Having originated in the late 19th century, slot machines have been around for more than a while now. Today, slot players can choose from several slot game types such as 3D slots, jackpot slots, multi ways slots, mobile slots and more.
For players who prefer playing slot games with low minimum stakes, penny slots are the go-to choice. This guide covers all you need to know about penny slots, from penny slot stake amounts to playing strategies. Please stick with us!
What are penny slots?
If you have played online slots before, you’d know that they come with flexible betting limits. So, players can choose to place wagers that suit their betting preferences. In some slot games, the minimum wagering limit is as low as £0.01. Well, that’s a penny slot.
Penny slots are slot games that allow players to place wagers worth a penny. Quite great. But there’s a catch. Many penny slot games require players to have a minimum number of paylines active. So, the £0.01 wager can be £0.25 or £0.30, based on the number of paylines that needs to be active.
However, some slot games allow players to deselect paylines. That way, players can play the game for the minimum wage of £0.01. Of course, if you choose to play only one of 30 or 50 paylines, you’ll have a lower chance of winning than playing with all active slot paylines.
Why do penny slots cost more than a penny?
Back in the day, players had to wager just a single penny to spin the reels of a penny slot machine. This was the time of three reel and five reel slots with just one fixed payline. All players had to do was get the required winning combination on a single payline, and they’d win.
But the slot machine evolution has led to the advent of slot machines that come with multiple paylines. When playing slots online, there are dozens or hundreds of possible ways to win. Of course, the presence of multiple paylines makes slot games highly exciting. But it also means that players usually have to bet on every payline. And wagering on multiple paylines costs more than a penny.
How to play penny slots online?
As with progressive slots and other online slot types, getting started with penny slots is easy. Below is a step-by-step guide to playing penny slots online:
- First, you must choose the penny slot game you wish to play.
- Then load the real money version of the slot title. If available, you can check out the game’s demo version first.
- The next thing to do is to go through the slot game’s paytable. Here, you’ll find information on featured symbols, available paylines and other aspects of the game.
- After this, please choose the number of paylines you want to keep active and select your wager amount (it’s usually £0.01 for each payline).
- Once ready, click/tap on the ‘Spin’ button to initiate the spinning round.
And that’s it! If you have a winning combination, you’ll receive a payout per the game’s paytable.
A look at penny slot strategies
By now, you know that penny slots are played just like regular slot machines. So, any playing strategies and bankroll management systems used in RTP slots and slot tournaments can be applied here. Below are a few things to remember when playing penny slot games.
Pay attention to bankroll management
Sure, penny slots may be cheaper than other online slot games. But that doesn’t mean you should keep bankroll management out of the equation. As slots are luck-based games, having a long losing streak (even if you’re wagering a few pennies on each round) means your losses can quickly add up.
Play all the paylines
For some players, this may seem to contradict the main idea of playing penny slots. But it’s advice that you must consider. Sure, wagering on just a few paylines requires lower stake amounts.
But playing only a few paylines means you might miss some potential winning combinations that could’ve formed if all paylines were in play. You can check our mobile casino slots guide to know more about how slot paylines work.
Know when to stop
As serious slot players would tell, knowing when to stop is crucial for a fun and entertaining penny slot experience. At our site, you can find several responsible gambling tools that’ll help you play penny slots responsibly.