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It was true when three-reel games ruled slot floors, and it’s true now when the large majority of games are video slots: Dollar slots yield a higher payback percentage than quarter slots, which may more than nickel slots, which pay more than penny games.That doesn’t mean everyone should rush out and play dollar slots. Penny Slots Online - Free and Real Money The phrase “penny slots” refers to slot machines that accept wagers in denominations as low as $0.01. These days, most penny slots offer multiple line wagers and other bet multiplier options allowing for bets of much more than a penny per spin, but because players ostensibly can play the game at $0.01 per round, it is considered a penny slot.
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