Best Penny Slot Machines Horseshoe

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Slots with the lowest minimums are often called penny slots. Slots that you can play for $.01 do exist online, but they’re getting harder to find. So for those of you looking to get the most bang for your bankroll on the video slot machines, we’d like to offer our list of the top ten best slots.

Table Of Contents

Penny slots are at the foundation of modern gambling. Penny slot machines have been the most popular ones in the United States for decades.

People would pay their buy-ins with nickels and hope for the best.

When Bally came out with their now famous 'Money Honey' slot, players enjoyed the fact that they were allowed to play for up to five nickels at a time.

Don't be fooled by the fact that the word 'penny' is used to describe these games. Penny slots are not as cheap as they sound.

The first things that pop into your mind when you hear the words 'penny slots' might be low payouts and low costs.

In fact, casino penny slot machines were also viewed as slots that cost nothing but a penny to play, which can't be further away from the truth.

New Penny Slots: 2020 Addition

We've decided to expand the list and present you with a few extra penny slots that have become increasingly popular in 2020.

Take a pick and try out a new penny slot:

Double Tigers

Double Tigers is a well-designed penny slot with 3-reel, 8-payline and d 96.43% RTP.

You also get to adjust the volatility levels thanks to their unique Volatility Levels™ feature.

Necromancer

Evoplay Entertainment has really taken that extra step towards improving the slots experience when they came up with this VR-inspired 95.9% RTP game.

Throw on your VR set, grab your mobile and transport yourself to a place where scary things are happening.

The three-dimensional penny slot world offers you 80 betways and a type of gameplay that you don't see often in gambling.

Disco Bar 7s

With coin value ranging from $0.01 to $50, the max bet you can place on Disco Bar 7s is $500.

It's a classic video slot, so there isn't much going on in terms of bonus rounds, but fill up the spots with Disco Ball wild symbols and score a 10,000-coin win.

This 3-reel, 10-payline slot features an RTP of 95.96%.

Care to see our all-time top 10? Scroll down and enjoy the list and reviews of the best 10 penny slots in 2020!

Best Penny Slot Machines Horseshoe Poker

Top 10 Penny Slots

Penny Slots are more than sitting down in front of a machine and popping nickel after nickel into it, after which you pull the 'arm'.

In fact, today's online penny Slots are an extrapolation of the old ones.

Penny SlotThemePlay Online
Book of DeadEgyptGo to Game >
Golden ColtsWild WestGo to Game >
Blaze of RaEgyptGo to Game >
Pirates CharmAdventureGo to Game >
Vikings Go to HellMythologyGo to Game >
Divine FortuneMythologyGo to Game >
Wild Wheel Big MoneyRichesGo to Game >
Valley of the GodsEgyptGo to Game >
Gold KingRichesGo to Game >
Temple of TUTEgyptGo to Game >

These penny Slots are multi-line games allowing for more than one coin bet per line.

With themes like popular movies, shows and games, but also bonus features and special symbols, these penny slot machines represent the best there is in the gambling industry today.

But enough with the chit-chat! You're here to learn about the best penny Slots you can play right now.

Below you can find a list of 10 greatest penny Slot machine games to play online.

The sites that offer these games offer both free penny Slot machines and free penny Slots with bonus rounds, you'll surely find the favourite suits you best.

All you have to do is pick your favorite, as millions of players around the world vouch for the quality of these very best 10 games.

Book of Dead

We've already mentioned this penny slot, but we'll do it again, this time in more detail.

This penny video Slot is extremely similar to the famous 'Book of Ra', yet still has some new features that will ensure good gameplay, emerging the player into the mysterious Egyptian-theme world the game depicts.

There are 5 reels and 10 paylines in the Book of Dead online Slots game.

The symbol to look for is the Book of Dead, which acts like the Wild and the Scatter of the Slot.

Golden Colts

If you get over the fact that this game is one of the creepiest out there, then you can start thinking about the Mega Symbols, Wild Reels, Stacked Symbols, Wilds, Scatters, Free Spins, and other features Golden Colts has to offer.

Blaze of Ra

Here's another Ancient Egypt virtual world for the fans of gods and amulets to explore .

The 5 reels are covered by 40 potential paylines, which is great considering the screen is cut into 4 rows and 5 columns.

The graphics of this game are very high-quality.

You have your desertic background with pyramids at the back of the reels, while the mighty god Ra stands on the left of the screen, watching your every move.

Land on a Scarab, the Scatter of the game for bonus rounds with free spins.

Pirate's Charm

This Quickspin penny Slot has a Mystery Charm Respin feature which lets you re-trigger bonuses repeatedly in the game.

The thing that makes this game stand out is the possibility to play on up to 243 paylines, which is why many players consider Pirate's Charm to be one of the best Slots ever produced by Quickspin.

As a penny Slot, you can start betting from as low as $0.2 on one spin.

The game feels like the movie Pirates of the Caribbean, offering great visuals and a theme song fitted for a pirate's life feel to it, with stunning visuals and a very nice pirate soundtrack.

Then, if you need more Slots of this kind, have a look at our curated list of the best pirate Slots.

Vikings Go to Hell

We are all familiar with the stories about the courageous Nordic Vikings, the rulers of the Scandinavian seas and the lands surrounding them.

Vikings Go to Hell is a 5-reel, 4-row, and 25-payline Slot featuring the last recorded years of these amazing people.

Of course, the story is fantasized, so the Vikings have to take on the demons of the underworld in order to make it out alive.

Look for the Sticky Wilds which will enable multipliers and free spins once they appear on your reel. The minimum bet? Just $0.1 for one spin.

Divine Fortune

Here's another penny video Slot to consider if you're into Ancient Greek-themed Slots.

This visually gorgeous game will emerge you into the world of the gods with its 5-reels, 3-rows configuration and 20 pay lines.

Having an RTP of 96.69%, Divine Fortune can be more like a 'Divine Comedy' when you land on some Wilds, for example.

There are also three progressive jackpots scattered throughout the game.

Wild Wheel Big Money

Wild Wheel might be just a penny Slot, but don't be fooled by that, as it has one of the most impressive arrays of bonuses in the industry.

Piggy Banks, Wads, Gold Coins, and Dollars, but also Gold Bars and Cash Suitcases, these are the symbols of this Slot.

When you land on 3 Wilds, you get to play the Wheel of Fortune Bonus Game. This is the feature you should hope to become familiar with since it is the best one in the game.

Valley of the Gods

Are you ready to take another trip to Ancient Egypt?

With nice, yet simple graphics, good sound effects and bonuses, Valley of the Gods is one of those Egyptian Slots with a simple gameplay but a great return for their players.

This game by Yggdrasil has the Anubis and the Horus statues as its most rewarding symbols.

The Return to Player rate is 96,2%.

Gold King

With the Gold King Slot, you won't get to earn all the gold on the planet, but at least can spend some time playing a game with good graphics, sounds, and gameplay.

The simple 5 reels, 3 rows, and 20 paylines make this game a favorite with both the novices and the experienced players alike.

Released only a few months ago, this new Slot game is already a hit and the symbols to look for are the Gold Bars and the Gold Kings, for free spins and other bonuses.

Temple of TUT

Remember the famous story of the discovery of King Tutankhamen’s tomb?

How about you yourself take on the trails of Howard Carter and George Herbert and try to figure out the mystery surrounding this Egyptian figure?

In Temple of TUT, there are more Super Reels than there are tombs in the Valley of the Kings in Egypt!

Land on 5 Free Spins Symbols and you will activate whopping 30 Free Spins.

The Stacked Wilds can be randomly discovered after any normal spin, but the symbols to look for are the Light beam and the Golden Scarabs.

Good luck not catching a cold, or a deadly Ancient Curse...

Penny Slots FAQ

Are dollar slots better than penny slots?Best penny slot machines horseshoe casino

It all depends on what you're looking for. Penny slots are amazing for players who like to spend time getting to know the slot machine and spinning reels without the pressure of making bug bets.

What is the trick to winning on penny slots?

Penny slots are great because you can bet as little as $0.01 while you're still learning the ropes, but if you're looking to land some wins, you will probably need to increase your bets. There is no single trick that will help you win on penny slots every time, but slot strategy tips will come in handy.

What penny slot machines have the best odds?

Generally, if you want a penny slot machine with the best odds, you should aim at those with RTP over 97%. Progressive jackpots, bonus rounds and free spins features should also be taken into account when you're deciding how much you could win on a particular slot.

What is the best penny slot game to play?

It's hard to say what penny slot game is the best to play because it varies from person to person. We've put together many great penny slots, so skim through the article and see what strikes your fancy - this list of top penny slots will have your new favourite on it.

The promotion presented on this page was available at the time of writing. With some Casino promotions changing on daily basis, we suggest you to check on the site if it still available. Also, please do not forget to read the terms and conditions in full before you accept a bonus.

Introduction to Indiana Slot Machine Casino Gambling in 2019

Indiana slot machine casino gambling consists of eleven commercial casinos, two pari-mutuel wagering racetracks, and one tribal casino.

Indiana does not offer payout limits but does provide annual and monthly return statistics for its non-tribal casinos.

This post continues my weekly State-By-State Slot Machine Casino Gambling Series, an online resource dedicated to guiding slot machine casino gambler to success. Now in its third year, each weekly post reviews slots gambling in a single U.S. state, territory, or federal district.

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Relevant Legal Statutes on Gambling in Indiana*

The minimum legal gambling age in Indiana does not depend upon the gambling activity:

  • Land-Based Casinos: 21
  • Poker Rooms: 21
  • Bingo: 21
  • Lottery: 18
  • Pari-Mutuel Wagering: 18

Indiana’s 1851 constitution banned lotteries, historically interpreted by courts to mean all gambling. In 1988, Indiana approved a constitutional amendment removing this ban. Within months, cities with economic difficulties had casino proposals.

In 2007, Indiana allowed horse tracks to have as many as 2,000 electronic gaming machines. Further, the state legislature approved land-based casinos in 2015. Also, in 2015, the state legislature approved a measure allowing riverboat casinos to move into a land-based casino facility if located on their current property.

The state of Indiana has a federally-recognized American Indian tribe. In 2015, the Pokagon Band of Potawatomi Indians successfully negotiated a tribal-state compact subsequently approved by the U.S. Department of Interior.

By the compact’s terms, the tribal casino could only have Class II bingo-style gaming machines. In early 2018, the tribe opened its first tribal casino.

*The purpose of this section is to inform the public of state gambling laws and how the laws might apply to various forms of gaming. It is not legal advice.

Slot Machine Private Ownership in Indiana

It is legal to own a slot machine privately in Indiana if it is 40 years old or older.

Gaming Control Board in Indiana

The Indiana Gaming Commission (IGC) regulates gaming in Indiana. The IGC offers comprehensive annual reports on all aspects of legal gaming in Indiana. Indiana’s two other gaming commissions regulate the Hoosier Lottery and Indiana Horse Racing.

The Indiana Gaming Commission has a law enforcement arm called the Gaming Control Division. Its primary role is to investigate illegal gambling. Enforcement of illegal gambling at bars and taverns is by the Indiana Alcohol & Tobacco Commission.

Casinos in Indiana

There are eleven commercial casinos, two pari-mutuel racetracks with slot machines, and one American Indian tribal casino in Indiana.

The largest casino in Indiana is Horseshoe Casino Hammond with 2,123 gaming machines, 116 table games, and a 34-table poker room.

The second-largest casino is Indiana Grand Racing Casino with 2,020 gaming machines.

Commercial Casinos in Indiana

Indiana’s thirteen commercial casinos include its original ten riverboat casinos, an additional land-based casino, and two pari-mutuel wagering racetracks with slot machines. These non-tribal casinos are:

  1. Ameristar East Chicago located 11 miles northwest of Gary.
  2. Belterra Casino Resort in Florence located 116 miles southeast of Indianapolis on the Kentucky border.
  3. Blue Chip Casino Hotel Spa in Michigan City located 26 miles northeast of Gary.
  4. French Lick Resort located 100 miles south of Indianapolis.
  5. Hollywood Casino Lawrenceburg located 98 miles southeast of Indianapolis on the Ohio border.
  6. Harrah’s Hoosier Park Racing & Casino in Anderson located 43 miles northeast of Indianapolis.
  7. Horseshoe Hammond located 20 miles northwest of Gary.
  8. Caesars Southern Indiana in Elizabeth located 123 miles south of Indianapolis across the river from Louisville, Kentucky.
  9. Indiana Grand Racing Casino in Shelbyville located 27 miles southeast of Indianapolis.
  10. Majestic Star Casinos I & II in Gary.
  11. Rising Star Casino Resort located 105 miles southeast of Indianapolis on the Kentucky border.
  12. Tropicana Evansville located 169 miles southwest of Indianapolis.

Tribal Casinos in Indiana

Indiana’s tribal casino is the Four Winds Casino South Bend located 150 miles north of Indianapolis directly east of Chicago on the border to Michigan. It offers 1,800 Class II competition-style gaming machines alongside live poker tables.

Poker has been interpreted in Indiana as a skill-based game and, therefore, just another Class II game. It is considered a competition-style game as players bet against each other and aren’t betting “against the house” or casino.

Other Gambling Establishments

As an alternative to enjoying Indiana slot machine casino gambling, consider exploring casino options in a nearby state. Bordering Indiana is:

  • North: Michigan Slots
  • East: Ohio Slots
  • South: Kentucky Slots
  • West: Illinois Slots

Each of the links above will take you to my blog for that neighboring U.S. state to Indiana.

Our Indiana Slots Facebook Group

Are you interested in sharing and learning with other slots enthusiasts in Indiana? If so, join our new Indiana slots community on Facebook. All you’ll need is a Facebook profile to join this closed Facebook Group freely.

There, you’ll be able to privately share your slots experiences as well as chat with players about slots gambling in Indiana. Join us!

Payout Returns in Indiana

Indiana has not set minimum or maximum theoretical payout return limits. Monthly and annual return statistics are available, although none are available from the tribal casino. The annual reports detail return statistics by slot machine denomination.

The IGC’s 2019 annual report has Electronic Gaming Device (EGD) COIN-IN on page 41. The next page has EGD Win. Divide WIN by COIN-IN, then subtract the result from 100% to calculate a player’s win percentage.

For your convenience, I have calculated the mid-2018 through mid-2019 player win percentages for each casino below. In addition to an annual report, the Indiana Gaming Commission also offers monthly revenue reports by the 11th of the following month.

Again, use COIN IN and WIN to calculate the player’s win percentage. Unlike the annual reports, these monthly reports do not contain return statistics by slot machine denomination.

Best penny slot machines horseshoe win

These Annual and Monthly Player Win% are:

  • Ameristar East Chicago: 89.91% (annual) and 90.05% (Nov. 2019)
  • Belterra Casino Resort: 90.78% (annual) and 90.82% (Nov. 2019)
  • Blue Chip Casino: 91.40% (annual) and 91.23% (Nov. 2019)
  • French Lick Resort: 91.56% (annual) and 91.05% (Nov. 2019)
  • Hollywood Lawrenceburg: 89.96% (annual) and 90.23% (Nov. 2019)
  • Harrah’s Hoosier Park: 91.08% (annual) and 90.63% (Nov. 2019)
  • Horseshoe Hammond: 90.07% (annual) and 90.04% (Nov. 2019)
  • Caesars Southern Indiana: 89.99% (annual) and 90.67% (Nov. 2019)
  • Indiana Grand Racing: 90.90% (annual) and 90.34% (Nov. 2019)
  • Majestic Star Casino I: 90.26% (annual) and 90.21% (Nov. 2019)
  • Majestic Star Casino II: 89.84% (annual) and 89.90% (Nov. 2019)
  • Rising Star Casino Resort: 91.38% (annual) and 92.07% (Nov. 2019)
  • Tropicana Evansville: 89.60% (annual) and 89.93% (Nov. 2019)

Further, the mid-2018 through mid-2019 statewide annual player’s win percentage is 90.52%. The monthly statewide player’s win% was slightly less at 90.45%.

The casino with the highest annual return was French Lick. The highest monthly return went to Rising Star. It’s worth mentioning that French Lick had the second-highest annual return and Rising Star the third-highest in the previous year.

The casino with the lowest annual return was, once again, this year, Tropicana Evansville. Its monthly return was the second-lowest while Majestic Star II had the lowest.

Summary of Indiana Slot Machine Casino Gambling in 2019

Indiana slot machine casino gambling consists of 10 riverboat casinos, one land-based casino, two pari-mutual racetracks with slot machines, and a tribal casino with Class II bingo-style gaming machines.

Indiana’s casinos don’t operate under theoretical payout limits. However, non-tribal casinos have annual return statistics by casino and slot machine denomination. Monthly return statistics are by the casino only.

Annual Progress in Indiana Slot Machine Casino Gambling

In the last year, Horseshoe Casino Hotel Southern Indiana became Caesars Southern Indiana. Hoosier Park has become Harrah’s Hoosier Park Racing & Casino.

Related Articles from Professor Slots

Other State-By-State Articles from Professor Slots

  • Previous: Illinois Slot Machine Casino Gambling
  • Next: Iowa Slot Machine Casino Gambling

Have fun, be safe, and make good choices!
By Jon H. Friedl, Jr. Ph.D., President
Jon Friedl, LLC