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Old 11-17-2007, 11:41 AM
Al_Capone_Junior Al_Capone_Junior is offline
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Join Date: Feb 2003
Location: utility muffin research kitchen
Posts: 5,766
Default Re: schmuck boy right but for the wrong reasons

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One local casino is running a freeroll scam.

If you read the rules the freeroll isn't free, there is a $10 fee, but the house will issue $10 to each player to enter the freeroll.

So if the freeroll is has $10,000 in prize money, and 100 players, they pay $10,000 out of the jackpot drop. But they also pay a $10 fee to the casino for each player, so they transfer $1000 from the jackpot money to the poker room revenue.

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"There is a $10 fee, but the house will issue $10..." You're implying, I think, but not saying, that the $10 they issue is coming out of the freeroll prize pool? If so, I'd send a letter to Gaming and ask 'em to put their noses in. Or you can tell the joint to knock it off and explain why and give 'em a couple weeks to make it so before you sick Gaming on 'em.

I just don't see much reason to put up with shenanigans in a town with 50 poker rooms and a Gaming Commission to keep 'em 10% honest.

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Lets see, abunch of Harrah's owned joints run freeroll were you win seats to events at the WSOP, now I don't know, but I'd be willing to bet they buy the seat at full price from the jackpot drop and then the WSOP takes the rake from the entry.

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I don't know about the whole 10% scam. If someone would like to pm me with the details, I might inquire about it.

Harrahs taking the full $10k from freerolled entries to the wsop is pretty much a certainty (I know someone who should know, so I can try and find out for sure). Since a casino can take a fee from a tournament entry, they can undoubtedly take a fee from a tournament entry regardless of the source. And yes, this is side-stepping the 100% return to the players rule regarding jackpot rake. And yes, this is essentially transferring jackpot money to the drop. Dirty and underhanded? Of course. Illegal? Doubtful. I'm quite sure harrahs has high powered lobbyists to ensure such loopholes in gaming law remain open.

Al
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