Welcome to BestPennyAuctions.net, an up to date directory of the best online penny auction sites. Our primary goal is to sort and list the top online penny auctions into categories to help you find the best online penny auction site that is safe, trusted, honest and offers a fair bidding experience. Updated for 2020
If you are ready to get started at the top online penny auctions, choose from our top list of the best penny auctions online.
Top Penny Auctions
Worth - United Kingdom 1 new penny 1971-1981 in the coin catalog at uCoin.net - International Catalog of World Coins. Ghost Shrimp,New Penny,3-Inch. 3.7 out of 5 stars 8. Z-Man Scented ShrimpZ Bait. 4.5 out of 5 stars 80. New penny (Noun) Following decimalisation, the name given to the coin worth one hundredth of a pound sterling; now known simply as the penny. Worth - United Kingdom 1 new penny 1971-1981 in the coin catalog at uCoin.net - International Catalog of World Coins. R/pennystocks: A place to discuss penny stocks freely. Please keep in mind that this is an open forum, and advice from Reddit may not be in your.
- #1 – Quibids
- #2 – DealDash
I can only recommend two penny auctions in 2020. I would not spend my money elsewhere.
About Online Penny Auctions & Top Penny Auction Sites
Penny auctions are a game, a very competitive game. It is you vs every one else who is bidding or thinking of bidding on a particular auction. You can win or lose money at this game.
There are winning strategies and winning styles you can use to give yourself better chances to win including the psychological aspect of this game, which in many aspects is very similar to poker. Tips, advice and bidding strategies are linked throughout this site.
Penny auction websites began their rise in popularity in the second half of 2010. They were booming in 2011 and 2012. They matured in the later half of 2013.
Today in 2020 there are only a very small number of legit penny bidding sites worthy of your business.
If you want to get started, read over our high quality penny auction strategy articles. Read through the different articles available and find ideas behind winning at penny auctions.
Many articles come from a winning poker player who applied some of the concepts to penny auctions. Since penny auctions are a psychological game of you vs other people a lot of the tactics apply to both games.
Your long term penny auction goal is to win as much value as possible with as few bids spent as possible.
To accomplish this you have to develop effective strategies that help you win more while bidding less.
Read these list of penny auction tips before you begin playing and maximize your chances of getting incredible deals instead of losing money and not winning anything at all.
How Penny Auctions Work
Penny auctions are not as simple as seeing a $50 gift card on sale for $2.31 and saying well I would pay that for a $50 card, I will bid and buy that now or get out bid and have not lost anything. Penny bidding sites do not work that way. The truth of the matter is that you can lose money and if you do not know how the penny auctions work it is almost guaranteed that you will lose money!
Penny auctions use a pay per bid model. This means that it costs you money each time you place a bid on something whether you win the auction or not while increasing the auction price of the item by 1 penny. A classic brinkmanship game, pushing dangerous events to the verge of disaster in order to achieve the most advantageous outcome which is in this case that your opposition stops bidding against you in an auction and you win. They are a psychological battle of wills.
If you place a bid in an auction and end up not winning it then you have spent and lost money.
Before you get started playing penny auctions, be sure and read our beginners penny auction guide to learn how penny auctions work. Make an informed choice before spending your money. Our beginners guide will give you the penny auction basics before you start burning those bids!
Penny Auction Site Reviews
In addition to our penny auction top lists we also review the top penny auction sites. Included with our editorial reviews we have a growing number of user submitted ratings and comments. Our reviews include information about each penny auction site including:
- official website address
- their phone number
- their logo
- bonuses and current promotions
- average cost of bids
- the sites pro’s & con’s
- general product offerings
- shipping details
- features
- user reviews
- user ratings
To find the best penny auction site for you, visit the sites listed in our penny auction reviews and see real bidder ratings of the top penny bidding sites on the web.
Best Penny Auctions By Category – 2020
I keep my list of penny auction sites extremely short. If you are new to the world of online penny auctions or if you have been burned by scam penny bidding sites before then we recommend you stick to one of the penny auction sites listed on this website. There have been countless scams throughout the history of penny auctions so by all means make sure that the penny site you are about to buy bids on has a positive reputation in the penny auction world.
If you are ready to try your luck at an online penny auction site, choose one from our top penny auction list and good luck in the auctions! You can find more helpful penny auction articles below.
We wish you good luck bidding and we hope you win some amazing deals!
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.
Modern penny slots are online slots that allow low stakes and thus are more affordable from an initial investment point of view. So the penny slots are ideal for Canadian players who are only starting out and don’t want to take too many risks.
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If you find yourself in this category, feel free to play some penny slots and give them a try for real money when you feel comfortable.
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Check our new collection play free penny slots online.
Top Casinos to play Penny Slots Online
Check this list of online casinos for the best penny slot machines online.
18+. New players only. Min deposit £10. Bonus funds are 121% up to £300 and separate to Cash funds. 35x bonus wagering requirements apply. Only bonus funds count towards wagering requirement. £5 max. bet with bonus. Bonus funds must be used within 30 days, otherwise any unused shall be removed. Terms Apply. BeGambleAware.org.
T&C ApplyNew customers only. Min deposit is £10. 30x wagering.
New players only. Min. deposit £20. 35x wagering requirements.
T&C ApplyNew eligible UK players only. Select Casino offer on sign-up and deposit. 4 deposits of £10, £20, £50, £100 matched with a bonus cash offer of same value (14 day expiry). 35x real money cash wagering (within 30 days) on eligible games before bonus cash is credited. Spins credited upon deposits; under £50 =10 Spins, £50 or over =25 Spins; on Book of Dead only (3 day expiry, winnings paid in cash). Play Responsibly. 18+ begambleaware.org. Click for full T&C’s.
How to play Penny Slot Games
Penny slots are slot machines that can be played for low stakes. This way you can play one penny per pay line and you won’t take any big risks.
The playing process is virtually the same as if you played any other slot games, only the stakes are different. Depending on the type of slot, you’ll have to choose a stake and a level and push the Spin button.
Tips to help you win big on penny slots
Many gamblers associate penny slots with ‘low risk and low reward’ gameplay. We don’t mean to be crude, but those gamblers are completely wrong. Employ the right strategy while hitting up the low stake games and you can keep your risk minimal while increasing your chances of a big pay-out.
Of course, not every penny slot strategy that is printed on the internet is a good one. Some are fact and some are fiction, so thankfully for you, we are here to share three simple tips which should increase your chances of winning big.
1. Get a game with a progressive jackpot
Not every penny slot game is created equally! Whether online or offline, it’s important to have your wits about you when choosing a low stake slot machine.
A key question you should be wary of when picking your game is “does this penny slot have a progressive jackpot?” If the answer is “no”, then move on – you are reducing the ways you can win – find a game with a progressive jackpot that will continue to grow while you’re playing. That way you have an extra chance of turning your pennies into a fortune.
2. Multiple types of bonuses are your friend
There are certain games that have free spins, special bonuses and hidden rounds built into them. Surely logic insists that these games are the ones to go for when picking a free penny slot; they’ll be more fun and you have more variety in your gameplay too. Also, free extra spins translate to extra chances to win big.
3. Betting maximum lines is the answer
There are many bonus features that will only be activated if you are betting the maximum bet and the good news is that on a penny slot, the maximum bet will be a relatively low cost to you. Obviously, you may spend a little more than you initially planned, but you’re also giving yourself a chance to win a lot more!
Best Penny Slot Machines
If you play in land-based casinos in Canada, the UK or any other country, there are probably some penny slots still left. Most of them have jackpots attached and that’s the main reason why many players still play them. The first thing that comes to mind is some old granny with a bucket full of pennies playing the one-arm bandits. Modern video slot games require bigger bets because of the bigger number of pay lines. The bets will be bigger but the payouts will also be bigger in return.
There are a lot of great free penny slot machines online which you can try, regardless if you want to play with one pay line or with all pay lines active. One of the most popular slots by Microgaming is Break Da Bank Again. This is a simple 9 pay line slot which you can try with one pay line active. If one gets lucky, he/she can still win big in the bonus round thanks to the x25 multiplier.
Net Entertainment also has this game in their offer by the name of Reel Steel. The slot has the same features and the same payouts. If you want you can try out these two penny slots and see which one you like more. Even with one penny per spin, you can still win big in the bonus round.
Penny Slots FAQ
How do penny slots work?
Penny slots – slot machines with denominations from 1 cent (“penny”) all the way up to $100.00 or more per credit. They are the best way to play for a longer time. You’ll have greater chances of scoring that enormous progressive jackpot.
What penny slots pay the most?
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There are two types of penny slot machines: progressive and non-progressive slots. Progressive slots offer the highest prizes in the online casino world. Non-progressive penny slot machines offer more odds for winning, but fewer prizes & bonuses.
How to play & win penny slot machines?
- Choose your machine carefully
- Play on slot machines that have a progressive jackpot
- Penny slot machines offer a lot of bonuses – use them to win
- Know your limit – it’s pretty easy to play more and more, but you have to remember the strategy
- Enjoy the game – the only right way to win
What games are more popular?
You can chat, interact and play with other players which is a great bonus that has made online slot machines popular. Or you can read the professional review for Canadian players of the best penny slots on SlotsAdviser and choose which is really fit your strategy and you like the most.