Quote:
Originally Posted by Alex Wice
Just wondering what your standard way of handling the following situation is:
Say you want your horse in a $10k but you only want to take half the action. You get them to sell the other half in MP at say 1.2 markup. So they sold the other half for $6k, for a profit of $1k. How is the $1k profit divided between you and the horse?
The mark-up has nothing to do with me/staking him. He gets to keep it because the people are paying the mark-up based on the horses talent/ROI/whatever in the mtt. he can do what he wants with the mark-up.
A lot of the time, the horse sells enough so he can free roll a small % of himself in the mtt away from the staking deal.
Quote:
Originally Posted by Don Stefanello
I never get this, whats his part in that deal, he sold 50% to you and 50% to MP, what he gets, 25% from your part?
not sure i understand. If its a 10k, and we take 50%, its essentially like a 5k mtt now. if he bricks, its 5k onto MU. if he cashes for 50k total, then 25k goes back into the backing deal (50%) and pays off any MU he has with us. if profits from that, we split it accordingly.
the other 50% that he sold, he distributes it to his other investors.
Quote:
Originally Posted by boliver
the "which tourney" question got me thinking...which is softer...PCA or aussie millions??
prolly aussie millions.