Can You Win Big On Penny Slots
Penny slots, though their name may imply otherwise, are not as big of a waste of time as you might be led to believe. In fact, as far as risk and reward are concerned, there are few games that require you to risk less with the allure of winning more.
- Can You Win Big On Penny Slots Real Money
- Can You Win Big On Penny Slots Today
- How To Win Big On Penny Slots
- Can You Win Big On Penny Slots Jackpot
- Can You Win Big On Penny Slots Slot Machines
If you ever think about not max betting, just get up and walk out of the casino. If you’re playing penny slots, the only way you can get a max return on your investment is to wager max bets. You aren’t sure when you’ll spin a winner, but when you eventually do, you’d absolutely hate it if your winnings totaled to a grand 50 cents. You’re playing 100 lines on a penny slot ($1 bet) You win a $0.20 payout on one line; While the win is nice, you’ve technically lost $0.80 overall; Stepping back, anybody can logically see that this is a losing long-term proposition. And $0.20 payouts don’t make up for the loss of $0.80. Penny slots are provided in two versions – free and real money play. The latter grants players the chance to collect big wins in the form of actual cash since the same is used in the placement of stakes. The free options can be used to sift through the numerous games featured online to find the ideal one for real money bets. Choose high RTP games.
Penny slots. This is the one game at the casino that everyone from the broke 21 year-old newbie to the veteran 75-year-old grandma can afford and play.
However, even though penny slots are one of the most popular games at any casino, it’s amazing how many people still aren’t sure how and where to play them. Lucky for you, that’s what we’re here for.
Here are 3 key tips to help you take down those penny slots and get the best ROI on your investment.
Max Bet
Always max bet. If you ever think about not max betting, just get up and walk out of the casino. If you’re playing penny slots, the only way you can get a max return on your investment is to wager max bets. You aren’t sure when you’ll spin a winner, but when you eventually do, you’d absolutely hate it if your winnings totaled to a grand 50 cents.
Additionally, many times you’ll get additional spins once you win and a max bet can net you up to 10,000 free spins depending on the casino. You can do a lot of damage in 10,000 spins so just keep the game going as long as you can to give yourself the opportunity to cash in big.
Matching Deposit Bonus
This is very common for online casinos, but it’s becoming more and more prevalent in land-based casinos as well. If a casino offers a free cash bonus, like any sane person, you should jump on this offer (just be sure to read the terms of the bonus, that is always good practice.)
For example, some casinos will offer you a 100% matching bonus, which means if you deposit $200 into the machine, the casino will match and bring your total deposit to $400. The best part about this type of bonus is that you have no choice but to deposit anyway, so this is really a no-lose, best case scenario type of bonus.
Look around and make sure you head to a casino that A) matches up to 100% of your deposit and B) does it more than once. Some casinos will re-top you up on your 2nd deposit as well.
Payout Percentages Are King
In addition to the deposit bonuses, you also want to play at a casino that’s known for its high payout percentage for real money slots players. Think of it this way – you would much rather go to a restaurant with the best food, right? Or you’d rather go see a sports game that features the best teams playing it. This is the exact same concept.
Why go to a casino that pays its slot players less than its competitor? Look around, check online for casino payout percentages, and work your way to the highest one. All of this work needs to be done before you even walk in and pull a lever on a machine, so you pre-assessment is absolutely key to your success. You don’t want to sink your chances of winning before you even get started!
There you have it. Follow these three steps and maybe, just maybe, you’ll be able to cash in on your penny investment and become the godfather of Las Vegas for an entire weekend. If you want to hone your skills, may we suggest playing at Slots of Vegas casino today
Relevant news
What is the Payout Percentage for Slots?
If you’re interested in playing slots, one of the first things you should learn about…
read more +4 Lucky Colors and What They Mean
What you wear may affect your gambling odds. Find the color that fits your goals…
read more +Slots for Dummies: 5 Things You Should Know
Slots are one of the easiest games to play in a casino, but even then,…
read more +3 Craps Strategies, Why they Work, Why they Don’t
There are two types of betting strategies: conservative strategies that involve making one or two bets…
read more +70 Ways to Say Good Luck
Keep it simple. Want to keep it secular, or cut the idea of luck out…
read more +Can You Win Big On Penny Slots Real Money
10 Luckiest Names
Parents choose names for many different reasons. Sometimes a name carries a family tradition, or…
read more +The name “Penny Slot” is something of a misnomer. Most people who don't know better might assume that a penny slot costs a penny to play but that's not the case. For decades, the most popular slot machines in U.S. casinos were nickel slot machines. In the late 1960s, Bally Manufacturing developed an innovative machine called the Money Honey, a penny slot that could be played for up to five coins simultaneously. These multi-line machines that accepted multiple coins per line were a hit with players—despite the fact that they were playing more per pull of the one-armed bandit's handle.
Can You Win Big On Penny Slots Today
The New Penny Slots Offer Extra at a Price
The new penny slot games offer their fair share of electronic excitement with such features as theme songs from popular game shows and movies, bonus screens, and special mystery payoffs. However, all of these extras come at a cost. The most popular games from the Japanese video conglomerate Konami including 'Race Driver' and 'Beat the Field' require a minimum of 50 coins amounting to a dollar per spin. Several other manufacturers have games with up to 16 lines that require up to 100 coins per spin—totaling a whopping 1,600 pennies.
While slot manufacturer IGT offers a penny version of its popular 'Megabucks' game that can be played for just a few pennies, for the standard 'Megabucks' machine, which is a $1 variety, the player must play three coins per spin, or $3. On the new 'Penny Megabucks,' the player is required to play the maximum of 300 coins per spin, so the price is the same.
The Odds Are With The House
These machines are built to be both fun and addictive. They require a minimum number of coins/lines to qualify for the bonus screens (where the bulk of the payoffs are made). Players must make sure to play enough coins/lines to get the payoff when a bonus hits.
For someone to play a 25-cent video poker game, they'll have to play five coins in order to qualify for a 4,000-coin royal flush. That's $1.25 per spin for a chance to win $1,000. On most penny slots offering payoffs of bronze, silver, and gold, the big payoff is much harder to win than the 45,000-to-1 odds on a video poker game. Plus, the player will likely risk $2.50 to $5 per spin to win it. That adds up.
The Psychology of Small Payoffs
Human beings are creatures of habit and thanks to the lure of instant gratification are prone to gamble. When players consistently receive small payoffs, psychology kicks in. The mind tricks itself into believing, 'Great, I'm winning,' when in reality, the player's initial deposit is usually being frittered away to nothing.
Penny slots have the kind of high hit frequency that ropes players in. As fun and exciting as the promise of winning may be, most of the time, the payoff is actually less than the initial wager on a spin. In other words, the bells and whistles go off on a regular basis but for small payoffs. For example, a player might risk something like 100 coins and only get a payoff of 18 coins.
How To Win Big On Penny Slots
Play Responsibly
The main issue with gambling in general—and penny slots, in particular—is that as a player, you mustn't forget that your personal bankroll is considerably smaller than that of the casino. Bear in mind that if you budget $200 for a trip to a particular casino where playing a penny slot takes 250 coins per spin, you won't get nearly enough spins to make a dent in the long-odds of hitting a substantial jackpot before your bankroll is exhausted.
Fast Facts: Tips for Newbie Penny Slot Players
Can You Win Big On Penny Slots Jackpot
As with any form of gambling, playing the penny slot machines should be approached with caution.
Can You Win Big On Penny Slots Slot Machines
- Start by choosing just a few lines or just a single coin per spin.
- It's not recommended for players to automatically hit the maximum spin button.
- Read the help screen to find out how many coins it takes to have a bet on all the lines so you can better decide how many coins and credits to risk per spin.
Overall, players should enjoy their slot play, but never forget that gambling is gambling—especially on penny slots. A handful of pennies is still a dollar per spin. If you're playing more per spin, you'll bust-out fairly often—and it can happen very quickly.