Always a crowd favorite, penny slots can provide hours of amazing fun and entertainment, especially if you’re getting a bit low on the funds side and $10 bets at the blackjack table or a $1 pull on a slot machine might be a bit too much for you to handle. One of my personal favorites is the “Munsters”, especially when Fred says “I’m Rich I’m Rich”.
According to some online reports, the popularity of penny slots has grown immensely, as low limit players look for more and more entertainment. The number of low limit (tight budget) players is definitely growing and they are almost always looking for cheap entertainment, wanting to have some good fun while gambling away $20. The added value too with penny slots is that even though it may require only a penny to play, in most cases gamblers can play up to $100 a spin, betting dozens of credits on multiple lines. Thus, gamblers can easily bet high or low depending on the state of their bankroll.
In Australia, where Aristocrat Technologies (slot machine manufacturers) is based, it’s said that there has been a dramatic shift from 5-cent slot machines to penny machines over the past five years. Did you know also that in Australia, it’s estimated that about 80 percent of the slot machines in the country are penny slots.