PokerStars Ignite Series on FanDuel Ends with Massive Overlays

The PokerStars Ignite Series on FanDuel Poker, which guaranteed $5 million across 90 tournaments over three weeks, has concluded with significant overlays, totaling over $1 million. The series generated a total overlay of $1,063,762, meaning PokerStars on FanDuel had to contribute more than $1 million out of pocket to meet guaranteed prize pools.

The largest shortfall came in the $300 Ignite Series Main Event, which featured a massive $500,000 guarantee. The $50 Mini Main Event produced the biggest field of the entire festival with 1,861 entries but missed its $100,000 guarantee by more than $15,000. The opening week edition of the $100 Sunday Dynasty missed its $200,000 guarantee by $63,600. The opening day $250 Blast Off missed its $125,000 guarantee by almost $51,000. The $1,500 High Roller Main Event generated 146 entries, leading to an overlay of approximately $38,300 against its $250,000 guarantee.

Despite the overlays, FanDuel Poker has enjoyed a strong start since the relaunch of PokerStars under the FanDuel branding, leading the regulated US market in cash game traffic. The series ran during a period when online poker traffic typically begins to soften heading into the summer months.