How much can I win with Penny Slots?

Playing slots in penny denomination is as low as you can go. It is expected too that the winnings you can make are the lowest of their kind. Think again.

Although penny slots are the cheapest slots available they don’t necessarily have just small jackpots. Like all slot machines the jackpots range from mere jackpots that are the same value as the original bet to jackpots that greatly multiply your bet. Some penny slots have jackpots above 10,000 coins in max bet which usually 3 coins. So for a 3 coin bet (3 pennies) you can easily make $300. $300 is a fairly reasonable sum for a spin that costs the same amount of change you drop and don’t bother to pick up. In fact, $300 is even a considerable amount for a $1 spin and people that spin at $1 machines are happy when they get such high amount. Now, obviously, it does not happen on every session that a player will hit $300 for a 3 penny spin but the point is that it is possible. While playing penny slots you can still make quite a profit.

A very good session on penny slots you can end up with $25 to $100 profit. In an extremely good session you can end up to $500. Considering that you are risking for this only a few bucks, playing penny slots can be highly profitable when luck sticks to your side. We recommend players that are on a budget to stick to these slots which can give them the thrill of gambling, winnings and taking a profit without much risk of going bankrupt. For this reason penny slots online continue to be a favorite form of entertainment for casino-goers. There will probably be a day when a casino will launch that is exclusive built with penny slots.

Win all of Cleopatra’s Coins for Just A Penny!

Cleopatra’s Coins slot machine is another great game developed by Rival Gaming. This 5 reel and 15 payline video slot was created to be more than a money-maker, but rather a fun slot that you can play for as little as a penny. Thats right! One penny! This fabulous slot features all the goodies that you love like flawless graphics and animations all the while you get to play with wagering amounts from $0.01 and up to $0.50. Works fine for every type of gambler out there.
Cleopatra Slot
The game begins with a superb animation about that period of time when Queen Cleopatra was the last pharaoh of Egypt. Everything about the slot revolves around this ancient time with symbols such as Julius Caesar, Marc Antony, a Scarab, the Sphinx, the pyramids, an ancient coin and various of the ancient Egyptian hieroglyphics. In addition to these awesome symbols, the game also features background sounds with classical Egyptian music. I find this to be incredibly appealing because it really puts me in the mood of the specific theme of the game.

Playing Cleopatra’s Coins slot is not only fun but it’s also inviting for its huge winning possibilities with as little as one penny investment. This game has a wild symbol, a free spins round and a fun bonus game. The Free Spins round is triggered when players land three, four or five Asp symbols with 10, 20 or 100 free spins respectively. When the free spins round is activated players will get the chance to triple their winnings. Cleopatra’s Coins also has a fantastic bonus game. Players have to land three or more Egyptian coins to enter a secret chamber with Queen Cleopatra herself. In this room players will need to break a series of urns and collect either a nice amount of coins or a set of free spins.

Popular Online Penny Slot Games

Land based casinos have always taken pride in their extremely successful penny slots and this trend has quickly moved over to the online gaming world. These days online penny slots are very popular specially in video slot games that offer multiple lines to create a series of winning combinations and with paylines anywhere between 5 and 30 lines.

Penny slots have become so popular that online software developers are in constant competition to put of there the best penny slot in the shortest amount of time. Most of these games offer players extra features like bonus rounds, free spins and attractive jackpots.

Some of the best penny slots are:

Jaques Pot Gourment
5 reel, 20 payline online slot from Rival Gaming with a fantastic bonus feature. Betting ranges from a penny per spin and a maximum jackpot of 40,000 when playing with the maximum betting amount of $0.25.

Spy Game
With Spy Game you get to be James Bond for a day. This penny slot features 5 paylines and players can wager up to 5 coins per line. The wagering amounts range from 0.01 to 0.50 and the maximum jackpot is of 800 coins with a total maximum payout of 9,600.

Psychedelic Sixties
A great interactive penny slot created by Rival Gaming. This online slot offers a coin size from 0.01 to 0.25. Players can wager from 1 to 10 coins per payline with a maximum betting amount of $50.

Hole in Won
Finally a penny slot machine game for golfers! This is a great game with 5 reels and 15 paylines and players can play for as little as a penny a line. Hole in Won features great golfing bonus rounds and great extras.

The Atomic Age
Relive that wonderful era of the 1950’s and 1960’s with The Atomic Age penny slot powered by Rival Gaming. This is a 5 reel and 15 payline video slot with bets anywhere from $0.01 to $1.00 per coin and up to 5 coins per spin.

Understanding Penny Slots Payouts

One of the single most important things you should consider before playing penny slots online is understanding the payout percentage of the online slot that you’re about to play. This notion will help you know which slot games you should avoid and which could award you better prizes. The payout percentages in online slot machine games are very important if you want to calculate your future winnings. Payout percentages are an estimate of what that specific slot machine that you’re playing should payout when you score a winning pattern. Online casinos usually report on their website how much a specific machine or game should payout which works very well if you’re scouting around for the casino that best suits your needs.

Some players think that if a machine reads of having a 96% payout it will mean that they could win back 96% of their investment but this is far from the truth. In reality, the expected payout percentage is based on the lifespan of that slot machine. This means that the payout percentage is calculated on how many years the slot machine is supposed to last. If it is 10 years, then that 96% payout is calculated over a 10 year span.

Many online casinos offer different types of slot machines with different payout percentages. Online slots typically range from 96% to 98.5. The different types of games vary from casino to casino,However, it is important to remember that these what was mentioned before about the lifespan of the machine. Penny slot machines will pay less than the machines with higher limits. These will usually provide a higher payout percentage- Nevertheless, this does not mean that you should avoid penny slots. Even though higher payout slots many seem more exciting, these will cost you more over time and you could go broke quicker than the speed of light.