Millionaire Maker Rules
As there have been several "revisions" to the rules for the Millionaire Maker Finals at Ceasars in August, I thought it best to just post them here on the message board rather than add/edit the Event posting. Below is an excerpt of the salient details from what I received from Harrahs earlier this week.
24. Participants must register the night before the tournament during tournament registration, from 7PM - 10PM or during late registration Monday from 10am-11am. There will be approximately 300 participants.
25. If the participant is not present at the blackjack tournament area at the start of his or her assigned time, they will be disqualified from the tournament.
26. Seating: A random drawing at registration will determine player’s positions for tournament play.
27. Format: Tournament play will consist of Round 1, Round 2, Quarter-Final Round, Semi-Final Round and the Final Round.
28. Round 1: Round 1 will consist of eighteen (18) hands. The top two (2) players at each table (100 players) will advance to Round 2.
29. A Wild Card Drawing will be conducted for twenty (20) additional players to advance to Round 2. See Rules below for Wild Card Drawing for details.
30. Round 2: The 100 players who advanced from Round 1 and the 20 wild card winners will play in Round 2 (120 players total). Round 2 will consist of eighteen (18) hands with six (6) players at each table. The top two (2) players at each table (40 players) advance to the Quarter-Final Round.
31. A Wild Card Drawing will be conducted for eight (8) additional players to advance to the Quarter-Final Round. See Rules below for Wild Card Drawing for details.
32. Quarter-Final Round: The forty (40) players who advanced from Round 2 and the 8 wild card winners (48 players) will play in the Quarter-Final Round. The Quarter-Final Round will consist of eighteen (18) hands with six (6) players at each table. The top two (2) players from each table (16 players) advance to the Semi-Final Round.
33. A Wild Card Drawing will be conducted for two (2) additional players to advance to the Semi-Final Round. See Rules below for Wild Card Drawing for details.
34. Semi-Final Round: The 16 players who advanced from the Quarter-Final Round and the two (2) wild card winners will play in the Semi-Final Round. The Semi-Final Round will consist of eighteen (18) hands with six (6) players at each table. In the Semi-Final Round, the top two (2) players from each table will advance to the Final Round.
35. Final Round: The Final Round will consist of six (6) players. No wild card entrants will be included in this Final Round.
36. Each player will be issued $20,000 in tournament chips at the start of each round. Round winnings do not carry over to the next round.
37. Shuffle: Dealer will shuffle and cut a 6-deck shoe at the start of each round.
38. Dealing Procedures: All cards will be dealt face up. Tournament will be dealt with a rotating first base. First base at the beginning of play will be determined by a roll of a die by the dealer. First base will rotate clockwise.
39. Minimum and Maximum Bets: The minimum bet is $100 and the maximum bet is $5,000. All bets must be in increments of $100. In the event a player loses everything prior to the end of the round, or has less than $100, they will receive a score of 0 and leave the game.
40. Each player will have 10-seconds to make their bet. Otherwise, their bet will be $100. Each player must play every hand.
41. Betting rotation will be in conjunction with the first base rotation. Once the bet is made and contact is broken, regardless of rotation, .the bet cannot be changed and is considered final
42. At the end of 17 hands, the dollar amount for each player will be tallied and announced. Once each Player’s dollar amounts are known, the game will proceed with the 18th and final hand.
43. Shoe Rules Apply: Split any pair up to 3 times. Players may double down on any 2 cards. They may double down on any 2 cards after the split. Aces may be split only once and may receive one (1) card per ace.
44. Table Assignment Changes: Harrah’s reserves the right to reassign a player or players to another table to ensure an even number of players at each table.
45. The Tournament Director will decide all disputes. The Tournament Director’s decisions are final.
46. Wild Card Eligibility: Any participant eliminated from any previous round is eligible for all wild card drawings. Disqualified participants are not eligible for any wild card drawings.
47. Must be present to claim Wild Card Seat. Wild card winners will have 60 seconds to claim their Wild Card Seat. If the wild card winner is not identified in the time allotted, an alternate entry will be selected. Drawings will continue until all Wild Card Participants have been selected. It is the responsibility of each participant to hear the announcements in the Tournament area at the time of the drawing.
48. The top prize is $1,000,000 (annuity paid $50,000 per year for 20 years or lump sum option can be taken.) The lump sum option amount will be determined based on the discounted value of a twenty-year $1,000,000 payment on August 16, 2006, as provided for in Nevada Gaming Commission Regulation 5.115.) Winning odds: 1 in 300. Odds may change depending on number of participants.
49. Grand Prizewinner will be allotted 30 days in which to decide upon form of first prize payment.
50. The following cash prizes will be awarded to the following finishers:
2nd Place - $25,000-winning odds: 1 in 300;
3rd Place - $10,000 – winning odds: 1 in 300;
4th Place - $7,500, – winning odds: 1 in 300;
5th Place - $5,000 – winning odds: 1 in 300
6th Place - $2,500 – winning odds: 1 in 300;
The Semi-Final participants who do not advance to Final Round will receive $1000 -winning odds: 12 in 300;
Quarter-Final participants who do not advance to Semi-Final Round will receive $500 – winning odds: 32 in 300.
*Odds may change depending on number of participants.
51. In the event of a tie at any table, a playoff will be held with the tied participants. Each will receive $5,000 in tournament chips and will play five (5) hands. If a playoff results in a tie, additional five-hand playoffs will occur until any ties are resolved. Example: Player A and Player B are tied for second place. If Player A wins the playoff, (s) he will be awarded second place and Player B will be awarded third place.
52. All decisions regarding the interpretation of rules, eligibility, etc. for this tournament lie solely with Harrah’s, whose decisions are final.
53. Harrah’s reserves the right to cancel, change or modify this tournament at any time, for any reason, subject to all applicable regulatory approval, provided that such modification shall not, as of the date of such modification, materially alter or change any participant’s prize already awarded.
Chips