Simply put, the payout percentage of online slots refers to the average amount of cash that would be returned to you as winnings, as compared to the amount that you wagered. The most important term to remember is “average”. The payout percentage cannot in any way guarantee the amount of money you might be winning in a single session. No wonder penny slots account for 50% of casino income. This is because while the unit of credits is worth a penny, you’ll be prompted to wager on all available paylines, often with multiple.
Table Of Contents
- Slot players flock to penny games even with the knowledge of lower payouts. A study found that penny games are the only form of gambling that had not lost revenue during the recession. This section is about the penny slots.
- In addition to penny slot jackpots, many penny slot machines offer a variety of bonus games that are built into the theme. To win penny slots, look for bonuses that include features such as free spins, bonus levels, and payout multipliers.
Penny slots are at the foundation of modern gambling. Penny slot machines have been the most popular ones in the United States for decades.
People would pay their buy-ins with nickels and hope for the best.
When Bally came out with their now famous 'Money Honey' slot, players enjoyed the fact that they were allowed to play for up to five nickels at a time.
Don't be fooled by the fact that the word 'penny' is used to describe these games. Penny slots are not as cheap as they sound.
The first things that pop into your mind when you hear the words 'penny slots' might be low payouts and low costs.
In fact, casino penny slot machines were also viewed as slots that cost nothing but a penny to play, which can't be further away from the truth.
New Penny Slots: 2020 Addition
We've decided to expand the list and present you with a few extra penny slots that have become increasingly popular in 2020.
Take a pick and try out a new penny slot:
Double Tigers
Double Tigers is a well-designed penny slot with 3-reel, 8-payline and d 96.43% RTP.
You also get to adjust the volatility levels thanks to their unique Volatility Levels™ feature.
Necromancer
Evoplay Entertainment has really taken that extra step towards improving the slots experience when they came up with this VR-inspired 95.9% RTP game.
Throw on your VR set, grab your mobile and transport yourself to a place where scary things are happening.
The three-dimensional penny slot world offers you 80 betways and a type of gameplay that you don't see often in gambling.
Disco Bar 7s
With coin value ranging from $0.01 to $50, the max bet you can place on Disco Bar 7s is $500.
It's a classic video slot, so there isn't much going on in terms of bonus rounds, but fill up the spots with Disco Ball wild symbols and score a 10,000-coin win.
This 3-reel, 10-payline slot features an RTP of 95.96%.
Care to see our all-time top 10? Scroll down and enjoy the list and reviews of the best 10 penny slots in 2020!
Top 10 Penny Slots
Penny Slots are more than sitting down in front of a machine and popping nickel after nickel into it, after which you pull the 'arm'.
In fact, today's online penny Slots are an extrapolation of the old ones.
Penny Slot | Theme | Play Online |
---|---|---|
Book of Dead | Egypt | Go to Game > |
Golden Colts | Wild West | Go to Game > |
Blaze of Ra | Egypt | Go to Game > |
Pirates Charm | Adventure | Go to Game > |
Vikings Go to Hell | Mythology | Go to Game > |
Divine Fortune | Mythology | Go to Game > |
Wild Wheel Big Money | Riches | Go to Game > |
Valley of the Gods | Egypt | Go to Game > |
Gold King | Riches | Go to Game > |
Temple of TUT | Egypt | Go to Game > |
These penny Slots are multi-line games allowing for more than one coin bet per line.
With themes like popular movies, shows and games, but also bonus features and special symbols, these penny slot machines represent the best there is in the gambling industry today.
But enough with the chit-chat! You're here to learn about the best penny Slots you can play right now.
Below you can find a list of 10 greatest penny Slot machine games to play online.
The sites that offer these games offer both free penny Slot machines and free penny Slots with bonus rounds, you'll surely find the favourite suits you best.
All you have to do is pick your favorite, as millions of players around the world vouch for the quality of these very best 10 games.
Book of Dead
We've already mentioned this penny slot, but we'll do it again, this time in more detail.
Wms slots for pc. This penny video Slot is extremely similar to the famous 'Book of Ra', yet still has some new features that will ensure good gameplay, emerging the player into the mysterious Egyptian-theme world the game depicts.
There are 5 reels and 10 paylines in the Book of Dead online Slots game.
The symbol to look for is the Book of Dead, which acts like the Wild and the Scatter of the Slot. Slot machine symbols meaning.
Golden Colts
If you get over the fact that this game is one of the creepiest out there, then you can start thinking about the Mega Symbols, Wild Reels, Stacked Symbols, Wilds, Scatters, Free Spins, and other features Golden Colts has to offer.
Penny Slot Payouts Game
Blaze of Ra
Here's another Ancient Egypt virtual world for the fans of gods and amulets to explore .
![Penny Slot Payouts Penny Slot Payouts](https://playslots4realmoney.com/wp-content/uploads/2017/05/So-80s.png)
The 5 reels are covered by 40 potential paylines, which is great considering the screen is cut into 4 rows and 5 columns.
The graphics of this game are very high-quality.
You have your desertic background with pyramids at the back of the reels, while the mighty god Ra stands on the left of the screen, watching your every move.
Land on a Scarab, the Scatter of the game for bonus rounds with free spins.
Pirate's Charm
This Quickspin penny Slot has a Mystery Charm Respin feature which lets you re-trigger bonuses repeatedly in the game.
The thing that makes this game stand out is the possibility to play on up to 243 paylines, which is why many players consider Pirate's Charm to be one of the best Slots ever produced by Quickspin.
As a penny Slot, you can start betting from as low as $0.2 on one spin.
The game feels like the movie Pirates of the Caribbean, offering great visuals and a theme song fitted for a pirate's life feel to it, with stunning visuals and a very nice pirate soundtrack.
Then, if you need more Slots of this kind, have a look at our curated list of the best pirate Slots.
Vikings Go to Hell
We are all familiar with the stories about the courageous Nordic Vikings, the rulers of the Scandinavian seas and the lands surrounding them.
Vikings Go to Hell is a 5-reel, 4-row, and 25-payline Slot featuring the last recorded years of these amazing people.
Of course, the story is fantasized, so the Vikings have to take on the demons of the underworld in order to make it out alive.
Look for the Sticky Wilds which will enable multipliers and free spins once they appear on your reel. The minimum bet? Just $0.1 for one spin.
Divine Fortune
Here's another penny video Slot to consider if you're into Ancient Greek-themed Slots.
This visually gorgeous game will emerge you into the world of the gods with its 5-reels, 3-rows configuration and 20 pay lines.
Having an RTP of 96.69%, Divine Fortune can be more like a 'Divine Comedy' when you land on some Wilds, for example.
There are also three progressive jackpots scattered throughout the game.
Wild Wheel Big Money
Wild Wheel might be just a penny Slot, but don't be fooled by that, as it has one of the most impressive arrays of bonuses in the industry.
Piggy Banks, Wads, Gold Coins, and Dollars, but also Gold Bars and Cash Suitcases, these are the symbols of this Slot.
When you land on 3 Wilds, you get to play the Wheel of Fortune Bonus Game. This is the feature you should hope to become familiar with since it is the best one in the game.
Valley of the Gods
Are you ready to take another trip to Ancient Egypt?
With nice, yet simple graphics, good sound effects and bonuses, Valley of the Gods is one of those Egyptian Slots with a simple gameplay but a great return for their players.
This game by Yggdrasil has the Anubis and the Horus statues as its most rewarding symbols.
The Return to Player rate is 96,2%.
Gold King
With the Gold King Slot, you won't get to earn all the gold on the planet, but at least can spend some time playing a game with good graphics, sounds, and gameplay. Free triple play video poker online.
The simple 5 reels, 3 rows, and 20 paylines make this game a favorite with both the novices and the experienced players alike.
Released only a few months ago, this new Slot game is already a hit and the symbols to look for are the Gold Bars and the Gold Kings, for free spins and other bonuses.
Temple of TUT
Remember the famous story of the discovery of King Tutankhamen’s tomb?
How about you yourself take on the trails of Howard Carter and George Herbert and try to figure out the mystery surrounding this Egyptian figure?
In Temple of TUT, there are more Super Reels than there are tombs in the Valley of the Kings in Egypt!
Land on 5 Free Spins Symbols and you will activate whopping 30 Free Spins.
The Stacked Wilds can be randomly discovered after any normal spin, but the symbols to look for are the Light beam and the Golden Scarabs.
Good luck not catching a cold, or a deadly Ancient Curse..
Penny Slots FAQ
It all depends on what you're looking for. Penny slots are amazing for players who like to spend time getting to know the slot machine and spinning reels without the pressure of making bug bets.
Penny slots are great because you can bet as little as $0.01 while you're still learning the ropes, but if you're looking to land some wins, you will probably need to increase your bets. There is no single trick that will help you win on penny slots every time, but slot strategy tips will come in handy.
Generally, if you want a penny slot machine with the best odds, you should aim at those with RTP over 97%. Progressive jackpots, bonus rounds and free spins features should also be taken into account when you're deciding how much you could win on a particular slot.
It's hard to say what penny slot game is the best to play because it varies from person to person. We've put together many great penny slots, so skim through the article and see what strikes your fancy - this list of top penny slots will have your new favourite on it.
The promotion presented on this page was available at the time of writing. With some Casino promotions changing on daily basis, we suggest you to check on the site if it still available. Also, please do not forget to read the terms and conditions in full before you accept a bonus.We may earn money from the companies and products mentioned in this post.
Casinos in Las Vegas are required to report their gaming win to include slot hold percentage (amount they win from players) to the Nevada Gaming Control Board. With 2018 behind us, the Board recently reported their gaming win statistics for the past year which we will break down below. This data should assist us in identifying where we can find the loosest slots in Las Vegas!
We will be looking at all “non-restricted” locations (essentially the big casinos) and their data from the past year (Jan 1, 2018 – Dec 31, 2018).
The reporting we’re looking at doesn’t drill down to the individual casino level, rather, groupings of casinos by geography. We’ll help you identify the casinos in each reporting zone that have machines featuring a lower casino win percentage (or hold) so you can play where your money will last.
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As a matter of housekeeping, casino slot “win percentage” is defined as the % of the total amountwagered by the player that the casino held as profit. For instance, a 7% casino win percentage means the casino, on average, kept 7 cents of every dollar bet on slot machines.
Example: A player put $10 into a slot machine and made his money last for a bit playing a total of $100 in spins before losing it all. The total amount wagered by the player was $100 and the casino won, or held, $10 resulting in a 10% casino win rate.
Now we get down to brass tacks. Where will we find the loosest slots in and around Vegas in 2019? Slot machines in the North Las Vegas and the Boulder reporting areas tended to be looser than those on the Strip and on Fremont with a 6.58% and 5.81% casino win percentage respectively.
Penny Slot Payouts Payout
If chasing slots that pay out is more important than being in Vegas, the slots in Reno offered a player friendly casino win rate of only 5.45% in 2018.
Since the area immediately surrounding Las Vegas is divvied up in to separate reporting areas, it can be difficult to know which casinos fall into which.
Casinos in the looser Boulder reporting area include: Sam’s Town, Eastside Cannery, Arizona Charlie’s, Boulder Station, Sunset Station, M Resort, Fiesta Henderson and Green Valley Ranch.
Slot Machine Big Payouts
Casinos in the looser North Las Vegas include: Jerry’s Nugget, Silver Nugget, The Cannery, Fiesta Hotel and Casino, Texas Station, Cannery and Aliante.
It’s clear from the chart above that the more popular an area is with tourists, the tighter the slots get. Slots on the Las Vegas Strip had a win percentage of 8.12% and Downtown Las Vegas was only slightly better at 7.64%.
It’s also interesting that slots on the Strip and Downtown have gotten continuously tighter over time – 2018 was no exception. Slots on the Strip held 8.12% of money in 2018 vs. 8.04% in 2017. In the year 2000, slots on the Las Vegas Strip held only 6.02%. We’re going the wrong direction!
The same tightening trend is apparent Downtown as slots held 7.64% in 2018 vs 7.34% in 2017. Looking back to the year 2000, slots Downtown held only 5.33%.
Was there a specific denomination of slot that rewarded players more regularly in 2018? It won’t likely surprise you that higher denominations are looser than smaller.
Megabucks were by far the tightest slots in Vegas at an astounding 13.12% casino win percentage. Penny slots, the most popular denomination with gamblers, were not overly generous at a 10% casino win rate.
One mistake I see many gamblers make is playing $1, $2, $3, or more per pull on a penny slot. If you are wagering that much per pull anyway, play a larger denomination to improve your chances of winning.
We hope this helps you find slots that pay out in and around Las Vegas! Just remember, it’s better to get off the beaten path and play larger denominations when it makes sense.
Penny Slot Payouts Online
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