Slots tournaments http://www.deaf-treat-center.com I prefer slots tournaments Tue, 13 May 2008 15:03:18 +0000 http://wordpress.org/?v=2.3.3 en Increase your EV http://www.deaf-treat-center.com/increase-your-ev http://www.deaf-treat-center.com/increase-your-ev#comments Tue, 13 May 2008 15:03:18 +0000 admin http://www.deaf-treat-center.com/increase-your-ev I used to assume that tournaments were a waste of time. I viewed them as similar to the lottery because their main appeal is the chance to turn a small initial investment into an astronomical sum. Instead of trying to get rich quick, I made my first million the hard way - one chip at a time. I avoided shortcuts and methodically built up my bankroll to higher levels month after month.
I was dead wrong in my assessment of tournaments. They offer some of the best odds in the casino. But before you first start playing in tournaments, you need to find out how to evaluate a tournament to determine its profit potential. After you know that information, you can choose to play in only the most lucrative events.

The best way to evaluate the profit potential of slots tournaments is to take the total amount of prize money and divide it by the number of entrants (there often is a maximum number of players allowed). In most cases, your expected value (EV) is zero. In other words, the tournament returns roughly the same amount of money that it takes in. So if you’re an average player, you break even in the long run.

Fortunately, you can dramatically increase your EV in two ways:
- Lucrative overlays, any gambling situation that gives the bettor an advantage over the house
- Freerolls, tournaments that have no risk to you
The next two sections analyze overlays and freerolls and look how you can increase your EV.

]]> http://www.deaf-treat-center.com/increase-your-ev/feed Playing Tournaments http://www.deaf-treat-center.com/playing-tournaments http://www.deaf-treat-center.com/playing-tournaments#comments Sun, 11 May 2008 14:57:47 +0000 admin http://www.deaf-treat-center.com/playing-tournaments The bottom line: Before you even consider playing in a tournament, you need to find the right one for your skill level. For instance, if you’re a newer player, you may want to try a mini tournament first because the risk and time commitment is low. Walking away a winner from a tournament isn’t the easiest task — even if you’re a pretty good player. The prizes are very top heavy, and only a few players take home any cash. (For example, in smaller poker and blackjack tournaments, you must make the final table to get paid at all. In bigger events, you typically have to finish in the top 10 percent to receive any money.)

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