All tournaments, except the Women's event, Deuce-to-Seven, and the Championship event, will have a two-day format. Play will start at noon and will continue until the final table is determined. The tournament will resume on the following day at 4pm, and will continue until a winner is declared.
Satellites, an optional preliminary stage, provide the chance to gain tournament entry at a greatly reduced price. The two types offered are single table and super satellite.
Single table Satellites are held daily from 8am to 2am. Players outlasting the opponents at their table will receive tournament entry. These minature tournaments typically last about 90 minutes. There will be approximately 2,500 of the seat-producing freezouts over the course of the tournament.
Super satellites are multi-table tournaments staged nightly at 8:40pm. All players making the final table win a seat in the Championship Event, cash or both. As many as ten seats have been awarded on a single night, since rebuys are permitted during the first hour of play. The seats won in these events are non-transferable and non-negotiable. The charge for entry is $220.
Players bringing a cashier's check should allow one full banking day for
verification. Customers
may place cash on deposit at either of the Horseshoe's two cashier's cages.
Tax News
Many players are aware of the 30% tax on gross winnings of non-resident aliens
that is
imposed according to U.S. tax laws. At least twelve
countries are
exempt from the normal 30% withholding required by tax code (other countries
may offer exemptions; check with your tax adviser).
This means that residents of these countries will avoid all tax burden from any
form of gaming while
in the United States merely by requesting treaty exemption on IRS form 1001. A
passport may be
requested for verification of residence.
Countries for which this option is available: