What are penny slot machines?
Penny slot machines are perfect for those who want to place low-stakes wagers. It is a type of slot where you can place bets for as little as a single penny. Although in practice some online casinos set higher limits, overall they are some of the most affordable slot machines you can play on.
One of the things to note about them is that the returns on these slot machines are usually low. This is understandable considering the risk-return policy and how the risk factor on penny slot machines is also very low. So if you are playing at
real money casino sites, you should measure your risk appetite versus your desire to win big.
Are bets always as low as a cent per line on penny slot machines?
While the traditional definition of penny slot machines is bets as low as one cent per payline, that might not always be the case for several online penny slot machines. Some slots only allow a minimum bet of $0.10 per payline, whereas some slots let you manually set your wagers per payline. So there are some variations based on the penny slot machine you will be choosing. Make sure to read the terms of the game before you sign up to play it.
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The best online casinos with top penny slot machines
We reviewed some of the top online casinos globally which operate in several different countries and have highly rated penny slot machines. While compiling this list, our objective was to bring you the
best online casinos with instant payouts, an easy sign-up process, and minimal wagering requirements.
BetMGM – Fantastic penny slot options
BetMGM: Pros & Cons
- Reputed online casino
- High-value welcome bonuses
- Excellent customer support
The penny slot machines that you can find on BetMGM are some of the lowest-stake slots on this popular online casino operator’s website. There are machines with different themes and features that keep players engaged and give them a diverse range of options.
The range at BetMGM for penny slots usually goes from $0.01 to $0.40 or in some cases, higher. The buy-in offers on BetMGM are not standard and since there are different tiers, each player gets to pick a buy-in that matches their needs.
What we loved about the penny slot machines on BetMGM was they come in a variety of fun themes. From Egyptian-themed games to Safari-themed machines, there’s a whole bunch of fantasy, adventure, and fun mixed into all of it.
Some of the top BetMGM penny slot games include Raging Rhino, Triple Double DaVinci Diamonds, and Assassin Moon.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
BetMGM Highlights
- Covers major sports
- Live game stats
- Simple site navigation
FanDuel – competitive odds and diverse options
FanDuel: Pros & Cons
- Rewarding welcome offer
- Internationally reputed online casino
- 24/7 customer support
- Only available in English
FanDuel has a range of different penny slot machines that offer very low stakes to players. Most of their penny slot machines are by some of the top gaming providers in the industry, such as IGT, NextGen, and NetEnt.
There are different variations of penny slot machines on FanDuel but the majority of the penny slot machines allow players to wager 1 cent per line. Therefore, if you want to bet on 20 paylines, your bet amount will be $0.20 in total. This makes the games fun and affordable for all.
With an RTP of 95.4%, Mad Mad Monkey is definitely one of the top penny slot machines on FanDuel. There are other crowd favorites like Cash Eruption and Divine Fortune.
For those looking for a bonus offer, FanDuel has got you covered. The operator will cover your net loss on your first day of betting on FanDuel Casino. Your losses up to $1,000 will be returned to you and this covers your losses on penny slot machines as well.
Bet $5 Get $300 in Bonus Bets if you win
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FanDuel Highlights
- Multiple sports markets
- Amazing joining offer
- Promo codes for specific bets
DraftKings - play free penny slots with bonuses
DraftKings: Pros & Cons
- Top software providers
- Easy sign-up process
- High RTP games
DraftKings has a bunch of penny slot options for players who want to play low-stakes slot games. During our DraftKings review, we found many slot games where players can bet a minimum of $0.01 coins per payline.
One thing to remember when playing on the DraftKings slots is that the machines will set your bet per payline at a default of $0.10. Therefore, you should remember to manually change up the bet per payline to $0.01, if you want to bet the lowest amount possible.
We love that there are over a dozen different penny slot machines and players also have the ability to play free penny slots on DraftKings. Some of the top titles include Starburst, Book of Atem, and Dead or Alive II.
DraftKings offers a range of different bonuses that you can use towards the penny slot machines. There’s a new player deposit bonus, which you can use your deposit match towards penny slot games. Besides that, you can earn crowns on DraftKings for your wagers and these crowns can be redeemed for free credits, DK Dollars, and more.
Bet $5, Get $150 If Your Bet Wins
DraftKings Highlights
- 21 sports to choose from.
- No specific betting limits listed.
- Ability to bet in-play on most sports.
Things to consider when playing on penny slot machines
Now that you know the top online casinos where you can play on penny slot machines, here are a few tips that we thought might be useful when navigating these operators.
- Check out the bonuses offered by an operator. You are often able to club bonuses and maximize your winnings.
- Try to claim as many bonuses as you are eligible for and use them towards penny slot machines, which can help you minimize your losses and optimize your winnings.
- Read game reviews by other players for the penny slot machines that you want to play at. Sometimes other players can help you scout the best machines on an operator’s website, which have high RTP.
Final thoughts on penny slot machines
If you want to partake in the fun of playing slot games but don’t want to take on a lot of risk, penny slot machines are the perfect option for you. BetMGM, FanDuel, and DraftKings each have some of the top penny slot machines in the industry and make for great starting points.
If you want to play regularly, we recommend pacing yourself and trying out different machines to see which ones work for you. Don’t forget to check out the welcome offers by different online casino operators, since they can help you maximize your winnings.
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Penny Slot Machines FAQ
❓Do online casinos have penny slot machines?
Yes, several online casinos like FanDuel, DraftKings, and BetMGM offer top penny slot machines by industry-leading gaming providers.
💸What kind of casino bonuses are available for penny slots machines?
There are many different casino bonuses available for penny slot machines, ranging from welcome offers, rakeback offers, free credits, and so on.
📲Does FanDuel have penny slot machines?
Yes, you can find penny slot machines on FanDuel.
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