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Slots tournament is a type of slot game held in tournament format and played against other players. The main goal of the tournament is to beat other players by winning more than the rest. Those who do, claim for the top prizes. Slots tournaments are a wonderful opportunity for many players not only to try their luck and see if they know how to play slots, but also to play the game for a small amount of money or absolutely free and claim for big money prizes.
As every other tournament, slots tournament starts when all the registered participants make a buy-in (entrance fee) of a certain amount. The tournament itself begins on a specific date at a certain hour. As a rule, the players get 1,000 credits or more each for a particular period of time. Slots tournament can last from 30 minutes to several days when playing online. When the time is over the slot machines are locked and the players are forbidden to play. During some slots tournaments the players are allowed to stop at any moment or make a re-buy in case they loose the whole stake. So, the rules of slots tournaments are very easy:
Scheduled tournaments need only one strategy - you are to play fast. However, some tournaments are not for a set period of time but for a set number of spins. As a rule there are several prizes at any tournament and players that end up winners win a prize which is a part of the whole prize pool.
Buy-in – a fixed amount of money required at slots tournaments as an entry fee. At most tournaments the overall prize pool is made up of buy-ins paid by all the participants.
Prize pool – the total prize amount that is distributed between the winners. It may be guaranteed or made up of the buy-ins.
Re-buy – the option that allows to pay additional entry fee to continue the tournaments after the player has lost the whole stake.
There are different types of slot tournaments held at land and online casinos. Moaents are scheduled ones, which means that they start at the fixed time. The tournaments are held on special occasions, for example, Christmas, Halloween, Thanksgiving Day, or are regular competitions such as daily, weekly or monthly slots tournaments. So, the slot players can take part in such online and offline tournaments:
So, as you understand the basic differences between all slots tournaments are the size of buy-in or its absence and the ways how the prize pool is created. If you are going to enter tournament for the first time we recommend you to try competitions with guaranteed prizes. The basic advantage of such events is that you know how much money you can win beforehand. Let’s take a look how the pool prize and payouts are calculated in different slots tournaments with, for example, three winning places:
In the example above it is very easy to understand that in guaranteed tournaments all the prizes are fixed while in the slots tournaments offering prize pool made up of all buy-ins the payouts are expressed in percent and can vary depending on the number of contestants. The size of prize pool can be different and the number of winning places can vary from 3 to 100 or even more.
Most casinos take impressive percent of buy-ins as a profit, that is why pay attention to the tournament conditions and find out how the prizes are paid.Most tournaments are provided as casino comps and if you want to enter such events you must qualify for the prizes by playing a certain amount of time or certain amount of credits. If you want to try your skills in big slots events check our tournaments schedule and win really big money prizes with ease.
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