This means that if you’re playing a common penny slot with 20 paylines, the minimum bet that you can make is 20 cents. There are some that do, but the vast majority don’t. In addition to this, it’s quite rare to find penny slots that allow you to choose the number of paylines that you would like to play with. A part from a very few exceptions, there’s at least 10 of them, though more often 20, 25 or 50. However, these days you don’t come by slot machines that only have one of these paylines. Modern penny slots also allow you to bet one cent per payline, which is why they are called penny slots. So when you sat down at a land based casino to take a spin at a penny slot, you were able to bet one cent on the one and only payline that it had. While this might have been true two or three decades ago, it is rarely the case today.īack in the 90’s many slot machines only had a single payline. What Are Penny Slots and How Do You Play Them?Ĭonsidering the name, you would probably think that a penny slot is a slot machine that only costs one penny to play.