Quote:
Originally Posted by ArgentBeef
What are your thoughts about online ghosting?
Did you/elio got ever involved in final stages of any horse mtt?
What do you think about today biggest stables that force horses to let the coaches/owner finish the mtt?
How do you think ghosting affects the ecosystem of online poker and stables ROIs?
Why do you think major sites know everything about ghosting but dont care much about it in terms of preventing it in many way?
Thanks for doing this.
1. Its such a hard rule to enforce. it sucks for people who are "playing it straight" or whatever. I would be lying if elio and i didnt talk about just having elio sit around and play final tables all day, but we never did that. I know/have heard of stables doing that though. me and elio would have all the money if we did that i assume.
2. I never did. from what i know, elio didnt either. i assume elio was sweating some of the tables, but we never actively ghosted our guys on a wide scale. elio always said he would feel too bad if he made a play that busted a horse from a mtt (however weird that sounds). but yeah.
3. they are doing what they think is best for them. it sucks for the stables/players that play it "straight". i know a stable that had 4-8 horses, and 4 investors, and each time a horse made a final table one of the investors ghosted. like, they were on skype and the backers made every single decision.
4. if elio ghosted every horse in big spots our stable would have been a lot more successful and i would probably stll be more involved/we would have way more guys still.
5. its way to hard to police and prove for the sites to really care i think.
Quote:
Originally Posted by Padrinobta
1. You still receive players?
2. What is the player who star from micro and play more higher now, What he improve to for this?
3. How your stable take when pple is in MU and need to pay bills and lifes thing , how your stable handle this?
Thanks!
1. no.
2. i cant really remember anyone who made that jump from micro to high stakes.
3. we usually give people cashouts while in make up. its a loan and must be paid back either way though (if they dont clear MU or we drop them for whatever reason)
Quote:
Originally Posted by Casualworker
Hey long time.
This is an exceptionally crystal ball gazing question but how differently do you think your staking operation would have gone had April 2011 not happened..
I guess what i mean was do you think black Friday (apart from the somewhat irreparable loss of liquidity) changed the "plan" or "direction" that you intended to go with staking or do you think you still accomplished all of the markers that you intended to do.
J
Hey man, hope all is well.
Its really hard to say. so many things would have changed. in a way, BF was good cause i moved to mexico and didnt have **** to do so i just did staking stuff a lot of the time. in the states, i would have had more of a social life outside of staking. but, the games were so good that would have far outweighed any of the "extra time" i would have put it. if BF didnt happen, i would assume me and elio would have made a lot more from staking.
its really hard to say if BF changed stuff too much though.
Quote:
Originally Posted by Deoxyribo
how many people have scammed/stolen from you?
how complicated are all the tax issues with staking? do you just feed all the info to an accountant?
what are your thoughts on markup and shorting people?
do you always just back people for 100% or do you sometimes just buy one time pieces?
who got the best staking deal and what was it, or is it just always 50/50?
what was the biggest improvement you had ina horse? like did you back someone for mid stakes MTTs who turned into a complete crusher?
1. its tough to say. i assume there is a past horse reading this some where in mom's basement and they stole from elio and I, and we didnt catch them...but, gonna just throw out some guesses in terms of that. i am guessing i have staked around 600-700 dif players, while about 50 of them "stole" in some form or another.
2. the mere word of "taxes" makes my skin crawl. i am scared of the IRS so dont really want to get into any questions regarding this. but yeah, a tax professional is a good idea.
3. elio was buying pieces on his own for a while in the hi rollers. our staking operation generally just had 100% of our horses and didnt buy 1 off pieces of people. its a hard market and we didnt really have anymore need for action since we always had so many horses. i personally do some piece buying now, but its more of friends.
4. think we had one guy who was 60/40 for mtts. he played a ton of euro sites, played a pretty small avg buyin (maybe 40-50) and played an insane amount of volume. he also didnt start at that, but over the years got that from hard work and being a great horse all around.
5. i just looked over our list, and i cant really pinpoint anyone who turned into a complete crusher. i am probably missing someone (few guys), but yeah.