Learn About Online Blackjack Tournaments Offering Impressive Prize Money
The technology behind online casinos has arranged for the online versions of different aspects associated with traditional casinos. Blackjack tournaments, after gaining popularity at land-based casinos, have starting earning fame at online gambling websites. To win handsome prize money at online blackjack tournaments, one needs to understand the betting system and build strategies required to think ahead of those in competition.
An advantage of playing Blackjack tournaments is that a small house edge is involved in them, directing the players to play against each other, and not against the dealer. In the end, the player with highest number of stocked chips is declared the winner. Another good aspect of these tournaments is that the awarded prize money is 100% of the cash collected as entry fees from the players, leaving no cash advantage fort the casinos. Besides, some casinos use it as a promotional strategy to contribute towards the prize money, when not enough players enter the tournament.
Basic Format
In a typical online casino Blackjack tournament, 6 or more Blackjack tables, each consisting of a fixed number of players, are set to begin. At the end of the first round, 1 or 2 players, with highest number of chips, from each table are allowed to move to the next round. After a number of similar rounds, the final round is played for the final prize money. Remember that at the beginning of each round, every player has equal amount of money to bet. Also, each round can involve 15 to 30 hands to be played.
Types of Blackjack Tournaments
Here are some of the popular types of Blackjack tournaments played live or at online casinos:
Single Table Tournaments Played at single table and in one level, these tournaments can be played in two different formats, including head to head or sit and go.
Multi Table Tournaments More than one table allow a fixed number of players per table to participate in multiple levels of Blackjack tournaments.
Elimination Tournaments Players from each table are eliminated at each level and finalists from each table are allowed to play for the final round.
Non-Elimination Tournaments As the name suggests, all the players stay in the game till end and one with most accumulated money is declared the winner.
Freeroll Tournaments Free to play, these tournaments offer guaranteed prize money and a great opportunity to learn the game.
Tournament Strategies
To increase your chances to win at a Blackjack tournament, you need to learn some important strategies, associated with seating positions, catch-up bets and free hits, among others. Managing your bankroll to end up with maximum number of chips is another important strategy to be learnt. Freeroll tournaments can be of great help to learn these strategies, if you get lucky to play against experienced players.