Online casino tournaments for slots are based on the idea that you'll compete against other players to see who has the right combination of skill and luck to perform the best over a set period of time. Usually you're given a starting stack of tournament chips, and you have to play through these tournament chips to run up the most winnings you can. While there is definitely a luck aspect to this, there's also some skill involved when it comes to choosing your bet sizes for each spin. Essentially, you're deciding to go with a high-volatility approach with larger bet sizes or a low-volatility approach with smaller bet sizes.
With that having been said, there are plenty of different formats for tournaments. If you don't like one particular format, then there are normally plenty of others to choose from.
How Do You Enter Online Slot Tournaments?
If you see a tournament event below that you would like to join, then all you have to do is log into the respective online casino and check out the tournaments section of the software. You'll be asked to pay an entry fee to take part in the event, though many tournaments are freerolls and have no price for joining. Once you're in, it's time to start playing.
Some events will have a time limit, so you'll need to get to playing as soon as you can if that's the case. You'll play through your tournament chips while running up the most in winnings that you can. The players with the most winnings from their tournament chip play will be placed on a leaderboard, and this leaderboard determines the prizes that are won.
Other Tournament Formats
Another format that's sometimes used, especially with events ran by casinos that use the NetEnt software, is based on your best 20 consecutive spins with normal real money play. The way they do this is they divide your total payouts by your bet size to get a normalized value that's used for leaderboard rankings. This puts high stakes and low stakes players on the same playing field, so everyone is able to compete for the same prizes without tapping out their bankrolls trying to keep up with someone who has plenty of money to deposit.