World Poker Tour Entrance Fee
4/15/2022by admin
Jonathan Duhamel racked up $18.2 million in live tournament earnings over the course of his poker career thanks to his exceptional poker skill. He just can’t say that to the Canadian government.
Over the past 12 years the now retired professional has won main events on the Partouche Poker Tour - for a career-high $1.8m - and North American Poker Tour and has three World Series of Poker. ClubWPT features a unique style of gaming. It’s a free-to-play poker site where you compete in tournaments with play money chips, however you also have to play a membership fee. For $24.95 a month, you can play poker to your heart’s content. The World Championship Main Event will have a whopping $10,300 entry fee and is the jewel in the crown of the event schedule with the prizepool rumoured to be the biggest in WPT online history. World Poker Tour Entry Fee, is gambling on sports online illegal, casers slots facebook, riverwalk casino vicksburg buffe. Connect With Facebook Connect. Staking a poker player means that you are paying the entry fee known as the buy-in to tournaments. Depending on the agreement between the investor and the poker player, you can stake a portion of the entrance fee or the entire amount. Some of these fees, like the Main Event at the World Series of Poker, are quite expensive.
A report from The Canadian states that tax authorities are pursuing $1.2 million in back taxes from the Quebec native, who won the World Series of Poker main event in 2010 for $8.9 million. Most Canadian poker players have the luxury of keeping the entirety of their winnings because according to Canadian tax laws, earnings from games of chance are not taxable.
While poker is generally classified as a game of chance, the Canada Revenue Agency claims Duhamel owes the government on money won from poker tournaments between 2010-2012 because Duhamel was operating as a business. If the CRA wins the case, it could be doubly painful for the three-time WSOP bracelet winner as Revenu Quebec could then pursue a case and force Duhamel to cough up another $2.4 million.
The CRA cited Duhamel’s former sponsorship with PokerStars, which was worth $1 million consisting of $480,000 in cash and $520,000 in tournament buy-ins, the fact he has had an agent since 2010, his “hedging operation” more commonly referred to in the poker world as “swapping action” with other poker players, and the fact that poker was his sole source of income aside from his investments, as to why he should be considered a business.
The CRA also used a few less-than-stellar arguments to make the case. The agency pointed to the fact that he “behaves like a serious businessman” when he is at the table, that he “considers himself” a professional poker player, and that he is “constantly on the lookout for new strategies.”
To combat those charges, Duhamel must downplay his own skill advantage and claim it was all thanks to Lady Luck.
According to the report, Duhamel is arguing that his “substantial” $8.9 million score “is only the result of chance.” Sure, his skill level may have been above the average player in the field, but the cards still needed to fall his way to win that specific event. In other words, without a little good fortune, he wouldn’t have won the money.
He also claims that he never received any formal poker training, he never used a specific system that would tilt the odds in his favor, and that his PokerStars sponsorship only came as a result of his main event victory, another circumstance of chance.
The case is scheduled to be heard in court in March of 2021.
ClubWPT™ is giving you TWO chances this month to win your way into the 2020 WPT® Choctaw main event, running May 15-18, 2020 at the Choctaw Casino & Resort in Durant, Oklahoma (95 miles northeast of the Dallas/Fort Worth airport).
This WPT® event will be televised, and has recently become a mainstay on the global World Poker Tour® schedule.
In addition to taking place at a dynamic and luxurious venue, rest assured this tournament will be packed with all the fun and exciting high stakes action you’ve come to expect from the World Poker Tour®.
World Poker Tour Entrance Fee Requirements
WPT® Choctaw Package Tournament Date & Start Times:
Sunday, March 8, 2020 at 4:00 PM ET- Sunday, March 15, 2020 at 4:00 PM ET
The winner of the WPT® Choctaw Package tournament will receive a ClubWPT™ VIP package to the WPT® Choctaw main event running Friday, May 15 thru Monday, May 18, 2020 at the Choctaw Casino & Resort in Durant, Oklahoma.
PLEASE NOTE: the Final Table of the WPT Choctaw Main Event will be filmed for TV inside the HyperX Esports Arena at Luxor Hotel & Casino in Las Vegas on May 29, 2020.
The total value of each package will be $6,000 and includes:
- $3,700 WPT® Choctaw Main Event Seat.
- $1,400 travel stipend (self-arranged flight, travel, and incidentals).
- Four nights stay at Choctaw Casino & Resort in Durant, Oklahoma ($900 value).
- ClubWPT™ Swag.
THIS PRIZE IS NON-TRANSFERRABLE AND CAN ONLY BE USED FOR THE SEASON XVIII WPT® CHOCTAW MAIN EVENT.
In addition, a total of $500 in cash prizes will be awarded among the remaining final table finishers, from 2nd to 9th place. See “Payouts” in the game lobby for individual award amounts.
WPT® Choctaw Package Online Satellite Schedule:
Prize | ||
---|---|---|
WPT® Choctaw Satellite* | 50 TPs | Top 9 finishers (Final Table) in each daily WPT® Choctaw Satellite tournament to receive entry (2,000 TPs) into the next WPT® Choctaw Package tournament. |
Dates | Times |
---|---|
DAILY (Mon-Sat) Mar 9-14, 2020** |
World Poker Tour Entrance Fee Fees
- All times are Eastern Time (ET).
- *Satellites open to eligible ClubWPT VIP members in good standing only.
- **Dates and times of ClubWPT online tournaments are subject to change without further notice.
Please check the poker lobby for the most up-to-date information.
Comments are closed.