For our competitive gamblers, we list casino tournaments that are currently running at UK casino sites that offer speedy withdrawals. These are tournaments where you are pitted against other players and compete for top spots on a leaderboard in order to win various prizes.
By regularly visiting reliable online casinos that pay out winnings within 24 hours at most, we stay up to date with their latest casino tournaments and put them live on this page whenever a new one launches. We also rate them based on their rules and prize pools so that you can find the best tournaments with ease.
What Are Casino Tournaments and What Can I Expect to Find?
Casino tournaments come with a wide variety of rules that can make one tournament completely different from another. However, the essence of them all is the same. You spin on slot machines or play live casino games in order to score points on a leaderboard. If you rank high enough on this by scoring more points than other players, you win a prize, such as free spins or cash.
All casino tournaments are time-limited with some only lasting for about an hour, while others can go on for a week or even several weeks. The way that you gather points and participate in tournaments can be very different from one to another. Let’s look at a few examples:
Example 1 (slots)
Casino tournaments like these can be found at PlayOJO.
Example 2 (slots)
A big win would be considered a certain multiplier of your won amount divided by your stake. For instance, if you bet £1 and win £20, that would be a 20x win multiplier. Depending on the rules of the tournament, this could be counted or not counted as a big win.
Example 3 (slots or live casino)
Example 4 (slots or live casino)
How Much Can I Win in Casino Tournaments?
The prizes in casino tournaments can vary widely. Those that run several times per day normally don’t come with a top prize higher than £300. But there are also tournaments with massive prize pools of up to £500,000 where winners can score £20,000 or similarly.
The tournaments with the biggest prize pools are normally not hosted by the online casinos themselves even if they may be promoted on the casino sites. Instead, it’s a game provider such as Pragmatic Play, Booongo or Fugaso that hosts it.
This means that players across all casino sites that are partnered with the game providers are competing against each other. Thus, it is much more difficult to end up as a winner than in tournaments that are just running locally at one casino.
Do I Have to Wager the Money I Win?
Whether or not a wagering requirement applies to the prizes you win from casino tournaments will vary from one to another. Those tournaments that are hosted by game providers normally don’t have wagering requirements tied to them as it is the provider and not the casino that is paying out the prizes.
However, with tournaments hosted by casinos, it is not unusual for a wagering requirement to apply even if wagering-free rewards are just as common. This means that the cash you win from the tournament or the money you end up winning from the free spins that were rewarded as a prize has to be staked a number of times before being withdrawable.
For instance, it may be that you win £1,000 from the tournament which must be wagered 30 times before it is possible to withdraw. In such case, you would have to stake a total of £30,000 on casino games and hope that once the wagering is done, your prize is intact (or even increased if you’re lucky).
Choosing the Right Casino Tournaments: 3 Things to Consider
To get the most value out of a casino tournament it is crucial to pick one that comes with favorable rules that align with your particular playstyle. Here are three things to consider before participating:
- What your chances of winning are
Some casino tournaments clearly favor players that have a big budget, such as those where win conditions are to bet the most money. If you’re a high roller, this is the type of tournament you would like to participate in as your chances of winning a prize would be high. However, if you’re on a tight budget, you would have no shot at winning and might not get any prize at all. On the other end of the spectrum, there are casino tournaments where luck is the main deciding factor. For instance, where you get a limited number of spins and your stake doesn’t matter for the score. These are fantastic for players on a budget as everyone has an equal chance of winning.
- Which games the tournaments are eligible on
With most casino tournaments, you must play certain games to score points. As different games have different payout percentages (RTP), this is important to consider. If all tournament-eligible games have an RTP of 94%, it may not be worth participating as you would be expected to lose too much money compared to just playing 96% RTP games (which is the standard).
- If prize money must be wagered or not
The value of a tournament where prizes have to be wagered before being withdrawable is totally different from one where the prizes can be instantly cashed out. If you plan on continue playing at the casino, you might not mind the wagering requirement at all. However, it is always worth considering when choosing what casino tournaments to participate in.