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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 varieties of tournaments.Free and Invitational Tournaments.Tournaments returning all entry fees. Tournaments that profit the casino.
Invitational tournaments tend to be 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 can be open to most of the people. They hold weekly or sometimes daily tournaments so 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're a great value. While you can spend time in a casino playing slots totally free with the danger of taking home a prize, it needs to be a favorable expectation experience. In case you don't win you've got still had the chance to enjoy yourself for a couple of hour without risking any of your individual 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 will likely performing 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 line 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 the entire money isn't returned it would be best to evaluate what additional benefits you're stepping into return to your money.
Some casinos offer a tournament package that allows you to include additional incentives, freebies and discounts. These can include: Discount or free hotel rooms.Welcome Party.Awards Banquet.Door prizes and raffles.
Lets have a look at a technique of evaluating a tournament. If you happen to enter a tournament for $100 and they're returning 90% in prizes but offering you a free room and awards dinner you can be getting an excellent return on you investment. Say the hotel room is $50 an evening and the dinner could be a $25 value. You might be 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 a fair value for the player.
The third form of tournament is one who the casino runs simply to make a profit. They take a large section of the entry fee but offer very little incentives in return for the player. These kinds of tournaments need to be avoided. Since there's a good deal of luck taken with winning slot tournaments you wish to be sure you have become 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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