Coin value is the amount of real money one coin is worth in a slot that measures bets and wins in coins rather than pounds. Your total stake per spin is the coin value multiplied by the number of coins you bet, so 20 lines × 1 coin × 5p coin value costs £1 a spin.
Coin value is the pound value of one coin in a coin-based slot.
Stake per spin = coin value × coins per line (bet level) × number of lines.
Wins shown in coins must be multiplied by the coin value to get pounds.
Free spin offers fix a value per spin instead, such as 10p each.
Meaning
Cash value of one coin
Formula
Coin value × bet level × lines
Typical range
From 1p upwards
Cap on total
£5 per spin (25+), £2 (18–24)
Where to set it
The game’s bet or stake panel
What coin value means
Slots descend from machines that took actual coins, and many online games kept the idea. Instead of choosing “£1 a spin”, you set two dials: how many coins to bet per line (often called bet level) and how much each coin is worth (the coin value). The game multiplies them by the number of paylines to give your total stake.
Most newer mobile slots skip coins and let you pick a stake in pounds directly. Coin settings mostly survive in older titles and in games designed for many currencies, where a coin is a convenient unit. Either way the money at risk is the same; only the display changes.
Working out your stake from coin value
The formula is: coin value × bet level × number of lines = stake per spin. On a game with fixed lines, only the first two can change.
Coin value
Bet level (coins per line)
Lines
Stake per spin
1p
1
20
20p
5p
1
20
£1.00
5p
2
20
£2.00
10p
2
20
£4.00
25p
1
20
£5.00
UK online slots are capped at £5 a spin for players aged 25 and over and £2 for those aged 18 to 24, so in a UK app the combinations that would exceed your cap aren’t available. See stake limit for details.
Turning coin wins into pounds
A coin-based paytable might say five top symbols pay 500 coins. That figure is per coin bet on the line. At a coin value of 5p and a bet level of 1, it is worth 500 × 5p = £25. At bet level 2 it doubles to £50. Some games show the win in coins in the reel area and in pounds in the balance bar, which can be confusing on a small screen.
Find the coin value in the bet panel (for example 0.05).
Note the bet level you are using.
Multiply the coins won by the coin value.
If the paytable is per line, multiply by your bet level too.
Compare with the change in your pound balance, which is always the real figure.
Where to find coin value in a mobile slot
On a phone, tap the stake button, often a stack of coins or the bet amount next to the spin button. Coin-based games open a panel with two sliders or sets of arrows labelled Coin Value and Bet Level (sometimes Coins), and the total updates as you move them. Newer games show only a list of pound amounts. In portrait the panel may cover the reels; tap outside it or press the X to close. The how to play slots on your phone guide shows the usual control layout.
Low coin values are what make penny slots possible, but a 1p coin on 20 lines is still 20p a spin. Check the total, not the coin.
Coin value in free spins and loyalty schemes
Promotional free spins have a fixed value per spin set by the offer, which works like a locked coin value. Ten-pence spins are common: 100 spins × 10p = £10 of play, and 80 × 10p = £8. You can’t raise the value, and on a slot with a 96% RTP, £10 of spins returns around £9.60 on average, with wide variation either way.
Some apps also call their loyalty points ‘coins’. Those are reward currency with their own conversion rules, not slot coin values; our casino app loyalty rewards page explains how they work.
Partner offers with a fixed 10p spin value
Ladbrokes gives new customers who deposit and spend £10 or more on slots 50 spins a day for 10 days, up to 500 in total, each worth 10p on selected games; each day’s spins must be claimed from the in-app inbox before 23:59 and used within 7 days, and winnings carry no wagering. Coral gives 100 spins at 10p on selected games after you deposit and bet £10 on slots, also with no wagering on winnings. PlayOJO’s 80 spins at 10p on Big Bass Bonanza follow a first deposit of £10 or more, with winnings paid in cash. Some deposit methods are excluded at Ladbrokes and Coral. 18+, terms apply; see the 500 free spins app page for the Ladbrokes offer in detail.
All three partner welcome offers fix the spin value at 10p, so there’s no coin value to set: Ladbrokes gives up to 500 spins over 10 days, Coral 100 and PlayOJO 80, each after a £10 qualifying deposit or bet, with no wagering. 18+, new customers, terms apply.
Coral and Ladbrokes are both run by LC International Limited (Entain). If you already hold an account with one Entain brand, you may not be able to open a new account with another; check the terms before signing up.
Significant terms: 18+. New customers only, from 14/11/25 until further notice. Certain deposit methods excluded. Deposit and spend £10+ on slots for 50 free spins a day during the first 10 days after first deposit and registration (max 500, £0.10 each, selected games, claim before 23:59 each day, valid 7 days). No wagering. Prepaid cards, PayPal, Paysafe, Neteller, Skrill and Moneybookers deposits do not qualify. Restrictions and T&Cs apply. GamCare.org.uk
Read the Ladbrokes reviewLicence: LC International Limited, UKGC account 54743. Offer checked 5 October 2026.
Significant terms: 18+. New players only. Offer runs 01/10/2026 to 01/02/2027. Deposit (certain types excluded) and bet £10+ on slot games to get 100 free spins (selected games, £0.10 each, 48 hrs to accept, valid 7 days). No wagering on free spin winnings. Deposits by Neteller, PayPal, Paysafe, Skrill, prepaid cards and certain debit cards do not qualify. Restrictions and T&Cs apply. GamCare.org.uk
Read the Coral reviewLicence: LC International Limited, UKGC account 54743. Offer checked 5 October 2026.
Significant terms: 18+. New UK customers (excluding Northern Ireland). First deposit only. Minimum deposit £10. 80 free spins on Big Bass Bonanza, £0.10 each. No wagering requirements; winnings paid in cash. Cannot be used with any other offer. Only available to players who arrive through the designated offer link. Full T&Cs apply. GamCare.org.uk
Read the PlayOJO reviewLicence: Skill On Net Limited, UKGC account 39326. Offer checked 5 October 2026.
18+. Gambling should be entertainment that costs money, not a way to make it. Set a deposit limit before you play: how to set limits. Free, confidential help: National Gambling Helpline 0808 8020 133.
Frequently asked questions
What does coin value mean on a slot?
Coin value is how much one coin is worth in pounds in a slot that counts bets and prizes in coins. You multiply it by the number of coins per line (the bet level) and the number of paylines to get your stake per spin. For example, a 2p coin at bet level 1 on 25 lines costs 50p a spin. Many newer games skip coins and show pounds instead. Our paylines entry explains how lines affect the total.
How do I convert slot coins into pounds?
Multiply the number of coins by the coin value. A win of 400 coins at a 5p coin value is worth £20. If the paytable quotes coins per line bet, also multiply by your bet level. The quickest check is the balance bar, which always shows the real amount in pounds or lets you switch to cash. If the coin and cash displays don’t seem to match, open the game’s help screen. Our paytable entry explains the different display formats.
Does a higher coin value improve my chances of winning?
No, coin value only sets the size of your stake and prizes; it doesn’t change the odds. A spin at a 1p coin value has the same chance of landing any combination as a spin at 25p, and the RTP is the same. Higher values simply mean larger wins and larger losses in pounds. Some games tie extra features to a bet level, which the help screen would state. Our RTP entry explains why stake size doesn’t change the long-run return.
What is the lowest coin value on mobile slots?
Many coin-based slots start at 1p per coin, but the minimum total stake depends on the number of lines and the bet level as well. On a fixed 20-line game, a 1p coin means at least 20p a spin; on a 10-line game, at least 10p. Pound-based games list their minimum stake directly in the bet panel. Our penny slots apps page explains which settings give the lowest total stake and why the minimum isn’t always a penny.
Can I change the coin value of free spins?
No, promotional free spins have a fixed value set by the offer, often 10p per spin, and the game locks the stake while you use them. That keeps the total value of the offer predictable: 100 spins at 10p is £10 of play. If you change the stake after the spins run out, you are betting your own balance. Our guide to how to claim free spins in an app explains how spins are loaded and used.
Why does my slot show coins instead of pounds?
Some slots default to showing coins because they were designed around coin-based betting or for many currencies. Look for a toggle, often a coin or £ icon near the balance, or a display option in the settings menu, to switch to cash. Seeing everything in pounds makes it easier to keep track of what you’ve spent and won. UK rules require your balance to be available throughout play. See our net position entry for the figure that shows overall wins and losses.
Gambling can be addictive. Free, confidential help is available 24 hours a day from the National Gambling Helpline on 0808 8020 133. Get support from GamCare or NHS gambling support, or block yourself from all UK-licensed gambling sites with GAMSTOP.
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