Most of you have probably noticed that plenty of online casinos nowadays offer a variety of video slot tournaments that everybody can join. These slot tournaments can be free to join, or you need to pay a certain fee in order to participate, and the latter is more likely to occur.

Well, there are players who still are not that certain how online slot tournaments function exactly, so we decided to dedicate one of our texts to this interesting subject. The most important fact you need to remember is that the goal of almost every tournament on the offer is to collect points and climb up the leaderboard. The higher your position on the leaderboard is, the bigger the prize will end up on your account. Here is how it works:

Free Tournaments vs Paid Tournaments

Free video slots tournaments are also called freeroll slot tournaments do not require any buy-in fee, you just opt-in and start playing the selected games. The good side of the story is that you do not need any money to join the party, but the downside of free tournaments is that you usually do not win any money as well. The prizes come in free spins, and certain bonuses you can use.

Also, you may not need a buy-in fee, but you could probably be obliged to pay the spins with real money. In that case, the prizes might be in real cash, but, just to be certain, if you want to win real cash prizes, focus on paid tournaments.

Paid video slot tournaments require a buy-in fee players need to deposit before they enter the competition. In some cases, the total prize pool will depend on the number of participants. In other occasions, the prize pool is pre-fixed, and you know how big the top reward is, and how many players will win a share of the money before you start spinning the reels.

How Does a Slot Tournament Work?

This is probably the most important question every gamer has before he starts playing any slot tournament. Video slots are not that competitive, because you play by yourselves, and there are no other gamers trying to snatch your winnings.

That is probably why online casino owners decided to start organizing online slot tournaments, simply to spice things up a bit. If an opportunity for winning extra cash rises while you are playing your favourite game, there is no reason for you not to take it, right?

So, the first thing we have is that online casinos notify all players that a paid slot tournament will be organized and that winners will be rewarded with tasty prizes, including cash rewards, valuable items, trips, holidays, etc.

Sometimes the total prize pool is not that big, and sometimes, the prizes go through the roof. When it comes to slot tournaments, these are not competitions where the winner takes it all. Usually, there is a number of players who share the top prize, but their slice of the win depends on their final position on the leaderboard or depends on the time it took them to complete a certain task.

How Do I Win Money?

To position yourselves among the top players on the leaderboard, you need to collect points. Usually, the tournaments include a selected number of video slots that gamers need to play in order to collect points for the final leaderboard. Sometimes, you can play all the video slots on the offer and collect points.

There are plenty of ways to collect points for the leaderboard, but we will mention only a few of them. For example, you collect points by wagering on selected video slots for a certain price. For every $1 wagered, you get 1 point for the leaderboard or something like that.

Another way to collect points for the leaderboard is by completing tasks. For instance, every winning spin will get you 5 points for the leaderboard. Three or more successive wins carry 20 points. Three or more consecutive non-winning spins will deliver 30 points. A big win of 10x bet or more is worth 100 points, and so on.

The trick is to collect those leaderboard points quicker than other gamers, because, usually, every online slot tournament is played in a specific timeframe. We will talk more about types of tournaments later, but every single one of them will make you collect points, or complete certain tasks in order to top the leaderboard and walk away with, hopefully, the main prize.

Types of Tournaments

Some of the most common types of tournaments will find their place in our text, but we urge you to remember that there are plenty of other competitions you can join that will not be mentioned here. We have already told you a bit about the sign-up freeroll tournaments, where you do not have to pay anything, but they rarely offer real cash prizes.

The most common type of online slot tournaments is the scheduled slot tournament. An online casino will give you a specific timeframe during which you can join a competition and battle for one of the prizes. Here, it is important to remember that you cannot enter a competition outside the scheduled timeframe.

Reloader tournaments and extender tournaments are something you can find in poker. In reloader tournaments, players are given a chance to pay your way back in once you lose all of your money. As for the extender tournaments, here you can buy some extras that will boost your chances of winning.

One-shot tournaments will give you only one opportunity to go through different levels and reach the final stage where you can win the prize. If you fail to pass any of the stages on the offer, you will be kicked out of the competition immediately. As for the Survivor tournaments, here we have a battle between two players, and the one who wins goes through to the next stage, while the loser is kicked out of the competition.

Hopefully, we have given you enough information about online slot tournaments that will encourage you to begin your battles against other gamers on various online casinos. This is definitely a perfect opportunity to win some extra cash while you are spinning the reels of your favourite video slots, and there is no reason for you not to take it.