GGMasters - Overlay Edition - FAQ and Summary

What is the GGMasters Overlay Edition?

GGMasters Overlay Edition is a special version of the flagship GGMasters tournament. It features a guaranteed prize pool of $10m and is likely to overlay, meaning that the prize pool will exceed the amount generated from player buy-ins.

This allows players to win more money than a standard tournament and adds extra value to their buy-in. The GGMasters Overlay Edition is a popular event for recreational and professional players, as it offers a high-stakes tournament experience with the potential for substantial rewards.

Also, as the GGMasters is a freezeout tournament, players cannot gain an advantage by constantly having super deep pockets and rebuying. Players will be permitted one entry per Day 1 event (maximum nine entries in total)

When does the GGMasters Overlay edition take place?

The GGMasters Overlay Edition will take place from February 7th to February 26th. Qualifying events and satellites will commence before this, with Day 1 events running from the 19th of February to the 26th of February. On the final day, Monday, February 26th, the remaining players will compete in the Day 2 event, which begins at 19:00 UTC.

What is an overlay?

In poker, an overlay refers to a situation where a tournament's prize pool exceeds the players' total buy-ins. This creates a situation where the tournament operator must make up the difference, essentially "overlaying" their own money into the prize pool. This benefits the players by increasing their expected value, as they effectively play with "house money."

For example, if a tournament has a guaranteed prize pool of $100,000 and only generates $80,000 in player buy-ins, there would be a $20,000 overlay. This means that the players are effectively playing for more money than they have contributed, creating an opportunity for them to win a larger prize.

Overlays are generally seen as a positive for players, as they increase the value of the tournament and offer the potential for larger payouts. However, they are also a risk for the tournament host, as they must cover the additional funds if the tournament needs to generate more player buy-ins.

What is a freezeout tournament?

A freezeout in poker is a tournament format where players cannot rebuy chips once they have lost all their initial stack and must compete with the chips they have until one player remains.

What is the buy-in?

The buy-in for the GGMasters Overlay Edition is US$150.

What is the guaranteed prize pool for the event?

The GGMasters Overlay Edition guarantees a prize pool of $10 million.

Final payouts will be determined at the end of the last Day 1 event once the starting field for Day 2 is finalised and the prize pool is known.

Is there a list of all the Day 1 (Flights/Phases) available?

A full schedule can be found on the GGPoker client or by visiting

https://www.ggpoker.com/tournaments/ggmasters-overlay-edition-2024/

How many Day 1 (Flights/Phases) can I play?

Each Day 1 event is a Freezeout so players can have a single entry in each Day 1 event. Nine is the maximum number of entries permitted by a single player (one entry in each Day 1 event)

If I make Day 2 (Final Day), will I be guaranteed to be in the money (ITM)?

Yes, all players who qualify from a Day 1 event will start Day 2 [Final Day] in the money

I’ve already qualified for Day 2. What happens if I play another Day 1?

You can play up to 9 Day 1 (Flights/Phases). However, you can only bring your biggest stack to Day 2 (Final Day). All other qualifying stacks will be forfeited, and those chips will be removed from play.

Can I play in any of the Day 1 events? Even though I don't reside in that location?

Yes, The names of the Day 1 events are just an indication of the peak timezone. Please feel free to play whichever Day 1 works best for you.

What is the structure of the event?

This is a 2-day event, with nine day 1 flights, from which players will qualify for the Day 2 event, where the event will play to a conclusion.

What satellites will be available?

There will be a wide range of Satellites, Step Satellites and Freerolls with a wide range of buy-ins.

I won a ticket to this event in a satellite tournament. What happens to it if I don't or cannot use it? Tickets won via pay-to-enter satellites will be converted to T$ automatically after the event. Tickets obtained via Freerolls or any promotion must be used to enter the event or will expire with no value.

Hourly Freerolls

GGPoker will run hourly freerolls, each awarding $15 entries to a satellite event.

Players can play one freeroll per 24-hour period 00:00 UTC - 23:59 UTC
Attempts to enter more than one freeroll in 24 hours will be blocked
Only one entry per device/IP address will be permitted
Freerolls are capped at 5000 entries. Once this is reached, registration will be closed.

I won a ticket to the tournament in a promotion/giveaway. What happens if I don't use it?

If you are lucky enough to have won or been given a ticket to the event. For example, in the GGMasters overlay edition daily leaderboards. You must use it to play, or it will expire without value. No replacement tickets or prizes for expired, unused or unusable promotional tickets will be offered.

I played in a different tournament with a ticket as part of my prize. Do you know if I have to use it?

No - however, you will be missing out on the amazing value of the GGMasters Overlay edition. If you do not wish to use it, it will be converted to T$ once the GGMasters overlay edition is over.

I have more than one ticket for this event. Do you know if I have to use them?

This will be the biggest value event of the year, so you will want to attend it. You can play multiple Day 1 events to try and qualify for Day 2 with the biggest possible starting stack; however, if you choose not to use the tickets, the following policy will apply.

Tickets won via pay-to-enter satellites will be converted to T$ automatically after the event.
Tickets obtained via Freerolls or any promotion must be used to enter the event, or they will expire with no value.

Can I sell action (sell stakes) for the GGMasters Overlay Edition?

Staking can be sold if you make Day 2 of the event.

Can I buy action (buy stakes) for the GGMasters Overlay Edition?

Yes, Players who qualify for Day 2 of the event can offer staking for this tournament.

What is the maximum percentage I can sell?

As per standard staking rules, the maximum amount of action any player can sell is 90%

What is the minimum percentage I can sell?

Stakes can be sold in increments of 1%. The minimum amount that can be sold is 1%

It says that stakes will be subject to ‘Adjusted Markup’. What is this?

Adjusted markup is applied to staking in multi-day events as players start with varying amounts of chips. If we did not apply an Adjusted markup, everyone would buy the action from the player with the biggest chip stack, whilst players with smaller stacks would find it difficult to compete, so an Adjusted markup is an algorithm which is applied to make it more expensive to buy stakes in players with larger starting stacks and cheaper in those with smaller stacks. So you must use your skill and judgement to find the best value for your staking money.

I cannot sell action on Day 1 (Flight/Phase). Why is this?

As players can play multiple Day 1 events but are only permitted to carry one stack forward to Day 2, it is not possible to offer action for Day 1 of this event, as even if the player makes it to Day 2, this may not be the stack they take forward.

I hold more than one account on the GGPoker Network. Can I enter via both accounts to have more than one entry?

Having accounts on different sites on the GGPoker Network is permitted if local regulations allow, but entering a tournament through more than one account is not permitted. Players who are found to have violated this rule will face consequences such as having one or all of their accounts banned and any winnings being confiscated.

I played in a tournament that offered a ticket to this event as part of my prize but did not get a ticket. What's going on?

Some tournaments on GGPoker are currently offering tickets to the GGMasters Overlay Edition as prizes. However, if you enter one of these events and sell action via the staking platform, we may not be able to issue this ticket to you as the system cannot issue fractions of a ticket. If this scenario occurs, the ticket will be removed and replaced with cash for you and your staker(s).

Terms & Conditions

Players must be aged 18+, 19+, 21+, or 24+ depending on jurisdiction, to participate.
Please note that any prize pools or guarantees are subject to change and some amounts listed on this website may not be current. Please check the guarantee amounts listed in the game client for the most up-to-date information.
We reserve the right to modify or suspend any promotion, tournament, or game feature at any time.
If any players fall under suspicion of fraudulent activity, we have the right to investigate and remove the players if confirmed.
These terms and conditions are subject to the site terms and conditions, which can be found in the game client.

Standard rules apply.