JACK Cleveland Poker Classic Main Event...HUGE Overlay Projected! - WSOP and Tournament Circut

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JACK Cleveland Poker Classic Main Event...HUGE Overlay Projected!

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09-16-2016 , 04:28 PM

PokerGuru11

stranger

Join Date: Sep 2016 Posts: 2

Was in Cleveland this morning playing their main event Day 1A they only have a total of 40 players at the dinner break. 300K GUARANTEE ON THIS!
They may only get to 200 players or so for this! Could be HUGE OVERLAY!
#JackOverlay #AllInCLE

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09-16-2016 , 07:48 PM

BillyBizzle

Carpal \'Tunnel

Join Date: Jul 2006 Posts: 7,711

First ever post on 2p2, tells people about possible huge overlay in a tournament...yeah, I'm sure you're just looking out for other players, you definitely don't work for the casino.

(In case anyone takes this seriously-it's a 1k with 4 day 1s, today was the first day 1, and the tournament takes place over 2 weekends (day 1s are Fri/Sat/Sun/Fri), so there's a very slim chance of any actual amount of overlay here.)

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09-16-2016 , 08:31 PM

PokerGuru11

stranger

Join Date: Sep 2016 Posts: 2

Yes it is over 2 weekends but if the fields stay at a super low turnout like it might be then there might be a big overlay.

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09-18-2016 , 10:00 AM

akashenk

veteran

Join Date: Mar 2013 Posts: 3,116

I don't remember the last time I saw a huge overlay... in other words one that really made a significant material difference to players. In fact, the last time I saw a tourney have such a bad turnout (due to a snowstorm) that they wouldn't even reach half the guarantee, they just cancelled the thing. Overlays are highly overrated, and over-hyped by TDs who are trying to compensate for poor planning and/or poor luck.

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09-18-2016 , 02:12 PM

AALegend

veteran

Join Date: Dec 2011 Posts: 2,074

That was a pretty solid one: https://www.pokernews.com/news/2014/...po-1-19154.htm

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09-18-2016 , 03:06 PM

Takedown

journeyman

Join Date: Jun 2007 Posts: 377

The venetian main last weekend had a decent overlay of 200K.

OP there is a big difference between "HUGE Overlay Projected" and "might be a big overlay"

Are you involved with the tournament at all?

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09-18-2016 , 07:46 PM

Boss716

grinder

Join Date: Mar 2015 Posts: 428

Quote:

Originally Posted by Takedown

The venetian main last weekend had a decent overlay of 200K.

OP there is a big difference between "HUGE Overlay Projected" and "might be a big overlay"

Are you involved with the tournament at all?

Lol, yes its pretty clear he works for the casino and was not a player in this tournament.

There will likely be an overlay, we'll see how big it is. Bad schedule, lack of promotion likely to blame.

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09-18-2016 , 09:27 PM

inmyrav

old hand

Join Date: Nov 2012 Posts: 1,719

Interesting how they set it up , Fr Sa Sun, Fr to get 40 min levels. I think a 200k might've been a better choice than 300 though, established tours that get 350 plus routinely usually only guarantee 100k or 200k.

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09-19-2016 , 05:31 PM

akashenk

veteran

Join Date: Mar 2013 Posts: 3,116

Quote:

Originally Posted by AALegend

That was a pretty solid one: https://www.pokernews.com/news/2014/...po-1-19154.htm

Forgot about that one. It was more than two years ago. Things like that are very few and far between.

While we're on the subject, I think since significant overlays are very rare, poker players should not openly root for them. Even when they are small, they force casinos to become more conservative in their guarantee offerings, and this directly leads to smaller fields and smaller prize pools.

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09-20-2016 , 03:21 PM

#10

jjjou812

Pooh-Bah

Join Date: Sep 2009 Posts: 5,653

There should be a significant overlay. They had 47, 71 and 30 (at 5:00 pm when I left) players the first three days of the tournament. They were going to cap day 4 at 180 players but are not going to now with the numbers being so low. They will use the promotional fund (what they call the bad beat drop) to make up the difference. With the rake, they needed 360 players to make their nut.

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09-23-2016 , 01:43 PM

#11

jjjou812

Pooh-Bah

Join Date: Sep 2009 Posts: 5,653

It looks like they have about a 60k overlay right now but with reentries and late registration it should be reduced even further.

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09-24-2016 , 07:24 AM

#12

tomhaas

enthusiast

Join Date: Jul 2016 Posts: 72

Zero overlay if they got 200 entries yesterday.

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09-26-2016 , 09:44 AM

#13

jjjou812

Pooh-Bah

Join Date: Sep 2009 Posts: 5,653

Yes, they beat it by 9 players - approx. 207-209 players on friday.

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09-26-2016 , 10:28 AM

#14

tomhaas

enthusiast

Join Date: Jul 2016 Posts: 72

Are the results listed anywhere?

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09-26-2016 , 03:14 PM

#15

akashenk

veteran

Join Date: Mar 2013 Posts: 3,116

So much for the HUGE projection.

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09-27-2016 , 01:10 PM

#16

zoogenhiem

old hand

Join Date: May 2016 Posts: 1,632

Quote:

Originally Posted by akashenk

So much for the HUGE projection.

To play devil's advocate, there could have been a huge projection of overlay leading to more players playing the event beyond what was originally projected leading to the guarantee being covered.

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09-27-2016 , 03:22 PM

#17

bigtex21

Pooh-Bah

Join Date: Sep 2009 Posts: 5,900

Quote:

Originally Posted by zoogenhiem

To play devil's advocate, there could have been a huge projection of overlay leading to more players playing the event beyond what was originally projected leading to the guarantee being covered.

Yeh right

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09-27-2016 , 07:53 PM

#18

akashenk

veteran

Join Date: Mar 2013 Posts: 3,116

Quote:

Originally Posted by zoogenhiem

To play devil's advocate, there could have been a huge projection of overlay leading to more players playing the event beyond what was originally projected leading to the guarantee being covered.

I think that's the point of projecting a HUGE overlay.

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