Strip Poker: Binion's Guarantees $10,000 for $70 Buy-In

In this "Strip Poker" series, Card Player covers the Las Vegas poker scene - on The Strip and around the city.

Known as "the place that made poker famous," Binion's Gambling Hall and Hotel, located in Downtown Las Vegas, is running $10,000-guaranteed tournaments for a buy-in of just $70 every Saturday and Sunday at 2 p.m.

"You can't play any tournament in town for such a low buy-in that guarantees so much money to the players," said Gary DeWitt, poker room manager at Binion's.

The initial buy-in gets players $2,000 in starting chips. An additional $1,500 in chips can be added on at anytime during the first hour for $40. Blinds start at $25-$50 and go up every 20 minutes.

"The structure is very player-friendly. You get a lot of play for your buck. It has been very successful, and because of this, we are looking to add the Friday 2 p.m. tournament as a $10,000-guaranteed event in the near future."

These guaranteed tournaments attract an average of 125 players. In addition, all first-place winners are also entered into a monthly Tournament of Champions (TOC) that takes place on the first Sunday of each month at 10 a.m. Two percent from each of the four daily tournaments from the previous month is withheld for the TOC prize pool.

For more information on the Binion's poker room or tournaments, call 702-366-7397.

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