What is ‘Penny Ante’?
Penny Ante is a North American term that commonly refers to a poker-based casino game that involves very small stakes. Poker is usually synonymous with vast amounts of money being laid on the table, but there are some people who enjoy the game who aren’t willing to part with large sums of cash. In Britain, it’s also known as ‘penny poker‘.
‘Penny Ante’ Explained
Played either to pass the time or be enjoyed by people who don’t have the income to participate in high-stakes games, penny ante games are often associated with poker but can, in fact, be related to any low-stakes game.
When entering a poker game, there will often be a minimum buy-in fee; these are often used to deter players with insufficient funds as well as show the nature of the game at hand. With penny ante games, players who wish to enter will only require a handful of dollars or pounds to be able to sit in on a game for a decent amount of time. It’s very, very unlikely that you will ever see a buy-in fee for a penny ante game.
The mental image that most people get when it comes to penny ante games is teenagers gathered around a table using low-value coins as ‘chips‘. However, the online gambling world hasn’t failed to see the appeal in such games. Some websites like Bovada and William Hill UK proudly advertise that they offer penny ante and penny poker games. While the income for the sites will be small regarding such games, if enough players are willing the put their last few dollars or pounds into numerous games, then it will pay off in the long run.
Once associated with low incomes, penny ante games are now very much an accepted part of the wide world of gaming.