Online Casino Tournament Selection
Tournaments are just as much part of wagering at online casinos as playing the games are. Online tournaments permit players to bet with lower investment as well as offering a chance to contend with other punters instead of wagering alone.
Therefore, most online casinos offer an array of tournaments and players have to find the online tournament most suited to them. Most online tournaments have a fully guaranteed prize pool that’s distributed amongst the winners in a consistent manner.
Return on investment is the most crucial criterion for evaluating an online casino tournament. In online tournaments which permit gamblers to play through just a single time, the entrance fee represents the total amount invested. However, many tournaments at online casinos are re-buy tournaments. This ensures that players can re-buy fresh stacks of chips by purchasing the extra re-buy fee should their stacks from earlier in the day be depleted.
Rebuys are optional and the full, total rebuy cost depends upon just how often the player rebuys. Here, every player will need to consider his wagering pattern. Should the player not choose to rebuy at all, then his investment remains the entry fee. Should the player determine that he typically rebuys five times, then his investment in the tournament would be the amount of the entry fee and five times the rebuy fee.
The 2nd step is to look for the return. The prize pool would seem to be a clear choice, but there are some issues with this. A single player can get merely a share of the prize pool and never the whole prize pool. If your prize pool has to be shared with a bigger than average quantity of players, then every player will receive a reduced prize amount.
Two ROI indicators are suitable though, and the player will have to select from them based on his temperament. One indicator may be the prize paid to the leader-board topper. The high risk, aggressive player would regard this as the indicator of return and wouldn’t want to consider winning the low amounts. This kind of player will take chances to be able to try for a top spot.
The more conservative player can consider the average payout as the indicator of return. This is the full total prize pool divided by the amount of players sharing it.
Having determined the indicators for investment and return, players have to combine them to calculate the true ROI.
The easiest one may be the ratio of the investment to the return. The bigger this indicator is for an online tournament, the more appealing the tournament is when compared with the others.
You will find two facets that have to be considered. The procedure of calculating the investment and the return should be uniform across all online tournaments. The player should also bear in mind (and take into account) that other facets could influence the selection of a tournament, like the tournament period and the designated game.