What Are Online Slot Tournaments?

If you enjoy the thrill of pulling the lever on a brick-and-mortar slot machine, you will love casino sites with online slots, which are even more fun and offer you a chance for a massive jackpot!  Online, you also have the unique opportunity to participate in something called an online slot tournament.  With an online slot tournament, you have a chance to play not against the house, but against other slot machine players. 

There are two main types of online slot tournaments according to buy-in. 

• Paid.  These usually require you to deposit a small fee.
• Freerolls.  These are free to join.

As you might expect, the paid jackpots are the ones with the biggest payouts.  All that fee money gets pooled together and goes into the prize pot.  Freerolls usually have smaller jackpots, but they can still pay off quite nicely and can be a great deal of fun to play in.

Player pools for online slot tournaments may be limited or unlimited.  With limited seat tournaments, entries are closed after all the seats are filled.  This type of tournament is known as a “sit and go slot tournament.” 

How do these tournaments work?  Once you have registered and paid any applicable buy-in fee, you will be given a set amount of chips.  All the players in the tournament receive this same amount.  Then you start playing.  Your goal is to keep your casino chip stack as large as possible within the timeframe of the event.  If you have the biggest chip stack when the time runs out, you will win the main prize.  Even if you don’t come out on top, though, you may be given some kind of payout.  Quite often, the top 10-20 players in an online slot tournament will all receive some kind of small prize.  The more buy-ins and the higher the fees, the bigger and better the prizes are, and the more players will be eligible to win something.

If you are playing in an online slot tournament, you will have to pick a strategy for managing your bankroll.  Of course, luck is a huge factor in slots, but how soon you start playing (you can choose how late to start within the allotted time) and how you invest your chips will all have an impact on the outcome.  If you play aggressively, you have a better shot at the main prize, but if you play more cautiously, you may be able to win one of the other prizes—which naturally are easier to get. 

Online slot tournaments are one of the unique opportunities which the internet offers gamblers.  They are a lot of fun, and they are one of the best chances you will find to win a payout.  They help you to develop your money management skills, which will make you better at all the slot machine games you play.  A lot of online casino websites offer up freerolls as casino bonuses to loyal customers too, so you should have regular opportunities to play in online slot tournaments for free!