If you are looking for inexpensive entertainment, you can find a lot of games that accept wagers as low as $0.01. However, the purpose of playing these games is that players can stay longer on the gaming floor. Unlike medium or high minimum wager slots, $0.01 slot machines can prolong your gaming experience and excitement. Of course, huge prizes attract, but if you are playing for fun instead of chasing big money, you should try some slots that can be played at $0.01. Check them out below.
Best Online Casinos to Play $0.01 Slots
In fact, every online casino offers a range of slot machines. All of them accept low and high bets. So, you can pick any online casino that we recommend on CasinoBest.ca and play slots at $0.01 per spin. However, before playing them, check out the betting limits.
What Are Penny Slots?
There is a phrase “penny slots” that refers to online slots that accept $0.01 and higher bets. Players can adjust the size of bets by activating multiple lines. The more lines are active, the more chances players have. And although penny slots seem to bring low winnings, often they are way higher than the initial bet of $0.01.
Penny slots are very popular among players who take gambling as a hobby. Making low bets, they don’t risk too much. However, on a lucky day, they can win a fortune from a $0.01 bet. If you play penny games that feature various multipliers and specials, you can activate them all and benefit a lot.
It is obvious that payouts are smaller on penny slots. And you shouldn’t expect big winnings. But you should also understand that penny slots can make you a millionaire one day. If you play jackpot slots, for example, or other high-paying games with low bets, your chances of winning big are the same as of a high-roller.
All slot machines are powered by random number generators. It means you can either win or lose, and you never know what will be the final result of your spin.
Best $0.01 Online Slots
Below, we are giving you a list of the best slots that technically accept penny bets. Check them out at your online casino.
- Cash Cave by Ainsworth
- Mr Vegas by BetSoft
- T-Rex by RTG
- At the Copa by BetSoft
- Cleopatra’s Gold by RTG
- Safari Sam by BetSoft
- Enchanted Garden by RTG
- Wild Panda by Aristocrat
- Gold Rush by NetEnt
- Firestorm 7 by Rival
It is important to notice that penny slots allow placing $0.01 bets with 1 active line only. In other words, you bet $0.01 per line. But if you activate more lines, the bet can grow up to $1. The total bet size depends on the number of active lines and coin value. Be careful when you change these settings and always look at the total bet indicator.
How Online Penny Slots Work
If you think that penny slots allow only $0.01 bets, they don’t. In fact, this is the minimum bet size available in the slot. Generally, bets can go up to $250 on penny slots. It’s just a matter of choice and gaming style. You can play the same 1 cent slot at a wager of $0.01 and of $100. There are three reasons why penny slots have such a wide range of bet sizes:
With the progress of technology, online software providers let players use an unlimited amount of credits meaning you can deposit $10 or $10 million, the sum will be depicted on the game field. In land-based casinos, players are limited by physical chips.
There are a lot of online players that enjoy games from all over the world. Some of them wager high, while others wager as low as $0.01. Thus, penny slots with a broad range of bets must entice as many players as possible.
Online casinos make a profit from players no matter how much they bet. If they bet $0.01 this time, they can bet higher next time. As a result, the casino turnover will be high anyway.
Online slot machines that accept 1 cent bets are similar to regular video slots that stand in brick-and-mortar casinos. They are a great gaming option for players that don’t want to risk their money. But the tricky part is that players need to be attentive when placing stakes because normally slots have a settled bet size.
How to Play Penny Slots
If you know how to play slots online, you will find it easy to play penny slots. There is no differnce. However, if you are a new player, you neither need special skills to play these slots. Most penny slots are pretty simple. Some of them are made in classic style with 1 line and three reels. But there are games with a 4×5 field and they can also offer low bets.
Before you start playing low wager slots, you need to determine your bet per spin. On the game panel, you will see a few indicators that affect the total bet size. They are coin value, the number of lines, and the total bet. You can adjust them by clicking on the corresponding buttons.
If you are on a budget, we recommend placing as low bets as possible. However, keep in mind that if you activate only one line, you decrease your chances of winning.
In contrast, if you have enough money and don’t mind being a little risky, you can activate all lines and place higher stakes. Betting decisions always depend on how much you can afford to lose.
Play Penny Slots & Have Fun
It is true that penny slots would hardly make you a lot richer. This is why you shouldn’t expect big winnings at once. But you can have fun because you have a lot of time to play your favorite games. And although it is hard to gain big wins, some lucky players can hit a million-dollar jackpot from a $0.01 bet. It’s just a matter of time and luck.
We also recommend checking out online casino Playtech slots if you are looking for high-quality games.
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