Satellite tournaments are currently underway at Cherry Red Casino for their 7s Summer Series of Blackjack.

The $7,777 Summer Series Final will be held on October 1 2009 to decide the best blackjack tournament player at Cherry Red Casino. To take part in this great blackjack tournament you can either buy-in to final tournament for $110 or you can try your hand at the qualifying tournaments.

The qualifying tournaments, or satellites, consist of two levels. The first level is made up of initial daily satellite tournaments held on Mondays ($7 buy-in), Thursdays ($11 buy-in) and Saturdays ($22 buy-in), and more could be added depending on popularity.

Winners of the daily satellites will gain free entry to the Weekly Feeder Tournaments on Sunday. Players can also choose to buy-in to this tournament directly for $44. The top 5 players in the Weekly Feeder Tournaments will share in a $777 prize pool but only the top 3 will gain free entry to the $7,777 Summer Series Final tournament.

Once the 14 weeks of feeder tournaments is over, 42 players will have won their way in while others can buy-in. The top 12 players of the Series Final will share in the $7,777 prize pool, with the winner taking home $2,022.02.

The format of the blackjack tournaments that Cherry Red Casino uses features multi tournaments rather than signal tournaments. Multi tournaments require that you beat a full table of other players in order to advance. Each player gets 20 seconds to act and if you do not act in time the software will either place a minimum bet for you or possibly disqualify you. For each round of blackjack the first player to act will change. While you play against the dealer’s hand, winning the tournament depends on you having more chips than the other players. A certain number of hands are played each level and at the end of a level players with the least amount of chips will be eliminated. Full tournament rules can be found at the Cherry Red Casino website.

To take part in this fantastic blackjack tournament series head on over to Cherry Red Casino to start honing your blackjack skills. If you are a new player you can take advantage of their 100% first deposit bonus with up to $777 free or even try the special blackjack first deposit bonus of 200% with up to $1,200 free.