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Poker Night (session 6) Come early to watch the Tigers game on a 10' projection

  • Oct 19, 2013 · 6:45 PM
  • This location is shown only to members

The game is No Limit Texas Holdem, and it will begin at 7pm sharp, and the buy-in will be $20 plus an optional purchase of a $5 bounty chip (explanation below).  A player may come in and/or re-buy as many times as they desire as long as it's within the first hour and twenty minutes.  Players may re-buy a full 200 chips as soon as their chip stack is below 50 (you don't have to wait until you're busted out).  As a bonus, any player that is on time will receive an extra 25 chips on top of the 200 they get to start with.

At 8:20, the blinds will reach 5/10 and we will chip up.  At that time, there will be one last chance to re-buy.  Additionally, any and all players may purchase an optional  100 chip add on for $10 or a 200 chip add on for $20, regardless of the players chip stack at the time.

As people start getting knocked out, there will be a cash game available with $0.25/0.50 blinds and you can come and go as you please. That game will continue as long as people feel like playing.

Here's the twist for the main event: Before prizes are divvied up, 25% will be taken off the top and placed into a master pot that will grow over the course of 10 sessions. The other 75% will be awarded to the top 3-4 players, depending on the number of entries.  Unless another event or holiday conflicts, these poker nights will be happening every 3 weeks.

After 10 sessions, all players that took either 1st or 2nd during any of the 10 weeks will automatically be entered into the final tournament with 50 extra chips added to their stack for each time they took 1st and/or 25 extra chips for each time they took 2nd.  If a player for some reason can't make the final event, they may give their spot to someone else, but the extra chips will be forfeit.  It will also be possible for other players to buy their way into the grand tournament, but the buy-in will be significantly higher (The total amount in the pot divided by the number of winning entrees).  That cost was $90 at our first main event.

During the 11th session, we will hold the grand event and the payouts will be 40%/30%/20%/10% to the top 4 players that night.  The first main event we had ended up with a pot of $1,240, which got meant $496/372/248/124 to the top 4 players.  After just our first 4 sessions, the pot stands at $605.  Congrats to Robin and David for being the 2 winners of the fifth session.

NOTE: You can come to as many or as few sessions as you like.  The advantage of coming to numerous sessions is a larger starting stack at the main event for repeat winners.

Please BYOB and any snacks you may personally want.  This isn't a typical party, but games and TV will be available for those that want to hang out after they get knocked out of the tournament

Explanation of Bounty Chips

Each player who buys one will receive a “bounty chip” that will be carried by the player throughout the tournament. Whenever you eliminate someone from the tournament, you receive their bounty chip, which is yours to keep.  Likewise, when you are eliminated from the tournament, you give your bounty chip to whoever busted you, potentially keeping any bounty chips that you may have won previous to being knocked out.  At the end of the tournament, or whenever you are knocked out for good, you can cash in all of your bounty chips you've accrued for real money – in this case, $5/chip.

This is perfect for those players that do really well, knock out a bunch of people, but get busted out before placing in the cash.  By using bounty chips, it is extremely possible for someone (especially those that make the final table) to not place in the top 4, but still walk away with a small profit.  In short, more people walk away happy (at varying levels of course).

Please note, if you choose to 'not buy' a bounty chip for yourself, you will not be eligible to win other people's bounty chips.  Anyone that does have a bounty chip and is busted out by a person without one of their own will be able to keep their own chip and cash it back in for a refund.

Anyone who is knocked out and wants to re-buy will still lose the bounty chip that they initially bought.  However, they may also purchase an additional bounty chip during the time of their re-buy if they want to continue being eligible to win them.

This bounty pot is completely separate from the normal pot and no money will be taken out of it towards the progressive grand tournament after session 10.

Details for the cash game

During the optional cash game as people start getting knocked out, the blinds will be $0.25/0.50, so $20 is a recommended minimum to buy in with.  You can come and go as you like, so bring as little as or much as you want to the table.

On an additional note, I will be collecting donations throughout the cash game; for every $5 in the pot, I will kindly ask for a donation to the house of $0.25, up to a max of $5 if a pot manages to go beyond $100.  All money collected in this manner goes back into these events.  Thus far, I've purchased chairs, cards, cups, plates, TP, plastic utensils, etc.

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  • Robin T.

    So the Tigers game got moved to 8pm... so we're watching the Michigan game. Seating tonight will be first come - first serve. If you want a prime view of the projection, show up a touch early. There will also be a TV playing the game downstairs for the 3rd table, so you will for sure be able to see it.

    October 19, 2013

  • C. Alessandro Della V.

    I'd love to take part of this but unfortunately I'll be working until 2am :(

    October 19, 2013

    • Robin T.

      It happens roughly every 3 weeks, so maybe we'll see you at the next one

      October 19, 2013

  • Robin T.

    A discussion that came up last event was to have a side pot for high hand of the night. Here's the question, do we want this to be an optional side pot, similar to the bounty chip, where people can choose to participate or not. The proposed buy in for this side pot was $5. Assuming that most people participate, it would give a side pot of $60+. The other option would be to just take a smaller amount out of the main pot (maybe $20) and have everybody automatically eligible. Since we're already taking 25% out for the main event, people may not like this option, but at least it wouldn't cost anyone any extra cash. Of course, the prize for high hand would go down too. What do people think?

    October 5, 2013

    • Stacy S.

      I say we should do it, how often does the high hand really happen. It will more exciting because everyone has the chance

      October 16, 2013

    • Robin T.

      I think we'll do it for an optional $1 each. I'll of course have to write down all those who participate

      October 17, 2013

  • Robin T.

    If the Tigers/Sox series goes to game six, everyone is more than welcome to come over at 4:30 to watch the game projected on my living room wall. We can play a cash game for those couple hours before the tournament starts at 7

    October 14, 2013

    • Robin T.

      So we're going to have a game 6 for sure on Saturday. By all means come early to watch the Tigers/Sox game and play in an optional cash game.

      October 17, 2013

  • Lauren

    I am a 'probably'. I hope to see you all Saturday! :)

    October 16, 2013

  • Robin T.

    To see who's coming from the Mixers Group, check out http://www.meetup.com/Co-ed-Mixers-20-and30-somethings/events/142792652/

    September 29, 2013

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