WSOP Ontario is about to wrap up its inaugural festival in the Canadian province, the WSOP Ontario Circuit Series, which features 12 online ring events and an ambitious $2.5 million guarantee, most of which has already been awarded over the past two weeks.
Multiple Overlays in WSOP Ontario Circuit Series
The festival kicked off on October 1, just a day after WSOP launched in Ontario using the GGPoker software. Based on available figures, plenty of events ended in overlay, with some falling short by more than 20%. The Main Event, which has yet to crown a winner, is also expected to miss its $250,000 guarantee, so far the biggest guarantee for a single tournament in Ontario.
The tournament has a buy-in of $525, meaning it needs to attract at least 500 players to hit its target. While the tournament is still in progress, smashing the $250K guarantee seems unlikely. But that’s not a big deal for WSOP Ontario.
WSOP Ontario Remains Undeterred
WSOP Ontario joined the market more than five months later than its rivals. Running such an ambitious series, despite the possibility of huge overlays, is a strategic move by the operator. It wants to show that it is hell-bent on becoming the leading online poker site in Canada’s largest province. It even announced three online bracelet events, one of which already played out on October 16.