Looking for 50% backer for Borgata NJ upcoming touranment series - Selling Shares

Two Plus Two Forums Online Poker Sites & Marketplaces Staking Selling Shares - Online

Looking for 50% backer for Borgata NJ upcoming touranment series

Post Reply Subscribe

...

08-26-2014 , 12:09 PM

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

Currently selling 50% of my action for the Borgata Garden State Series

These are the tournaments i plan on playing.

http://poker.theborgata.com/promotio...er-series.html

Here is a full list of the tournaments.

Total Buy In for all tournaments in the series: $1,200
Amount looking for: $600

Looking for 50%. Terms of deal would be 50/50 split of money. We are both taking equal risk for reward so do not see a make up deal here.

A little bit about me

http://www.thepokerdb.com/M94Nasty/w...rsey/15361548/

Tournament results on WSOP.com in NJ

http://www.thepokerdb.com/M94Nasty/p...rsey/15231515/

Tournament results on Borgata/Party poker NJ the site in which the series will be taking place.

Cash results at 50nl on WSOP.com

Quote

08-26-2014 , 12:44 PM

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

Just realized its $1300 looking for $650 did not add in the wednesday tourney.

Quote

08-26-2014 , 02:25 PM

Keyser.

Carpal \'Tunnel

Join Date: Aug 2005 Posts: 11,711

I know Matt's game pretty well and I expect him to be +EV in these events. I can't really speak for his tournament game or live play but he's a solid player overall.

Quote

08-26-2014 , 03:49 PM

mcc3504

Pooh-Bah

Join Date: Feb 2008 Posts: 3,891

prob should have just posted this in the selling live shares?

Quote

08-26-2014 , 05:23 PM

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

Quote:

Originally Posted by mcc3504

prob should have just posted this in the selling live shares?

Agreed i did make a thread over there wasn't sure where to put it so i chose both as i only look to sell shares during the big series etc

Quote

08-27-2014 , 06:59 PM

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

45% left btw this is for online tourny series not live

Quote

08-28-2014 , 12:36 AM

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

35% left this includes FamilyPotPlz's 10%.

35% = $455

Last edited by Mateo94; 08-28-2014 at 12:45 AM.

Quote

08-28-2014 , 12:43 AM

FamilyPotPlz

journeyman

Join Date: Jul 2012 Posts: 223

Taking 10%.

I've known Matt for about a year now and we've sweated each other a few times. I have faith he'll do well in this series.

Quote

08-28-2014 , 08:07 AM

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

Another 5% has been taken down to 30% now.

30% = $390

Quote

08-28-2014 , 08:27 AM

#10

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

Down to 20% now and going quick.

20% = $260

Quote

08-28-2014 , 09:16 AM

#11

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

5% pulled out so 25% left

25% = $325

Quote

08-28-2014 , 04:27 PM

#12

IshipRolls

journeyman

Join Date: Jul 2013 Posts: 319

Taking 5%

Quote

08-28-2014 , 04:29 PM

#13

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

That leaves 20% left.

5% = $65
10% = $130
20% = $260

Quote

08-28-2014 , 04:50 PM

#14

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

Just wanted to add even though i am in NJ i am accepting skrill as its legit here everyone who has shipped has used skrill. Thanks.

Quote

08-28-2014 , 05:05 PM

#15

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

http://www.irs.gov/uac/Poker-Tournam...ted-to-the-IRS

wanted to update the thread with this link this is US tax law. If the winnings are over $5,000 i am forced to pay 25% on the winnings 12.5% out of each.

Quote

08-29-2014 , 10:40 AM

#16

sm1t

banned

Join Date: Mar 2011 Posts: 1,093

Quote

08-29-2014 , 10:45 AM

#17

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

Update 15% left

5% = $65
10% = $130
15% = $195

Quote

08-29-2014 , 12:00 PM

#18

Thymallus

stranger

Join Date: Aug 2014 Posts: 2

taking 5%

Quote

08-29-2014 , 12:06 PM

#19

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

http://www.taxabletalk.com/tag/wsop/
http://www.taxabletalk.com/2011/05/2...p-2011-update/

Updated tax information for buyers.

Quote

08-29-2014 , 12:07 PM

#20

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

The 5% by Thymallus is already part of the shares purchased.

Update 15% left

5% = $65
10% = $130
15% = $195

Quote

08-30-2014 , 07:29 PM

#21

MartimC

Carpal \'Tunnel

Join Date: Nov 2011 Posts: 6,620

Quote

08-31-2014 , 04:54 PM

#22

Thymallus

stranger

Join Date: Aug 2014 Posts: 2

a friend of mine is taking 5% also, so 10% for me total now

Quote

08-31-2014 , 05:32 PM

#23

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

That should be sold out just waiting for cash to be shipped and we can close this up will update when all the technicals are worked out :P.

Quote

08-31-2014 , 08:01 PM

#24

Mateo94

old hand

Join Date: Feb 2013 Posts: 1,262

Ok officially all 50% sold

Share Buyer Amount Sold Money Received?
Tomasi 5% yes
Sebastian 5% yes
#Roman 10% yes
SensAsian 10% yes
James 5% yes
Smit 5% yes
Marim Bruteigh 10% yes

Quote

Post Reply Subscribe

...