Penny Slots

Penny slots may not cost a penny anymore, but they still offer low-cost bets, exciting features, and if you’re lucky, juicy win potential! Discover the best penny slots online right here...

Our Top 5 Penny Slots

1. Buffalo | Aristocrat | Animal theme | 300x bet maximum win

2. Quick Hit Las Vegas | Bally | Fruit machine theme | 5,000x bet maximum win

3. Golden Goddess | IGT | Fantasy theme | 1,000x line bet maximum win

4. Red Hot | Red Tiger | Asian theme | 888x bet maximum win

5. Wheel of Fortune | IGT | Gameshow theme | 50,000 coins maximum win

Best Free Penny Slots Online

Before betting real money on a penny slot, we recommend learning how a slot machine works by playing for free or checking out a demo version. The best free penny slots no download can be found at a range of top online casinos, like our recommended casino sites.

It’s even easier, though, as you can play some of the best free penny slots, no download, no registration, right here at onlineslots.com!

How to Play Penny Slots

The best way to play penny slots is online, in our opinion. You'll find thousands (and we mean thousands!) of themed slots on the web, compatible with both desktop and mobile devices. When you choose to spin the reels of these affordable yet entertaining games, you can expect a host of fun features.

These might include wilds (which substitute for other symbols to create winning combinations) and scatters (which trigger bonus rounds). Penny slots bonus features often involve a set number of free spins, pick-and-click games, and instant cash prizes. You won't just find these features when you play penny slots for real money, you'll also find free penny slots with bonus games. Exciting, huh?

How to Win on Penny Slot Machines

Although the outcome of penny slot games will always be random, we do have some penny slots tips to boost your chances of winning:

  • Check the RTP Return to player percentage is the average a slot will pay out across infinite spins. For example, a 96% RTP slot will pay out (on average) $96 per $100 spent.
  • Volatility can dictate maximum payouts – The volatility (or variance) of a slot denotes its behavior. Low volatility slots tend to pay out little and often, while high variance slots take more time between payouts, but tend to reward bigger wins when they drop.
  • The more paylines, the better – The more paylines you have active, the higher your chances of winning (be aware, more paylines tends to mean a higher minimum bet)

While the best penny slot strategy is to be aware of these factors, none of them guarantees a win. Slots are 100% random, and no spin is affected by the one before. This means you’re never guaranteed a combination of symbols on a payline as it’s a game of luck.

That luck can pay off, of course, just ask the Finnish player who picked up nearly €18 million (around $24 million at the time) on just a $0.25 bet on NetEnt’s Mega Fortune! That was on one of many progressive jackpot slots (Mega Moolah by Microgaming is another) which can pay out multi-millions for bets of well under a dollar!


Do Penny Slots Cost a Penny?

The straight answer is no. The name stems from the days of slot machines in Vegas that could be played for a single cent, but you’ll struggle to find a real money penny slot machine online (or in Vegas, these days!) that offers penny bets. If you do find a true penny slot, you’ll usually only be playing with one active payline, which limits wins.

If you’re playing a 10-payline slot at the lowest bet of one cent per payline, wins are far more likely if you bet on every payline. Due to the potentially deceptive nature of the name, be sure to check how much each spin is costing you and be sure to practice bankroll management so you don't spend more than you can afford.


Why Play Penny Slot Machines?

  • Affordability – They may rarely be a penny per spin, but these slots tend to have the lowest minimum bet value of any online slot.
  • Entertainment – Considering the relatively low cost, there’s a lot of fun to be had on penny slots, thanks to a variety of bonus games - like free spins.
  • Accessibility – With mobile casino play soaring in popularity, the best penny slots can be played from anywhere via smartphone and tablet devices.
  • Free Play – Before you spend money, why not try a slot for free to get a sense of how it works and practice strategy?
  • Variable Paylines – Penny slots with variable paylines allow for you to bet less for fewer chances to win. Some of these slots cost a penny for one payline!

How we Rate and Review Casinos

Our casino reviews team only recommend casinos after vetting them in the following areas and ensuring they meet our strict criteria:

  • Security and licensing - We check that the casinos are properly licensed and regulated, have the eCogra stamp of approval, and use SSL encryption.
  • Games - We play the games ourselves to check their quality, speed, and features. We also like to see a wide range of slots, and plenty of other casino games on offer in case players would like a break from the reels.
  • Payment methods - We ensure that the casino accepts a variety of payment methods and that the deposit and withdrawal process is quick and easy.
  • Customer support - We get in touch with customer support to assess the speed and efficiency of the response.
  • Bonuses - We look for sizeable welcome bonuses without huge wagering requirements and scout out worthwhile VIP and loyalty schemes.

Penny Slots FAQ