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GGNetwork: $250,000 overlays in 3 tournaments

The summer of 2020 is ending, and online poker traffic is starting to decrease as usual. One of the signs is that poker rooms are suffering overlays in top MTTs. On June 21, 2020, only three major events on GGNetwork cost more than $250,000.

GGNetwork: $250,000 overlays in 3 tournaments

GGMasters overlays again

At the beginning of the year, GGMasters had several overlays; the total amount at the end of April was $450k. Despite that, GGNetwork increased the guaranteed prize pool to $500,000, and in May, it was smashed by almost $100k.

But, the seasonal decline in traffic and the post-quarantine are gradually taking the toll:

On June 21, 2020, GGMasters attracted 3,289 players with a prize pool of $453,882 ($46,118 overlay).

GGMasters Overlay

In other words, this event lost a thousand entries in one month. Surely in the future, the number of participants won't be the same, and by early fall, this tournament may double the size of overlays.

Two Multi MILLION$ tournaments overlaid for $216,389

But the main festival of overlays fell in two events of the new Multi MILLION$ series. GGNetwork had pay more than two hundred thousand dollars to cover the guaranteed prize pool, despite the fact that both tournaments have a multi-day structure.

  • High Roller MILLION$ $2M GTD, $500 buy-in, collected $1,816,875 ($183,125 overlay);
  • Global MILLION$ $1M GTD for $100 — gathered $966,736 ($33,264 overlay).

High Roller MILLION$ Overlay

As with GGMasters, overlays will only grow more in the coming months. And, we only took three tournaments, surely the entire overlay of the network was much higher. Although GGNetwork most likely won't reduce the guarantees, it will be interesting to see what strategies they deploy to reduce the overlays.

We invite our tournament grinders to play on GGNetwork with our goodies package:

  • VIP rakeback deal;
  • Private promotions and tournament tickets on our Telegram channel;
  • Professional support on all issues seven days a week.

Contact us to get a deal and start playing now:

Telegramalexey_wpd

WhatsApp+66658566798

Skypelive:newbheartstoned

Email[email protected]

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Vargoso 23.06.20
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