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From May 15 to May 29, players stationed in New Jersey will compete in the NJSCOOP – a 54 event tournament extravaganza featuring the biggest series guarantee ($1.1 million) ever in the relatively short history of regulated online poker in the Garden State.
Online tournament series in New Jersey have been growing in popularity of late, with the recent Garden State Super Series (GSSS) IV all but obliterating its healthy $1 million guarantee for the partnership of Borgata and PartyPoker.
For the most part, the NJSCOOP adheres to the same winning formula implemented by Borgata/Party, with a few tweaks that should propel it to heights previously unseen in the New Jersey online poker market.
There are a number of striking similarities between the NJSCOOP and the GSSS IV.
There are also a few noteworthy differences:
Full NJSCOOP schedule here.
The NJSCOOP is among the most aggressive series we’ve witnessed, featuring a total series guarantee of $1.1 million and an average guaranteed prize pool of $20,370 per tournament. By contrast, the average per tournament guarantee for the GSSS IV was just $16,100.
In severely capped liquidity markets, ambition is usually synonymous with disappointment. Yet, there’s good reason to believe the NJSCOOP will defy odds and become the most successful MTT series in New Jersey:
Lastly, if players didn’t already have enough incentive to participate in NJSCOOP events, the top 15 players will receive tournament dollar rewards ranging from $250 to $2,000.
If that weren’t enough, first and second place will be gifted a spot on Team USA for the upcoming Americas Cup of Poker – to be held at Resorts AC from June 23 to June 27 – where they’ll compete for a $100,000 prize pool.
After a brief stumble, PokerStars is back on top in New Jersey.
The latest figures reported by Poker Industry Pro via online poker trafficking site PokerScout show current 7-day traffic averages of 133 for PokerStars NJ and 123 for second place WSOP/888. Third place Party/Borgata is sitting tight with averages hovering in the low 80’s.
Although some may view this as a shocking turn of events, it’s hardly an unexpected result. Since launching in mid-March, PokerStars has made its intent clear – to dominate on the tournament front.
This is evidenced by its strong promotional focus on Spin & Go’s, MTTs and more recently Sit & Go’s. Contrarily, WSOP NJ launched a new cash game promotion on May 1 that awards cash game players with increased loyalty points during select Happy Hours.
Reaching further, PokerStars’ cash games appear to be mostly dominated by regular and professional players – which makes sense considering that the players most inclined to call PokerStars their home are the ones who were familiar with it pre-Black Friday.
WSOP/888 on the other hand, seems to attract a mostly casual ilk, even more so now that WSOP awareness is on the rise (the live Series begins at the end of May).
In either case, cash game traffic is hardly synonymous with revenue, as despite higher liquidity, WSOP/888 consistently lags behind its competitors in gross monthly revenue.
Given the popularity of Spin & Go’s and the presence of the NJSCOOP, don’t expect that to change in May, as PokerStars should run away with the revenue share lead – regardless of whether or not it maintains its narrow lead on the cash game front.