PokerStars MI’s Michigan Classic Awards $250K, Has Overlay Despite Lower Guarantee

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The upcoming clash between Michigan and Michigan State in the classic rivalry has football fans in Michigan buzzing with excitement. With both teams remaining undefeated and holding top 10 rankings, it promises to be an exceptional game.

The Michigan Classic, hosted by PokerStars Michigan, took place on Sunday and Monday, showcasing a classic event. This two-day, no-limit hold’em tournament had a $300 buy-in and featured a guaranteed prize pool of $250,000.

In April, the Michigan Classic boasted a $500,000 guarantee, which was only half of its previous offering. Nevertheless, the event managed to draw a substantial number of participants, similar to its initial run, despite ultimately experiencing an overlay.

Overlay comes despite guaranteed prize pool cut in half

A total of 808 entries were recorded at the Michigan Classic tournament, with 499 initial entries and 309 re-entries. Each buy-in contributed $280 towards the prize pool. Consequently, PokerStars MI had to contribute $23,760 to ensure the tournament’s guaranteed prize of $250,000 was met.

The prize money was divided among the top 111 participants. Eventually, player “Omarrcomin” emerged as the winner, earning a generous payout of slightly over $42,000. PokerStars MI required an additional 85 entries to meet the guaranteed number.

During the month of April, the tournament had a guaranteed prize pool of $500,000 and attracted a total of 1,551 participants, which was almost double the number of participants in the recent weekend event. Despite this increase in entries, the tournament fell short of surpassing the guarantee by 235 entries, resulting in an overlay of approximately $65,000.

Michigan tourney tops New Jersey, second to Pennsylvania among PokerStars events

PokerStars organized three tournaments at the same time across its US sites on October 24-25. The Michigan Classic was one of these tournaments. Additionally, PokerStars PA hosted Pennsyl-MANIA in Pennsylvania, while PokerStars NJ ran the New Jersey Classic in New Jersey.

All three tournaments had a uniform buy-in of $300 and a two-day format, but each one had distinct guarantees. The PokerStars’ US websites operate within state boundaries, ensuring that players can only engage with opponents from their own state.

Both Pennsyl-MANIA and the New Jersey Classic failed to meet their guarantees.

Pennsyl-MANIA boasted a guarantee of $350,000, yet despite attracting 1,130 participants, there was an additional $33,000 left unclaimed. In contrast, the New Jersey Classic had a humble guarantee of $100,000. Surprisingly, the event came close to meeting the guarantee with its 350 entries, leaving only a modest $2,000 overlay.

Naturally, it is logical to assume that the current NFL football season significantly influenced the level of interest in events, especially considering the Detroit Lions’ late-window game against the Los Angeles Rams and their former quarterback Matthew Stafford.

BetMGM Online Series providing some competition for PokerStars MI

Furthermore, the Michigan Classic encountered competition on Sunday and Monday from BetMGM Poker MI, the state’s sole alternative online poker platform.

The BetMGM Online Series for October commenced on Sunday, featuring two events. The series, consisting of 10 tournaments, will stretch throughout the entire week until October 31st.

BetMGM Poker MI had successful Sunday events.

The $215 buy-in no-limit hold’em event had an impressive turnout with 344 entries, resulting in a prize pool of $68,800, surpassing the initial guarantee of $40,000. The Sunday’s $20 “Mini” NLH event was also a huge success, drawing in 2,507 entries and creating a prize pool exceeding $45,000, which was four-and-a-half times the guaranteed amount of $10,000.

The current rivalry between BetMGM Poker MI and PokerStars MI is not as evenly balanced as the Wolverines-vs.-Spartans rivalry. However, the determined underdog, BetMGM, continues to fight with great determination.

At present, both platforms are eagerly anticipating the emergence of a third contender in the online poker industry. While WSOP Michigan is currently observing from the sidelines, there is a possibility that they may soon join the game.

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