Online Poker Overlays Are Disappearing in NJ But There Is Still A lot Of Value On Sundays

August 31, 2017
Online Poker Overlays Are Disappearing in NJ But There Is Still A lot Of Value On Sundays

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On Sunday, more than half of the New Jersey online poker tournaments we track produced overlays. Last week, just three tournaments produced overlays. Yet, the amount of the overlays this week was less than last week.

The 14 Sunday tournaments US Poker tracks boast over $210,000 in guaranteed prize-money; the amount of overlay money handed out was just over $4,000. Last week New Jersey online poker operators totaled $5,500 in overlays on Sunday. Two weeks ago the combined overlay number was almost $15,000.

One of the big reasons the overlay amount has been shrinking is the performance of the Big 3:

  1. The Sunday $40k Guaranteed at party/Borgata/MGM
  2.  The $50k Guaranteed Sunday Special at PokerStars NJ
  3. The $40k Guarantee Warrior at 888/WSOP

Two weeks ago all three tournaments had significant overlays, totaling $8,200.

This week only one of the three produced an overlay, and it was under $1,500.

Borgata-party-MGM

The $40k Guarantee

The Borgata/partypoker/MGM online poker network hosts a $40,000 guarantee tournament every Sunday. The tournament has a $215 buy-in, $15 of which goes to tournament fees. That works out to a seven percent rake.

The network smashed its guarantee this past Sunday, as 229 entries generated a $45,800 prize-pool.

MTT

Start Time

Buy-In

GTD

Entries

Prize-Pool

Overlay

SUNDAY $40K GTD NLH [3X RE] + BONUS

5:00pm

 $215

 $40,000

229

 $ 45,800

Another schedule change at Borgata/party/MGM

After significant changes last week, the network tweaked its Sunday schedule again this week.

After adding a higher price-point, big guarantee event last week, the network decided to replace one of its other large no-limit hold’em tournaments with a smaller buy-in, smaller guarantee PLO event.

This week players at party/Borgata/MGM encountered the following changes:

  • The 8 p.m. Sunday Seconds has been replaced by the 8 p.m. Sunday PLO Bounty, which had a pretty significant overlay.

MTT

Start Time

Buy In

GTD

Entries

Prize-Pool

Overlay

SUNDAY STARTER $3K GTD [2X RE]

4:00pm

 $55

 $3,000

59

 $3,000

$50

Sunday $535 – $20K GTD [2x RE]

6:30pm

$535

$20,000

37

$20,000

$1,500

DAILY $10K GTD  [2X RE]

7:00pm

 $109

 $10,000

127

 $12,700

$3,000 GTD Turbo [2x RE]

7:30pm

 $55

 $3,000

64

 $3,200

Sunday PLO Bounty – $750 GTD

8:00pm

 $35

 $750

21

 $750

$288

partypoker offers $25 to new players. Sign up here. 

PokerStars NJ

The $50k Sunday Special

PokerStars is home to the largest weekly guaranteed tournament in the New Jersey market, which also happens to be the least expensive. The Sunday Special at PokerStars NJ features a $200 buy-in and a $50,000 guarantee, making it $15 cheaper and $10,000 richer than its competitors’ flagship Sunday events.

The tournament is raked seven percent, as $186 of the $200 entry fee goes to the prize pool, and $14 to tournament fees.

Even though attendance was up for the second straight week, there was still a $1,450 overlay in the PokerStars NJ Sunday Special. Another point of interest is how well its competitors’ big Sunday events are performing, as both eclipsed $45,000 this week.

MTT

Buy-In

GTD

Entries

Prize-Pool

Overlay

Sunday Special $50K GTD (Reentry)

$200

$50,000

261

$ 50,000

$1,454

More signature Sunday events from PokerStars NJ

In addition to the Sunday Special, PokerStars NJ hosts two other major Sunday tournaments with guarantees of $10k and $15k respectively. As is usually the case, the High-Roller easily met its guarantee, while the Sunday Warmup had a tiny, $172 overlay.

MTT

Buy In

GTD

Entries

Prize-Pool

Overlay

$500 Sunday High Roller (Reentry)

$500

$15,000

40

$18,800

$50 Sunday Warmup (Reentry)

$50

$10,000

216

$10,000

$172 

Sign up for PokerStars NJ here

Pala Poker

The tournaments may not have big prize-pools, but the site is more or less matching each player’s buy-in, as the tournaments continue to produce substantial overlays.

As it’s still in beta, Pala Poker is only offering a daily schedule at this point.

The daily schedule is highlighted by two $10 buy-in ($9 + $1), $250 guaranteed events.

Start Time

Tournament

Buy-in

Entries

Prize-pool

Overlay

  8:00 pm

 Nightly $250 Gtd NLHE Turbo

$10

10

$250

$160

  8:30 pm

 Nightly $250 Gtd (6-Handed) NLHE Turbo

$10

13

$250

$133

Sign up for Pala Poker here

Wsop.com-888Poker

The $40k Warrior

Every Sunday, the WSOP.com and 888Poker network host “The Warrior,” a $215 buy-in tournament with a $40,000 guarantee. The rake for the Warrior is the same seven percent that you’ll find at other sites.

The Warrior was just one entry shy of party/Borgata/MGM, and easily met its guarantee for the second consecutive week.

MTT

Buy-In

GTD

Entries

Prize-Pool

Overlay

$215 The Warrior $40K GTD (Reentry)

$215

$40,000

228

$ 45,600

Other signature Sunday events at 888/WSOP.com

WSOP.com/888 have two other big tournaments on its Sunday schedule, both offering guarantees of $10,000.

One of these tournaments had a modest $400 overlay this week.

MTT

Buy In

GTD

Entries

Prize-Pool

Overlay

 $50 Warrior’s Opening Strike (Reentry)

$50

$10,000

211

$10,000

$399.50

$100 Fierce Warrior  (Reentry)

$100

$10,000

125

$11,557

Additionally, once a month the network hosts the “Big Deal” a $500 buy-in with $30,000 guarantee.

Sign up for WSOP.com here

 

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