Online Casino Slot Tournaments - All You Need to Know
November 06, 2009 | Article Category: Casino Tournaments
Online casino players are offered a number of different types of tournaments. The most common type of tournament offered in online casinos is online casino slot tournaments.
What is a Slot Tournament?
A slot tournament is a tournament or competition that is played against other slot players, usually in the same online casino, but often with a group of online casinos running the same online casino software. Players do not use their regular online casino credits to play, but an allocated number of credits given to them at the start of the tournament. Play can be quite exciting since the players are not only playing against a machine, but also against other people.
How Much Does an Online Slot Tournament Cost?
The answer to this question is dependent on the specific tournament. Some tournaments have entry fees, while others are free. When there is free entry to online slot tournaments, the tournament is called a freeroll. When an entry fee is charged, the amount will vary depending on the prizes offered, and the duration of the tournament. In both free and paid for online casino slot tournaments, players are given a set number of credits with which to play the tournament.
What Happens When I Run Out of Credits?
When a player has used up all their credits in an online casino slot tournament, they have the option to either simply leave the tournament and give up on trying to win the great prizes that are usually offered, or they can choose to stay in the tournament by taking advantage of the re-buy option, which is offered in nearly all online casino slot tournaments, and give the player the chance to continue in the same slot tournament without a break.
Freerolls and Re-Buys
One might ask why an online casino would offer a freeroll tournament. There are a number of reasons why an online casino would offer free tournaments. Firstly, free online casino tournaments are a big draw for online casino players. Many players will choose one online casino over another in order to have the chance to play in a greater number of freeroll tournaments.
Another reason that it can also be profitable for online casinos to offer freerolls is because they will make money on the re-buys. A re-buy is the process by which players can pay the online casino in order to stay in the slot tournament. The player pays a predetermined sum of money to the online casino in order to be given a new set of credits (the same amount that they received initially), which allows them to continue play in their chosen slot tournament.
The cost of the re-buy is usually fairly low when it is for a tournament that has relatively small prizes, however, when the online casino slot tournament is offering large prizes, the re-buy could be as much as $20, or any other sum that is decided by the online casino.
Re-buys are offered in both free tournaments and those with entry fees. The re-buy fee is often lower for paid tournaments than that for freerolls. Tournaments with entry fees will sometimes charge the same amount of money for a re-buy as the initial fee was in order to enter the tournament.
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