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Claim: According to official data, slots account for more casino revenue than any other gambling game.

Slots are the easiest games in the casino to play -- spin the reels and take your chances. Players have no control over what combinations will show up or when a jackpot will hit. There is no way to tell when a machine will be hot or cold. Still, there are some pitfalls. It's important to read the glass and learn what type of machine it is. The three major types of reel-spinning slots are the multiplier, the buy-a-pay, and the progressive.

The multiplier. On a multiplier, payoffs are proportionate for each coin played--except, usually, for the top jackpot. If the machine accepts up to three coins at a time, and if you play one coin, three bars pay back ten. Three bars will pay back 20 for two coins and 30 for three coins. However, three sevens might pay 500 for one coin and 1,000 for two, but jump to 10,000 when all three coins are played. Read the glass to find out if that's the case before playing less than the maximum coins on this type of machine.

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The buy-a-pay. Never play less than the maximum on a buy-a-pay, on which each coin 'buys' a set of symbols or a payout line. The first coin in might allow the player to win only on cherry combination, while the second coin activates the bar payouts, and the third coin activates the sevens. Woe is the player who hits three jackpot symbols on a buy-a-pay with only one coin played--the player gets nothing back. A variation is the machine with multiple payout lines, each activated by a separate coin. All symbols are active with each coin, but if a winning combination lines up on the third-coin payout line with only one or two coins played, the payoff is zero.

The progressive. You also have no reason to play less than maximum coins on a progressive machine. A player who eventually lines up the jackpot symbols gets a percentage of each coin played. The first progressive machines were self-contained--the jackpot was determined by how much that particular machine had been played since the last big hit. Today most progressives are linked electronically to other machines, with all coins played in the linked machines adding to a common jackpot.

These jackpots can be enormous -- the record is $39,710,826.26, a $1 progressive at a Las Vegas casino. The tradeoff is that frequency and size of other payouts are usually smaller. And you can't win the big jackpot without playing maximum coins.

If you must play fewer than maximum coins, look for a multiplier in which the final-coin jump in the top jackpot is fairly small. Better yet, choose a machine that allows you to stay within your budget while playing maximum coins. If your budget won't allow you to play maximum coins on a $1 machine, move to a quarter machine. If you're not comfortable playing three quarters at a time, move to a two-quarter machine. If you can't play two quarters at a time, play a nickel machine.

With so many paylines and the possibility of betting multiple coins per line, video slots are different. Some penny slots with 20 paylines take up to 25 coins per line. That's a $5 maximum bet -- a pretty penny indeed! Most players bet less than the max on video slots but are sure to cover all the paylines, even if betting only one coin per line. You want to be sure to be eligible for the bonus rounds that give video slots most of their fun. Some progressive jackpots require max coins bets, and some don't. If a max-coins bet is required to be eligible for the jackpot and you're not prepared to roll that high, find a different machine.

Money Management

Managing your money wisely is the most important part of playing any casino game, and also the most difficult part of playing the slots. Even on quarter machines, the amount of money involved runs up quickly. A dedicated slot player on a machine that plays off credits can easily get in 600 pulls an hour. At two quarters at a time, that means wagering $300 per hour -- the same amount a $5 blackjack player risks at an average table speed of 60 hands per hour.

Most of that money is recycled from smaller payouts--at a casino returning 93 percent on quarter slots, the expected average loss for $300 in play is $21. Still, you will come out ahead more often if you pocket some of those smaller payouts and don't continually put everything you get back into the machine.

One method for managing money is to divide your slot bankroll for the day into smaller-session bankrolls. If, for example, you've taken $100 on a two-and-a-half-hour riverboat cruise, allot $20 for each half-hour. Select a quarter machine -- dollar machines could devastate a $100 bankroll in minutes -- and play the $20 through once. If you've received more than $20 in payouts, pocket the excess and play with the original $20. At the end of one half-hour, pocket whatever is left and start a new session with the next $20.

If at any point the original $20 for that session is depleted, that session is over. Finish that half-hour with a walk, or a snack, or a drink until it is time for a new session. Do not dip back into money you've already pocketed.

That may seem rigid, but players who do not use a money management technique all too frequently keep pumping money into the machine until they've lost their entire bankroll. The percentages guarantee that the casino will be the winner in the long run, but lock up a portion of the money as you go along, and you'll walk out of the casino with cash on hand more frequently.

That is changing in new server-based slots that have started to appear in casinos. Operators will be able to change payback percentages at the click of a mouse, but they still must have regulatory approval to do so.

There is a lot more to slot machines than meets the eye. But if you learn the ins and outs of playing them, you can use some strategies that just might help you hit the jackpot.

^©Publications International, Ltd.

Penny Slots For Free

The phrase “penny slots” refers to slot machines that accept wagers in denominations as low as $0.01. These days, most slots offer multiple line wagers and other bet multiplier options allowing for bets of much more than a penny per spin, but because players ostensibly can play the game at $0.01 per round, it is considered a penny slot.
It’s clear why penny slot machines became so popular. The appeal of inexpensive entertainment is obvious; penny slot machines can stretch a slim bankroll a lot further than games that require bigger bets. Most people interested in choosing those games, do so because they want to have more time on the gaming floor, not because they’re the type of player that chases huge prizes.

It is true that payouts are generally smaller on games that cost the bettor less to play. Even so, penny slot machines made a quit large number of millionaires. Lately a man in Las Vegas won a jackpot of more than $18 million in 2014 on minimum denomination slot, so big paydays are available depending on the game.

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In online casinos, slot machine took another step in their evolution. It’s actually hard to find a classic penny slot machine on internet. Online penny slot machines offer much wider range of bets and denominations: the same slot can be a 1 cent slot machine and at the same time a high limit – $250 per spin – slot. There are 3 main reason for that change:

1. Technology – unlike in brick and mortar casinos, in online slots the bet size is not limited by physical coins/chips/notes and can be changed with a click of a button.
2. Appealing to wide range of players: Many players can play the same online slot machine at the same time, which is obviously impossible in land casinos. After all the work of designing, developing and testing, casino operators want the slot to appeal to the widest range of players.
3. The most important reason for us as players to notice: It allows players opportunities to get carried away. Don’t forget, casinos are a business as any other business and they are here to make profit. If a player that was betting $0.01 per spin starts playing $1, $5, $10, the casino turnover will be 100+ times higher.

To bottom line: Online penny slots, similar to their brick and mortar “compatriots”, are a great way to enjoy playing slots for real money without risking high stakes and the variety you can find on the internet is enormous. The tricky part of online penny slots is that in most cases, we have to limit the maximum bet per spin ourselves, since the machine won’t do it for us.

*If you are playing most of the time on your mobile, please visit our mobile penny slots page to find which games are available on mobile and in which mobile casinos you can play them.

How to Play?

People familiar with how a slot machines work will have no trouble playing penny-denomination games, as there is no difference between these types of slots and any other. These days, the majority of penny slot games are still on the simple side – many “classic-style” games (with a single line and three reels) offer penny wagers, and even those titles that aren’t simple single-line games offer fewer features than more “expensive” ones.
The only trick to learn is to determine how much you want to wager per-spin; that means taking both credit size (the value in cash of each unit of a wager) and number of credits under consideration. Bettors on a budget who want to squeeze as much play time as possible out of their bankroll should stick to the lower end of the scale, while budget-conscious players who don’t mind being a little risky should bet maximums in order to earn the biggest possible payouts.

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How to Win at Penny Slots

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Despite all the tips and myths that you heard or can read on the internet, the truth is that there is no way to beat the system and consistently win at penny slot machines. The only rule that we think that players should follow is to set up a limit of how much they bet per spin and to stick to it. Penny slots can draw money faster than one would expect and it’s important that you won’t get carried away and start betting $$ per spin.
There are, however, many ways to make your time more entertaining and a few tricks to getting freebies from the casino. Every penny you earn in freebies and rewards from the house is a thin slice of the casino’s advantage peeled away.
To walk out of the casino with a smile on your face you can either win a bunch of cash or have a great time. There’s no way to guarantee the big wins, but you can try different tactics to keep the game enjoyable – change paylines, rotate machines so you don’t fall into a routine and stop playing if you get emotional.
Penny slot games offer a lot of entertainment and can be played at a very low cost – that’s their main appeal. Some, very few, lucky fans will win million-dollar jackpots; the rest of us will be content with the additional game time available on penny-denomination slot games.

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