By Julie Saunders

August 25th, 2021

BURLINGTON, ON

You can have fun playing free slots in all online casinos. But if you want to win real money, you have to play for real money. And if you want to add a big prize on top of the money you can win from slots, you should join casino tournaments. These fun events allow you to compete against other players and try your luck for a big prize just by playing games. So, what exactly are casino tournaments, and what should you consider when choosing them? We answer these questions below.

What Is a Casino Tournament?

Casino tournaments are usually monthly events. Casino management selects a set of games, mostly from a particular supplier, and makes them part of the event. These games are almost always slot machines, and players who play them during the event period earn points for various achievements. These points determine your place on a scoreboard: the more points you earn, the higher your ranking.

The Games offered are really varied – all kinds of choices

When the tournament is over, the top 10 ranked players split the grand prize among themselves. Other players get consolation prizes such as free spins. But in this respect, the rules of each casino are different. Some casinos reward the first 50 players, others only the top 5. Therefore, it is very important to read the terms and conditions before participating in a tournament. In this way, you can understand what you need to do to win and learn where you need to be in the ranking to win prizes. Speaking of prizes, the amount is variable: most casino tournaments have a prize pool ranging from EUR 10,000 to EUR 100,000.

Types of Casino Tournaments

Casino tournaments are basically divided into two categories: free and buy-in. Free tournaments are the most common nowadays, and you only need to be a member of an online casino to participate. In other words, you do not need to pay any additional fees. If you are a member of the casino and play the games included in the tournament, you will automatically participate. Buy-in tournaments, on the other hand, are quite rare nowadays. You must purchase a separate ticket to attend these events. So, you pay an additional fee, and the tournament only covers ticket holders.

It is possible to divide casino tournaments into two categories according to the way of earning points too. In these events, you win points based on either the bet amount or the prize amount. The latter is more advantageous, and you should prefer it whenever possible. To briefly explain both:

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  Sometimes it is the name of the game that makes you feel lucky.

  Bet-based tournaments: In this type of event, points are earned according to the amount of the bets. For example, a player who deposits 100 EUR in a slot game included in the tournament gets 10 points. The player who deposits 10 EUR can only earn 1 point. In these tournaments, it doesn’t matter how much you win in games. The total money you spend matters, and even if you don’t win a single prize, you can still win the tournament if you’re the one who spends the most.

• Prize-based tournaments: In this type of event, points are earned according to the amount of payouts. For example, a player who wins 100 EUR in a slot game included in the tournament gets 10 points. The player who wins 10 EUR will have to settle for 1 point. It doesn’t matter how much you bet. Those who win the most in the games get the highest points. Therefore, if you are lucky enough, you can participate with a budget of only 1 EUR and still win the grand tournament prize.

As mentioned above, prize-based tournaments are better because they are based on luck, not budget. That’s why it’s essential to read the Terms and Conditions. This is how you can find out if your tournament is bet-based or prize-based. In this regard, it is recommended not to expect much from bet-based tournaments if you are playing on a limited budget. You can still get a certain place in the ranking and win a consolation prize, but it will be impossible to get into the top 10 (unless you have enough budget).

If this is what you are and you are on a roll – have fun.

One of the best things about casino tournaments is that the prize is wager-free. So, if you win a prize, you don’t have to complete a wagering requirement to be able to withdraw it. Even if you don’t make it into the top 10, you can still win a prize. Moreover, all you have to do for this is to continue playing the games you are already playing. It is possible to participate in this event almost every month and try your luck again. For all these reasons, it is strongly recommended to participate in casino tournaments: you can have fun and make additional profit.