How To Play Penny Slot Machines

Close your eyes and imagine that blissful moment of entering a casino for the very first time. A mix of bright artificial lights, loud noises and vivid colors. Surely, one of the very first things you must have noticed were the casino penny slots. Yeah, you remember those, don’t you?!

  1. How To Beat Penny Slots
  2. How To Play Penny Slot Machines
  3. How To Play Penny Slot Machines And Win

Wager just a nickel for a chance to go home with the grand prize and a new life – sounds like a dream. Nowadays, we can enjoy gambling from the comfort of our own homes. To help you find the best penny slot machines to play online, we have prepared our 2021 ranking. Check the penny slot machines with best odds in the table below:

Tips for Wining Big on Slot Machines. Use your Player's club card Play two-coin, three reel, one payline slot machines. Stay away from three-coin machines unless they are progressive machines. Don't play more than one machine at a time. Always play the maximum coins. Always play machines that show double up symbols. Don't play nickel slot machines. To win penny slots, look for bonuses that include features such as free spins, bonus levels, and payout multipliers. Sometimes when the machine is “running hot”, your free spins could activate more free spins, and those free spins can activate bonus rounds and some nice wins can add up quickly! Bonus penny slots are a lot of fun, but you want to be sure you read the rules first. Some slots may require that you play the max bet to qualify for the bonus or progressive jackpot. Most penny slots however, allow you to play bonus rounds by betting as little as 1 coin per line. Play all lines available. More lines means a higher hit rate.

Best Penny Slot Machines to Play in 2021
Slot NameRTPPaylinesRowsReelsSecure Link
Pirate’s Charm96.49%24335Play Here!
Blaze of Ra96.4%4045Play Here!
Book of Dead 94.25%1035Play Here!
Golden Colts94.57%4045Play Here!
Valley of the Gods96.20%312535Play Here!
Divine Fortune 96.59%2035Play Here!
Gold King94.54%2035Play Here!
Joker Pro96.8%1034Play Here!
4 Seasons95.30%3035Play Here!
Wild Wheel96.98%2035Play Here!
  • Today, the best penny slot machines to play are found mostly online, and the best way to find them is to visit several casinos, play there for free and compare these sites (new, appeared in 2018 and 2019, and the old ones).
  • We'll start at square one, with a primer on how playing slot machines works. The most popular slots are penny and nickel video games along with quarter and dollar reel-spinning games, though there are video games in 2-cent, 10-cent, quarter, and dollar denominations and reel spinners up to $100.

The Top 10 Online Penny Slot Machines with Best Odds

  • Pirate’s Charm (Best Penny Slot Game for 2021)
  • Blaze of Ra (Top Ancient Egypt-Themed Game)
  • Book of Dead (Great Low Stakes Betting Options)
  • Golden Colts (Great Western-Themed Penny Slot)
  • Valley of the Gods (Highest Number of Fixed Paylines)
  • Divine Fortune (Top NetEnt Penny Slot)
  • Gold King (The Game with the Most Golden Animations)
  • Joker Pro (Top Spinoff of a Classic Game)
  • 4 Seasons (The Slot with the Cutest Characters)
  • Wild Wheel (Highest RTP of a Penny Slot)

1. Pirate’s Charm

Get aboard on a thrilling voyage with the #1 penny slot for 2021 – Pirate’s Charm! The Swedish studio, Quickspin, is behind this pirate-themed game. The developers included a special feature, Mystery Charm, and additional surprises that only scatters, and wild symbols can unlock. Surely, the game will keep you on your toes.

Pirate’s Charm has 3 rows, 5 reels, 243 paylines and a medium to high variance. Brace yourself and enter high seas with this game’s amazing 3D graphics and epic pirate tunes. Oh, and the backdrop changes in response to what is happening in the game. All in favour of Pirate’s Charm say: Aye!

2. Blaze of Ra

At number two, we have Blaze of Ra, inspired by the ancient Egyptian civilization. As you have probably guessed, the penny slot created by Push Gaming has an Egyptian theme. The main character and wild symbol of the game is God Ra – ruler of the sun, order, kings, and sky.

Blaze of Ra is played on 5 reels and 4 rows. The slot machine has 40 paylines and high variance. The software provider has included special features such as free spins, wilds and scatter symbols. You will fully immerse into the mystical world of ancient Egypt because of the HD animations and graphics, as well as the Egyptian soundtrack.

3. Book of Dead

Moving forward in our penny slots online chart, we have the world-known penny slot – Book of Dead. One of the leading game developers in the world, Play’n GO, built this Egyptian-themed online slot. Playing this game, you will stumble upon God Ra, God Anubis, and pharaoh Tutankhamun, but the main character is the explorer, Rich Wilde.

Book of Dead has 3 rows, 5 reels, 10 paylines, RTP of 96.21% and medium-high variance. Moreover, you can enjoy two different special features, namely gamble and free spin rounds. Of course, that is not all, Play’n GO has put hard work into the graphics and soundtrack, so you can feel like you are on a mystical journey with Rich Wilde.

4. Golden Colts

Golden Colts is another of the best penny slot machines to play by Play’n GO. This Wild West-themed game, tells the story of the bounty hunters who must take away the cursed golden colts that have possessed the loose but very dead sheriff. Beware of the special Golden Colts Bonus Game, where one out of the seven features activates randomly.

Golden Colts has 4 rows, 5 reels, 40 fixed paylines, RTP of 96% and medium volatility. Without a doubt, you will fully immerse into the western story with the HD graphics and animations from Play’n GO. Of course, the developers added realistic sound effects to make you feel you are in the middle of the shootings, next to the bounty hunters.

5. Valley of the Gods

We are halfway through our Top 10 Online Penny Slot Machines for 2021, and at number five, we got Valley of the Gods. The experts at Yggdrasil have outdone themselves creating the game. Embark on an adventure inside a pyramid hidden deep in the Sahara Desert with this Egyptian-themed game. If you would like to try the game for free, check out our Valley of the Gods slot review.

Valley of the Gods is played on a 5×5 grid but is far away from what you would expect. The developers added a feature that blocks specific parts of the reels during the game. Plus, there are 3125 fixed paylines, an RTP of 96.20% and medium variance. To top everything up, the slot uses iSENSE 2.0+ technology so that you can play in Ultra HD.

6. Divine Fortune

Ancient empires sure do make a great theme of a slot machine. No wonder, NetEnt got inspired by ancient Greece to create the popular penny slot, Divine Fortune. On your heroic journey, you will stumble upon mythical beings like Medusa, Minotaur, and Phoenix. However, the main wild symbol of the game is Pegasus.

This NetEnt game is played on 5 reels and 3 rows, plus it is a progressive jackpot slot. Divine Fortune has 20 paylines, 96.59% RTP and medium variance. Playing the game, you will find 4 bonus features giving you extra payouts and multipliers. Just as you would suspect, the graphics, animations and soundtrack align perfectly with the theme.

7. Gold King

Here, at lucky number seven, sits Gold King. This is one more of the best penny slot machines to play created by Play’n GO. The theme of the game is Greek mythology. In particular, it was inspired by the classic tale of King Midas, who turned everything he touched into gold, hence the name.

Gold King slot has 5 reels, 3 rows, 20 paylines, RTP of 95.53% and very high variance. This Play’n GO game is packed with special features such as Super Stack and Super Spins. The concept is well put together, and of course, the amazing HD graphics and soundtrack match the theme perfectly.

8. Joker Pro

NetEnt brought back to life the classic penny slot, Joker Pro. This game will surely take you on a trip down Memory lane. The software provider incorporated traditional symbols like diamonds, bells, sevens, lucky clovers, and horseshoes. Of course, they made the Joker Hat the scatter symbol, and the wild card says Wild.

NetEnt’s slot, Joker Pro is played on a 5×3 grid, plus it has 10 paylines, RTP of 96.8%, and high volatility. The developers added more special features, such as Joker Pro Re-Spins and Hot Spot Win. While this is a modern take on a classic game, the design and soundtrack have been updated to match today’s likes.

9. 4 Seasons

The next penny slot in our 2021 list is 4 Seasons by Betsoft. This game is based on the Chinese zodiac, and each of the 12 animals is represented. Also, there are a few more special symbols like the Golden Cat and Yin Yang. The developers really took their time animating the slot in the cutest way possible.

4 Seasons has 5 reels, 3 rows, 30 fixed paylines, an RTP of 95.30% and medium variance. Unlike most slots, this one offers the same payout for all symbols. However, the special features – Seasonal Wheel and Block Wins – could increase your winnings up to 10x or give you extra spins. This slot has fantastic graphics and great background music.

10. Wild Wheel

Last at our penny slots online ranking, we have another game by Push Gaming – Wild Wheel. The developers behind the game created it with a modern and intuitive design. The theme of this penny slot is Classic & Retro and has a range of old school features like Stacked Wilds, Nudging Wilds, and Wild Wheel, among others.

Wild Wheel is played on a 5×3 grid, and it has 20 paylines, 96.98% RTP and medium to high variance. We can all agree that the graphics are not the most impressive thing about this game. That might be because the developers focused on building in great payouts (up to 1500x the initial bonus).

How to Win at Penny Slots?

Penny slots earned that name due to the low cost to play when they first appeared in casinos. This type of games is still loved by many today, as it offers a chance for getting big bucks. You could earn hundreds of dollars, even thousands. While there is not a certain strategy that guarantees winnings, we have prepared our top 3 tips on how to win at penny slots.

First, always do your homework. Once you have decided your game of choice, research which casinos have the highest payout for that slot. If you would like to test your skills first without spending a single cent, then we suggest you look at our Top Social Casinos for Free US Online Slot Games.

Second, we suggest you bet the maximum amount each time for a chance of winning the most. This is the only way to make sure that if you win at a penny slot, it would be the highest possible jackpot. Following this thought, we have previously prepared a detailed ranking of the best slot sites in the USA for 2021, feel free to check it out.

Our final tip is to make sure to match the deposit bonus offered by the provider. Such promotions are most frequently used for penny slots online. However, these deals gain more popularity among land-based operators. Wherever you choose to play, take advantage of the welcome offer and get the most of your experience with casino penny slots.

Popular Penny Slot Questions

Who does not like the idea of winning a jackpot by betting just some change?! We sure do! No wonder that their popularity only grows among players. With that in mind, we want to make sure you know everything there is for penny slots. So, we prepared this FAQ section.

🏆 How to win at penny slots?

No matter how much we wished, there is a hack on how to win at penny slots machines, we can only give you our advice. Previously in this post, we mentioned our top 3 tips that could increase your chances of winning. Make sure to check those out!

🥇 What are the best penny slot machines to play?

We explored what are the best penny slot machines to play in 2021. To make sure we have something for everyone, you will find a wide range of slots in this list. Among the popular themes are ancient Egypt and Greece. However, you will also find games based on mythology or spinoffs of old school classics.

🎲 What are the penny slot machines with best odds?

We took our time evaluating a number of games and put together this list. At the beginning of this post, you will find a table with the penny slot machines with best odds that we found. We highly recommend you check it out when choosing which one to play.

🎰 Which is the best penny slot for 2021?

Today, we looked at 10 different games and the best penny slot for 2021 is Pirate's Charm. The game has it all, from exciting storyline to surprise special features. Without a doubt, you will feel like your next to your sailing mate with the amazing graphics and pirate music.

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Penny slot machines are the most-popular games in the casino. Gaming reports from prominent jurisdictions, like Nevada, show that penny slots pull in the most revenue.

One thing that makes these games so attractive is the simple word “penny.” Many players see this word and immediately envision being able to gamble for cheap.

These slots are certainly cheap on a per-bet basis. However, they can be much more expensive than many players realize.

How

This is just one of the misconceptions that people have about these slot machines. I’m going to cover more of the biggest fallacies surrounding penny slots.

1 – You Only Have to Spend a Penny to Play

Despite what the name suggests, most penny slot machines don’t cost just $0.01 to play. They instead require upwards of a dollar or more.

The word penny only refers to how much you need to bet on each line. These games often have a number of fixed paylines, meaning you have to play every available line.

Such slots aren’t so expensive when dealing with a 10 or 20-line game. However, some machines have between 100 and 300 lines.

Betting $1 to $3 per spin isn’t what most people have in mind. But that’s exactly what they have to spend in some cases.

Megabucks, an extremely popular slot machine in Las Vegas, requires one to play 300 fixed lines at $0.01 apiece. Considering that it also only offers 88% payback, Megabucks can be quite costly to play.

When many gamblers think of penny slots, they envision having the option to only wager $0.01 per round. But the average penny game requires much more.

These slot machines can be costly because casinos have to make their profits. Land-based venues especially need a large amount of revenue to counteract their overhead costs, including physical machines, staff members, and utilities.

They’ll have a much tougher time covering bills if they allow everybody to wager one penny per spin. Gambling venues want to make sure that players give them enough action to make it worth running a casino.

2 – Penny Slots Are Great for Low Rollers

You can see from the first point that slot machines aren’t exactly cheap. Your bet sizes will often range from $0.25 to $1 per spin based on the fixed lines.

This betting range isn’t so bad when compared to table games like baccarat and blackjack, which often require minimum bets of at least $10 in land-based casinos. But what makes penny slots costly is the fast play rate.

Most people play slot machines at a speed of between 500 and 600 spins per hour. This rate is about five to six times how quickly quickly a baccarat, blackjack, or roulette game moves.

A quarter bet suddenly doesn’t seem so cheap when you must make it hundreds of times every hour. Add in that some slot machines have a high house advantage, and you’re dealing with a more-expensive game.

  • You’re playing a slot with a $1 minimum bet.
  • You spin the reels 600 times per hour.
  • 600 x 1 = $600 in total bets
  • The house edge on this game is 8%.
  • 600 x 0.08 = $48 in losses per hour

Many low rollers think that slot machines are the perfect games for them. But they don’t realize that these games have the potential to quickly take their money.

This problem only becomes exacerbated when adding in the high volatility of slot machines. Given the wide variation of payouts in any given slot, these games can’t pay out as frequently as other casino offerings.

Here’s a very simple pay table to illustrate this point:
  • 3 Jets = 50,000 coins
  • 3 airplanes = 5,000 coins
  • 3 hot-air balloons = 500 coins
  • 3 jetpacks = 100 coins
  • 3 birds = 10 coins

Casinos need to compensate for how this game is offering 50,000 coins as a top prize. After all, they can’t any money on a slot that pays frequently and has big jackpots.

Therefore, slot machines pay less often than almost every other casino game. This high volatility means that you won’t earn as many small wins to help sustain your bankroll.

Of course, I’m not saying that you shouldn’t ever play penny slots as a low roller. But don’t expect your money to last far longer than when dealing with table games that have a fairly cheap minimum wager.

3 – You Can’t Win Much with Penny Slot Machines

Some people think that penny slots are good for cheap thrills, but they don’t offer very large payouts. The same crowd believes that only those who make big bets have a chance at winning big.

These players aren’t completely wrong in this belief. After all, making larger bets gives you a chance to win bigger payouts.

  • A game’s top non-jackpot prize is 10,000x your line bet.
  • This payout is worth the following based on your line wager size:
  • $1 bet = $10,000 prize
  • $0.50 bet = $5,000
  • $0.25 = $2,500
  • $0.10 = $1,000
  • $0.01 = $100

The above scenario illustrates how your payouts increase proportionately based on how much you’re betting. But some slot machines offer huge progressive jackpots that let you qualify for a fairly small wager.

The Megabucks game mentioned earlier has paid out a record $39.7 million jackpot. Mega Moolah, an online penny slot, has delivered a prize worth over $20 million.

The chances of you earning a windfall like this are slim. But you can see that penny slot machines do pay well in comparison to other games.

4 – Online Casinos Don’t Have “Penny Slots”

Penny slot machines are commonly thought to be something that’s only available at land-based casinos. After all, many gambling establishments heavily push penny games.

But online casinos also have penny slots — they’re just not called as such. The reason why is because internet casinos typically offer very flexible betting options.

A common setup involves a game where players can adjust their bet per line from $0.01 to $1. Choosing a one cent bet size means that you’re essentially playing a penny slot.

The great thing about flexible betting options is that you can tailor the game to your bankroll. Only have $20? Then you can find plenty of slots that have 20 or fewer fixed lines and wager a penny per line.

In some cases, you don’t even have to play all the lines. You can set your wagering options to one payline and a one cent coin size. This scenario isn’t what many beginning gamblers envision when they hear the term penny slots.

I’m not a big fan of only using a handful of lines. After all, the volatility of slot machines makes it very difficult to pick up wins in each round with so few chances.

But the reasoning behind playing a few lines when you don’t have a very large bankroll makes sense. Virtually anybody can enjoy slots for just one cent or a nickel per round.

5 – These Games Don’t Offer Many Comps

Comps are one of the best things about gambling. You can pick up these reward by playing a variety of casino games.

Penny slot machines are among the most-notable games that offer comps. But many players mistakenly believe that these slots don’t offer many rewards.

The reason why is because the game’s name makes it seem like you won’t be comped very well. This idea would certainly be true if you were only wagering one penny per spin.

But you also have to consider your total bet size and the quick play rate. Based on these two factors, penny slot machines can qualify for just as much, if not more, rewards than other casino games.

  • You bet $5,000 total on a penny slot.
  • The comp rate is 0.1%.
  • 5,000 x 0.001 = $5 in rewards

You can see that you’re not getting much value in terms of comps. However, this scenario is typical of any casino game.

Gambling establishments don’t just hand back all the money they make off gamblers. They instead offer a small percentage based on how much people are betting.

Penny slots, like any other game, won’t give you access to the penthouse suite and private jet transportation. You need to bet like a high roller in order to get the best comps.

But even as an average gambler, you’ll earn a fair amount of rewards based on your play. Penny slots see you bet enough to get decent rewards over time.

6 – Penny Slots Are Cheaper Than Table Games like Blackjack & Roulette

One reason why casual gamblers choose penny slot machines over table games is because they expect a low-risk gaming session. They think that slots will be so much cheaper than sitting down to a blackjack or roulette table.

They’re technically right on a per-bet basis. Land-based casinos usually require you to wager anywhere from $10 to $25 per round/hand.

Online casinos let you play baccarat, blackjack, craps, and roulette for as cheap as $1 per turn. But even in these cases, penny slots seem like the less-risky alternative to table games.

This rule isn’t universal, though, because penny slots can also be expensive. Again, you have to consider how quickly these games move.

Unlike a blackjack or baccarat hand, a slots spin is done within seconds. Earlier I mentioned how the average player spins the reels around 600 times per hour.

This fast rate means that penny slot machines are close to the same cost as table games per hour.

  • You make 600 bets an hour on a penny slot worth $1 apiece.
  • 600 x 1 = $600 total wagered
  • The house edge is 5%.
  • 600 x 0.05 = $30 in theoretical losses with slots
  • You make 60 wagers an hour at a blackjack table worth $10 apiece.
  • 60 x 10 = $600 total wagered
  • The house edge on this game is 2%.
  • 600 x 0.02 = $12 in theoretical losses with blackjack

You can, of course, visit online casinos to truly play for $0.01 or less. But the trade-off is that playing one cent on one line doesn’t give you a chance to win big.

You can, of course, do things to slow down how quickly you’re playing, like take breaks and browse your smartphone every so often. But slots are the most fun when you can play them at a consistent rate.

7 – Penny Slot Machines Don’t Pay

Another misconception behind penny slots is that nobody wins. Those who believe this aren’t totally off-base when considering how the average session goes.

Many players will put between $20 and $100 into a machine and quickly see the money vanish. Reasons why include the fast play rate, high house edge, and volatility.

These three factors combine to drain your money pretty quickly in most cases. But they don’t stop penny slot machines from paying out in the long run.

They’re just like any other casino game in that they have a house advantage. A slot machine with a 5% house edge technically gives you around the same chance to win as American roulette (5.26% house advantage).

The lack of consistent payouts is what makes it seem like you don’t have a great chance to win. You’ll earn less-frequent prizes on penny slot machines, which means that your money has a tendency to disappear quicker.

But you also have the potential to win large payouts that can more than make up for previous losses. If you play penny slots long enough, you’re going to be paid almost as often with these games as many other options in the casino.

8 – These Games Are Designed to Trick Players

Perhaps the craziest misconception about penny slot machines is they’re designed to fool gamblers. This idea comes from players who get mad after quickly seeing their $20 vanish.

They expect to get more entertainment out of their money, given that they’re playing penny games. But they leave the casino disappointed upon seeing that their funds didn’t last as long.

The same gamblers would do well to learn how slot machines work. All results are based on a random number generator (RNG), which is a program that produces random results.

The RNG cycles through countless payout combinations to determine outcomes. This process ensures that you can’t manipulate slots results in anyway.

Again, other factors like a high house edge, volatility, and quick play rate also combine to eat away at your bankroll. The end result is that penny slots have the potential to take your money quicker than many other games.

However, just because you lose in a session doesn’t mean that machines are tricking you. The results are legitimate — it’s just that a combination of other factors create plenty of unpredictability in your short-term winnings.

9 – You Can Play for a While with $20

I’ve mentioned the sum $20 several times in this post. The reason being is that my first experience with penny slots involved inserting $20 into a game and losing it all in minutes.

I couldn’t believe that something called a penny slot could take my money so quickly. I was severely disappointed and didn’t play these games for a while afterward.

But then I began learning more about penny slot machines and realized that they all work differently. Your $20 won’t last for the same amount of time on one game as it will another.

Everything starts with understanding fixed paylines. Most of these games don’t actually cost a penny to play; they instead require at least a quarter or more based on the number of fixed lines.

How To Beat Penny Slots

Like always, you also have to consider the volatility involved. Earning less-frequent wins means that your bankroll will continue diminishing until you hit a large payout.

Of course, nothing is stopping you from playing a slot machine with $20 or less. You can actually enjoy many online slots fairly cheaply with this amount.

How To Play Penny Slot Machines

Here’s an example on how many total bets you could have with an internet game:
  • You have a $15 bankroll.
  • You play a penny online slot that allows for adjustable lines and coin size.
  • You play one cent on 10 lines ($0.10 total bet).
  • 15 / 0.1 = 150 total bets

Given the unpredictability of slot machines, it’s difficult to say how long these 150 betting units will last. However, this is a fair number of wagers for such a small bankroll.

Conclusion

Penny slot machines aren’t quite what the name makes them out to be. As long as you understand the misconceptions behind penny slots, then you can enjoy these games without ever being disappointed.

The first thing to realize is that these slots normally cost more than one cent to play. Many penny slot machines have fixed lines that must all be played.

How To Play Penny Slot Machines And Win

Oftentimes, you must bet between $0.25 and $0.50 to use every line — sometimes more. Factoring in the high rate of play and volatility, penny slots can get expensive pretty fast.

If you’re a low roller, then you shouldn’t expect a small bankroll to last an extremely long time. Slots have high volatility, which means that they pay out in short bursts, rather than frequently.

Of course, you can still enjoy penny slots relatively cheaply in online casinos. Some internet slots let you adjust your coin size and lines, which means you can technically wager as little as $0.01 per spin.

Slot

The main takeaway is that you shouldn’t expect to play penny slot machines for drastically less than other common casino games. You’ll likely be playing a number of fixed lines at a high rate.

You should, therefore, mentally prepare yourself for a lot of losing sessions. The bright side, though, is that you’ll eventually hit some big payouts and bonus wins to counteract some or all of your previous losses.

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