Skill Games Cash Prizes: How Are Prizes Distributed?

By Sean Goudeloc

The chance to gain skill games cash prizes are offered at various online games and tournaments. But how are these things distributed to the winners of these types of online games?

In order to get a good grasp on how things are done at sites offering skill games cash prizes, it’s a must to know the different gaming tournaments and challenges beforehand.

Typically, these online games of skill are offered in daily, weekly and monthly tournaments where the gaming participant can earn a considerable amount of skill games cash prizes and other awards. Aside from these, annual challenges for these types of virtual games are also given to those who are ready to take on a more difficult challenge and compete with more members.

Daily tournaments have two categories – the challenges that would give cash to the participants and the challenges that do not offer monetary gains as an award. For the former, winners would receive cash that would depend on a progressive mode of distribution. Often, this would include the cash fund set by the site sponsoring the games and a percentage of the amount garnered from the entry fees of other participating members of those games. This simply means that when there are more gaming participants for the challenges, the possible gains of a winner would be more.

The number of winners for the online games is often set by the gaming site. This may be set as a percentage amount such as 40% of the participants would be the winners of a particular game. It may also be done in numbers: For example, for this game, there would be 30 winners (regardless of the number of gamers who joined that particular gaming challenge).

Distribution of cash awards for the daily tournaments may depend on two important things to take note of that comprises the rules of the game: It may be distributed as an equal amount or it may be based on increasing amounts garnered from the gaming challenge.

If the first mode of distribution is set by the gaming portal hosting the games, then, winners would receive their cash awards that would be equal to the game’s cash fund and the number of winners. If the second mode is followed, where the award is dependent on the increasing amounts in the gaming challenge, there are a few steps that may have to be included in the calculation and distribution of prizes to the winners. These steps may include calculating the total weight points of the winners in the game. Weight points are those points based from the number of position of a particular gaming winner. Often these steps are set at the rules and regulations of the gaming site, and are made available once a gaming participant would enter the game.

For weekly, monthly and annual challenges, the prizes for cash are often fixed. Basically, weekly gaming challenges are around $300. Prizes for monthly gaming challenges are around $1,000. And the annual challenges give winners the chance to bag around $30,000.

Prize distribution of skill games cash prizes depend on a lot of factors and, as mentioned, these can be read and reviewed upon entering a particular gaming tournament so that everything is understood.

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