Quote:
Originally Posted by Tazbolton
BUT, I can see so so many bad deals out there being bought up quick. people selling large packages @ 25% mark up & selling 80-90% thats madness. People are staking a horse & paying him a wage on top & Giving him a bit extra as well.
Quote:
Originally Posted by Zima421
pretty much disagree with your whole post esp the bolded. i have never seen someone sell 80-90% of a mtt package with a 20% markup (thus creating a profit regardless of even cashing 1 mtt). if i missed an instance of this, dont hesitate to link it here.
Quote:
Originally Posted by Tazbolton
first of all, you have yet to show me a thread where the person is making money regardless of what happens in the mtts (which was your first example that i bolded again). the people selling 80% at 25% mark-up are basically getting 20% of themselves in the mtts with 0 invested. they still need to cash some mtts before they see any money back. i have a feeling you are misunderstanding what the mark-up actually is and see "80% at 25% markup" and think these people are just skimming off 5% right off the top and free-rolling their 20% in action. this is not the case.
as far as the 42% markup thread goes, it's the WSOP ME. Is matt24's roi way over 42% in this event, yes. Is it a good buy at 42%, that's not for me to decide/comment on. the WSOP is the best mtt of the year as far as ROI though, and you comparing that to jorj95 selling 50k 8 game shares at even money is laughable. the mtts are totally different and i would bet matt24's roi in the ME is well over 10x jorj95's in the 50k 8 game event.
and matt24 is also highly respected on these boards, so to say that in terms of comparing him and jorj95 is also pretty dumb.
there was also a discussion in the marketplace a long while ago (maybe 6-8 months ago) that stating exactly what mark-up you are charging should be standard. it should be clearly marked in the thread, and having it in the title is probably even better.
(re-read a few of my posts, and i said "i had never seen someone sell at 25% markup and sell 80%, well obv i have as i frequent these forums quite a lot, but what i was getting at is the part where you say 80-
90% at 25% mark up, which would than give the person profit regardless of any cashes. my bad for not clarifying my point in earlier posts)