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Another thought on WSOP packages Another thought on WSOP packages

05-13-2013 , 04:27 PM
Quote:
Originally Posted by Two SHAE
My attitude stems from the fact that so many people sell 70% at 1.33, and take no risk. If you are good enough to have a 33+% ROI in 1500+ buy ins, why do you have no money?

If i post a package, it has to be viewed alongside tons of others and mine gets less attention, resulting in a lower price for me or just not selling out. As timex mentioned, I can't short some of the **** packages I see, so I'm effectively ****ed.
Do so many people really do what you describe? Haven't followed the MP closely in a few years, but that sort of freeroll selling was becoming less and less common due to investors being turned off by it.
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05-14-2013 , 03:31 AM
There is very few packages that are freerolls in that regard. There is certainly more people with very high sale percents for the WSOP, but I don't see any 70%+ 1.3+mu packages.
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05-14-2013 , 05:00 AM
They're almost certainly still happening a lot but will be the result of people selling privately
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05-14-2013 , 06:58 AM
OK, but the marketplace...
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05-14-2013 , 07:02 AM
Sorry i thought it was clear, people selling on the marketplace will be selling privately and/or in other places such that they're freerolling or close to it, when investors think they've got a decent chunk of themselves.
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05-14-2013 , 07:56 AM
That is rather unethical (to say you are selling x% and then sell x + y).
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05-14-2013 , 08:03 AM
Quote:
Originally Posted by DoGGz
That is rather unethical (to say you are selling x% and then sell x + y).
Er, yeah, quite aside from the vicinity to overselling yourself which is outright theft.
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05-18-2013 , 02:47 AM
Either I'm crazy or people just do not understand the field strengths of these events. I see too many threads where a guy sells a 1500 NL at 1.3 and then sells the Main at 1.38 or something.
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05-18-2013 , 03:40 AM
What do u suggest should be the standard main event markup in relation to 1k and 1.5k's markups? For someone selling prelims at 1.2 what should main mu be, and same for 1.3 prelims?
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05-18-2013 , 05:04 AM
Well, alot of the reason for the markup numbers is the relative inflexibility of the marketplace. There's plenty of guys here that would be worth 1.5mu in a typical wsop 1500 but the market as shown they won't pay that. So everyone just lists everything from 1.2 to 1.3, even people of vastly different skill levels.

This leads to the above problem.
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05-18-2013 , 10:44 AM
difference between 1500/main rois (and markups) is gonna vary per player, depending how good you are at turbos/30bb play and how good you are deepstacked/postflop
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05-18-2013 , 10:59 AM
I think the gap should be wider. I'd almost always rather pay 1.38 for main than 1.3 for 1500.

Davidv that's a good point though I guess I was basing that off of my experiences
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05-18-2013 , 11:07 AM
My post above explains. Its the same reason people will list the WSOP 5k 6m at 1.2 and a Saturday 1500 at 1.3. The main event is like the tournament that breaks the mold, and sometimes barely so.
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05-20-2013 , 11:20 PM
I don't want to derail any threads, and I feel like I might be missing something here, but how is it even possible to be a profitable investment selling at 1.25 in a HU event? FWIW I'm suggesting that the structure would make those kind of ROIs unattainable - nothing to do with the skill of the guys selling pieces. Figured I'd ask here as I don't want to ruffle any feathers/derail any threads based on my intuition that may be proven wrong for all I know.

Also, again not trying to ruffle feathers, but in the future I think a certain type of thread in this MP should be outlawed. That thread is by a major buyer who was soliciting WSOP action early on. From reading the thread it appears the buyer is waiting multiple weeks to get back to players with a yes or no - which would seemingly give him a huge upper hand in negotiations as the longer he waits the less likely it will be for a player to sell a similar package in the MP. It just seems wrong to me. I'm not involved at all, just thought I'd bring it up and see what the forum thinks.
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05-20-2013 , 11:52 PM
When Max Katz was a major buyer I remember him posting that a markup like 1.25 for a hu event was massively -ev for the buyer.

Don't see any problem with the Marvin thread... He's giving people an opportunity to play that may not be able to play otherwise. Also for some players he's buying all of their action and it makes it real easy for the player to have 1 buyer.
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05-21-2013 , 12:29 AM
Quote:
Originally Posted by gostatego
When Max Katz was a major buyer I remember him posting that a markup like 1.25 for a hu event was massively -ev for the buyer.

Don't see any problem with the Marvin thread... He's giving people an opportunity to play that may not be able to play otherwise. Also for some players he's buying all of their action and it makes it real easy for the player to have 1 buyer.
I can definitely appreciate that and agree he's providing a great service to 2p2ers, I'm just of the opinion that creating a thread like that and then in turn waiting weeks (month+ in some cases it looks like) to get back to players is leveraging your side in a way that could do more harm than good to some players no matter what his decision is regarding the player.

I guess the players aren't bound to anything by sending him an email, and at this point probably realize there is a lag between sending and receiving anything back, so I'm probably just being a bit overly nitty about the entire thing. Like I said it just seemed...off. Nothing more nothing less.
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05-21-2013 , 12:51 AM
lol


WSOP 10k HU mark-ups of 1.25


ooooooooook
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05-21-2013 , 08:06 AM
The problem with the Marvin thread is he isn't Max Katz at all. He's just skimming the very best right off the top. The people he is buying would have be able to sell easily on the open market and he'd have been able to buy/all when they did so. The majority of people contacting him get turned down.

He has basically turned Max's system of hiring people to reload the marketplace all day on it' s head by having everyone contact him first and hoping they can get a stake.

I really don't think it's in the spirit of the marketplace at all. I hope its outlawed in future years.
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05-21-2013 , 09:51 AM
Quote:
Originally Posted by DoGGz
The problem with the Marvin thread is he isn't Max Katz at all. He's just skimming the very best right off the top. The people he is buying would have be able to sell easily on the open market and he'd have been able to buy/all when they did so. The majority of people contacting him get turned down.

He has basically turned Max's system of hiring people to reload the marketplace all day on it' s head by having everyone contact him first and hoping they can get a stake.

I really don't think it's in the spirit of the marketplace at all. I hope its outlawed in future years.
This. The second that thread went up I sent him an F U email.
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05-21-2013 , 10:06 AM
ALSO THE CRAZIEST PART IS THAT TO SELL AT 1.25 YOU DON'T NEED A 26% ROI WHICH IT SEEMS PEOPLE ARE TRYING TO CLAIM, YOU WOULD NEED 45 AT THE ABSOLUTE LEAST TO MAKE IT A PALATABLE NUMBER AND EVEN THEN THAT WOULD BE AN EXTREMELY HIGH VARIANCE SPLIT
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05-21-2013 , 10:07 AM
Quote:
Originally Posted by mastr
ALSO THE CRAZIEST PART IS THAT TO SELL AT 1.25 YOU DON'T NEED A 26% ROI WHICH IT SEEMS PEOPLE ARE TRYING TO CLAIM, YOU WOULD NEED 45 AT THE ABSOLUTE LEAST TO MAKE IT A PALATABLE NUMBER AND EVEN THEN THAT WOULD BE AN EXTREMELY HIGH VARIANCE SPLIT
You seem smart. Lets be friends. Want to skype?
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05-21-2013 , 10:13 AM
Quote:
Originally Posted by BackRaiseNYC
You seem smart. Lets be friends. Want to skype?
I have no idea who you are - but based off of your actions in Magnus' thread I give it 3-4 months before you're permabanned. There's nothing with disagreeing about someone's MU as it may be usurious. It's another to call someone out as a scammer.
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05-21-2013 , 10:22 AM
Quote:
Originally Posted by mastr
ALSO THE CRAZIEST PART IS THAT TO SELL AT 1.25 YOU DON'T NEED A 26% ROI WHICH IT SEEMS PEOPLE ARE TRYING TO CLAIM, YOU WOULD NEED 45 AT THE ABSOLUTE LEAST TO MAKE IT A PALATABLE NUMBER AND EVEN THEN THAT WOULD BE AN EXTREMELY HIGH VARIANCE SPLIT
I always thought that your markup should be roughly half your ROI, is that not the case? Isn't a 50% ROI perfectly attainable in all the soft, well-structured wsop events? I know I'd pay 50% mu on a bunch of heroes for the main.
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05-21-2013 , 10:41 AM
Quote:
Originally Posted by JPB383
I have no idea who you are - but based off of your actions in Magnus' thread I give it 3-4 months before you're permabanned. There's nothing with disagreeing about someone's MU as it may be usurious. It's another to call someone out as a scammer.
You can't ban me from twoplustwo. I AM twoplustwo.
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05-21-2013 , 10:43 AM
I think Timex's idea of shorting is hilarious and that he could do a ton of good-natured Timex damage. I imagine him hiring someone to do it for him and just running a shorting empire.

The marketplace has been a seller's market for years and nothing has changed. Demand is still greater than supply so to me all we need to do is give people more information.

Someone should create a standardized outline that each seller is required to use to make a thread in the MP.

You would increase the amount of focused information available to each buyer without killing the people who just have a following.

Look at me, calling for regulation ^_^
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