Equity Poker Network - Big Fat 15k - Overlay Alert
There have been overlays galore in the tournaments on the Equity Poker Network take advantage of free money!
Equity Poker Network is the "new kid on the block" when it comes to US friendly poker sites. Since the launch of Equity Poker in late 2013 they have been rapidly rising up the ranks of cash game liquidity as reported by Game Intel (seem Image to the right). However, their online tournament player pool has not seen as rapid an amount of growth.
In order to more quickly grow their online poker multi-table tournament player pool, the Equity Network has adopted a very aggressive tournament guarantee policy. The policy, in a nutshell, appears to go something like this. Step one, create a new tournament with a guarantee that they do not think they can reach. Step two, evaluate the traffic and how closely the tournament comes to reaching its guarantee. Step three, if the tournament fails to reach its guarantee, leave it; if the tournament reaches its guarantee aggressively raise said MTT guarantee. For example, rewind time back to January 2014 and Equity Poker network's "Sunday Major" was a $5,000 guaranteed tournament that was overlaying by $1,000-$2,000 USD every week. By March 2014 the tournament had met its guarantee. No sooner had it done so however, EPN doubled the guarantee to $10,000 USD! This sparked some added interest, but the tournament was immediately overlaying by approximately $3,000 each week. It took about five months, but the gap was closed and the $10,000 guarantee was hit a couple times. This my friends was the birth of "The Big Fat 15k" Sunday poker tournament.
The Big Fat 15k guaranteed is the largest regular tournament currently hosted on Equity Poker Network as of this writing in late September 2014. The Big Fat 15k runs once per week, on Sundays, at 5 p.m Eastern Standard Time (EST or ET - i.e. New York time). The buy-in for this tournament is a mere $25+2.50, meaning that it needs at least 600 entrants to meet the guarantee. This tournament has been averaging 475-545 buy-ins each week. That my friends adds up to one hell of an overlay opportunity! If you do the math, that means that The Big Fat 15k is overlaying anywhere from $1,000 to $3,000 each week. Expressed as a percentage, that means that there is a TEN to THIRTY percent overlay each week. That is free money that translates directly to your bottom line as a tournament player. Want to learn more about this poker network, then read our Equity Poker Network review - a very in depth look at the history of the network, list of all the Equity Poker skins, links to reviews of those skins, and much more.
Some players might think this is a bad thing, for a poker company to constantly be losing money on its tournaments. But in reality, it is just part of the Strategy of the Equity Poker Network. In other businesses, retail for example, there is a concept called "loss leaders" whereby a business will purposefully sell something below cost just to get you into the doors because the odds are you will buy something else profitable while inside. Poker room marketing on the Internet is no different. EPN is banking on players signing up for the juicy tournament, and sticking around for the juicy cash games, sit and goes, and online casino play where they can make up the cost of getting you through the virtual doors. Once you understand this strategy, as a tournament player, you can exploit it to the fullest extent. You see, EPN seems to have no plan or desire to stop this behavior, and as such, their tournaments should always be soft and high value due to those large online poker tournament overlays.
There are upwards of a dozen skins on the Equity Poker network and new players are only allowed to have accounts on only one skin, period! That may make you panic a bit wondering which skin to choose, but Professional Rakeback has done all the hard work for you already. We have read about, researched, and spoken to the companies offering poker on Equity Poker and we have chosen the four top choices. You can read more about our top Equity Poker Network skins on their individual review pages such as the Professional Rakeback Full Flush Poker Review, Professional Rakeback PokerHost Review, Professional Rakeback 5Dimes Review, and lastly Professional Rakeback's SportBet Review.
The Big Fat 15k is not the only source of large poker tournament overlays and added value MTTs. There is the $5.50 buyin "Nightly $4,000 American" which just today overlaid by $945 - an added value and built in ROI boost of twenty four percent! Iit was $3,000 last week and as soon as the guarantee was hit, they jacked it up again! The "Saturday 10k 6max" is another wonderful spot for finding extra value. Recently it has been producing an overlay in the range of twenty percent, or $2,000 dollars of free money added to the prize pool! Many of these tournaments can be bought into directly, but also with POP Points (the network's VIP points), treasures (which can be won in freerolls), and promo $ (given along with deposit bonuses).
Please note that most Equity Poker Tournaments are of the rebuy and add on variety. Here are the particulars regarding "The Big Fat 15k"
- The tournament buy-in will be $25 + $2.50
- Players will receive 3000 starting tournament chips.
- The $15,000 Guaranteed Tournament will be a re-buy tournament, re-buys will be allowed during the first hour at a price or $25 + $2.50 and players will receive 2000 tournament chips per re-buy.
- There will be an add-on available at the first break for a price of $25 + $2.50 - players will receive 4000 tournament chips for an add-on.
- The top 35 finishes will share the total prize pool.
Professional Rakeback has been happy to point this profitable opportunity out to you. Check our website and social media pages often for more juicy tips. Be sure to share this news (and this article) with your friends on social media and forums :)