- In these turbulent economic times, some recognized charitable organizations have ventured into hosting poker tournaments to generate much needed funds. Some private schools are hosting poker games to supplement their scholarship funds. A texas hold em player can provide returning to his community by supporting these events.
Pros of Charity/Fund Raising Poker
- Charity tournaments might be great social events which compile large numbers of poker layers to compliment the cause. Somehow, it's more palatable to spend an 'entry fee' than to write down a donation check!
- The skill level in the players that demonstrate up to these events is poor. Playing good poker is secondary within the minds of many players to getting fun while supporting an excellent cause. This mentality presents a chance for the skillful player to "clean up' with the expense of the social players. Based on the sized the tournaments, the payouts may be significant. You may be able to parlay a $60 entry fee in a $1,000 paycheck for winning.
Cons of Charity/Fund raising Poker
- The biggest challenge with these kinds of poker games will be the insufficient professional management from the event organizers. A life threatening player can quickly become irritated each time a tournament starts thirty minutes late, or he gets seated at a table with the inexperienced dealer, etc. Violations in the rules and etiquette in the game are commonplace at fund raisers.
- The 'rake' could be very high at these events. Remember, the reason the charity organization hosting the overall game initially is their want to raise money. A rake of 25-40% is just not unusual at these games that's unacceptably high to some player trying to boost his bankroll.
- A thing of caution about the legality of such games, the charities often believe they're immune from compliance with local laws regarding gambling, but the sheriff doesn't necessarily agree! Shop around before opting to play in fund raisers so that you can make an educated decision.