Last night I joined a tournament with a guaranteed prize pool, which I'd never done before. Why am I so sure of this? For the simple reason that I didn't have to pay an entry fee, and I've had to pay an entry fee in every other tournament I've ever played. The buy in was $500,000, and the guaranteed prize pool was $75,000,000. That meant the tournament had to attract 150 players in order to break even; any less, and PokerStars would actually lose money. You gotta love that :-) As it happened, last night's tournament only attracted 149 players, so PokerStars was on the hook for the missing $500,000.
What I'm not clear on is if (and how) PokerStars would calculate an entry fee if more than 150 players joined. It wouldn't make financial sense for them not to; if they didn't, they'd never make any money at all from tournaments with a guaranteed prize pool. I can find out easily enough simply by playing more guarantees. I'm sure last night's tournament was an anomaly; I'm willing to bet that PokerStars breaks even on guarantees north of 90% of the time.
style flavor buy_in entry players entries paid place winnings
MTT NLHE 500000 0 9 149 26 47 0
delta: $-500,000
MTT NLHE balance: $42,163,268
2022 balance: $-761,000
blue distance: $778,200
balance: $94,082,953
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