Technical Error at PokerStars Causes Massive Overlay for Tournament

The world’s leading real money online poker site, PokerStars, is blaming a technical error for a massive overlay in its Sunday $500,000 guarantee tournament.  Less than half of that sum had already been generated prior to PokerStars abruptly shutting down the tournament for late registrations.

“Due to technical problems, the Sunday Warm-Up had no Late Registration,” the firm said in a statement posted to social media.

“As a result players who wished to late reg will not be able to play. There is a substantial overlay in the event for those playing. We apologize for the inconvenience for those who wanted to play but couldn’t.”

Some 1200 players paid $200+$15 to enter with the costly error resulting in these players getting double their buy-in value. 

The winner received $85,000.

- Ace King, Gambling911.com