Quote:
Originally Posted by bergeroo
I would disagree and say the marketplace as it exists already pre Bank of Timex is EXACTLY the way a free market capitalist system works. People post up their resumes and graphs and their price and either it sells or it doesn't. If it doesn't sell then people can drop their price, if it sells too quickly people might think to raise their price when the sell next time. People can do offers and incentives and so on to entice people to buy and if someones marketplace offer stinks then nobody will buy it anyway.
Poster in question has made over 250 threads this year (all that shows up when I search for some reason, but that only goes back to March), lets say half of them are selling action and avg amount sold is 1500 at 1.15 (overall conservative estimates I feel like) he has made 33750 off Mark-up on 2+2 this year alone.
Also the player often sells to tournaments with very capped ROIs (satellites, turbos, HS tournaments with less than 100 players in other formats, PLO etc). Now add to that the the player doesn't have very good stats (at least compared to the mark-ups), that no real discussion of mark-up is allowed in MP (mods repeatedly saying things like "this is not the place to discuss this, specific threads not being allowed etc"), graph manipulation (pretty much always filtering in a way that looks favorable, even if it doesn't represent what he is most accurately selling for).
If Timex isn't allowed to put up a package like this then is there anywhere public we are even allowed to discuss this, because its clearly not in the marketplace. AFAIK the guy has been selling packages for well over a year, so unless I am missing some screen names or a huge live bink he has made more money off markup (I guess one could counter with untrackable cash games) than he has off playing, how is that ever okay?
I dont want to make the discussion about the specific poster obviously, but I think it does a good job of showing why the way 2+2 marketplace is run now is not in buyers best interest. Dont worry, if people aren't able to sell for the WSOP Main because he sold 10% at a very slightly lower mark-up then there probably wasn't much hope to begin with (fwiw I think both of them are probably +ev investments!). If it is something where people are usually more on the fence about buying like High Rollers, 111k One Drop or something and Mike is just bluffing to try and kill their action and make the fields better for himself, then yeah that would be slightly annoying
Last edited by mement_mori; 06-10-2013 at 02:36 PM.