Best Real Money Penny Slots Online 2020

What are Penny Slots?

As their name suggests, penny slots are a type of slot machine with a minimum bet of a single penny. Many of them have enough paylines that you can bet considerably more than this, but penny slot machines are typically characterized by low maximum bets and jackpots.

Two of the most common reasons why users play penny slots online are:

• Those who have limited funds but still want to enjoy the thrill of slots.
• Players who want to get familiar with playing slots online before spending more money on it

Different Types of Slot Games

There are hundreds, perhaps even thousands, of slots titles out there ranging from free penny slots to pricy progressives. However, most of them fall into one of the following categories.

The type of slot you prefer will depend heavily on what you want to get out of a game, with some slots paying out little and often, and others awarding huge sums of money much less frequently.

A good understanding of the information below will help you to work out which games are most appealing to you:

1. Classic slots (3 reel and 5 reel):

   The most common types of slots, these often come with a bonus round comprised of something like 10-20 free spins with a 2-4x multiplier. Themes vary massively, as does variance and jackpot potential, but it’s not uncommon for 90% of the slots available in any casino to fall under the heading of “classic slots”.

2. Megaways slots:

   Rather than using a traditional system of paylines, with most games offering somewhere between 9 and 50, the Megaways range (produced by Big Time Gaming) offers up to 117,649 ways to win. Although not all Megaways games offer quite this many ways to win, the result is that most titles in the range pay out regularly but in small increments.

3. MegaSpin slots:

   Although they’re not particularly common, games in the MegaSpin range essentially offer players the chance to play multiple slots at once. Games operate completely independently, so you might win on every machine or lose on every machine, but players using MegaSpin slots stand to win impressive prizes if they get lucky.

4. Mobile slots:

   In fact, many different types of slots listed here (including progressive, Vegas and multi-payline) are available on mobile devices like smartphones and tablets. Thanks to rapid advances in mobile technology, more slots are available for use on the move in 2020 than ever before.

5. Multi-payline slots:

   While early slot machines had just one payline, a horizontal line of three matching symbols across the middle from left to right, things have changed considerably since then. Nowadays, most games offer ten or more paylines, with possible winning combinations outlined by colorful lines in their paytables.

6. Progressive slots:

   The key difference between standard and progressive slots is that the latter takes a percentage of every bet made on the machine and adds it to a base jackpot that keeps growing until it’s claimed, usually at random, by a lucky winner. The resulting prizes are some of the largest available in any casino, online or off.

7. Vegas slots:

   Thanks to the strong association of Las Vegas with gambling, it’s not surprising that many games adopt a visual style that could have come straight out of Sin City. Expect plenty of neon lights, bright colors and landmarks!

Learn more about the different types of slots in our comprehensive slots guide.

How We Rate Our Online Casinos

When rating and reviewing online penny slots, casino sites and the like, we look very closely at a range of different criteria. Unless sites meet or exceed our expectations, we won’t recommend them.

What follows is a closer look at what we check for during the review process:

Security

This comes top of the list because it’s always the first thing we examine. We expect to encounter SSL protection, licensing and regulation from appropriate organizations, and evidence that the RNGs (random number generators) are legit.

Games

Once we know that a site is safe, we’ll dive right into its game library to see what’s on offer. Great sites feature everything from specialty games like keno to table games and slots, including penny slots. Real money action and free casino games, all powered by top casino software is what we’re after!

Exclusive Bonuses

Virtually all sites offer welcome bonuses to attract new players, but we check their small print to ensure that players have a chance of clearing the wagering requirements. We’ll also look for reload bonuses and other seasonal promotions.

Jackpot Alerts

The best online slots sites make it clear which games, often progressive titles, have great jackpots for players to chase. Some also highlight recent jackpots that have been won by players, which gives us an idea of how often the site boasts big wins.

High RTP

In brick and mortar venues, slots have a minimum payback (75% in Las Vegas). On this front, regulation is a little looser online. That’s why we look out for casinos offering plenty of games with high payback percentages.

Support

Even fantastic sites offering a range of games, banking options and casino bonuses, can be let down by ineffective customer support who don’t resolve issues that users are experiencing in a reasonable timeframe. We actively seek out the best!