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If you are a craps fan, it is a good idea to enter a few craps tournaments as they are fun and generally pay out handsome winnings. There are many craps tournaments available both at land-based casinos and online casinos.
Land-based Casino Craps Tournaments
You can find a great variety of craps tournaments available at land-based casinos. These have varying entry fees and various size buy-ins. Many casinos host weekly craps tournaments with free entry and buy-ins as low as $50. On the other end of the spectrum, you can find craps tournaments with entry fees of $500 and buy-ins of $1,000. For that amount though, you can expect a large prize pool, with a first prize as high as $50,000 and other perks such as a hotel room, meals, a cocktail party and a gift.
The Aim of Craps Tournaments
The aim of craps tournaments is slightly different to that of regular craps games. In regular casino games, such as craps, the sole aim of the game is to be beat the house. If you beat the house, you win your bet and make money. While in craps tournaments you are also playing against the house, the aim when playing craps tournaments is to come out ahead of the other players. The player who has the most chips at the end of the tournament is the winner and so you need to win more than the others, or at least lose less than them in order to win. In other words, you need to beat the house while being aware of how the other players are doing and adjusting your game accordingly. A craps tournament is usually set by time (usually one hour) or by number of rolls (usually 100) and the player with the most chips at the end of this set limit, wins the tournament.
How to Choose an Online Craps Tournament
Craps tournaments are offered at many online casinos, from big popular casinos to small obscure sites. It is worthwhile to play online craps tournaments at a large respected online casino and not at the smaller obscure sites. This will help to ensure the quality of the tournament. Besides for the issue of the casino itself, you need to take into account other factors that may be more personal or subjective. You must decide beforehand how much money you have to spend on an entry fee and buy-in. What size prize pool are you interested in playing for and how many contestants do you enjoy playing against.
Understanding how your Craps Tournament Works
Make sure that you read and understand the rules of play for the craps tournament. These rules generally differ slightly from regular craps games and the rules tend to differ between casinos. Also, make sure that you understand how the prize money is divided. Some craps tournaments will reward all of the prize money to the winner while others will divide the prize pool between the top players. These figures may make a difference to you and so it is important to understand how the specific tournament works before you sign up.
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