GGPoker came out of nowhere in 2020 to suddenly challenge PokerStars for the number one spot as the online poker room. One of the main factors that contributed to the rise of GGPoker was due to the fact that it secured the rights to host the 2020 WSOP Online Series.
When COVID-19 hit and the world went into lockdown mode, top poker operators like the WSOP had to cancel its annual WSOP live poker tournament in Las Vegas, Nevada. The WSOP decided to host an online edition of the tournament and selected GGPoker to play host to the online WSOP series.
That series turned out to be a great success for GGPoker and the WSOP and put GGPoker on the map. The online poker operator went on to host the 2021 WSOP Online bracelet series and once again has had a lot of success even though the 2021 WSOP Online Main Event resulted in an overlay.
We take a look at some of the numbers that GGPoker has done with the 2021 WSOP Online Bracelet series.
2021 WSOP Online Bracelet Series – Numbers
GGPoker went into this series knowing that it would be difficult to match up with the 2020 WSOP online series because live poker action was once again running in 2021. That was immediately obvious with the overall numbers as the 2020 WSOP online edition generated $150 million whereas the 2021 WSOP online edition generated only $90 million in total prize money.
The 2021 WSOP online series had a total of 33 bracelet events and together it brought in over 125,000 player registrations. The one big disappointment for GGPoker was the Main Event which had a $5 million guaranteed prize pool but fell short by more than $500,000. Overall, it was a successful tournament for GGPoker as the poker room generated close to $4.5 million in profits.
The average prize pool per tournament across these 33 events stood was $2,732,602 while 26 of these events had a 7 figure guaranteed prize pool which meant 79% of all events had a million dollars or more in prize money. The admin fee collected during the 2021 WSOP online edition was $617,887 while the rake generated was $4,350,955.
2021 WSOP Did Smaller Numbers
GGPoker expected the 2021 WSOP online bracelet series to do smaller numbers and it wasn’t just because live poker action was up and running again. GGPoker ran a smaller tournament when compared to the 2020 WSOP online bracelet series. The 2020 tournament had a total of 54 bracelet events compared to just 33 in 2021.
By cutting down the size of the 2021 WSOP by more than 40 percent, GGPoker expected the overall numbers to drop. When you compare the two tournaments, you find that there is not a lot of difference between the two apart from the total guaranteed prize money and the 2021 Main Event overlay.
The average prize pool for the 2020 WSOP online edition was $2,736,806 and $2,732,602 for the 2021 edition. The average buy-in during 2020 was $2,549 while the average buy-in for 2021 was $2,617. The average number of entries in 2020 was 4440 whereas the average number of entries in 2021 was 3878. The number of 7 figure prize pools in 2020 was 45 which came up to 83 percent while the number of 7 figure prize pools in 2021 was 25 which amounted to 79 percent.
GGPoker has once again done well for itself in 2021 by hosting the WSOP online bracelet series and bringing in good numbers which have helped the online poker room in its battle to dethrone PokerStars.

Tight Poker Staff

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Tight Poker Staff

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For nearly two decades, we’ve provided the best in class for poker site reviews, top online poker bonuses, strategy tips, poker news, and exclusive free poker content.  Consisting of a team of poker and gambling experts, we deliver the best online poker brand experience for players of all levels, from the fish to the sharks.
For nearly two decades, we’ve provided the best in class for poker site reviews, top online poker bonuses, strategy tips, poker news, and exclusive free poker content.  Consisting of a team of poker and gambling experts, we deliver the best online poker brand experience for players of all levels, from the fish to the sharks.