Tuesday, February 27, 2007

Online Tournaments with Overlays

Prior to the passage of the UIGEA last year there were more sites that accepted US players, juicer bonuses and promotions, and it was alot easier to move funds between sites. All isn't doom and gloom though. There are still a lot of opportunities for enterprising players willing to seek them out. One of my favorites is guaranteed tournaments in which there is a guaranteed prize pool and if the tournament doesn't meet the necessary number of entrants to meet the guarantee then the site has to make up the difference which creates an overlay for its players.
Some of the best guaranteed tournaments with overlays can currently be found at Bodog. Bodog has $55 buyin $50k guaranteed tournaments on Sunday, Tuesday, and Wednesday every week at 8:30PM. These are not rebuy tournaments. The Tuesday and Wednesday tournaments used to be $70k guaranteed but Bodog cut them back to $50k because they were having to cover roughly a $35k overlay each night. They are still terrific tournaments though. This is a double stack tournament so players start with 3k chips and 5/10 blinds. The tournaments rarely have more than 650 players so there is usually a $15k-$18K overlay nightly. This is basically free money that Bodog is kicking in every tournament! If you get a chance to check out one of the tournaments I don't think you will be disappointed.---Ben

4 comments:

Anonymous said...

Hi Ben, that is great information! One of the questions that a lot of "casual" on-line players have now is how to get money in and out of the various sites since the passage of the law last year. How do you get dollars into an account at Bodog to participate in one of these tournaments?

makeutap247 said...

There are a few ways. Some are easier than others. While most credit cards don't work some players may find that they can still use their Visa debit card to fund their Bodog account.
Probably the easiest way is a Western Union transfer. If you contact Bodog they will give you the info neeeded to send the transfer. There are WU locaions everywhere and the best part is that Bodog will cover the fees which can be hefty if the deposit is over $200. I have used WU with Bodog with no probelm.
There is another option which involves buying minutes for a phone card online from a company called NuCharge that are instantly transferable to Bodog. I didn't care for the fees there though.
I have a Click2Pay account that Bodog accepts that I can still use. Unfotunately only existing users can use it as Click2Pay isn't accepting new US customers right now.
There is another great thing new players should know before setting up a Bodog account. It is an added "bonus" but unfortunately it can't be advertised publicly. If I can be of assistance or answer any questions for anyone I would be glad to.---Ben

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