Penny Slot Max Bet
You could never bet just a penny on that “penny slot” game. The maximum bet was $1 per payline. This was a sneaky way of getting the players to lay down more money. If you hit “Max Bet” on that machine, it took $25 in credits from your balance.
- The reason that penny slots were invented is because so many pay lines were added to the other games, like nickel or quarter slots, that a smaller denomination had to be added for many players to be able to afford to play max bet. Online Penny Slot Max Bet. Some penny slot games at Bovada Casino have a maximum bet of 1,600 coins.
- A penny slot with 30 paylines and a max bet of 10 coins per line tops out at a $3 wager – that penny machine has a max bet four times the max bet on an old-style quarter game. Many newer video slots are “forced bet” machines in which playing fewer lines is not an option.
One of the most debated topics regarding slot machines is max bet and whether or not your should always hit that bet max button. There is no definite answer to the question as it really depends on the game you are playing. In this article we take a comprehensive look at all of the game types and situations and give you recommendations on what is the best way to play.
What is Max Bet?
Penny Slot Max Bet Jackpot
Just in case you are new to playing slots Max Bet or Maximum Bet is the highest amount of coins or credits you can play in a single spin. For example most classic slots let you play up to three coins per spin - a max bet of three coins. This gets a bit more complicated with video slots - see below for details.
Classic Slots
While max bet is not always necessary you will often find that there is a good reward for betting max. For example you might have a game that pays 1,000 for one coin, 2,000 for two coins and 5,000 for the max of three coins. In this case you get an additional 3,000 coins for just one extra coin bet.
If you are playing a game where all of the jackpots are in proportion then it is totally up to you whether you bet max. For example a game which has a top jackpot of 3,000 for three coin play (Max Bet), a 2,000 coin win for two coins and a 1,000 coin win for one coin. Each coin can win an additional 1,000 coins.
There is one type of classic slots that require max bet. These games are known as Buy A Pay slots. Quite simply they have two or three different pay tables. Each coin activates an additional pay table. If you play less than max bet you cannot win any of the top prizes even if you hit the right symbols.
Penny Slots Max Bet
Progressive Slots
There is one type of slot machine that makes playing max bet an absolute must - games with a progressive jackpot. Almost all progressives require that you bet the maximum number of coins to qualify for the top jackpot. If you play less than max you cannot win the top jackpot.
We don't recommend playing progressives unless you intend to play max. You are much better off going for a non progressive slots. This is because you can hit the top winning combo and in some cases get nothing because you are a few coins short. In other cases you will get a small consolation prize but this is always just a fraction of the main progressive jackpot.
Bonus Feature Slots
On slots with a bonus game there is no set rule as to what to bet. In some cases you will be required to play max to win the jackpot and in some cases you will not have to. Before playing any bonus game slot be sure to read the pay out table to find out if max bet is required.
Multi-line Slots
If you are playing a three reel game with more that one pay line then it is always a good idea to play max bet. This is because in most cases each additional coin activated an additional pay line. Quite often the highest jackpots are only available on certain lines. If you play less than max you cannot win them.
5 Reel and Video Slots
This is where things get interesting as there are so many variations. In general you do not have to play max bet on video slots unless there is a progressive jackpot involved. We suggest playing max lines but not necessarily max bet. This is because on many games you can bet more than one coin per line.
For example a 20 line slot with the option to bet 10 coins per line has a 200 coin max bet. Even at the penny coin size this turns into $2 a spin. In most cases you will be fine with just one coin per line and can therefore play for as little as 20 a spin. There is a minor catch - your jackpots won't be as big.
The reason for this is that wins are multiplied by your bet per line so a game with a 10,000 coins jackpot and a max bet of 10 coins per line can pay a 100,000 coins win at max bet. Playing just one coin per line will yield a 10,000 coins jackpot only. This is a trade off between low bets and bigger wins.
Conclusions
One of the most important tips we can give you is to always spend a moment reading the pay table of the game you are about to play. All pay tables indicate whether or not max bet is required for any jackpots or features. Another good tip is that if you find a game where playing max is needed and the game is too expensive for you try to find the same game with a lower coin size.
When you first hear the words “penny slots”, you immediately think of classic slots and penny slot machines in land-based casinos. Online penny slots got their name because players could bet as low as one penny per spin. This way you could play for a long time without investing a big chunk of money in the slot.
Modern penny slots are online slots that allow low stakes and thus are more affordable from an initial investment point of view. So the penny slots are ideal for Canadian players who are only starting out and don’t want to take too many risks.
If you find yourself in this category, feel free to play some penny slots and give them a try for real money when you feel comfortable.
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How to play Penny Slot Games
Penny slots are slot machines that can be played for low stakes. This way you can play one penny per pay line and you won’t take any big risks.
The playing process is virtually the same as if you played any other slot games, only the stakes are different. Depending on the type of slot, you’ll have to choose a stake and a level and push the Spin button.
Tips to help you win big on penny slots
Many gamblers associate penny slots with ‘low risk and low reward’ gameplay. We don’t mean to be crude, but those gamblers are completely wrong. Employ the right strategy while hitting up the low stake games and you can keep your risk minimal while increasing your chances of a big pay-out.
Of course, not every penny slot strategy that is printed on the internet is a good one. Some are fact and some are fiction, so thankfully for you, we are here to share three simple tips which should increase your chances of winning big.
1. Get a game with a progressive jackpot
Not every penny slot game is created equally! Whether online or offline, it’s important to have your wits about you when choosing a low stake slot machine.
A key question you should be wary of when picking your game is “does this penny slot have a progressive jackpot?” If the answer is “no”, then move on – you are reducing the ways you can win – find a game with a progressive jackpot that will continue to grow while you’re playing. That way you have an extra chance of turning your pennies into a fortune.
2. Multiple types of bonuses are your friend
There are certain games that have free spins, special bonuses and hidden rounds built into them. Surely logic insists that these games are the ones to go for when picking a free penny slot; they’ll be more fun and you have more variety in your gameplay too. Also, free extra spins translate to extra chances to win big.
3. Betting maximum lines is the answer
There are many bonus features that will only be activated if you are betting the maximum bet and the good news is that on a penny slot, the maximum bet will be a relatively low cost to you. Obviously, you may spend a little more than you initially planned, but you’re also giving yourself a chance to win a lot more!
Best Penny Slot Machines
If you play in land-based casinos in Canada, the UK or any other country, there are probably some penny slots still left. Most of them have jackpots attached and that’s the main reason why many players still play them. The first thing that comes to mind is some old granny with a bucket full of pennies playing the one-arm bandits. Modern video slot games require bigger bets because of the bigger number of pay lines. The bets will be bigger but the payouts will also be bigger in return.
There are a lot of great free penny slot machines online which you can try, regardless if you want to play with one pay line or with all pay lines active. One of the most popular slots by Microgaming is Break Da Bank Again. This is a simple 9 pay line slot which you can try with one pay line active. If one gets lucky, he/she can still win big in the bonus round thanks to the x25 multiplier.
Net Entertainment also has this game in their offer by the name of Reel Steel. The slot has the same features and the same payouts. If you want you can try out these two penny slots and see which one you like more. Even with one penny per spin, you can still win big in the bonus round.
Penny Slots FAQ
How do penny slots work?
Penny slots – slot machines with denominations from 1 cent (“penny”) all the way up to $100.00 or more per credit. They are the best way to play for a longer time. You’ll have greater chances of scoring that enormous progressive jackpot.
What penny slots pay the most?
There are two types of penny slot machines: progressive and non-progressive slots. Progressive slots offer the highest prizes in the online casino world. Non-progressive penny slot machines offer more odds for winning, but fewer prizes & bonuses.
How to play & win penny slot machines?
- Choose your machine carefully
- Play on slot machines that have a progressive jackpot
- Penny slot machines offer a lot of bonuses – use them to win
- Know your limit – it’s pretty easy to play more and more, but you have to remember the strategy
- Enjoy the game – the only right way to win
What games are more popular?
You can chat, interact and play with other players which is a great bonus that has made online slot machines popular. Or you can read the professional review for Canadian players of the best penny slots on SlotsAdviser and choose which is really fit your strategy and you like the most.