Creating My Own Poker Club
Hello,
I used to live in a small city of St.Catharines before I moved to Toronto. The poker scene there is pretty much non-existent and I think it would be great to have the poker scene prevalent in that city.
Of course this is still on the drawing board with nothing concrete happening yet for a few years. So really this is just a thought that could turn into reality one day.
What I want to do is lease a commercial place (live there too?) and host poker tournaments on Friday, Saturday, and Sunday in the downtown core of the city. Buy-ins will range from $5.00-$50.00, 6 max tournament and it'll be great for friends to play against each other or other players and meet new people.
It'll also be a place where online poker players can come and discuss a hand they played against an opponent and would like constructive opinions on how they played it and what they could have done differently.
I also won't be charging a fee (rake) or anything like that. My intention as of right now and the upcoming years if this ever lifts off is to introduce poker to the community and have a safe place for everyone who wants to play poker or learn how to.
Being a poker fanatic myself, this is something I would love to see happen if I ever live in a small city. I think it'll be great, but I know there's a lot of uncertainty around it too.
What problems could I face if this ever lifts off? What do you think of this idea?
Thanks,
MOS
I used to live in a small city of St.Catharines before I moved to Toronto. The poker scene there is pretty much non-existent and I think it would be great to have the poker scene prevalent in that city.
Of course this is still on the drawing board with nothing concrete happening yet for a few years. So really this is just a thought that could turn into reality one day.
What I want to do is lease a commercial place (live there too?) and host poker tournaments on Friday, Saturday, and Sunday in the downtown core of the city. Buy-ins will range from $5.00-$50.00, 6 max tournament and it'll be great for friends to play against each other or other players and meet new people.
It'll also be a place where online poker players can come and discuss a hand they played against an opponent and would like constructive opinions on how they played it and what they could have done differently.
I also won't be charging a fee (rake) or anything like that. My intention as of right now and the upcoming years if this ever lifts off is to introduce poker to the community and have a safe place for everyone who wants to play poker or learn how to.
Being a poker fanatic myself, this is something I would love to see happen if I ever live in a small city. I think it'll be great, but I know there's a lot of uncertainty around it too.
What problems could I face if this ever lifts off? What do you think of this idea?
Thanks,
MOS
Comments
2. Raking is illegal so with no rake you will run out of money for the rent. If you can't host at your own place you are better off to find a bar or restaurant with an unused back room that would let you host tournaments.
If you can't identify a way to make money and pay rent this is one hell of a hail mary. Love for a game doesn't pay the bills.
Continue on..
Your idea doesn't pass the smell test. Nothing in a business plan should be hypothetical when it comes to money.
I think the key to the early UofW poker millionaires was being able to easily talk/rail in their dorm room or within the university with other smart players, as opposed to having to drive off to a commercial place. I failed to find the time to talk hands/strategy when I was grinding online, but now I will try to find other winning players to regularly discuss how to improve our win rate (by phone, while carpooling to a game, or online chat).
Guy was charging something like 3 bucks a min i think.