Post deleted by Mat Sklansky

[EStreet20]

[ QUOTE ]
Who would suspect money is involved when a bunch of guys are playing Poker in the basement?

[/ QUOTE ]

--King Striker 2005

Now Striker,
Let's be serious about how much you've changed your thoughts. At first you said it was a fee and also that everyone is "jealous" because you thought of it and not them. Newsflash, everyone has though of this before. It's the same way casinos make money on tourneys and most of us have at least kicked around the idea of having full raked games as a business. Then you change it to say it's not a forced payment but a donation for supplies etc. Well, THIS JUST IN, that's the policy of every poker home game.

Second, you seem to think that there is some miniscule chance of getting caught. I guess you haven't read all of those articles about college kids getting their games raided when they're A. not taking a rake so they weren't doing anything illegal and B. have a fraction of the money in the room that you're planniong on. SO while I don't think you run a high risk of getting caught I think that if there is a game that would get busted yours fits the profile.

Good luck chief,
Matt

[Blankstare]

You know how this will go down?

You host a few small ones with close friends and it all goes well, everyone has a great time. The extra money is handy and after a few more successful sessions you get "smart" and begin to think about expanding a bit. You start inviting friends of good friends and raise the stakes. Assuming you have not been reported or discovered by the police things should be going pretty well for you now.

Now through the uncontrollable nature of word-of-mouth friends tell friends who then tell their friends what a great little game you have going on. On maybe just one seemingly innocent occasion you let a guy buy-in who you've never met but is a friend of a close friend who works with him and told you, "He is a 'good' guy and loves poker."

At some point the new guy is busted out of the tournament. It could be something totally illegitmate like maybe his pocket As get cracked or maybe he gets rivered but whatever it is he is pissed off and get aggressive. He wants his money back, he starts getting verbally and physically abusive and starts threatening people. How many times have you seen people lose it at a casino ring game or at a tournament? What is to say they will exercise the same restraint in your home without cameras and a large number of trained security personnal. Such an obviously illegal operation they may be smart and realize you wouldn't want to call the police which allows them to get even more aggressive. Let's say even with all that ruckus it still doesn't draw heat and no police get involved and you kick him out without his money.

He knows where you live, what if he comes back with friends? What if he starts blabing about that night and how much money was at your house, how do you know the people he will speak to? What if totally out of spite he tips the police off?

To give flyers out to strangers like someone in here suggested is just plain stupid and asking for trouble. You have to be pretty naive if you think that is realistic.

If you are just planning to invite close friends who you know and everyone respects each other go ahead host high stakes tourneys but the moment you open this up to people you don't know very well, or think you know well, you are openning yourself to a whole world of unknowns. Assuming everyone will be fair and nice is a fatal shortcoming in your evaluation of the risk factors involved with this venture. And to think this is some new idea is totally clueless.

My $0.02

Blankstare

[King_Striker]

[King_Striker]

[TomHimself]

[ QUOTE ]
I will be careful. And only invite the people I know. I am not looking to make a living off it. This is just for fun basically, and maybe a little extra change. Maybe I won't charge rake and play myself in it.

[/ QUOTE ]you jsut [censored] said you wanted to make a living off of these, what a [censored] joke

[bravos1]

[ QUOTE ]
I get what you mean. But do you really think that people will go off losing pocket rockets to a garbarge hand in a $25 buy-in tournament?

[/ QUOTE ]
Hmm... but your OP said something about a "high-rollers" tourney with $250+$25 entry fee.
[ QUOTE ]
I mean they will have fun, food, drinks. Online I get pissed loding to a better full house on the river even if it was for $1 because I mean HOW DARE THEY?! I believe online cards are pre-determined, electronic, compute-generated, RIGGED set-ups and I would get pissed to find out they (that site) were out to get me that hand.

[/ QUOTE ]

Please tell me your kidding.... computer generated, of course, it is online right.. but rigged? Please!

[ QUOTE ]

But everyone knows no one has control over the cards in home games. Like, would you punch out the dealer for losing a doubled-down 20 against a 6-card 21 in blackjack?

[/ QUOTE ]

No, but I have seen a guy take a swing at another blackjack player for hitting a 16 against the dealers 5. The PO'd guy had a $500 double-down which did not hold up because the hitter took the dealers bust card and he ended up -$2000 in his eyes.

[cognito20]

Especially if you're running the game in Canada, with its restrictive firearms-possession laws (ones you might use to defend yourself, not the ones that might be used in a holdup), security could be a definite problem. I've personally never had that problem in any of my home games, since I live kind of out of the way, and I don't really worry about it much since I have a rather extensive Beretta collection, and any sorry idiot who tries to enter my home uninvited and jack my home game is going to get a real good, up close look at a piece from it, and it will most assuredly be the last game they ever jack. In areas where gun ownership and self-defense on your own property are -not- constitutionally-guaranteed rights, however, security is a major concern unless you're playing with people you've known for a long time, and trust. I don't even take vouchers from my brother...I have to -personally- know the person before they get invited. You have to be careful about these things.

--Scott

[bdohaney]

You make absolutely no sense. You skip around from post to post. In one you state that you want to hold high-stakes tourneys, in another, you say you want to hold low stakes ones.

Some of the time, you are stating that you want to make a living off of it, and others you are saying that you just want to do it for fun.

Well, here is my thoughts on all of it...:

If you want to make some money in a home poker tourney... LEARN TO PLAY, AND WIN IT. Why would ANYONE pay you to host a tourney, when him or his buddy could do it just as easily, and then he would save the extra $25. If you do decide to do this, you are probably going to get caught, robbed, or both. Best thing is, if you get robbed... Well, not like you can call the cops and tell them that someone robbed your illegal poker room.

Now, on to your major gripes with taxes. Do you have any idea how stupid you come across in your rants and raves against taxes. Do you like roads? Running water? Sanitary water? The mediocre education you must have had to allow you to know at least enough to write all these inane messages? Knowing there is a fire department to put out your house if it catches fire? Food? Well, I hate to break it to you, but without those horrible, unfair taxes, YOU WOULD HAVE NONE OF IT. I would love for people to have the option to not pay taxes, and get none of the benefits that they afford. Then I could laugh at the misfortune (however short it may be... Dysentary is a B if you can't get health care for it) of the idiots like you.

SO... The moral of the story is, if you want to make money from poker, play it.