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Online Casino Tournaments: Brief History & More!
Since the dawn of online casinos, players have been clamoring for tournaments. These events provide a chance to test one’s skills against other gamblers in a race to the finish, with the thrill of victory magnified by real money prizes.
Below is the history of online casino tournaments:
A brief history of online casino tournaments
The first online casino tournament was held in 1998 by the now-defunct Planet Poker; this event, called the “Interplanetary Poker Tournament,” had a $100 entry fee and a $10,000 prize pool. Thirty-seven players entered, with the winner taking home $5,000.
The success of the Interplanetary Poker Tournament led to more and more online casinos holding their tournaments. These events became increasingly popular as they offered players a chance to win big money without risking much of their bankroll.
By the early 2000s, online casino tournaments were being held regularly. They came in all sizes and shapes, with buy-ins ranging from a few dollars to hundreds. Some games were open to all comers, while others were invite-only affairs for the most dedicated (and bankrolled) gamblers.
They’re held regularly at most major casinos, with prize pools often exceeding $100,000. And with the advent of mobile gambling, tournaments can now be enjoyed by players anywhere in the world.
The different types of online casino tournaments
There are many different, each with its benefits and drawbacks. Here is a brief guide to the different types of online casino tournaments:
Sit and Go Tournaments: Sit and go games are usually played on a single table with several players. The goal is to accumulate the most chips within the set time limit. The prizes are typically awarded to the top three finishers.
Guaranteed Prize Pool Tournaments: Guaranteed prize pool tournaments are larger-scale tournaments with a set prize pool that the casino guarantees.
These tournaments typically have a more significant buy-in and attract more serious players. The substantial prize pools can make these tournaments lucrative for the top finishers.
Re-buy tournaments allow players to purchase additional chips if they run out of chips during the game. These tournaments typically have a higher buy-in and longer time limit than sit-and-go tournaments. The prizes are usually awarded to the top three finishers.
Free roll Tournaments: Online casinos and Online slots usually offer free roll tournaments to attract new players. These tournaments do not have buy-in and are open to all players. The prizes are typically awarded to the top three finishers.
How to get started in playing online casino tournaments
Most online tournaments are free to enter, and some even offer guaranteed prize pools. To get started in online casino tournaments, simply find a contest you’d like to participate in and register for it. Once registration is complete, you’ll be given a set amount of tournament chips.
The game aims to finish the tournament with more chips than any other player. To do this, you’ll need to play your chosen casino table game(s) and try to build up a big stack of chips. The tournament will usually last for a set time, after which the top players will share the prize money. Remember, if you want to know more about Vegas Aces, check our social media and be aware of every news.
FAQs Online Casino Tournaments
Yes, online casino tournaments are fair. The casinos use a number generator to ensure the games are fair. The casinos employ a leaderboard system to track each player’s progress. This leaderboard system ensures the tournament results are fair.
Prizes can vary greatly. They can be anything from cash prizes to luxury vacations. In some cases, the award may be an entry into a larger tournament, such as the World Series of Poker.
The main drawback of playing in a casino tournament is that the buy-in fees can be expensive. The competition can be fierce, and winning is not always easy.