IMPORTANT NOTE:
This event is designed for a minimum of 30 players but Paragon will allow it to be held if there are 25 players on site ready to play by 6:00 PM, otherwise the event will be called off for the month. If there are 25 bought in at 6:00 PM, others will be allowed to buy in until the firm deadline of 7:30 PM, limited to availability of re-buys, etc.
Monthly Blackjack Tournament Rules
· All Paragon blackjack rules apply to blackjack tournament play with the following exception: Blackjack pays 2 to 1 and player can split ACE’S 3 times to make 4 hands
· The tournament will be held between 6pm – 11pm first Wednesday of the month.
· The tournament will consist of two no more than three preliminary rounds (depending on participation), a semi-final round, and a final round.
· If at any time the participation is less than thirty guests, Table Games will cancel the tournament for that month.
· There is a $50 entry fee that guests will be able to pay at the cashier’s cage prior to the tournament.
· Buy-ins will end at 7:45 pm for the respective month’s tournament
· Once a guest buys-in to the tournament, he/she will receive $2,000 in tournament chips.
· There will be five tables and five players per table for the first three rounds.
· Winners will be determined by the amount of tournament chips players have at the end of 25 rounds of play.
· In case of a tie, players involved in the tie will play two additional hands.
· The top two players with the highest chip count from each table per round for the first two or three (if applies)rounds will advance to the semi-final round. The play with the highest chip count off of each table in the semi-final round will move on to the final table
· Management will have a wild card drawing if needed to fill a round.
· Players will then draw for seat and table numbers for the final round.
· Players have the option to re-buy for $25 for the second and third round
· If the response is greater than expected, then Table Games reserves the right to cancel the re-buy and let each guest play only one round.
· All players will bet in order.
· A button that will move from player spot one through player spot five will indicate this.
· The button will move to the dealer’s right one spot each hand.
· The dealer will deal the first hand to the player with the button.
· This will give the players the opportunity to play first and last hand during the round of play.
· All tournament chips must remain on the layout in front of the player in full view of the other players.
· The tournament will be dealt out of a six-deck shoe.
· Minimum bet is $25 and maximum bet is $500.
· All winnings will be rounded off and paid in chips after the final round.
· This tournament is subject to change or modification at any time and the interpretation of the rules, eligibility, and prize distribution is at the sole discretion of Paragon Casino Resort.
· Paragon Casino Resort Management will resolve any dispute or situation not covered by the official rules.Satisfactory resolution shall be in accordance with the Tribal-State Compact and Tunica-Biloxi Gaming Commission Rules and Regulations.
· In case of a tie, players involved in the tie will play two additional hands.
Prizes:
· All participants receive a free $20 meal coupon.
· A guaranteed $2,000 prize, Gaming will subsidize the difference if the $2,000 is not reached.
· The prize structure is as follows:
· 1st Place – 50%
· 2nd Place – 17%
· 3rd Place – 14%
· 4th Place – 11%
· 5th Place – 8%