Are Penny Slot Machines the Best Online Slots to Play in Canada in May 2021?

Apart from reviewing online and mobile casinos, we work hard to bring you pro gaming content and advice. This month’s feature will be on penny slot machines, focusing on how they work, the key features you’ll come across, penny slot FAQs and more.

We’ll also direct you to a penny-slot-rich gaming hub called JackpotCity, who we feel is a strong contender for the title of Best Online Casino Canada. First things first, though.

How Penny Slots Work

If you’re familiar with video slots, you’re likely familiar with how penny slots work too. That’s because there are only subtle differences between the two, the most common being bet sizes.

As you may have guessed, the name penny slots was originally assigned to 1-payline slots that accepted a minimum bet equal to the value of a penny. As online casino gaming evolved, so did the definition of penny slot machines.

Nowadays, penny slots are simply online slots that offer low bets – like 0.2 credits, for example. They generally also feature a fixed payline structure. Now that we’ve defined what they are, it makes sense that they work the same as a regular online slot does, simply offering a wider betting range.

Key Features Found in Most Penny Slots

Because they share a lot of DNA with online and mobile slots, penny slots generally include features like bonus games, free spins rounds, multipliers and multiplier trails, wild and scatter symbols, stacked symbols and possibly even cascading reels in certain cases.

Understanding Penny Slots’ Paylines

As highlighted above, penny slots are no longer exclusively defined as slots that feature one payline. It’s totally possible for a penny slot to feature multiple fixed paylines and still offer a low minimum bet with potentially thrilling rewards.

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Penny Slots’ Hit Frequencies & Payout Percentages

We recommend a Return to Player (RTP) percentage of 97% and up when selecting your penny slot machine. To put payout percentages into perspective, this means that you’re looking at penny slots that theoretically pay out 0.97 credits for every 1.00 credits you spend in bets.

Fun fact: Hit frequencies and payout percentages aren’t the same thing. The first refers to how often winning combinations are likely to occur. The second indicates the value of the winnings typically paid out per credits spent.

Progressive Penny Slots Variants

It might come as a surprise, but penny slots don’t simply refer to traditional 3-reel and 5-reel games, they also include some progressive jackpot slots. The appeal of playing progressive penny slots lies in their potential rewards, which are exponentially higher than regular online and mobile slots for a comparatively small wager value.

Bankroll Management While Playing Penny Slots

As with any form of entertainment, it’s important that you don’t get caught up in the moment and overstep your spending budget. A compliant and respectable casino like JackpotCity offers plenty of responsible gaming tools to players, including deposit limit settings where you can add daily, weekly or monthly spending allowances on your account.

Themes You’ll Encounter

Penny slot themes range from retro to adventure, circus, vampires and galaxy ones. Basically, any theme you can think of! Some casinos will let you search for penny slots by theme, while others will allow you to browse by game type.

Cashing Out Potential Penny Slots Winnings

Scored a potential win on a penny slot machine and want to cash out? You can, assuming that all bonus requirements have been met. Simply follow the on-screen instructions provided by your casino of choice, select your preferred payment method, send in any required documentation to verify your account and wait for your funds to be processed. Nothing else to it.

Penny Slots FAQs

Are dollar slots better than penny slots?

That’s entirely up to a player’s personal preference. The only difference is that dollar slots may limit betting capabilities for players who have a strict entertainment budget as the minimum bet amount is generally higher.

What’s the trick to winning on penny slots?

All slot types, including penny slot machines, run on random number generator (RNG) software and are classified as games of chance. This means that winning is never guaranteed.

What penny slot machines have the best odds?

To find the best odds for online slots and penny slots in Canada, we recommend viewing the published payout percentages. JackpotCity makes this information publicly available on all their slots, penny slots included. A good RTP is 97% and up.

Can I win a progressive jackpot playing penny slots?

Yes, if you’re betting on a progressive penny slot. Regular penny slots don’t offer a jackpot prize, only a payout amount relative to your bet size.

Can I play free penny slots online?

Yes. JackpotCity has plenty of penny slot machines for you to pick from. Considered one of the best online casinos in Canada, it offers demo mode play on many leading titles. Keep in mind, though, that progressive jackpot penny slots can only be played using real money wagers and not sampled with demo credits.

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