Blackjack and No Limit Texas Hold’em Parties

I don’t know if you’ve noticed but No Limit Texas Hold’em poker has become HUGE. If you don’t have an interest in gambling you probably can’t understand. But No Limit Texas Hold’em is the biggest “thing” since the Macarena.

Of course, as entrepreneurs, whenever there’e a fad or huge interest swelling for a particular thing, we can capitalize.

Call a local games rental place in your local area and get the cost of renting gambling tables. You’ll need to pick your game. You could do this idea with Blackjack or No Limit Texas Hold’em.

Rent a small conference room at a local hotel or perhaps at a college… any place you can get a 50′ x 50′ room or so as cheaply as possible. Bring in 10 or 20 tables, hire a waiter and dealers for each table (the game rental place can help you there as well.) Then advertise a Blackjack (or Texas Hold’em) raffle night. Basically, people pay $25 at the door to get in (or whatever you have to get to make it a profitable night) then everyone gets a certain amount of chips. The contest starts at 8pm or whatever and goes until midnight. At the stroke of midnight, everyone counts their chips. For each $100 (or whatever, again) a person has, they get one raffle ticket. Then you do a raffle of a 1st prize, 2nd prize and 3rd prize…. etc. Of course, you can make money on the snack bar as well. Serving alcohol will most likely be prohibited unless you go through the licensing… etc. However, there’s too much liability, so I wouldn’t even attempt it unless you outsource it to a catering company.

This is a legal way (please consult your local blood sucking Barrister to see if it’s 100% legal where you live) for people to have fun playing their favorite gambling games without losing all kinds of money in the process. You’ll get a lot of people who are new to the game and use your raffle night for practice in a less pressured environment.

The key to this idea is you MUST keep your expenses VERY low. The dealers will cost about $10 an hour and the tables rent for about $50 each a night (more or less). Plus the cost of the room and the advertisement in the local paper… it all adds up. You have to either rent chips or buy them, as well. Each table will hold 7 people (Blackjack) and perhaps 10 people for Texas Hold’em. So, if you got 10 tables, you would only have room for 70 people for Blackjack and 100 for Texas Hold’em. So be sure to do the math. Your first couple of gambling nights might lose money but if you hold them once a week and people get to talking about them, you’ll start to sell out each night. You might even consider only taking pre-paid appointments. That way, a seat is paid for regardless if they actually show up or not. Heck, if it goes well enough you can buy your own equipment and rent a place in a strip mall and capitalize on the driveby traffic for advertising.

I’d come to EVERY gambling night if it were in my town and I know 5 people off the top of my head that would come to most of them as well.

Huge, I tell you, HUGE!!!! And it’s only getting bigger and bigger.