Casinos, poker sites and now fantasy sports sites guarantee large prize pools to entice players to their tournaments in hopes of hitting it big. The most famous example of this is the weekly Pokerstars tournament: The Sunday Million.
Here is where one can find value….
Like any market, tournament turn-out is impossible to predict. Often times, sites will guarantee more money in prizes than the amount covered in buy ins. This is called an “overlay”. My next goal is to figure out how to find which sites met their guarentees for week 1, and which didn’t. Any ideas how to do this?