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MicroMillions 2 Package - No Markup! MicroMillions 2 Package - No Markup!

06-18-2012 , 03:13 PM
Hi all,

I'm new to the Marketplace (although not new to 2p2), so let me introduce myself. I'm a 27 year old IT professional who has been playing poker on and off for about 9 years. I picked up the game around the Moneymaker boom and in that time have been exposed to almost every kind of poker imaginable - cash and tournaments, live and online, micros through to WSOP events, Holdem/Omaha/Stud/Mixed Games/Lowball games, FL/PL/NL, you name it!

I am currently grinding MTTSNGs on Stars with a limited roll, as well as throwing in the odd larger field at the weekends when my job allows me to. I can offer the following as a summary of my last ~140 tournaments, although I realise this is not a particularly statistically significant sample:


You will find me on Sharkscope (and OPR in a day or two when my opt-in goes through) - my username on Stars is 3N1GM4.

I am very interested in playing a decent amount of Micro Millions II events, but obviously my BR cannot currently sustain this, so I am looking for backers to buy some pieces of my action.

I will be selling these pieces at no markup - so if you buy 10%, you'll get 10% of all winnings. I'm not currently planning to offer stakeback as well.

So firstly, here is the schedule:

It should be relatively self explanatory, but the events marked with a cross in column A (and marked in bold across the row) are those I plan to play and which form part of the stake. The total maximum possible buyin for each event is listed in column J and is based on using up to 8 rebuys in unlimited rebuy events and the maximum allowance in all other rebuy events - any unused rebuys/addons will be refunded pro-rata to stakers after the series is over.

Totals are shown at the bottom and so you will see that the total package value is $240.96 and therefore each 1% share will cost $2.41. As mentioned above, there is no markup on this stake, so if you buy 10%, you will get 10% of all prizes, along with unused rebuys, addons, bounties and so forth.

There is a second sheet to the spreadsheet linked above which contains a current list of stakers for reference - I will update this as frequently as possible. As you will see from this list, I have taken 40% for myself and wish to sell the other 60%. 15% has gone already though, so there is a remaining 45% (or $108.43) available to buy at this point.

I really do think that this BAP represents good value, despite my lack of recent proven track record, I know that I can deliver a return on any investment and so I would invite any questions which you might have - I will do my best to answer them fully and promptly.
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06-18-2012 , 03:29 PM
res 5. PM me closer to event
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06-18-2012 , 04:00 PM
Quote:
Originally Posted by StuckinARutt
res 5. PM me closer to event
Booked, spreadsheet updated, 40% left.
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06-18-2012 , 04:19 PM
res the rest
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06-18-2012 , 04:25 PM
can u book me 10% PM me closer to event mate
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06-18-2012 , 04:29 PM
Quote:
Originally Posted by power_up45
res the rest
Reserved and spreadsheet updated accordingly.

Summary of amounts for this thread:

StuckinARutt - 5% - $12.05
power_up45 - 40% - $96.38

__jAbbAXX, looks like you were just too late - perhaps power_up45 would be willing to let some of his 40% go?

If not and you desperately want a piece, I may be able to let perhaps 5% of my 40% go if you really want.
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06-18-2012 , 04:46 PM
sure mate if u can give me 5% it would be cool...but PM me closer to event when u wnt the cash and tyty....and good luck
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06-18-2012 , 04:54 PM
Quote:
Originally Posted by __jAbbAXX
sure mate if u can give me 5% it would be cool...but PM me closer to event when u wnt the cash and tyty....and good luck
Thanks, I will sort something out for you and let you know closer to the time.
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06-18-2012 , 04:57 PM
give 5% of mine to Jabbaxx and book me for 35%.
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06-18-2012 , 05:04 PM
rest

how much is it?

Last edited by mo3rtelmu; 06-18-2012 at 05:06 PM. Reason: meh fml , wl all
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06-18-2012 , 05:08 PM
Quote:
Originally Posted by power_up45
give 5% of mine to Jabbaxx and book me for 35%.
Solid, I will also give 5% so there's a full 10% for you Jabbaxx, spreadsheet updated to reflect this.


3N1GM4 35% $84.34
StuckinARutt 5% $12.05
power_up45 35% $84.34
__jAbbAXX 10% $24.10

Will message all about a week before the series starts to sort out payment. If anyone wants to ship earlier, my sn is 3N1GM4 on Stars, location Taunton.

Many thanks, and gl to us all!
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06-18-2012 , 05:10 PM
Quote:
Originally Posted by mo3rtelmu
rest

how much is it?
I think you realised from your edit that it's all gone now I'm afraid.

If I'd known there would be such demand, I would have added a couple more events, but it's tricky to do that now with people already invested based on a given price per %... Don't know how this would usually get handled - I don't really want to give up any more of my own equity, I could perhaps spare another 5% tops if you are desperate for a piece?
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06-18-2012 , 05:22 PM
There are a few events (some of the 2r and 3r events) which I could add to the package, but I would then have to figure how to handle people who have already reserved. I could simply put them in for the % amount which is closest to their original investment amount*, take any additional stakers who wish to get in, then offer out the rest that's left to anyone who wants it, but I don't know if this is good form or not - how would those of you who have already reserved feel about this?


*For example, someone has reserved 10% for $24.10, but I add some events so that the total package value is now $300. $24.10 is just over 8% of $300, so I would re-reserve that person's piece at 8% of $300 ($24) instead.
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06-18-2012 , 05:25 PM
tyty very nice off u power_up45 to give me 5% off urs and ty 3N1GM4 for selling me a piece off ur cut u guys are the best
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06-18-2012 , 05:31 PM
I'm sure everyone would be okay with you adding to your package (as long as they're not buyins or events that take away value by you having little-to-no experience with). Don't worry about nice numbers, at the end of the day, I, for example, will still have ($12.05/total) %. Do you see?
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06-18-2012 , 05:57 PM
Quote:
Originally Posted by StuckinARutt
I'm sure everyone would be okay with you adding to your package (as long as they're not buyins or events that take away value by you having little-to-no experience with). Don't worry about nice numbers, at the end of the day, I, for example, will still have ($12.05/total) %. Do you see?
Thanks Stuck, appreciate that - power_up45 and __jAbbAXX, would you feel the same way?
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06-18-2012 , 06:10 PM
It sounds ok by me
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06-18-2012 , 06:11 PM
Quote:
Originally Posted by mo3rtelmu
rest

how much is it?
Mate, I have found 5% for you from someone else and 5% of my own share, so have reserved that 10% for you.

Would still be interested in adding events if those who are reserved in could let me know their thoughts on this.
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06-18-2012 , 06:13 PM
Quote:
Originally Posted by __jAbbAXX
It sounds ok by me
Excellent, just need confirmation from power_up45 and mo3rtelmu then and I will expand the schedule and update the shares accordingly before putting the newly created shares on offer.
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06-18-2012 , 07:04 PM
add whatever u want and i buy whatever u wanna sell

just lmk how much it is
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06-18-2012 , 11:51 PM
yh add whatever you like and i'll take a look.
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06-19-2012 , 03:14 AM
Ok, so I have amended the schedule on the spreadsheet so the total package value is now $319.14.

I have then reduced each person's stake to the nearest whole percentage which results in a $ amount staked which is less than their original amount, as per the below:

Name.................%.....Amount......Original Amount

StuckinARutt.......3%....$9.57........$12.05
power_up45........26%..$82.98.......$84.34
__jAbbAXX..........7%...$22.34.......$24.10
mo3rtelmu...........7%...$22.34.......$24.10

This means that there is now an additional 20% (@ $3.19 per 1%) which is available.

As there are multiple people (including some of those listed above) who are interested, the only fair way I can see to distribute this remaining equity is to allow a certain period of time for people to register their interest and then divide the equity between those who have registered an interest.

Therefore, I will be leaving a window from now until 19:00 WET (14:00 ET) on Thursday 21st June for anyone who wishes to buy a piece to post to confirm this in the thread. After this time, I will divide the equity amongst those who have posted and any remaining shares will go up for general sale.

I hope that is ok with everyone, if there are any questions, just let me know.
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06-19-2012 , 06:39 AM
i'll take the max available.
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06-19-2012 , 09:13 AM
confused with the math. If I had $12.05 invested in the first place, shouldn't my new percentage be $12.05/$319.14 = 3.77%?
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06-19-2012 , 11:02 AM
so i can have 7% for 22.34$?

if thats the case i want u to confirm, and ill send...
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