High Risk Penny Slot Machines?
February 11th, 2010
Penny slots machines have been favorites of slot players all around the USA. You don’t need a big extra wad of cash to play these games and you still experience the fun of playing with real money. Some people have asked me if there are any high risk penny slots. This is a very important question to formulate.
For those that don’t know what a high risk slot is, I’ll quickly summarize what the term means. High Risk is the name given to slots that present higher risk to the casino (and obliquely to the player too). The slots of this kind are programmed in such a way that they will give off very high jackpots. The paytable will usually have top jackpots of 10,000 coins or more. Especially games like video slots or I-slots, which have sets of free spins, wild icons with multiplier and bonus round, in all these bonus features the game are likely to pay very highly. The casino considers these to be high risk because any player may come and place a small bet and hit a high jackpot. However, we can state that the player conversely has a high risk too when playing these slots. You see, the high jackpots are not given that often and it takes many spins, sometimes hundreds or thousands, before a high jackpot is actually hit. In short, the high risk slots pay high but at very long intervals.
High Risk penny slots would be great because you would get to risk only a few pennies per spin and play for long hours waiting to hit those big jackpots. There are indeed some penny high risk slot machines but you should not get too excited about them. The reason being that even though you will get a chance to play long enough to hit the big jackpots, the jackpots will be proportionate to your bet amount (penny) and you could receive perhaps as high as $100 jackpots but it can take you that much to get to a spin that will deliver such a high amount. In the end, it’s similar to playing low variance slot games which will pay you less but at a higher frequency.
