Penny Slots Online

Understanding Penny Slots Payouts

November 27th, 2009

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.

Penny Slot Machines are too cheap to play?

November 5th, 2009

Have you noticed people make fun of penny slot machines? The very thought of putting pennies into a machines while “hoping to win big” sounds absurd to many. But this is not quite impossible. Playing pennies is first of all a responsible way of gambling. Gambling $5 can last you a long time and you still have the element of excitement that comes with betting real money. Then, winning a decent amount is not altogether impossible. There are slot machines that have top jackpots of 10,000 coins. Playing on a penny slot machine with max bet (3 coins) could get you $300 on just a 3 penny bet.

As you can see playing for pennies is and cannot be ridiculed. It is perfect legitimate to play like that and still feel the thrill of gambling.

Another advantage of playing pennies is that you can risk little to win and if you win, then you can move up the denomination ladder and bet higher. If pennies get you $10, you can then place a nickel or dime machine and hope to get decent winnings there. In the end all you are risking is a few bucks here and there and when luck is on your side you get to play other casino games and higher slots out of profit only.

It must be remembered also that gambling is not only about winning. It is a form of entertainment, a way to momentarily forget the troubles of life. While playing online penny slots you can get both opportunities without having to add a new stress to your life when you see you’re losing too much at an online casino. When you play penny slots, losing too much money is never a concern and it’s easier to just have a ball.