High-Stakes Online Backgammon Tournaments
One of the big attractions in backgammon online money play is large prize pools.
Many backgammon gambling sites are of course trying to draw in players with such large prizes. In many respects, they are emulating the traditional casino game of poker.
Backgammon Tournaments - General Information
All of these backgammon tournaments have fairly short backgammon matches, usually 3 points, getting as long as 5 or 7 in later rounds. This makes the luck factor very significant, and obviously will bring more of the gambling aspect to these tournaments, when you have to pay an entry fee to a tournaments, and relay more on luck rather then skill to win.
Obviously, this is good for the weaker backgammon players, and not as good for the stronger players. Also, be sure to read the tournament details carefully. Sometimes the tournaments can be a good deal if the entry fees don't add up to the guaranteed prize money. For example, the GammonEmpire tournament guarantees $50,000 in prize money and has a $175 entry fee. If fewer than 285 players sign up, this makes it a good deal for the players because GammonEmpire is adding money to the prize pool.
GammonEmpire Regular Tournaments
GammonEmpire, an online backgammon gambling site began last year with increasingly large backgammon tournaments, going from a monthly $25,000 tournament to $30,000 and so on, and eventually to $100,000. They seem to have found the limit, as they cut the $100,000 tournament back to once every other month, and now have a $50,000 tournament every other month. Still, that is quite a lot of money to be playing backgammon for.
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TrueMoneyGames Regular Tournaments
TrueMoneyGames is holding a tournament they call the World Online Backgammon Championship. This has a $20,000 prize pool, and the winner gets (I think) free entry to the World Backgammon Championship in Monte Carlo and additional money for airfare and hotel.
Both of these tournaments have satellite qualifiers. This means that you play in a lower-stakes tournament with the prize being an entry to the higher-stakes event. Here you can read a review on TrueMoneGames
BackgammonMasters Regular Tournaments
BackgammonMasters has some other promotions, but I'm not sure what they all are. They have one called the $101,000 Backgammon Marathon 101. Beware of this, as the rules make it almost impossible to win. It will not even be held until a very large number of players qualify by referring other backgammon players to the site. Then, to win the event you have to win 7 out of 20 tournaments with 128 players. The odds of winning 7 of 20 tournaments, if your chances of winning one tournament are 1 in 128, are slightly better than 1 in a trillion. If you are a better-than average player and can win the tournament 1 time in 64, your odds go up to one in 2.6 billion. If you are a really good player and can win one time in 20, your odds against are "only" 1 in 350,000, now that is encouraging backgammon odds?!