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February TLB Prop Bet February TLB Prop Bet

01-03-2011 , 05:58 PM
THE BET

I have to score 10,000 or more PokerStars TLB (Tournament Leaderboard)points for the month of February. Simple as that. Whether I finish 1st or not in the February TLB is of no consequence. A 10,000+ score has been reached only 4 times (once in 2010) since PokerStars has run a monthly leaderboard. This bet is independent of any Weekly TLB, Yearly TLB, or any head-to-head TLB races.


HOW THE MONTHY TLB WORKS

Your monthly TLB score is the sum of your 20 best tournament finishes based on the following formula: 10*[sqrt(n)/sqrt(k)]*[1+log(b+0.25)] where n = the number of entrants, k is the place of finish, and b = buy-in amount excluding the entrance fee.


ODDS
I will be laid 2.5-1 on up to $20,000 on my end ($50,000 total on yours). I feel this bet is worth 3-1 or better in the month of February, only having 28 days instead of 30-31, but I doubt that I could sell much action at a steeper price. For simplicity, I will be selling 1,000 $50 pieces, but if the number
of bettors gets too out of hands I'll have to bump the share price up. I'm not trying to have 500 different people to account for.


FUNDS
For now, I will just book reserves for those looking to bet. When we get closer to the end of the month we can arrange for a trusted third party to the hold the funds in escrow to be disbursed at the end of February. Reserving now is not in any way binding, we can make additions/cancellations throughout the month.


Site names:
PokerStars: setherson2
Full Tilt: setherson22
Pocket 5s: setherson2

If anyone has any other questions, we have plenty of time to answer them here before we need to start collecting funds. Feel free to post or message me.
February TLB Prop Bet Quote
01-16-2011 , 11:45 PM
Book me 500 to your 200. PM or post in here to confirm.
February TLB Prop Bet Quote
01-16-2011 , 11:55 PM
Reserve my 500 to your 200.

Also, you might want to post this in BBV. You will probably get much more action there.
February TLB Prop Bet Quote
01-16-2011 , 11:55 PM
ill bet 2k, pm me please
February TLB Prop Bet Quote
01-17-2011 , 12:09 AM
Good luck on this, seems like quite a feat.
February TLB Prop Bet Quote
01-17-2011 , 05:58 AM
I'll take 50$
February TLB Prop Bet Quote
01-17-2011 , 08:47 AM
reserve 2k, pm me when escrow is set up. Also, you should post this in bbv and mttc if you want your action filled up.
February TLB Prop Bet Quote
01-17-2011 , 06:05 PM
Jackson, Cabrera, Wretch, Pour, Trim, all booked.
February TLB Prop Bet Quote
01-17-2011 , 07:30 PM
2k

edit: 2000 to ur 800
February TLB Prop Bet Quote
01-17-2011 , 07:56 PM
Edit: Reserve $6000 to win $2400.

Last edited by Billy Bibbit; 01-17-2011 at 08:13 PM.
February TLB Prop Bet Quote
01-17-2011 , 08:03 PM
Ok reserve me 15k to win 6k

Last edited by TT_fold; 01-17-2011 at 08:12 PM. Reason: Want more action
February TLB Prop Bet Quote
01-17-2011 , 08:15 PM
I assume you are allowed to make deals, but not allowed to mention TLB points in chat? I am pretty sure PokerStars' TOS prohibits dealing for TLB points.
February TLB Prop Bet Quote
01-17-2011 , 08:26 PM
The first sentence of the OP better not be an angle attempt. We are only counting your top 20 scores right?

Last edited by CabreraEra2; 01-17-2011 at 08:27 PM. Reason: attempt
February TLB Prop Bet Quote
01-17-2011 , 08:52 PM
Quote:
Originally Posted by TT_fold
I assume you are allowed to make deals, but not allowed to mention TLB points in chat? I am pretty sure PokerStars' TOS prohibits dealing for TLB points.
Correct, I will not be allowed to say "I'll give you an extra $1k if I get to win" or anything like that. However, I will be allowed to make deals.
February TLB Prop Bet Quote
01-17-2011 , 08:53 PM
Quote:
Originally Posted by CabreraEra2
The first sentence of the OP better not be an angle attempt. We are only counting your top 20 scores right?
Yes, that is how the monthly TLB works. It takes your 20 best scoring tournament finishes, according the the formula, and adds those together for your monthly score.
February TLB Prop Bet Quote
01-17-2011 , 09:51 PM
Quote:
Originally Posted by TT_fold
Ok reserve me 15k to win 6k
Just want to confirm. In the other forum you said you'd probably only want 1-5 shares. You are reserving $15,000 (300 shares), correct?
February TLB Prop Bet Quote
01-17-2011 , 09:52 PM
Quote:
Originally Posted by KingKovacs
Good luck on this, seems like quite a feat.
tyty
February TLB Prop Bet Quote
01-17-2011 , 09:54 PM
Quote:
Originally Posted by CabreraEra2
The first sentence of the OP better not be an angle attempt. We are only counting your top 20 scores right?
http://www.pokerstars.com/poker/tour.../leader-board/
February TLB Prop Bet Quote
01-17-2011 , 10:07 PM
ty
February TLB Prop Bet Quote
01-18-2011 , 12:02 AM
reserve 10k, provided theres a safeguard against more than 1 person playing on your acct and a no dealing for tlb rule
February TLB Prop Bet Quote
01-18-2011 , 12:21 AM
reserve 2500 to your 1k
February TLB Prop Bet Quote
01-18-2011 , 01:11 AM
Quote:
Originally Posted by brainwash
reserve 10k, provided theres a safeguard against more than 1 person playing on your acct and a no dealing for tlb rule
I've been trying to think of a way to prove it's only me playing, maybe have a live webcam? Suggestions welcome.
February TLB Prop Bet Quote
01-18-2011 , 01:14 AM
Looks like you got all the action you want between the three threads. I think it would be best to just consolidate it to one thread. I vote this one cuz it's the longest!
February TLB Prop Bet Quote
01-18-2011 , 01:19 AM
Quote:
Originally Posted by CabreraEra2
Looks like you got all the action you want between the three threads. I think it would be best to just consolidate it to one thread. I vote this one cuz it's the longest!
I linked the other threads here and told them to post here but doubt anyone listens.
February TLB Prop Bet Quote
01-18-2011 , 01:22 AM
SOLD OUT, stay tuned for cancellations and other info.
February TLB Prop Bet Quote

      
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