Pala Poker Is Doubling The Number Of Daily Online Poker Tournaments It Offers

July 28, 2017
Pala Poker Is Doubling The Number Of Daily Online Poker Tournaments It Offers

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Beginning on Monday, August 7, Pala Poker’s recently launched New Jersey online poker site will double the number of daily tournaments it currently hosts.

Among the new additions are a number of lower price-point events. The number of poker tournaments Pala offers under $5 will increase from one (a single $1 tournament with a $100 guarantee) to eight, including four daily tournaments with a $.50 buy-in and a $50 guarantee.

Once the changes go into effect, Pala Poker players will be able to choose from 14 daily tournaments every single day, a 100 percent increase over the site’s current daily tournament schedule.

Pala fights for market share

Launched in June, Pala is the newest entry in the already crowded New Jersey online poker market.

The launch of online poker had less to do with generating revenue and more to do with field-testing its proprietary software. That said, Pala is still trying to find its footing in the rough and tumble New Jersey online poker market.

Guaranteed prize-money decreases

The new schedule not only increases the number of tournaments the site hosts, it also “corrects” the site’s tournament guarantees. Currently tournament guarantees are responsible for Pala giving away a lot of money in overlays.

With that in mind, even though it’s doubling the number of daily tournaments it’s offering, Pala is reducing the total amount of guaranteed prize-money it’s giving away.

Under the old schedule, Pala hosted seven daily tournaments with a total guaranteed prize-pool of $1,700. The new 14-tournament schedule will guarantee $1,600.

So, with cash game traffic measuring in the single digits outside of peak hours, and it’s guaranteed tournaments offering sizable overlays, Pala’s new tournament schedule seems like an effort to self-correct, and adjust to the reality of the tepid New Jersey online poker market.

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Comparing Pala Poker’s old and new tournament schedules

Here’s Pala’s old schedule, which will end on July 30:

  Time   Tournament  Game Type  Total Buy-In  Guarantee
  4:00 pm   $200 Gtd Turbo Rebuy   Texas Hold’em NL   $5   $200
  5:00 pm   $200 Gtd Turbo Rebuy   Texas Hold’em NL   $5   $200
  6:00 pm   $500 Gtd Rebuy   Texas Hold’em NL   $10   $300
  7:00 pm   $100 Gtd Deep Stack   Texas Hold’em NL   $1   $100
  8:00 pm   Nightly $500 Gtd Turbo   Texas Hold’em NL   $20   $500
  9:00 pm   $200 Gtd Turbo Rebuy PLO   Omaha PL   $5   $200
  10:00 pm   $200 Gtd Turbo   Texas Hold’em NL   $10   $200

 

And here’s the new schedule that will replace it beginning July 31:

  Time   Tournament  Game Type  Total Buy-In  Guarantee
  4:00 pm  $100 Gtd Turbo Rebuy  Texas Hold’em NL   $2.5   $100
  4:30 pm  $100 Gtd (6-Handed) Turbo Rebuy  Texas Hold’em NL   $2.5   $100
  5:00 pm  $150 Gtd Turbo Rebuy  Texas Hold’em NL   $5   $150
  5:30 pm  $150 Gtd (6-Handed) Turbo Rebuy  Texas Hold’em NL   $5   $150
  6:00 pm  $50 Gtd Deepstack  Texas Hold’em NL   $0.50   $50
  6:30 pm  $50 Gtd (6-Handed) Deepstack  Texas Hold’em NL   $0.50   $50
  7:00 pm  $50 Gtd Deepstack  Texas Hold’em NL   $0.50   $50
  7:30 pm  $50 Gtd (6-Handed) Deepstack  Texas Hold’em NL   $0.50   $50
  8:00 pm  Nightly $250 Gtd Turbo  Texas Hold’em NL   $10   $250
  8:30 pm  Nightly $250 Gtd (6-Handed) Turbo  Texas Hold’em NL   $10   $250
  9:00 pm  $100 Gtd Turbo Rebuy PLO  Omaha PL   $2.5   $100
  9:30 pm  $100 Gtd (6-Handed) Turbo Rebuy PLO  Omaha PL   $2.5   $100
  10:00 pm  $100 Gtd Turbo  Texas Hold’em NL   $5   $100
  10:30 pm  $100 Gtd (6-Handed) Turbo Rebuy PLO  Texas Hold’em NL   $5   $100
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