Live casino tournaments are one of the most popular live gaming options. During the tournament, participants are given a limited amount of time to test their skills and luck against other players. There are numerous types of tournaments, from freerolls to global events, such as the WSOP. Welcome to the live casino tournament guide – today, we are going to take a look at how does live casino tournaments work.
Live casino tournament guide: timeline
Real-life tournaments are never spontaneous. In order to conduct a successful event, casinos spend a lot of time and money on marketing campaigns and organization processes. At the same time, online tournaments can be both pre-planned and spontaneous. In case of a scheduled event, both live casinos and online gambling sites in the US firstly announce the prize pool. The prize pool depends on several factors, such as the number of contestants and sponsorship from other companies. Moreover, participants usually take place in different promotions while the event is advertised.
The prize pool is the amount of money that all players can win in a casino tournament. If the prize pool is $5,000, it will be distributed among the winners. Usually, players receive winnings in cash, but in some cases, casinos offer other prizes like all-expense-paid trips or even cars.
The size of the prize pool depends on a type of the tournament. For instance, Sit-and-Go tournaments have smaller prize pools than the pre-planned tournaments. An average Sit-and-Go player can win something between $10 and $1,000. At the same time, scheduled tournaments offer their players as much as $1,000-$10,000.
Besides, there are two types of prize distribution – fixed and proportional. In the first case, a winner receives a fixed amount of money, for example, $1,000 for the first place or $800 for the second place. In case of a proportional distribution, each player’s winnings are counted based on their position on the leaderboard.
Freeroll play vs. Buy-in
As we mentioned before, there are different types of tournaments. Most of the land-based casinos require an entry fee or a buy-in. However, these tournaments usually target more experienced players. There are also freeroll tournaments – here, participants don’t have to pay an entry fee. Online casino sites in the US usually conduct this kind of tournaments. For example, Intertops Poker offers daily freerolls and free tournament tickets for the first-timers. Moreover, freerolls suit for beginners, as
it is a great way to learn more about the world of gambling. Now, let’s move on to the main types of tournaments.
Sit & Go Tournaments
Sit’n’Go is a quick type of tournaments where a limited number of players compete within a limited timeframe. Timewise, there are three kinds of Sit’n’Go tournaments – regular, turbo and super turbo.
This kind of tournaments isn’t announced beforehand. Casinos usually just start Sit’n’Go competitions as far as there is the right number of contestants. Moreover, players can join competitions eve after it has already started.
Although some land-based casinos conduct Sit’n’Go tournaments, they are more common for online casinos.
As the name implies, scheduled tournaments are planned beforehand. Each participant must register and pay a buy-in, so the casino knows exactly how many players will play. This category includes freezeout and re-buy tournaments. In freezeout tournaments, a player is knocked put after they run out of chips, while in re-buys they can get back to the competition by buying additional chips.
Some of the casino tournaments last for more than a month, so it is definitely not a quick game. However, on the bright side, pre-planned tournaments usually have great prize pools. Besides, attending a real-life tournament is definitely a unique opportunity to meet other players and gain more experience.
Finally, live casino tournaments are a great way to rediscover your favorite table game and upgrade your gambling skills. Just make sure you are eligible for entry and pick the format that works for you. And if you want to learn more about the online casino tournaments, check out this article.