Quick, name something that still costs only a penny. After decades of inflation, even a single piece of candy costs considerably more than one cent! But there is, believe it or not, still one thing that costs a penny. (Well, sort of…more on that in a minute.) Give up? We’re talking about penny slots, of course.
Even a penny has value, and casinos are increasingly mindful of that fact. Penny slots are as old as the slot machine itself (getting on 120 years now!). However, they’ve gradually disappeared over the years as more profitable machines took their places on the gaming floor, with only a handful remaining at most for the benefit of the “low rollers.” But those penny slots were always busy…
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Recently, no doubt aided at least in part by the precarious state of the world economy, penny slots have become one of the hottest trends in the gaming industry. In fact, not that long ago, International Gaming Technology (IGT) announced that it would be rolling out a penny version of its extremely popular Megabucks machines. That means that a player will now be able to (theoretically, at least) win millions with an investment of a few cents. Forget the old stereotype of Granny sitting down at a penny slot machine, a roll of Abe Lincolns ready to go, hoping to win a dollar or two at most…
However, it’s not quite as simple as it may sound at first blush. Winning one of those gigantic progressive jackpots on penny slots usually requires playing the maximum number of coins on each spin. In the case of Megabucks, that’s 300 coins, which works out to three dollars (Granny’s arthritis tends to act up when she tries to insert them one by one, and I don’t enjoy it much either!). Given their rapidly rising popularity, it’s small wonder that there are now online casinos with penny slots.
Some of the most popular games at online casinos with penny slots include:
- The Reel Deal — featuring a bonus game based on the formerly top-rated U.S. TV program Deal Or No Deal
- Mega Moolah — no fewer than four progressive jackpots, including one which always starts at one million dollars and goes up from there
- As The Reel Turns — not based upon the daytime soap opera, As The World Turns. However, it does have a video story which carries on as you play the game
- Cash Caboose — gives its players free spins based on a train robbers theme.
Many online casinos with penny slots will allow you to play without depositing any money beforehand. This is an excellent feature for which to look when you’re trying to decide which online casino with penny slots ends up being the one that you choose. For those who want to play slots in the comfort of their home, office, or hotel room, online casinos with penny slots are proving to be a popular destination.
Typically, all a player has to do to get started spinning those reels (providing they’re 18 or older) is to register by filling out a form, and then either downloading the gaming software or playing the actual page online. Some online penny slots even offer a 100% bonus just for signing up for a new account.
