can i sell shares for a non - poker related enterprise?

yes please.


i want 2%

first off I have to say I have not the slightest clue how staking works so any general info would be great. I was recently viewing empire state champ thread and a person's staking thread came up. I look at it just out of curiosity (fyi I'm not looking to sell or buy action atm just want to get an understanding). Couple things came up:

1) say the total package is $4k for simplicity, how does the the buyer or seller determine what the markup % is? who should determine the markup %? what is markup?

2) say u want to sell 75% of it- so your trying to sell 3750 if u have 25% markup? how much should u be selling of your action? freerolling seems frowned upon

3) now say 1 person buys 5% of you=250. how does this work if the original seller say cashes for 10k. the buyer gets 500 back? or what of the seller goes 0fer, he doesnt owe the staker back his %?

once again any staking info would be great! thx

what is the general thinking on people selling 80% of themselves usually at 25% markup. to me i see a lot of very solid winning players cutting themselves from their current backing situation and in turn selling action like this. i dont feel comfortable buying action like this as i dont think a horse should be guarenteed to make a profit no matter what.

why cant i start a thread here? i would like to be staked for ftops.

read the stickies

Quick Question...

In one of the staking post for an FTOPS package the person stated that they are currently backed by player xyz.

Why would you request staking from the community if you were currently backed by a player?

How does this make any sense?

There's a good chance his backer only does cash games. Therefore the tourneys would have nothing to do with their agreement.

Or the backer is backing for reg stuff like 11-55, but does not want to deal with the huge variance of high BI's like the FTOPS.

^^^^^^


some backers just arent rolled for a full sched of ftops stuff.

Yeah would be pretty interested in this too since am fairly sure cts did well and not sure if it's just luck/variance or if I just suck incredibly at this. Anyway, i'll probably be back cos i'm a huge mug but might tone it down a bit next year and go for the 1.0-1.2 type players rather than the 1.33 guys because the disparity in their edge might not outweigh the markup. Below is a link to my spreadsheet for the summer, the anon guys are non-2+2 but all the rest is info anyone could have found anyway. I didn't get rolled by anyone fwiw, just a close call with TheGreatWall.

http://spreadsheets.google.com/pub?k...=0&output=html

Rupert- Thx for the spreadsheet. Sorry your horses ran so bad.

better look next time bru.

lol.


just leave please and never come back.

Hi I believe this is the right thread.

With the WCOOP coming up I'm intending on playing many sattys to the 1ks and 5ks. One of my good friends is quite the baller and is considering buying some of me. These will be $55+r tourneys. Those are a step above where I am comfortable playing with my roll. How do I honestly asses what price I should sell myself at? Sattys are the MTT format that I am the best at and I have significant sample size and a solid ROI. I would at the same time like to offer my friend an excellent value but I'd like to not shortchange myself either.

My name is aisflat439 on both stars and FTP if you are interested in helping me gauge this. Thanks!

Ask yourself how much you would spend on these games if they were, say, $5+r or $10+r tourneys. That amount should be the amount you're comfortable spending. Let's say it's $300. But to grind the 55s decently, you'd need a roll of....probably, $2k+. So sell a package of $2,000, and buy 15% yourself

1) The seller determines the markup, if any. It's up to the investor to decide if he wants that action or not.

2) 1% share would cost $37.50. Some investors dislike buying players who are on a freeroll, but it's not against the rules.

3) The investor gets his percent share of the total CASHES. If total cashes are zero, then he gets zero.

I am a little confused by the 2p2 standard of staking. I hope someone can help me understand this a little better. The 2p2 way of calculating markup is what throws me off. I am just curious if there is any other way to do it. Im bad at math, so please be gentle.

Say I want to play $1000 worth of buyins and I will sell at 25% markup (i understand this % will vary depending on the player). Now in order for me to play this tournament I would need to sell 75% of myself (25%+75%=100).


the 2p2 way of calculating this seems to be 1000*1.25= $1250 _ 1250/100= $12.5 per 1% so now I sell 75 shares at $12.5 per (75*12.5= $937.5). And I am still coming up short of the 1k I need to enter the tournament.

Why do I need to sell an extra 5% if my total markup equals the cost of they buyin to make my way into this 1k event?

Are there any other ways to calculate markup? Please forgive my ignorance on the subject, just trying to better understand.

75 * 1.25 = 93.75

You'd need to sell 80% of your action at 1.25 or 75% at 1.3333

75 * 1.3333 = 100
80 * 1.25 = 100

-

What you are thinking is 25% of one is .25, but in your case 25% of .75 is only .1875

Another thing that players should consider is that they don't need to sell all of their action to play a very safe package. Take an example player who's selling action into his 20 tournament Sunday.

This player's average buy in is $100 so his total buy ins are $2000. Lets say he sells 70 percent of his action at 1.25. This means he'd receive $1,750 from investors and have to cover $250 himself.

In this example, if he cashed for only $834, he'd break even ($834 * .3 = $250). If he cashed for $2500, his investors would break even and he'd make $500!

if 75*12.5=1000, then 1000/12.5=75, but 1000/12.5=80 (what Doggz said)

What is the maximum percentage amount that is acceptable to sell yourself for?

Lets say you have a package for $1000 dollars;

What is the maximum percentage of action you should take with markups of;

10%
20%
30%

imo here

90%
80%
50% (because if you think you have that big of edge you'd never want to sell your soul)

I just read a package valued at around 10k where a player was charging close to 30 percent mark up and looking to sell 80% of the action.

Basically he is getting paid close to $400 risk free to play this schedule with a 20% free roll at all profits.

Questions

1) How is this viewed here or with staking in general?

Not to mention his stats are about break even so....

2) Why isn't anyone telling him to f off in is thread?

3) Why are people actually buying this action?

4) What am I missing?

I would say there's always some stigma to freerolling or making a small profit but it is not as bad if the player is reputable. It is still in the players best interest to play his best just because he's in for 0% instead of 20% doesn't mean he should just start openjamming at 15 30.

A few people like to call others out for high markup but most just stay away if they aren't gonna buy. I wouldn't unless it looks like the OP is really confusing on purpose to disguise a high markup or an obvious scam

The guys ROI is almost 30% I assume its probably on the high side though i don't wanna figure it out but certain tourneys are more valuable than others so maybe investors think those tourneys are softer than average, are friends with him and know he knows his stuff or played with him before and respect his game. Also possible they think its close to breakeven but just want to gambool and help out a friend

A lot of people with good results are busto or close for various reasons. Just like some players get backed it makes sense to give up a little edge to take the pressure off if you think it will help you play better and be happier irl