With the live World Series of Poker (WSOP) just around the corner, May is a big month on the online streets. GGPoker is leading the way with a massive $150 million guaranteed GG Online Championships.
GGPoker is going head-to-head with rival PokerStars’ Spring Championship of Online Poker (SCOOP) and the upstart operator has been poking some fun at its competitor recently. With $78.5 million in guarantees, the long-running SCOOP series is about half the size of the GG Online Championships and a recent tweet from GG brought that home in a humorous way.
The series has 131 tournaments in each of three categories — High, Medium, and Low — plus another 20 games in the Super-High category. Most of the prize guarantees are reserved for the High games, with a bit more than 40% of the $150+ million in guarantees on those games.
Medium and Low players will not be left out though as they have more than $37 million and $14 million guaranteed respectively. Even with just 20 games, the Super-High games will also see some serious guarantees with more than $16 million guaranteed.
GG Online Championship at a Glance
- Dates: May 5, 2022 – May 31, 2022
- Total Guarantees: More Than $160 million
- Four Buy-In Levels
- Super-High: Buy-Ins Between $5,250 and $10,300
- Median/Average Buy-In $7,775
- Total Guarantees: $16,175,000
- High: Buy-Ins From $500 to $25,500
- Median Buy-In: $1,050
- Average Buy-In: $3,680
- Total Guarantees: $68,300,000
- Medium: Buy-Ins From $50 to $2,625
- Median Buy-In: $150
- Average Buy-In: $401.38
- Total Guarantees: $36,805,000
- Low: Buy-Ins From $5 to $250
- Median Buy-In: $25
- Average Buy-In: $43.44
- Total Guarantees: $14,850,000
- Super-High: Buy-Ins Between $5,250 and $10,300
- 131 Games Each at Low, Medium, and High
- 20 Games at Super-High
GGOC Versus SCOOP
While the GG Online Championships got underway a little earlier than PokerStars’ SCOOP, the two tournaments are essentially running side by side this May and GGPoker is clearly looking to make its series bigger than SCOOP. The overall guarantees for GGOC are twice as big as those for SCOOP, despite only running about 33% more tournaments over the series.
The average guarantee for the GGOC is also about 33% higher than the same average on SCOOP, with the biggest guarantee double that of SCOOP. There are more than 45 tournaments in the GGOC that guarantee more than $1 million, and that compares to just 10 $1+ million games in SCOOP.
It will cost players significantly more to play every event in GGOC. While players can play every game in the PokerStars’ SCOOP schedule for $231,009, they’ll need more than 3x that much, or $710,267, to get into all the GGOC games.
GGOC vs SCOOP
|Series Duration||27 days||25 days|
|Avg Gtd Per Day||$5,955,556||$3,140,000|
|Gtd Range||$15,000 to $10M||$3000 to $5M|
|MTTs with >1M+ Gtd||46 (10.93%)||10 (3.14%)|
|Buy-Ins Range||$5 to $25,500||$2.20 to $25,000|
|Buy-Ins With at Least $1K||133 (31.59%)||78 (24.53%)|
|NLHE Main Events Gtd||$19M||$11.5M|
How Have the Two Series Fared So Far?
The GGOC completed its fourth day last Sunday and has generated almost $20 million in prize money already (excluding the prize pools and turnouts on MTTs with Day 1s). The Bounty Hunters HR Main Event with a buy-in of $525 has, thus far, produced the biggest prize pool generating $1.61 million.
PokerStars’ SCOOP on the other hand had its first day last Sunday and it is off to a flying start. The first day produced $6.4 million in prize money and close to 100,000 entries. The Sunday Million returning to its $215 buy-in amassed the biggest prize pool thanks to a turnout of almost 8000 entries and final outcome of $1.59 million.
GG’s Online Championship, however, has taken a big jolt as already more than $150,000 must be covered by the operator after five out of 63 tournaments fell short of their guarantees. On the other hand, only two tournaments at PokerStars’ SCOOP series have fallen short of their guarantees and the overlay is negligible compared to GG’s series.
GGOC vs SCOOP — How Have They Fared?
|GGPoker (GGOC)||PokerStars (SCOOP)|
|Series Duration||May 5 – 31||May 8 – June 1|
|Tournaments Completed/Closed||63 (14.96%)||18 (5.66%)|
|First Sunday Prize Pool||$12,362,302||$6,445,875|
|First Sunday Entries||57,138||97,854|
|Total Prize Pool*||$19,449,136||$6,445,875|
|Avg Prize Pool||$308,716||$358,104|
|Total Entries Collected*||136,353||97,854|
|No. of Overlays||5 of 63 (7.94%)||2 of 18 (11.11%)|
|Biggest Prize Pool So Far||Bounty Hunters HR ($1.61M)||Sunday Million – $1.59M|
* MTTs with Day 1s have been excluded for the comparison.
Big Games at GGPoker
This series marks the seventh series on GGPoker with more than $100 million in guarantees. Last month the operator held the WSOP Circuit Online Series, which ended up with $132 million in prizes, more than 30% above the $100 million guarantee.
That Circuit event had nearly 1,000 tournaments to make the guarantee, while the GGOC is running about half that many, with somewhat larger buy-ins. Perhaps a better comparison is to last year’s $150 million guaranteed GG Spring Festival which ran Apr 4 to 25, 2021.
That series saw just 335 games across 21 days, with a slightly higher average guarantee. On the other side of the coin though, this year’s GGOC has seven more $1+ million guaranteed events.
GG Online Championship vs GG Spring Festival
|GG Online Championship||GG Spring Festival|
|Time Period||May 5 to 31, 2022||Apr 4 to 25, 2021|
|MTTs with >1M+ Gtd||46 (10.93%)||39 (11.64%)|
|Series Duration||27 days||22 days|
Biggest Value is the Mystery Bounty
A new addition to the schedule for this year is the Mystery Bounty games. There are two Mystery Bounties at each of the Low, Medium, and High buy-in levels, with $500k, $1 million, and $2 million guaranteed respectively. The Low games are especially juicy — with a buy-in of just $25 and guarantees of $500,000, the two Low Mystery games are the best value across the entire series.
GGPoker is certainly shooting for the stars with this series, but, given the past performance of similar series, it looks like the operator will likely reach its lofty goals. Games are running now on GGPoker (find the full schedule here) and will continue through the end of May, while PokerStars’ SCOOP festival kicks off Sunday, May 8th.