CALI Home Poker Law

[theDetroitKid]

I go to a private college in soCal and have started an on campus cardclub. We hold weekly tournaments and ring games in private property, and do not take any rake or entry fees. The club is funded by monthly dues. Should I have any legal concerns?

The way I understand CA state law is that it is legal for persons to place private bets with one another, but not for the house to have a 'controlled' game (one were they stand to make a profit). Our club is not profit driven and we give cash prizes.

Thanks
theDetroitKid