Over $2 million in guarantees
September is already pretty busy right now with the online poker tournament series, so let’s get into it a bit more. On Thursday, the BetMGM Poker State Championships will kick off until September 25th.
During this week and a half, 26 events will take place simultaneously in each state where BetMGM has a site: New Jersey, Pennsylvania and Michigan. In total, the series will have over $2 million in total guaranteed prize pools. The largest total guarantee is in New Jersey, $795,000. Michigan follows with a $680,000 guarantee and Pennsylvania has $540,000 guarantees on its tournaments.
“This year has been a year of transformation for BetMGM Poker,” BetMGM poker director Luke Staudenmaier said in an announcement late last month. “After a groundbreaking live event at ARIA in June, the State Championships is the biggest online series in BetMGM Poker’s history. The momentum we’ve had over the past three months has prompted us to aim for new heights.
The qualifying rounds have already started, with buy-ins ranging from $5 to $100.
It’s not a cheap tournament series, with no buy-ins under $100, although that’s not too bad a prize for tournament players. There are two other price points below $1,000: $250 and $500. Beyond that, there are events with buy-ins of $1,000 and $2,500.
Lots of competition
As we briefly discussed, September is full of online poker tournament series. From September 1 to 27, partypoker MILLIONS Online takes place. BetMGM and partypoker are related – partypoker is owned by Entain and BetMGM is a joint venture between Entain and MGM – but the MILLIONS is for players outside of the US. It features 15 events and over $6 million in guaranteed prize pools.
The partypoker MILLIONS Online Main Event has six starting flights spread throughout September, with Day 2 on September 26 and the final day on September 27. The buy-in is $3,200 and the tournament has a guaranteed $2 million.
The ancestor of the online poker tournament series, the PokerStars World Championship of Online Poker (WCOOP), is also underway. It consists of 322 tournaments in its usual three-tier buy-in structure and $85 million in guaranteed prize pools.
In a similar vein, US versions of Pokerstars COOPs began last weekend in Pennsylvania, Michigan and New Jersey. Until September 26, PACOOP, MICOOP and NJCOOP have combined guarantees of $4.5 million.
And then there’s the WSOP Online at GGPoker, which started in mid-August and will run until September 27th. Buy-ins range from $100 to $100,000 and 33 official gold bracelets are there for the taking. Not to be outdone, the US-based bracelet events on WSOP.com began over the weekend. The Nevada and New Jersey shared liquidity sites award 33 bracelets (combined, not each state), while Pennsylvania and Michigan have their own WSOP Online, with six bracelet events for each state.