[Target] da rules

[Ken Kubey]

I had a request for the TARGET rules.  Here they are again.

Rookies, please read these over at least once...


 No-limit Hold'em
 $200 entry fee - (all money goes to prizes, dealers, table cost, etc.)
 Winner gets $1500 which *must* be used to enter a WSoP event or
 single table satellite(s) or Super satellite(s).

 Miracle clause #1:
 If the winner wins the satellite, he *must* then play in a WSoP event.

 Miracle clause #2:
 If the winner wins any money, he will pay a total of 15% of his winnings
 to all of the other entrants in the original tournament.
 (If you win $1,000,000, you pay $150,000 total to the other players.)
 All participants are responsible for their own tax liabilities.

 Miracle clause #3:
 If the winner wins more than $10,000 in a WSoP event with a entry fee
 of less than $10,000, $10,000 of those winnings may be used to enter the
 WSoP $10,000 Championship with the TARGET players retaining a 15% stake.
 TARGET players also get 15% of the money not used to enter the main event.

Rules

o  No deals involving the $1500 prize(s) - we play until we have winners.
o  Deals involving the *other* prizes are allowed.
o  There may also be cash prizes 3rd, 4th, and 5th places.
o  If the winner enters a Super satellite and does not use up all of the
   money in a losing effort, he/she may keep the lesser of $300 or
   half of the remaining money.  The rest will carry over for the
   prize pool of TARGET 2008.  This gives the winner incentive to
   try to win *and* to not waste the last $200-$400.
o  If the winner wins his way into the $10,000 main event through satellites,
   he may keep any remaining money from the original $1500, but the group
   retains 15% of the winners action in the main event.
o  If the winner chooses to add in his own $500 to play in a $2000 event,
   he is then obligated to pay back 11.25% of his winnings instead of the
   usual 15%.  If he adds $1500 to play in a $3000 event, then it's 7.5%.
o  Entries to TARGET won in TARGET satellites are transferable if the
   winner cannot make it to Las Vegas, but are non-refundable.

o  $10 late fee for anyone signing up after Apr 30th (postmark).

More Rules!

o  $20 late fee for anyone signing up after May 15th.
o  No smoking.
o  No headphones.


Ken Kubey         kubey at engr.sgi.com  (650) 933-3536