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#81
05-01-2007, 12:24 PM
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Re: FLORIDA ALLOWING POKER GAME STAKES TO BE RAISED IN JULY!
[ QUOTE ]
Ok, so now I am confused. Does this law allow for a NL cash game or just raise the stakes for NL tournies? [/ QUOTE ] Both - NL cash games (Texas Hold'em only no Omaha Stud or otherwise) with a buyin of $100, and Tourneys with a maximum buyin of $800. 
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#82
05-01-2007, 12:29 PM
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Re: FLORIDA ALLOWING POKER GAME STAKES TO BE RAISED IN JULY!
[ QUOTE ]
Ok, so now I am confused. Does this law allow for a NL cash game or just raise the stakes for NL tournies? [/ QUOTE ] Oh, also the law allows re-buys so we can see $100 buyin tournaments or more with multiple re-buys. Remember rebuys were prohibited under the prior statute.
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#83
05-01-2007, 01:34 PM
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Re: FLORIDA ALLOWING POKER GAME STAKES TO BE RAISED IN JULY!
The law really only applies to the cardrooms at the tracks.
The Indians have a separate deal, and I expect them to maintain the status quo. IMO, the bill was brought so that the tracks, who were limited with the 32+13 MTTs, could compete with the Indians.
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#85
05-01-2007, 11:22 PM
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Re: FLORIDA ALLOWING POKER GAME STAKES TO BE RAISED IN JULY!
[ QUOTE ]
Here's a thought. This is the plain text from the Senate version that has passed. "However, a cardroom operator may conduct games of Texas Hold-em without a betting limit if the required player buy-in is no more than $100." It seems to me that technically this could open the door for buy-ins greater than $100. Say for instance a cardroom lets you buy-in for anywhere from $100-$300. In that case no player is required to buy-in for more than $100. I don't think that is the spirit of the law but I wouldn't be surprised to see someone try it. [/ QUOTE ] Yes this is exactly how it reads, 25/50 NL with a $100 buyin should be allowed.
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#86
05-02-2007, 09:08 AM
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Re: FLORIDA ALLOWING POKER GAME STAKES TO BE RAISED IN JULY!
[ QUOTE ]
[ QUOTE ] Here's a thought. This is the plain text from the Senate version that has passed. "However, a cardroom operator may conduct games of Texas Hold-em without a betting limit if the required player buy-in is no more than $100." It seems to me that technically this could open the door for buy-ins greater than $100. Say for instance a cardroom lets you buy-in for anywhere from $100-$300. In that case no player is required to buy-in for more than $100. I don't think that is the spirit of the law but I wouldn't be surprised to see someone try it. [/ QUOTE ] Yes this is exactly how it reads, 25/50 NL with a $100 buyin should be allowed. [/ QUOTE ] None of this makes sense. The law says the maximum buy-in is $100. What that means is that a player can buy in for $100 and can only buy-in again when he or she loses it all. This is currently the law in Michigan based on when I was there 2+ years ago. What I think we're likely headed for is a $100 NL game with $1/$2 blinds and either a $6 rake or a $6/pp time charge per 30 mins. They will also spread 2/4 limit and 5/5 limit. We're also going to see more $100+$20 NL tourneys. All of this is good news except for the horrible rakes. End result: These poker rooms are going to be making a fortune compared to what they HAVE been making. But I won't play anywhere without an autoshuffler, and my dealer tips will be limited.
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#87
05-02-2007, 10:25 AM
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Re: FLORIDA ALLOWING POKER GAME STAKES TO BE RAISED IN JULY!
I am friends with some dealers at Pompano, and they say almost exactly what Dozer said. They are expecting 2/4 and 5/5 limit games with 10% rake up to $5 plus $1 jackpot drop and $100 NL games with $5 rake plus $1 jackpot drop per dealer shift (every 30 minutes). In the NL games, you can only top off your stack if you go bust or at the beginning of a new dealer shift.
Also, blind structures in the tournaments won't be much different than they are now. They still only have limited time to complete tourneys because they must end by closing time and they can't be carried over to another day. After all the excitement about opening up the game here somewhat, it's still not going to be very playable from everything I'm hearing. 2/4 will be on the high side with rake, but at least that could be manageable. I don't think the NL is going to be playable at all.
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#88
05-02-2007, 10:33 AM
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Re: FLORIDA ALLOWING POKER GAME STAKES TO BE RAISED IN JULY!
[ QUOTE ]
The law says the maximum buy-in is $100. [/ QUOTE ] No it doesn't. The law says the 'required buy-in'. In order to play 100NL online, the required amound is only $20, or 1/5 of the maximum buy-in.
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#89
05-02-2007, 10:43 AM
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Re: FLORIDA ALLOWING POKER GAME STAKES TO BE RAISED IN JULY!
[ QUOTE ]
[ QUOTE ] The law says the maximum buy-in is $100. [/ QUOTE ] No it doesn't. The law says the 'required buy-in'. In order to play 100NL online, the required amound is only $20, or 1/5 of the maximum buy-in. [/ QUOTE ] Oh. Also, my dealer friends told me that the required buyin means you will be required to buy in for $100, no more, no less.
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#90
05-02-2007, 10:55 AM
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Re: FLORIDA ALLOWING POKER GAME STAKES TO BE RAISED IN JULY!
[ QUOTE ]
Oh. Also, my dealer friends told me that the required buyin means you will be required to buy in for $100, no more, no less. [/ QUOTE ] That could very well end up being the case if that's the policy the casino adopts. I'm not saying they won't, but the wording in the legislation certainly has a hole.
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