Unibet Increases Guarantees After Suffering €80,000 in Overlays

07:11
24 Nov

Unibet is to raises its tournament guarantees even after suffering an eye-watering €80,000 worth of overlays since revamping its MTT schedule. Despite the huge losses, some of Unibet’s major weekly events have seen guarantees rise by as much as 25%.

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Unibet Pushes on to Attract New Players

Last month, Unibet revamped its MTT schedule to include bigger guarantees, the lowest rake you’ll find, and a €100,000 leaderboard. They also listened to what players were asking for and reduced the number of rebuy tournaments and added in more PKOs.

Every night there is a €4k, €5k, €6k and €10k guaranteed tournament, all scheduled to end before 1 am CET to cater for the predominantly European customer base.

It looked like a recipe for success but the huge overlays seen over the last three weeks show that it is going to take some time for new players to take up the game on the site or migrate from other platforms. The initial 43% increase in guarantees has proven costly but Unibet is doubling down on its strategy and will gamble on even more increase.

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New MTT Guarantee Changes

Tournament	Old Guarantee	New Guarantee
€25 Sunday Omaha Wrap	€1,500	€2,000
€50 Sunday Title Fight	€10,000	€12,500
€10 Sunday Ironman	€2,500	€3,000
€25 Sunday Stack	€3,000	€4,000
€25 Sunday Battleground	€5,000	€6,000
€100 Daily Slobberknocker	€7,500	€8,000
€25 Mon-Sat Bullet	€4,000	€3,500
€25 Mon-Sat Battleground	€1,500	€4,500
€10 Daily Cage	€2,500	€2,000

Unibet ambassador David Lappin spoke to PokerStrategy about the changes:

“Unibet have done €80,000 in overlay over the past three weeks so understandably changes had to be made. What are those changes? Unibet have decided to increase the guarantee on several tournaments in their schedule. This tells me that Unibet are really serious about attracting new customers.”