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As reported by the
Cincinnati Post: "Picture yourself in a hall full of tables, with a
half-dozen or so poker players seated at each one, all trying to be the
last man sitting.
"Each player gets
two cards, face down, and a chance to bet. The dealer then unveils three
cards, known as the flop, then one, called the turn, and finally, the
last card, known as the river.
"The winner uses his two cards and the five community cards to make the
best poker hand -- or bets to persuade everyone else to think he has the
best hand -- and take the pot.
"It's called Texas HoldEm, and it may one day become a significant
source of revenue for local charities, said Tony Royalty, spokesman for
the Kentucky Office of Charitable Gaming.
"…LaSalle High School in Monfort Heights had its first Texas HoldEm
tournament last March, making it one of the first local organizations to
do so.
"In January, the school held a bigger, three-day tournament with more
than 600 players. Associate Director of Development Matt Dierkers
estimates that it netted the school's athletic program close to $30,000.
"That's $10,000 a night, and you can't make that kind of money hosting a
bingo. According to charitable gaming records, one of Northern
Kentucky's most consistently successful bingo operations, the Glenn Cole
Evangelistic Association, made less than $3,000 a night at its
twice-weekly sessions in Covington last year.
"…It doesn't take much overhead to put on a poker tournament, said Sean
Hennessy, a Westwood resident who has helped several charities.
"…In some
Texas HoldEm
tournaments,
players who lose their chips can buy their way back in at a cheaper
price. That's a popular option with charities, Hennessy said. Almost all
of the players will buy their way back into the game at least once, he
said, which means more money for the charity…" |
