Adrian Mateos Shakes Off Three Bubbles to Win Poker Masters Event #5
Key Details Spain’s Adrian Mateos won 2026 Poker Masters Event #5, a $10,500 No-Limit Hold’em tournament, for $229,500 on Saturday,
PokerStars on FanDuel Absorbs Roughly $1.75 Million in Tournament Overlays

By Sandra Gaweda | October 19, 2026 | 3 min read
PokerStars on FanDuel has covered roughly $1.75 million in tournament overlays since its US relaunch. According to Pokerfuse, the spring Ignite Series had $1,063,762 in overlays, followed by another $686,740 during the September Dynasty Series.
Despite the shortfalls, players in Michigan, New Jersey and Pennsylvania still competed for the full guaranteed prize pools. PokerStars on FanDuel covered the difference between the promised prize money and the amount collected from tournament entries.
The results raise questions about whether the operator can keep offering such large guarantees with players from just three US states.
The Ignite Series ran from April 18 to May 4, 2026. It featured 90 tournaments with $5 million in total guarantees. The series fell short by $1,063,762, but players still received the promised prize pools.
The September Dynasty Series saw another $686,740 in overlays. Together, the two series left PokerStars on FanDuel covering roughly $1.75 million in shortfalls.
The Dynasty Series ran 100 US events from September 12 to 28, with buy-ins starting at $10. Despite awarding more than $3.5 million in prize money, most events failed to meet their guarantees.

Although the total prize pool beat the combined guarantees, 86 of the 100 tournaments still fell short. Each tournament’s guarantee is measured separately, so extra entries in one event don’t cancel out an overlay in another.
Three major No-Limit Hold’em tournaments accounted for nearly $150,000 in overlays:
The $300 Main Event took place on September 27 and 28. It accounted for most of the combined shortfall across these three tournaments.
Tournaments need enough entries to meet their guaranteed prize pools. PokerStars on FanDuel has repeatedly fallen short, although the reasons remain unclear.
FanDuel may be offering larger guarantees to attract more players. Its sportsbook and casino businesses could help cover the costs. Our earlier coverage of FanDuel’s push to grow its online poker arm explains more about its US poker expansion.
Tournament schedules, player demand and the move to a new platform may also play a role. PokerStars on FanDuel now uses iPoker’s software. Future tournament results may show whether more players are joining its events.
PokerStars on FanDuel operates in Michigan, New Jersey and Pennsylvania. Players from these three states compete in shared online poker tournaments, which limits the number of people who can enter.
Each state has its own online poker laws. Our New Jersey online poker guide explains how licensing works, while our MSIGA guide covers how states can share online poker players.
With only three states in its player pool, PokerStars on FanDuel has fewer players to draw from than sites serving larger markets. When tournament entries fall short of the guarantee, the operator must cover the difference.
For players in Michigan, New Jersey and Pennsylvania, these overlays have meant bigger prize pools than tournament entries alone could support.
The repeated shortfalls also raise questions about whether FanDuel will lower its guarantees in future events. Players can also watch tournament turnout and compare it with advertised guarantees to spot events that may offer extra value.
Key Details Spain’s Adrian Mateos won 2026 Poker Masters Event #5, a $10,500 No-Limit Hold’em tournament, for $229,500 on Saturday,
Key Details New Yorker Nicholas “Nicky P” Palma won 2026 Poker Masters Event #2: $10,500 No-Limit Hold’em on Wednesday, October
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