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2010-02-28

Normally the regular online tournaments do not offer guaranteed prize pools in excess of $100,000. However, March Madness being hosted by Millionaire Casino next month will pay the top winner alone $150,000.

March Madness is an online slot tournament that will be played on Magic Monkey. The tournament is scheduled to begin at Millionaire Casino on March 1 and will run till April 1. The total guaranteed prize pool offered for this event is $300,000 and all this for an entry fee of only $10. Players will start with a balance of $50 in tournament money and try to increase it to the maximum amount they can. It is not a large starting balance so players will have to wager cautiously in the beginning and build up a balance before playing aggressively. March Madness is a rebuy tournament. Once a player’s balance reaches $5 he can rebuy by paying a rebuy fee of $10. He will be given an additional rebuy balance of $60 every time he rebuys. There is no limit in this slots tournament to the number of times that a player can rebuy.

The prize pool is being divided into two parts. $212,500 will be paid in casino credits and the balance $87,500 will be disbursed in bonus points. The casino credits portion of the prize pool will be shared by 20 players. The top winner will get $150,000. The next four players will receive $10,000. The next five players will receive $2,500 each and the next 10 players will receive $1,000 each. The bonus points part of the prize pool will be shared by a very large number of players. At the top 30 players will get 500 bonus points each and at the bottom 8,500 players will get 5 bonus points each.

Magic Monkey is a simple online slot game. It features a monkey who is a magician and the other symbols on the reels are the paraphernalia that he uses in his magic. They include a crystal ball, a spell book and magic potion. Magic Monkey offers many features that help tournament players to increase their balance very quickly. The Magic Monkey is the wild symbol and doubles payouts when appearing in winning combinations. There is also a free spins round that doubles payouts. The highest fixed jackpot pays out 6,000 coins.

Already over 225 participants have registered. Players can register at the last moment up to March 31 if they want to. Each player has his own concept about the appropriate time to enter the tournament. Some like to enter as early as possible and set a target for others. Other players like to wait till the end and then chase the target that has been set. Whatever the inclination, a tournament like March Madness does not come too often. Players should mark it down in their calendar.

Millionaire Casino is a leading brand of the English Harbour group. It is powered by Vegas Technology and licensed in the jurisdiction of Antigua and Barbuda.

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