GGPoker kicks off the third edition of the GGMasters Overlay Edition on Feb. 19 and the site is offering a guaranteed prize pool of $10 million. That doubles last year’s $5 million guarantee, offering plenty of value for a tournament priced at only $150.
Beyond that bang for the buck, as the name implies, the event features at least $1 million of guaranteed overlay as part of the prize pool. If the tournament reaches the guarantee, players can expect an extra million bucks added either way. GG ambassador Daniel Negreanu is making quite a promise of that.
“I promised last year that there would be a ton of value, but this year blows 2022 out of the water – we are doubling the guarantee to $10 million,” he said in a news release. “I’m so confident that this will miss that if I’m wrong and the prize pool reaches more than $9 million, I will personally use my own money to increase the final overlay to $1 million. That’s right – ‘DNegs’ is guaranteeing a $1 million overlay!”
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Details on GGPoker Overlay Edition
The Overlay Edition is part of GG efforts to reach online poker players of all levels. Starting flights for the Overlay Edition start Feb. 19 with several leading up to Day 2 on Feb. 27.
Players also have opportunities to get in the action at a much lower price point as well. Satellites are already running daily, with buy-ins starting at just $2.
This allows players of all levels to take a shot at securing a seat and playing for massive prizes. The site is even running hourly freerolls for a shot at qualifying without spending any cash.
What is an overlay?
Ina typical tournament, the overlay is what a casino adds to the prize pool should the event fall short of the guarantee. This is extra money put up to make sure the guarantee is met.
In essence, the Overlay Edition is promising an extra $1 million in the prize pool. The company is promising that “overlay” no matter if the tournament meets the guarantee of not.
“From Honeymoon Missions to daily leaderboards, GGPoker already gives back $10 million to our players every month,” GGPoker managing director Sarne Lightman said. “I am delighted to see this $1 million in overlay guarantee, and it’s yet another reason why every poker player should be playing at GGPoker. With a buy-in of only $150, this year’s $10 million GGMasters Overlay Edition is simply unmissable.”
Here’s a look at the complete schedule.
2023 GGPoker GGMasters Overlay Edition
Date Event Buy-in Guarantee
Feb 19 GGMasters Overlay Edition $150
[Day 1A, Asia]$150 $10,000,000
Feb 19 GGMasters Overlay Edition $150
[Day 1A, Europe]$150 $10,000,000
Feb 19 GGMasters Overlay Edition $150
[Day 1A, Americas]$150 $10,000,000
Feb 25 GGMasters Overlay Edition $150
[Day 1B]$150 $10,000,000
Feb 26 GGMasters Overlay Edition $150
[Day 1C, Asia]$150 $10,000,000
Feb 26 GGMasters Overlay Edition $150
[Day 1C, Europe]$150 $10,000,000
Feb 26 GGMasters Overlay Edition $150
[Day 1C, Americas]$150 $10,000,000
Feb 27 GGMasters Overlay Edition $150
[Day 1D]$150 $10,000,000
Feb 27 GGMasters Overlay Edition $150
[Day 1D, Last Chance]$150 $10,000,000
Feb 27 GGMasters Overlay Edition $150
[Day 2]$150 $10,000,000
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