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Compete With Players In Online Slots Tourneys

Compete With Players In Online Slots Tourneys

Added: February 19, 2014

For the large part, wagering at online casinos is a contest between the player and the house. You do not even interact with other players. It is to overcome this drawback and to create a community atmosphere that online casinos launched slots tournaments.

The basic structure of the slots tournament is as follows. You pay the buy-in and are given a stack of chips. Other players who are participating in the slots tournament are given a chip stack of the same amount. All players are given an allotted time to wager on the same online slot game. At the end of the time, players are ranked on a leader board according to their final chip tally. The designated number of top players shares the prize pool. The chips left with the player are not cashable. The player’s liability is restricted only to the buy-in.

There are two types of prize pools in online slots tournaments. The first type is a fixed prize pool, usually referred to as a guaranteed prize pool. Here the online casino declares before the event the amount of the prize pool. If the online casino collects more than this by way of buy-ins then it retains the additional amount. If the online casino collects less than this by way of buy-ins then it makes good the shortfall. In the second system the amount collected through buy-ins is distributed as the prize pool. The collection is known as the pot. The players would not know what they are playing for at the start of the tournament.

There are several ways in which online slots tournaments are made more interesting. One is through the introduction of rebuys. In these tournaments if you lose all your chips you can buy a fresh lot by paying the rebuy fee and start afresh. Such tournaments tend to favor players who are willing to risk larger amounts. Most online casinos limit the number of rebuys allowed so as not to give too much of an advantage to high rollers. Then there are elimination slots tournaments. These are multi-round tournaments. Players who are at the bottom of the leader board get eliminated and the others move to the next round.

One of the key strategies for slots tournaments is entering at the right time. If you enter too early then you will set a target. Players entering later can adjust the aggressiveness of their wagering to try and beat your target. Most online casinos limit the number of players in each tournament. If you hold back then you run a risk of the tournament closing before you can register.