Ok thanks

My backer friend told me you can convert profit splits to markup by dividing 100 by the share.

So 80/20: 1.25 MU
75/25: 1.33 MU

And so on. Is this right? Also how does stakeback affect this equation? A lot of people on 2+2 MP are starting to offer profit shares + stakeback (even for SNGs) and I'm not sure what markup they're charging.

That is not right. There is no direct conversion as a split/stakeback situation depends on ITM and how many tournaments/variance is in the package.

If you aren't sure if the package has value then just pass on the offer.

Ok but no stakeback.

Does 80/20= 1.25 MU
75/25= 1.33 MU?

Or is that wrong. Thanks.

Discussion about implementing a rule that would make it mandatory to post relevant screen names http://forumserver.twoplustwo.com/55..****ace-1016007/

It would be nice to hear people's thoughts. I talked to a mod that's in favor, but for whatever reason it hasn't been done yet.

a friend is looking for a stake for the upcoming miniUBOC, ~ 19 mtts, he is a primarily cash game player, what would be a good split if I back his entire package? there wouldn't be any MU afterwards

prolly 85/15

hi, why can't I make a thread in the staking forum? I get this message:

edmis, you do not have permission to access this page. This could be due to one of several reasons:

1.Your user account may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
2.If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

well that could be due to one of several reasons

either you don't have the privileges or your account is disabled or awaiting activation.

Try reading the main sticky: ░▒▓██▓▒░***MARKETPLACE RULES & HOW TO START THREADS***░▒▓██▓▒░

got it. thanks

I'm not sure if this is appropriate or not, but I'm gonna get into staking soon and wanna know in your opinion what sites do you find more profitable for staking PTP OR 2+2?

I notice that ptp takes ridiculously high cuts but with mu option, while here there's markup. And it doesn't ever go higher then 1.3 which isn't too bad. I also have a hunch that there or more ballers who sell their action here on 2+2 whereas on ptp you'll find many players just starting out.

Obviously 2p2 or we would be posting on ptp, right?

What is marketplace approval and how do I get it?

I found the sticky. My apologies.

can somebody help explain markup to me or give me a link to help explain it ....

+1

Is there any changes to sell wsop action with my stats? And what would be realistic markup? Im planing to sell some 1k wsop events and many Venetian <550$ tourneys.

I dont have much live experience/success because started this year to play them.

Sheluded stats from stars/ftp
ftp 1,527 $6 $15 71% $9,195
stars 666 $14 $23 89% $9,477

My main game is 1table sng's and here is stats from ftp only because >90% of my games have played there
20,274 $2 $24 7% $30,938

I've got a similar question to Mordari, but because I'm Canadian ... I also have a noob question or two about taxes on staking.

I've done okay in the past at the WSOP and live $1k events around town with one exceptional cash in 2008 (http://pokerdb.thehendonmob.com/player.php?a=r&n=105558) but my online stats are nothing to write home about (I still play a lot lower than I should, both online cash/tourneys and live cash). I'm intending on selling a maximum of 50% of myself in $1-$2.5k buyins at the WSOP/Venetian (and the Main Event), spread across friends here in Edmonton and in the thread ... nothing outside of the range that I haven't already cashed in previously. I will retain at least 50% of myself. With no experience yet in the Marketplace, I don't feel like I *should* be entrusted with any markup at all, especially because of my tax situation!

(1) As a moderately successful tournament player, but first-time trader and a Canadian, should I bother asking for 1.15 markup, or is that laughable?

As a Canadian, the IRS will take 30% of any major victory, and I'll try to get as much of it back to pay my investors as I can (watching the IRS keep virtually all of the $95k in 2008 was unpleasant, but I was fully reimbursed in 2009 & 2010) ...

(2) Is there anything I can do to ensure that the taxes are only withheld on my part (Canadian/international investors) versus US shareholders? Or will they laugh at me filling out the US forms because I'm a non-resident alien ...

Thanks, in advance.

Mark

Prereserves on the marketplace:

Am I out of line for expecting my prereserve to be good when the horse says "booked" or "yes, I will reserve that % for you?"

My understanding is a preserve means a certain block of action that is presold to the staker, saving the horse time/worry from selling the action and saving the staker time from opening marketplace threads every day.

When I sell action, if someone reputable books a prereserve with me I assume they are good for it even if I have started playing. Is this nonstandard? The reason I ask is I missed a few threads in the past few days (that popped up and closed within 2-12 hours) and had my action cancelled, even when I sent funds for another package or had sent funds in the past before regularly.

Question might be opening a can of worms or already been asked, but I can't seem to find it. My question is mainly regarding WSOP packages.

What is the general consensus on re-selling someone's shares? With the current state of the marketplace, where solid players get bought out within 5 hours, is it allowed / frowned open / scummy to:

- buy a share of someone (say 10%) then resell that for more money after the package closes to, say, someone on the WL.

-buy a share (10% again) of someone with a 20 tourney package and resell that share after they horse ships a bracelet in the first tournament.

- having 10% of someone who goes deep in the ME and reselling your % of that person based on their equity. (similar to what MI_Turtle did last summer with the big difference being that its not your equity)

imo these are all wrong but the way i see it, its just a matter of time before something like this comes up and its best to have a ruling on all of this before it comes up.

/stupid question.

I can't see why you'd have to ask this. If someone started doing this I'd basically laugh at them and make sure I had nothing to do with them in the future. Also, as a seller, I'd decline any future bids from them. Have you heard of, or you really foresee this happening?

i mean, i dont really see anything wrong with re-selling shares at a bigger mark-up if the people want to pay it.

can you guys tell me how to get more info on backing deals? is there a diff site? Ive been playing the live circuit for about 1.5 years now and getting interested in these deals but dont know the standard deals made


for ex) the total markup = 1.22. how is this measured and what is it exactly? And how are taxes handled? If one backer bought me in to a $5k event and I min-cashed for $10k, what do I keep and he get in return? have too many q's to post so want to read more to get a better understanding, thanks

http://forumserver.twoplustwo.com/13...st-1-a-356185/

This is the only place you can post a link for what you want on this forum.