No casinos local to you? Try a Home
League!
Gather a group of
ladies who want to win their way to the championship and
play on a weekly/monthly basis. You might meet up at one
person's home, or rotate hosting the game amongst your
members!
FOR league or home game satellites, one $1,500 package is
distributed as follows:
1. Buy-in to the Championship ($550 – Saturday 2-day event)
2. 3 Nights hotel accommodations at Golden Nugget Casino
($225 – Friday, Saturday & Sunday)
3. Entry to prestigious 2010 Women in Poker Hall of Fame
Ceremony
($75 – Friday Night)
4. $650 cash for travel
You will send in the first three (totaling $850) for the
buy-in, hotel and Women in Poker Hall of Fame Ceremony along
with her registration form (located at the end of this
document) in cashier’s check or money order made out to
Ladies International Poker Series and mail to:
Ladies International Poker Series
79 Laying Up Ct
Las Vegas, NV 89148
And, then you disburse $650 in cash to the winner for her
travel. (Registration form included in Information Packet)
Download Information Packet for Leagues and Home
Games
(For PDF Click Here)
(For
WORD Click Here)
BUY-IN
The championship package is $1,500.
Divide the package by the number of weeks/months you want to
play, and that is the price of your buy in. You might want
to add a bit each week so you have a prize pool for
the league night as well.
RE-BUYS
It is better to have a lower buyin if you are going to have
rebuys and add-ons.
Whether or not you have rebuys should be based on your
league players. Rebuys are good for tournaments where players will be coming
from far away. If a player drove an hour to the game and got
busted out with KK against AA on the 2nd hand they would be
disappointed that they drove 2 hours to play 2 hands. Some
tournaments call it a "Re-entry" fee instead of a rebuy.
The extra monies collected go into that night's prize pool.
If you have conservative players then you may want to have a
tourney with no rebuys. Players tend to play crazy during
rebuy events and your conservative players may not enjoy
them or want to put in money for the rebuy.
Most of the time, the rebuy/re-entry period lasts for an hour and the
typical rebuy is either the same as the buy-in or half the
amount. You can also have either 1 rebuy or unlimited
rebuys. You can also change the number of chips you get for
a rebuy to be more than what you got for a buy-in. This is
to incentivize players to do a rebuy. For example, you could
do a $50 buy-in to get $1,500 in chips and do a $50 rebuy to
get $2,000 in more chips. For the buy-in you are getting $30
in chips per $1 in buy-in. For the rebuy, you are getting
$40 in chips for every $1 invested.
Rebuys will cause your tourney to run longer
so keep that in mind. Also, if you have rebuys then you may
need to restructure your blinds for a faster tournament.
PAYOUTS
If you're paying a little more than the needed prize pool,
then you can have a small prize pool each time you meet. For
example, you might need $50 a month from each player to
cover the trip package. So you can make the buy in each
month $75 and put $25 per month towards that night's prize
pool.
DEALS
In most tourneys, players can make deals at the end of a
tourney to split allow players to cut 'side deals' to split
payouts. For example, the final two players might agree to
split the first and second prize payouts between the two of
them. The Tournament Director is never responsible for
anything to do with side deals. Any such side deals are
strictly between the players.
BLINDS
It will take a few times to become comfortable with a blind
structure. I suggest using one of the FREE tournament clocks
available online. Tournament Director is a good one and
there are others. It will give you some preset structures to
chose from or you can make your own. It will also track
points for your league.
Small tournies (10 players) should last about an hour.
Medium sized tournaments (10-25 players) should last 2-3
hours and large tournaments (30 or more players) should last
3-5 hours. Blind increases are usually 50-100% of the last
blind and the blind intervals are usually 20-30 minutes.
Most home games tend to be casual, and therefore there are
fewer hands dealt per hour because of people talking and
socializing. The blind structure should not be altered
during a tournament. The reason being is that the chip
leaders will always want faster blinds and will always
campaign for them, but blinds levels should be at a
reasonable level to allow the average player room to play.
Make sure your color-ups are in line with your blinds. For
example, if you color up the $25 chips then don't have
blinds that are $250/$500 if you only have $100 chips.
STARTING CHIPS & CHIP VALUES
You typically need 4 different color chips in order to play
a tournament. Three of the chips will have values of $5,
$25, and $100. The fourth chip will have a vlue of $500 and
will be brought in during a color-up. For really big
tournaments you will want to have a 5th chip with a value of
$1,000. It is best to have the starting chips be either
1,000 or 1,500. This is because most tournaments (especially
online tournaments) have these as the starting values. Not
only does it make it easier to run the tournament with
conventional values, but it makes it easier for the players
because they are used to betting the same amounts at the
beginning of a tournament.
ANTES
Some tournaments use antes in order to speed up the
tournament. To me this is pointless because if you want to
speed up the tournament then just make the blinds bigger. If
you use antes then before every hand you have to make sure
all the players put their antes in. This can get annoying.
But this is a personal preference. If the person running the
tournament is a Stud player then there is a higher
likelihood that there will be antes since Stud uses an ante.
SAMPLE BLIND STRUCTURES
Single-Table Structure - this is the one Party
Poker uses
|
Level |
Hour |
Time |
Small Blind |
Big
Blind |
|
1 |
1st |
0:00-0:20 |
10 |
20 |
|
2 |
0:20-0:40 |
15 |
30 |
|
3 |
0:40-0:60 |
20 |
40 |
|
4 |
2nd |
1:00-1:20 |
25 |
50 |
|
5 |
1:20-1:40 |
50 |
100 |
|
6 |
1:40-1:60 |
75 |
150 |
|
7 |
3rd |
2:00-2:20 |
100 |
200 |
|
8 |
2:20-2:40 |
150 |
300 |
|
9 |
2:40-2:60 |
200 |
400 |
|
10 |
4th |
3:00-3:20 |
300 |
600 |
|
11 |
3:20-3:40 |
400 |
800 |
|
12 |
3:40-3:60 |
500 |
1000 |
|
13 |
5th |
4:00-4:20 |
600 |
1200 |
|
14 |
4:20-4:40 |
800 |
1600 |
|
15 |
4:40-4:60 |
1000 |
2000 |
Multi-Table Structure - this is the one Party
Poker uses
|
Round |
Blinds |
Limit |
|
1
|
$10/$15
|
$15/$30
|
|
2
|
$10/$20
|
$20/$40
|
|
3
|
$15/$30
|
$30/$60
|
|
4
|
$25/$50
|
$50/$100
|
|
5
|
$50/$100
|
$100/$200
|
|
6
|
$75/$150
|
$150/$300
|
|
7
|
$100/$200
|
$200/$400
|
|
8
|
$150/$300
|
$300/$600
|
|
9
|
$200/$400
|
$400/$800
|
|
10
|
$300 / $600
|
$600 / $1,200
|
|
11
|
$400 / $800
|
$800 / $1,600
|
|
12
|
$500 / $1,000
|
$1,000 / $2,000
|
|
13
|
$750 / $1,500
|
$1,500 / $3,000
|
|
14
|
$1,000 / $2,000
|
$2,000 / $4,000
|
|
15
|
$1,500 / $3,000
|
$3,000 / $6,000
|
|
16
|
$2,000 / $4,000
|
$4,000 / $8,000
|
|
17
|
$3,000 / $6,000
|
$6,000 / $12,000
|
|
18
|
$4,000 / $8,000
|
$8,000 / $16,000
|
|
19
|
$5,000 / $10,000
|
$10,000 / $20,000
|
|
20
|
$7,500 / $15,000
|
$15,000 / $30,000
|
|
21
|
$10,000 / $20,000
|
$20,000 / $40,000
|
|
22
|
$15,000 / $30,000
|
$30,000 / $60,000
|
|
23
|
$20,000 / $40,000
|
$40,000 / $80,000
|
|
24
|
$30,000 / $60,000
|
$60,000 / $120,000
|
|
25
|
$40,000 / $80,000
|
$80,000 / $160,000
|
|
26
|
$50,000 / $100,000
|
$100,000 / $200,000
|
|
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