New Jersey Online Poker Players Reap Rewards of Large Guaranteed Prize Pools

Overlays in the NJCOP Main Event and Super Bounty High Roller provided extra value for players in another huge weekend for online poker.

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This past weekend, the second New Jersey Championship of Online Poker (NJCOP) came to an end with the running of the $150,000 guaranteed Main Event. The large guaranteed prize pool contributed to the $400,000 awarded to NJCOP players over Saturday and Sunday.

Players at Borgata Poker and partypoker New Jersey were treated to a substantial overlay after the $200 buy-in Main Event attracted 659 entries, well under the number needed to cover the guarantee. As a result, players who made the money enjoyed much bigger payouts than expected.

MattLoFan89 emerged as the eventual winner, earning over $25,000 for his efforts.

The NJCOP #33 $50,000 Guaranteed High Roller Super Bounty came with a $500 buy-in, and attracted 153 entrants, providing the second big overlay of the day. Partypoker ambassador and TV celebrity Mike Sexton turned out to be one of the beneficiaries as he made the final table and pocketed $3,300 for his 6th place finish.

The bigger $1,000 buy-in for event #31—the $75,000 Guaranteed Slow High Roller—failed to deter players from taking a shot, and the event comfortably exceeded its guarantee to produce a prize pool of $92,150.

The NJCOP #32 $30,000 Guaranteed prize pool reached over $33,000, and the NJCOP #35 $20,000 Guaranteed Turbo Last Chance turned out to be the best performer of the last day of the series, beating its guarantee by almost 50%.

All in all, there was nearly $350,000 in guaranteed prize money available to be won on Sunday by New Jersey online poker players on the final day of the NJCOP.

The overall total prize money to be won in New Jersey online poker tournaments this weekend was made even greater by the $40,000 guaranteed for WSOP New Jersey’s Sunday Major, plus the two $10,000 guaranteed tournaments put on by WSOP and 888poker New Jersey. The WSOP/888 network contributed nearly $100,000 in guarantees over the weekend.

The few cases where the guarantees were not met provided a pleasant opportunity for players to earn some extra value, and suggest that the New Jersey operators are calculating these things very finely—to the benefit of New Jersey players.

April 28, 2015
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