re: Poker & What does overlay mean
Originally Posted by Rappyness
Tournament overlay is when a poker site guarantees that a specific tournament will have a minimum prize pool. The number of buy-ins from the registered players normally makes up the amount of the prize pool. How a tournament overlay occurs is that the tournament will fall short of meeting the necessary buy-ins that make up the guarantee and in return, the poker room offsets the loss by kicking in the additional amount. That's actually nice to have when entering tournaments.
Originally Posted by snklzona
Dang it! That was one I could answer and I almost got to it... Oh well I will just keep hunting...gl all on the felt...
Shame, you missed your chance to expand on the answer!
There is another way that a tournament could have an overlay.
Our CC Buy-In Tournaments are a perfect example where there is typically $50 or $100 added (overlay) on the tourney which, although it's relative value goes down with more entrants, never diminishes or disappears like a guarantee type overlay can.