GGPoker announce over $1million in overlay for $10M-GTD GGMasters

The second iteration of the GGMasters Overlay Edition poker tournament will take place on GGPoker.com later this month, with the event starting on February 19.

The GGMasters Overlay Edition event costs $150 to enter and has a guaranteed prize pool of $10,000,000.

The total guaranteed prize money is double the $5m offered for GGPoker's inaugural edition in 2022.

In an industry first, this month's event will also feature at least $1million of guaranteed overlay as part of the prize pool.

Starting flights for the GGMasters Overlay Edition will start on February 19, with Day 2 restarts taking place on February 27.

The event is open to all registered players. New players can use the GGPoker bonus code NEWBONUS when opening an account to get the biggest available welcome bonus. Up to $600 can be claimed by new players.

GGMasters Overlay Edition satellites will be running every day from February 19-27, with buy-ins starting at just $2.

GGPoker's Global Ambassador, Daniel Negreanu, said: "I promised last year that there would be a ton of value, but this year blows 2022 out of the water - we are doubling the guarantee to $10M!

"I’m so confident that this will miss that if I’m wrong and the prize pool reaches more than $9,000,000, I will personally use my own money to increase the final overlay to $1,000,000!"

Sarne Lightman, Managing Director of GGPoker, added: "From Honeymoon Missions to Daily Leaderboards, GGPoker already gives back $10M to our players every month.

"I am delighted to see this $1,000,000 in overlay guarantee, and it’s yet another reason why every poker player should be playing at GGPoker. With a buy-in of only $150, this year’s $10M GGMasters Overlay Edition is simply unmissable."

As well as being eligible to claim the poker room’s Welcome Bonus, new players can earn even more rewards with the Honeymoon for Newcomers promotion and automatically join GGPoker’s Fish Buffet loyalty program, with regular cash prizes on offer.