Re: Fundraiser question
Definitely check with local and state laws to make sure you're doing everything legal. I help a few charities run poker tournaments as fundraisers. Typical cut is 50% of buy-in to charity, 50% to prize pool. Expenses can either come off the top, or the charity can be responsible for the expenses (the ones I run typically have the expenses come out of the charity's portion).
If you're looking to run it, I would suggest a rebuy format ( rebuy/add-on money also being split 50-50). Once the players get there, they tend to want to keep playing. Either they're having fun, or "it's for a good cause."
Let me know if you have any other questions.
--Headhunter
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