It was only a week ago that spokesman Warren Lush revealed Tonybet Poker's new "no balls, no glory" approach to the gaming world, and players are already benefitting from it.
After launching rake-free six-handed Texas hold'em and pot-limit Omaha cash games in November 2015, Tonybet Poker recently introduced multi-table tournaments to its poker offering, and so far they have been packed with nearly €8,000 of added value.
In the first week since the Grinderz League kicked off, Tonybet Poker has added €7,908 to its tournament guarantees as a number of them continue to generate substantial overlays. The 18 daily tournaments boast more than €1,800 in guaranteed prize pools, but they're currently overlaying by around €950 every day.
The five flagship weekly tournaments, which have combined guarantees of some €7,500, have seen significant overlays since their creation including one weighing in at €1,120. Lush explained that although the number of active players on Tonybet Poker is growing at a faster than expected rate, there should still be overlays up until February.
"The number of players on our site is significantly growing every day, even more than we expected to be fair," said Lush. "However we're still giving away more in guarantees than we're collecting. This is especially valuable for the players as they can claim bigger prizes with almost no competition. If you know how to check-raise or go all-in, you're instantly qualified to play our tournaments and collect your free cash. I also believe that the overlays, although smaller, will be a thing until February when we launch a huge online poker series."
Despite the overlaying tournament, Tonybet Poker continues its promotional drive via its Grinderz League MTTs by awarding €5,000 in MTT races made up of four €500 weekly races and a €3,000 monthly leaderboard.
100 Seats to the Tonybet Winter Festival Main Event
The Playground Poker Club in Montreal is hosting the Tonybet Winter Festival between January 29 and February 10, where 13 hold'em and Omaha tournaments will take place. The crown jewel of the inaugural series is the C$1,000+$100 buy-in Tonybet Winter Festival Main Event with its C$500,000 guaranteed prize pool.
Satellites to the C$500,000 Main Event run every Wednesday at 8:00 p.m. (EST) and at 2:30 p.m., 3:30 p.m., and 7:30 p.m. on Saturday and Sunday. These tournament costs between €14 and €34 and guarantee five or 10 seats worth C$1,100 each.
Download Tonybet Poker via PokerNews and when you make your first deposit using the bonus code STARTER before January 31, 2016 you'll receive a 100% match up to €2,000 first deposit bonus AND a free €10 ticket to a tournament with a €5,000 guaranteed prize pool – plus you get to take advantage of all those juicy overlays!