My back story: I used to take a BR of about $800. I'd head to the high limits room at my local. I mostly played $5 WOF and Quickhits ($10/$15 a spin). Did I burn through the money in an hour or two? Yep. But when I was going to the HL, I'd often walk out with $400 or so extra in my pocket. Or I'd leave with a handpay or two. But I couldn't afford to do that and losing $800 in 90 minutes was killing me. So I started playing penny slots, often at max bet. I feel like i lose MORE overall paying the pennies with the same investment as I did in the HL room. yes, the entertainment lasts longer. But chasing the bonuses on these machines at $2.50 or $3 a spin is sooooo painful. After $200, if I get a bonus, I'm lucky to get $40 back. If I took that $200 and played $5 WOF, I might walk out with an extra $100. Or not.
All I know is this: When I played in the HL room, I'd get probably 5 handpays a year. Since I've been playing pennies, I've gotten 4 handpays in the last 4 years . total! I remember each one:
5 Dragons Deluxe: $2.40 bet/HP of $1250
WW II: $1.50 bet/$4800 (it was a crazy lineup of three rows of ladies and ravens)
Buffalo: $4 bet/$4600 (3 buffalos in each row--crazy)
Timberwolf Deluxe: $2 bet/$1250
Penny slots are known for their affordable bets. As their name suggests, penny slots only charge $0.01 per payline. This makes them very popular among gamblers who count their money. If you want to play for real money but your budget is scarce, penny slots will become a great solution. With them, you get a chance to make profits without spending a fortune!
- The obvious difference between the slots that require high stakes and the penny ones is that one penny, even one dollar mean nothing compared to the maximum bet on risky, high volatility slots. Meanwhile, betting only the hundred part of a dollar is completely enough for spinning a big number of rounds on a low limit machine, thus prolonging.
- Feb 13, 2015 Why It's Hard To Win on Penny Slot Machines with Slot Machine Expert Frank Legato. Brian Christopher Slots 419,599 views.
Advantages Of Penny Slots
Answer 1 of 21: Im going back for my 3rd trip to Vegas in 2 weeks and I usually just play VP. I tell myself if I play any slots I will play dollar slots but I tend to see a lot of post regarding Penny slots. Which have been the most generous to you? Penny Slots vs. Dollar Slots. What is the difference? Each bet on penny slots is worth 1 penny. This figure is $ 1 in dollar slots. The difference is the prize amounts. 1 dollar slot machines pay more than penny games. How much do dollar slots cost? As the name implies, the cost of the game is $ 1.
The key advantage of small-denomination slots has to do with low minimum bets. If the size of your bankroll leaves much to be desired, there is a way out! Even with little money at your disposal, you’ll still be able to make a few dozens (or even hundreds) of wagers.
Play Top Dollar Slots
Penny bets are an ideal solution for trying out a new slot. Go ahead and make a few bets. Even if you don’t like the game, you won’t regret wasting a small fortune on it! Penny slots minimize your spending while allowing you to enjoy gambling full-scale! You can also use penny slots for testing strategies.
Penny Slots vs. Dollar Slots
The main difference between penny and dollar slots has to do with the size of winnings. Naturally, a small bet won’t bring you a big payout, even if you land the highest-paying combo. Let’s take an example to clear things up.
Suppose, you’re playing a penny slot and make a $0.01 bet. If you hit a x1000 multiplier, you’ll get paid $10. Not much, huh?
If you played a dollar slot and your initial bet was $1, the same multiplier would generate a $1,000 payout. The difference speaks for itself!
Here is another important distinction. Penny slot machines tend to have a lower RTP than their regular counterparts. This is because small-denomination slots are less profitable for a casino. To make up for missed profits, casinos lower RTP percentage. For players, this means less frequent winnings or lower multipliers.
For example, the player wagers $1 per spin and makes 300 spins per hour. If the slot has a 90% RTP percentage, the player will get back $270. The remaining $30 will go to the casino.
In the same player played a penny slot, the casino would only earn $3. Now you can see why the only way for the casino to boost its profits is to lower RTP.
Penny slots usually don’t have progressive jackpots. If your ambition is to grab a life-changing money prize, keep away from small-denomination titles. If you’re dreaming of big wins, you’ll have to forget about 1 cent bets!
Free online poker full tilt. Penny slots are characterized by plenty of paylines. This is a smart trick that encourages players to activate more paylines - and therefore increase their total bet. Instead of the familiar paylines, you may come across slots with 243 ways to win, where all the pay ways are always active by default. At the same time, dollar slots tend to have fewer paylines.
Dollar Slot Machine
When playing dollar slots, each losing streak can take a serious toll on your bankroll. With penny slots, you don’t have to worry about big losses.
Dollar Slots Vs Penny Slots
Things To Remember When Playing Penny Slots
Penny Slots Or Dollar Slots
Don’t let the whole small-bets-thing put you off guard. When playing penny slots, you’ll be experiencing losses like in any other game. Your bankroll will be melting slowly without you even noticing! As a result, you risk draining away a big part of your budget. To avoid this, be sure to follow the basic money management rules. Set a stop loss and stop win, make same-size bets, and keep an eye on your bankroll.