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The thread on this page noting the success of chess players at the WSOP (world series of poker) gave rise to the following thought:
A number of chess players are also world class poker aces. I know this is true cause they told me so themselves!
Now if the CFC were to sponser the winner of a qualifying tournament to the WSOP main event and split the winnings there would be no more financial problems for the CFC in the next decade or two. If the CFC player just made it to the final table the win would exceed $1 million minimum! And since the CFC is a charitable organization there would be no taxex to pay! Last year the winner got $8million (before taxes) while the runner up had to make do with $5 million.
Now back to the CFC. A series of qualifying events in the major cities to each produce a finalist to be played in a central location could produce a horse or two for the CFC. The entry fees for the qualifying events (say $100) would all add up to pay the entry and travel of the winner(s) to Las Vegas. The qualifying events could even be played on line. Ten single table qualifyers with a $100 entry fee would produce the $10,000 entry fee for the WSOP.
For the travel and hotel expenses, we could run fund raiser waive events.
In the event of a small shortfall, the CFC might be on the hook for the difference. In case of a large shortfall, the winner could simply accept the cash generated and be content with the title of CFC poker champion.
A number of chess players are also world class poker aces. I know this is true cause they told me so themselves!
Now if the CFC were to sponser the winner of a qualifying tournament to the WSOP main event and split the winnings there would be no more financial problems for the CFC in the next decade or two. If the CFC player just made it to the final table the win would exceed $1 million minimum! And since the CFC is a charitable organization there would be no taxex to pay! Last year the winner got $8million (before taxes) while the runner up had to make do with $5 million.
Now back to the CFC. A series of qualifying events in the major cities to each produce a finalist to be played in a central location could produce a horse or two for the CFC. The entry fees for the qualifying events (say $100) would all add up to pay the entry and travel of the winner(s) to Las Vegas. The qualifying events could even be played on line. Ten single table qualifyers with a $100 entry fee would produce the $10,000 entry fee for the WSOP.
For the travel and hotel expenses, we could run fund raiser waive events.
In the event of a small shortfall, the CFC might be on the hook for the difference. In case of a large shortfall, the winner could simply accept the cash generated and be content with the title of CFC poker champion.
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