
Jenny Mason: 17+ years in online gambling, top UK brands. Expert in sports betting, slots, and bingo.
Introduction
Online penny slots are a type of casino game where you can bet as little as 1p per payline, per spin. Penny slot machines have been around since day one of land casinos, and they have mass appeal as they’re affordable. Penny slots are the games that many people start off with and it’s easy to see why.
Penny slots allow you to stretch your budget while still enjoying the excitement of spinning the reels. If you've ever thought to yourself, ‘I’d like to find a low-stakes slot game to play,’ then this OLBG guide is for you!
I’m going to tell you all about penny slots and other low-staking games, and I’ll also include a top 10 list of slots that the team here at OLBG enjoy playing. So, without further ado, let’s get started.
Top 10 Low-Stake Slot Games
Right, let’s get stuck into the top 10 low-stake game list that the team here at OLBG recommend:
# | Slot Name | Studio | Minimum Bet | RTP % | Volatility | Max Win x | Release Date |
---|---|---|---|---|---|---|---|
1 | Book of Dead | Play 'n GO | 10p | 96.21% | High | 5000 | 14/1/2016 |
2 | Starburst | NetEnt | 10p | 96.09% | Low | 500 | 20/06/2012 |
3 | Rainbow Riches | Light & Wonder | 20p | 95% | Medium | 500 | 29/05/2009 |
4 | Age of the Gods | Playtech | 20p | 95.02% | Medium-High | 50000 | 11/07/2016 |
5 | Sweet Bonanza | Pragmatic Play | 20p | 96.49% | Medium-High | 21175 | 25/6/2019 |
6 | Big Bass Bonanza | Pragmatic Play | 10p | 96.71% | Medium-High | 2100 | 03/12/2020 |
7 | Bonanza Megaways | Big Time Gaming | 20p | 96.00% | Medium-High | 26000 | 7/12/2016 |
8 | Tombstone RIP | Nolimit City | 10p | 96.08% | Insane | 300000 | 11/01/2022 |
9 | Jammin' Jars | Push Gaming | 20p | 96.83% | High | 19998.5 | 18/09/2018 |
10 | Money Train 4 | Relax Gaming | 10p | 96.10% | Very High | 150000 | 20/09/2023 |
Book of Dead

First up, we’ve got Book of Dead, easily the top pick in the popular ‘Book of’ slot game series, which is adored by slot fans around the world. This Play’n GO release from 2016 has a classic Egyptian theme. The game gives you 10 paylines at 1p per payline making it 10p per spin. RTP is 96.21%, the volatility rating is high and the max win is 5,000 x the bet.
Starburst

This truly iconic game by NetEnt burst onto our screens way back in 2012. Starburst is one of the all-time slot classics. With a space-theme and again, 10 paylines at 1p per payline making the minimum bet for this game 10p per spin. With low volatility and RTP of 96.09% , this game offers a maximum win of 500x the bet. Simple, but super fun!
Rainbow Riches

Does Rainbow Riches even need an intro? It’s one of the most iconic slot games ever! Barcrest launched this Irish-themed gem back in 2009 and has led to a grand total of 20 Rainbow Riches games (and counting)! The original has a 95% RTP, 20 paylines, and a minimum bet of just 20p.
With medium volatility and a max win of 500x your bet, it’s a great mix of fun and potential rewards. If you’re curious about all the Rainbow Riches slot games, check out this OLBG guide where we break down every single one!
- Extremely Speedy Withdrawals
- Microgaming, NetEnt, BTG and other huge slot providers
- Fantastic Progressive Slot Selection
Age of the Gods

This epic Greek-mythology slot by Playtech boasts a 50,000 max win with a 95.02% RTP and a low to medium to volatility. But the excitement doesn't end there! Age of the Gods is the one of the best jackpot slot games of all time. There are 4 progressive jackpots and The Ultimate Power Jackpot averages an insane £499,000 payout.
Stakes start at 20p with 20 paylines. A penny slot with a huge jackpot combo is certainly the sweet spot! If jackpot slot games are your thing you can read our guide to the biggest jackpot slot games.
- 10% Cashback always
- Filter games by provider or theme
- Exclusive All British games
Sweet Bonanza

Another all-time cult classic, Sweet Bonanza throws you right into a sugary world of sweets and cakes. This 2019 release by Pragmatic Play boats a 96.49% RTP and 21,175x the bet max win. This low stake slot has a minimum bet of 20p and a medium to high volatility.
You can read more about the best Pragmatic Play slots to find out about this studios games.
Big Bass Bonanza

Who knew that fishing-themed games would prove so popular? But Big Bass Bonanza has totally reeled in players worldwide. This iconic Big Bass Bonanza slots series is one of the most popular of all time. Boasting one of the highest RTPs on this list at 96.71%, it’s no surprise that this game is a favourite.
You can start playing for just 1p per payline, with 10 paylines making it a super affordable 10p per spin. Plus, you’ll often see this game in no-wager free spins offers, which is a sweet bonus. You can read more about the Best Free Spins No Wagering Offers.
Bonanza Megaways

Hands up if you're a Megaways fan! If so, the original Megaways game Bonanza Megaways is another classic that set the path for all of the hundreds of Megaways games that followed. And the original is a favourite for many players.
What makes Megaways games special? It’s the super cool reel mechanic created by Big Time Gaming that changes things up every spin, sometimes giving you thousands (or even millions!) of ways to win.
Bonanza Megaways is a low-stake slot, as bets start at 20p. You can read more about the best Megaways slots.
Tombstone RIP

Take down the outlaws in this Wild West theme slot by Nolimit City which has been rated as having an ‘insane’ volatility. To match Tombstone RIP’s exceptional volatility, the max win is a colossal 300,000 x the bet, making it the highest-paying slot on this list. This low-staking slot has a minimum bet of 10p so enjoy.
Jammin' Jars

This popular game is by Push Gaming, boasts the highest RTP on the list at 96.83%. With a colourful fruit theme, Jammin’ Jars is one of the best Cluster Pays games around. Do you enjoy Cluster Pays games? If so, you can read more about them in this OLBG guide to Cluster Pays games.
Money Train 4

It's the last game on this list and the last run for these bandits in this fourth and final instalment of this futuristic slot series by Relax Gaming. Bets start at 10p for this low-stake slot, with an impressive max win of 150,000 x the bet for Money Train 4.
It’s also the one and only Scatter Pays slot on our list. If you’re into this style of game, definitely check out the OLBG guide to the best Scatter Pays slots—you’ll find some great recommendations there.
- 10% Cashback always
- Filter games by provider or theme
- Exclusive All British games
What are Low-Stake Slot Machines?
Low-stake slots can be found online or in land casinos. These games allow you to stake smaller stakes per spin. Often, the minimum bet is as little as 1p to 10p per payline. While low-stake slots reduce the risk, the potential winnings are generally smaller. However, some games still offer decent payouts, which will be covered in our list of 'Top 10 Low-Stake Slot Games' section below.
At the opposite end of the scale are high-stake slot games. The minimum bet for high-stake slots is usually much larger. Amounts can range from £1 to £100 or even more per spin. Higher stakes mean payouts are also larger though. However, they carry a higher risk due to the larger amounts being wagered.
Why Play Penny Slots?
There’s a whole bunch of advantages to playing low-stake slots, here’s a list for you:
- Cost: These games are much more affordable, with stakes starting from as little as 1p. This is helpful for people with limited budgets.
- Newbies: If you’re new to the world of slots, low-stake games are a better way of getting used to playing with less risk.
- Risk: Smaller bets reduce the risk of losing, making it a safer option for beginners or conservative players.
- Land & Online: Low-stake slot games are widely available both online and in land-based casinos, giving you lots of choice either way.
- Longer Playtime: Due to bets being low, you can enjoy extended playtime with minimal risk.
- Fun: Low-stake slots offer the same fun and excitement as high-stake slots. Many low-stake games include bonus features and engaging gameplay to enjoy.
- Bonus Offers: You can still qualify for bonuses such as free spins or deposit match offers, even when playing low-stake slots.
Tips for Maximizing Your Low-Stake Play
Here are some useful tips to help you get the most out of your low-stake slot games:
- Play High RTP Slots: RTP or Return to Player is the percentage of wagered money that a slot game pays back to players over the long term, so it’s an important factor to look out for when deciding which game to play. Slots with a higher RTP - 96% or over for online slots - is best. The higher the RTP, the better the slot’s potential to return money.
- Research the Game: Take time to research the slot you plan to play, including its RTP, volatility, and bonus features. Some sites offer a free demo mode, allowing you to try the game without using real money. You can play free slot demos for all of the slot game reviews at OLBG. This helps you get familiar with the game mechanics before risking your bankroll.
- Make use of Promotions: Use any promotions offered to you such as free spins, deposit matches, or no-deposit bonuses to extend your play without increasing your own risk. These bonuses give you more chances to play, sometimes without using your own money, which is key for low-stake players.
- Play Games with Bonus Features: Look for low-stake games that have engaging bonus features like free spins, wild symbols, multipliers, or progressive jackpots. These features can increase your chances of winning without needing to increase your bet size.
- Set a Budget: This is an important point - establish a clear budget for your slot play and stick to it.
- Stay Disciplined: One of the key tips for low-stake players is discipline. Avoid the temptation to increase your bet size during a losing streak in hopes of winning back money.
Slot Providers Who Create low-stake Slot Games:
Certain game developers specialize in offering slots with a lower range of betting options. Some of the best developers to look for include:
NetEnt: Known for high-quality, low-stake games like Starburst.
Microgaming: Offers a variety of low-stake slots, including Immortal Romance and Thunderstruck II.
Play’n GO: Games like Book of Dead offer low-stake betting options.
IGT: Popular titles like Cleopatra and Da Vinci Diamonds allow low minimum bets.
Conclusion
Haven't we all got a pile of 1p and 2p coins lying in a drawer somewhere? It’s great when you remember to use them and free up some room (for probably more random rubbish to replace them). Anyway, I digress; it's great to know that lower stake and penny games are available when you only want to use up some small change online.
These slots are an excellent choice for casual players, beginners, and those of you who want to enjoy low-risk gaming. They offer entertainment, learning opportunities, and financial control, so let’s hear it for these excellent types of slot games!