When you first hear the words “penny slots”, you immediately think of classic slots and penny slot machines in land-based casinos. Online penny slots got their name because players could bet as low as one penny per spin. This way you could play for a long time without investing a big chunk of money in the slot. Modern penny slots are online slots that allow low stakes and thus are more affordable from an initial investment point of view. So the penny slots. Looking for USA Online Casinos? We offer best games & slots!. Join today and get extra bonus 38. Play now at the King of Online Casino! Welcome offer varies per country.
Penny slots are games that have a minimum bet of 0.01 credits. These games are attractive because they allow to play lots of hours with the smallest bankroll. Penny slots are so popular that low rollers are constantly on the look for the new ones; just like high rollers are looking for those exclusive high-end tables.
At online casino ShangriLaLive, there are hundreds of penny slots where the bets start at 0.01. This is an excellent choice for new players that are more interested in prolonging the process rather than winning jackpots.
How did penny slots emerged?
First penny slots appeared in the land based casinos. This was possible only when the one-armed bandits had switched from accepting paper money to coins. It was done for two reasons. First of all, the players complained that the machines were not accepting every banknote. Secondly, they wished to play longer, which meant having smaller bets.
However, no casino in USA wished to install the new machines. Nobody in Las Vegas wanted to put any money into making one. Yet, Hotel Flamingo decided to take the risk as they thought it may be very profitable investment despite the research saying that those slots will be popular only among women (a far smaller part of the player base).
In spite of all the predictions, penny slots became very popular and soon covered the whole industry. Later, one row was substituted by many, although the only choice of bets was between 1 to 5 coins.
After that, there started to appear slots with the minimum bets of 10, 20, 40 and even 100 rows. Thanks to machine software, the variety of slots has only increased ever since. Along with the gameplay, developers have added a choice of lines to played with, a wide range of bets.
Difference between land-based and online penny slots
It is not a big secret that maintenance of a land-based casino is quite expensive. Launching and operating an online casino is far cheaper. Therefore, the theoretical return of online slots is far greater than that of on land.
This also works for penny slots. For instance, in Las Vegas the minimum RTP is 75%, that is the standard in most of the low roller’s slots around. Slots with bigger minimal bets and cumulative jackpots may have an RTP up to 93%, almost like in an online casino.
Online penny slots are perfect because the minimal bet does not determine the RTP. Having a minimum bet of 0.01, the RTP may reach 98%.
On average, a land-based slot may play about 600 rounds in an hour. Making the lowest bets possible, the player is able to wager only €6. Moreover, the average sum lost will be equal to 25% of the money bet, about €1.5.
At online casino, penny slots work at about the same speed if they do not have a “quick spin” function which doubles the speed. However, playing online, the loss will be far lower. Making the same €6 worth of bets, the losses may amount to the miserable 2%, only €0.12.
How to choose penny slots?
If the main goal of the game is to prolong the excitement and the gameplay, do choose games with the highest RTP possible. At ShangriLaLive, online casino website, there are dozens of games with the RTP in a range of 95 to 98%.
Most modern games are created with a wide range of bets. The coin size usually starts at 0.01, 0.02 or 0.05 and may end at 5. The obvious low roller’s choice – slots with 0.01 coin size.
Pay attention, most of the time, the bet is made on a single line rather than the whole round. Having chosen the slot with the minimum bet size of 0.01, do check whether it is a bet for a single or multiple lines.
How to win in penny slots?
The return of the slot depends on the settings that were set by the developer and approved by the regulator, considering it is a licensed game. The longer the game, the more chances the player have to reach the set RTP, which in online casino is about 95-98%.
However, choosing the right method and the course of the strategy, you may win at slots more often. For this to happen, it is important to have a list of limitation not to be broken: bet limit, number of spins, loss amount, win amount. The best time for exit is usually when the player reaches a certain amount of money above the initial deposit.
Bear in mind, this is only one of the strategies. Knowing bankroll management rules, you may also increase your advantage over the casino.
Penny Slots at Online Casino ShangriLaLive
ShangriLaLive offers penny slots from the best developers like: Microgaming, Play’n GO, NetEnt, Habanero, BetSoft, iSoftBet, Playson, EGT, Pragmatic Play etc. These are all licensed providers that have slots with high RTP. Furthermore, having joined us you will receive 100% first bonus deposit and some hundred free spins.
The term “penny slots” may immediately conjure up visions of buckets of copper to feed one-armed bandits for hours. But penny slots have come a long way over the years.
You don’t need to be a higher roller to take advantage of modern video slot gaming with bonus rounds and 3D features, as many of today’s titles let you pick your preferred investment. So, instead of risking 0.01 every game, you can opt for more paylines or increase your credit value if you’re winning.
While you now have the flexibility to jump all over the place with your wagering, it’s nice to know that you’ve got some fun online slots at your disposal that will accept 0.01 at a time. Locating those particular games can be tricky, though. It’s not like walking into a casino and seeing the big flashing sign that reads “penny slots.”
I’m here to help! I’ve got some tips for finding the top penny slots at online casinos, and I’ve also listed the best online penny slots for 2020.
There are thousands of slot machines that start with 0.01 credits. But for a machine (or virtual machine) to be a real penny slot, you need more than the penny acceptance. If you know that you’re sticking with minimum betting, you’re going to need a few more things.
- Variable paylines
- Jackpots without maximum betting requirements
Variable Versus Fixed Paylines
Actual penny slots can have more than one payline, as long as you have the option to choose how many you want to play. Variable paylines are the ones that give you the flexibility that you’re seeking. So, even if it’s a 50-line slot, you can stake 1, 2, 5, 10, all 50 lines, or anything in between.
The opposite of the variable payline setup is a fixed version. If you run across a fixed payline title, then you’re committed to the staking all possible winning ways. Or, in the case of a slot like a “243 ways to win” game, you may have a 25 or 50 credit minimum.
Another thing you’ll want to keep an eye out for is the jackpot games and their stipulations. While some machines will pay regardless of how much you’re investing, others have different requirements.
You may need to bet all paylines, or there could be other requirements. Most of today’s games give you a variety of credits from which to select. While there are slots that pay according to how much you’ve wagered, others could attach the big prizes to more valuable coins.
For example, if you’re playing a slot that gives you a range of 0.01 to 0.25 per line, you’ll want to double-check to make sure that you don’t need to be playing 0.25 to be in jackpot contention.
Top Penny Slots
With all of these hoops to jump through, it can be challenging to find the best games that fit your criteria. But you’re in luck here, as I’ve compiled a list of the top five all-around best online penny slots as well as another five that also merit a few spins.
These are slots that allow for 0.01 per game. So, whether you’re looking to get your feet wet as a new slot player or you want just a tiny bit of cash in the game, as opposed to playing for free, then any of these ten picks should fit the bill.
The first slot on the list is not only a player favorite but an ideal place to start for anyone who is brand new to online gaming.
Miss Kitty is fun and straightforward, with simple betting that lets you play one line at 0.01. That’s just the beginning, though. You can pick a coin value from 0.01 to 0.25 and then select from one to 50, as this is a 50-line slot.
Regular game spins are enhanced by the Wild Cat that can show up on reels two through five. It takes three moons to get into the bonus round. Bonuses start with ten free games. Additionally, though, the Wild Cats become sticky, and a moon that shows up under a cat will get you a prize.
However, keep in mind that if you’re betting just 0.01 per spin, you can only win on the first top line (of four). That means it’s tougher to get the three moons for the bonus round, and you won’t be eligible for the new bonus moon-cat combination.
Best Three-Reel Game: Lucky Stripes
For the next game on my list of top online penny slots, I’m going retro with a three-reel slot by iSoftbet. It’s called Lucky Stripes, and not only is it whittled down to three reels, but just one payline.
If you’re like me, you may jump to the conclusion that the premise could get old and quickly. But that’s not the case. This game has some new integrations that give you multipliers in the main game and a “Rockin’ Re-spins” bonus with unlimited free games potential.
Lucky Stripes is ideal for penny slot players because you’re only betting one payline. Wagering can be as little as 0.01 or as much as 1.00, and no one is missing out on anything.
There are only a few colored stripes, but each pays at different levels. That’s because the middle reel is a prize multiplier. So, for example, three gold stripes could be worth X30, X50, or the top prize of X100, depending on the center symbol.
In the Rockin’ Re-spins bonus, you’ll spin for free until you get a collect symbol.
My next pick takes the excitement of a video slot to a whole new level. The game, 300 Shields, is based on the movie 300, starring Gerard Butler.
You can get in on the high-intensity gaming for just 0.01 if you’re okay playing the middle line and nothing else. However, in this case, you may want to consider raising the stakes, as there’s an X300 top-value multiplier, as well as a 1,000-credit prize for five wilds. As it’s a 25-line slot, you can cover every which way for 0.25.
Every spin is a thrill ride in 300 Shields, but the Battle Feature amps up the action even more. So, this title is a perfect example of how you can get the best of all worlds and stick to an authentic penny slot experience.
Best Retro Penny Slot: Rubik’s Riches
Rubik’s Riches expands a typical slot game into a 3D puzzle experience.
Yes, the Rubik’s in Rubik’s Riches is based on the 1974 phenomenon, the Rubik’s cube. Matching up colors back then gave you bragging rights. But in the slot version, it’ll convert to cash rewards.
You’re not going to get rich playing Rubik’s Riches, but again, we’re talking penny slots here, and this is an ideal one for recreational players. You can stick with 0.01 per game, but you can’t go higher than 0.05. There are only three possible wagers (0.01, 0.02, and 0.05).
Prizes are paid based on lines of matching colors, either horizontally or vertically. If you complete an entire face, you receive even more. Plus, there’s a “sticker peel-off” bonus round that’s randomly activated. When you see “RUBIK’S” entirely illuminated, it’s time to start pulling stickers off of the cube.
Merlin has a few tricks up his sleeve in Play ‘n Go’s 2019 game release, Rise of Merlin.
This particular slot features impressive design elements, but there’s also substance to the setup. As it’s a ten-payline slot, you’re not missing out on as much if you decide to stick with one line at a time for the actual penny experience.
However, with not just one but two high-value five-of-a-kinds, each worth 5,000 credits, you may want to cover all ten lines for 0.10.
A magical orb acts as both the wild and scatter, also providing scatter pays. Another benefit of this particular game is that it has a slightly higher RTP (96%) than the other online penny slots on this list.
Five Penny Slots for US Players
I think that the entertainment value of the top five slot games is excellent. However, there are plenty of other penny slots in the virtual casino world that are also worthwhile.
So, I’ve put together a list of five more games that are also worth checking out if you’re looking to build an entire collection of go-to titles.
In addition to having some fun features, each of these slots are in US friendly online casinos.
The Mariachi band keeps you entertained as you move from day to night mode in Popping Pinatas by Rival Gaming.
It’s a 50-line slot with variable paylines. So, if you’re intent on sticking to 0.01 per game, you can stake the middle line exclusively. The Senorita is worth 2,500 credits for a five-of-a-kind in the night round but sleeps during the day. You’ll whack pinatas and then swap wild symbols as the evening rolls around in this unusual slot experience.
Ancient Gods
RealTime Gaming has quite a few slots that feature 0.01 credits. However, when it comes to variable paylines, the options narrow.
Ancient Gods is an RTG slot that allows for penny play, though. It’s a 25-line game on a 5 x 3 board, so the middle line is in play with a 0.01 bet. Gameplay features multipliers and free spins. If you head into the bonus round based on four or five scatters, then your winnings will be doubled or tripled, respectively.
You’ll go old school with this Rival Gaming three-reel slot. It’s got one payline and very few symbols. The beauty of it is that you won’t be missing out on anything if you opt to play 0.01 per spin. You’re staking the only action in the game.
After you select a coin value, you’ll decide whether you want one, two, or three credits per spin. That’s where the prize differences come into play. For example, the top three-symbol combination pays 750 credits for one coin. If you increase your risk to 0.02, you’re eligible for 1,500, and three credits will reward you with 2,500, the all-around best in 7s and Bars.
The Tipsy Tourist
Betsoft takes you on holiday with Gary in a 20-payline game that has variable paylines, so it’s perfectly suited for penny players.
The Tipsy Tourist takes place on a 5 x 3 screen, so a 0.01 wager gets you action on the middle line. This particular slot features an unusual bonus round that’s a virtual drinking game. If you play well, your credit balance will rise significantly. Of course, it’s all relative, as you’ll reap more significant benefits if you opt for more paylines or more valuable credits.
My final pick is similar to Miss Kitty in its simplicity, although the themes are quite different.
Day at the Derby is another Rival Powered slot. While it’s a 20-line game, you can play anywhere from one to all of the winning ways. The top five-of-a-kind is worth 2,500 credits. But the best part of the gameplay revolves around the horse. Not only is it wild, but more than one horse on a payline will create a multiplier. There’s also a 20-game bonus with triple payouts.
Free Casino Penny Slots Online
Where to Find More Penny Action
My shortlist of top online penny slots in 2020 should give you a head start in finding a favorite low-limit game. But we stay up to date with new recommendations that come out.
Online Gambling Penny Slots
Whether you’re looking for a penny game, a new release, or just some overall recommendations, you’ll want to check out our collection of slots posts, as well as the list of all-around best casinos for slot gaming.