Online slots tournaments are a pretty common find these days. In other words, it’s not difficult to join a slot tournament on the internet, for just about every online casino (at least the better one’s), offer a slots tournament schedule.

Now, if you’re happy playing small stakes games with small guaranteed jackpots, your options are much better in terms of which online casino(s) you can join. But, if you’re out for the big winnings – I’m talking hundreds of thousands of Euros – there are only a small handful of slots tournaments that will satisfy your winning potential. And, there’s just one online slots tournament that guarantees to turn the first place winner into millionaire (that is, of course, unless they are not already a millionaire to begin with!).

The slots tournament being referred to is none other than the Grand Slam of Slots – and it’s right around the corner. Scheduled for October 22nd through November 2, 2009, the nearly two week long slots tournament is the biggest held all year long. In essence, the tournament started early in the Summer when many of Microgaming’s online casino licensees began hosting qualifier satellite tournaments still taking place to this day.

All Slots Casino, for instance, is hosting daily feeder tournaments, several of which are free rolls. Euro Casino, Ladbrokes, is also hosting qualifiers and has 100 seats to the final which they are giving out by draw. Players need not even join a slot tournament to enter. Simply wager at least 10 pounds inside the online casino between tomorrow and October 20th, and you will be entered into the draw.

In total, 8,700 players will compete in the Grand Slam of Slots, with the top 450 finishers guaranteed cash winnings. That’s the top 5%, which is certainly achievable to a dedicated and smart slots player. Of course, luck always helps out too! As mentioned, the first place winner will take home 1 million Euros, second place nabs a hefty 50,000, second runner up gets 25,000, fourth place grabs 10,000 Euros, and the list goes on. The minimum cash prize is 100 Euros.

There are several Microgaming online casinos participating in the Grand Slam of Slots, but OCS’s topmost recommendation is the Jackpot Factory’s eCOGRA approved, All Slots Casino.