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Coins and their value in slots wagering explained

Online slots have different features that do seem complicated to the newbie. But even though they look complex, they’re very simple to understand and accessibility will never be an issue.

One of those aspects that look complicated in most slots is the betting process. New players get to see terms like coins, coin value, bet level, and paylines. If you’ve been finding it difficult to understand how coins work, you’ll get more insights in this article.

What is a coin?

A coin used in online slots is a form of virtual currency used in betting for each round of the game. While many online slots make use of coins in their betting processes, some do not. It all depends on how the slot developer decides to design the game.

However, those that involve coins are so large and there’s no way to avoid them if you really love to play slots. Apart from betting, some slots also make use of coins to give payouts. Without understanding how coins work, you could get confused about the cash value of your wins.

So, let’s take a brief look at the other terms to understand the usage their usage properly.

What is a coin value?

While betting on slots that use coins, the first thing to do is choosing the number of coins to use. In most slots, the number of coins used is called the bet level.

After that, you choose the coin value. The coin value is simply the cost of each coin. That is, the monetary value.

The coin value is very important as it determines your total bet amount. For example, if you choose to wager 10 coins and your coin value is £0.01, your total bet will cost you £0.1. In the same way, if you win that game round and you get 1000 coins, the cash value will be £10.

There are usually different coin values available to select. Some slots offer a range of 10 or more values.

For instance, let’s assume you find a range of values from £0.02 to £1 in two different slots. For slot 1, there could be five different coin values available while there could be 10 in slot 2.

Slot 1 may offer options like £0.02, £0.05, £0.10, £0.50, and £1. Then in slot 2, you have £0.02, £0.05, £0.10, £0.20, £0.40, £0.50, £0.60, £.70, £0.80, and £1. It all depends on the developer’s choice.

What you need to know is the value you choose determines the amount you spend and how much you can win. If you choose £0.20 for 10 coins, your bet will be £2.

Understanding paylines

Paylines are also called winning lines or winning ways in some slots. They are the number of ways in which symbols can combine to form winning combinations. For slots that use the normal payline system, your total bet will be determined by the number of lines activated.

Let’s consider a slot with 20 paylines. If you choose 10 coins and a coin value of £0.20, with all 20 paylines activated, your total bet for the spin will be 10 x £0.20 x 20 = £40.

Sam Roberts
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