What Is A Guarantee In Poker?
In poker, the term “guarantee” refers to the minimum prize pool the tournament organizer guarantees to pay out, regardless of the number of entries or buy-ins.
Having a guarantee in a poker tournament is one of the best tools for attracting more players because it gives players a clear idea of the minimum amount of money that will be in the prize pool.
The data shows that poker players are more likely to participate in tournaments that offer large prize pools because they provide them with a level of security that the tournament will be worth their time and money.
It is important to note that if more players enter the tournament than is required to meet the guarantee, the tournament's prize pool will increase accordingly.
Poker Guarantee Example:
A Texas Holdem poker tournament with a $10,000 guarantee means that the tournament prize pool will be at least $10,000 even if the total buy-ins of the players in this event do not reach this amount.
For example, if the buy-in is $100 in a turbo event and there are only 80 players who generate $8,000 for this MTT, the online poker site will add $2,000 to reach a $10k guarantee.