If you thought penny slots were a thing of the past or relegated to casino havens like Las Vegas and Atlantic City, think again: The online casino world is teeming with great high-tech games that can be played for the lowest-denomination coin there is.

The arguments for playing penny slots are indeed salient. Unlike, say, online poker, in which the amount you’re willing to spend typically determines the quality of gameplay (i.e. the higher stakes tables are almost always loaded with higher-quality players than the 5¢/10¢ games), a penny slots game does not change at all with the amount wagered.

And while a 10,000x jackpot may not exactly be life-changing for the penny slots player, it’s still proportionately a pretty massive win: You’ll be playing for quite a bit longer after a jackpot win. Perhaps the penny slot player would take the opportunity to bump up the wagering level a bit after stashing away a few hundred dollars for what was a $10 a week diversion.

Can you really play slot machine for a penny?

Okay, we’ll admit that this is where the “penny slots” descriptors goes slightly beyond the lieteral meaning into a new definition. These games are actually penny-per-payline slots, but you can imagine how awkward and unmarketable that expression is. Penny slots have existed well before multiple paylines and thus the moniker has stuck for decades, promulgated by Las Vegas casinos’ attempts to draw in players on a budget.

The point here is that rarely will one spend just 1¢ per spin; after all, that amount will only cover one payline of what is most likely at least a 9-payline game. Additionally, nearly every online penny slot requires the player to cover all paylines in order to achieve the maximum jackpot payout on the largest-paying win – still, who’s really gonna complain about having to spend 15 or 30 cents on a spin?

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Are there any classic penny slots?

Ironically enough, this subgenre surely includes the fewest such penny-per-payline slots. This makes a fair amount of sense, as the typical fruit machine-style casino game has one or three paylines and pays out in multipliers of the original bet only. In addition, a sizable fraction of fruit games are progressive jackpot slots and these typically have a set price per spin of $1 (or currency equivalent) to take a shot at the jackpot payout.

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The phrase “penny slots” refers to slot machines that accept wagers in denominations as low as $0.01. These days, most slots offer multiple line wagers and other bet multiplier options allowing for bets of much more than a penny per spin, but because players ostensibly can play the game at $0.01 per round, it is considered a penny slot.

What are some good penny slots?

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Waaaaaay too many to mention or list here. Please see above for a nicely representative sample of these games.

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Are penny slots popular?

For sure – and now more than ever. One reaction by online casino operators to the global crisis of 2008 was to introduce more games for budgeted players, mostly penny slots. Well more than half the new slots that come down the pike for release in online casinos in the 2010s may be classified as penny slots, and ranges of 1¢ to $100 per payline per spin are not uncommon any more.

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To play some of the best online slot games out there on a budget, look for penny slots, now widely available at most reputable internet casinos. It’s a great way to play the exact same high-tech titles for less money – and thus more time to enjoy them. Again, the sole disadvantage to playing penny slots: Those top payouts are naturally proportionally smaller. But hey, a jackpot win is a jackpot win, right? Just remember it’s all relative.

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Name the slot machine game development company and they have their penny slots titles. 1-cent or penny slots are designed for the entertainment of the fruit machine gambler who doesn’t have a huge budget for their gambling enjoyment. Either they don’t want to spend a lot of cash wagering on a losing proposition, or they simply don’t have a whole lot of excess American dollars or UK pounds to place their wagers. I’ll list at least one $0.01 slots game from each of the major slot machine and online casino software design companies.

While every online casino offers penny slots and every design company churns out their own 1-cent slot machines, some offer more options than others. I’ll start with the companies like Microgaming, Aristocrat and IGT-Wagerworks, which offer more famous and popular penny slots than their competitors. Then I’ll move on to Playtech, Cryptologic, RTG, and Rival Gaming. When I’m finished, you’ll have plenty of game options to choose from.