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What Is Guaranteed Tournament in Poker?

An event advertising at least a stated prize pool under its rules.

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What it means

If entries do not cover the guarantee, the operator may supply an overlay.

AT THE TABLE

A practical example

A 5,000 guarantee has only 4,200 from entries and creates an 800 overlay.

Where you will hear it

Tournament. The exact usage can vary with rules and context.

Related concepts

Prize PoolThe money or prizes allocated to tournament payouts.Explore ↗OverlayThe shortfall between a guaranteed prize pool and the amount funded by eligible entries.Explore ↗Min-CashThe smallest payout for finishing in the money.Explore ↗Tournament EquityAn estimate of a player's share of a tournament prize pool.Explore ↗Push-FoldA simplified preflop strategy of moving all-in or folding at shallow stack depths.Explore ↗

Keep learning

Study this idea in a wider poker context, then return to the dictionary whenever a term needs a closer look.

Explore Tournament Terminology Galaxy in Poker Galaxy ↗Read NLHE Tournament Study Guide (PDF) ↗

Published 2026-10-15 · Updated 2026-10-15 · Flawless Poker Cosmic Codex