- During these turbulent economic times, some well known charitable organizations have considered hosting poker tournaments to usher in much needed funds. Some private schools are even hosting poker games to supplement their scholarship funds. A texas hold em player will give back to his community by supporting these events.
Pros of Charity/Fund Raising Poker
- Charity tournaments might be great social events which compile great number of poker layers to guide the cause. Somehow, it can be more palatable to pay for an 'entry fee' than it is to create a donation check!
- The level of skill with the players that relate up to these events is poor. Playing good poker is secondary within the minds of countless players to having a fun time while supporting a great cause. This mentality presents a chance for the skillful player to "clean up' with the worth of the social players. Based on the size of the tournaments, the payouts could be significant. You might be in a position to parlay a $60 entry fee in a $1,000 pay check for winning.
Cons of Charity/Fund raising Poker
- The largest trouble with these type of poker games could be the insufficient professional management by the event organizers. A life threatening player can easily become irritated each time a tournament starts a half hour late, or he gets seated at a table by having an inexperienced dealer, etc. Violations from the rules and etiquette with the game are commonplace at fund raisers.
- The 'rake' can be very high at these events. Remember, the primary reason the charity organization hosting the game to start with is the want to raise money. A rake of 25-40% isn't unusual at these games that is unacceptably high with a player looking to boost his bankroll.
- A thing of caution in connection with legality of these games, the charities often believe they're immune from compliance with local laws regarding gambling, nevertheless the sheriff doesn't necessarily agree! Research your options before determining to play in fund raisers so you can make the best decision.