Daily C-Note Tournaments Available at BetMGM Poker NJ
November 19, 2023
Thanks to having easy access to Atlantic City, there are a lot of New Jersey residents who have caught the poker-playing bug. As an alternative to visiting the state's retail poker rooms, New Jersey poker players are lucky to have access to a few of the top online poker rooms in the U.S. That includes having access to the BetMGM Poker room, which is currently offering several quality bonus promos. One of the offerings is the platform's Daily C-Note Tournaments, which are available under the following terms and conditions.
This has been and will continue to be an ongoing promotion. It will remain as is until BetMGM's management decides to terminate or change the promo. This promotion is available to registered BetMGM customers in New Jersey and other states where the platform might be available.
The Daily C-Note Tournaments will be featured every day at 7:00 in the evening. To participate, BetMGM customers will need to pay the entry fee. Initial entry fees are due by 6:66 p.m. EST. Late entries and reentries will be accepted until the end of blind level 15.
The game will be No-Limit Texas Hold'em. The entry fee for these tournaments has been set at a "c-note" or $100. Of that amount, $92 will go into the prize fund and the remaining $8 will be directed to administrative fees.
Each player will start with a $50K stack of chips. The blinds will change every 10-12 minutes. There is no guaranteed prize fund. The prize fund will be based on the total amount of money claimed as entry fees. The number of places that will receive prize money will be determined based on the total number of entries. The overall winner will get the largest part of the prize fund with the rest being distributed to to the rest of the prize recipients on a de-escalating scale.
All prize money will be paid in cash. Since cash is being paid, there will be no wagering requirements tied to the prize money. The money will immediately be made available for withdrawal.
In New Jersey, online poker players are required to be at least 21 years old when they open their BetMGM Poker accounts. When playing poker, they must be located in a state where online poker has been legalized. Compliance with this rule shall be managed by BetMGM via the use of geo-framing technology. No exceptions will be permitted.