What Does Guarantee Mean in Poker?
A guarantee in poker refers to the minimum prize pool that tournament organizers promise, regardless of player turnout. If buy-ins do not meet this amount, the organizers cover the difference.
When You Might Hear Or Use The Term Guarantee
You might hear the term “guarantee” when discussing the prize pool of a poker tournament, especially in promotional materials or when players are deciding which event to enter.
In-Game Example
Imagine a poker tournament with a $100,000 guarantee. Only $80,000 is collected from buy-ins; the organizer adds $20,000 to meet the guaranteed prize pool.
Strategy / Tips
- Best Practice: Enter tournaments with large guarantees relative to the buy-in, as they often have overlays, extra value for players.
- Common Mistake: Assuming a guarantee means the tournament will automatically have a large field; sometimes, it might not meet expectations.
- Pro Tips: Track tournaments with consistent overlays for potentially higher returns.
- Differences playing over the table vs online: Guarantees are more common in online tournaments; live events may have guarantees but are subject to different logistical constraints.
Alternative Names
“Overlay Guarantee” when referring to potential extra value due to unmet guarantees.
FAQs
- Q: What happens if a tournament doesn’t meet its guarantee?
A: The organizer covers the shortfall, ensuring the promised prize pool is met. - Q: Are guarantees common in all poker tournaments?
A: They are more common in larger or promotional events, particularly online.
Related Terms
For more information on online poker strategies and events, you can play poker online with ease and access a variety of games and tournaments.
