Is Playing Penny Slot Machines Worth It?

BetMGM Feb 11, 2025, 1:14 PM
min read
A slot machine reel with three 7s lined up and coins around it on a brown background

The smallest denomination of currency that exists in the United States is the penny. If you get something for a penny, you literally cannot get it for any less money.

Even that minimal cost is no guarantee that you are getting good value. That premise applies to online slots as much as it does anything else.

Although you can’t gamble for less, you might still not be making the best use of your bankroll and time playing penny slots. Whether your plays are worthwhile depends on what you’re looking to gain in your slot play.

What Are Penny Slots and How Do They Work?

Online penny slots are the most affordable way to gamble. With each spin of these slots, you can risk as little as a penny.

Whether you play these games at a physical casino or online, they essentially work the same way. You set your bet, then initiate the spin, and see what the result of your wager is.

Many of these games will allow you to risk more than a penny and the games may give you a better return if you bet a larger amount. That’s part of what you should understand about playing penny slots.

Pros and Cons of Playing Online Penny Slots

One of the biggest downsides of playing penny slots is that if you bet the minimum, you often will not have access to the best paylines, the highest number of paylines, the biggest jackpots, or special features. 

In many slot games, the higher the wager, the better your potential to win. While that’s the biggest downside of betting the minimum, there are upsides.

Among them is the penny bet allows you to get a taste of the slot with minimal risk. You can find out if you like the game’s animations, graphics, and other elements before you put more of your bankroll up.

Penny slots also offer a way for players to sustain their gambling sessions with small bankrolls. For example, if you have $20 to play with, you could enjoy up to 2,000 spins while playing penny slots.

As you’re deciding how to proceed with slot bankroll management and penny slots, some of BetMGM’s best penny slots can help you refine your strategy. 

Play the Best Online Penny Slots for Real Money at BetMGM Casino

All of the best online penny slots for real money are available at BetMGM, which is made even better with all the benefits provided to players. Those benefits begin with BetMGM-exclusive slots that you can play for as little as a penny.

Those games include the Bison Fury and Excalibur game slots, both of which offer great features like free spins and jackpot features. When you want a chance to win big while betting small, you might want to check out the Big Money Frenzy slot with huge slot multipliers.

Regardless of which slots you choose, you’ll get to enjoy the best casino rewards program and an incredible casino welcome bonus when you register for BetMGM. It’s the maximum return on the smallest amount of money in the US.

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