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The name alone is what draws many players to penny slot machines. The term penny slots creates the idea that you can play for as little as one cent per spin. But this isn’t the case at all, because most penny slots force you to play a fixed number of paylines. If you’re on a 50-line penny slot machine, then you’ll need to wager a minimum.
Penny slot machines appeal to many players because they seem to offer the lowest cost to play. For just a cent, you could spin the reels and win big.
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Penny slots have the kind of high hit frequency that ropes players in. As fun and exciting as the promise of winning may be, most of the time, the payoff is actually less than the initial wager on a spin. In other words, the bells and whistles go off on a regular basis but for small payoffs.
NetEnt is one of the ‘best all round’ slots developers since most of its games function on a 20 payline bet system. The minimum bet per spin starts with 1 pence per line, once you fired one up your smallest stake will be 20 pence per spin. The developer did break this mold by releasing a couple of 243 ways to win games.
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