Online slots tournaments are growing in popularity, which comes as no surprise since slots tournaments have long been a fixture in land based casinos. The advantages of playing in an online slots tournament are that the fixed entry fee (common for most slot tournaments) limits the amount you can possibly lose; you are involved in a competition against fellow slots gamblers; and you can win great prizes (plus these tournaments often pay out to a large number of contestants).
Online slots tournaments are played for either a prize pool of real cash, where there might be a number of winners, or for bonus cash, which will need to be redeemed by wagering a certain amount before it can be withdrawn.
Some online casinos also offer free slots tournaments where no entry fee at all is required. These freeroll slots tournaments are usually held for the benefit of a casino's regular online slots players, and are a reward for customer loyalty. Some casinos will however hold free online slots tournaments which anyone who is a real money player can enter. But there are slots tournaments with entry fees as low as $0.25 so entering one of these fun events will hardly break one's casino bankroll!
Online slots tournaments differ from one casino to the next. Some involve playing one slot game for a specific period of time, while other tournaments last a week and the winners are those who have wagered the most over that period of time. There are also sit 'n go slot tournaments which begin once a certain number of players, often as few as five, are entered.
Online slots tournaments can also involve rebuys, and some pay out as many as 300 prizes with prize pools running to thousands of dollars. There are tournaments to suit all budgets, as well as all styles of slot play, but they are all connected by being a lot of fun and a great way to play slots online.