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Best Penny Slots Online – Full Guide for Beginners

Penny slots online are an accessible and diverse range of games that can be packed with all sorts of features. Penny slots are purely defined by the fact that they allow a player to wager anything as low as €0.01 per line. It is not, as some may expect, a slot where you can make a total bet of €0.01. You should therefore expect to see minimum bets of €0.10 or even €0.20, as pretty typical even with a penny slot game. This also means there is nothing stopping a penny slot from being able to offer exciting bonus rounds, free spins, jackpots, and other surprises though. Finding the best penny slots to play will depend on your preferences. This article will help you see how varied penny slots can be with some of the best currently available today. The best penny slots online listed below are in no particular order, and each provides something a little different.

What Are Penny Slots?

Traditionally, penny slots or penny slot machines are slot games that accept a minimum wager of one penny. These days, you'll find online slots that accept one penny per active payline in the same category as online penny slots. In this case, the minimum bet may end up being bigger than one penny if you decide to play with more than a single active payline.

How to Win on Penny Slots?

Penny slots, just like all other online slots, are games of pure luck and chance. In that sense, there's no best strategy for penny slots aside from hoping for Lady Luck to be on your side. The standard tips apply. These include sticking to games with high RPT rates, at least 95%, and high-paying standard symbols. You'll also possibly want a low to medium volatility slot for frequent wins and prolonged gameplay. Finally, don't forget not to overspend and to have a playing budget before you start playing. Due to the low betting amount on online penny slots for real money, players often lose track of how much they've spent.

Benefits of Penny Slots Online

There are no specific benefits for those playing penny slots compared to other online slots. The only pro is the extremely low minimum bet. We already established that this feature makes penny slot machines attractive to low-stake players. Other than that, there's nothing special about them. These games drastically vary from one another in theme, design, bonus rounds, and so on.

The Best Penny Slots to Play

There are thousands of online slot machines on the market, and many of those accept as little as one penny per spin. In that sense, choosing what penny slots online to play can become a bit overwhelming.

As always, we're here to help our readers with our guidance. We've tested a wide range of slot machines with penny bets and listed the best ones. Don't be surprised to find some popular video slots on the list below. After all, penny casino slots aren't necessarily classic reel machines.

Divine Fortune

Whenever someone asks what the best penny slots to play are, the answer will surely include Divine Fortune! And as we already mentioned jackpots, we might as well start with NetEnt's progressive title Divine Fortune. You might be surprised to discover that this is actually a penny slot, as the minimum bet per line is €0.01.

Paying homage to ancient Greece, this slot is played on five reels across three rows. There are 20 paylines, and the game's RTP is 96.59% while being medium when it comes to volatility. The slightly above-average RTP is quite surprising for a slot with a jackpot tied to it. The progressive jackpot commonly reaches into the tens of thousands of euros, sometimes even paying out over €100,000.

divine fortune by netent

Book of Dead

One of  Play'n GO's most beloved releases, Book of Dead, tasks you with exploring ancient Egyptian tombs. It's also one of the top-rated real money and free penny slots online. It features five reels and three rows with ten paylines. This means the minimum bet amount is set at €0.10. High volatility and an RTP of 96.21% ensure a nice balance between the fairness of a good RTP and the thrill of a larger win potential due to the volatility.

A very characteristic of Play'n GO games is the gamble feature that you can chance on after every winning round. Players can also unlock free spin rounds by landing the bonus symbols that act as both Wild and Scatter symbols. Combining Wilds and Scatters into a single bonus symbol means that landing them really packs a punch.

book of dead play'n go

Valley of the Gods

Another title from the Yggdrasil slots list, Valley of the Gods departs beyond the Norse borders and into Ancient Egypt. Here players spin the reels on a five-by-five grid. Certain parts of the grid are blocked, yet there are still up to 3,125 ways to win. High volatility and an RTP of 96.20% give this a similar gameplay feel to Book of Dead.

Minimum bets start at €0.10, which is great. You can also take advantage of the re-spin and win multiplier mechanics. The maximum bet of €100, which should definitely be enough to satisfy the high rollers out there. €580,000 is the maximum win amount of this game, which is incredibly appetizing.

Valley of the Gods by yggdrasil

Vikings Go to Hell

Released in 2018, Vikings Go to Hell is one of the best penny slots developed by Yggdrasil. The Norse roots are strong with this one, clearly demonstrated by the crisp and punchy graphics. While it has a pretty nice RTP of 96.1%, it is played at high volatility. This means that it is not ideal for smaller budgets, as wins are generally bigger but less common. Free spins and win multipliers can be activated from the game's Sticky Wild symbols.

What is also rather impressive is the maximum win potential. It stands at €687,500 based on placing a max bet. This equates to over 3,000 times your initial bet. You can still achieve this from the minimum bet of €0.10. We don't have this title reviewed yet. But you can try out its sister game, Vikings Go To Valhalla. It's one of the best penny slots for free you can try on our website.

Vikings Go to Hell yggdrasil

Necromancer

This might be the start of the next generation of slot games. Necromancer by Evoplay is the first VR-compatible release from the provider. While it can be played regularly on desktop or mobile devices, the VR experience serves to provide an entirely new level of immersion. It is played with four rows of five reels and an RTP of 96%.

Minimum bets start at a nice and low €0.10, while the maximum can go all the way up to an eye-watering €500. There are 40 fixed paylines and the game’s main features include free spins, re-spins, wilds and scatters. If you do happen to have access to a VR kit, we definitely recommend giving this one a try, at least in demo mode.

Necromancer by evoplay

Cleopatra

Cleopatra by IGT is one of the best penny slots to play at a casino. It accepts a wide betting range between 0.01 and 100 credits in your chosen currency. The game rocks an Egyptian theme, as you could've guessed by the name. Besides being a popular penny slot, this is one of the best slot releases in general. It's packed with bonus features, you can win free spins and hope for some juicy payouts.

Blaze of Ra

Blaze of Ra by Push Gaming is another pick among the best online casino penny slots you can play today. This game has an RTP of 96.4% and medium-high volatility. It rocks 40 paylines and an Egyptian theme. The minimum bet you can place is a penny per payline. Since the number of paylines is 40, you'll have to bet at least 0.40 per spin. Like all other Push Gaming slots, you can expect spotless graphics, excellent sounds, and generous bonus features.

Where to Play Penny Slots Online

There's no single best casino when it comes to penny slots free games, or real money action. Luckily for you, we have a long list of top-rated gambling sites, and every one of those has a solid selection of penny slots. Just open the site from our list you like the most, register, deposit, and then use the search bar to find any of the titles we've listed in this article. It's fair to note that most leading casinos work with NetEnt. So, you're sure to find Divine Fortune pretty easily.

We also like to remind you that you can try free online penny slots right here on GoodLuckMate. We have reviewed some of the titles on this list. If you open their reviews through the search bar, you can initiate demo play from our platform without visiting other sites. Naturally, free penny slots don't give real-money payouts. You can use the demo play to test them out, nevertheless.

Playing Penny Slots on Mobile Devices

If your chosen casino supports mobile play, then you can play penny slots on mobile devices without any issues. All of the games we mentioned above as the best penny slots online, as well as all the other ones, should work perfectly on smartphones and tablets. Most modern games are developed in HTML5, meaning the game simply adapts to the playing display size.

Are Penny Slots Better Than Other Slots?

The best penny slots to play are an appealing option for many players as they offer low-stakes gambling without the big losses associated with higher-stakes games. While the smaller bets may mean a lower return on investment, it also means less risk. Penny slots are also easier to learn than other types of slot machines and require less skill to play. Additionally, penny slots can be a great way for novice players to get their "feet wet" before playing more complex slot games that require greater knowledge and strategy.

However, it is important to note that casino penny slots do not always offer the best odds or payouts compared to other slot varieties. Since these slots only cost a penny per spin, the house has less incentive to pay out large sums of money when someone wins. Therefore, if you're looking for more significant payouts and better odds of winning, it would be wise to look into higher-stakes games such as progressive jackpots or classic three-reel machines.

Additionally, while penny slots may save you money in the short term, they can also lead gamblers down a dangerous path if they're not careful. When placed in the hands of at-risk individuals, these seemingly harmless games can quickly become addictive and have negative financial consequences if not monitored closely.

Ultimately, whether or not penny slots online are better than other slot varieties depends upon your individual preferences and needs. For those looking for an easy way to gamble with minimal risk involved or for novice players who want to gain experience before moving on to bigger and riskier games - these kinds of slots can be a great option. However, if you're seeking larger rewards and better odds at winning – then you may want to consider alternative options like progressives or classic reel machines instead.

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Nerijus Grenda
Nerijus Grenda
Last Update: 17 Mar 2023
Nerijus Grenda is a prolific contributor to the GoodLuckMate site. With a deep understanding of the online casino industry, gained from his own experience as an avid player, he offers valuable insights on what sets the best casinos apart from the rest. As a writer, Nerijus shares his expertise through expert analysis and thoughtful commentary on various topics related to online gambling, including casino reviews, game guides and industry trends.
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