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Casino floors used to be filled with nickel and quarter slot machines. And casinos made healthy slots profits with these coin denominations for decades.

But nowadays, penny slot machines are the dominant game. These slot machines are enticing because they only require players to bet one cent on each payline.

Some might think of these games as mindless entertainment due to how you’re merely spinning the reels over and over. But I’ve actually learned some important lessons from playing penny slots.

Here are the 5 biggest lessons I learned from penny slot machines, including things I’ve applied to both gambling and real-life situations.

1. Always Understand What You’re Getting Into – Especially With Penny Slots

The name alone is what draws many players to penny slot machines. The term penny slots creates the idea that you can play for as little as one cent per spin.

But this isn’t the case at all, because most penny slots force you to play a fixed number of paylines. If you’re on a 50-line penny slot machine, then you’ll need to wager a minimum of $0.50 per turn.

This isn’t exactly what beginning gamblers have in mind when they sit down to a penny slots game. The same players are often shocked when their money quickly vanishes.

I myself fell for this the first time I played a penny slot machine. I automatically assumed that the game was going to be really cheap, but it drained my funds faster than a nickel or quarter machine.

I’m not saying that casinos are evil for putting these games on their floors. But you need to be aware of what you’re getting into with these games, just like anything else in life.

Here’s a dramatic comparison. You should always read through a contract before signing it, because failing to read a contract before signing could loop you into a bad deal. Likewise, you shouldn’t play a penny slot machine without first reading the help screen.

I realize that there’s more at stake when you sign a bad contract without reading through. But I want to stress that some penny slot machines are like bad contracts of the gambling world.

This explains how many lines you need to play along with minimum bets for specific bonus features and the jackpot.

For example, Aristocrat’s Game of Thrones slot machine requires that you make a 100-credit wager to active the Fire & Blood Bonus.

You can risk less than this on Game of Thrones. But most slots players don’t want to play a game where they don’t qualify for the best bonus features.

Some slot machines require that you play up to 300 credits, or $3 per spin for certain bonuses and/or the progressive jackpot, and $3 is hardly what players expect to wager on a penny slot machine.

Again, read the help screen to find out how much you need to bet to be eligible for every feature. This prevents you from being shocked when having to risk $1-$3 per spin to play.

The good news is that you can find cheaper penny slot machines in land-based casinos. Some of these games only require that you play 20 lines or less to qualify for everything.

2. Prepare Your Bankroll for the Worst

Continuing off the last point, many penny slots can be expensive. And this taught me both a life and gambling lesson in that you should always prepare for the worst.

Sometimes unexpected things happen that can rock you financially.

Nobody expects their heater to go out. But when it does, and the heater needs replaced, you’re staring at a $1,200 bill.

Hopefully no slot machine ever becomes this expensive for you. But on a smaller scale, you should always plan for the worst with slots.

This is especially the case with penny games that require playing 100-300 credits to unlock every feature. You’re risking between $1 and $3 per spin in this case.

Slot machines are already volatile, meaning they produce very unpredictable short-term results. Adding expensive bets on top of this volatility can create a bankroll nightmare.

How do you avoid this nightmare and plan for the worst? The best way is to do some simple bankroll calculations.

Here’s an example for a land-based penny slot machine.

• The average land-based penny slots player loses 350 bets (units) per hour
• You have a $500 bankroll
• You choose a penny slot with 50 lines ($0.50 minimum bet)
• 500 / 0.5 = 1,000 units
• 1,000 / 350 = 2.86
• You can expect your bankroll to last for 2.86 hours on this 50-line game

Keep in mind that this is only an average estimate, and you should have enough money to cover an even-worse scenario. As long as you only bring money to the casino that you’re fine with losing, then this won’t bother you.

3. Don’t Let Colorful Themes and Small Payouts Trick You

We all know that companies use clever marketing campaigns to get us to buy the products.

I accept this fact because businesses are out to increase their profit margins. And marketing is one of the best tools to make this happen.

But on the same note, I don’t want to be a slave to clever marketing and buy a bunch of things I don’t need.

Slot machines are similar in that gaming companies use colorful themes, 3D graphics, music, bonuses, and more to attract your attention. Slots makers know that their products will be placed in more casinos if they draw a large share of players.

I have no problem with people choosing slot machines based on the themes and surrounding entertainment. After all, the point of playing slots is to have fun.

But don’t get so sucked into the theme, graphics, and alluring music that you lose all sense of time and money. Instead, realize that these elements are designed to keep you playing longer than you initially planned for.

Another trick to avoid involves the numerous small payouts that modern slot machines offer.

Multiple studies have shown that a psychological effect kicks in when players receive small rewards after each spin. These frequent payouts convince players that they’re winning, even when they’re losing money overall.

Here’s an example to illustrate this phenomenon.

• You’re playing 100 lines on a penny slot ($1 bet)
• You win a $0.20 payout on one line
• While the win is nice, you’ve technically lost $0.80 overall

Stepping back, anybody can logically see that this is a losing long-term proposition. And $0.20 payouts don’t make up for the loss of $0.80.

But it’s tougher to think in these terms when you’re engrossed in a game while making span after spin. This is another area where you need to be consciously aware of what game manufacturers are doing.

While it’s great to net lots of wins in each session, you also need to keep your overall winnings and bankroll in mind.

4. Playing Lots of Lines Is Entertaining

I’ve already discussed how expensive penny slot machines can be. But one of the greatest benefits is that you can also win lots of payouts thanks to the numerous lines.

Every payline that’s in play gives you a chance to win. And while the odds of winning with each line aren’t great, it’s still fun knowing that you have 50 or more chances to win on each turn.

The same lesson can be applied to life in that people are sometimes willing to pay more for certain forms of entertainment.

One example is how you can race Ferraris and Lamborghinis around the SPEEDVEGAS track for anywhere between $50 and $80 per lap.

Driving go-karts is cheaper and also entertaining. But go-karts don’t give adults the same thrills as driving a Ferrari around a race track.

Playing penny slot machines with lots of lines doesn’t have to comparatively be so expensive either.

Instead, you can choose games with lower volatility that increase your hit frequency, or the odds of winning with each individual payline. Doing so boosts the chances that you’ll net frequent wins and better sustain your bankroll.

A small number of slot machines actually offer a volatility rating in the help screen. For example, you might see between 1 and 5 lightning bolts to indicate how much variance is involved.

Unfortunately, most penny slots don’t have volatility ratings. You have to look for specific factors in this case to determine the game’s volatility.

Here are 3 factors that can help you out.

• Jackpot size
• Number of large payouts
• Number of small payouts

Low-volatility penny slots feature a smaller jackpot, fewer large payouts, and more small prizes than the average game.

A smaller jackpot combined with fewer large prizes means that a slot machine doesn’t need to make up for the top-heavy payout structure. In turn, the game can offer more small payouts on a frequent basis.

Of course, some players are only interested in playing for big jackpots and other prizes. This is perfectly fine if you don’t mind dealing with the chance that your bankroll will quickly disappear.

But if you want to extend your entertainment on a penny slot with 100 or more lines, then look for signs of low volatility.

5. Cheaper Penny Slots Alternatives Exist

Many of the lessons that I’ve learned regarding penny slots came in land-based casinos. But one more lesson I learned comes from the world of online penny slots.

When people can’t afford a specific item or form of entertainment, they seek out companies that can provide them for a cheaper rate.

Not everybody can purchase expensive Gucci or Chanel clothing. But almost everybody can afford clothes at Walmart or on Amazon.com.

And you can look at online penny slots as the Amazon or Walmart of the gambling world.

I’m not saying that the value from online penny slot machines comes entirely from how cheap they are. In fact, a great deal of people play these games just because they’re more convenient than going to the casino.

But it should also be noted that internet penny slots are perfect for anybody who finds land-based slot machines to be too expensive.

Some online penny slots truly embody the name, because the minimum bet is $0.01 (one cent on a single line). This is what many gamblers have in mind when they first hear the words penny slots.

Other games require you to play between 20-50 fixed paylines. While this is expensive for some players, it’s still cheaper than what’s seen in land-based casinos.

On these games, I usually play anywhere from 20-30 lines at a penny apiece.

Also note that many online penny slot machines see you qualify for bonuses and the jackpot no matter how much you wager. This is good for anybody who cringes at being forced to play 100-300 lines for the features.

That said, check out online casinos if you don’t like the prospect of spending $0.50 or more on the average penny slot machine.

Conclusion

The main lesson worth noting about penny slot machines is that they’re not what the name implies. As long as you understand this fact going in, you’ll be perfectly fine with these games.

You should note that penny slots in land-based casinos have fixed payline amounts.

Brick-and-mortar casinos have more expenses to pay than online casinos. Therefore, they need to win back a greater rate from slot machine players.

Remember that casinos are businesses like anything else. And their goal is to earn enough money to make profits. That said, requiring 50+ pay lines and using entertaining themes to keep people playing doesn’t make them corrupt.

On the other hand, you want to know this all right away. By knowing this info, you’ll avoid having to learn the same lessons that I did through penny slot machines.

The free Winstar slot game is present online thanks to its developer, the Blueprint Gaming company. It is created in a futuristic style with sounds and colors that fit in the colorful space theme. To tell the truth, graphics are not cutting-edge but are decent enough for players to enjoy the gameplay and the features that Winstar offers.

Winstar’s Slot Interface

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Just as every up-to-date machine, this one provides its players with the Auto Play option. 10, 20, 30, 40, and 50 rounds are at your choice once you want to set the number of spins that are about to be played automatically. Regardless of your setting, the option can be shut down with just one click. Remember that it plays based on the wager amount that was set before the Auto was triggered.

Bonus Features

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There are no Free Spins or any other bonus featured. However, this gambling machine is worth playing because of the progressive price it provides, plus the special card.

Mystery Icon. An interesting fact is that there is no Wild or Scatter icon in this game. The only special symbol is the Mystery one. This icon spins until it reveals a random card that can be any card present in the game. This random icon, as well as others, pays according to the “Paytable”. Once you set your stake, check this window in order to see how it reflects the prices.

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Betting with Winstar Slot Machine

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Setting the stake is suitable for beginners – all you need to do is configure the total bet. No need to change the coin value or number of lines since they are non-changeable by default. There are 10 line patterns, and you can see them only in the “Paytable” window.

The “Paytable”, however, reveals much more info next to this one; it shows you all the icons, their values, and explains how to win the progressive jackpot (see below). Bet changes from only 0.20 coins, therefore, Winstar game is a penny slot. However, the highest stake is $500, which is higher than the average wager found online.

Progressive Price

Those who are familiar with progressive slots know that the stake must be set on max if you wish to have any possibility of earning it. Otherwise, you just contribute to the big pool price but are still not eligible for winning it. Therefore, machines such as this one are best to spin with max ($500) wager. Winning the jackpot happens as a random event – you must turn all five reels gold.

Facts Increasing your Chances

• If you play the “demo” mode, you’ll be given 1000.00 credit balance, to begin with. In this case, there is no need to wager the highest of 500 or you may finish the gameplay in just 2 tries;
• The RTP is unknown;
• Other than the progressive payment, the regular jackpot is $25.000. This price is paid once a player hits 5 silver star cards on the screen;
• The second most paying symbol is the red star. It pays a little less than the previous one – $20.000;
• You can switch between the turbo and the regular gameplay mode. The reels will spin faster than usual with the turbo one. Nonetheless, it won’t make any difference when it comes to the outcome.

Who Can Play Winstar Free Slot?

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The free version is available to anyone with access to the Slotozilla online casino, or any other site that offers this game. Though download is not required, mobile users can install the “Free Slots” app and play right from their phones.