888poker has gone under the radar for the last two years as the global online poker market continues to be dominated by PokerStars, GGPoker and partypoker. 888poker once ranked as the second biggest online poker room in the world after PokerStars but the online poker operator has lost ground.
While its competitors continue to run online poker tournaments with massive guarantees and huge monthly promotions, 888poker has preferred to stay on the sidelines and run smaller tournaments.
888poker XL Autumn Series
So when 888poker announced that it would run its XL Autumn Series in October with $2 million in guaranteed prize money, it caught a lot of poker players off-guard. 888poker put together a total of 44 events for the XL Autumn Series and $1 million of that guaranteed prize pool was on the $1050 Main Event.
This was an ambitious call by 888poker as the last XL Series Main Event only had a $500,000 guarantee. By doubling the guaranteed prize pool, 888poker was putting itself at risk and many felt that the Main Event would end up in a massive overlay.
The opening event of the XL Autumn Series had a $100,000 guarantee and it did not get a good response. The first event ended up in an overlay and due to the poor start, it looked like 888poker might have been overly optimistic, especially with the Main Event guarantee.
However things came together as the next five events all hit their guaranteed prize pools. The events with smaller buy-ins ended up getting a strong response and some of the prize pools were surpassed. The $16.50 Mini Tune Up event which had a $20,000 guarantee went over by 22 percent while the $55 PKO which had a $15,000 guarantee went over by 66 percent. T
The XL Autumn Series also closed on a strong note with $109 Knockout event which had a $30,000 guarantee going past by 50 percent. The $33 Mini Main Event which had a $50,000 guarantee also went over by a little.
XL Autumn Series Main Event
The crunch for 888poker was the XL Series Main Event. 888poker needed close to 1,000 registrations to be able to hit the $1 million guarantee. The Main Event did well as a total of 948 players registered and another 81 rebuys came in to boost the total guaranteed prize pool to $1,029,000. 23NoraB ended up winning the XL Series Main Event and was paid a cool $185,200 for her first place finish.
Overall the series was a success for 888poker as they paid out $2.3 million in total prize money. Given the success of the XL Series, we could see 888poker continue to be a little more adventurous with its XL series guarantees going forward.
888Poker Giving Away $1 Million
While GGPoker is giving away over $10 million in promotions each month, 888poker is giving away a total of $1 million in prize money. This Sir Prize promotion launched on Oct 7 and will run till Jan 2022 and give out $1 million in prize money during this time.
The three main features of the Sir Prize promotion include the Giveaway Freerolls which take place daily and feature prize pools ranging from $400, $600 and $800 based on which challenges you complete. The Mystery Freerolls take place every Sunday and have mystery prize pools which range between $5,000 to $100,000.
The third feature is the Grand Entrance where a random table will be chosen on a daily basis and every player at the table will be given $1,000.