Casino tournament as a term is sort of self-explanatory — it describes various tournaments that take place both in brick-and-mortar and online casinos.
Casinos host various casino tournaments to attract players. Naturally, as is the case with every other tournament out there, they offer prizes to the best players. In land-based casinos, the most common types of tournaments are poker tournaments. Players offer a buy-in of, let’s say, $100 and receive $25,000 in poker chips.
However, those chips cannot be cashed in since they are only meant to be used during a poker tournament. At the end of the tournament, the last remaining player or a few of them receive a portion of the total prize pool in accordance with the rules outlined by the tournament.
When it comes to online casinos, they often organise video slot tournaments. The player who ends up winning the most during a set period of time receives either additional prize money or free spins they can use on their favourite video slots.
There are numerous casino tournaments out there, and the details of each tournament vary from one casino to another, so make sure to ask the casino staff for details before you decide to participate.