#31
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Re: Part-time income from hosting high stakes home tourneys?
I think it's really part of the "you can't run any business out of your house without contributing to the tax base of the community" laws. I don't believe it's really the gambling so much.
I am not sure, but I would think if you ran a chess tournament out of your house and took an entry fee, you would run into the same laws (or similiar ones). And comparing murder to gambling, well, murder is illegal, gambling is not. While casinos can let you gamble and take a profit, it is not the same for your home. The same is true about McDonalds. They can make fast food and sell it at their location, but I don't think you would get far putting a drive-thru in your front yard (but it is still legal to make your own damn burger). K |
#32
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Post deleted by Mat Sklansky
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#33
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Creative Thought
What about hiring a dealer... and that dealer was you?
If you were to hire a dealer for say, $150 for the night, and you were spend $100 in food and drinks, the total cost would be $250. There would be no problem with asking people to chip in to cover the costs of the dealer and the food. Now... what about hiring yourself as the dealer? You may need some kind of dealer's license, but it would be a way to profit. And... it might just be legal. |
#34
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Post deleted by Mat Sklansky
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#35
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Re: Part-time income from hosting high stakes home tourneys?
He's pissed because you ask for advice then argue the advice you get. Bottem line, in the US and probably Canada it's illegall to profit from a moneymaking gambling enterprise without a license. Your house fee makes this illegal.
either way good luvk, Matt |
#36
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Post deleted by Mat Sklansky
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#37
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Re: Part-time income from hosting high stakes home tourneys?
[ QUOTE ]
Yes I know it's illegal, [/ QUOTE ] ok then what's with all the chess posts? i dont care if you do it but yeah, its illegal. don't take legal advice from this forum, but here's a starting point. you can't force people to pay a fee for the service, the onus would be on you to prove that they voluntary donated the extra cash to cover expenses or something. its criminal code of canada 201 (1) or 202 (1) 201 is summary conviction so 1) Except where otherwise provided by law, every one who is convicted of an offence punishable on summary conviction is liable to a fine of not more than two thousand dollars or to imprisonment for six months or to both. 202 is punishable by (a) for a first offence, to imprisonment for not more than two years; (b) for a second offence, to imprisonment for not more than two years and not less than fourteen days; and (c) for each subsequent offence, to imprisonment for not more than two years and not less than three months. |
#38
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Post deleted by Mat Sklansky
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#39
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Re: Part-time income from hosting high stakes home tourneys?
Well, it sounds like you really have a great idea. I think you figured out the idea is not legal, but you don't seem to care....which is fine with me.
To address the main question you asked in your original post: [ QUOTE ] How would that work? Anyone with experience feel free to give opinions. [/ QUOTE ] Is this going to be an everyday thing? You first stated this was a part time thing, but then mentioned you wanted to make a living at it. If you want to make a living at it, you will need to have games everyday. You will need to advertise. It's not very likely your bookie and his friends will generate enough income for you to make a living. Just print up a bunch of flyers and distribute them around colleges, grocery stores and donut shops. These are all great places to recruit players. Try to stay away from dropping them near the casino though, the casinos don't like that stuff much. As far as how it works, I'm not sure what you mean. The customers come to the door, and give you their money. You take the house cut, figure the payouts, and deal up the cards. As players bust out, you pay them their prize (if any). If you need help with any of the technicalities of dealing, homepokertourney.com is a great resource. You will also need security. If you know someone, great, if not, you will need to hire someone. A good resource (many banks use this method) is senior centers. Those old folks really know security and I am sure you can find someone with experience. They also come very cheap, especially if you find a retired cop from the depression. And lastly, parking and neighbors. You will need to let your neighbors know about your business. The worst thing to happen is have one of you customers park in a neighbors parking spot, they call the cops, game over. If there is limited parking, you can shuttle your players from a nearby, public parking lot. Also, let your neighbors know to call you if they have any problems at all (noise, gunshots, people having sex in their car) to call you and not the police. Again, you need to keep the police away. And lastly, you may want to declare at least some of your earnings on your taxes, this is up to you but it may keep you out of trouble with the IRS (or the Canadian equivalent) in the event you get busted. Just ask Al Capone. I bet he wishes he paid his taxes! I wish you all the luck in the world. May all your cards be live and your pots be monsters. K |
#40
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Re: Poker-Info Flyer
[ QUOTE ]
Would there be any difference if I replaced the word "Poker" by "Chess" in that context? [/ QUOTE ] At least where I live, there is a BIG difference. The law specifically disallows taking a rake in a game of chance. Chess is not a game of chance. Poker, at least the way it is defined in the law here, is. Here, it is illegal, end of story. I don't know that it is also illegal where you live, but very likely it is there also. |
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