Penny slots

vegasnut · #1 08-31-2009, 05:22 PM

Well, looks like they finally wised up....LOL...casino's are now swaping out $1 slots for penny slots.

Quote:

The penny slot machine, once a joke among serious gamblers, is the hottest form of betting during this recession.

Even casinos that cater to wealthy gamblers are replacing $1 machines with video slots that accept bets one cent at a time. "You can play longer with less money on penny slots," says Ed Feigenbaum, editor of Indiana Gaming Insight, a newsletter.

I LOVE the penny slots, especially with the multiline slots, who can afford to play 50 lines at more than a penny....

Full story below
Casinos earn coin from penny slots

Eyeofngt · #2 08-31-2009, 11:33 PM

I am glad to hear that!! I love the penny slots. They need more of a variety of them in my opinion. I never play anything but the penny ones. They take my money fast enough..LOL

VegasLuvsMe · #3 09-01-2009, 02:16 PM

I've also learned by playing penny slots you can get a lot of coins back on the multi-line games.

I love it when you can feed $20 into a multi-line penny machine and end up cashing out over $50 in 30 minutes or less of play.

I've done this at least a couple of times I've played on the penny machines. But I'm more of a nickle and quarter slot game player myself.

vegasrocks · #4 09-02-2009, 01:07 AM

The penny slots are the only slots I play. I certainly cannot afford to sink more into a machine for multiple lines! I would be broke on the other machines in just a few minutes! That wouldn't be any fun at all!

VegasLuvsMe · #5 09-02-2009, 01:24 PM

Try a few of the 9 line nickle machines.

Your money may got faster with nickels, but your wins are also larger.

I remember sitting down once at a nickle machine, thinking it was still pennies, put in my $20 and started playing with 2 coins per line.

It was a nickle machine and I got it up to 1500 nickles within a half hour of playing, before I realized it was nickles and not pennies!

Of course I quickly cashed out and got change at the change machine, and then moved on. I think I went to a different nickle machine again, and won a few more extra dollars on that machine too.

Just give the nickle machines a try next time you play the slots, they're not too bad on payouts.

nutforslots · #6 09-07-2009, 01:51 AM

Hey that is wonderful news. Just what we needed to hear. I know that when I visit I will have money set aside for gambling. Now maybe I will be able to stay longer and play a little more.

The penny slots are the best deal and the multi-line games with stackable wilds are the best. I also love the bonus features in these games they are alot of fun and you can bank up pretty quick if you are lucky.

vegasnut · #7 09-08-2009, 03:52 PM

Yes they do help build your bankroll... a friend of mine and I were there....and she didn't play the penny slots much....one day she told me when we got to the casino floor...."ok, you choose" so...off to the penny slots we went...
we each had $40 and started playing penny slots, got it up to about $200
then moved over to the nickle monoply slots, and both got it up to about $400!!! not too bad for $40!
with that we had a very nice dinner...and called it a night....LOL

VegasLuvsMe · #8 09-09-2009, 02:43 PM

I really like those kind of happy endings for a day in Vegas.

There have been a couple times where I broke even for the day, and only a couple times where I had extra cash too, which is nice.

But most of the times I've been there the penny slots have given me enough to move on to the larger coin-sized machines.

Rival · #9 09-10-2009, 03:41 PM

YEAH for more penny slots! I love the penny slots, makes me feel like I'm not spending more money that I have with me.

1819 · #10 09-11-2009, 01:59 AM

just remember that the higher the denomination the better the payout %. your 75 cent bet on a quarter machine is a better bet than the same 75 cent bet on a nickel machine and much better than the same 75 cent bet on a penny machine. the penny machines have the absolute lowest payout %'s in the casino. the penny progressives have a max bet that is as high as 3 bucks a spin on some machines. a 3 dollar bet on most 3 coin dollar(regular non progressive) machines will get you at least a 10k jackpot and there are plenty of ones even higher. since progressives have lower payouts than regular machines, combine that with the already low payout of a penny machine, and people are literally throwing money away under the guise that they are only playing for "pennies". now if you are betting 20 cents a spin then obviously a penny machine is the only way to go. if you plan to bet higher then going to a higher denomination is a better chance of hitting. installing penny machines is one of the best moves the casino industry has ever made.