The feature enables operators to create and fully customize tournaments by setting parameters like tournament type, duration, and mechanics. In the Total Bet mechanic, players earn points at a one-to-one ratio: every $1 wagered equals 1 point.
The Win/Bet Ratio mechanic, set to launch in Q4 2024, calculates points based on the ratio of winnings to total bets in each game round. Players earn points based on their efficiency in converting bets to wins, incentivizing strategic gameplay.
Prizes can be distributed through fixed amounts pre-defined for specified positions or through manual allocation, an upcoming feature allowing operators to assign prizes based on player performance after the tournament.
The module also provides flexible participant management, allowing operators to enable open or targeted entry, conduct manual or bulk uploads, and maintain a blocked players list. In addition, it gives operators control over tournament setup, entry requirements, and prize distribution to align with player preferences.
A real-time leaderboard keeps players engaged by displaying their rankings and potential prize earnings based on their tournament points, while automatic payouts provide a smooth post-tournament experience for players and simplify operators’ workflow.
The Casino Tournament Module provides additional benefits for operators, including increased player retention by encouraging frequent participation in competitive events. Tournaments also boost revenue by driving higher betting volumes, while providing valuable data insights into player behavior, helping operators refine their marketing strategies and promotions.
By allowing users to compete for valuable prizes based on their betting activity, the module enhances the gaming experience and operator efficiency, making it an essential tool for online casinos aiming to grow and retain their player base.
GR8 Tech's comprehensive iGaming platform offers a wide range of functionalities to suit the needs of the industry. “We leverage our decades of experience in iGaming software development to provide cutting-edge solutions that meet the exceptional requirements of iGaming businesses,” states the company.
GR8 Tech's iGaming software encompasses a range of features and tools, including advanced gaming software, user-friendly interfaces, robust back-end management systems, secure payment gateways, real-time analytics, and player engagement tools.
Source: GMB
