"The home of overlay" — that might become the new slogan for the Seminole Hard Rock Poker Open in Hollywood, Florida.
Last August, the $5,300 Seminole event put up a massive $10,000,000 guarantee for the second time, hoping to repeat the success they had in 2013 when they first promised such a large prize pool. The 1,499 entrants who entered in 2014 had plenty to be happy about when the field fell well short of the guarantee, creating more than $2,500,000 in overlay — the largest in tournament poker history.
Now, as Day 1c closed at World Poker Tour (WPT) Seminole Hard Rock Poker Showdown on Saturday, the field saw another 570 entries in the final starting flight, bringing the tournament total up to 1,476. By our calculations, that creates an overlay of over $275,000 in the $5 million guaranteed, $3,500 event — nothing to make WPT or Seminole Hard Rock panic, but there's some extra value for the players.
By the end of the 10 one-hour levels on the schedule for Day 1c, roughly 222 players sealed up their chips to return for Day 2 on Sunday with the 332 Day 1a and 1b qualifiers.
Among those to survive the day include notable Canadians like 2009 World Series of Poker (WSOP) bracelet-winner Erik Cajelais (153,100) along with WPT Champions Club member and 2008 WSOP bracelet-winner Nenad Medic (123,000). When all of our Canadian contenders return for Day 2, Day 1b overall chipleader Ryan Rivers will have the largest stack from this side of the border.
The day finished with Paul Balzano holding the most chips. He will return with 261,800 and was one of seven players to tip over the 200,000 mark. Other notables to survive the day include Keven Stammen (203,800), Joe Kuether (133,900), Vince Van Patten (104,900), Ray Qartomy (100,000), Mike Linster (80,000), Mike Sexton (33,300), and others.
Day 2 begins on Sunday at noon in Florida with over 550 players to return to the felt with hopes on a big piece of the $5 million prize pool. Check back with PokerNews Canada for our report of the tournament's progress with special attention on our talented Canadian contenders.
Details and photo courtesy of the WPT Live Blog.