An online slot tournament is a great way to win cash prizes, but players should be aware of the wagering requirements. This type of gambling is addictive and can empty bank accounts quickly. Luckily, many online slot tournaments have a free demo mode, so it’s not impossible to try them out before you commit your own money.

Online slot tournaments are essentially knockout games in which players square off against each other and the winner advances to the next round. Unlike other types of games, the winner of an online slot tournament is determined based on the highest total points accumulated. To increase your chances of winning, be sure to use all your top bets as soon as possible.

An online slot game’s paytable provides a visual representation of the symbols that make up winning combinations. The paytable helps players determine how much they should bet on each line. You can bet on a single line or on multiple lines, whichever combination of symbols is most likely to pay off. You can also choose how many paylines you want to play. A slot game with multiple paylines is called a multi-line slot.

Online slots are also known for their unique wild symbols. These symbols can substitute for other symbols in winning combinations and turn losing symbol combinations into winning combinations. Different types of wilds are used by different online slot developers. Some of these types of wilds are Expanding Wilds that cover the entire reel; Sticky Wilds that stay on the reels for subsequent spins; Stacked Wilds that stack on the reels; and Walking Wilds that walk around the reels and provide a bonus.