1
|
player999   Brasil. Apr 17 2012 17:45. Posts 7978 | | |
|
Browsing through your hand histories makes me wonder that you might not be aware these games are possibly play money. Have you ever tried to cash out? - Kapol | Last edit: 18/04/2012 18:14 |
|
|
1
|
Drakk   Canada. Apr 17 2012 17:50. Posts 1199 | | |
|
Expect the worst, hope for the best | |
|
|
1
|
MiPwnYa   Brasil. Apr 17 2012 18:02. Posts 5230 | | |
|
|
1
|
Ket   United Kingdom. Apr 17 2012 18:11. Posts 8665 | | |
i'll take 20 shares but got a quick Q about the buyins. The total amount used for buyins is approximate for now right? because of rebuys and it being uncertain exactly how many other side tournaments you'll play. So am I right in assuming the $250 price of 1 share for now is approximate and will be adjusted after the scoop series is over? |
|
|
1
|
player999   Brasil. Apr 17 2012 18:15. Posts 7978 | | |
I will play side tourneys until i reach 25k, the SCOOP tourneys are estimated at 15k and could go up or down as you say but I will adjust the side tourneys to make it 25k total |
|
Browsing through your hand histories makes me wonder that you might not be aware these games are possibly play money. Have you ever tried to cash out? - Kapol | |
|
|
1
|
Ket   United Kingdom. Apr 17 2012 18:16. Posts 8665 | | |
|
|
1
|
Expiate   Bulgaria. Apr 17 2012 18:16. Posts 236 | | |
|
|
1
|
Twisted   Netherlands. Apr 17 2012 18:35. Posts 10422 | | |
I'd like 10% (or 10 shares). |
|
| Last edit: 17/04/2012 18:37 |
|
|
1
|
Twisted   Netherlands. Apr 17 2012 18:39. Posts 10422 | | |
What does make-up 65/35 mean exactly? |
|
|
1
|
rememp   Canada. Apr 17 2012 18:41. Posts 480 | | |
I'd like 0.5% if that's okay |
|
|
1
|
player999   Brasil. Apr 17 2012 18:42. Posts 7978 | | |
| How it Works
A typical tournament backing deal might be outlined as "50/50 with makeup."
What this means is that the backer, who puts up the money for a player's buyins, agrees to split 50% of the backee's tournament profits but only after previous buyins have been recouped. The amount that needs to be recouped is makeup.
E.g.
Using the "50/50 with makeup" example as a model: A backer puts his player into 12 $10,000 tournaments and the player doesn't cash any of them. Thus, the partnership has a $120K "makeup figure."
If, on the 11th tournament, the player cashes for $240K, the $120K would be subtracted off the top and the remaining $120K would be split $60K apiece between the backer and his "stakehorse." |
|
|
Browsing through your hand histories makes me wonder that you might not be aware these games are possibly play money. Have you ever tried to cash out? - Kapol | |
|
|
1
|
1
|
remdyn   Canada. Apr 17 2012 18:44. Posts 12 | | |
I'll take 0.5% please. Good luck! |
|
|
1
|
Flexible88   Belgium. Apr 17 2012 18:46. Posts 4 | | |
I'll take 0.5% too plz.
Money sent |
|
| Last edit: 17/04/2012 18:54 |
|
|
1
|
rememp   Canada. Apr 17 2012 18:52. Posts 480 | | |
Are you selling all $25,000? Or are you taking shares for yourself? |
|
|
1
|
player999   Brasil. Apr 17 2012 18:55. Posts 7978 | | |
I would take the remaining action that didn't sell, but it seems that ppl actually think I'm good so it'll sell out |
|
Browsing through your hand histories makes me wonder that you might not be aware these games are possibly play money. Have you ever tried to cash out? - Kapol | |
|
|
1
|
rememp   Canada. Apr 17 2012 19:04. Posts 480 | | |
I've never staked anyone before, but jumped at the chance, because it's likely a sick ROI proposition as you are one of the best around.
Just so I understand correctly the staking is with makeup and 65 investors/ 35 you for profit right?
So if you play everything and and profit $38,461.54 (25k/65%) - Finish at $63,461.54 I will break even right?
Edit: I'm retarded - it's should have been obvious to me that makeup means the split starts after the first 100% (25k)
You would have to pretty much be able to see other people's hole cards for my above proposition to make sense to backers |
|
| Last edit: 17/04/2012 19:15 |
|
|
1
|
player999   Brasil. Apr 17 2012 19:07. Posts 7978 | | |
loool obviously not man
you get 100% up to the first 25k, only then its a split, I dont know the exact math, but I'm pretty sure I need less than a 35% ROI for this to be +EV for you |
|
Browsing through your hand histories makes me wonder that you might not be aware these games are possibly play money. Have you ever tried to cash out? - Kapol | |
|
|
1
|
player999   Brasil. Apr 17 2012 19:09. Posts 7978 | | |
from the top of my head I would think that a 20% ROI player would be a good investment in this format, and 20% ROI is really not much |
|
Browsing through your hand histories makes me wonder that you might not be aware these games are possibly play money. Have you ever tried to cash out? - Kapol | |
|
|
1
|
rememp   Canada. Apr 17 2012 19:12. Posts 480 | | |
lololol I wrote that thinking it was reasonable, and was waiting for you to reply, see you laughing, and I'm like wtf?
Looked up at what I wrote and realized that it is insane. Please do not judge me. I got it now.
Yes, yes - you don't need to convince me it's +ROI for me, money is already sent.: )
Good luck
|
|
|
|