Slots are the most popular online casino games, loved by many for their diverse themes and large potential payouts. Many kinds of online slot machines cater to various player preferences.
One of these is the penny slot, which typically requires as little as one cent per payline to play. Read on to learn all you need to know about penny slots, including the best strategies to maximize your returns.
What Are Penny Slots?
Penny slot machines are the perfect option for casual gamblers seeking entertainment or players with smaller budgets. They were especially popular in the early 20th century when gambling with slots first came to prominence.
Today, you’ll find them at both online and land-based casinos, though their numbers are admittedly dwindling. In some regions, they are allowed in high-traffic areas where passersby can play a quick game with little investment.
Like regular slots, penny slots have their own return to player (RTP) percentages, volatility levels, maximum win values, and bonus features. The primary difference is simply the minimum cost of a bet per line.
Tips and Tricks To Win at Penny Slots
As casual as penny slots may seem, you shouldn’t overlook the potential to win serious prizes. Similar to your typical casino game, they are unpredictable, with results created by Random Number Generators (RNGs). However, you can tilt the odds in your favor slightly with these tips and tricks.
1. Find the Right Penny Slot
This is where it all begins. You have a better shot at long-term success if you choose a penny slot that suits your budget. One of the casino slot machine secrets you might not know is that most penny slots don’t cost one cent.
These machines use paylines that all require a penny each to play. Most slots offer multiple lines. For instance, a slot might have 10 paylines, so to cover all of them, it’ll actually cost you 10 cents per spin. If you cover fewer lines with your bet, you’ll have less chance of winning. But covering more lines increases costs, which may not suit your bankroll.
2. Understand the Rules of the Game
When it comes to gambling, having the correct information makes all the difference. This is especially crucial for new players.
When playing slots, symbol combinations will obviously earn you wins. But that’s not all. Some games have payline and betting limits that determine whether or not you qualify for certain bonus features. For instance, you might not be able to win the full jackpot if you don’t cover all paylines. Make sure to understand the rules and avoid potential disappointment.
You may also discover that your chosen slot has a lower RTP than the advertised value. This is because some casinos change the default game settings. Again, reading the game’s rules before starting is vital.
3. Use Casino Bonuses
Casinos entice players to join by awarding welcome bonuses. In most cases, this is a deposit match deal, where the casino gives you a percentage of your initial deposit to top up your account. Sometimes, free spins are also added to the package.
Bonuses give you more playing opportunities, meaning more chances to win. The extra funds also reduce financial risk, helping you to play more confidently. Casino bonuses are an excellent way to expand your bankroll if you use penny slots due to a limited budget. But they come with terms and conditions, so be sure to read these before accepting the offer.
Similarly, playing in slots tournaments and climbing the leaderboard can reward you with prizes like free spins. You often won’t even need to pay an entry fee, but you could still win cash or bonus money.
4. Stick to Your Bankroll Management Plan
Every experienced gambler knows that bankroll management is a non-negotiable when playing slots. Decide what your maximum loss or win will be before you play. Why? Well, it’s easy to get sucked into an endless loop of spinning, either to chase losses or grab more wins.
Even if you play penny slot machines with the best odds, wins are not guaranteed. Losses can accumulate if you’re unlucky, and it’s tempting to throw good money after a bad round. By creating and sticking to your plan for bankroll management, you’ll stay on top of things. Try to view slots as the form of entertainment that they are, not a way to try and win money.
5. Consider Progressive Jackpots
A progressive jackpot slot creates a shared prize pool by taking a portion of every bet per spin and putting it into a jackpot prize. This jackpot keeps growing until a lucky player hits the winning combination, triggering a payout. These prize pools can be anywhere from four to seven figures.
The potential for such a juicy win is a great reason to choose progressive jackpots as your penny slot option. Even better, you don’t need much money to qualify for the jackpot. As long as you’re in the game, you have a chance.
6. Know When To Stop
This advice applies equally to penny slots, live dealer casino games, and regular casino table games. Knowing when to wrap things up is extremely important. Bad gambling habits stem from not knowing when to quit, and that’s where the fun stops and the problems can start.
Take a break from time to time to enjoy other activities. The change of scenery will help take your mind off gambling. You can also reconsider your strategy and bankroll during these breaks to prepare for your next session.
How To Find the Right Penny Slot Machine
You’re now armed with some handy strategies for penny slots. However, it all begins with finding the best penny slot machines to play. First off, consider the RTP.
Penny slots are famous for their notoriously low RTP rates, but if you look carefully, you can find some rewarding games. Anything over 96% should be your target, which is considered above average.
Although you want to make money while playing, online slots are primarily for entertainment. So, as you search for the right penny slot, consider your personal preferences. If you don’t find a game fun, you’re more likely to get stressed and make bad decisions. Ensure your chosen game has the right theme and features for you.
Finally, consider the slot’s volatility. A highly volatile game won’t award wins often, but they tend to be sizable when they appear. On the other hand, low-volatility slots offer more frequent wins, but these are relatively small on average. Choose a penny slot with a volatility level that accommodates your risk tolerance levels.
Make Every Penny Count at Borgata Online
Look after the pennies, and the dollars will take care of themselves. Explore these strategies for playing penny slots, and you just might find yourself next in line for a big win. Register at Borgata Online to enjoy an engaging selection of such titles and a variety of casino table games.