Your Complete Guide To Online Casino Penny Slots

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Posted: August 22, 2023

Updated: August 22, 2023

Though penny slots were originally developed in the 1960s, they have become one of the most popular games in the casino today.After all, they're incrediibly sinple to play and yet can offer some sizable prizes for lucky winners. UK online casino players can find them at any number of online casinos. However, though they may first appear to be cheap to play, they are designed to intice players towards higher paying slot games.

Though penny slots were originally developed in the 1960s, they have become one of the most popular games in the casino today. After all, they’re incredibly simple to play and yet can offer some sizable prizes for lucky winners. UK online casino players can find them at any number of online casinos. However, though they may first appear to be cheap to play, they are designed to entice players towards higher-paying slot games.

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Exploring Casino Penny Slots

The term “Penny Slot” can be a bit misleading. After all, the notion of playing slot machines using actual pennies is a thing of the past, relegated to museum displays. Therefore, the concept of playing penny slots, quite literally for mere pennies, is no longer viable. Delving into the world of playing penny slots, we must journey back to an era when nickel-operated slot machines were all too common.

However, a pivotal moment arrived in 1960 with Bally, a prominent slot machine manufacturer, introducing an innovative creation known as the “Money Honey.” While this machine indeed accepted pennies, it helped the gameplay with the simultaneous use of five coins. Despite the fact that players were effectively wagering more with each pull of the lever, these multi-line coin machines enjoyed immense popularity.

Modern Penny Slots: Enhanced Entertainment But At A Cost

In the contemporary realm of slot machines, the experience is laden with the exciting addons of electronic gaming. Whether encompassing theme songs from beloved TV shows, snippets from movies, bonus screens, and specialised payouts, these machines offer a plethora of entertainment features. However, these additional extras come with a price. So, though they might be called penny slots, it’s worth noting that they cost significantly more than a mere penny.

penny slots
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For instance, Konami, a Japanese gaming company, produces games like “Race Driver” and “Beat The Field.” Both these games demand a minimum of 50 coins to initiate play. This is equivalent to a single dollar per spin. Other slot machine manufacturers require players to feed their machines with over 100 coins per spin. Now considering machines with up to sixteen rows of reels, then the expenditure adds up to approximately $1.50 for each spin. This translates to a substantial sum of 1,600 pennies.

In the case of IGT, a prominent slot machine manufacturer, there exists a penny variation of the popular game “Megabucks.” However, the standard version of the same game only accepts dollar denominations, necessitating $3 for a single spin. Obviously this is a far cry from a single penny. Interestingly, the “Penny Megabucks” version, in spite of the word “penny” in its name,  requires approximately 300 coins per spin. However, in truth, this aligns with the requirements of other machines from within the same manufacturer’s lineup.

The House Always Holds The Advantage

We’ll be the first to admit that playing with these slot machines at an online casino like 22Bet Casino undoubtedly provides entertainment. In fact, it can even become quite captivating. However, to become eligible for the larger rewards, you’ll need to step up your spending game.

penny slots
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To this end, it’s crucial to review the payout tables present on each slot machine before you start your play in earnest. This way, you can ascertain the minimum bet required to claim any potential jackpot prizes. There’s nothing more disheartening than hitting the jackpot and rather than receiving a substantial sum of money, you end up with just a limited number of free spins.

For instance, if you’re playing in a 25-cent video poker game, at one of the best casino sites in the UK, you’ll need to wager five coins to qualify for the 4,000 coin flush. Effectively, this amounts to $1.25 per spin. On most penny slots, there are varying Bronze, Silver, and Gold payouts. Yet, in order to meet the criteria for these payouts, you could end up investing anywhere from £2.50 to $5 per spin, and these costs can swiftly accumulate. Like we said, penny slots are far removed from just spending pennies to land any prizes.

The Psychology Behind Penny Slots Rewards

In the past, the conception of land-based casinos was closely associated with the influence of organised crime. While this isn’t entirely untrue, the casino environment, its game designs, and layout owe more to psychological principles than to mere thuggish influences. Human beings are inherently creatures of habit, with habits offering a sense of security.

penny slots
Picture Source: Wallpaper Flare

Thus, when a player consistently receives even minor payouts, such as from penny slots, their mind is flooded with dopamine, leading them to believe they’re a triumphant winner. The mind is effectively deceiving them. Even better, dopamine is addictive, meaning a gambler can never get enough. This is why the casino will always emerge as the ultimate victor.

Play Penny Slots With Minimal Expenses

The design of penny slots is inherently engineered to deliver frequent but modest payouts. This is the allure that draws gamblers in. Often caught up in the exhilaration and entertainment aspects of the slots game at hand, they often overlook the fact that the payout is less than their wagers. Given that the amounts inserted into the slot machine are relatively small, players can easily be fooled into feeling at ease.

The slots machines themselves are also crafted to facilitate this cognitive process. Every win, irrespective of its size, prompts the slot machine to burst into a chorus of bells and whistles. like Pavlov’s dogs, this gives the player an instant hit of powerful dopamine. Amidst this commotion and brain buzz, players rarely pause to consider that they’ve invested $100 to secure an $18 win.

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Engage In Responsible Play

That’s why, here at Gamingzion.com, we consistently advocate for responsible gaming practices among all players. This applies even if you’re selecting from the various online jackpot platforms like 22Bet Casino. Penny slots are deliberately designed as a “gateway” game, to entice you further into the casino environment and steer you toward games that have significantly higher costs. Therefore, always remember that the funds you’re using are not akin to Monopoly money – they’re actual cash!

For instance, if you allocate $200 for casino play and opt for a penny slot that requires 250 coins per spin, your bankroll will deplete much more rapidly than anticipated. Your spins will also be fewer than initially perceived, without a substantial impact on your likelihood of winning. It’s crucial to bear this in mind before depleting your entire budget.

Tips For Novice Penny Slots Enthusiasts

Although there isn’t a specific strategy for mastering penny slots, there are effective ways to ensure an enjoyable experience when playing them. One of the most significant factors is selecting a slot machine with minimal paylines, or even better, one that requires just a single coin per spin. As always, take a moment to review the help screen to determine the minimum jackpot requirements in terms of coins.

Finally, remember to make use of the UK online casino bonuses on offer as they can help stretch out your bankroll. Ultimately, the key takeaway is to go out there and have fun. While the term ‘penny slot’ might be misleading, a handful of pennies can still lead to an enjoyable time.”

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