Best Way to Play Penny Slots ??? Best Tips from Casino Experts

In recent years, online slots have gained popularity in the legal online gambling states. But what are penny slots and how do you play them? BonusFinder US explains in the following guide.

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Penny slot machines are people’s favorites at any land-based casino in Las Vegas. Whenever you enter Bellagio or MGM Grand’s casino floor you can see people spinning slots with mere pennies for the chance to win hundreds or even thousands. Now slot enthusiasts can play slots online!

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? How to Play Penny Slots on Online Casinos

Like with most slots, playing online penny slots real money is easy. You need to follow five simple steps: create an account, get money online, choose the game, choose the bet size, and play. From start to finish the process doesn’t take more than 5 minutes.

  1. Create an Account
    You start playing slots by creating a new account on an online casino like BetMGM, and using the BetMGM no deposit bonus code BONUSMGM to get $25 for free. If you have an online casino account already, you can just log in to your favorite casino site.
  2. Make A Deposit or Claim a Free Bonus
    Next, you need a bankroll. You can do this by making a deposit. To make a deposit, you can use a variety of methods. For example, check out our PayPal casino list. Alternatively, you can also claim a casino bonus. Just remember that these offers have attached wagering requirements, and you can’t withdraw them immediately.
  3. Choose Your Game
    After you have your bankroll online, it’s time to choose a game. You can browse slot games from the casino lobby. Casino games are organized into categories based on features like type, provider, and theme. Most casinos have a search bar that makes finding your favorite game easier. If you don’t have any favorites, you can check out our best penny slots page.
  4. Choose the Right Bet
    When playing penny slots, you have the chance to play with $0.01 a spin, but you don’t really want to do that. A $0.01 spin only has one win line. Instead, you should keep the coin value at $0.01, but choose all available paylines. This means that the total bet will be between $0.03 and $0.10 per spin. You can still spin for cheap, but you have a bigger chance of winning.
  5. Play!
    After you’ve set the $0.01 coin value and chose the maximum amount of win lines, it’s time to play. Hit the spin icon and the reels will start spinning! If you don’t want to spin manually every time, you can also enable to autoplay feature next to the spin button.
BonusFinder guide to playing penny slots

Each penny slot machine is created using random number generators.

? How to Win at Penny Slots?

Much like with penny machines at land-based casinos, no one can guarantee that you win real money from free slots, so there are not specific penny slot strategies you can follow. However, if you want to win money with a penny slots game, there are certain actions and slot machine tips that maximize your chances of winning.

Choose the Right Game: How To Find the Right Penny Slot Machine

Choosing the right penny slot machines is extremely important. The sparkly facade of an online slot hides many different attributes, each of which contribute toward the gaming experience. First and foremost, consider the game RTP.

  • Different slot games have different RTP (return-to-player) percentages. Game’s RTP means the average payout of the game in the long run. For example, a game with 97% RTP will return on average $97 for every $100 wagered.
  • You should consider the volatility of the penny slots game. Penny slot games with high volatilty pay out a lot, but not very often. Low volatility games do the opposite.
  • Some games also have bonus rounds, whereas other games introduce side games which can bring big winnings and maximum payouts.
  • You can pick between flexible or free and fixed slots. The difference between the two is that fixed slots have a predetermined – or fixed – number of paylines, whereas ‘free’ slots give player the flexibility to choose between a range of pay lines.
  • The more paylines, the more possible winning combinations you get, but also the spin gets more expensive. Playing with a single payline is the cheapest option, but offers the lowest chances of winning.
BonusFinder Tip

How do you know if a game is a Penny Slot? It's simple: if you can set the coin value at $0,01 per line then the game is a penny slot machine. You can check this from the game settings menu. Usually you can also see the current coin value at the top or bottom of the game.

Use Casino Bonuses

The best way to increase your win percentage on online slot games is to use casino bonuses. If you cash in one of our free cash bonus no deposit casino offers, you don’t risk any of your own money. On the other hand, deposit bonuses give you a massive bankroll that you can use to play slot machines online for a long time.

Manage Your Bankroll

  • A good penny slots strategy is to keep track of your gaming session, as it’s very important to manage your limited bankroll.
  • Casino game RTP’s are based on averages, and you may run into long cold streaks. On the other hand, you might run hot for days on end. Therefore, it’s important to have sufficient funds at your account if you want to keep playing.
  • Keep an eye on your cash balance and the minimum and maximum bet so you don’t accidentally bet more money than you were supposed to.
  • You should always gamble responsibly, and only play with money you can afford to lose.

Progressive Jackpot Games

Looking for a slot game where you can really win big money? Jackpot slots are slots where you play for life changing money. Also called progressive jackpots, jackpot penny slots work so that each wager contributes a percentage to the jackpot. When somebody hits the jackpot, they take the big win. Online casino players have won huge progressive jackpots: some have taken home a life-changing prize up to six-figure numbers.

Jackpot slots give you the biggest chance for winning, but they aren’t the best penny slot machines for paying out smaller winnings. Playing progressive jackpots could push players to place the maximum bet, just to increase their odds of winning big. If you don’t hit the jackpot, progressive jackpot games will drain your bankroll faster than when playing regular online slots.

BonusFinder US has narrowed down tips on how to win at penny slots.

Games like Finn and the Swirly Spinn and Dead or Alive are a penny slots that gives slot players free spins as they spin the reels.

? The Odds of Winning on Penny Slots

When it comes to the odds of winning at online penny slot machines, there are multiple variables to take into consideration. Like any online slots, virtual penny slot machines are all about luck. However, there are some indicators to the likelihood of winning at penny slots.

The concept of RTP was introduced above, so first have a look at the RTP. RTP reflects the payback percentage of a particular online slot game. It will always be less than 100%, but the closer to 100% the RTP, the higher of a chance you have to break even. Games with lower RTPs are less likely to return slot players their wager.

The second factor that affects the winning odds is the volatility of the online penny slot machine. Penny slots with high volatility pay out less frequently, but provide a higher chance of winning big.

Although there are these statistics behind the odds of winning big on penny slots, there’s one thing to keep in mind: these online games are still essentially random number generators. You can play slot games that don’t necessarily have the best odds or payout potential, get lucky, and still win big.

? What Are Penny Slots?

There are plenty of online penny slots. Starburst is one of the most popular penny slots in the US.

Starburst, one the most famous penny slots, is a constant favorite among slot players.

Real money penny slots are slot machines where the minimum bet ranges between $0.01 and $0.10. They include some of the most famous slot machines like Starburst, Divine Fortune, Lobstermania, and Finn and the Swirly Spinn. Playing penny slots online is possible on most online casinos and it is easy to start playing. Even when comparing to other casino games penny slots require very low investment and are therefore very approachable.

?? Casino Game Type Online Penny Slots
? Available at Legal US Online Casinos
?? Minimum Wager $0.01
?? Best Game Starburst
?? Last Updated October 2024

In the following sections, we explain how to play penny slots online. If you are already familiar with penny slot machines, you can redeem a free spins bonus and head to your chosen platform and play online casino games.

? How to Play Online Penny Slots FAQs

1?? How do I know if a game is a penny slot machine?

If you can set the minimum coin value at $0.01, then the game is a penny slot. Furthermore, every game where the minimum total bet does not exceed $0.10 is a penny slot game. Despite the small minimum bet, penny slot max bet value could climb up to notable figures.

2?? What are the best penny slots?

Most slot players would tell you that some of the best penny slots include Starburst, Dead or Alive, and Lucky Larry's Lobstermania, but each penny slots player has their own favorites. You can read more about the best video slots on our best penny slot games page.

3?? Can I win big on penny slots?

Yes. Progressive jackpot slots like Divine Fortune can pay out six figures, especially if you bet on every single payline. However, just like in brick-and-mortar casinos, these big wins are very rare no matter how often you play slots.

4?? Where can I play penny slots?

You can play penny slots at every regulated online casino in the US. For a list of regulated online casinos and their bonus features in your state, check out our online casinos page.

If you'd like to try out free slots, you can also play demo versions of some of the most popular penny slot machines online.

5?? Can I trick an online penny slot machine to win?

No, you can't fool the machine while playing online penny slot games. Unlike in the urban legends of slot machines at brick and mortar casinos, online penny slots work so that there's no way to rig any of the regulated online penny slot games. This applies to all casino games you play: the game developers and casino providers have built the platforms so that there's no rigging. Unlike at a land-based casino, there is no physical slot machine on the casino floor to try and trick, just a random number generator on a website.

6?? Are penny slots worth it?

Penny slots are among the cheaper slots, they can be a lot of fun, and there's always the possibility of winning. However, at the end of the day, these are completely luck-based games. In the long run, the house always wins.

So, if you start playing slots in the hopes of getting rich quick with just a few pennies, it's most likely not worth it. If you play slot machines purely for entertainment purposes, you'll probably have a lot of fun. You can also try out free slots online if you don't want to play for real money.

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Author
Head of Content
Internationally renowned author Henri Ojala has spent more than a decade mastering the ins and outs of the gambling industry, focusing on online poker, sports betting, and casino games. With over 10 years of experience in the gambling industry, Henri shares his extensive knowledge of strategies, odds, and risk management, earning him recognition as an authority in the online casino field.