https://www.liquidpoker.net/


LP international    Contact            Users: 512 Active, 1 Logged in - Time: 04:21

April/SCOOP Stake

New to LiquidPoker? Register here for free!
Forum Index > Poker Blogs
player999   Brasil. May 05 2011 12:42. Posts 7978


+1.7k live cash
+1.4k rakeback
-0.2k online sngs
-0.5k online MTT

= +2.4k month. Didn't feel like playing at all after quitting SNE, so I didn't put in any hours, and when I did I ran as bad as its possible to run within 1k sngs. Keep in mind the field is 100 times softer than before (black friday), and I broke even pretty much. wtf. Won @ live tho woot!

I'm pumped for SCOOP tho, I'm doing a kind of stake that is very common in Brazil, where ppl buy pieces, and get 60% of the profit. So I sell all action (or most) and keep 40% (if dont profit return all $ scores to stakers). So if anyone is interested, this is the SCOOP schedule, should be about $13.5k in SCOOP buy ins and some regular mtts for $20k total, so selling 100 pieces of $200:

+ Show Spoiler +



Stakers:

https://spreadsheets.google.com/sprea...5iwheN3Fd4A&hl=en&pli=1#gid=0

0 votes

Facebook Twitter
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? - KapolLast edit: 03/06/2011 11:09

gawdawaful   Canada. May 05 2011 13:33. Posts 9012

I'm not quite sure I get how it works. What I think atm is that, basically I'm getting 60% of every dollar I put in?

Im only good at poker when I run good 

Arirang   Canada. May 05 2011 13:50. Posts 1673

Yeah, I don't understand at all what's being said here.


player999   Brasil. May 05 2011 14:14. Posts 7978


  On May 05 2011 12:33 gawdawaful wrote:
I'm not quite sure I get how it works. What I think atm is that, basically I'm getting 60% of every dollar I put in?



not really

you get 100% up to the initial stake amount (20k) and 60% of profits

so in case I break even, you get 100% of every dollar you put in
if I profit 20k (cash 40k), you get 80% of every dollar you put in (100% of first 20k and then 60% of profits)

so the value of each piece starts at 100% and decreases in porcentage but increases in pure value with the increase of money cashed

paint sketch



in comparison with direct % stakes this decreases the profit of the staker just like the "1.2:1" system, just in a way that varies with the higher profit. given an +EV player, it is a +EV stake like you would expect it to be just in a "lower ROI for the staker" manner

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 

player999   Brasil. May 05 2011 14:17. Posts 7978

I had arguments with people doing this in the past because I didn't really think it was fair for the player to just freeroll, but they counter it by saying that the staker is making money in the long run (given the player is +EV), so both sides are happy

so I thought, if thats the case, then I'll do it too and freeroll this biatch

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 

player999   Brasil. May 05 2011 14:19. Posts 7978

although I'll prob gonna have to buy some cause it might not sell everything (~60% sold atm)

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 

eso   Sweden. May 05 2011 15:16. Posts 285

can you accept transfers through ftp, and how much is left?


SIG1   United States. May 05 2011 16:14. Posts 651

i buy all in ub money lol. jk =(


Robinson47   United Kingdom. May 06 2011 08:03. Posts 992

why would annyone be mad enough to stake you in this way over such a small sample in high variance mtts? You get a risk free shot at mtts so obviously its good for you but i fail to see the benefit for anyone staking you. Surely the traditional way of 5% of buy in for 5% of returns would be more appropriate in MTTs.


player999   Brasil. May 06 2011 13:01. Posts 7978


  On May 06 2011 07:03 Robinson47 wrote:
why would annyone be mad enough to stake you in this way over such a small sample in high variance mtts? You get a risk free shot at mtts so obviously its good for you but i fail to see the benefit for anyone staking you. Surely the traditional way of 5% of buy in for 5% of returns would be more appropriate in MTTs.



it is a sick deal, yes

but people like to do these over here, I'll take it

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 

gawdawaful   Canada. May 06 2011 14:59. Posts 9012

so how big is the markup in the traditional sense? I'm guesstimating it at around 1.6:1, but I'm not sure if thats right. If its 1.6:1, thats an unreal sick markup...

Im only good at poker when I run good 

terrybunny19240   United States. May 06 2011 17:36. Posts 13829

brazil pretty unskilled stakers wtf


player999   Brasil. May 06 2011 21:06. Posts 7978


  On May 06 2011 13:59 gawdawaful wrote:
so how big is the markup in the traditional sense? I'm guesstimating it at around 1.6:1, but I'm not sure if thats right. If its 1.6:1, thats an unreal sick markup...



as the graph shows it starts at 1:1 and goes towards 1.6:1

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 

gawdawaful   Canada. May 07 2011 08:45. Posts 9012

I hope you dont think I'm trying to shit on your action, just trying to get a better grasp of this staking system.

Im only good at poker when I run good 

player999   Brasil. May 07 2011 13:03. Posts 7978

not at all, I dont think its very far too, but there's lot of ppl here who like it

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 

 



Poker Streams

















Copyright © 2024. LiquidPoker.net All Rights Reserved
Contact Advertise Sitemap