Cherokee Bounty Tournament

Here are the rules from a previous event:

Bounty Blackjack Tournament Format:
· The Bounty Blackjack Tournament is where all participants take turns being the banker. The banker is labeled as the bounty for that hand.
· Standard Cherokee Casino Blackjack Tournament rules apply.
· Each participant will have a starting bankroll of $500 in tournament chips.
· No chip counts may be requested.
· All bets will be made in increments of $10. The minimum and the maximum bet will escalate every six hands. Blind Levels are yet to be determined.
o If a participant places a bet in $5 increments, the dealer will round the bet down to the nearest $10 increment, and proceed in reconciling the hand.
o If a participant places a wager above the maximum, the wager will be reduced to the maximum bet, the dealer will then reconcile the hand. All overages will be returned to the participant.
o In the event a participant has less than the minimum bet, they will be required to go “All-In.” They will be allowed to play the hand; if the participant wins, they will only receive a payout equal to their wager. For a blackjack, the bet, in increments of ten, will be paid standard and the remaining odd amounts will be paid even money.
· In each round the two participants remaining at the table will advance to the next round. Participants will advance to the next round with their bankrolls.
· No Wild cards will be used for this tournament
· The marker will determine who the banker is and the bounty for the current hand. When it is a participant’s turn to be the banker and the bounty he/she must risk 100% of their bankroll.
· The betting order and dealing order will start with the participant to the bounties left and move in a clockwise rotation.
o The bounty will not receive cards as his hand will be played as the dealers hand. The bounty’s hand will follow all house rules. All other participants are playing their hands against the bounties hand.
o All winning wagers will be paid from the bounty’s bankroll, and all losing wagers will be collected and added to bounty’s bankroll.
· When participants are acting on their hands dealt, if they stay on a blackjack, it is paid at that time
o Reconciliation will start with the participant to the bounty’s left and move in a clockwise rotation. If the bounty cannot pay all participants, the bounty will be eliminated from tournament play, and the remaining hands either won or lost to the bounty will be declared a push.
o The participant who eliminates the bounty will receive a prize payout in live chips paid from the prize pool of the tournament.
· The two remaining participants from each table move on to the next round from all rounds