Stakes and prizes

The players’ stake in a public poker tournament must be paid before the tournament begins. You must be able to document that the payment has taken place in time. The Danish Gambling Authority has approved  payment systems you are allowed to use. Payments can also be made through a bank transfer. It is not allowed to recieve stakes in cash. 

A participant’s stake may as a maximum make up DKK 400 per tournament per day and must be paid in one collected payment. If a player participates in two tournaments per day at the same venue, the player’s stake must maximally make up DKK 400 in total for both tournaments. It is not allowed to add more money to the tournament pool several times or throughout the game. 

The stakes of the participants make up the tournament pool. The tournament pool must not exceed DKK 20,000 and may as a rule only be used for prizes. However, it is allowed to use up to 25 percent of the tournament pool for immediate costs. This includes costs that have a direct connection to the individual public poker tournament, which among other things are costs for rent of the venue, book keeping, website, playing cards etc.

The total prize for one player may as a maximum make up half of the tournament pool, but it is up to the licence holder to calculate and distribute the prizes. The calculation of the prizes must be available to the players before it is possible to sign up for a tournament. 
The down payment of the prizes from the tournament pool can only take place through a bank transfer. It is therefore not permitted to pay out prizes in cash. 

Sponsor prizes

Sponsor prizes are allowed in the tournament pool.

Sponsor prizes can either consist of money or goods. In case the prize consists of goods, the value of the goods must be stated as the market value. The market value of sponsor prizes must not exceed DKK 5,000 in a single tournament. If more than one tournament is held per day, the sponsored prize(s) must not exceed DKK 5,000 in total. Persons with affiliation with the company that sponsors a prize or the person who sponsors a prize must not participate in the tournament in which the sponsored prize(s) enter into. The licence holder can use up to 25 percent of the tournament pool to cover the immediate costs in connection with the organisation of the public poker tournament. However, the value of sponsor prizes are not included in the 25 percent of the tournament pool that can be used to cover the immediate costs of the organisation of the tournament. 

Ranking list tournament

Up to five percent can be transferred from the tournament pool to a tournament final, however, maximally DKK 500. To qualify for a ranking list tournament final, the qualifying tournaments must span ten tournaments and at least four weeks. The tournament final must at the latest be held three months after the first qualifying tournament. 

The general rules that apply to the organisation of public poker tournaments also apply to the tournament finals. Therefore, sponsor prizes are allowed in the tournament final pool. 

If the tournament final pool exceeds the upper limit of the tournament pool’s size of DKK 20,000 (maximally DKK 25,000 in the case that sponsor prizes are included) an application for this must be made in advance.