The days are gone of the simple 3 reel slot machine. The machines of today are these huge multi-line behemoths created to include every money making trick in the book. Now they accept bills as opposed to coins. Prizes are given in the form of tickets to be redeemed. All of this to make the player as comfortable as possible.
The addition of the extra pay lines is the biggest change in modern slots. This, of course,requires many more coins in order to activate them all. Some of these have as many as 20 pay lines. If a machine has 20 pay lines with 50c a spin, the cost/spin can easily be $10. Now the average gambler is now burdened financially with this more costly machine. Obviously if one just plays the minimum they won’t be eligible to win the biggest jackpot.
So, the casinos have come up with the big idea of 1 cent online penny slots so that the players are not as aware of the cost of playing these machines. Yeap, just 1 cent/spin. This has quickly become a hot trend on the casino floor attracting many gamblers tempted by the low denomination. Now they can focus on playing all the possible multi play lines. However, machines exist which will require more than 1500 coins per spin! This makes the average spin cost almost the same as the regular 50 cent slot machine.
So, one must ask themselves, are these online penny slots machines making suckers out of players? Not necessarily. These machines are great for the casual gambler looking for a few hours of entertainment. But for serious slot player, who will settle for nothing less than the maximum payout, then their time is better spent elsewhere.
Also, you may have noticed some large jackpots being offered in the online penny slots. Rest assured that overall playing the jackpot in a 1 cent online penny slot machine is no different in the total amount spent to play the $1 machine in order to be able to win the jackpot.