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Not all tournaments are created equal. You'll have to give them an in depth look to figure out if a tournament is a great deal for you. There are three basic sorts of tournaments.Free and Invitational Tournaments.Tournaments returning all entry fees. Tournaments that profit the casino.
Invitational tournaments are typically held as a reward or comp for loyal players or high rollers. These are by invitation only and never open to most people however some casinos offer free tournaments which might be open to most people. They hold weekly or sometimes daily tournaments in an effort to attract players into the casino. You probably have never played in a slot tournament before these free tournaments are a very good strategy to discover if tournament play interests you. Obviously they seem to be a great value. When you can spend time in a casino playing slots at no cost with the risk of taking home a prize, it should be a favorable expectation experience. When you don't win you might have still had the chance to enjoy yourself for a couple of hour without risking any of your personal money. Other tournaments require the participants to pay an entry fee.
The best paid tournaments to go into are those that give back all of the entry fees within the type of prizes. Many casinos will hold tournaments to generate additional business. They figure that if you are there waiting to play you'll likely doing some playing at the side. Casinos post the tournament rules and can list the prize structure with them. You'll be able to check out the prize structure of a tournament and determine how much is being returned to the players.
If the entry fee $100 per player and the prizes are in accordance with a complete of 200 players you'll be able to expect the prizes to total $20,000 if all of the money is returned. If all of the money isn't returned it would be best to evaluate what additional benefits you're moving into return to your money.
Some casinos offer a tournament package so as to include additional incentives, freebies and discounts. These can include: Discount or free hotel rooms.Welcome Party.Awards Banquet.Door prizes and raffles.
Lets take a look at a technique of evaluating a tournament. For those who enter a tournament for $100 and they're returning 90% in prizes but offering you a free room and awards dinner you will be getting an even return on you investment. Say the hotel room is $50 an evening and the dinner could be a $25 value. You're getting $75 worth of advantages lowering the price of your tournament to $25.
I have seen other tournaments where the cost of the advantages and freebies actually exceeded the cost of the tournament. These are an excellent value for the player.
The third form of tournament is person who the casino runs simply to make a profit. They take a large component of the entry fee but offer very little incentives in return for the player. All these tournaments must be avoided. Since there's a good deal of luck occupied with winning slot tournaments you wish to be sure to are becoming enough entertainment to your money. Shop around and find one who you are going to enjoy.
Slot tournaments are fun. Give it try.
Until Next time remember: Luck comes and goes.....Knowledge Stays Forever.
Read More... [Source: About.com Casino Gambling: What's Hot Now]
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