Back in February, a bingo battle was lost by the Alabama-Coushatta Tribe. More recently, Texas has been in the news due to shootings, one at a poker parlor.
But, poker is still hot in Texas. Perhaps, it is the roots it has with people like Amarillo Slim winning massive amounts of money in private poker parlors. Poker clubs are springing up everywhere in Texas, and they can operate as long as they only charge a “membership fee” that helps take care of the overhead for the building it is housed in.
The WPT DeepStacks stop that is going to visit Houston is coming to the Free Rolls Poker Club. The club just opened in April and had become a huge location in the Texas poker market. The buy-in for the game is $1,000. Since it is part of the World Poker Tour DeepStack Main Event, it is allowed to have a prize pool that is guaranteed. The amount is $100,000. The event will start September 26, 2018, and ended October 2, 2018.
Freeroll tournaments like this one will only have a membership fee for the club, but no rake, seat rentals, or tipping is allowed. It is the only way one can keep the game legal under Texas state laws. If the club does not make money from poker, it is considered legal.
At least, that is what the clubs believe. Councilman Greg Travis believes that it is all illegal under the laws and does not wish for the clubs to continue existing.
Texas Casino Laws
Texas has not legalized gambling in the traditional manner. Instead, you can go to poker parlors and pay a membership fee, but there are no casinos like Las Vegas. The laws are very gray, and it is hard to read them, but poker clubs continue to operate even after the shooting outside one and make certain they do not gain profit directly from gambling.
Free Rolls Poker Club is attempting to introduce an advertising model to commercials that are at a poker table and are attempting to get investors. They are happy the Securities and Exchange Commission passed the JOBS Act, which allows small companies to use crowdfunding as a source. Trent Daniel stated before the JOBS Act it was difficult to raise capital for Free Rolls clubs, which makes them struggle to remain open and within the laws of Texas. Now, they are hoping to keep the poker chips moving.