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Poker
Move 1: Overlay Poker Tournaments
What
is "Overlay"?
Overlay is the extra money, above and beyond the amount that a poker
room collects from the combined player buy-ins, in guaranteed
prize pool tournaments.
If a poker room offers a tournament with a guaranteed prize pool,
it could potentially become an 'Overlay Tournament'. It all depends
on how many players actually register and buy-in.
An Overlay Tournament offers you more value than your buy-in
is worth on its face value.
Click here for
Bodog's Overlay Tournament Schedule.
Overlay Example:
$7500 Guaranteed Poker Tournament
Buy-In = $11 + 1
Entries needed to meet the guaranteed amount = 682
(682 x $11 = $7502)
Actual entries = 517
(517 x $11 = $5687)
$7500 - $5687 = $1813
Amount of Overlay
= $1813
In this example, $7500 is guaranteed amount in the prize pool but
only 517 people bought in. So, there is $1813 of 'Overlay Money'
added to the prize pool by the poker room (since the buy-ins don't
cover the guaranteed amount of $7500).
It's as if 165 people bought in and then busted out before the tournament
even started!!! This is the beauty of Overlay. There is a ton of
overlay money up for grabs all over the net and you should do yourself
a favor and take advantage of this positive poker move.
How
do I find Overlay Poker Tournaments?
The
first key to finding a tournament that has overlay is to find a
tournament with a guaranteed prize pool. Many poker
rooms offer these guaranteed tournaments, but just because a tournament
is guaranteed, doesn't mean it will have overlay.
As a matter of fact, most guaranteed tournaments will not have
overlay, but if you know where to look, you'll find more than
you can handle.
The best place online to find an Overlay Tournament is at Bodog
Poker. Bodog has guaranteed tournaments every day and the vast
majority of these will have overlay.
Bodog's Guaranteed Tournament buy-ins range from low stakes, ($5
+ .50 for a $2000 guaranteed tourney), up to the higher stakes,
like The $100,000 Guaranteed Tournament with a $100 + $9 buy-in.
The $100k guaranteed runs every Sunday Afternoon.
If you are a multi-table tournament player and you are not playing
at the Bodog Poker Room, then you are missing out
on one of the web's best kept secrets. Find a guaranteed tournament
that suits your bankroll and sign up to play now!
Here is a 1st
persons review of Bodog Poker - Home of the Overlay
Poker Tournament.
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