April 20, 2021 Poker Industry News, Poker News Lars Liedtke

GG Spring Festival outperforms the SCOOP at its premiere

GGSF will likely top record for biggest prized online tournament series ever

The GG Spring Festival (GGSF) at GGNetwork is on its way to become the largest tournament series in online poker history clearly outperforming the SCOOP at PokerStars.

GG Spring Festival outperforms SCOOP at its premiereThe GGSF is a huge success so far and it is very likely that it will break the record for the biggest prized online tournament series ever currently standing at $185,000,000 and set by the SCOOP 2020.

Staggering average GGSF tournament prize pool of $450,000

So far the GG Spring Festival has reached a staggering average prize pool of almost $450,000 per tournament!

On its opening day alone there was already $20,000,000 up for grabs with the biggest guarantees yet to come.

29% of all events have smashed their guarantee

52 out of 181 tournaments have exceeded their guaranteed prize pool, which equals a whopping 29%.

This means that $2,000,000 more in prize money have been paid out to GGNetwork players, then previously calculated.

320,000 entries and $84,000,000 in prize money so far

$84,000,000 in prize money  over 181 tournaments equalling 320,000 entries are the very impressive numbers of the GG Spring Festival so far.

11% of the tournaments have generated seven-figure prize pools of more than $1,000,000!

GG Spring Festival 2021 Facts and Figures

Total Guaranteed Prize Pool$150M
Number Of Tournaments335
Tournaments Completed/Closed181 (54%)
Total Prize Pool Awarded So Far$84.7M
Tournaments Remaining154 (46%)
Total Guarantee for the Remaining Tournaments$81.9M
Minimum Overall Prize Pool$166.6M
Expected Total Prize Pool$190M
Entries So Far320,056
Overlays12 (6.63%)
Total Overlay$261,403.40
Events With Seven Figure Prize Pools20 (11.05%)
Average Buy-in$1,801
Rake Generated$3.9M

The biggest prized events are still to come

If it continues at this pace, the GGSF will produce an incredible total prize pool of $190,000,000 becoming the biggest online series of all time.

GG Spring Festival outperforms SCOOP at its premiere

And the crazy thing is, the biggest prized tournaments are yet to come as both $10,000,000 Guarantees: The $1.500 No Limit Hold’em Main Event (April 19 – 25) and the $10,300 Super MILLION$ (April 17 – 19) are yet to come!

GGNetwork is the new Number 1 site for online tournaments

For almost two decades, PokerStars has been leading the poker market, when it comes to online tournaments, but this has gradually been changing over the last two years.

Last year, GG ran a $100,000,000 GTD WSOP Circuit series, which smashed the guarantee by 34% reaching a total prize pool of $134,000,000.

This was topped only a few weeks later with the WSOP 2020 aka WSOP Online, which also took place at GGNetwork. It generated a total prize pool of almost $150,000,000 over only 54 events.

With the two biggest guarantees yet to come, it is highly likely that the GG Spring Festival will break the old record of $185 million and become the biggest prized online tournament series ever held,

This would be an incredible achievement and further confirm GGNetwork’s replacement of PokerStars as Number 1 site for online tournaments.

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