How do cryptocurrency casino tournaments work?
Tournament play is all the rage at top cryptocurrency platforms. Not surprisingly, there are many different ways to participate in cryptocurrency competitions and tournaments.
If you are new to the concept of betting at Bitcoin and Ethereum, Dogecoin, Litecoin, and Bitcoin Cash casinos, then our little guide to casino tournaments will walk you through the process.
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Do all cryptocurrency casinos offer tournaments?
First, not all cryptocurrency casinos offer tournaments. However, this is not a situation unique to bitcoin betting sites.
Even conventional casinos in traditional currencies may not hold tournaments and competitions.
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The types of tournaments available to you (if any) vary from site to site. For this reason, we recommend that you play at the best casinos that are guaranteed to support them, like Bitcoin Casino.
What games can I play during casino tournaments?
In most cases, casino tournaments will revolve heavily around slot machines. The slots you can play each day, week or month (however long the tournament is) will vary.
Some of the best cryptocurrency betting sites will also offer table game tournaments, be it RNG (Random Number Generator) table games, live dealer games, or both.
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It is rare to see tournaments affiliated with other casino games, such as instant win titles.
Now that you know a little more about what's out there, it's time to take a look at the four most common tournament types at cryptocurrency casinos.
Ranking challenge (most wins)
Ranking challenges are the most common types of cryptocurrency casino tournaments. With these competitions, you will be rated based on the amount you have won playing qualifying games.
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The cryptocurrency casino players who are at the top of any leaderboard will be the ones who have won the most, and therefore the ones who pocket the prizes.
Ranking challenge (highest bet)
Sometimes the amount you bet will determine your position in a leaderboard in a casino competition. If this is the case, the cryptocurrency casino players who have bet the most will likely take the top spots and pocket the prizes.
Ranking challenge (based on points)
Instead, many casino tournaments award points based on your activities. These can earn you X points for depositing and a greater or lesser number of points for winning and wagering.
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Ultimately, the rules for these tournaments will vary, but again, it will be the players at the top of the leaderboard at the end of the tournament who take home the lion's share of any casino tournament prizes.
Prize draw competition
The last type of competition that you can find in cryptocurrency casinos is the raffle. These do not use leaderboards and are technically not tournaments as such. Instead, players will win a “ticket” to a raffle (essentially a raffle) when they bet, win, or deposit.
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Finally, the name of a player (or more) will be drawn to win prizes. Of course, the more “entries” or tickets you have, the better your chance of winning prizes at cryptocurrency casinos
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