Quote:
Originally Posted by Professionalpoker
Something like a sanctioning body like the PGA for golf and the USBC for bowlers. You would have to be a member to participate in a sanctioned event but the sanctioning body would insure the prize fund and unify rules.
To hold a sanctioned event you would have to meet all the criteria established, and provide a complete accounting.
Membership would be reasonable like under $100 per yr
I, for one, have no interest in playing in poker tournaments in which every entrants is a member of a Professional Poker Player sanctioning body.
My thought was more akin to a union that would have each other's back... Everyone pays X amount per year, you get insurance for something like this, or legal fees covered, or whatever is able to be put together. Like I said, the problem is that there would be so many freeloaders it would be hard to get going.
Perhaps just an organization that, if a tour/casino wants to charge an extra $5/buyin or a minimum of X per event they will hire an accountant/lawyer to verify everything is on the up and up and put their stamp of approval on it. The issue there is, are they legally liable if they have an oversight or someone pulls one over on them even? Then that's an issue. This would seem to fit well into something like the TDA since they have an organization in place, but that's just from my (players) perspective.
Unfortunately it's all very complicated and there are issues with almost any solution... which is why this community gets scammed far too often.
One interesting talk I had at the table with a friend was to have casinos handle prize pools and hire a company to market the tour, but all the money is handled by casinos. So in that hypothetical, the PPC would have only been responsible for promotional material and arrangements in Aruba, but all the money would be handled by MDL, Foxwoods, etc... They'd pay the PPC a cut of the rake, or a flat fee, or whatever...