Cointelegraph is a free to read website, by purchasing a product through affiliate links in our content, we may earn a commission at no extra cost for our readers. Which will allow to us to finance our operations and continue with our research work for our readers. We ensure all recommendations go through in-depth editorial checks to maintain accuracy and quality. You can learn more about this on Content Transparency Guidelines and How We Rate pages.Out of all the casino games out there, penny slots are the only ones that give you a chance to bet cents and win big. These popular slot machines are the games with the lowest bets in any casino, and they are an excellent entry point for new players.
In our extensive guide to penny slots, we reveal some of the top games in this category, the best casinos you can play them at, and the strategies you can use to improve your winning chances. Our guide is designed for slot beginners, but seasoned players can also find some useful info, so read on to boost your penny slot experience.
Best Online Casinos for Penny Slots
Best Penny Slots 2025: A Brief Overview
| Ranking # | Slot Name | Provider | RTP (%) | Paylines | Volatility | Theme | Minimum Bet |
| 1 | Book of Dead | Play’n GO | 96.21% | 10 | High | Egyptian | $0.01 |
| 2 | Blaze of Ra | Push Gaming | 96.4% | 40 | Mid-High | Egyptian | $0.40 |
| 3 | Dead or Alive 2 | NetEnt | 96.8% | 9 | High | Wild West | $0.09 |
| 4 | Divine Fortune | NetEnt | 96.59% | 20 | Mid-High | Greek | $0.20 |
| 5 | Gonzo’s Quest | NetEnt | 95.97% | 20 | Mid-High | Conquistador | $0.20 |
| 6 | Starburst | NetEnt | 96.09% | 10 | Low | Space | $0.10 |
| 7 | Gates of Olympus | Pragmatic Play | 96.5% | Clusters | High | Greek | $0.20 |
| 8 | Sweet Bonanza | Pragmatic Play | 96.6% | Clusters | Medium | Candy | $0.20 |
| 9 | Reactoonz | Play’n GO | 96.51% | Clusters | High | Aliens | $0.20 |
| 10 | Jammin’ Jars | Push Gaming | 96.83% | Clusters | High | Candy | $0.20 |
The table above includes some of the top online penny slot options you can enjoy. We have done our research and found that these slots offer the best mix of value and entertainment for the players.
Keep on reading and find out how we ranked the penny slots on this page and find out more about the top 10 penny slots according to our rankings.
Reviews of the 7 Best Penny Slots Online 2025
We only finalized our penny slot rankings after giving each game a fair review. You can discover what made us choose the top slots on the list. Here are the reviews of the 7 best penny slots you can find in some of the best online slot casinos.
1. Book of Dead – Explore Egyptian Myths and Trigger Free Spins
- RTP: 96.2%
- Paylines: 10
- Jackpot Type: N/A
- Volatility: High
- Max Payout: 5,000x
- Provider: Play’n GO
- Theme: Egyptian
- Minimum Bet: $0.01
One of the most popular slots from Play’n GO, Book of Dead is a true penny slot, as it allows players to reduce the number of paylines and bet just one cent per spin. The game’s familiar theme and gameplay mechanics make it a fan favorite across the board.
Our team tested Book of Dead and was pleasantly surprised with the entertainment value this game has to provide. The base game is somewhat mundane, but free spins are often triggered via the scatter symbols. The expanding wilds feature within the free spins offer a significantly higher win potential, with wins of up to 5,000x possible.
The simplicity of the game’s features and the low number of paylines makes Book of Dead ideal for beginners. The low betting minimum leaves plenty of room for incremental bet increases during winning sessions. The slot’s audiovisual elements make it fun to play for extended periods and make every spin an exciting adventure.
Pros
- Free spins with expanding wilds
- Win up to 5,000x your stakes
- Attractive ancient Egypt theme
- Bets as low as $0.01
Cons
- Highly volatile slot with large loss potential
2. Blaze of Ra – Mesmerizing Visuals and Exciting Slot Features
- RTP: 96.4%
- Paylines: 40
- Jackpot Type: N/A
- Volatility: Mid – High
- Max Payout: 2,049x
- Provider: Push Gaming
- Theme: Egyptian
- Minimum Bet: $0.40
A Push Gaming masterpiece with a familiar Egyptian mythology theme, Blaze of Ra is a game that will appeal to seasoned players of online penny slots. Its five reels hide as many as 40 paylines in total. The minimum bet is fixed at $0.40, which makes this nickel slot somewhat more costly than a game like Book of Dead.
As we played Blaze of Ra, we were introduced to new gameplay mechanics and features. The nudging wilds and extra wilds during free spins made playing Blaze of Ra a thrill, as every spin truly offered potential for significant winnings.
Push Gaming did an amazing job in terms of sounds and visuals, which keep you on your toes and create a mysterious undertone to the whole game. The 96.4% RTP is slightly above average, making the game a good choice for players who are looking to optimize their choices and maximize their long-term wins.
Pros
- Familiar theme with modern visuals
- Free spins with extra wilds on reels
- Nudging wilds for extra wins
- High overall RTP
Cons
- Somewhat high minimum bet
3. Dead or Alive 2 – Hunt Down the Outlaws and Claim the Bounty
- RTP: 96.8%
- Paylines: 9
- Jackpot Type: N/A
- Volatility: High
- Max Payout: 111,111
- Provider: NetEnt
- Theme: Wild West
- Minimum Bet: $0.09
Fans of the old Western movies will enjoy NetEnt’s Dead or Alive 2 more than most other slots. The game puts you in the role of a sheriff and tasks you with hunting down the most wanted criminals in the land. Success guarantees bountiful rewards, but failure can be a bit costly in this exciting penny slot.
With just nine paylines and a minimum bet of $0.09, Dead or Alive 2 is a real penny slot, ideal for the low-rollers. The game’s top wins all from its free spins, with three different free spin modes available. We tried each, and the main difference between them is in their volatility and maximum win potential. Fortunately, you get to choose your own free spins mode each time you trigger the bonus.
The game’s 111,111 max win is massive compared to those of games like Book of Dead. However, the maximum volatility free spins are also very risky, as they often pay very little and aren’t the best choice for the cautious player. The bonus buy feature makes it possible to activate the free spins at any time at an affordable price, allowing you to skip the empty spins and take matters into your own hands.
Pros
- Three free spins modes to choose from
- Affordable minimum bet
- Bonus buy option available
- Massive maximum win
Cons
- Extremely high volatility in the top free spins mode
4. Divine Fortune – Climb Mount Olympus and Claim the Divine Jackpot
- RTP: 96.59%
- Paylines: 20
- Jackpot Type: Progressive
- Volatility: Mid – High
- Max Payout: 600x
- Provider: NetEnt
- Theme: Greek
- Minimum Bet: $0.20
Divine Fortune is a slot game that revolves around the topic of divinity and the well-known theme of Egyptian mythology. Compared to Blaze of Ra, the game features a more soothing environment with milder sounds and more relaxing graphics. The winning potential is not lower, though, as the chance of a progressive jackpot makes every spin of Divine Fortune an actual thrill.
Divine Fortune is a reasonably affordable slot, with a minimum bet that most novice players won’t mind paying at just $0.20. The wild re-spins feature makes even base gameplay quite exciting, while the jackpot game is a chance at some real moments of divinity. If you aren’t lucky enough to win the progressive jackpot, two smaller jackpots loom and offer an opportunity for a significant consolation prize.
If you are on the lookout for a game that has nearly infinite winning potential, Divine Fortune is your best pick. Of course, you can also go for progressive jackpot slots The whole experience will be even more thrilling if you are a history buff and into games that follow the mythology theme, one that Divine Fortune fits into quite nicely.
Pros
- Falling wild re-spins and wild on wild feature
- Three progressive jackpots to play for
- Reasonable minimum bet
- Stunning sounds and visuals
Cons
- Somewhat repetitive slot theme
5. Gonzo’s Quest – Follow Gonzo the Conquistador on His Quest for Eldorado
- RTP: 95.97%
- Paylines: 20
- Jackpot Type: N/A
- Volatility: Mid – High
- Max Payout: 2,500x
- Provider: NetEnt
- Theme: Conquistador
- Minimum Bet: $0.20
When it was first launched, NetEnt’s Gonzo’s Quest broke the mold for penny slots and introduced a brand-new slot theme and gameplay mechanics. While both have been copied by various software providers since Gonzo’s Quest remains one of the most iconic and recognizable penny slots on the market.
For its time, Gonzo’s Quest was a completely novel game, introducing 3d graphics into slots, along with a quirky character of Gonzo narrating the game. Gonzo takes us on an epic adventure into the Amazon rainforest in search of ancient riches and the glory of a conquistador.
The gameplay features of Gonzo’s Quest remain some of the most fun you will find in any slot to this day. The avalanches feature allows for multiple wins on each spin while activating free falls provides higher win multipliers and potential for max wins. Compared to slots like Blaze of Ra, Gonzo’s Quest offers lower volatility and a high win rate, with almost half of all the spins offering at least some return on your investment.
Pros
- One of the most popular slots around
- Avalanche mode with win multipliers
- Increased multipliers in free-fall mode
- Very high hit rate
Cons
- Somewhat low maximum win potential
6. Starburst – Let Your Stars Align for Maximum Wins
- RTP: 96.09%
- Paylines: 10
- Jackpot Type: N/A
- Volatility: Low
- Max Payout: 500x
- Provider: NetEnt
- Theme: Space
- Minimum Bet: $0.10
If you are a fan of classic slots, Starburst will be right up your alley. Building on the classic slot theme, Starburst introduces an engaging theme of space exploration and adds a few extra features, including two-way paylines and expanding wilds. Yet, at the essence, it is still a classic slot with a very high hit rate.
We found Starburst to be a highly entertaining game, as many winning spins meant we were always in action. The star symbol appearing on the reels expands as a wild and covers the entire reel, triggering a re-spin and multiplying any wins.
The entire gameplay experience is followed up by a high-tempo musical number in the back, while the shiny symbols and animations help keep the upbeat mood. Overall, Starburst remains one of the most exciting penny slots to play even today, many years after its initial launch.
Pros
- Expanding wilds feature with re-spins
- Two way paylines for double wins
- Stunning graphics and animations
- Bets as low as $0.01
Cons
- No free spins or bonus games
7. Gates of Olympus – Walk Through the Divine Gates and Multiply Your Prizes
- RTP: 96.5%
- Paylines: Clusters
- Jackpot Type: N/A
- Volatility: High
- Max Payout: 5,000
- Provider: Pragmatic Play
- Theme: Greek
- Minimum Bet: $0.20
Gates of Olympus from Pragmatic Play is another game that changed the way slots are played, much like Gonzo’s Quest many years earlier. Breaking the classic theme of paylines, Gates of Olympus offers a unique dynamic in which identical symbols merge across the entire screen to trigger wins, only to be replaced by new symbols after bursting from the grid.
Our experience with Gates of Olympus was an extremely thrilling one, as the game has so much to offer. In an audio-visual sense, this slot is a true masterpiece. The character of Zeus holds court over the slot and fires his lighting onto the symbols to add multipliers and decide the player’s fate.
The exciting free spins mode is triggered by scatter symbols, but the bonus buy feature allows you to activate it at any time for 100x. The 15 free spins come loaded with winning multipliers, which are stacked across the spins, building potential for outstanding wins on the later spins.
Compared to simpler games like Starburst, Gates of Olympus has a lot more going on with each spin, making it the ideal game for restless players who are looking for that extra bit of action.
Pros
- Identical symbols pay anywhere on the screen
- Growing wilds during free spins mode
- Bonus buy available for 100x
- Win multipliers on random spins
Cons
- Base game wins can be quite low
How We Review Slot Games
In our search of the best slot games on the market, our team played and tested hundreds of real money slots. In the process, we have been able to identify the best penny slots online by using our tried and tested review methodology. Our reviews are based on a number of key factors, including:
- RTP & Payouts: The overall RTP and payout frequency of the slots is the key thing we look at when rating online penny slots.
- Reputation & Trustworthiness: We look for slot machines developed and maintained by the very best and most reputable software providers in the iGaming industry.
- Mobile Gameplay: All slots that make it to our lists are fully mobile-compatible and offer a high-quality mobile experience for both iOS and Android users.
- Visuals & Graphics: Modern graphics and animations make slots more fun to play. We look for games that do a good job of taking players into different worlds and dimensions with their audio-visual identity.
- Withdrawal Time & Methods: Best penny slots can be played at premium casino platforms that guarantee fast payouts via your favorite payment method.
- Bonuses & Promos: The availability of bonuses and promotions to play with make the slots experience that much more appealing.
- Safe, Secure Gaming: Ultimately, random spins and secure gameplay are essential to a high-quality slot, which is why we only promote games whose safety is beyond question.
Online Penny Slot Game Providers
The best penny slots online come from prestigious software development studios with a focus on iGaming. Companies like Pragmatic Play, NetEnt, and Playtech offer some of the best online penny slots with exciting gameplay features, attractive visuals, and guaranteed randomness.
If you are on the lookout for online penny slots to play for real money, make sure to check out games from the following software developers:
- Pragmatic Play: Operating from Gibraltar since 2015, Pragmatic Play is one of the top software providers in the online casino space. Games like Sweet Bonanza, Big Bass Bonanza, and Gates of Olympus are only a few of their timeless hits.
- NetEnt: The famous Swedish software developer is the name behind penny slots like Starburst and Gonzo’s Quest. Over the years, NetEnt has established itself as the go-to studio for online casino software.
- Microgaming: Operating since 1994, Microgaming is a company that built a big chunk of the foundation of the online casino industry. Today, it provides hundreds of slots for top casino brands in cooperation with dozens of smaller software studios.
- Playtech: Another pioneer of the online casino world, Playtech is an Estonian company that contributed games like Age of Gods, Immortal Romance, and Ugga Bugga to the thriving world of iGaming.
- Play ‘n GO: Famous for its innovation, Play ‘n GO invented games like Reactoonz and Rise of Olympus that revolutionized the slots industry and brought completely new gameplay styles into existence.
What Are Penny Slots?
The name penny slots comes from old slot machines found in brick-and-mortar casinos, which were fueled by actual penny coins. Today, penny slots have evolved beyond that, and penny slots online are games that can often be played for as low as $0.01 per payline but also accept higher bets.
A typical online penny slot has a minimum bet of $0.01 x the number of paylines. For example, a penny slot with 25 paylines will usually have a minimum bet of $0.25, technically making it a quarter slot. Modern penny slots are often referred to as nickel slots or quarter slots for this exact reason.
In either case, penny slots are typically games with the lowest betting denominations in an online casino. The low stakes typically mean smaller maximum payouts but also a lot of entertainment value for a limited betting budget.
Why Play Penny Slots?
The penny slots category in online casinos is vast, with many operators offering thousands of penny slots to choose from. There are quite a few good reasons to enjoy this game type, some of which include:
- Thousands of games to pick from
- Explore different virtual worlds
- Try different bonuses and features
- Play for massive progressive jackpots
- Most affordable games in an online casino
- Big wins on small betting limits
- Reasonable RTP rates compared to other games
How Much Do You Bet with Penny Slots?
When playing penny slots, it is important to fully understand what the word actually means. Unlike some old-school slot machines in live casinos, penny slots online usually can’t be played for one cent per spin. Instead, a minimum of one spin is wagered per payline, and slots usually have multiple paylines.
For example, a penny slot with 10 paylines may have a minimum bet of $0.10, while one with 25 paylines may have a minimum bet of $0.25. Some modern penny slots come equipped with hundreds of paylines, but you will not have to bet one cent for each of them.
Slots with “all ways” and “megaways” mechanics that include hundreds of paylines often have their minimum bet set at $0.20 or another similar amount. Online penny slots also allow you to increase the bet in increments, and you can bet up to $100 or more per spin on them if you so choose. Before you press the spin button, make sure to pay attention to the “total bet” amount usually displayed in the middle of the screen.
Types of Online Penny Slots
The online penny slots category is the most extensive one in any online casino. With thousands of games on display, you can expect them to be divided into several key categories. When looking at online penny slots, you can observe some of the following popular categories:
- Classic Slots: The simplest of all penny slots online, these games come with a few simple paylines and very few special features. Symbols like sevens, bars, and fruits often appear on the reels, with all wins coming as a product of combining identical symbols across paylines.
- Video Slots: Most popular slot games these days come from this category. Equipped with dozens of paylines and exciting features like free spins and bonus games, video slots are the most entertaining games you can find in any online casino lobby.
- Mobile Slots: Modern online penny slots are optimized for mobile play. The mobile slot versions allow for play on devices with smaller screens in both vertical and horizontal modes.
- Megaways Slots: This unique slot feature makes each spin a thrill, as the total number of paylines changes from one spin to the next. Get lucky and land a spin with thousands of paylines, connect the symbols across the screen, and win huge prizes!
- Progressive Jackpot Slots: The most rewarding of all penny slots, progressive jackpot machines can make you a millionaire in an instant. The progressive jackpot grows each time the game is played, with all the accumulated money eventually paid to one lucky winner.
Online Casinos for Playing Nickel Slots
If you are thinking of playing penny slots online, your best bet is to do so with reputable online casinos. Here is a look at a few top online casinos that provide a huge variety of penny slots with favorable RTP rates and enjoyable themes.
Instant Casino
With well over 2,000 online penny slots in its stock, Instant Casino is one of the top online casino platforms for slot aficionados. With games from all the top software providers like Pragmatic Play, NetEnt, and Push Gaming, this operator is designed with slot players in mind. High-level security and instant withdrawals via cryptos are only a few of the extra perks you can expect, on top of the gigantic EUR 7,500 welcome bonus that allows you any number of extra spins on your favorite slot machine.
Instaspin
Another online casino with an expansive penny slots online lobby, Instaspin is a great choice for players looking for variety. The intuitive casino platform offers thousands of options for slots players and provides the luxury of EUR 1,000 in extra bonus money for all depositing players. Games like Gonzo’s Quest and Book of Dead are only a few of the slot games you can enjoy playing at Instaspin at stakes of your choice.
Golden Panda
If you want to enjoy your penny slots in absolute splendor, Golden Panda is an online crypto casino that guarantees it. Thousands of popular slot games, including the likes of Starburst and Gates of Olympus, are all available, each bringing its unique gameplay features and new mechanics. Play for huge progressive jackpots, explore different mythical worlds, and enjoy countless hours of fun with the minimal risk that penny slots bring.
Samba Slots
A modern online casino platform equipped with over 2,500 slot games, Samba Slots is a slot lover’s paradise. A welcome bonus worth EUR 5,000 and 10% in weekly cashback awaits all new players. A selection of premium slots, including the newest titles on the market, is always available, making Samba Slots one of the best places to go looking for the best online penny slot options.
CoinPoker
One of the leading crypto gaming platforms in the world, CoinPoker is an excellent choice for penny slots players. With hundreds of slots in the lobby, CoinPoker offers plenty of variety, with top games from developers like Pragmatic Play, Microgaming, and NetEnt all on offer, including our featured penny slots. Join CoinPoker and enjoy a safe gambling atmosphere, instant withdrawals, and a premium service all around.
How to Play Online Penny Slots?
You now know what penny slots are and where to play them. But how exactly can you get into action? The process is quite simple but still worth taking a look at. If you are ready to start playing online penny slots, follow these steps to sign up with your first online casino operator and start playing today.
Step 1: Pick Your Penny Slots Operator
With so many online casinos to choose from, picking just one can be hard. Check out our list of top penny slot operators and pick the one to your liking. Once you have made up your mind, head over to their website to initiate the registration process.
Step 2: Sign Up
You can’t play online penny slots without a casino account. Fortunately, it takes just a minute to set one up. Click the register or sign up button to initiate the registration process. Fill out the registration form, confirm your email address, and you will be good to go. Our featured casinos will ask for minimal information and do their best to put you in action as fast as possible.
Step 3: Get Your Welcome Bonus
Now that you are signed up, it’s time to go for some value. The top penny slot operators offer valuable welcome bonuses for their players. You can claim thousands of dollars in extra value when you make your first deposit. Initiate the deposit using your favorite payment method and claim the welcome bonus for maximum boost.
Step 4: Browse the Penny Slots
Now that you are all set up, it’s time to check out the penny slots. Head over to the casino section and look up slots. You will find a massive selection of penny slots you can choose from. Pick based on theme, gameplay features, max win, or any other feature that you enjoy in slot games.
Step 5: Spin the Reels
Playing slots is very simple and it doesn’t take too much strategy. Once you have found the slot you want to play, choose the minimum bet and start spinning the reels. Remember you can always increase the size of your bet later if you choose so, but playing for pennies is the best way to see what the game is all about at an affordable price.
How to Win Real Money with Penny Slots: Tips & Strategies
Slots are mostly games of chance, and the importance of luck in these games cannot be ignored. However, there are some things you can do to boost your winning chances and ensure you enjoy your time playing them.
Here are a few useful tips and strategies for online penny slots that will make your slot sessions a lot more fun:
- Mind Your Bankroll: Being careful with your bankroll when playing slots is the most important strategy to adhere to. Remember, penny slots do let you bet more than pennies per payline, so make sure to only bet what you can afford at all times.
- Choose Highest RTP Games: Not all penny slots online are created equal. Modern slot games can have an RTP as high as 99%, so it is important to choose games with a high theoretical return to give yourself the best winning chance.
- Look for Bonus Rounds: Bonus rounds and free spins hide the biggest wins in penny slots. Look for games with strong bonus rounds and learn how to activate them.
- Shop Around: Being too stuck on a single slot is a mistake. Look around and explore different slot options. If one penny slot isn’t paying you today, try a different one and have some fun with it.
- Maximize Bonus Value: Always look for bonuses and promotions when playing slots. There is a ton of value in these and you can extend your playing time and boost your winning odds by quite a bit.
Tips to Maximize Your Penny Slot Wins
There is no guaranteed way to win at slots or a strategy that can beat the odds. However, here are a few tips you can follow that will maximize your wins and minimize losses the next time you play online penny slots for real money:
- Explore the paytable
- Know the game’s features
- Set a gambling budget
- Quit while you’re ahead
- Beware of slot volatility
- Claim loyalty rewards
- Play in slot tournaments
- Play hot progressive jackpots
Common Mistakes to Avoid with Nickel Slots
Nickel and dime slots may be the most fun games to play in a casino, but they can also be dangerous. Players without proper experience and guidance tend to make big mistakes when playing these popular games.
Here are a few common mistakes that people make at nickel slots you will want to avoid:
- Don’t Expect to Win: Playing slots for profit is not a good strategy. Don’t go into playing slots with the expectation of a win. Play for fun and enjoy and wins that do come your way.
- Don’t Chase Your Losses: There is nothing worse you can do than chasing your losses. Set a budget to play with for the day and stick to it. If the money is gone, move on to something else.
- Don’t Play Too Long: Penny slots can be fun for a while but should not be played for hours on end. If you find yourself playing too long, quit regardless of the results, as playing too long ruins the fun of it.
Responsible Gambling
Slot games are incredibly fun to play, but it is important to always be aware of the risks associated with playing them. At Cointelegraph, we always advise caution and promote responsible gambling practices. This means playing within your means and keeping the bet size reasonable in relation to your bankroll.
Problem gambling is very real and nothing to be ashamed of. If you find it difficult to control your gambling habits and urges, we recommend taking advantage of the responsible gambling tools at your disposal, namely self-exclusion. Take a break from the games, and you will be able to put things back into perspective in no time.
Finally, if you need some help keeping your play in check, we recommend calling one of the useful responsible gambling helplines and seeking assistance from trained professionals. They can guide you towards solutions and help you overcome your problem and make gambling fun again.
Best Online Casino for Penny Slots
Online penny slots are available at nearly every online casino out there. However, not every casino offers the same variety, bonuses, and other perks as the other. After careful review, we have come to the conclusion that Instant Casino currently offers the best overall experience for penny slot lovers.
Join Instant Casino today to play over 2,000 premium slot games at low-stakes, claim your welcome bonus offer, and take advantage of the various promotional offers the operator regularly has for its players.