ShardCark 0 Posted January 16, 2006 Share Posted January 16, 2006 Known expenses are; paying 2 guys a little to help with the tourny, soft drinks and snacks, maybe a small trophy or such for the winner.Would 15% total be fair, assuming all expenses are taken from the 15%?Thanks for replies. Link to post Share on other sites
MyPlayIsRAB 0 Posted January 16, 2006 Share Posted January 16, 2006 6-10% is usually the cut for a MTT Link to post Share on other sites
custom36 4 Posted January 16, 2006 Share Posted January 16, 2006 Would 15% total be fair, assuming all expenses are taken from the 15%? Yeah, but if it's going to take 15%, that's a pretty small buy-in Link to post Share on other sites
SabaAba 0 Posted January 16, 2006 Share Posted January 16, 2006 Unless you are a casino, it' illegal in most states to rake the pot in a home game. However, just charge everyone $10 for pizza and drinks. You should not have to pay anyone to help you and when I run my home tourneys I don't take anything for myself but if you wanted to take a free entry for yourself, that would be fair. Link to post Share on other sites
ShardCark 0 Posted January 16, 2006 Author Share Posted January 16, 2006 Would 15% total be fair, assuming all expenses are taken from the 15%? Yeah, but if it's going to take 15%, that's a pretty small buy-inThe buy in will most likely be bewteen $100 and $150. Most of the expenses are paying entry fees to the 2 guys helping me. Link to post Share on other sites
TheLadiezMan 0 Posted January 16, 2006 Share Posted January 16, 2006 How many tables are you talking ? How much money is there going to be floating around? Maybe you should higher Mr. T and the A-team to be your security detail. Link to post Share on other sites
ShardCark 0 Posted January 16, 2006 Author Share Posted January 16, 2006 How many tables are you talking ? How much money is there going to be floating around? Maybe you should higher Mr. T and the A-team to be your security detail.Won't be quite big enough a job for the A Team. But, we're capping it at 48 players, and expect to fill up.By the way, I'm keeping nothing. Just the free buy-ins. Link to post Share on other sites
timwakefield 68 Posted January 16, 2006 Share Posted January 16, 2006 Don't take expenses from an entry fee. Figure out the expenses (chips and soda can't be more than $3-$5 per person) and charge that.Then decide if you want to charge an entry fee...I think 10% is pretty well accepted. But if you take an entry fee, you cannot play, since you are profiting off of the game already. Charging an entry fee which exactly covers your buy-in and 2 other buy-ins sounds fishy to me...either charge 10% and don't play (in which case you pocket around $500), or don't charge an entry fee past a few bucks for snacks. Link to post Share on other sites
benhoug 0 Posted January 16, 2006 Share Posted January 16, 2006 stop being so greedy. Raking home games/tournaments is weak. Link to post Share on other sites
ShardCark 0 Posted January 16, 2006 Author Share Posted January 16, 2006 stop being so greedy. Raking home games/tournaments is weak.Not sure I see where taking out money to pay for drinks, snacks and an entry fee for the guy hosting and another for the guy offering supplies (tables, chips and such) is "raking" a game. Link to post Share on other sites
benhoug 0 Posted January 16, 2006 Share Posted January 16, 2006 Not sure I see where taking out money to pay for drinks, snacks and an entry fee for the guy hosting and another for the guy offering supplies (tables, chips and such) is "raking" a game.I've hosted tons of home tournaments and I provide the table, the chips, the chairs, etc. and I've never asked for a penny for it. I just think it's weak. Link to post Share on other sites
timwakefield 68 Posted January 16, 2006 Share Posted January 16, 2006 stop being so greedy. Raking home games/tournaments is weak.Not sure I see where taking out money to pay for drinks, snacks and an entry fee for the guy hosting and another for the guy offering supplies (tables, chips and such) is "raking" a game.An entry fee IS "raking a game." Taking money out for snacks is one thing. Taking an entry fee to compensate yourself for the trouble of hosting equals raking/profiting. I'm not saying it's morally wrong (seeing as how you cannot play a casino game without paying an entry fee/rake), but charging to cover the "expenses" of hosting/offering supplies is raking. If you need to buy chips, cards, tables, snacks, etc add up the total cost and divide it by the number of players and charge that. Anything above that is a profit for you, so decide whether you are going to profit or not. Even if the entry fees only cover you and your 2 helpers' buy ins, that's still a $100 profit each which you are then gambling. But like I said before, I think it's fishy to charge an entry fee and then play. Do one or the other. Link to post Share on other sites
chappy3 0 Posted January 16, 2006 Share Posted January 16, 2006 If you take the time to put together a tournamenet and make sure you fill up by calling people constantly and dealing with all the bs that it takes to put one on. :wink: Then i think charge an extra 10%, buy food/drink for everyone, and have a dealer for the final table. People get their money's worth, and you get a little something for your time. Link to post Share on other sites
timwakefield 68 Posted January 16, 2006 Share Posted January 16, 2006 If you take the time to put together a tournamenet and make sure you fill up by calling people constantly and dealing with all the bs that it takes to put one on. Â :wink: Then i think charge an extra 10%, buy food/drink for everyone, and have a dealer for the final table. Â People get their money's worth, and you get a little something for your time.I agree, but I don't think you can play if you do that. Since you'll be making a handsome profit, and since there will be a lot of money lying around, you might consider being the tournament director...making sure everybody knows all the rules, keeping track of the cash, settling disputes, and maybe dealing final table. Link to post Share on other sites
DrawingDeadInDM 0 Posted January 16, 2006 Share Posted January 16, 2006 48 people. 100 dollar buy in. 15%. You're taking 720 dollars to cover chips, pop and two 100 dollar buy ins.So, 520 dollars for chips and pop, and that's assuming you don't do the 150 dollar buy in. That Pepsi better come with a blow job and those Ruffles better be sprinkled with Grade A Afghani Opium.Just sayin'. Link to post Share on other sites
Pupsta 0 Posted January 16, 2006 Share Posted January 16, 2006 either make it BYOB and have the people order pizza, or take $5 a head off of everyone, but raking 15% off of 150 is absurd, especially under the guise of "just doing it for chips and soda and the entry fees of my helpers."i mean, seriously, how hard is it to run a 5-6 table tourney....yo uhave to keep the tables balanced and announce when blinds go up. that's it, that's the list. blind retarded syphilis infected monkeys can run tourneys. it's not worth 1k for your troubles to do so. Link to post Share on other sites
mrdannyg 274 Posted January 16, 2006 Share Posted January 16, 2006 either make it BYOB and have the people order pizza, or take $5 a head off of everyone, but raking 15% off of 150 is absurd, especially under the guise of "just doing it for chips and soda and the entry fees of my helpers."i mean, seriously, how hard is it to run a 5-6 table tourney....yo uhave to keep the tables balanced and announce when blinds go up. that's it, that's the list. blind retarded syphilis infected monkeys can run tourneys. it's not worth 1k for your troubles to do so.so i got the job? Link to post Share on other sites
Erik67 0 Posted January 16, 2006 Share Posted January 16, 2006 stop being so greedy. Raking home games/tournaments is weak.I agree. I host cash games and tourneys 3-4 times a month for 2 years and have never charged a nickel. I buy a Subway sandwich platter and everybody puts in a buck when they take a piece and the drnks are BYOB.When we decided that we wanted a real table it was $300, I put in $100 and a few of the regulars chipped in to cover the other $200. Even if I paid for everything, I'd still be up about $3000 in the last 2 years at my house.Most of guys that come over are bad beyond belief, but they know it and don't care. Link to post Share on other sites
ajs510 122 Posted January 16, 2006 Share Posted January 16, 2006 48 people. 100 dollar buy in. 15%. Â You're taking 720 dollars to cover chips, pop and two 100 dollar buy ins.So, 520 dollars for chips and pop, and that's assuming you don't do the 150 dollar buy in. Â That Pepsi better come with a blow job and those Ruffles better be sprinkled with Grade A Afghani Opium.Just sayin'.LOFL Link to post Share on other sites
AlTrade 0 Posted January 16, 2006 Share Posted January 16, 2006 I have a home game tounament the 1st and 3rd Friday of each month.I have been doing this for about two years. I get between 15 and 24 players. The buy in is $50.00 and everyone chips in $5.00 for pizza, chips and drinks. Most guys bring some beer or what ever they want to drink. I have never had anyone complain about the $5.00 to cover the refreshments. I always pay my own way into the tournaments, just wouldn't feel right when I win and didn't contribute to the pot. Link to post Share on other sites
CaptainHooks 0 Posted January 16, 2006 Share Posted January 16, 2006 If its a bunch of ur friends or friends of friends, then even an entry fee is not right. I've played in tons of home tournies with friends and strangers. There is never a fee. Sometimes things get broken and money is taken the next week to cover expenses. The only thing that a rake should be there for is food which shouldnt be more than a few bucks per person. Link to post Share on other sites
dansheetz 0 Posted January 16, 2006 Share Posted January 16, 2006 Would 15% total be fair, assuming all expenses are taken from the 15%? Yeah, but if it's going to take 15%, that's a pretty small buy-inThe buy in will most likely be bewteen $100 and $150. Most of the expenses are paying entry fees to the 2 guys helping me.How many people are you expecting? What exactly do you need help with? Get yourself a poker clock (big list of 'em at homepokertourney.com), register all the players, and start it up. Doesn't seem like you really need paid help unless you're having 8+ tables of players or something.EDIT: I see above that it's 48 players max. You do not need 2 paid helpers for this. Get a poker clock, charge everyone $5 for refreshments, and tell your "helpers" to get a freaking job and pay for their own buyin. Link to post Share on other sites
Royal_Tour 0 Posted January 16, 2006 Share Posted January 16, 2006 ZEROYou should not be taking any money to host the event.Notify people that drinks are included, and snacks. etc... and then just pay whatever it cost.Also if its at a hall or something and it costs money to rent out, then you can also charge.But you should not charge any money for putting it together, or running it, thats a load of Crap. I've hosted many, and played in many around the 50 player mark.dont be lamedrawing dead is right, just saying Link to post Share on other sites
Royal_Tour 0 Posted January 16, 2006 Share Posted January 16, 2006 www.thetournamentdirector.netthis is all you need, you dont need any help.. and when people change tables, or bust or its color up time, everyone who is still in is usually more then willing to help, thats what happens when people think they might be winnning a lot of money, they become "nice, and helpfull" Link to post Share on other sites
bobonic 0 Posted January 16, 2006 Share Posted January 16, 2006 how are they helping if there playing in the tournament??? Link to post Share on other sites
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now