Originally Posted by ChicagoJoey
these fkn wsop packages are all marked up to like 1.25 1.35, this seems crazy to me, anyone buy pieces and can enlighten me on what should be looking for?
I think that can often be very fair. Assuming the horse is a very good player, in live tournies, especially the WSOP's which are probably the softest tournies of the year, unless they are playing a really hard schedule, good players can often get a 100% ROI or more. Selling at 1.25 and even 1.35 for very good players in a soft schedule is still a good deal.
Also when buying, always ask about the tax situation. For me in Canada, 30% is witheld. Apparently you can get it all (or most back) and can definitely get back 30% of your losses from it (so they are only taking 30% of total trip profit). But this still adds up and if the taxes are initially coming out of your share, the markup should definitely be decreased.