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Originally Posted by PaulyJames200x
Got a question about the marketplace and buying shares of other players here. Does anyone here make good money staking players but not staking it like those deals i see but just buying action from players who sell action for tournaments on the online shares or buying shares of live players and those live packages they sell? Thus like buying 20-30 percent of players who sell their entire action for all the tournaments they play etc.
I assume if you do, you can't really buy that many players action as it wont be that profitable right?
Im curious how much a bankroll someone would need to do solely this.
Also another question but aren't majority of ppl who buy shares of other players just going to lose most of the time? I see lot of players who sell shares and get lot of buyers but it seems like when they post their staking rails etc... its usually hand histories of them busting every single tournament.
Another thing. But i see lot of people selling action for tournaments where the total buyins are say $2000... and they are selling up to 40-60 percent. Is there a reason why ppl just dont play lower stakes then or play lesser tourneys that way they have 100 percent of themselves. Im really shocked b/c there are some players names that seem to be very good players yet they have to sell action for just $1500 in buyins and have to sell up to 50 percent. I did read they make money off the markup but im curious why almost everyone does this. I mean... when you have players that are selling actoin even for just tournament and its a $215, $530 and say a $162... and they are a player that seems to be a very good player... im wondering how they could not afford that much in buyins. I read someone say its to lower variance but i dont really understand why players just dont play on their own dime.
However i read that almost everything offered the marketplace is a rip off. Is this true or false? Someone mentioned theres nothing ever good there. Can someone explain this and why? I assume ppl are asking for like 20 percent markup when most of these players dont deserve it. And those who even for 10 percent markup probably doesn't deserve it? Would you say buying shares of players playing live tournamnets are probably more profitable than online? Reason i ask is b/c i see more buyers on the live poker tourney marketplace and i see more good results there as oppose to online ones.
Ye most of your posts are spot on tbh. You have to be very selective about what you buy in the marketplace to have any chance of making any money. This is why you dont see many mtt professionals buying the packs that are available as they understand roi and ev better than the average investor who are generally recreational players and enjoy a sweat in a named player.
I have found their are 3 types of regular sellers in the marketplace imo.
1. the full on hustlers these guys sell knowing full well knowing that their packs are a ripoff for investors. They often play tons of soft mtts for themselves while only selling for the toughest games they play at a markup. Try and avoid these guys
2. the sellers who sell at a markup that is too high for investors to make any money but who believe their packs are profitable for investors or at least give you a fighting chance. These guys you have a better chance with, a good sign is only selling for all the games that will be played during the day so investors get a chance at all the best value games of their schedule as well.
3. The people offering real value. This is pretty rare these days and if i see someone selling these packs i do my best to get in contact with them via skype and buy the action in private as i assume alot of people do.
People sell their action all the time via skype and facebook etc at a fair markup to other professional poker players who understand roi and wont pay over the odds.
For the most part the 2+2 online market place is where you can sell overpriced packages that they know pro poker players wouldn't touch with a barge pole.
Hope this answers your question and am happy to answer questions when i have the time about this subject in private.