Master of tournament marketing and one-time proponent of re-entry tournaments, Matt Savage, started letting people know that halfway through the heats of his LAPC $1m guarantee tournament, they are falling behind. If they don’t get 8000 entries, then there will be overlay.
With only a $150 buy-in, Matt needs (as of yesterday) another 4,749 runners in order not to have the Commerce shell out any cash to make up the prize pool difference. The question really is: Is he being real or just trying to juice the numbers? There’s a high likelihood that the later it gets towards the end of the Day 1 heats, the more people will show up. Is Matt really worried? Either way, it’s a massive tournament for a little price tag and if you are in the LA area, it’s a great time to take a shot without much downside.
Check out the entire schedule for one of Los Angeles’ premiere poker festivals, the Los Angeles Poker Classic.