Penny Slots Winners & Penny vs. Dollar Slots
A Penny vs. Dollar Slots comparison followed by Penny Slots Winners
is the focus of this content. This article expands the slots section at
gamerisms to a total of 10 parts.
Penny Slots are everywhere—online and off. The familiar brown coin has
reached jackpot proportions with bonus paydays.
Usually associated with larger denominations, these slot games offer
more winning ways with bonus credits, multipliers and free spins for
all slot players to enter the big
penny slots winners arena.
Casinos win almost twice as often with penny games compared to other
slot machine denominations. Known as the handle, a percentage based on
the total amount bet vs. payout; casinos in Nevada won 10.88% of the
money wagered on penny games.
Yet, other denominations reveal a win percentage of about 5.89%. The
jackpot winners reported here certainly battled those odds and won.
Thus, the Penny vs. Dollar Slots comparison begins followed by Penny
have at least 20-25
lines and some 100 lines and as most slot players know, the strategic
wager is to activate all lines on every spin = maximum spin.
For a 20-line penny
version, if you bet 1 coin/line=20 cents/spin, 5 coins/line=$1 or 10
coins/line for a maximum spin=$2.
Thus, 25 lines=$2.50 for max spin and 50 lines=$5.00 for a max spin!
There are several other configurations. For example, you can bet 25
coins/line and now we are over $5.00 for a max spin! Sightings of $7.
per max spin have been reported.
Often, there are 3 level jackpots, usually mini, middle and top
jackpots. While generally no more than a couple of thousand, penny
slots can and do move into the heavenly
realm of up to $1million for Mega or Hyperlink progressive
casino/gaming areas are now reporting payouts for pennies and while a
few report 90-91%, the majority of payouts are in the 88-89% range.
Pennies offer many more
multipliers, wilds and free spin opportunities than dollar slots.
Dollar Slots Comparison
Enter the Dollar slots, long the premium choice of many slot players.
2-3 coins or $3.00 max
Top jackpots are at least $1000, often $2500 up to $10,000 for basic
slots. Progressive dollar jackpots reset for at least $1 million and
Megabucks resets at $7 million.
Line up those 7s, stars, bars, cherries, etc in the window before you
and receive a reward.
It was an easily understandable win where there was no criss-crossing
lines across the screen to set you wondering why and how you won a
little, a lot or not at all. No need to question with a 4-5 symbol line
up, “Why am I not one of the penny slots winners? “
: At least 93% and often
as high as 95%.
When playing $2/spin,
two cherry symbols on the payline will return your bet.
offer penny games for each of their multi-line versions and
quarters to $5 for single payline slots.
You can change your
betting easily at these multi-denominations slots.
While, some land-based slots are multi-denominational, most are not.
Top jackpots vary from approximately $1000 for pennies to progressive
slot million$ payouts depending on denomination.
According to published
payouts for online casinos, they range from a high of 98% to a low of
95% for all slots.
Generous bonus cash and
For more detailed information regarding online slots, specifically if you are Canadian, please head over to SlotsOnlineCanada
Some Conclusions: Penny Slots Winners
Your bankroll will go further IF you play less than max coin but
activating all paylines at penny games. Example: 25 paylines=.25 cents.
However, the expected result of the above is lower payouts with lower
returns. Often you do not
receive a return of your original bet per spin with penny games.
Single payline dollar slots provide higher payouts and jackpots in
Online slots provide both options of pennies and dollars at one slot
with higher payouts than land-based casinos.
The majority of penny slots winners played less than $100. at max spin
before a jackpot hit.
Try This Test:
Take an equal
amount of money, ($100.) and play two separate slots: penny slots vs.
single payline dollars and compare the results.
As to my personal opinion, I prefer dollar slots, however I can
understand a bankroll-conscious slot player who wants to play and have
some casino fun with $20.-$50.
I did this test recently.
1) I played $50 at a 20-line penny slot activating all lines at a
cent per line=20cents/spin. Playing time=38 minutes.
2) I played $50 at the same 20-line slot playing 10cents/line—max
spin=$2.00/spin. Playing time=11 minutes. Your test may vary.
Penny Slots Winners
Slot players flock to penny games even with the knowledge of lower
payouts. A study found that penny games are the only form of gambling
that had not lost revenue during the recession. This section is about
the penny slots winners -- millionaires who beat the odds.
Alberto Lopez, a 51-year-old construction worker decided to head over
to Jackson Rancherio. He put $100 in the penny machine when his luck
came through and he hit the jackpot for $1,129,009.20. Lopez plans to
use some of the money to pay off his loans and "do something for mom."
Other high-profile penny slots winners in recent years include Dorothy
Reynolds, a California woman who won $2.9 million at Planet Hollywood
in 2010 and an anonymous player who won $3.5 million at a one-cent
Wheel of Fortune slot machine in Atlantic City last year.
Marilyn Carton's jackpot of $1,107,617.37 hit while playing Millionaire
Sevens, a wide-area penny progressive slot machine at Seminole Hard
Rock Hotel & Casino.
A Nevada resident became one of the multi-millionaire penny slots
winners when his
investment paid off on Penny Megabucks at the Pahrump Nugget Casino. He
hit the MegaJackpot for $18,799,414, the largest penny slot jackpot
The anonymous player said, "I actually thought about playing Penny
Megabucks. I don't know why because I normally play video poker." "I
put in $100 and after playing $44, I saw five eagles line up and I knew
I had won something big."
He will pay off some bills and then take his wife on a long trip to
A Michigan man scooped $7.2 million on a casino's penny-slot machine.
Tyler Morris, of Montague, was returning from his buddy's funeral when
he said he felt compelled to stop at the Palace Casino Resort in
Biloxi, Miss. With memories of his pal, a regular at the venue, he
racked up $7,217,175.15 in winnings on The Lord of The Rings: The
Fellowship machine in just 30 minutes. Morris plans to pay off the loan
on the car he bought to travel to the funeral and put some aside for
their children and grandchildren.
A Connecticut resident's first spin at a penny slots machine turned
into a windfall at the Borgata, NJ. He bet the maximum $4 on a Wizard
of Oz Emerald City progressive slot machine and went on to win
Charles Watters, of Laughlin, Nevada, was fifteen dollars into the
hundred dollars he had inserted into the Wizard of Oz penny slot
machine when the big jackpot hit. At first, Watters thought he
had won $9,000. Then he realized there was a couple more digits and
“We are thrilled to present Charles a check for $953,220.95. We love
that he turned pennies into just under a million dollars.” The same day
that Watters hit the jackpot, was the 75th anniversary of the movie,
“The Wizard of Oz,” being released in 1939!
Comparison aside, there is no denying that the Slots Playground offers
a multitude of choices in penny and dollar versions. Enjoy your reel
adventure and Good Luck!
Penny Slots Winners, take a look at Wheel of Fortune Winners
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