Wednesday, June 22, 2005

Poker Tournament this Saturday 1:00

It’s that time again!!! As many of you know….the old table was purchased by J.G. and a new one is being built and its time to christen it right! As usual, RSVP as soon as you can!! Also, I'd like to get feedback on format and rules...any suggestions... be sure to let me know.


Official Rules:

The Game:
No Limit Texas Hold 'em

The Time:
1:00pm Saturday, June 25th

Buy In:
$50 +$5 (for beer, snacks, maybe a surprise appearance, etc) = $1500 in chips

Payout:
100% of buyin will be paid out
Payout will be based on total # of players.


Betting
Check and raise is allowed.
The minimum bet is equal to the size of the big blind.
The raise must always be at least the size of the previous bet orraise.
3 raise limit
Any player can bet all of their chips at anytime (ALL-IN).
When only two players are left sitting at the table, the BB is dealtto first, the button acts first before the flop, and the BB acts firstafter the flop.
Do not splash the pot. Stack your bets in front of you and push theminto the post after the betting round is complete. This will eliminatesome confusion that may occur with no limit betting.
Do not bet, check, call, fold, or raise out of turn.
Any vocalized intent is binding. Ex. If you declare that you are calling you cannot then raise. Or, if you say raise $20 and the minimum raise is $50 you will have been deemed to have meant raise $50.
The cards speak for themselves.
If there is any confusion on any rule the Tournament Director (me!) shall have final say unless I am the one involved. In which case, it will be put to the table for a determination.
THE DEAL
Seat positions will be decided by a random draw of players names.
The player to the right of the dealer must cut the deck before thecards are dealt.
The dealer is responsible for making sure that all bets have beencalled before dealing each round of card(s).
Mucked cards cannot be retrieved from the pile.
If a card is exposed during the deal, the deal is declared a misdealand the hand is re-dealt. The button does not move.
If a burn card or a mucked card is exposed, the card is made availableto the table. The hand is not re-dealt.
If a community card is exposed prior to the action being completed,the card remains as is. It will not be burned.
If there was a bet or raise on the end, the person who made that lastbet or raise shows his/her cards first. If it’s checked around, the firstperson to act (left of dealer) shows first.
SCHEDULE FOR BLINDS: $1000/chips
Time
SB
BB
Ante
30 minutes
$25
$50
$0
30 minutes
$50
$100
$0
30 minutes
$100
$200
$0
30 minutes
$200
$400
$0
30 minutes
$300
$600
$100


There will be a 10 minute break every 90 minutes. Anyone not at their seat for any reason will be have their blind automatically posted and will automatically fold their hand when they are in position to act.
When down to 5 players, the blinds will be raised every time a player is eliminated.
OTHER
Agreements can be made between players at anytime to split the payout.
If two players tie for the high hand, the pot is split. If thereis a split pot, not equally divisible by the number of players inthe hand, the “extra” chips will be awarded to the playerclosest to the left of the button.
If two players get eliminated in the same hand, the person who startedthe hand with the most chips gets the higher finish and awarded thecorresponding prize pool for that placement.

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