![]() ![]() Not only is the payout percentage higher, but these machines make you eligible for jackpots that are typically at least $1,000. You'll pay a dollar per spin on these machines. You could increase your chance of winning a jackpot by playing a traditional three-reel slot machine with just one pay line. If you're playing for less than the machine's maximum wager amount, the biggest jackpot you can hope to claim will only be about $20.īecause of this, most gambling experts recommend people stay away from penny slots. Despite the increased wager, you'll still be facing a lower payout percentage. To have any chance of winning the jackpot, you'll find yourself wagering at least a dollar per spin. And this is where the name "penny slots" starts to get a little misleading. The catch, however, is that you can't win the jackpot without making the maximum bet. This means the jackpot grows every time someone wagers a bet on the machine. ![]() Here's a brief breakdown of how penny slot games work: most penny slot machines have what's called a progressive jackpot. Dollar slots, on the other hand, require a dollar to play. penny slots, as you might imagine, are played with a penny. What's the Difference Between Penny Slots and Dollar Slots?Īs the names might indicate, the most significant difference between penny and dollar slots is the denomination with which they're played.
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