CoinPoker was Potentially on the Ropes to Cover Massive Overlay
OAKLAND PARK, Fla. (Gambling911.com) - A popular online poker site that caters to cryptocurrency users was facing a significant overlay issue heading into the weekend with its tournament, called The One. - Guaranteed prize pool: $5 million - Buy-in: $250 - Entries reported by October 9–10: Just over 10,000 - Final starting flights: October 12 - Estimated overlay at 10,000 entries: $2.5 million, before accounting for tournament fees. The event needed at least 20,000 entries to cover the guarantee, and potentially more once tournament fees are considered.
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