CYBSA Poker Tournament Fundraiser - Saturday, 1 December 2018
Tournament Entry Page
To attend the fundraiser a donation to CYBSA of $50 must be made through the centennialbaseball.com website no later than 24 November 2018. Since CYBSA is a 501(c)(3) non-profit, your donation may be tax deductible. Please check with your tax professional to see if you qualify. The fundraiser will be held on Saturday, 1 December 2018.
Included with your donation:
- Food and beverages
- Entry into the fundraiser
- Entry into the poker tournament with 10,000 in chips
Additional items may be purchased:
- $20 will double your poker tournament chip stack to 20,000 chips (must be purchased when initially registering online)
- Rebuy of 10,000 additional chips at any time prior to 8:00PM for $50 (rebuys will be allowed only if your current chip count is less than 10,000)
Rules:
- General Texas Holdem tournament rules can be found here http://www.wsop.com/poker-games/texas-holdem/rules/
- The tournament begins at 5:00PM and all chips will be in play starting then
- Players not in their seats when the tournament starts will still have to have blind bets placed
- Until 7:00PM, the tournament will be 50-100 limit, with 25-50 blinds
- Starting at 7:00PM, the tournament will switch to no-limit
- See FAQ’s below
Prizes if we reach the tournament capacity of 50 entries (the number of prizes will adjust proportionally if there are fewer than 50 entries):
- 1st Place: free 2019 registration and tournament champion award
- 2nd – 4th Place: free 2019 registration
- 5th – 9th Place: 50% off 2019 registration
Additional prizes of 50% off registration for 2019 will be awarded to the following:
- First person knocked out after 8:00PM
- Second to last person to be knocked out, prior to reaching the final table
- Bad Beat:Anyone knocked out of the tournament with a pocket pair of 10’s or higher, by someone who has hole card that are anything less than theirs. (e.g. player has pocket queens and loses an all-in bet to an opponent with an ace and king of spades -or- player has pocket kings and loses to an opponent with pocket jacks)
Where is this event being held?
Since only the players who register on the site are admitted, the location of the event will be disclosed only to those who have registered, upon close of registration. It will be local.
Can I just purchase an entry to the fundraiser when I arrive?
No. To ensure everyone is accommodated, all entries need to be purchased by the time registration for the event closes, on Saturday 24 November or once 50 participants have registered; whichever comes first.
What kind of food and beverages are included?
There will be various appetizers and things such as sandwiches available throughout the evening. There will be water and other non-alcoholic beverages as well as adult beverages provided. Please be responsible with any alcohol consumption.
Is purchasing an entry for this event tax deductible?
CYBSA is a 501(c)(3) non-profit entity. Donations to non-profits can be tax deductible. Since we are a youth baseball and softball organization, and not tax professionals, we cannot provide you with tax advice. Please consult a tax professional to find out if your donation would qualify you for a tax deduction.
What if I have never played Texas Holdem before?
Texas Holdem is the easiest poker game to learn, for those who have limited experience or have never played poker before. Each person is dealt two cards face down and then the entire table plays their two cards along with the five community cards dealt face up. Ranks of poker hands can be found here: https://en.wikipedia.org/wiki/List_of_poker_hands. The first two hours of the event is purposely designed to allow for people to get familiar with the game or refresh themselves, without risking a lot of their chips.
Why does it start as a limit tournament and move to a no-limit?
The first part of the tournament, having a betting limit, will allow for players who may be new to the game, or just want to refresh themselves, the ability to play for a while and not have to worry about losing all of their chips early on.
What is the difference between limit and no-limit?
From 5:00PM to 7:00PM will be the limit portion of the tournament. The small blind will be 25 and the big blind will be 50, for every hand during that time. The betting and raising limits will 50 for a bet or a raise for the first two betting rounds (pre and post flop) and 100 for the last two betting rounds (turn and river cards). There will be a limit of 3 raises per round. Starting at 7:00PM, the tournament will advance to no-limit. The blinds will continue at 25 for the small blind and 50 for the big blind, which will increase every 30 minutes until the tournament is completed. There is no limit to the amount a person can bet or raise at any point during the hand, with the exception that any bet must be at least as much as the big blind and any raise must be at least as much as the previous bet. Going all-in with less than the minimum amount is allowed.
Why do players have to have their blind bets placed if they are not present at the beginning?
Standard practice for poker tournaments is for players not in their seats to be “blinded out.” During the limit portion of the tournament, a player who is blinded out will end up having to put in blinds that only total about 2%-3% of their initial chip stack, per hour. Even if they don’t take a seat until 7:00PM, only about 5% of their chip stack would be lost to being blinded out.
Do players need to be at least 18 years old to participate?
There is no age limit to participate. Anyone who purchases entry to the fundraiser can play, regardless of age.
What if I cannot make it after I purchased an entry?
Unfortunately, it is non-refundable. But your entry is transferrable to another person. You may transfer your entry to anyone else you would like and get reimbursed from them, if desired.
Can registration discounts be used for more than one player in 2019?
The registration discounts of 50% or 100% apply to one (1) player. If your family wins multiple discounts, they can be applied to multiple players or combined. Sibling discounts will still apply to families with multiple players in the league, even if they use one of the discounts won on one of their players.
What are rebuys?
A rebuy is available for anyone who has less than 10,000 in chips at any point prior to 8:00PM. There are no limits to the number of times you may rebuy. Players who have lost all of their chips may rebuy. A rebuy is $50 and will get you 10,000 chips. The $20 add-on will not be offered for rebuys.
Do I need to purchase any rebuys in advance?
All rebuys will only be able to be purchased during the event. Only cash or checks payable to CYBSA can be accepted.
Will there be professional dealers or tournament directors?
Members of the CYBSA board of directors, who are not participating, will be the tournament directors. Players will take turns and pass the deal every hand until the final table. The final table will have one of the tournament directors as their dealer.
Will there be other prizes than registration discounts?
We hope to have some sponsors provide prizes and if we do, we will award those during the tournament in addition to the prizes already listed.
Is there a cash value in lieu of the registration discounts?
Yes. You can exchange any of the discounts for the cash equivalent of what you would receive off a T-Ball registration for 2019, if you would like to play, but don't have a player who would be playing baseball or softball in 2019, for example.
Do the registration discounts expire?
The registration discounts are only good for the 2019 summer season and need to be redeemed prior to the close of 2019 summer registration. The discounts do not apply towards late registration fees.
Can someone participate who will not have a child playing in the league in 2019?
Of course. If they were to win a prize, they have no cash value, but are transferrable.
How late will this event go?
The blind structure is designed to have the final table (remaining 9 players) begin between 10:00 and 11:00 and the final player knocked out sometime between 11:00 and 12:00.
What if I have more questions?
Please contact Chris Baerns at 720.353.0826 or cbaerns7atGMAIL.com
Tournament Entry Page