Poker players don’t get this opportunity often, but sometimes a poker player can make a financial advantage just by registrating for a Multi Table Poker Tournament
How is this possible? The answer is within the overlays given by guaranteed prizepools offered for some guaranteed poker tournaments
An example: On Sunday the 02/11/2008 the €250.000 Guaranteed Tournament at CelebPoker had a €320 Buy-In. 613 players registered for this tournament. Now the calculation fun begins!
First a player has to divide the offered Prizemoney with the number of players who registered. In this example: €250,000 / 613 players = €407.
This means that a players ticket is worth than €407. As your ticket costs €320, you are automatically gaining the equivilent of an extra €87 to pay for your entry (€407-€320 = €87). Ok, players don’t get the cash in the bank, but poker players do get it as an advantage for the buy-in as a player have less players to compete for the prizepool with.
Players can easily calculate the number of poker players that turns a guaranteed tournament + – 0 in added value if you divide the sum of guaranteed prizemoney with the Buy-In amount. In our example above it would be like this: 250.000 (€) / 320 (€) = 781.
That shows that when the number of players is equal or higher than 781 there is no added money in the prizepool. Therefore as a player you dont get this extra value overlay for your registration. When a player keep this kind of calculation in mind he can make use this overlay to his advantage by paying attention to the CelebPoker-MTT-Lobby.