Quote:
Originally Posted by KINGDMER
For a re-entry event is it possible to solely sell your second bullet?
I want 100% of myself for the first entry. If i needed to re-enter i would like to sell the second bullet.
The tournament is £220 entry and £220 for re entries.
If I sold 100% of the second bullet would i have 50% of my total action?
Or am i just being a dumb dolt?
thanks - also had no idea where to post this. Hope youse can help.
The only way it would work is if its an event with multiple starting days and you sell a second/third starting day after you buy the 1st.
Otherwise, investors will likely not be interested. When I buy a share, I wanna know I am buying a share, not I am buying a share if X happens. And also if its a same-day reeentry, your second bullet will not have the same EV as you will be entering late and also possibly tilted after busting the 1st bullet.
Finally, you should be selling somewhere up to 70%. Investors do not like when you put nothing at stake yourself.