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On the older penny slot machines you can select how many lines you play per spin, with as few as just one payline (or one penny per spin). Most all of the newer slot machines have a minimum bet of one penny per available payline (meaning a minimum bet of 30 cents on a machine with 30 paylines).
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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
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