T
tacticaltal
Guest
What is the name of your state? Indiana
Would it be considered "gambling", and therefore illegal, to conduct, organize, run or participate in Tournament Poker games which require an Entry Fee if all money from the Entry Fees go to a prize for the winners i.e. no house rake, 100% returned in prizes?
From Indiana's Criminal Code:
Unlawful gambling Sec. 2. A person who knowingly or intentionally engages in gambling commits unlawful gambling, a Class B misdemeanor
but....
"Gambling" means risking money or other property for gain, contingent in whole or in part upon lot, chance, or the operation of a gambling device; but it does not include participating in: (1) bona fide contests of skill, speed, strength, or endurance in which awards are made only to entrants or the owners of entries
http://www.in.gov/legislative/ic/code/title35/ar45/ch5.html
Would it be considered "gambling", and therefore illegal, to conduct, organize, run or participate in Tournament Poker games which require an Entry Fee if all money from the Entry Fees go to a prize for the winners i.e. no house rake, 100% returned in prizes?
From Indiana's Criminal Code:
Unlawful gambling Sec. 2. A person who knowingly or intentionally engages in gambling commits unlawful gambling, a Class B misdemeanor
but....
"Gambling" means risking money or other property for gain, contingent in whole or in part upon lot, chance, or the operation of a gambling device; but it does not include participating in: (1) bona fide contests of skill, speed, strength, or endurance in which awards are made only to entrants or the owners of entries
http://www.in.gov/legislative/ic/code/title35/ar45/ch5.html
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