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Now that gambler is putting 45 cents into action on every spin, which amounts to a total amount wagered per hour of $270. With a 75% payout rate, that player can expect to lose $67.50 per hour. So the penny slots player is losing more on average per hour than the dollar slots player, even though she’s playing for lower stakes.

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How to Play Penny Slots. As previously mentioned, although penny slots can be played for as little as 1 cent, in reality, the vast majority of spins will cost more.

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