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Originally Posted by Gambit2300
Line 339-340 of sb-622
Games of poker without betting limits if such games are authorized in this state to any person for any purpose.
This was struck from SB622 before passage, as an administrative correction. It is not the provision of the bill that gives us uncapped poker. It only had to do with authorizing Class III games in the state that were being given to the Seminoles in the compact. This line was unnecessary as poker is a Class II game, not Class III, so it was taken out of the bill.
Here is what Florida laws will say upon implementation of SB622 regarding poker caps, limits, stakes etc.:
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(b) The cardroom operator may limit the amount wagered in any game or series of games.
(c) A tournament shall consist of a series of games. The entry fee for a tournament may be set by the cardroom operator.
That's all. The laws used to give specifics of betting limits, but now will have none. IMO, any attempt by the DPMW to impose limits/caps by regulation will be counter to the wording of the new statute and to the intent of the legislature in removing the current limits/caps.
Florida law gives the DPMW the following authority:
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(a) Adopt rules, including, but not limited to: the issuance of cardroom and employee licenses for cardroom operations; the operation of a cardroom; recordkeeping and reporting requirements; and the collection of all fees and taxes imposed by this section.
Could the DPMW issue regulations that include buy-in caps or other such details? Yes, it is possible. However, it is looking like I, along with some others, will be participating in the rulemaking process to provide input about what is important to players. My #1 priority will be to ensure that no rules are issued which specificy any buy-in, betting, game or stake limits. I believe this to be outside the purview of the DPMW rules, and should be left at the discretion of each cardroom management.
I would be happy to hear from players your opinions about any of these matters, including any player protections you see fit to be set by DPMW rules. I'm sure there will be plenty of useful ideas that will surface that I wouldn't think of on my own.
Last edited by PokerXanadu; 04-22-2010 at 06:39 PM.