Guaranteed Poker Tournaments

Guaranteed tournaments are among the most popular poker tournaments for online poker players as well as live poker players. For poker players that prefer playing tournaments these tournaments are as good as it gets.

What Are Guaranteed Poker Tournaments?

Guaranteed poker tournaments are multi-table tournaments with a guaranteed prize pool regardless of the amount of poker players buy into it. Online poker sites offer guaranteed tournaments because their betting enough players will buy into the tournament to cover the prize pool.

For example, a $5.50 buy-in guaranteed poker tournament with a prize pool of $500 will need 100 poker players to buy into the tournament so the online poker room doesn’t have to give away money in a overlay.

What Is An Overlay?

An overlay is when a online poker site offers a guaranteed poker tournament. However, the amount of poker players expected to buy into it doesn’t. Let’s use the example above. A $500 guaranteed tournament with a buy-in of $5 + $0.50 entry. $5 goes towards the prize pool so the poker site needs 100 players to sign up for the tournament. However, only 50 players buy into the guaranteed poker tournament.

This mean poker players have added $250 to the prize pool and since the tournament is a $500 guaranteed prize pool. The online poker room has to add $250 to the prize pool to make up the difference.

Why Play Guaranteed Poker Tournaments?

There are 2 reasons to play guaranteed poker tournaments. The first one is overlays, you win more money for the same cash positions when their are less poker players in the tournament. The second reason is guaranteed poker tournaments have higher prize pools. It doesn’t matter if the tournament has an overlay or not. Most poker players want to play in a guaranteed tournament which on average means a higher prize pool than other poker tournaments.

Most online poker sites have huge guaranteed poker tournaments on the weekend ranging in buy-ins from $11 up to $550. The guaranteed prize pool for these tournaments range from $15,000 up to $1,000,000.

How To Find Guaranteed Poker Tournaments?

Sometimes it can be hard to find huge guaranteed poker tournaments that line up with your time to play poker. The best thing to do is sign up to 2 or 3 poker sites and split your bankroll between them. This will allow you to find more guaranteed poker tournaments during your free time. Remember all about poker deposit options to see if the poker room has the deposit method you prefer to use.

The first thing you want to do is visit a few of the poker rooms listed on this website, take a look at their tournament page, and find the guaranteed tournaments. Make sure at least 1 or 2 of the big guaranteed poker tournaments line up with the time you will be playing poker. Once you have found the 2 poker sites that fit your needs. Sign up using the poker bonus codes on this website and make your deposit. If you have a small bankroll then just pick one poker room that has the most low buy-in guaranteed poker tournaments. You can build your bankroll from there.

MDG

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Founder/CEO of MDG, professional writer, and sports handicapper as well as small stakes poker player.

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