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Stars shares for the 'daily bigs'

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MTT-DESTROYER   United Kingdom. Apr 22 2011 05:39. Posts 54
Hi, stars have renamed some of their usual daily mtt's into 'the daily bigs' and if you play 3 of them of the same value you receive a free scoop ticket for the same value as well. (e.g play 3 x $11 get an $11 scoop ticket).

They are:

$11 50k
$22 25k
$55 100k
$109 50k

Total per day = $197
Total for 3 days = $591

I'm looking to sell 30% of my action for which you get 30% of any returns, plus you get the added bonus of 30% in the four Scoop events I will play with the tickets earnt from this promotion, a lot of VALUE! I am 25k in profit from mtt's and I am very comfortable playing these limits.

I have sold shares before to OjKa and I sent back any money we had left, i'm sure he can confirm this if required.

So 10% = $59.10
30% = $177.30

Here is my OPR link: http://www.officialpokerrankings.com/...9650880F40DEBE395531E8ED5167.html?t=2

PM me for any other info/questions

Thank you

10% sold by PM 20% left

0 votes
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 Last edit: 22/04/2011 08:07

devon06atX   Canada. Apr 22 2011 06:08. Posts 5459

1 question before I go to bed (it's 7am here). In your opinion, what is the likelihood that you will make money for your backer[s]?

Based on that answer, I'm more than willing to prop-bet you. Not a slight, just an honest bet... I am definitely sceptical, and you seem very confident, so I think it would be a profitable wager for one of us. Again, this wager completely depends on the % that you think you can actually make your backers money...

If not, such is life. I think it would be fun though. you game?


MTT-DESTROYER   United Kingdom. Apr 22 2011 06:13. Posts 54

I couldn't put the chances of a profit into a % but I am +EV in these tornaments and all I can do is make +EV decisions. Whether I make a profit or not is a different matter all together as tournament poker variance is extremely insane, especially in these bigger field mtt's.

I am willing to prop bet my total profit vs your total profit for the same tournys if you are game though? Small wager just for the competition?


devon06atX   Canada. Apr 22 2011 06:20. Posts 5459

wish i could man, like i said, i gotta crash asap.

that being said - like you said, they are high variance, and no, i wouldn't prop-bet that.. tourneys are typically soft-fields filled w/ tons of luck. (a big reason why i offered a prop-bet heh).

i wish i could compete w/ ya regarding the tourneys, but simply put, life (sleep lol) is much more important. i'd offer the same wager for cash games, but i know it's a moot point.

i was literally just curious about the % chance you thought of your backers getting a return on their investment is all. not a personal bash, i'm pretty realistic regarding damn near all stakes.


MTT-DESTROYER   United Kingdom. Apr 22 2011 06:32. Posts 54

My roi is 64% from 1247 tournys, I don't know whether you can use those stats to work out an expected return from the 16 tournys mentioned above?


CrownRoyal   United States. Apr 22 2011 07:08. Posts 11385

378.24

math is pretty hard i heard

WHAT IS THIS 

MTT-DESTROYER   United Kingdom. Apr 22 2011 07:25. Posts 54

So what's the % chance of me making a profit from 16 tournys?


johnmagi   Norway. Apr 22 2011 07:26. Posts 1424

Give CR his greenstar before he leaves this site.
Allways makes good post, WD!!!


MTT-DESTROYER   United Kingdom. Apr 22 2011 08:05. Posts 54

10% sold via PM


CrownRoyal   United States. Apr 22 2011 08:29. Posts 11385


  On April 22 2011 06:25 MTT-DESTROYER wrote:
So what's the % chance of me making a profit from 16 tournys?


50/50

either u do or u dont

WHAT IS THIS 

CrownRoyal   United States. Apr 22 2011 08:33. Posts 11385

also i didnt factor in above that u were counting the free SCOOPs

with 64% roi overall actual expected profit is 504.32

WHAT IS THIS 

MTT-DESTROYER   United Kingdom. Apr 23 2011 03:05. Posts 54

So, to summarise, this is a good investment then CrownRoyal

Still 20% of shares available.


OjKa   United Kingdom. Apr 23 2011 07:40. Posts 210

I BELIEVE IN YOU


 



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