What Are Penny Slots? 2 Minute Beginner’s Guide

what are penny slots

1 minute

Last Updated: February 21, 2024

What are penny slots? Penny slots are cheap slots that allow players to pay as little as one cent per spin. These slots were created to cater to players who do not have so much money to spend on slot machines with high minimum bet limits.

Penny slots work the same way as regular slots, but they have a low payline and low payouts. These games offer players a low cost way to have fun without much risk to their money. Some regular slots give players the option to convert to penny slots by allowing them to choose how many paylines they want to play with. A smaller number of paylines reduces the RTP but also allows players to wager less per spin. 

Although penny slots give small wins, they can sometimes give players big payouts. This is a result of the multipliers, free spins, and other bonuses that are available in the game. Penny slots are best for players who want a casual gaming experience and are not looking to win large amounts. The RTP on these slots can go as low as 86%, but they allow players to have fun on a limited budget. 

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