Poker term
Guarantee
The minimum prize pool an organiser promises for a tournament regardless of how many players enter. If entries fall short, the venue covers the difference — an overlay — which is free money for the players who did turn up.
Frequently asked questions
What does GTD mean on a tournament schedule?
Guaranteed. The organiser promises a minimum prize pool regardless of how many players enter.
What happens if a guarantee is not met?
The organiser makes up the difference out of its own pocket. That shortfall is called an overlay and it is free money for everyone in the field.