Hey all,

Just about to head on vacation, happy holidays!

Ive been thinking a lot about how to proceed and I think for now ill stop selling packages. However, the arguments against me are misinformed and I'd like to address them.

Your not showing the most relevant graph
The standard in the marketplace is showing unfiltered graphs. I do the same. I don't agree the my +54 stats are more relevant then my whole time playing tournaments so really its just a matter of opinion in what matters in investing. Again I play 5 days a week cards up so people can be more informed then ever in deciding whether to invest or not.

You don't have enough of your own action!
This doesn't make any sense. Regardless of how much of my own action I have, winning the tournament is going to net me more money then not winning it. Having smaller risk changing my play in any way is a silly idea to me. The reward is still the same.

You don't know shoving ranges
This is from when someone asked me what I thought I needed to work on the most. I said "memorizing shoving, calling shoves, reshoving, and calling reshoves." Its not because I'm not good at them, It's because the amount of situations you have to memorize and then extrapolate to other situations with slightly different numbers is massive. Hyper players review tons of hands every day on this and are experts in the genre. Thats what I mean.

Do you think you really think your +EV in your packages?
Yes! I think I do some things that aren't standard that give me an edge (thats fun player value aside.) I can't be objective about this though. Thats why I put up a price and the market decides if thy want it or not. That is if profit is there motive at all which it isn't for some. I'm not sure why buying a lotto ticket or going to a horse race isn't a scam, but people wanting to buy for fun is. This is hypothetical though. Every package I have sold this year I believe to be +EV

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At the end of the day, people have a philosophical difference in how they view this forum. Some think that if they personally don't find the markup fair, its a scam or a ****ty thing for the OP to do. Some people treat it like a marketplace where is supply and demand. In between there is everyone else. I fall on the supply and demand side. That said, its not worth it to have my name dragged through the mud every time I try and sell some action. Here is my new plan going forward.

I will auction of 14, 5% pieces of the sunday million every week where the pieces go to the highest bidders. I won't be posting any other action but will be open to private investors if they want to put me in something. I will label the thread as "entertainment only" and not have a part in choosing the price. Ill start the price at even and will take the top 14 pieces. This way there is nothing to complain about because I'm not marketing this as an investment or opportunity, and my viewers still have a chance to get in on the action. Those of you that invest will be able to decide if it could be profitable for you or not, but thats not the point anymore.

I'm going on holidays but I'll try and read any responses that come through.

Jaime

Magnus got blasted in this thread: http://forumserver.twoplustwo.com/16...-mtts-1447435/

He also only sold 50% and at a 1.13 MU. I also think that he's a better player than jaimestaples.

I would never ever ever invest in jaimestaples, especially after the fact that he's effectively freerolled high stakes in the name of entertainment, but I think he could beat the 1-26s and maybe even 1-55s if he puts in the work in his game. I think people have a right to invest as an entertainment source as its much more fun watching the action you have, but i would not buy pieces as I think theres a large disconnect between where he thinks he is in ability and what his results show. However i dont feel its my spot to point this out/cock block his attempt at making a career

I'm only commenting because i saw you say no one calls out giffordonian which is blatantly untrue.

yes you are correct. you shouldn't waste your energy, everything goes over my head, for instance why would you want to send someone 2k to take pieces of various upcoming packages that weren't even created? or do you forget asking jaime about being a reserved shareholder in upcoming packages on his stream? id never send a "hustler" 2k upfront for future investments. id never send 2k upfront for future investments to someone that had a high MU already and could potentially increase at will if i thought they were already doing "shady" things. id never send it upfront to someone that i already knew couldnt beat the games he was selling for. will someone as adapt as you on the poker tables, with someone as savvy as you in the investment arena, my question is why, why, why? you are correct about my analogy it is flawed, thats the whole point, because alot of people think that parts of the issue is flawed. however i do agree with some points.

anyway i don't wish to comment about this subject.

good luck jaime sir and you too rage....

This post pretty much nails it.

It does seem a bit shady when he is only selling for high stakes games at 1.18 when his results look like this.

http://gyazo.com/ddb40621a124da92809511d202639c23

I agree its only a small sample but regardless still shouldn't be selling for games he has no track record of beating.

Do like the streaming idea tho so kudos for that.

Honestly the market place is a joke now. The vast majority of the sellers are selling for 52 hypers 109 turbos etc and keeping the big 55 and big 109 for themselves. The reason for this they need to sell at markup for tougher games to make them worth playing where as the big 55 is obv juicy and far too good value to share with investors.

It doesn't matter if it's an all hyper package or a package of just Big's if the MU is correct.

It's makes no sense to say he shouldn't be selling to games that people want to invest in. This is also a unique situation with a large % of his buyers investing for the added entertainment value.

The markups arent correct tho. Dont want to derail but its blatantly obvious the daily sellers aren't selling to 'reduce variance' but to make break even games profitable for themselves at the expense of investors.

As i said i like the streaming idea and if people want to invest for entertainment then good for them. Think it can also be pointed out that they wont make any money long term.

With poker getting tougher and tougher every day why on earth would people sell their action every day if it didn't benefit them massively.

let the people decide who they should buy or not buy. keep selling jaime i would buy a few percentage for the fun sweat. gl

I sell daily and I do it to reduce variance. Giving up some of your roi to drastically reduce your downswings is a great tradeoff if you don't have a massive poker bankroll. Or if you're just variance-shy.
It doesn't work if your charge too much or too little in relation to your roi obv.

Not trying to derail the thread, it just bothers me when I see posts that imply anyone selling action on a weekday is scamming. I think those posts are underestimating mtt variance and/or underestimating how much selling action reduces that variance.

Staking someone more longterm reduces the variance for the staker, thus allowing the cut to be more tilted towards the stakee's side. That is why I asked for this option or to atleast get reserved the percentage you buy in the future, which he both declined.

I do admit tho that at that point, I have not yet known the $55+ graph. My investment at that point was only $55 and I was lazy about my researches, I'll give you that. Still not the point tho.

@Khanrava: I don't think they meant you. Obviously there are a few good people on here, but even you have to admit that >50% of the offers here are not like yours.

Will agree to disagree sir.

i have neither the time or the inclination to run the numbers on the high volume sellers but doesn't take a genius to work out investors are losing or breakeven and sellers are raking in $30-50K a year.

Wont name names but a regular seller on these boards is losing on pokerstars this year and still charging between 1.1 and 1.2 daily. How else would he survive without that markup.

Sorry for the derail and wont post again.

Without knowing or having looked at OP's stats, it looks like a good pack...if he hasn't won at $100+ buy-ins up until now it's not a massive deal IMO since the sample size is probably a lot lower than the sample for his buy-ins under $55.

But if he has lifetime ROI in excess of the markup he was selling at, in addition to the fact he is selling for tournaments with huge money up top (and added bonus of a live stream for investors), then he is certainly not doing anything wrong.

The chances are he is an improving player whose expected ROI in $55+ buy-ins should improve over time and therefore his expected ROI in those events should be weighted between past results, current form and future expectance.

Good luck.

I'm sorry, but no. I posted this somewhere else, but to put this into perspective, just to be breakeven for the year (!), he would have to either straight up win The Big $55 (and that's on a weekend) or get 8th in the Sunday Million. And this is after coming 8th and 7th in Big/Hot $55s before. And that is 0% ROI.

Btw., I think we should create a more general thread for this because this is all under Staples' name which is certainly not fair to this extend.

I will delete most of my posts here in the near future to reflect that.

Edit: Just figured out you can't. Well that sucks.

There's more than one guy, standard.

I sell action every day and its not to benefit , im no great shakes but learning and trying to improve all the time , I don't charge MU and never will (even if I shipped every major going I never would charge MU rather MINUS MU in that case) . I don't sell for that reason I sell to give people a sweat I have loyal investors who believe it is ok . I have a stalker/troll on here who berates me almost weekly and indeed ive had pms sating that the investors want to invest more BECAUSE of the troll.

ITS UP TO THE INDIVIDUAL WH) HE/SHE invests in.

As I said not the greatest but I try my best and of all packs ive sold in the MP the investors are in profit (Live pack obviously helped there but still Profit is profit)

I think Jamie can do what he wants as can anyone . Its not a scam in the way that MDDGFC is a total scam and again if folk don't wanna buy then don't do it.
Cheers and Good luck.

coming 7th or 8th in one of these tournaments is not a big result - it's more a frustration that you didn't get top 3...any good solid player is going to be very profitable in something like the sunday million or bigger 109...the 320 saturday ko may skew the markup of the package but without that i could see little reason to complain

Jamie didn't scam or deceive anybody. He went above the MP norm by streaming his sessions so Investors could check him and his approach to the game.

The timing of the 'ambush' (during the beginning of a Sunday session) should at least partially shine a light on the intentions of the people outraged.