Gone are the days of walking away with nothing more than a few dollars at a slots game. It used to be the penny slots were the most utilized games on the casino floor. In particular because of the recent recession, people’s gambling budgets were all but obliterated in the financial troubles of the world. Discretionary money was all but gone and that meant all but the avid gamers, cut casino gambling out of their weekly routines. The avid gamers remained solid, but even they had to alter their gaming habits. No longer did them come to the casino with a few hundred to spend; rather, they came into the casino with a few dollars and needed to make it last. So how did they do that? Well- the biggest asset was slots because you can play slots for an extended period of time if you know what games to pick. There are a wide range of great penny-slots out there that offer the best in gaming and never break your bank. Even the strictest bankroll can handle gaming with these games.

Call it a gift, but casinos watched the games that were most lucrative throughout any economic turmoil and found that penny slots were the one mainstay in gambling habits. Though people left the high-roller tables and even the moderate-tables, the penny slots area was hardly ever empty. In fact, most gamblers just shifted over to those tables. For example, if you have $60 as a bankroll, and want to play for three hours, it’s easy to do that with a penny slot casino. That would be next to impossible with a $20 limit blackjack table! Some people want to go to their favorite casinos for the atmosphere and still enjoy a few hours of gaming and penny slots give them the perfect opportunity.

If you want to gamble online, remember that online gaming follows land-based gaming. The trend for smaller slots is replicated online. You can log into any good online casino and find a wide range of games to enjoy that are tied to the “penny slots” category. Check some out and combine them with great bonus deals and you could walk away a big winner despite spending the smallest amount possible.

Nickel slots have grow in popularity since the recession. For a while, gambling lost its popularity with consumers due to the recession. The unemployment yrate soared, jobs were eliminated and overall the economy was depressed. It caused consumers to focus on bills and cut back, and sometimes even cut out, discretionary spending. The one thing that did remain was penny-slots. After the economy started turning around a little, penny slots remained popular but nickel slots entered the market too. They quickly gained steam though they do cost more than penny slots to play.

With multi-line, multi-coin machines the nickel players are taking on a new image. Even though the currency is low nickel machines are anything but cheap to play. As the number of coins needed for maximum bets increased it was only logical that the denomination would have to be lower if the casinos expected to get much play out of them from the average player. Playing a machine with nine pay lines that accepted five coins per line would cost the quarter player $11.25 per spin. A 45 coin bet on nickel machine would cost a player $2.25 per spin. The casinos are finding out that many players are willing to increase their bets on the nickel machines because in their minds they are still playing nickels. What your bankroll that most players have a tendency to play off credits when they are playing a nickel machine more than they do when playing higher denominations. This fact that has not been lost on the casinos or the slot makers. A dollar in quarters will fit in a player’s pocket a lot easier than twenty nickels. It is easier to just play that lasts dollar down to zero than wait in the cashier’s line to convert your nickels into a buck. Check out nickel slots and see how convenient and easy they are. Although they aren’t as cost-effective as penny slots, they still are gaining steam in the market. Test out a few machines and see if you like them. Most likely, with some searching you will be able to find a few that are within your bankroll and find some games you enjoy.

The cost of playing the maximum coins per spin on a penny slots game can move quickly upwards. It’s hard to keep everything moderated with any type of slots game. When you are picking a penny slots game to wager at, remember to pay attention to the number of paylines you activate. That can quickly elevate your overall wager and drive your losses up considerably. Penny slots are great places to start wagering, but you have to be careful. Just like with any other gambling game, things can get out of control quickly if you aren’t careful and if you don’t pay attention to the overall wager everytime you spin the reels.

When you walk up to a slot machine, be sure to read the front and know what you are getting into. Machines can look similar and be staged together in one area of the casino but still be vastly different in payout, wager amount and overall gaming experience. Once you read the front of the game, then decide how mcuh you want to wager on the machine. It’s never a good idea to not set your bankroll– in fact, this should be done prior to walking into the casino. Remember how hard casino operators work to keep you gambling no matter what. You’ll be inundated with specials and extras until you keep on plunking your cash down. Even at the penny slot machines, you still can go overboard if you aren’t careful.

Penny slots come in the same variety that you’ll find with any slots game. Just like you find games themed around a wide range of subjects, you’ll also find the same variety with penny slots. If you like Egypt, you’ll find games focusing on the Pharaohs of old. If you like NASCAR, you’ll find games focusing on high-speed cars. Horses, monopoly and fashion are all games that you will find at any online slots casino and you’ll be able to find penny slots that focus on each one too. Overall penny slots are some of the most fun games you’ll find in land-based casinos or online casinos. Test them out and see for yourself how many hours of fun these games afford.

One of the biggest trends in the market of gaming today is the Penny Slot Machine! Studies have shown that despite an overall decline in gambling at slot machines during the recession, penny slots have not suffered. In fact, many people have switched over to penny slots. Not only do they fit into the budgets of most people, but they also offer some exciting games that are fun and lucrative.

The novelty of the “penny” is also a draw to the games. Think about it—what can you buy for a penny these days? Not much! But you can saunter up to a slot machine and take a chance at winning. That’s great news to people with a tight bankroll or to those who want to play as long as possible. Some people today focus on the length of play, rather than the payout or big wagers. Penny slots games are good games because they won’t stretch anyone’s bankroll and for slots lovers, they are a great advantage.

The slots of today are multi-line machines that can accept many coins per line. Over the last few years slot machine manufacturers have been adding more lines to their games. They have also increased the number of coins that can be played on each line. This innovation was due primarily to the introduction of the “coinless machines” with bill acceptor and ticket out payoffs. This did away with the need to have a hopper filled with actual coins. A few years ago we saw a resurgence of the nickel slots as the number of coins that could be played on the machines increased. The new games could take so many coins per spin that it became cost prohibitive for many players to play maximum coins at the quarter level so the denomination of coins dropped down to a nickel. As the popularity of the nickel games increased the slot makers wanted to make games that would take even more coins per spin. Some of these games again became too expensive for the average player to play maximum coins even at the nickel level. The next logical step was to drop the denomination down again to the penny.

Part two coming next.

According to recent studies, casinos have increased the number of penny slots they have in record numbers throughout the past two years.  There used to be a time when larger-denomination slots were all the rage. If you went into any local land-based casino, you’d see the high-end slot machines packed and customers trying their best to win some big money at them.  Then the recession happened. Many people couldn’t afford the change. Margaret Billingworth of Plainfield, Wisconsin said, “I used to be able to bring $250 and play for hours at my $10-slots. Now that I have a limited income I only can bring $100. If I play on the $10-slots, I’d be done in 20 minutes. If I play on the penny-slots though, I can have lots of fun for the same amount of time I used to.”

It’s no secret that throughout the recession many people have cut back. But a lot of gamblers want to be able to play for extended period of time just like they did prior to the recession.  Penny slots are making that possible. It’s somewhat surprising to the gambling world and the economy that penny slots have taken off so much throughout the economic downturn. In addition, penny slots have grown in popularity exponentially since the troubles first began. For example, in the past two years Nevada had removed 12,000 of their more costly slot machines to make room for 7,000 additional penny slots. The state has been watching what machines do best for some time and the performance of penny slots can’t be argued.

Another state that is working to push penny slots is Missouri. Missouri did a recent study and found out that their penny slots make up 42% of the total betting and about 63% of the casino profits throughout the state. That’s a huge number and reliance on penny slots for more than half of their business’ operations is indicative of how well they are doing.

The great thing about penny slots is that the computerized games take dollar bills and then apportion it out at ¢1 increments. Players can enjoy penny slots that are designed to pay out smaller totals, but pay out more often. One casino executive said, “A consultant told us it was a joke to put all those penny machines in. Then we showed him our revenue.”

Many online gamers are looking for the most lucrative and trendy online games. It may sound strange but as of late there has been a big push for the penny slot games. Normally people laugh when they hear the word “penny slot” because they are imagining a low-payout game that is hardly worth their time. That is not the case these days because penny slots, just like other slots, have undergone serious revamping due to the surge in gambling throughout society.

It’s understandable why people are skeptical though. The penny is the smallest coin denomination we have and there are very few things in the economy that can be purchased with a penny anymore. While at the turn of the century it could get you some candy, which is definitely no longer the case. Pennies have lost their “mental” value these days and when people see penny slots, they may think they are pointless to play. This definitely isn’t true.

The penny slot has proven its worth in land-based casinos time and time again. The reality is that during the recession there was one type of game that never saw a decline in plays—the penny slots.  Most psychologists believe this is tied to the mentality of the word “penny.”  Dr. Rose Anderson, PhD of Stanford University stated, “Penny slots make people think of low risk. Anyone who wants to gamble in the midst of the recession won’t gamble with $10 bills. They have a limit and that would reach it too quickly…will they put a penny into the machine though? The answer is yes! It’s a small enough denomination that they aren’t affected by potential loss.”

Land-based casinos have done their research and know this. For that reason they are putting thousands of dollars into development of penny slots. Sure you can find a penny slot—but now you can find them with sizable payouts. Casinos know how attractive they are to players due to the low risk factor and want to keep bringing customers in. Time will only give them more incentives to elevate the gaming of the penny slot. Expect to see new bonuses, bigger payouts and better elements within the game.

It’s no wonder why so many online and land-based casinos focus their time on penny slot machines.  It’s estimated that last year in Nevada about one-fourth of all slot machine revenue in the state came from penny slots.  Also, Missouri is showing that their casino revenues made up over half of their total slots income. The penny slots are not waning in popularity. In fact in some areas they are taking over as the biggest revenue generating games on the casino floor.

Surveys are showing that most gamblers like penny slots because they can “play longer of the same amount of money.” In addition, slots parlors love their penny slots because statistically they have been more lucrative for the house than other types of slots.  Kansas City player Cora Logan, 72, stated, “It’s all just for recreation. When you come here, don’t expect to win. If you put a lot of money in these you’re crazy.”

Most of the casinos in Kansas City serve the local area market, rather than attract visitors from other areas like Las Vegas or Atlantic City.  That means that these casinos are relying on the lower wagering clientele who come in regularly. It is not revenue made up of huge bulk wagers, but rather revenue that comes in steadily and reliably.

Slot machine expert Frank Legato stated, “Affordability is why people love them [penny slots.] Casinos just love them because the average bets are the same as the quarter or dollar games, but their house edge is bigger on these games. People playing penny machines are not concerned about that. They just want to have fun and play a long time with little money.”

To play the penny slot machines players have to place electronic bets in 1 or 2-penny increments. The wager is from 1 penny up to $20 per spin. Gamblers are known to sit at the penny slot machine and play for hours. It’s a game of fun and lasting excitement. As player Stephanie Wright, 41, of Kansas City stated, “I’m just here to have fun. My boyfriend plays cards and I like to sit and play these while he does that.”