The General Principles That Govern Casino Tournament StrategyBy: Ryan Alders, Thursday October 10th 2013
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Whenever you play in casino tournaments, you have to be aware that the correct strategies can often change based on how the payouts are structured and how the prizes are awarded. Instead of each individual bet having its own value put up against the house odds, you're playing against other players. Individual bets have a different value than normal because they have to be taken in the content of the entire event. Here we're going to show you some general principles that you can use to help determine how to make strategic adjustments when you play in casino tournaments.
The first thing to do is decide if it's a true tournament or just a leaderboard competition. Some online casinos will advertise promotions that they call tournaments that really aren't. A tournament pits you against other players to see who will perform the best, and a leaderboard competition is mostly just based on how much you play. If the contest is decided by who plays the most spins or puts up the most money, then there's no real skill involved because it's not actually a tournament. Make sure that you know exactly how the prizes are going to be rewarded before you decide to play in these events.
Once you confirm that you are actually playing a tournament, you need to decide if you're going to be playing head-to-head or if you'll be playing in a pool of players. With head-to-head play in a game like roulette or slots, whenever you have the lead, it's much more important to play conservatively because the odds are on your side. You don't want to risk everything with a bunch of big bets that you don't actually need to make in order to win. Force your opponent to risk his tournament life to catch up to you, and the odds will be on your side in the process.
In pool play, you have to remember that you aren't necessarily trying to win with your bets. Instead, you're trying to get as much value as possible based on however the game pays out prizes. Start off in these events by reviewing the payout schedule and know exactly what place you have to be in if you want to win. Then as the tournament starts coming to an end, take the appropriate risks needed to make sure that you end up in the money payouts.
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