much money you can spend on a penny slots?
Contents.Dungeons and Dragons Crystal Caverns Slot GameDungeons and Dragons Crystal Caverns slot is a fantasy-themed game from the popular Dungeon Dragons and treasures tales that was a part of life in the pre-industrial Europe.IGT gaming software provider is, however, recreating the experiences through the one-of-a-kind Dungeons and Dragons Crystal Caverns slot game.The first screen is that of a crystal cave that appears to be harbouring treasures.
If you get a players card then all that money you spend will contribute to you getting more spins (which can turn into LARGE WINS), cash back or, if you’re playing live, buffet or drink coupons.
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4. Find a machine with bonus rounds and jackpots.
Even if the winnings won’t often be as big as the larger denomination machines, hitting any kind of jackpot or bonus round is exciting. And any sort of winning – no matter the size – will give you something to talk bout with your friends later.
And that sounds like a good time to me.
Sources
Online Penny Slots
Again, many gamblers play penny slot machines under the assumption that they’re dealing with inexpensive games. What they don’t realize, though, is that these slots can take their money just asfast as any others.
A penny slot is named for the fact that it only charges you $0.01 per line. However, they usually require you to play a set number of lines.
Land-based casinos normally make you play anywhere from 50 to 300 lines per spin. You’re therefore wagering between $0.50 and $3 on each round.
Of course, you may not think this sounds so bad when considering that you have 50-300 chances to win. But herein lies another problem in that the lines have low odds of hitting.
Do Penny Slot Machines Take Pennies
Every penny slot differs in terms of the hit frequency per line. However, you can almost always guarantee that you have very low odds of winning on any given line.
Sometimes, you’ll spin the reels on a 300-line slot and wind up with nothing. You’ve gone zero for 300 in this particular spin.
Considering the low win frequency of the average penny game, many gamblers quickly burn through their bankroll on these slots.
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Newer players may even think that they’ve been robbed when their funds quickly vanish. The same gamblers are very unlikely to sit down to a slotmachine anytime in the near future.