Online Tournaments Versus Wagering Contests

Online Tournaments Versus Wagering Contests

Casinos offer wagering contests and online tournaments as promotional activities. There is an underlying similarity in both. You play at the online casino and at the end of the promotion period you are ranked on a leader board according to a given criterion. The designated number of top players on the leader board then shares the prize pool. However, there are basic differences between the two as well. This article takes new players through both these online promotions.

In online tournaments you have to register and pay the entry fee, also called a buy-in. Some tournaments called freerolls do not take any entry fee. You are then given a fixed number of chips. All players participating in the tournament start with the same number of chips. This eliminates any bias towards high rollers. You are given a fixed time or number of spins to play with these chips on a designated game. At the end, all the participating players will be ranked on the leader board based on their chip balance. If a player has lost all the chips then the balance becomes zero. The final chips cannot be encashed. They are used only to determine leader board ranks. The tournament rules specify how many players will share the prize pool and in what manner. The only liability of the player is the entry fee and the winners only share the prize pool. The amount won is the important criterion. Get casino no deposit bonus poland.

In the wagering contests players usually have to opt-in from the online casino web site. There is no entry fee levied. Though, in some cases a deposit may be required. You have to wager with your own funds. As you play the range of eligible online casino games you will earn points. Wagering $X will award one point. At the end of the promotion, all the participating players will be ranked on the leader board based on the number of tournament points earned. Sine, the more you wager the more points you earn, this definitely creates a bias towards high rollers. You need to be a bit careful of participating in such contests if you have a smallish bankroll. The tournament rules specify how many players will share the prize pool and in what manner. You are using your money to play the games. The losses and wins from this wagering are yours. The amount wagered is the important criterion. Get casino no deposit bonus poland.