GR8 Tech has introduced a new Casino Tournament Module, a robust in-house system enabling operators to independently create and manage tournaments tailored to their target audience and strategic objectives.
With customizable settings, it enhances player engagement and improves retention through competitive gameplay.
Operators can 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 $1.00 wagered equals one 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, operators have control over tournament setup, entry requirements and prize distribution to align with player preferences.
A real-time leaderboard keeps players engaged by displaying rankings and potential prize earnings based on tournament points, while automatic payouts provide a smooth post-tournament experience for players and simplify operators’ workflow.
The Casino Tournament Module provides additional operator benefits, including increased player retention by encouraging frequent participation in competitive events. Tournaments boost revenue by driving higher betting volumes, while providing valuable data insights into player behaviour, helping operators refine their marketing strategies and promotions.
By allowing users to compete for valuable prizes based on their betting activity, the Casino Tournament Module enhances the gaming experience and operator efficiency, making it an essential tool for online casinos aiming to grow and retain their player base.
