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Big turnouts in several BetMGM Poker events counter small overlays in others
The total prize pools for the September series amounted to $357,584, which is a decrease from the previous month’s total of just over $432,000.
The BetMGM Online Series consistently featured multiple tournaments on Sundays, which ultimately emerged as the most significant days of the series.
On the initial day, there was a remarkable participation of 344 players in the $215 no-limit hold’em event, resulting in a substantial prize pool of $68,800. This amount significantly surpassed the guaranteed prize of $40,000.
On Sunday, the highly anticipated $20 “Mini” event took place, boasting a $10,000 guarantee. However, with an impressive turnout of 2,388 participants, the prize pool skyrocketed to over four times the initial amount, ultimately reaching an impressive $42,984.
The second to last $215 NLH 6-Max event on the final Sunday attracted a significant number of participants. Despite having a $40,000 guarantee, the event saw a remarkable turnout with 389 entries, resulting in a prize pool of $77,800, nearly doubling the initial expectation.
The final event of the series, the “high roller” with a $1,060 buy-in, successfully reached its guaranteed prize pool even though BetMGM Online MI had reduced it to $50,000 from its previous amount of double that. With a total of 53 entries, the prize pool for this event amounted to $53,000, concluding the series.
During the week, four out of the ten events had overlays, which were only seen in higher buy-in events ($215 and $320). To fulfill their guarantees, BetMGM Poker MI had to add $14,600 to the prize pools in those events. This amount accounted for less than one-third of the total overlays worth $46,500 observed in the BetMGM Online Series held in August.
The following information provides a summary of the turnouts, prize pools, and overlays for the upcoming September edition of the BetMGM Online Series:
Event |
Buy-in |
Guarantee |
Entries |
Prize Pool |
Overlay |
1: NLH 8-Max |
$215 |
$40,000 |
344 |
$68,800 |
n/a |
2: NLH 8-Max Mini |
$20 |
$10,000 |
2,388 |
$42,984 |
n/a |
3: NLH 8-Max Progressive KO Bounty |
$215 |
$20,000 |
71 |
$20,000 |
$5,800 |
4: NLH 6-Max |
$215 |
$20,000 |
98 |
$20,000 |
$400 |
5: NLH 8-Max |
$215 |
$20,000 |
92 |
$20,000 |
$1,600 |
6: PLO 8-Max |
$109 |
$10,000 |
164 |
$16,400 |
n/a |
7: NLH Turbo 6-Max |
$109 |
$10,000 |
186 |
$18,600 |
n/a |
8: NLH 8-Max Progressive KO Bounty |
$320 |
$20,000 |
44 |
$20,000 |
$6,800 |
9: NLH 6-Max |
$215 |
$40,000 |
389 |
$77,800 |
n/a |
10: NLH 8-Max |
$1,060 |
$50,000 |
53 |
$53,000 |
n/a |
|
|
|
3,829 |
$357,584 |
$14,600 |
Six Months of BetMGM Online Series at BetMGM Poker MI
In late March, when BetMGM Poker MI was launched, the monthly BetMGM Online Series began its journey. September witnessed the sixth edition of this series, which has consistently held its position as the main event on the site’s tournament calendar.
During the initial six installments, every BetMGM Online Series has maintained a consistent schedule comprising of 10 or 11 events. The only variable factor has been the guarantees, which have been altered on a monthly basis. Here is an overview of the performance of the series during this period.
Month |
Total Guarantees |
Entries |
Total Overlays |
Total Prize Pools |
April |
$300,000 |
2,229 |
$13,800 |
$360,202 |
May |
$315,000 |
1,375 |
$65,720 |
$316,400 |
June |
$275,000 |
3,297 |
$34,400 |
$347,742 |
July |
$285,000 |
3,209 |
$18,900 |
$353,530 |
August |
$330,000 |
3,773 |
$46,500 |
$432,307 |
September |
$240,000 |
3,829 |
$14,600 |
$357,584 |
The September installment of the BetMGM Online Series had the lowest total guarantees compared to previous series. Surprisingly, it managed to attract the highest number of total entries. Notably, the inclusion of the $20 “Mini” event, which had over 2,000 entries, significantly contributed to the overall number of entries.
In the meantime, BetMGM Poker MI found itself once again in competition with PokerStars Michigan. Both platforms went head-to-head during the last week of the Michigan Championship of Online Poker. This colossal series consisted of 68 tournaments and concluded on Monday, with an impressive prize pool of almost $1.79 million distributed over a span of two and a half weeks.
BetMGM Poker MI seems to be gearing up for October as evident from the emergence of several BetMGM Online Series events in the client. Anticipate the series to take place from October 24th to October 31st.
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