And that’s a wrap.
PokerStars’ ring-fenced online site in Michigan wrapped up its inaugural Michigan Championship of Online Poker (MICOOP) on Monday while crowning the winner of the $300 buy-in main event. An unknown player with the username “smftt” took home the top prize of more than $56,000, beating a field that drew 1,284 entries. Players could enter more than once.
Usernames “zscoro” and “cbauer6789” took second and third, respectively ($40,200 and $28,600).
Arguably the most successful player of the entire series finished ninth in the main event. A player with the username “sexycaitlyn” won nearly $3,800 in the main event after a pair of wins earlier in the series. The player was one of just two double winners in the series. Sexycaitlyn cashed for nearly $20,000 in just those three events, and likely more across the entire 60-event schedule.
The main event generated a prize pool of nearly $360,000. The guarantee was $200,000, up from an original $125,000. PokerStars continued to raise guarantees after confirming the online poker demand in Michigan. Online sports betting and online casino are also available.
Nearly all guarantees surpassed across the series
The 60-event series had about $1.4 million in total guarantees. According to PocketFives, only a few events had overlays. More than $2.2 million in total prize money was awarded to players. PokerStars made revenue off of fees from the events.
According to PokerFuse, PokerStars made about $186,000 off the series (not factoring in the overlays it paid), which drew nearly 30,000 total entries. Many of the events allowed re-entry, so it’s unclear how many unique usernames played in the MICOOP.
The inaugural MICOOP easily beat the inaugural PACOOP in Pennsylvania, which was held in late 2019. That PokerStars PA series awarded $1.55 million in prize money over 50 events. This is very much an apples-to-oranges comparison due to the ongoing COVID-19 pandemic and the rapid evolution of the U.S. iGaming sector.
PokerStars is currently live in just Michigan, Pennsylvania, and New Jersey.
A date for another MICOOP hasn’t been announced.