Understanding Penny Slots

Online penny slot games are amongst the favorite type of games of many gaming enthusiasts. These type of penny slots have grown so much and so fast in popularity that can now be found at virtually all online casinos. Penny slots are a pretty safe bet for those who simply want to try out the gambling world where no dealers or loud players can break your concentration. Many of these players turn to real money once they have realized that these machines are safe and lucrative as well.

At just one penny a hit, everyone who plays penny slots shouldn’t have a problem with quickly falling in love and resisting to leave them. There are a great variety of penny slots games ranging from three reel slots, 5 reel games, interactive slots, progressive jackpot games and more. One simple category to start with is the classic three reel slot games. These games are easy to understand and not too distracting with special extra features like glitzy bonus rounds or spectacular expanding wild symbols. Although these features are great they can sometimes add to the stress of playing a new game.
A great three reel game to start with is the classic-looking Fantastic Fruit penny slot. This game resembles many of the first Las Vegas land-based casino slots with just only one payline and 5 different symbols to create winning combinations. Players can bet anywhere from $0.01 and up to $5 per spin. With up to 3 coins per bet and a total of $15 a bet, players can expect to see a maximum payout of 400 coins for landing the three classic cherry symbols. Also present is the slot players can find symbols like the famous Bars, lemons, grapes and green apples. The rest of the graphic design is pretty low-key with a selection of fruit images in the background.

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.

Interactive Penny Slots

Interactive slots have quickly become one of the biggest hits ever produced by the magnificent people at Rival Gaming. These games are incredibly unique and really stand out form the rest in many ways and will keep nay type of player entertained for hours on end with a full interactive story line and incredible bonus features and alternate endings. Interactive games are also great for all types of players, even those that are not that into online slots. The games are appealing to the great and experienced high rollers and those looking for the ever so popular online penny slots.

Some examples of interactive games out there are:
Cosmic Quest Slot
Cosmic Quest Saga
Cosmic Quest interactive slots series is divided into two parts. The first one is the Mission Control. The second part of the series is the Mystery Planets which contains multiple level of bonus rounds that increase the chances of hitting a great jackpot. Both games came be played for as little as a penny.
As the Reels Turn Slot
As The Reels Turn Saga
As The Reels Turn slots game is made up of three parts. Pat number three is probably the most exciting game of the series. This one is called “Blinded by Love” and players get to take part in a dramatic series of events that lead to fantastic bonus features and extra spins..
Baby Boomers Slot
Baby Boomers
Baby Boomers is on of the newest interactive slots that Rival Gaming has out out there. This game is all about taking a cruise vacation across 4 different destinations. Of course the game is packed with awesome bonus rounds and money making goodies.
Fixer Upper Slot
Fixer Upper
Fixer upper is a great way to introduce reality television into the online slot world. The game is about a newlywed couple who are trying to fix their house, just like on the tv shows that are so popular theses days. Also very popular is the concept of being able to play these games for just a penny!

Penny Slots alive for another six months

We were contacted by many readers of this blog, wondering what will happening to little innocent online penny slot machines. The reason they asked, in case you are unaware, is that the US government was pushing a law to abolish most forms of online gambling. And believe or not, this included betting pennies at slot machines. Now, we want to give a general update on this matter.

Penny slot players are in good hands with Obama’s administration. The implementation of the online Gambling Ban has been delay for another 6 months. It’s deadline was on this past December 1st and thanks to the efforts of some Democrats, as well as major banks and financial institutions, the Treasure of the USA has delayed it. They put some pressure on since the UIGEA (as the law is called) was not very clear in many things. Technically speaking, the online gambling ban does not pursue particular slot players nor the casinos themselves, rather it aims at stopping all financial institutions from providing payment services to and from gambling sites. According to specialists, the UIGEA is very unclear in many points so that banks and e-methods are not sure exactly what classifies as unlawful gambling site and which are considered legal. This uncertainty prompted the delay and we should expect a revision of the UIGEA in the following months. Some experts say that they will even try to pass a new legislation that will make legal for online gambling sites to operate and be taxed in the USA. This will make online gambling therefore much safer with more companies based within the US, and will provide a healthy income to the government of an estimated $2 Billion dollars a year.

This seems to be good news for now for online penny slot players in the USA. US players will still have several options for deposits and cash out winnings from online penny slots.