A slot tournament is a leaderboard competition in which players have a chance to win cash bonus money or free spins. Each tournament has a start date and an end date, which can vary depending on the casino or software provider.
In addition to this, each tournament comes with a prize pool, for example, $10,000 paid to the top 100 positions. To earn a place in a cash-paying or prize-paying spot on the leaderboard, each tournament comes with loose rules to follow.
Here are some of the typical rules you will find:
- Play only on qualifying slot games
- Place a minimum spin bet qualifier
- Only real money or crypto bets count
There are different ways to earn points on the tournament leaderboard:
- Single Spin-Bet Multiplier: These types of tournaments place the highest multiplier wins throughout the tournament. at the top of the leaderboard. This style of tournament is well suited to both budget players and high rollers.
- Collect Points for Multipliers: In this version of a slot tournament, every time you land a winning spin, the multiplier of your spin bet is awarded as points. As a result, you accumulate multiples the longer you play/ This style generally suits high rollers who have large balances to spin for longer than budget players and collect more wins.
- Earn Points for Bets: This is more of a high roller tournament, whereby you earn points for the size of your bet, for example, bet $10.00 = 10 points.
Tournaments are usually posted by either the casino or a software provider. If hosted by a software provider, these are known as network promotions and typically pay out with zero times wagering; therefore, you earn cash that you can withdraw immediately.
Key takeaway: If you enjoy competition and social play, slot tournaments add an extra layer of excitement beyond standard slots. Check out current tournament promos to see what’s running now.