45% VIP Rakeback

Overbet VIP Bonus Review

Overbet is a site on the fast-growing Merge Gaming Network, which has seen their traffic increase by over 5x since early 2010. Overbet is home to poker pros Martin "Megal0d0n" Gerrits, Scott "URnotINdanger2" Palmer and Josh "LitleBastrd" Tieman. The site allows new US sign-ups effective October 13, 2011. However, new players from Washington D.C. and the states of Kentucky, Louisiana, Maryland, Missouri, New York, and Washington will still not be accepted. Players signing up at Overbet through Rake Tracker will receive a sign-up bonus of 100% up to $600 and a VIP program that yields up to 45% in equivalent rakeback.

Overbet offers players a VIP program that awards a VIP rate of up to 45% through the awarding of Cash Rebates for VIP Points. The VIP program is based on lifetime rake and the more VIP Points earn, the higher returns they will receive. Alternative, once players deposit $1,000 or more they will receive automatic access to the program. The site highlights a VIP host on Skype, AIM, MSN or email, special VIP promotions and exclusive strategy content from one of the Overbet Pros. VIP players will also receive faster cashouts and faster response to any question they have about Overbet.

Overbet VIP Program
Status	Qualification (Rake)	Cash Rebate	Total Value
2High-6High	100-1,500 ($10-$150)	Cash Rebate	N/A
7 High	1,500 ($150)	$5/500	10%
8 High	2,000 ($200)	$12.50/750	17%
9 High	5,000 ($500)	$20/1,000	20%
10 High	10,000 ($1,000)	$50/2,000	25%
J High	50,000 ($5,000)	$150/5,000	30%
Q High	100,000 ($10,000)	$350/10,000	35%
K High	200,000 ($20,000)	$600/15,000	40%
A High	300,000 ($30,000)	$900/20,000	45%

Do not use Overbet Refer a Friend program when you sign up as it will prevent you from receiving rakeback.

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Overbet Summary:

Overbet is one of the newer online poker rooms on the fast-growing Merge Gaming Network. Due to the large growth of the network over the last couple years, Merge Gaming is now one of the top 10 online poker networks in the world. Overbet currently accept new US players effective October 13, 2011.

The Overbet software is among the most unique in online poker and provides players with a fun exeperience. Features include table acocoldes, rabbting cards, "show one card" and Deal It Twice tables. Merge Gaming offers more variety in their games than any other site.In addition to the standard offerings such as Hold'em, Stud and Omaha, the site also offers many Mixed and Draw games. Overbet also offers hundreds of thousands of dollars a week in guaranteed tournaments, which culminate with a $100,000 guaranteed event.

Rakeback is no longer offered on the network to new players, but they do offer a VIP program with a rakeback equivalent rate of up to 45% for VIP players. This is in addition to a 100% up to $600 sign-up bonus, worth another 13% in VIP rakeback. The Bad Beat Jackpot tables, some of the most populated tables on the site, feature a progessive jackpot prize that frequently reaches into the hundreds of thousands of dollars. Overbet will even award a Royal Flush bonus of up to $1,000 when a player is dealt the hand at any Texas Hold'em game.

Deposit and Withdrawal Methods
Method	US Option	Deposit	Withdrawal	Notes
checks	Yes	No	Yes	Fees are dependent on VIP status
Visa	Yes	Yes	No	Low Success Rate for US players
Click2pay	Yes	Yes	Yes	Existing accounts
Cash Transfer	Yes	Yes	No	Local Transfer
Neteller	No	Yes	Yes
Moneybookers	No	Yes	Yes
Click2pay	No	Yes	Yes
echeck	No	Yes	Yes
Visa	No	Yes	Yes
Mastercard	No	Yes	Yes
EcoCard	No	Yes	Yes
ClickandBuy	No	Yes	Yes
Paysafecard	No	Yes	No
Entropay	No	Yes	No
Instadebit	No	Yes	No
Giroypay	No	Yes	No
Netcents	No	Yes	No

Player to Player Transfers: Yes- available by clicking "cashier" and then "Transfer." Minimum transfer amount is $5.

Attributes:

Network:

Merge Gaming

Established:

2010

USA Accepted:

Yes

EU Licensed:

Yes

Jurisdiction:

Malta, Kahnawake

Public Company:

No

Operator:

Overbet

Accounts on Multiple Skins:

Allowed, but you must be inactive on the 2nd account for 60 days to receive bonuses.

Restricted Countries:

Australia, France

Restricted States:

District of Columbia, Kentucky, Louisana, Maryland, Missouri, New York, Washington

Mobile Version:

No

Download Versions:

Windows, Mac

No Download Vers.:

No

Website Languages:

English

Email:

support@overbet.com

Live Chat:

Yes- in client

Phone Help:

No

Overbet VIP Help:

Contact Us

Overbet Software

Multi-tabling:

Unlimited

Features:

Resizable tables (616x488 min, full screen max), auto-rebuy, personalized seating, custom avatars, rabbit hunting, expose one card, accolades, animated smileys, many multi-table modes, time bank

Hands per hour:

62- NL Hold’em Full Ring, 78- NL Hold’em Shorthanded, 62- Fixed Limit Hold’em Full Ring, 78- Fixed Hold’em Shorthanded

Client Languages:

English

Mac Friendly Client:

Yes- dedicated download

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Overbet Bonus Details

Bonus: 100% up to $600
Referral Bonus Code:
Clear Rate: 75 VIPs per $1 of bonus money.

Earning VIPs Points: Players earn 10 VIP Points for every $1 in contributed rake at cash games and tournaments.

Additional Terms: The bonus expires 90 days after deposit date or once another deposit is made. The bonus will release in $5 increments.

Overbet Account Specific and Reload Bonuses

Overbet is not known to offer reload or account specific bonuses. Most of the cash-based rewards that players will receive at Overbet will come in the form of bonuses and cash from the VIP program.

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Rakeback Equivalents -- Cash Games
Cash Games	Full Ring	Shorthanded
Sign-Up Bonus RB Equivalent	13.3%	13.3
Adds to VIP Program	13.3% (58.3% total)	13.3% (58.3% total)

Rakeback Equivalents -- Tournaments
Tournaments	Full Ring
Sign-Up Bonus RB Equivalent	13.3%
Adds to VIP Program	13.3% (58.3%)

Games

Overbet offers more types of cash games than any other site. Like almost all online poker sites, the most popular games at Overbet are at No Limit and Fixed Limit Hold'em and Pot Limit Omaha. Players can find plentiful action up to $5/$10 at No Limit Hold'em with most of the tables running at six-seat shorthanded tables. There is much less activity at the Fixed Limit Hold'em tables, although games can be seen running up to $5/$10 as well. Tables are available for games from $0.02/$0.04 all the way to $50/$100.

Omaha games include No Limit, Pot Limit and Fixed Limit versions in Omaha and Omaha Hi/Lo. Much of the Omaha action is found at the Pot Limit Omaha tables, especially below $2/$4 and below. Overbet provides tables with stake levels of $0.02/$0.04-$50/$100, with the possibilty of action popping up at any time.

In addition to the standard games available at most sites, Overbet offers a large number of unique games. Mixed games on the site include HORSE (Hold'em, Omaha, Razz, Stud and Eight or Better), SHOE, RASH, HAR and HA. Other unusual offerings include Badugi, Draw, 5 Card Stud and 7 Card Stud games in Pot Limit, which is quite unusual for Stud. Action in most of these games is relatively sparse.

Tables at most games are available in 2, 6 or 9 seats with 8 seats available at Stud tables, which is the standard amount. Hold'em players who like the prospect of a big score should check out the popular Bad Beat Jackpot tables. Jackpots for these tables can reach near a million dollars or more. These table are available at limits from $0.50/$1.00 to $5/$10. Also unique on the Merge Gaming Network are "Deal It Twice" tables that are available at limits of $0.50/$1.00-$1/$2.

Hold'em
Hold'em	# of Seats	Offered	Available*	Types
No Limit	2,6,9	$0.02/$0.04-$50/$100	Up to $10/$20	Bad Beat, Deal It Twice
Pot Limit	2,6,9	$0.05/$0.10-$25/$50	Limited
Fixed Limit	2,6,9	$0.02/$0.04-$50/$100	Up to $5/$10	Bad Beat

Omaha
Omaha	# of Seats	Offered	Available*	Types
Pot Limit	2,6,9	$0.02/$0.04-$500/$1000	Limited
Fixed Limit	9	$0.10/$0.20-$30/$60	Up to $2/$4

Omaha Hi/Lo
Omaha Hi/Lo	# of Seats	Offered	Available*	Types
Pot Limit/No Limit	2,6,9	$0.02/$0.04-$10/$25	Up to $0.50/$1.00
Fixed Limit	6,9	$0.10/$0.20-$25/$50	Limited

Hold'em
Hold'em	# of Seats	Offered	Available*	Types
No Limit	2,6,9	$0.02/$0.04-$50/$100	Up to $10/$20	Bad Beat, Deal It Twice
Pot Limit	2,6,9	$.05/$.10-$25/$50	Limited
Fixed Limit	2,6,9	$.02/$.04-$50/$100	Up to $5/$10	Bad Beat

Stud
Stud	# of Seats	Offered	Available*	Types
Hi	8	$0.10/$0.20-$25/$50	Limited
Fixed Limit	8	$0.10/$0.20-$25/$50	Limited
Fixed Limit	8	$0.10/$0.20-$25/$50	Limited

Other Games: Pot Limit 7 Card Stud, Pot Limit 7 Card Stud Hi/Lo, Pot Limit Razz, Limit 5 Card, Pot Limit 5 Card, Limit 5 Card Draw, Limit 2-7 Lowball, Pot Limit 2-7 Lowball, Limit A-5 Lowball, Pot Limit A-5 Lowball, Badugi, HORSE, HOSE, RASH, SHOE, HAR, HO, HA

Multi-Table Tournaments

With the Merge Gaming Network growing so rapidily over the last couple years, multi-table tournament prize pools are growing as well. Overbet and the rest of the network currenly offers over $3 million a month in guaranteed tournaments. Popular tournaments on the site include a $30+3 $10,000 guaranteed on Saturdays and a daily $10k held at 10 PM ET. Players looking for a top-tier tournament should look no further than the $100,000 guaranteed held on Sundays at 4 PM ET, with satellites available with buy-ins as low as $11. Some freerolls to the tournament are also available.

Overbet allows players to enter many multi-table tournament with VIP Points at a rate of $0.01 per VIP Point. In addition to satellites for many Overbet online poker tournaments, the network also offers satellites to popular Live Events as well including to the Aussie Millions, World Series of Poker, European Poker Tour and World Poker Tour. Satellites for these events start at $2.20 so anybody has the chance of making it reach.

Multi-table tournaments on the site are available in standard formats such as Deep Stakcs, Rebuys, Turbos and many others. Also available are Bounty and the maniacal All-in/Fold events, which give players one of two actions -- you guessed it: All-in or Fold. Players may enjoy the fact that EV is available for all guaranteed tournaments, giving all players a hand guide of any extra value in the tournament.

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Carbon Poker Featured Tournaments
Name	Buy-in	When	Gtd.	Sat	Notes
Sunday $100k Gtd.	$100+$9	4 PM ET/20:00 GMT	$50k	Yes
Saturday $10k Gtd.	$30+$3	2 PM ET/18:00 GMT	$12.5k	Yes
Daily $10k Gtd.	$30+$3	10 PM ET/02:15 GMT Daily	$7k	Yes	Rebuy and Add-on

SNGs

Overbet offers Sit N Gos in a large variety of games including various forms of Hold'em, Omaha and Stud. Despite offering many types of Sit N Gos, the large majority of the action is available at No Limit Hold'em. During peak times on the site, players can find action up to $100+$9, with most of the tables available shorthanded. Occasionally, higher buy-in action will get going (maximum buy-ins can reach $5500+$80).

Merge Gaming offers a variety of styles of Sit N Gos. One of the most popular, Double Up -- which are sometimes referred to as Double Up or Nothing, pay half of the prize pool double their buy-in. Sit N Gos are also offered in Turbo varieties where the blinds go up every 4 minutes as opposed to the standard 7 minutes. With Bounty Sit N Gos, payouts will be based on knocking out other players and are denoted with a green dollar sign. To pay the Bounties, Ovebet take a portion of the prize pool and awards players each time they knock out an opponent. This is often 50% of the total prize pool, but can be anywhere from 10%-100%.

Sit N Go tournaments on Overbet start with buy-ins as low as $0.60. These small buy-in Sit N Gos are called “Fast Fifty SnGs.” Buy-in levels move all the way up to $5500+$80, available in the Turbo heads-up tables variety. All-in or Fold tournaments provide players with an interesting way to gamble with little skill involved. At the Carbon Poker SuperTurbo Sit N Gos, blinds increase every 3 minutes.

Overbet Rake Schedule

Overbet Rake Schedule
# of players		2-3	4-5	6-10
Fixed Limit	Up to $1/$2	$0.01 per $0.20, $1 max (5%)	$0.01 per $0.20, $1 max (5%)	$0.01 per $0.20, $1 max (5%)
Fixed Limit	$2/$4 and Up	$0.01 per $0.20, $1 max (5%)	$0.01 per $0.20, $2 max (5%)	$0.01 per $0.20, $3 max (5%)
No Limit	All games	$0.01 per $0.20, $1 max (5%)	$0.01 per $0.20, $2 max (5%)	$0.01 per $0.20, $3 max (5%)

Example: At a $1/$2 fixed limit Hold'em game with 6 players seated and dealt cards, $0.01 in rake would be taken for each $0.20 in the pot up to a total of $1 in rake. Once the pot reaches $20, no further rake is taken. "5%" represents the % of the pot that is raked from the table at the time the rake is taken. Because many pots do not end up being raked (i.e. if no flop is seen) or if the pot is in between rake levels, effective rake levels are lower.

Overbet VIP Program

Through the Ace-High VIP Program, Overbet poker players can excahnge VIP Points for cash. As players move up in VIP levels, which is done by the accumulation of VIP Points (over the life of the account), players can exchange their points for higher rates. Players are allowed to exchange VIP Points for cash up to 3 times for each bonus. One negative of the program is that players must accumulate a large number of VIP Points to receive the highest rates. Also, layers that don't earn 1 VIP on the site for 60 days will see their points gradually decay.

Overbet VIP Program
Status	Qualification (Rake)	Cash Rebate	Total Value
2High-6High	100-1,500 ($10-$150)	Cash Rebate	N/A
7 High	1,500 ($150)	$5/500	10%
8 High	2,000 ($200)	$12.50/750	17%
9 High	5,000 ($500)	$20/1,000	20%
10 High	10,000 ($1,000)	$50/2,000	25%
J High	50,000 ($5,000)	$150/5,000	30%
Q High	100,000 ($10,000)	$350/10,000	35%
K High	200,000 ($20,000)	$600/15,000	40%
A High	300,000 ($30,000)	$900/20,000	45%

Additional Perks:

Level	Weekly Freerolls	Birthday Coupon	Event Invitations	Check Withdrawals
Earth	$750	$5.40	No	$20
Wind	$1,500	$11	No	$15
Fire	$2,000	$33	No	$10
Water	$2,500	$60	Yes	$5
Ether	$3,500	$109	Yes	Free

Additional Perks:

Overbet VIP Program Additional Details
Status	Monthly Freeroll	Decay	Decay Pts.
2High-6High	$250-$750	N/A	N/A
7 High	$750	60 days	500
8 High	$1,000	60 days	750
9 High	$1,000	60 days	1,000
10 High	$2,000	60 days	2,000
J High	$3,000	60 days	5,000
Q High	$4,000	60 days	10,000
K High	$5,000	60 days	15,000
A High	$8,000	60 days	20,000

Bad Beat Jackpots

Bad Beat Jackpot Snapshot
Largest Seen Jackpot	Coming soon
Minimum Qualifying Hand	7777x
Jackpot Rake	$0.50
Jackpot %/Next Jackpot %/Admin fee %	70/20/10
Loser %	50%
Winner %	25%
Remaining Table %	25%

Overbet players who sit down on the site's popular Bad Beat Jackpot tables can earn a part of a large progressive prize when a player loses with Quad Sevens. The tables are available at Limit Hold'em at stake levels of $1/$2-$5/$10 and $0.50/$1.00-$5/$10 at No Limit Hold'em. When Quad Sevens are beat under specific conditions, 70% of the prize will be awarded with 50% of the paid amount going to the loser, 25% to the winner and 25% to the rest of the table. 20% of the non-paid amount will be used to reseed the next jackpot and 10% is taken by Carbon Poker as an administrative fee.

Merge Gaming takes a $0.50 jackpot drop from each pot where there is rake taken. In order to qualify for a Bad Beat Jackpot hand, the hand must meet certain other conditions. Both the winning and losing hand must use both hole cards and both players must also be active at the end of the hand. Players sitting who were not dealt cards will not be eligible for a prize.

Royal Flush Bonus

Players dealt a Royal Flush at Overbet are treated with a special bonus. Any player who is dealt a Royal Flush at any real money Texas Hold'em table will be given a bonus of 100x the blind blind up to $1,000. In order to receive the prize, both hole cards mmust be used and the player must win the original hand with a Royal Flush. If you are eligible for a prize you must submit a claim to support@overbet.com within 48 hours of the hand. Make sure to include the hand number. If the player is seated at a Deal It Twice table, only the first hand will count towards the prize. Players must wait 10 days to receive their Royal Flush Bonus.

$20,000 Tournament King

Overbet offers two Multi-table leaderboards as part of the Tourney King promotion, which pays a combined $20,000 in cash and prizes each month. The tournament leaderboards are divided by buy-in size: a Low Limit Leaderboard for $0-$19.99 and a High Limit Leaderboard for buy-ins of $20 or more.

Leaderboard position is determined according to a formula that consists of average buy-in cost for the tournament, total number of participants, entrants, final placing and a final table bonus. Be one of the top 250 MTT players in each of the leaderboards during the month to receive access to a special tournament, which will be held on the second Sunday of the month following the leaderboard results. Chip stack amounts will vary according to your position on the leaderboard.

High Limit Leaderboard (for players at buy-ins of $20 or more): Tournament will give away over $13,000 in prizes, split between the top 50 players. Top prize is $3,000

Low Limit Leaderboard (for players at buy-ins of $0-$19.99). Tournament will award $7,500 in prizes, split between the top 50 players. Top prize is $1,500.

Monthly SNG Leaderboard

Monthly SNG Leaderboards
Leaderboard	Total Prize	Winners Paid	Prize Range
SNG Monthly	$10,000	25	$100-$2000

Carbon Poker awards their top Sit N Go players with a total of $10,000 in monthly cash prizes. SNG Leaderboard Points will be determined using a formula that takes into account position, buy-in fee and a streak bonus, which awards multiple wins in a row. In addition to the main leaderboard prizes, Carbon Poker will award players with the longest winning streaks according to the chart below.

Streak Bonus Prizes
Place	Prize
1st	$750
2nd	$500
3rd	$350
4th	$250
5th	$150

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