You are so smart. I have a question about the amount to play. I play penny slots mostly and have heard different things. Some say you should play the lowest or a lot of people say you should play the max to really hit! I am so confused about this, I thought I would ask your opinion. Dear Linda, Thank you very much for your kind words.
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.
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.
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
As with any form of gambling, playing the penny slot machines should be approached with caution.
- 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.
Do you want to start winning? Are you familiar with the secrets to one of the casinos best games?
Penny slot machines are a great way to get started at the casino. You can learn a lot by starting with lines and fast bets. But, do you know the best ways to win at the penny slots?
It takes some small tricks and a whole lot of betting to start winning. If you want to know the best ways to get there, keep reading for everything you need to know.
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How Much Can You Win On A Penny Slot Machine
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1. Don’t Let Promises Fool You
You need to be mentally prepared to win at penny slots. The game is fun and addicting which is exactly why so many people lose. Rather than come up with good strategies and budgeting wisely, most beginners launch into the game until their money is gone.
You can use self-control to avoid losing at penny slots. All penny slots look like innocent games stacked with attractive lights. If you look past the sirens call, you can learn the best methods for beating the slots.
For example, if you set your bankroll low then you’re more likely to save money or make a profit. This might seem counter-intuitive, but expecting constant wins is what leads most players to fail. You can avoid losing by using your wits to set out several safe bankrolls.
A Strategy That Works
Start by picking games that let you pick your lines and coins. This will give you more freedom to play and make money.
Next, avoid the biggest attention-seeking slots. These are more likely to have crazy low odds. They will also cost you more money.
Choose games that let you play your style of slots. Finally, when you start getting on a roll, count all your coins and gather yourself. If you follow these steps you’re more likely to win than half of the people around you.
2. Bet Low on Big Stacks
Betting low can help you learn the best way to play a particular slot machine. Firstly, you lose less money. Secondly, you can spend less money on jackpots for certain machines. This strategy leads to more attempts for greater rewards.
For example, you can use low betting strategies on wild games to win major jackpots. Essentially, wild games give you the best odds for winning big on a budget. These are the games you want to play when warming up or if you’re done for the night.
You might also want to put aside money for low and high betting nights. That way you can choose when you want to safely take risks.
3. Plan Before Your Bet
Plan your bets before you sit down at a game. Start by counting your money and setting a limit. Don’t worry, you can win at more slots this way.
If you aren’t planning before you bet you risk losing focus. You’re at the slots to have fun, but if you want to win, be strategic about your bets.
Here’s a good example. If you see a big payoff, count the heads of your coins and do the math. What are you willing to bet for the odds set before you?
Think like a strategist and keep your coins counted. These two values will help you win any night.
4. Small Payoff Tricks
Even penny slot machines with the best odds can trick a novice. All people feel good when after a series of hits and instant payoffs. Few beginners take these hits as a sign they are running out of money.
You can avoid this slippery trick by watching your input and output. Be diligent about the number of spins you have and don’t forget where you are. It might feel brilliant to get instant gratification, but you should be in control of that feeling.
Here’s a trick for the trickster: watch and listen to the number of lights and sounds a penny slot shouts at you. If you do this, you’re more likely to spot where you’re making your money back.
Why? It’s common for people to get carried away by the sounds of success. If you want to get better at penny slots, you’ll want to keep your suspension of disbelief.
5. Caution Over Maximum Spin
Penny slots lure beginners into choosing many lines. When you first play you might feel ready to reach for bigger spins. My advice is to approach every penny slot with caution.
When you’re first learning how to play penny slots it’s a good idea to count your change ahead of time. Don’t jump to a big spin until you know the exact amount you started with. Remember that slots like these convince beginners to spend their money quickly.
In fact, one of the fun parts of penny slots is how fast you can bet. You use less money than with other games and can spin high as you want. All of these are signs that should direct beginners toward caution and reservation.
6. Help Screens Matter
Start by learning the rules to any given slot. The instructions should be simple and you can often find them on the help screen.
The help screen is helpful for learning the game and avoiding mistakes. If you don’t want to fool around with them I suggest researching slots you want to play ahead of time.
How Much Can You Win In A Penny Slot Machine Machines
Food for Thought
Penny slots, like any slot machine, use an RNG (random number generator) to throw up symbols. This means your odds per spin are set randomly. However, the number of random combinations changes depending on the slot you play.
It’s important you know this before betting too strong. If you understand the mechanics of the game, you’re more likely to make smarter bets.
Moreover, penny slot machines don’t cost a single penny. Don’t go into a game expecting to spend nothing, instead, look up the exact cost per spin. This might seem obvious but it’s essential to setting strategic bets that help you win.
7. Think Like A Penny Slot
You can find penny slot machines with the best odds by experimenting with your lines and bets. Before you spin, try switching up your bets and number of lines. This will make the slot constantly readjust its outcome.
Imagine that you’re playing a game made using a different language. The best way for you to learn the ins and outs is to play with your options. Penny slots are similar to arcade-style fighting games in more than one way.
For instance, when you’re playing a fighting arcade game, you don’t want to choose the same button layout every time. This lowers your chances for getting critical moves and confusing your opponent.
The same applies to slot machines, something you will learn by pressing buttons randomly and playfully. You can raise your chances of success even higher by pressing several buttons at once.
A Suggestion
If you use this experimental style you might bet too much by accident. You can avoid losing your money by keeping a careful eye on your bet after choosing new combinations. Make sure to know your limits before playing with total freedom.
Moreover, repeated patterns are one of the main reasons why people lose at slot machines. If you seemingly random odds of winning, playing with random techniques can be a smart counter-move.
Time for You to Win at Penny Slot Machines
Penny slot machines can be the most fun you’ll have gambling. You might even win big after using the techniques mentioned in this post.
You’re more likely to win or break even if you stay cautious. Save your big risks for the moments when you have the cash to put down. Furthermore, if you want to win big while spending a small amount, choose wild games and mix up your playing style.
Penny slots require a good mentality to win. They can be an unstoppable amount of fun and give immediate results for almost no effort. This is exactly why it’s important for you to build a strong strategy.
Speaking of strategy, you should explore the other methods to win at the casino. Don’t keep yourself locked to the slots when you have other options to try. If you want to have fun winning money then you need to read on.
Your next step is to check out all the other resources on casino games. From sports betting to poker, it’s your time to beat the odds. Keep reading for the tips you need!