4Poker may be a recent entrant in the online poker scene, but it is boldly venturing into the spotlight by hosting two audacious tournaments with massive guarantees — both of which look certain to overlay by a massive margin.
The poker room, co-founded by high stakes poker specialist Bryn Kenney, is hosting two Mystery Bounty tournaments (MBT), one of which guarantees a whopping $1 million in prize money.
The $1 million-guaranteed MBT has a $270 buy-in, while the other, with a $100,000 guarantee, has a $22 buy-in. Both follow the multi-flight structure; Day 1s have been held twice daily since December 10.
The ultimate showdown is set for January 15, 2024, providing ample opportunity for players to qualify for Phase 2. Both tournament employs the “cumulative stack” format: Players that play in multiple Phase 1 tournaments build a single stack for the Final Phase. All Day 1 survivors are guaranteed a share of the prize money and a chance to compete for mystery bounties. Overview of 4Poker’s Mystery Bounty tournaments:
Two tournaments with buy-ins of $270 and $22
Guarantees of $1 million and $100,000 respectively
Daily satellites starting from 25 cents
Phase 1 tournaments running daily
Final Phase on January 15, 2024 Could it Be the Biggest Overlay of the Year? At the time of writing, both tournaments are considerably below their guaranteed prize money, and there’s every chance that there could be a massive overlay — possibly one of the biggest in online poker history. The $1 million-guaranteed MBT would need 4000 entrants to cover its seven-figure guarantee. So far it has only attracted 219 runners — just 5.5% of the target. Right now, it is falling short by over $940,000.The smaller version, with a $100,000 guarantee, faces a similar challenge. Requiring 5000 runners to avoid an overlay, it has only attracted 372 participants so far, covering just 7.4% of the guarantee and falling short by $91,816. 4Poker MBTs Small Large Buy-In $22 $270 Guarantee $100,000 $1 million Target Players 5000 4000 Total Entries to Date 372 219 % of Guarantee Covered 7.4% 5.5% Despite being only halfway through, […]
Click here to view original web page at pokerfuse.com
