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fakelogic - Vegas Summer 2015 Action fakelogic - Vegas Summer 2015 Action

04-08-2015 , 01:23 AM
Hey MP,

Most of you know me as a regular buyer on here, but I’ve decided to sell for the first time since I’m planning on doing a full Vegas grind this summer.

About Me:

I’ve been a professional poker player for the past 10 years minus two short hiatuses sprinkled in—one to work in independent film and the other to try a startup. Definitely very needed creativity breaks. Anyway, besides that, the large majority of my past decade has been making a living as a higher mid stakes to lower high stakes LHE live cash game pro. I’ve logged thousands of hours at each stake from 15/30 on up (majority spent between 30/60 to 80/160) and have detailed records showing I’m profitable at every level. Though admittedly I’m a small loser in my ~100 hours at 100/200+.

Why MTTs now? I just had a kid this past summer and MTTs seemed to fit the early life schedule of a baby. So I did some solid studying and began playing a few when I could get out. And I guess you could say I caught the bug a bit. Though all told, I’ve played <50 live MTTs in my career (a couple local ones and a couple WSOP LHE events per year). I’m happy to share my Hendon Mob via PM.

So Why Should You Invest?

In addition to being completely at home in the live poker setting, I feel like my MTT study has paid off with a few deep runs in a very limited schedule since last summer (twice finished top 24 of ~500 entries in $1500+ buy-ins). And I just got 7th for $6K in the Bovada’s Sunday $200K GTD (during one of their big series too). I'll even be going to Canada in May to get back on Stars and grind the SCOOPs for extra prep.

Also, the package itself includes high-value tournaments at low markup (not even marking up rake!), including the WSOP Monster Stack and the WSOP $3K LHE 6-Max which right in my comfort zone. In fact, I bubbled the final table of a WSOP LHE bracelet event a few years back (albeit, full ring).

Finally, as a regular buyer on here, I’ve done hundreds of thousands of dollars in transactions with absolutely zero issues on my end, so your investment and time will be treated with the respect it deserves. I’m always prompt in my communication and payments.

The Package (Google Spreadsheet)

Total Buyins: $12,500.00
Markup: 1.1040
Total: $13,800.00

Looking to sell 30% max. 5% minimum. Will be playing no matter what.

5% $690.00
10% $1,380.00
15% $2,070.00
20% $2,760.00
25% $3,350.00 (**Discounted to 1.072 MU for Big Investor**)
30% $4,000.00 (**Discounted to 1.067 MU for Single Investor**)

Payment Options: WF, CQP, PP, BoA, Venmo (preferred in that order). Can do cash in Vegas for bigger, reputable investors.

Updates: I will be providing updates on Twitter. Text message updates may be available upon request.

Fine Print

—This package is for the tournaments listed in the spreadsheet above and only those tournaments.

—All payments must be received in full at least 72 hours before the first day of the first tournament of this package or your action will automatically be un-booked (unless I confirm alternate arrangements with you in this thread).

—I reserve the right to skip any tournament in the package or cancel the entire package at any time, for any reason, prior to the start of the first tournament and you will be refunded for those events in full (including markup). I also may be playing other smaller events on my own that may require me to skip part of the schedule and again you will be refunded for those events in full (including markup).

—All winnings will be subject to taxes but I will not withhold for taxes in the event of big score(s) as long as investors provide name, address, SS #. (All of this information can be provided with a simple W-9 form.) Otherwise I will withhold 30% to meet my tax obligations.

(If you are not a U.S. citizen with a valid social security number/tax-id number you are still subject to taxes. Depending on your country of citizenship taxes are handled differently. It is your responsibility to be aware of your own country’s tax situation and I urge you to speak to a tax professional before purchasing action.)

—This package is for a percent of only what comes out of the tournament prizepool, and does not include any endorsements/sponsorship deals or any other money outside of what is in the tournament prizepool.

—Action will be booked based on first come first serve basis, based on the timestamp of the post (including other social media).

Last edited by fakelogic; 04-08-2015 at 01:51 AM.
fakelogic - Vegas Summer 2015 Action Quote
04-08-2015 , 01:31 AM
res 10
fakelogic - Vegas Summer 2015 Action Quote
04-08-2015 , 02:13 AM
On second thought, I'll lower the minimum to 2.5% for $345. Prefer to deal with less investors, but obviously understand this is my first time selling too, so don't want to deter too much.
fakelogic - Vegas Summer 2015 Action Quote
04-08-2015 , 02:36 AM
2.5% PP
fakelogic - Vegas Summer 2015 Action Quote
04-08-2015 , 03:01 AM
5% PP
fakelogic - Vegas Summer 2015 Action Quote
04-08-2015 , 05:03 AM
Res 5%
fakelogic - Vegas Summer 2015 Action Quote
04-08-2015 , 07:52 AM
3% cqp
fakelogic - Vegas Summer 2015 Action Quote
04-08-2015 , 08:24 AM
2.5
fakelogic - Vegas Summer 2015 Action Quote
04-08-2015 , 09:54 AM
Res 5% or whatever is left. Please PM hendon mob info. TYTY GL US(**** Luck)!
fakelogic - Vegas Summer 2015 Action Quote
04-08-2015 , 09:56 AM
5
fakelogic - Vegas Summer 2015 Action Quote
04-08-2015 , 11:37 AM
Thanks everyone!

Reserves Sold Out

10% giovanni44
5% Bobble_Wobble
5% Cerebral
3% GrimeRat420
2.5% hangdealer
2.5% jasbral
2% LivingOffZSun

Waitlist

3% LivingOffZSun
5% the_snail03

I'll take up to 7% more on the waitlist just in case any investor changes their mind in the next couple months or so.
fakelogic - Vegas Summer 2015 Action Quote
04-08-2015 , 02:10 PM
3% WL please
fakelogic - Vegas Summer 2015 Action Quote
04-08-2015 , 05:54 PM
will take rest of wl, glgl
fakelogic - Vegas Summer 2015 Action Quote
04-08-2015 , 06:10 PM
good work, good luck !
fakelogic - Vegas Summer 2015 Action Quote
04-11-2015 , 11:57 AM
Going to repost schedule here and share spreadsheet with final investors:

6/7 WSOP #19 LHE 6-Max - $3,000.00
6/8 WSOP #20 NLHE - $1,500.00
6/9 Venetian Deepstack $1M GTD 1B - $1,600.00
6/10 Venetian Deepstack $1M GTD 1C - $1,600.00
6/13 WSOP Monster Stack 1B - $1,500.00
6/15 Venetian Deepstack $1M GTD 1A - $1,100.00
6/16 Venetian Deepstack $1M GTD 1B - $1,100.00
6/17 Venetian Deepstack $1M GTD 1C - $1,100.00

Total Buyins: $12,500.00
Avg Markup: 1.1040
Total: $13,800.00

2.5% $345.00
5% $690.00
10% $1,380.00

Reserves Sold Out

10% giovanni44
5% Bobble_Wobble
5% Cerebral
3% GrimeRat420
2.5% hangdealer
2.5% jasbral
2% LivingOffZSun

Waitlist

3% LivingOffZSun
5% the_snail03
7% jdawg91
fakelogic - Vegas Summer 2015 Action Quote
04-11-2015 , 01:00 PM
just in case, WL me 2.5%

PM me if it opens up
fakelogic - Vegas Summer 2015 Action Quote
04-11-2015 , 01:28 PM
I'm willing to part with a few points if any of the waitlister's still want a sweat.
fakelogic - Vegas Summer 2015 Action Quote
04-11-2015 , 01:35 PM
Quote:
Originally Posted by Cerebral
I'm willing to part with a few points if any of the waitlister's still want a sweat.
So LivingOffZSun has up to 3% WL and Snail has 5% after that, so of course you guys can work that out however you would like as long as it's minimum 2.5% and posted ITT. Thanks again everyone!
fakelogic - Vegas Summer 2015 Action Quote
04-13-2015 , 12:45 AM
WL up to 5% if something doesn't work out........PP
fakelogic - Vegas Summer 2015 Action Quote
04-18-2015 , 08:59 AM
2.5% open to whomever would like it.
fakelogic - Vegas Summer 2015 Action Quote
04-18-2015 , 12:30 PM
Quote:
Originally Posted by Cerebral
2.5% open to whomever would like it.
So yeah LivingOffZSun has first dibs at it, if he doesn't want it, the_snail03 has the option, followed by Nima620 (and so on).
fakelogic - Vegas Summer 2015 Action Quote
04-19-2015 , 11:45 PM
I won't be regularly checking this thread since I'm way down on the WL......if anything opens up please PM me.......thanks and good luck!
fakelogic - Vegas Summer 2015 Action Quote
05-08-2015 , 11:52 AM
It's about a month out from the first tournament, so thought I'd just PM payment info to all the reserves to transfer at their earliest convenience. All funds must be received by May 25th to be considered booked (unless we make other arrangements).

Here's where we stand:

Prices:
2.5% $345.00
5% $690.00
10% $1,380.00

Reserves Sold Out

10% giovanni44
5% Bobble_Wobble
3% GrimeRat420
2.5% Cerebral
2.5% hangdealer
2.5% jasbral
2% LivingOffZSun (option to take 2.5% more)

Waitlist

3% LivingOffZSun (option to take 2.5% more)
5% the_snail03 (will get 2.5% if LivingOffZSun doesn't take it)
3% Nima620
4% jdawg91

I don't know how I missed Nima on the original WL, but Jdawg91 requested rest of WL after that, so he will get priority if more than 15% drop out of the main reserves. Here are the others just in case things open up:

2.5% Mattraq1
5% monkeyfart

Please let me know if you have any questions or concerns at all! Thanks.
fakelogic - Vegas Summer 2015 Action Quote
05-08-2015 , 12:53 PM
So I know some of you are trying to access the spreadsheet, but decide to just share that with final investors. If you want another look at the schedule and MU breakdown here it is:

6/7 WSOP #19 LHE 6-Max - $3,000.00 @ 1.2
6/8 WSOP #20 NLHE - $1,500.00 @ 1.0667
6/9 Venetian Deepstack $1M GTD 1B - $1,600.00 @ 1.06
6/10 Venetian Deepstack $1M GTD 1C - $1,600.00 @ 1.06
6/13 WSOP Monster Stack 1B - $1,500.00 @ 1.12
6/15 Venetian Deepstack $1M GTD 1A - $1,100.00 @ 1.07
6/16 Venetian Deepstack $1M GTD 1B - $1,100.00 @ 1.07
6/17 Venetian Deepstack $1M GTD 1C - $1,100.00 @ 1.07
fakelogic - Vegas Summer 2015 Action Quote
05-09-2015 , 01:57 PM
Received from giovanni44

Prices:
2.5% $345.00
5% $690.00
10% $1,380.00

Reserves Sold Out

10% giovanni44 - PAID
5% Bobble_Wobble
3% GrimeRat420
2.5% Cerebral
2.5% hangdealer
2.5% jasbral
2% LivingOffZSun (option to take 2.5% more)

Waitlist

3% LivingOffZSun (option to take 2.5% more)
5% the_snail03 (will get 2.5% if LivingOffZSun doesn't take it)
3% Nima620
4% jdawg91
2.5% Mattraq1
5% monkeyfart
fakelogic - Vegas Summer 2015 Action Quote

      
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