Exploring the Appeal of Low-Wager Tournaments

Tournaments are one of the most fun events in online casinos: you continue to play as you always do, but at the same time competitively try to get to the top of the leaderboard. When you do so, you get the chance to win a share of a huge prize pool in addition to the payouts in the games. But for these events to be both enjoyable and useful, their terms of use need to be fair, and low wagering rates are an important part of that. Here, we will explain why low wager tournaments are the better choice for Polish players. If you want to give them a quick start, you can take advantage of the Vulkan Vegas 50 free spins offer.

To explain why low wager tournaments are a better option, we need to start by explaining two basic concepts: tournaments and wagering requirements. Let's start with tournaments: these are events that are usually organized weekly and cover a specific type of game (usually slots). Their general functioning is as follows:

• As soon as a player starts playing one of the games included in the tournament, he is considered to have participated in the event and starts earning points.

• To earn points, it is necessary either to place a wager or win big - it depends on the tournament rules. For example, you get 10 points for every 100 PLN wager in the games or 10 points for every 200 PLN payout you win in the game.

• All participants continue to earn points until the end of the tournament and their ranking is determined accordingly. When the event ends, the prize pool (cash or free spins) is divided among the top 10 participants. According to the tournament rules, fewer or more players can also get a share.

Let's imagine that there are 100,000 PLN in the prize pool, and it will be divided equally only among the first five rankings: if you are in the top 5 at the end of the tournament, you will get 20% of it. But when it comes to withdrawing or using this money, you are introduced to a new concept: wagering requirements.

The cash prize you win as a result of a bonus or tournament cannot be withdrawn or used instantly - it is in a “locked” state, and you must unlock it first. To do this, you start playing games using your own money and are asked to keep doing so until the wagers you place in the games reach a certain total. The casino determines what this wager total will be and uses the “wagering rate” for this.

This rate is multiplied by your share of the prize to determine the wager total you need to reach. Let's give an example and assume that your share of the pool is 2,500 PLN. In this example, the wagering rate is 30x. In such a scenario, the calculation will be this:

• 2,500 x 30

• 75,000

This means that to withdraw or use your share of 2,500 PLN from the prize pool, you must first spend a total of 75,000 PLN in that casino. As soon as you reach this total, your share will be transferred to your real balance instantly: after that, it is no different from any other winning.

This explanation also shows why it is better to have lower wagering rates. How big or small the wager total you need to reach is determined by this rate. For example, in the example above, if it was 10x and not 30x, we would only need to spend 25,000 PLN - the difference is quite big. Low wager tournaments are events where the wagering rates are below the average, and the lower this rate, the better. In some online casinos, it is possible to find tournaments with ratios as low as 3x - 5x.

Completing the wagering process faster also gives you many other advantages. Because during this process, many restrictions are applied to the player's account. For example, you cannot place bets higher than a certain maximum limit in games without completing the relevant requirements, and you cannot even withdraw the money you win in the games you play. The sooner this process ends, the freer you will be. Low rates are also important in this respect.

For this reason, we recommend that before participating in a tournament at online casinos (no matter how big the prize pool is), you first read the terms of use and especially check the wagering rate. The general rule of thumb is that the lower the better. By paying attention to this, you can get a much more enjoyable and efficient experience.