Penny Slot Machines Near Me

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Video Slot Machines & Games in Elk Grove Village, IL. The wonderful city of Elk Grove Village is located just seven miles from Chicago’s O’Hare International Airport. In such close proximity from the popular airport, Elk Grove Village has the ideal city to suburb ratio. Named after the native elk that roamed the northern Illinois forest. However, if you’re looking for a true vintage Las Vegas experience you can head into five casinos in downtown Las Vegas. There are still a handful of casinos who offer vintage coin-operated video poker or slot machines. The vast majority of casino machine games have been modernized with the TITO (Ticket In Ticket Out) system. Newer slots will require you to know a bit about computer circuitry, but the classics just need a screwdriver, wrench and a magic touch. (OK, you probably need more tools than that.) Watch the videos below to understand how the slot machines work and what’s required for common repairs. The 5-line vintage classic penny Slot machine is still one of the most popular Slots games - despite it comes with no bonus rounds to be triggered. The Sizzling Hot relative is one of the most generous Slot machines out there as it features a 1,000x payout when five Lucky Sevens land on a payline.

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Darwin's Old Time Slots (oldtimeslots.com) is Michigan's largest dealer. Buying, selling, repairing, restoring antique slot machines for almost 30 years. Restoration of vintage coin operated machines is Bill Darwin II's specialty.

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The name “Penny Slot” is something of a misnomer. Most people who don't know better might assume that a penny slot costs a penny to play but that's not the case. For decades, the most popular slot machines in U.S. casinos were nickel slot machines. In the late 1960s, Bally Manufacturing developed an innovative machine called the Money Honey, a penny slot that could be played for up to five coins simultaneously. These multi-line machines that accepted multiple coins per line were a hit with players—despite the fact that they were playing more per pull of the one-armed bandit's handle.

The New Penny Slots Offer Extra at a Price

The new penny slot games offer their fair share of electronic excitement with such features as theme songs from popular game shows and movies, bonus screens, and special mystery payoffs. However, all of these extras come at a cost. The most popular games from the Japanese video conglomerate Konami including 'Race Driver' and 'Beat the Field' require a minimum of 50 coins amounting to a dollar per spin. Several other manufacturers have games with up to 16 lines that require up to 100 coins per spin—totaling a whopping 1,600 pennies.

While slot manufacturer IGT offers a penny version of its popular 'Megabucks' game that can be played for just a few pennies, for the standard 'Megabucks' machine, which is a $1 variety, the player must play three coins per spin, or $3. On the new 'Penny Megabucks,' the player is required to play the maximum of 300 coins per spin, so the price is the same.

The Odds Are With The House

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These machines are built to be both fun and addictive. They require a minimum number of coins/lines to qualify for the bonus screens (where the bulk of the payoffs are made). Players must make sure to play enough coins/lines to get the payoff when a bonus hits.

For someone to play a 25-cent video poker game, they'll have to play five coins in order to qualify for a 4,000-coin royal flush. That's $1.25 per spin for a chance to win $1,000. On most penny slots offering payoffs of bronze, silver, and gold, the big payoff is much harder to win than the 45,000-to-1 odds on a video poker game. Plus, the player will likely risk $2.50 to $5 per spin to win it. That adds up.

The Psychology of Small Payoffs

Human beings are creatures of habit and thanks to the lure of instant gratification are prone to gamble. When players consistently receive small payoffs, psychology kicks in. The mind tricks itself into believing, 'Great, I'm winning,' when in reality, the player's initial deposit is usually being frittered away to nothing.

Penny slots have the kind of high hit frequency that ropes players in. As fun and exciting as the promise of winning may be, most of the time, the payoff is actually less than the initial wager on a spin. In other words, the bells and whistles go off on a regular basis but for small payoffs. For example, a player might risk something like 100 coins and only get a payoff of 18 coins.

Play Responsibly

The main issue with gambling in general—and penny slots, in particular—is that as a player, you mustn't forget that your personal bankroll is considerably smaller than that of the casino. Bear in mind that if you budget $200 for a trip to a particular casino where playing a penny slot takes 250 coins per spin, you won't get nearly enough spins to make a dent in the long-odds of hitting a substantial jackpot before your bankroll is exhausted.

Fast Facts: Tips for Newbie Penny Slot Players

As with any form of gambling, playing the penny slot machines should be approached with caution.

  • Start by choosing just a few lines or just a single coin per spin.
  • It's not recommended for players to automatically hit the maximum spin button.
  • Read the help screen to find out how many coins it takes to have a bet on all the lines so you can better decide how many coins and credits to risk per spin.
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Overall, players should enjoy their slot play, but never forget that gambling is gambling—especially on penny slots. A handful of pennies is still a dollar per spin. If you're playing more per spin, you'll bust-out fairly often—and it can happen very quickly.

Owning a vintage slot machine is one of those fun yet daunting ideas. Many old school one-armed bandits are beautifully designed and instant conversation pieces. Plus slot fans who own a machine don’t ever have to worry about losing money to the house.

Still, most antique machinery breaks down or wears out eventually and finding a repair person who knows how to fix a piece of equipment that’s over 50 years old can be tough. Thankfully, antique slot machine enthusiasts have figured out how to use the internet and uploaded plenty of great information about repairing these mechanical marvels.
Newer slots will require you to know a bit about computer circuitry, but the classics just need a screwdriver, wrench and a magic touch. (OK, you probably need more tools than that.) Watch the videos below to understand how the slot machines work and what’s required for common repairs. Even if you’re not ready to plunk down a grand or more for a classic slot machine, you’ll probably get a kick out of understanding what makes those coin swallowers tick. If you want to quickly itch your scratch for playing slots, you can also check out an online casino likeRoyal Vegas Online Slots. Finally, enthusiasts who are serious about buying a vintage machine may want to take a look at the Antique Slot Machine Pricing Guide.

Charles August Fey, a Bavaria-born inventor, was living in San Francisco when he invented his first gambling machine in 1984. His games grew to be so popular at local bars, he quit his day job and opened a factory to start mass producing them, most notably the Liberty Bell machines in 1899. A lot of the functionality from that early game remained in place through much of the 20th century. Watch this video to see the seven mechanical actions set into motion when you pull back the bandit’s arm. The inner workings are probably a little more complex than you expect.

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Given that a lot of old slot machines are hand built, it isn’t surprising that coins can get jammed on their way through the mechanism. Big warning: If your machine jams, don’t force the arm or you can break, twist or damage a part inside. Different models and makes tend to have common jam points. The Mills model shown in the above video can have coins stuck in the “elevator” section that displays the last five coins dropped into the machine. Getting the slot working again can be as simple as cleaning the gunk off of an old part. You just need to be smart when you’re disassembling and reassembling the machinery.

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Okay, there are plenty of more places where a coin can get stuck and the above video demonstrates how to fix a variety of jams. It also explains how to disassemble the major parts of the machine and where common problem areas are.

Penny Slot Machines Near Me

Curious how an antique slot machine knows how much money a winner gets? This video shows the punch-card like communication that trips payouts and how. If you ever need to replace the reel symbols or calibrate the machine you’ll need to understand how these work. Even if you don’t ever plan on owning a machine, the metallic “circuitry” is interesting to see.

Want to own a modern slot machine? New ones have plenty more bells, whistles and dings, and also a lot more advanced parts. If you plan on getting one, you may want to have an idea of what’s inside. In addition to the classic reels, there are speakers, motherboards filled with programming chips and plenty of wires. Unless you have a way with a soldering iron you probably won’t try and fix it. But in case you do, here’s a clip from Discovery showing what’s inside.

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Did you know newer slot machines are smart enough to test themselves when a problem happens? This video shows you the procedure for having the machine check its own system. The host’s desert dry delivery is also enough to make this vid worth a watch.