[BigKyle]

All of the tournaments at bars around Eastern NC give away no money, just prizes. They don't have buyins or entry fees so they try to make money off people buying drinks and eating. Some tourneys are run for charity and giveaway prizes that are donated by local businesses. I would suggest that you run your home tournament with: no hired dealers (I sometimes pay a neighborhood kid or person who doesn't want to play a few bucks an hour to deal), no profit or rake of any kind, no asking for donations, only what goes on the table is what goes out of the table (payouts), nothing withheld (except maybe a bit for a kid dealer). Avoid really high stakes and rakes and I think you will be okay.