Hi, i'm a PartTimePoker player that have a good reputation there and around $3.5k invested.
My stats:
I'm thinking about starting to sell on 2+2 some Saturday or Sunday MTT (maybe with some SNG's included to reduce variance) Action. The buy-in's would be a mix from $3 and $75 ($109).
Example of a schedule:
07:00 - $11 10k
07:00 - $26 10.5k
07:20 - $33 8k
07:35 - $2+R 12k
08:00 - $11 7.5k
08:00 - $11+R 32k
08:40 - $2.2+R 3k
09:00 - $26 16k
09:00 - $5.5 12k
09:00 - $109 20k
09:20 - $33 10k
10:00 - $8.8+R 40k
10:00 - $26 16.5k
10:30 - $11+R 19k
10:20 - $27.5 5k
10:40 - $8.8 4k
11:00 - $75 17.5k
11:15 - $44 8k
11:30 - $11 1R1A 10k
12:00 - $109 23.5k
12:00 - $22 20k
12:00 - $26 19.5k
12:30 - $11+R 30k
The thing is. I'm not familiar with markup. I was looking for some help trying to find fair numbers to me and to investors.
For example, i wanna run a similar schedule as i described above, total buy-in's would be around $800.
Considering that i don't pretend to invest anything. Is 25% markup selling 80% of the action fair (if i understood correctly markup i would receive the full $800)?
What about if i wanted to invest myself 50%, should i ask 25% markup and sell only 40% (and if i'm not mistaken i would receive $400)?