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Old 09-21-2008, 10:53 AM   #1
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News--Poker Hedge Fund To Back Internet Players

http://www.ft.com/cms/s/0/c749205e-8...nclick_check=1

"Manro Haydan, a London proprietary trading business, is betting it can make money from online poker by putting up the stakes for an army of more than 150 freelance "traders" to gamble over the internet.

The privately owned company, which invests for its own account, believes that by applying the sophisticated risk management techniques used in money management to poker it can shift the odds in its favour."

One major difference, though, is that poker players typically prefer to fund their own hands rather than give up a share of winnings to a backer, limiting the scope of the Manro operation.

"There aren't enough players that would accept our terms because 99 per cent of them want to fund it themselves," he said. "It is a quite different mindset."

Any takers?
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Old 09-21-2008, 11:04 AM   #2
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Re: News--Poker Hedge Fund To Back Internet Players

If they keep Brandon Adams out of the door, they should be ok.
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Old 09-21-2008, 11:07 AM   #3
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Re: News--Poker Hedge Fund To Back Internet Players

this wont work for reasons stated in op
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Old 09-21-2008, 11:57 AM   #4
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Re: News--Poker Hedge Fund To Back Internet Players

Quote:
Originally Posted by sprfcta View Post
by applying the sophisticated risk management techniques used in money management
Quite the sales pitch given the current state of affairs.
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Old 09-21-2008, 12:06 PM   #5
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Re: News--Poker Hedge Fund To Back Internet Players

Why not just get one guy and set up 150 different accounts.
Sorry but if your not playing your own bankroll your results change
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Old 09-21-2008, 12:07 PM   #6
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Re: News--Poker Hedge Fund To Back Internet Players

This is not news.

www.Badbeat.com has been around along time.
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Old 09-21-2008, 12:12 PM   #7
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Re: News--Poker Hedge Fund To Back Internet Players

i dont see how this wouldn't work, there must be soooo many midstakes players who have busted or something that would take this offer up

edit: oh yeah i forgot about badbeat.com, read about them like a year ago in a magazine or something
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Old 09-21-2008, 12:24 PM   #8
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Re: News--Poker Hedge Fund To Back Internet Players

i never really understand people who get stakes for cash games.

If you are going to get 50% staked for 200nl why not just play 100nl with your own money etc.

unless you're totally busto and need a stake for like a month to get back on your feet.
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Old 09-21-2008, 12:39 PM   #9
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Re: News--Poker Hedge Fund To Back Internet Players

It could work very well actually. I myself staked a few ppl for MSNL.

There are always good players who beat the 2/4 or w/e games easily but are:

1) Running bad for extended periods of time
2) Are scared to play that high even when rolled
3) Are busto due to some degeneracy in other forms of gambling (sports betting etc) but are very disciplinned in poker.

I myself, beind somewhat degen, but quite good at grinding, been staked by numerous ppl a 4 times and made them a whole bunch of money.
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Old 09-21-2008, 12:41 PM   #10
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Re: News--Poker Hedge Fund To Back Internet Players

well, considering there's this one f-tard over on FTP forum trying to tout AIG,
Manro isn't TOTALLY insane
I imagine there's ethics issues with Manro doing like Neverbeg-type steaking
thru the interwebz.
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Old 09-21-2008, 12:55 PM   #11
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Re: News--Poker Hedge Fund To Back Internet Players

Quote:
Originally Posted by Acombfosho View Post
This is not news.
Thanks for pointing that out. I didn't make that association. Is Badbeat and Manro one and the same?
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Old 09-21-2008, 01:26 PM   #12
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Re: News--Poker Hedge Fund To Back Internet Players

Quote:
Originally Posted by Jamsym View Post
i never really understand people who get stakes for cash games.
If you are going to get 50% staked for 200nl why not just play 100nl with your own money etc.
unless you're totally busto and need a stake for like a month to get back on your feet.
this
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Old 09-21-2008, 01:37 PM   #13
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Re: News--Poker Hedge Fund To Back Internet Players

Quote:
Originally Posted by Jamsym View Post
i never really understand people who get stakes for cash games.

If you are going to get 50% staked for 200nl why not just play 100nl with your own money etc.

unless you're totally busto and need a stake for like a month to get back on your feet.
Some people might not be able to handle the bigger swings on their own, so they take up a short-term stake to get themselves adjusted to the games.
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Old 09-21-2008, 02:43 PM   #14
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Re: News--Poker Hedge Fund To Back Internet Players

wonder what percentage the players would get paid.
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Old 09-21-2008, 02:49 PM   #15
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Re: News--Poker Hedge Fund To Back Internet Players

Quote:
Originally Posted by clarkatroid View Post
this wont work for reasons stated in op
you dont think they could find some real good 25/50 regs who dont have the roll to play with guy and other nosebleed fish who would be willing to have a shot at a big game they have an edge in with minimized risk?
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