Prizes and Rules
Rules
Any person 21 years of age or older is eligible to enter any and all tournament
events by
posting the required buy-in and entry fee before the start of each event. Play
for each
event will begin at a predetermined hour and continue until a winner is declared.
Exceptions are multi-day events. Each event is a normal freezeout, with the game
continuing until one player has all the chips. Players may not acquire additional
chips beyond
the original buy-in except in rebuy tournaments. Limits and blinds will be raised
at regularly
scheduled intervals. Players are eliminated from the tournament when they lose
all their chips. Tables
will be systematically combined and balanced as the tournament proceeds. The last remaining
player at the final
table will be declared the winner of that event. The entry fee pays for table
time.
For Each Event
- Participants are wagering on their ability to remain in competition until the
conclusion.
- The house is not a party to any wager and will only serve to oversee the
event and the
wagers made among participants. All monies distributed will be from the fund
collected from the
participants at the start of the event.
- The house retains the right to cancel or alter any event.
Money Distribution
The buy-in monies for each event will be divided according to the number of
places paid as follows:
18 Places Paid 16 Places Paid 9 Places Paid
1st 40.0% 1st 40.0% 1st 40.0%
2nd 20.0% 2nd 20.0% 2nd 23.0%
3rd 10.0% 3rd 10.0% 3rd 12.0%
4th 6.5% 4th 6.0% 4th 7.0%
5th 5.0% 5th 5.0% 5th 5.5%
6th 3.5% 6th 4.0% 6th 4.5%
7th 2.5% 7th 3.0% 7th 3.5%
8th 2.0% 8th 2.0% 8th 2.5%
9th 1.5% 9th-12th 1.5% 9th 2.0%
10th-12th 1.2% 13th-16th 1.0%
13th-15th 1.0%
16th-18th 0.8%
8 Places Paid 5 Places Paid
1st 40.0% 1st 45.0% 200 entries or more pays 3 tables
2nd 23.0% 2nd 25.0% 100-199 entries pays 2 tables
3rd 12.0% 3rd 15.0% 50-99 entries pays 1 table
4th 7.0% 4th 10.0% Under 50 pays 5 places
5th 6.0% 5th 5.0%
6th 5.0%
7th 4.0%
8th 3.0%
Championship Event - 27 Places Paid
1st $1,000,000
The remaining balance to be divided as follows:
2nd 27.5%
3rd 17.5%
4th 10.0%
5th 7.6%
6th 6.0%
7th 4.5%
8th 3.0%
9th 2.3%
10th-12th 1.6%
13th-15th 1.4%
16th-18th 1.2%
19th-27th 1.0%
©1997, Binion's Horseshoe. Some portions ©1997, ConJelCo. All
Rights Reserved.
Page last modified:
2-27-97