Online Casino Tournaments – Jackpot Potential With Little Risk
Wouldn’t it be great if you could cash in on a big win without having to deposit your entire savings? If you have ever played in an online casino tournament then you know that it is possible. While the most popular type of tournament would be slot related, there are some online casinos that offer tournaments for table games such as Blackjack and Roulette too. The biggest appeal to these tournaments is that a large number of casinos offer “freerolls” which are tournaments that do not require a deposit to get in.
How Do Slot Tournaments Work?
You will be going head-to-head with players worldwide in real-time. You will be competing for the highest winnings so you can get a piece of the prize pool. Some tournaments last for a few hours, some 24 hours and there are even some that go on for days as we will discuss later. For this example, using Ignition Casino as they have very generous paying tournaments available for very little money. The “buy-in” is the dollar amount needed to join the tournament and the “re-buy” is usually the same amount as the buy-in and is used when you run out of credits before the end of the tournament.
What To Expect
Ignition Casino, you must download the casino suite in order to access the tournament list. Once you are on the main home screen of the downloaded suite, you will see the tournament link in the top navigation bar. Upon reaching the lobby, you will see the name of the tournament, the date it starts, the buy-in amount and the re-buy amount. Once you highlight your preferred choice, you will see the full details of the game on the right side of the screen. These details include the name of the slot machine you will be playing, the hours or days left for that particular game and the cost to enter (the buy-in) the game. You will also see the number of credits you will receive for each buy-in/re-buy and the number of players currently registered. This is also where you will find the amount of the prize pool that you will be playing for. The prize pool is usually divided up between the top winning players and the number of players depends on the game.
Currently Playing: King Of Tournaments
T-Rex “King Of Tournaments” is currently running and is a 30-day tournament for players to race to the finish for a generous jackpot of $1,000. At the time of writing this, the tournament has 17 days left to go and the buy-in is $1.10. For that $1.10, you will be given 10,000 credits to play the T-Rex slot and 10 minutes to do as much as you can with those 10,000 credits. When those credits run out, if you are not happy with your winning amount, you can re-buy for another $1.10. You will then be given another 10,000 credits and 10 more minutes to get your winnings up. At the end of the 30-day duration of the tournament, the top players with the highest winnings will win the $1,000 prize pool. This particular tournament has 6 top places. 1st place will get $380, 2nd place $220, 3rd place $150, 4th place $110, 5th place $80 and last place will get $60. If you add up the totals, it will equal the full $1,000 prize pool. If 30 days is too long, there are plenty of others to choose from that only go for hours at a time.