Most online casinos offer online slots tournaments. Some online casinos offer them as round the clock regular fare. Other online casinos offer them less frequently. But one thing is for sure, they are extremely popular. Normally online players compete against the casino. Slots tournaments are the only occasions online players get to compete with each other. This in itself is reason enough for you to participate in slots tournaments. There is another reason as well.
Online slots tournaments do not offer those life changing payouts that normal slots games offer. But it must be realized that those life changing payouts come extremely rarely and usually after months and even years of constant wagering. Therefore, the accumulated outlay over time can be significant. Slots tournaments have smaller payouts. But the investment is also minuscule or in many instances there is no investment required because the entry is free. While there is considerable variation in the entry fee and the prizes and it is difficult to establish a clear correlation between the two, some ball park indicators can be given. Freerolls generally offer prizes of a few hundred dollars, but on special occasions offer greater prizes. Otherwise buy-ins of up to $10 are very common and have prizes of a few thousand dollars. Only the mega tournaments that offer prizes of tens of thousand dollars have buy-ins of a few hundred dollars. It is easy to appreciate that there is nothing to lose and everything to gain by playing the freerolls or the low buy-in tournaments. The time involvement is also minimal. Players are usually given 30 minutes or an hour to complete their spins. So they are not spending a great deal of time on the tournaments.
As you play more and more tournaments you will be able to develop and perfect your strategy. However some pointers can be given to start with. A tournament is usually spread over a few days. Each player can complete his slot any time during this period. The player’s score is then logged in and compared with the others at the end of the tournament to decide the winners. Some tournaments provide a leader board. Here the scores are continuously logged in and displayed so that players at any time know what is the highest score. It is desirable to play leader board tournaments as late in the schedule as possible so that the target is known and the level of aggression in the wagering can be decided. At the same time you should not leave it for too late. Because the rush piles up as the close of the tournament draws near and accessing the game on the server of the casino can become difficult.
But when there is no leader board there is no target and this makes things a bit difficult. For starters there is no advantage in playing the tournament later so it is best to play at a time convenient to you. It is better to mix conservatism and aggression. Say you are starting with 500 credits. Play conservatively till you reach 550. If you are able to do so set a stop loss at 525 and play aggressively with 25 credits. If you are able to reach 600 credits by playing aggressively then put a stop loss at 570 and play aggressively with 30 credits. By playing this way you are ensuring that you do not fall too much from your highest level and at the same time you give yourself a chance to rise higher.