The tournament fee structure at The Lodge Card Club has changed as of January 8th, 2024.
Here’s the need to know info at a glance:
- Only tournaments with a buy-in between $120 and $3,000 have been changed.
- The fee changes amount to an increase between 0.1% and 2% of the total buy-in, depending on the tournament.
- The goal of these changes is to increase wages for Lodge managers, dealers, and front staff.
The rest of this article was written by Doug Polk to further explain why we made these changes and what specifically will change.
The Tournament Changes Explained (by Doug)
We have made a slight increase to our tournament access fees.
The increases are between 0.1% and 2% of total buy-ins and will be across buy-in levels from $120 to $3000.
The majority of this increase is going to go towards increasing the pay for our staff.
About a year and a half ago, we significantly decreased our tournament fees (see: article). The goal was to create more competitive fees compared to other rooms around the country. The result of that has been fairly impactful on our staff.
In retrospect, I made a mistake to suggest pulling back the fees as far as we did. Even after this increase, we will be one of the cheapest places to play tournaments in the state.
While an increase this small might not warrant a public conversation, if we are going to announce when we decrease them, we should also let our customers know when they increase as well.
Below marks the changes, they are still highly competitive.
Note: If you want to compare this to our previous fee structure, click here.