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Rotary Club of Forked River Presents
Texas Hold’em Tournament "No Limit"
with Casino Night
Official Rules SUMMARY: At the start of the Texas Hold'em poker game, the Dealer shuffles a standard 52-card deck. In games with a Dealer, a round disc called the "Dealer Button" moves clockwise from player to player with each hand. The Button marks which player would be the dealer if the game was self-dealt. The Button was previously called "the Buck", from a buck knife used for the purpose, and is the origin of the phrase "the buck stops here". The Blinds There are no Antes required from all players in Texas Hold'em poker game, instead, there are two forced bets called Blinds. Games begin with the two players to the left of the Dealer or putative dealer (The Button) putting a predetermined amount of money (the Blinds) into the pot before any cards are dealt, thus ensuring that there is something to play for on every hand. This amount is increased in a time pattern in order to ensure the elimination of players. The Small Blind (the player on the immediate left of the dealer) puts up half the minimum bet, and the player on his left (the Big Blind) puts up the full minimum bet. This is called "posting the blinds." The Deal Each player is dealt two cards, face down (the Hole Cards). These denominations are a secret, usually emphasized by shielding the cards with one hand while turning a corner of them up. In Texas Hold Em poker the Hole Cards must stay on the table but may be momentarily raised to ensure that a player has full sight of them. They must then be replaced on the table but may be consulted at any time during the hand, but only by the player to whom they were dealt. The object of the game is to combine these two cards with the five cards which will eventually be laid out in front of the Dealer ("the Board") to make the best poker hand (see "Hand Order") among the players. This hand may consist of the two Hole Cards and three of the Board, one Hole Card and four of the Board or - very occasionally - neither of the Hole Cards and just the Board. The holder of the best poker hand wins the Pot (the accumulation of all bets). First Round of Betting This takes place immediately after the Deal. The first player to speak is the player to the left of the Big Blind. The First To Speak (on the immediate left of the Big Blind) has three options: Call, Raise or Fold. To Call, the player places a bet that is equal to the Big Blind. To Raise, the player adds an additional amount. The size of this amount varies with size of the blinds and must be an equal raise of the amount of the big blind. In No Limit games, it may be any amount, limited only by the number of chips in front of the player. There is a maximum number of raises set at three for each round of betting. To Fold, the player places his cards face-down in front of him and pushes them towards the middle of the table where they constitute the Muck. When any card touches the Muck it is deemed to have been folded. That player can take no further part in the hand and any bets he has made are forfeit. Subsequent players have the same three options, plus the option to ReRaise (or ReReRaise). The Flop After the first betting round, the dealer discards the top card of the deck. This is called Burning, and is done to ensure that no one accidentally saw the top card, and to help prevent cheating. The Burnt Card is placed alongside the Flop, under the next Open Card or in the Muck. The dealer then places the next three cards face up on the table. These cards are called the Flop. Second Betting Round This round and all subsequent betting rounds start with the first player to the dealer's left still in the hand. In addition to Calling, Raising or Re-Raising, players now have the option to Check - staying in the hand without betting until it is their turn to speak again. In Texas Hold'em poker once a bet has been made a player may choose to Call for that amount or Raise (or ReRaise, where applicable). If he chooses to do neither, he must Fold. Thus, at the end of the round, all players will have put in an equal amount of bets except where a player has an inadequate amount of chips in front of him; in that case, he may go All-In (betting the total amount he has) and one or more Side Pots are established, limiting the amount he may win to an accumulation of equal amounts from the Main Pot from players who contributed to that pot. The Turn (also called Fourth Street) After the completion of the Second Betting Round, a further card is Burned (discarded) and the next card exposed and added to the Board. This is the Turn card. Third Betting Round ensues. The River (also called Fifth Street) After the completion of the Third Betting Round, a further card is Burned and the fifth and final community card is exposed and added to the Board. This is the River card and a Fourth Betting Round ensues as this will be the final card dealt by the dealer in this round of play. This precedes the Show-Down, when the challenged player must reveal his cards. If two or more players have the same hand, the next highest card in the player's hand (the Kicker) is used to break the tie. If there is no kicker card (the tied players have used both Hole Cards, or have the same hand), the pot is split between them. Possible Texas Hold'em Poker Dealer Errors will be addressed by Ostrum's entertainment the night of event and will be addressed in consideration of all rules for Texas Hold'em. Any dispute concerning the night of play shall be referred to the licensed casino Night Operator for final determination. Re-Buys and Add-On's. The initial entry fee for the Tournament is $125.00 and provides each player in the tournament $3,000.00 in Initial Poker Chips. All Player's in the Tournament shall receive exactly the same amount of initial starting chips before play begins. At any time during the first hour of play (from 7:00 PM - 8:00 PM) the tournament player is allowed to re-buy for additional chips at a maximum of TWO (2) re-buys allowed. However, the player can only purchase additional chips if his/her total chip amount is LESS than the initial $3000.00 in starting chips. Any amount less than $3000.00 in players total chip count will allow for that player to purchase more chips by announcing that he/she wants to "REBUY". A re-buy will allow for $1,500.00 in additional playing chips to be purchased for $50.00 (half of the initial poker chip total for half of the fee). Each Player is allowed up to TWO Re-Buys but both re-buys must be completed during the first hour of play and can only be purchased when the player has less than the $3,000.00 in starting chips. Each of these two re-buys must be done in separate transactions as both re-buys cannot be done at the exact same time. Add-On. An add-on is different than a Re-buy as this will allow ALL players to get one additional purchase of chips regardless of his/her chip total. The Add-on will be available to All players who are still participating in the tournament at the conclusion of one hour of play. With the tournament initiating at exactly 7:00 PM the Add-On will be allowed for all players at 8:00* PM. There will be one and only one add-on and will only be available at 8:00 PM. The add-on will be offered to all players regardless of his/her chip total and will cost $50.00 for $1,500.00 in additional chips. If a player has been eliminated from the tournament prior to the end of the first hour of play (8:00 PM) and has already utilized his/her two re-buys he/she will be not entitled to be included with the add-on. For a player to be included in the add-on he/she must have at least one playing chip at the conclusion of the first hour of play. Once the second hour of play is initiated there will be no additional re-buys or add ons. *8:00 PM designates the end of the first hour of play if play is able to be exactly initiated at 7:00 PM. The Rotary Club of Forked River is utilizing equipment that is owned and supplied by Ostrum’s entertainment. All dealers are professional Texas Hold’em dealers and are supplied by Ostrum’s entertainment. Rakes/Cutting of pots are prohibited.
The amount of Blinds and the posting of the Blinds and
progression will be listed at the Captain’s ELIMINATION: A player is eliminated from the tournament when the player has lost all their chips. Prizes (The rules for Texas Hold’em in the State of New Jersey do not allow for any “cash” redemption of chips and all awards will be in the form of gift cards as well as gift certificates) Gift Cards: Dinner Certificates:
CASINO NIGHT: Each Texas Hold’em Entry pass allows for ONE Guest to attend to watch the event as well as participate in some Casino Night fun. There will be Casino games available for guest to play inclusive of Roulette, Craps and Blackjack. * As players are eliminated from the Texas Hold’em Tournament those dealers will be dealing Blackjack for the Casino Night and many tables will continue to open up during the evening allowing for additional Casino Night Blackjack play to be available. Each Guest shall receive $300.00 in casino Night player’s chips to play the Casino night games. These chips for the Casino Night will be separate and distinct from those chips being utilized for the Texas Hold‘em Tournament. At the conclusion of the Casino Night (11:00 PM) all casino Night players will have the opportunity to turn in their casino Chips for Prize raffle tickets. Raffle tickets to be entered for chance to win a flat Screen Television, a DVD Player and many more casino Night prizes valued in excess of $1,000.00. Proceeds from this event to benefit the Rotary Club of Forked River Charities.. |