Penny slots are popular at online casinos in Nigeria for their low stake gameplay and potentially engaging gameplay. These are very attractive for casual players starting off with a small bankroll. Even though the bet size is very small, they can offer you quite an entertaining experience with the potential to provide substantial payouts. In this comprehensive guide, we will discuss how to play penny slots, their mechanics, and a few tips to maximize gameplay while managing your bankroll responsibly.
What are penny slots?
Penny slots are a type of slot games where the minimum you can bet per line is typically just one cent (a penny). Originally, these slots at land based casinos usually featured one payline where you match three symbols and win. However, modern penny slots at online casinos offer multiple paylines.
With modern penny slots, you usually have the choice to bet a penny on a single line, or bet more on multiple paylines. For instance, a penny slot with 50 playlines will cost you $0.50 if you activate all the paylines.
Popular penny slot games in Nigeria
While penny slots let you bet only $0.01 per line, you should remember that not all games let you bet on just one single payline. With that said, we will introduce you to the best penny slots at online casinos in Nigeria below.
Book of Dead
Book of Dead is an Egyptian themed slot developed by Play’n GO. It has five reels and three rows with 10 adjustable paylines. The game lets you bet on just one line, so you can play with just a penny. However, for better outcomes, we recommend you bet on all 10 paylines. The slot is highly volatile with an RTP of 96.21%.
Starburst
Starburst is a penny slot developed by NetEnt with a jewel theme. The game offers five reels and three rows with 10 paylines that pay both ways. Though the minimum bet is $0.01 per line, you must bet on all 10 paylines on each spin. So, practically, you need to bet $0.10 per spin. It is a low volatility slot with a 96.09% RTP.
Wolf Run
Wolf Run is a slot themed around wolves, developed by IGT. The game’s grid has five reels and four rows. The slot has 40 paylines, and it lets you choose how many lines you want to bet on. So, you can bet $0.01 on just one payline, or choose to include all 40 lines for better outcomes. This medium volatility slot comes with an RTP of 94.98%.
Playing penny slots made easy
Now that you know which penny slots are the best. Let’s look at the step-by-step guide below to start.
- Select your penny slot – choose a game that suits your bankroll and playstyle. Make sure that the theme appears to you. Look for games with high RTPs and bonus features. Pick a volatility based on your preferences.
- Check the paytable – different symbols have different values in a slot game. It is a good practice to learn the paytable to develop gameplay strategies. It will help you understand how to trigger bonus features.
- Adjust the bet size – penny slots let you wager $0.01 per line. If you want to bet a penny, choose the lowest number of lines (typically one). However, to take maximum advantage, you should bet on all paylines.
- Spin the reels – once your bet amount is set, just press the spin button to start playing. Most games let you use an autoplay feature to spin a certain number of times in one click. Use that if it suits you.
- Cash out winnings – when you are done playing or reach your budget limit, it is time to quit the game. Whether you are in surplus or in losses, you should move on and withdraw your balance. Always play responsibly and never chase losses.
Tips for playing penny slots
Playing penny slots can be very cost effective as you have the choice to bet a very low amount. However, without proper knowledge and a responsible approach, your gaming sessions might lead to financial losses. To help you with that, we have compiled a few tips you should follow.
Managing your bankroll
Before you start playing, you should set a budget depending on how much you want to spend. Make sure that you are comfortable losing that amount. You can also set win and loss limits to manage your bankroll more efficiently.
Bet small amounts from your bankroll to prolong your playtime. As a rule of thumb, our experts advise you to bet 1% to 2% of your bankroll on each spin. You should never chase losses as it will likely deplete more of your bankroll. Remember, the casino always wins in the long run because of the house edge.
Utilizing bonuses and promotions
Online casino bonuses let you prolong your playtime with bonus funds or free spins. You should always use these promotions to play online slots as they always contribute 100% towards the wagering requirements. Free spins bonuses can be applicable for one or more slots. Whichever bonus you claim, they let you play penny slots without risking your bankroll.
Debunking slot machine myths
Let’s bust a few common myths about slot games that can mislead you during your gaming sessions.
- Hot and cold streaks – many players think that slots go through hot and cold cycles, where they either pay out frequently or not at all. All slots use RNG software, so the outcomes are completely random.
- Bonuses reduce winnings – it is a common belief that slots pay out less when you use a bonus to play. This is completely wrong as the RNGs don’t consider whether you are using real money or bonus funds.
- Timing affects payouts – many players will tell you that peak or off peak hours have different effects on payouts. As slots operate on RNGs, the outcomes do not depend on your timing or the number of players on the site.
Online vs. land-based penny slots
Online and land based casinos both have their pros and cons. In this section, we will highlight a few key differences between these two to help you decide where to play penny slots in Nigeria.
- Convenience – online slots are definitely more convenient than land based ones. You can play at the comfort of your home or on the go. Land based casinos require you to physically travel and play during the operating hours.
- Game variety – land-based casinos are limited by their physical space and thus offer fewer penny slots. Online casinos have no such constraints and can offer thousands of slot games for you to play.
- Casino bonuses – bonuses are one of the major perks of online casinos. You can use them to play slots for free. Land-based casinos do not offer bonuses and so you can not use bonuses to your advantage.
- RTP – online slots typically have higher RTPs than their land-based counterparts. That means online slots are more advantageous in the long run.
- Payouts – land-based casinos pay out your winnings immediately but on online platforms, you may need to wait between a few hours and a few days for the winnings to reach your account. You may also need to wager the winnings if you use a bonus.
