Quote:
Originally Posted by sirio11
I think it would be nice if somebody has the time to do a thread with all the people who sold shares for this WSOP and their results (as well as any other situations that arose), for future references.
I've created a database where I enter all relevant information. I too think a public one would be best. Some mentioned that we have the negative feedback thread, but it isn't updated enough making it inadequate. Not the fault of the thread obviously. There are also many cases that don't belong in the negative feedback, but are important in consideration for backing. Also, the database contains info about those that have a stellar reputation as well. I'm planning a separate bankroll for nothing but staking in 2011, though I'll be super selective.
The biggest thing I've learned is that instead of worrying about pieces selling out fast, I'll spend the extra few hours going through ancient posts. It sometimes does seem like more hassle than what it's worth. That's why the database idea works well, just would be easier to have it shared to make it much bigger. Maybe it would be okay to host it outside of 2+2, not sure about that whole scenario. Maybe mods have an opinion.
I tend to believe that when several posters have a tight relationship and a couple roll on their stakes, it's worth noting for all of them. This may seem unfair, but too much information seems better than not enough. For example, a backer with several horses is more likely to be linked to rolled stakes, though no fault of his own. The references given in these cases though has to have some weight. Everyone can make up their own mind. I don't want to invest in anyone with a single blemish on their record. Clearly, others aren't such sticklers.
I'm all for having a discussion solely about how to make the marketplace safer for staking and BAPs. The amount of scammers is going to increase with the ease of obtaining money. I personally thought is was awesome that I could raise $16k so easily for myself, but now I see the dangers as a whole. It's easier to raise money here than getting a loan at the bank. As part of the marketplace for the long term, I really want to see more discussion of stakes without people feeling attacked. I do realize this is probably a fantasy as many people are defensive when questioned about anything.
Mods, can we create a thread somewhere solely for the purpose of discussion around making staking decisions safer? I, like many others, am sick of the high number of outright thefts, let alone the arrogance some people have when dealing with other people's money.
Last edited by cld343; 07-23-2010 at 01:33 AM.
Reason: typos