Tips On How To Win On Penny Slot Machines

How to win at slot machines? Is there a way to do that or it’s just pure luck? The answer is: it’s complicated. Slot machines are by their nature a game of luck and despite what you may read or heard, there is NO way to insure a win on slot machine.And yet, by using the information you can gather online you can significantly increase your winning odds.

By the way, by choosing to play slots online you are already half way there. Online slot machines payout rates are in general much higher than in land slots, therefore by playing real money slots online, you already have higher chances to walk way with some cash than in any brick and mortar casino.

Before we go deeper, here is a quick summary so you could skip to the part that interests you more:

  1. Picking the loosest slot machines.
  2. Using No Deposit bonus codes.
  3. Finding best Cashable casino bonuses with low wagering requiremnts.
  4. Understanding how online slots work.

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Finding the penny slot machines with a random jackpot to play can certainly an additional chance for a slot player to win better prizes. Penny slots with a random jackpot is found by looking from the overhead video screens of the penny slot machines which usually displays information about the jackpot amounts won on that slot. Penny slots are the most affordable game casinos offer. Casinos know that penny slots will draw gamblers into the casino to spend money on other games. Slot players can follow some simple tips to beat the odds while playing penny slots in a casino.

Slot Machine Tips

1. Pick the Loosest Slots

Unlike in land casinos, where there is no official information on the return of the specific game, many online slots providers post exact RTP of each slot. It’s surprising how many players ignore this valuable information. You would never buy a jacket or laptop without checking it’s price, and you shouldn’t do that here as well.

It’s impossible to list the payout of all online slots, but we prepared an updated rating of Loosest Slot Machines available online. Below, you can also find links to loosest slots by software. In the end of the day, playing slot machines with 98% payout vs. 88% will be worth a lot of money.

2. Cashable Bonuses

Not all bonuses are actually beneficial. In fact, many bonuses will only bound you to various terms and lower your odds. However, due to fierce competition, there are some great slots bonuses available online, if you know how to pick them up.

In fact, some of the best online casinos offer welcome bonuses that will bring your expected RTP above 100%. Meaning, you will have have and edge over the house. How is that possible? Simple. Some solid and reputable online casinos are sure that due to their superb service and wide game selection, you will stick around and become a regular player. Therefore, they don’t mind loosing on your first deposits and offer great bonuses. Here you can find a list of Best Cashable Bonuses with lowest wagering requirements.

3. Online Slot Machines are Smarter

You probably heard the word RNG. If not, RNG or random number generator is the algorithm behind all slot machines; program that every time you hit “Spin” chooses which symbols to show. There are many myths surrounding it and many write that it can be predicted in certain way- well, that’s not true. It cannot. Still, there are certain features in online slots that can generate you an advantage.

Hitting “Spin” on land slots is like throwing a coin- it doesn’t matter what happened in 100 previous times, each time the chances are similar. Online slot machines are “smarter”. They do remember what happened before- that way the casino can shorten the periods of loosing and winning streaks and keep the payout rate closer to what its programmed, which is something they want (prevents one player from winning again and again and on the other hand, shortens the losing streaks and gives each player to win from time to time so he will keep playing).

Some might say here: “That doesn’t make sense. That way a player can sit each time till the slot machine pays and cash out and the casino will go bankrupt.” That’s not true of course. First, the casino set’s the payout below 100%, therefore in the long run, the house will keep a certain percentage of the total bets. Second, online casinos and slot machines are different. In land based casinos, only one player can play the specific slot at that time, but online, there can be dozen and even hundreds of players playing the same slot machine at the same time and although the slot would pay up, none of the players can know to whom.

So how we can still use it in our advantage and increase our chances?

Rule #1: Know when to stop. To be more precise: know when to leave the slot machine and move on to the next. If you hit the jackpot or had a nice streak (our thumb rule is that you reached 10 times your original amount)-that’s the time to move on. Personally, after getting a nice win, I make few additional spins and then move on. Eventually the slot needs to level up and after going *10 times up, i don’t want to be there to see that happens.

The last tip, at least in this article is not easy to follow and we suggest it only for those with extreme patience and high bankroll (1000$/£/€).

Best Penny Slot Wins

Rule #2: Don’t switch slots every few spins. The idea behind this rule is similar to the previous one, but this part is harder. If you are playing one slot for some time, eventually it has to pay- so it’s better to stick to one slot machine till it pays. The problem here, as we stated before, is that you are probably not the only one that is playing this specific slot machine. That’s why you should go for slots that are less popular. How to find them- just avoid the ones that are most visible, not the ones at the top of the table.
I am not a very patient man and I rarely use this strategy. The only times i do use it is when I test a new online casino. Since the casino is new, I know that there are almost no players that visit it, combined with some not very popular slot, the chances are high that I am the only one that is sitting on this particular slot. With new casinos, 7 out of 10 times that I tried this method- it worked. And don’t forget, the payout rate of most online casinos is around 96-98%, so you don’t need much. You just need a little bit of patience to turn the odds in your favor.

Last and not least: Slots are not about making money, but fun and excitement.

Chck our best casino bonuses and 5 best payout casinos pages that will help you get started. Enjoy and Have fun!

Tips On How To Win On Penny Slot Machines
How to Win at Slot Machines? was last modified: April 2nd, 2020 by

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

How To Win On Slot Machines

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

Tips On How To Win On Penny Slot Machines Jackpots

As with any form of gambling, playing the penny slot machines should be approached with caution.

How To Win At Slot Machines

  • 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.

How To Win At Penny Slots

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.