GR8 Tech introduces its new Casino Tournament Module, a robust internal system that allows operators to independently create and manage competitions, tailored to the target audience and strategic objectives. With customizable settings, it enhances player engagement and improves retention through competitive gameplay.
The feature allows operators to fully create and customize tournaments by setting parameters such as tournament type, duration, and mechanics. In the Total Bet mechanics, players earn points on a one-to-one ratio: each $1 wagered equals 1 point.
The Win/Bet Ratio mechanics, set to launch in the fourth quarter of 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 into wins, encouraging strategic gameplay.
Prizes can be distributed through predefined fixed amounts for specific positions or through manual allocation, a future feature that allows 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 entries, conduct manual or bulk uploads, and maintain a list of blocked players. Moreover, 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 the workflow for operators.
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 volumes of bets, 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 activities, 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.
The comprehensive iGaming platform from GR8 Tech offers a wide range of functionalities to meet 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”, the company states.
GR8 Tech's iGaming software encompasses a variety 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
