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Penny Slots – Free Play & Real Money Penny Slot Machines Online. When you first hear the words “penny slots”, you immediately think of classic slots and penny slot machines in land-based casinos.. Online penny slots got their name because players could bet as low as one penny per spin. This way you could play for a long time without investing a big chunk of money in the slot.
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Penny slot machines are one way that casinos use psychology to get an edge over players. By calling a certain set of slots games “penny slots”, they make these games seem more affordable than they really are, which attracts gamblers who might have avoided nickel slots or quarter slots.
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