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Overlay hunting: Extra value on Winning Poker Network

MTT grinders are always looking for extra value in games. It could come in the form of promotions, rakeback, but its purest form is tournament overlays, meaning that a poker room could not cover the guaranteed prize pool with entries.

Overlay hunting: Extra value on Winning Poker Network

Winning Poker Network: $100,000 tournament overlays

The US-friendly site Winning Poker Network has one of the best MTT grids on the market. The overall guaranteed prize pool is almost four million dollars per week, and there are events for all types of players, from beginners to high rollers.

WPN also hosts The Venom, a massive event that nearly hit the $10M mark last summer.

During routine checks by our scouting team, overlays of 17% on average drew our attention. The gap between the guaranteed prize pool and the participants was present on events in all stakes and formats, being the largest in PLO tournaments.

WPN Tournament Overlays

The $20,000 GTD PL0 6-Max event drew a field of 41 players who paid a $300 + $20 buy-in, resulting in a 39% overlay or $7,700 of extra value, and not even considering the rake (which does not count towards the prize pool) the tournament was able to cover the guaranteed one.

A similar situation was spotted at the Special – $25,000 GTD with 1,811 participants and a $10 buy-in, 28% overlay. We have compiled the following table so that you can check for these events in the future for overlay hunting.

Date Event Buy-in (without rake) Players Overlay $ Overlay %
8/09/20 $20.000 GTD PLO 6-Max $300  41 $7.700  39%
8/09/20 $3.000 GTD $3  645 $1.065  36%
8/09/20 $3.000 GTD Turbo Mega Stack 6-max $15  132 $1.020  34%
5/09/20 Special - $25.000 GTD $10  1.811 $6.890  28%
8/09/20 $10.000 GTD - 2HR LR $15  498 $2.530  25%
8/09/20 $4.000 GTD - PLO8 $15  205 $925  23%
5/09/20 $10.000 GTD - Freezeout $20  398 $2.040  20%
8/09/20 Extreme Tuesday $70k GTD $1.000  56 $14.000  20%
8/09/20 $50.000 GTD - 4HR LR $30  1.379 $8.630  17%
8/09/20 15.000 GTD $50  251 $2.450  16%
5/09/20 $50.000 GTD - 4HR LR $30  1.421 $7.370  15%
8/09/20 $10.000 GTD - Freezeout $20  430 $1.400  14%
8/09/20 Special - $80.000 GTD $50  1.377 $11.150  14%
8/09/20 Extreme Tuesday - $20.000 GTD $15  1.163 $2.555  13%
8/09/20 Extreme Tuesday $40k GTD $50 707 $4.650  12%
8/09/20 $20.000 GTD Turbo PKO $200  89 $2.200  11%
5/09/20 Special - $50.000 GTD $80  569 $4.480  9%
8/09/20 $20.000 GTD - 2HR LR $80  228 $1.760  9%
8/09/20 $4.000 GTD Turbo PKO $10  366 $340  9%
5/09/20 $20.000 GTD - Hyer Turbo $20  921 $1.580  8%
5/09/20 $100.000 GTD - 5HR LR $200  478 $4.400  4%
8/09/20 Special - $50.000 GTD $80  601 $1.920  4%
      TOTAL $     91.055  Average 17%

Overall, last week we spotted tournament overlays of almost $100,000 on Winning Poker Network.

It's worth noting that on September 8, 2020, WSOP Online is now over and we have only included the most significant overlays in our analysis, so there could be a lot more hidden value in WPN tournaments.

This week begins a a $50M PKO tournament series on Winning Poker Network, and according to partypoker's experience last year, there is a big chance that tournament overlays be permanent from September 9 to November 1 while the series is played.

Also read — MoMoMo PKO Tournament Championship Series $50 Million GTD

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Vargoso 09.09.20
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