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drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011)

05-04-2011 , 05:59 AM
Hi. My name is Kami Chisholm. I have played MTTs for about 7 years, though I didn't play very seriously until I finished my a Ph.D. from the University of California in 2008.

I am selling my live MTT action in Vegas for the period of June 6 - 29th, 2011 and will cover all events in that period with a buyin of $2500 or less. I have returned over $100,000 in profits to my stakers here and on PTP in the past 2 years. ruNVNme on 2+2 and PTP, who has staked me for most of this time and met me in person in Vegas last year, has volunteered to be a reference for me.

This will be my third trip to Vegas for WSOP. Last year I sold a similar WSOP package to this one for $9500. The final bankroll was approx. $55,000, for a >450% profit. I took 1st in the $550 Venetian HORSE for almost $20k (I took 2nd the year prior in this same event for $16k), and a few days later final tabled WSOP Event #22, the Ladies NLHE event, finishing 5th for almost $40k.

I played the two above events back to back for 5 days straight and played in top form the whole time, so I know I can handle the grind of a live schedule, especially since I have spent the last six months focusing on maintaining a healthy lifestyle.

Other major scores include:
1st in March 2011 Bay 101 Ladies No-Limit Holdem ($9,000)
1st in January 2010 PCA-EPT Limit Holdem 6 Max ($10,000)
2nd in September 2009 PokerStars WCOOP Pot Limit Omaha 8-or-better ($47,000)
2nd in June 2009 Venetian Deepstack HORSE ($16,000)
1st in June 2009 Full Tilt Poker’s Mini Series of Poker HORSE ($32,000)

In addition, in 2009 I was 2nd in number of cashes (10) in the WCOOP series and finished 9th on the overall WCOOP series leaderboard.


STATS
For my live MTT stats, see Kami Chisholm - Poker Player Profile


Previous large 2+2 stakes:
http://forumserver.twoplustwo.com/18...e-mtts-793761/
http://forumserver.twoplustwo.com/16...closed-831540/
http://forumserver.twoplustwo.com/16...rofits-771992/
http://forumserver.twoplustwo.com/18...s-year-644015/


TENTATIVE SCHEDULE
The following events will be my core schedule. I expect to play 14-18 events in June at all levels (ranging from $200 buyins to $2,500). Tournament cashes may be reused for future buyins. If we have the funds, I can always play a $350 or less buyin tournament that is not on the schedule.

06/07/11 Golden Nugget Event #8 H.O.R.S.E. $230.00
06/08/11 Venetian H.O.R.S.E. $550.00
06/10/11 WSOP Event #17 H.O.R.S.E. $1,500.00
06/13/11 WSOP Event #23 Eight Game Mix $2,500.00
06/14/11 WSOP Event #25 Seven Card Stud Hi-Low-8 or Better $1,500.00
06/16/11 WSOP Event #29 10-Game Mix / Six Handed $2,500.00
06/18/11 Venetian NLHE $550.00
06/19/11 Venetian NLHE $340.00
06/21/11 Golden Nugget Event #36 H.O.R.S.E. $230.00
06/23/11 Binions H.O.R.S.E. $500.00
06/25/11 Venetian NLHE $550.00
06/27/11 Binions Ladies No-Limit $210.00
06/28/11 WSOP Event #49 2-7 Triple Draw Lowball (Limit) $2,500.00
06/28/11 Golden Nugget H.O.R.S.E. $550.00
06/29/11 Venetian Ladies No-Limit $340.00


Total $14,320.00

I offer this above as a tentative schedule as it will likely be necessary to adjust the schedule if I make 2nd or 3rd days of events, illness, exhaustion, etc. This flexability enables me to make the most +EV decisions about what to play or not on a given day.

The following tournaments may be substituted for similar events in the tentative schedule above:

06/11/11 WSOP Event #19 Limit Hold'em / Six Handed $2,500.00
06/23/11 Golden Nugget Event #40 Pot Limit Omaha H/L $230.00
06/25/11 WSOP Event #44 Seven Card Razz $2,500.00
06/27/11 Golden Nugget 7 Card Stud Hi/Low $550.00
or any WSOP $1k or $1500 NLHE


In addition, if we are in profit of more than $10,000, I may add additional tournaments up to $1500 in buyin in any game or add one of the WSOP tournaments listed above.

Last year I played the $10k HORSE (made a fairly deep run on day 2) and the $10k ME (busted in a sick hand on day 1), and both were a tremendous learning experiences. If this year goes well, I may decide to play these events again and would give you first option before offering to others.


EXPENSES
This package runs from June 6 - June 29, and I will be in Vegas the whole time.

$1000 will be taken off the top for airfare, transportation, and room. If the bankroll ends with a profit of more than $10,000, another $500 will be taken. $1,500 will be the cap for expenses.


SHARES

TOTAL BANKROLL: $15,000

Total tournament entries for the tentative schedule are roughly $14,300, and off the top expenses are $1000. This totals $15,300, but I expect some cashes or skipped events, so the last $300 shouldn't be a problem. If for some reason I play less than $14,000 worth of buyins, the extra mark up and missed buyins will be returned.

I am selling up to 25% at 1.25 to 1 mark up. 2% min please.

2% - $93.75
5% - $234.37
10% - $468.75

I may be able to take Stars or Moneybookers, as I am moving to Canada in less than 2 weeks, but I don't know yet if I can get it set up in time. Otherwise, I would need a check in hand by June 1 or cash in Vegas would be great.


PAYMENTS TO INVESTORS

Payments will be made in pre-tax dollars wherever possible, unless a tax treaty with your country requires a withholding. Last year it was quite difficult to figure out all the paper work for payment, so this year, if the package profits more than $5000, I will hire Russ Fox (who is a reg in poker legislation on 2+2 and an expert on poker taxes) to do the accounting and pay everyone out. His fee will be covered by the profits, not to exceed 5% of profits.

Payments will be made by check only. Please do not buy shares if you are not comfortable sharing your tax info with Russ.


RAIL
Tournament buy-in receipts will be kept and provided at investor request.

A rail will be maintained here on 2+2.

I will also update my twitter regularly, and I usually do so also on breaks during every tournament: K Chisholm (drkamikaze) on Twitter


FAQ
Is this packaged being offered elsewhere?
- Yes. It is being offered on PTP: http://forum.parttimepoker.com/buy-p...et-2011-a.html

Why do I have a Do Not Ship on PTP?
- For lying in their appeals forum about why I lost my FTP account. I lost it because I was using an autofolder. I think this is a disability issue, and that FTP is quite arbitrary in terms of what software it allows players to have assist them, but they obviously disagree. You can view my profile and read up for yourself about any and all issues I have had on PTP by clicking on the infractions link in my PTP profile: http://forum.parttimepoker.com/members/drkamikaze.html

Have I ever cheated at poker or rolled investors?
No and no.

Do I have any other account issues?
- Only those caused by the DOJ and living in the US

Why am I charging markup and expenses?
- because I believe I have a significant edge live, and I believe that an effective 80% backers cut with a small amount of my expenses paid by the package is fair. You are free to disagree and not purchase this package.
- because this is the exact same package, converted to markup style, as that on PTP and that I have sold to others. This is the deal my best friend, who is buying almost 50% of the package, has, so I am not going to give out a better deal to someone I don't know or barely know!
- because this package is more of a heeb, in that it will reuse buyins, than a straight markup of a set number of events. If I play more than $14,000 of buyins, you freeroll the additional entries (last year I played an additional $2600 in buyins over the $9500 starting roll).
- also, because this package carries a significant amount of variance reduction in the form of smaller side events, which I regularly crush. Both of my previous two trips to Vegas have been very profitable for my investors.

Will this run if it doesn't sell out?
- Yes. It is already more than 2/3 funded, and if necessary I will drop 1 or 2 larger buyins and only reinstate them if I have sufficient cashes prior to their start to do so.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-04-2011 , 06:34 AM
shares r wrong:
15000*1,25=18750
so 1%=187.5
res 1% if you can take online
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-04-2011 , 06:57 AM
I've bought pieces from Kami lots of times and I trust her as much as anybody I've dealt with. She's also great value in this schedule for sure.


edit: I already reserved a piece on PTP for myself.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-04-2011 , 07:24 AM
I will take 3%:

$15000 * 1.25 * .03 = $562.50
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-04-2011 , 09:00 AM
So you included $700 of expenses and marked those up as well? Could you explain?
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-04-2011 , 09:25 AM
hi,will take the rest for ICFund
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-04-2011 , 03:57 PM
Thanks for fixing the markup numbers. For some reason I started breaking it down just by the 25%.

Scor - 1%
bhanson - 3%
ICFund - 21%

Thanks all. I will be in touch soon to figure out collecting funds.

Last edited by drkamikaze; 05-04-2011 at 04:02 PM.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-04-2011 , 07:04 PM
I think you missed a thread when you were listing your 'previous large 2+2 stakes'

http://forumserver.twoplustwo.com/16...35-1-a-856499/

edit: everyone considering investing should read this thread. there's a lot of stupid people being stupid (mainly attempts to analyze her poker skill) but also several legitimate gripes (poor communication, dishonesty with other BAPs, took a long time to send funds)

Last edited by NHFunkii; 05-04-2011 at 07:15 PM.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-04-2011 , 07:10 PM
Quote:
Originally Posted by DoGGz
EXPENSES
This package runs from June 6 - June 29, and I will be in Vegas the whole time.

$1000 will be taken off the top for airfare, transportation, and room. If the bankroll ends with a profit of more than $10,000, another $500 will be taken. $1,500 will be the cap for expenses.
think its pretty absurd you charge for expenses.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-04-2011 , 10:59 PM
Quote:
Originally Posted by NHFunkii
I think you missed a thread when you were listing your 'previous large 2+2 stakes'

http://forumserver.twoplustwo.com/16...35-1-a-856499/

edit: everyone considering investing should read this thread. there's a lot of stupid people being stupid (mainly attempts to analyze her poker skill) but also several legitimate gripes (poor communication, dishonesty with other BAPs, took a long time to send funds)

I think my results, and the fact that I have continually returned large profits to investors, speak for themselves. I am not trying to pretend that I have never made mistakes. All I can say is that this plan is a result of learning from mistakes and what has worked in the past, and I have tried my best to make a fair and profitable plan for investors. I am prioritizing having help from a professional (Russ Fox) to get everyone their $$ quickly and pre-tax.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-04-2011 , 11:09 PM
Quote:
Originally Posted by Zima421
think its pretty absurd you charge for expenses.
That's fine. I think it is absurd to expect players to pay for all their expenses on a business trip, which is what this is. That would never fly in any other profession.

In addition to the reasons listed above, structuring the package this way also allows me to focus on playing 100% for my investors and not have to worry about playing cash games or something to cover trip expenses. My WSOP package last year was structured the same way, and I doubt any investors are unhappy about the 450% return they got, which includes $2k expenses (I lowered the expenses this year).

I know it is not the norm here, but I think I laid everything out very clearly to allow investors to decide for themselves if they want to invest, and obviously anyone is free to pass on this package.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-04-2011 , 11:19 PM
after reading the link funkii posted, i have no idea how anyone would ever want to invest in OP. (http://forumserver.twoplustwo.com/16...35-1-a-856499/)


you keep saying "everyone is free to pass on the investment'. well, thanks for the permission to not invest in this absurdly bad investment.


you realize you can write your business expenses off right? so, are you writing off all the plane tickets/whatever that you arent actually paying for?

Last edited by Zima421; 05-04-2011 at 11:31 PM.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-04-2011 , 11:46 PM
Quote:
Originally Posted by Zima421
after reading the link funkii posted, i have no idea how anyone would ever want to invest in OP. (http://forumserver.twoplustwo.com/16...35-1-a-856499/)


you keep saying "everyone is free to pass on the investment'. well, thanks for the permission to not invest in this absurdly bad investment.


you realize you can write your business expenses off right? so, are you writing off all the plane tickets/whatever that you arent actually paying for?
Actually I can't, because I won't be able to file as a professional this year, not that that is any of your business. But thank you for your feedback.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-05-2011 , 12:18 AM
Well for one, it's pretty misleading to list a markup and then also list the expenses separately. It's the same thing as just having a higher markup except that if someone isn't careful they won't notice the huge extra markup
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-05-2011 , 12:25 AM
Quote:
Originally Posted by drkamikaze
Actually I can't, because I won't be able to file as a professional this year, not that that is any of your business. But thank you for your feedback.
there were some legit concerns in the other thread that you never answered. will you answer those concerns, or just going to sweep them under the rug again?
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-05-2011 , 12:49 AM
Quote:
Originally Posted by NHFunkii
Well for one, it's pretty misleading to list a markup and then also list the expenses separately. It's the same thing as just having a higher markup except that if someone isn't careful they won't notice the huge extra markup
It is listed in bold right above the markup.


Quote:
Originally Posted by Zima421
there were some legit concerns in the other thread that you never answered. will you answer those concerns, or just going to sweep them under the rug again?
I answered everything in that thread. But if any actual investors have questions for me, I am happy to discuss whatever concerns they might have.

Considering this is already sold out, I am not sure why you are concerning yourself with all this. You have made your points. All the links are listed above for everyone to read and make decisions for themselves. Perhaps it is time for you to stop taking over my thread so all of us can go back to business and focus on making money. That is something that I plan to do in spades this summer.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-05-2011 , 01:02 AM
Quote:
Originally Posted by drkamikaze
It is listed in bold right above the markup.
What he's saying is you are actually selling this package ~1.31 markup depending on your clauses and stipulations.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-05-2011 , 01:13 AM
Does the fact that you are literally the only person on this board to sell a Summer/WSOP package including expenses not mean anything to you?
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-05-2011 , 01:48 AM
Quote:
Originally Posted by JP OSU
Does the fact that you are literally the only person on this board to sell a Summer/WSOP package including expenses not mean anything to you?
Not really. Maybe it means that more horses should do it.

Does it violate the terms of selling in this marketplace? If it is ok with investors, what is the problem? Doggz calculated that this is the equivalent of 1.31 to 1. I think, with this schedule, I am worth that price. And I intend to do my absolute best to give them an outstanding return on that investment.

I put together a package that I believe has the best possibility of a high ROI and that meets my needs to achieve that. The package has sold out. It is now my job to continue preparing to absolutely crush June, and have an even more profitable summer than last year. And that is what I intend to do.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-05-2011 , 01:53 AM
Quote:
Originally Posted by drkamikaze
Not really. Maybe it means that more horses should do it.
not sure how you came to that conclusion.

just because i am not an investor (and many other people who brought up legit concerns werent investors in the other thread) doesnt mean they arent allowed to comment on this stuff.


this is quite a good post from the other thread. http://forumserver.twoplustwo.com/sh...&postcount=103

people should just skip to the Dr_Zoidberg posts in that thread, cause he makes some very interesting posts. and of course, Kami wont address them because he is just a troll/didnt invest.

Last edited by Zima421; 05-05-2011 at 02:15 AM.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-05-2011 , 02:07 AM
Quote:
Originally Posted by Zima421
not sure how you came to that conclusion.
Because it seems perhaps there is room in the marketplace for it for good players.

Quote:
Originally Posted by Zima421
just because i am not an investor (and many other people who brought up legit concerns werent investors in the other thread) doesnt mean they arent allowed to comment on this stuff.
And so you have.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-05-2011 , 02:07 AM
Quote:
Originally Posted by drkamikaze
Why do I have a Do Not Ship on PTP?
For lying in their appeals forum about why I lost my FTP account. I lost it because I was using an autofolder.

Have I ever cheated at poker or rolled investors?
No and no.
yarks
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-05-2011 , 02:21 AM
Quote:
Originally Posted by Zima421
this is quite a good post from the other thread. http://forumserver.twoplustwo.com/sh...&postcount=103
As I said at the time, I had a number of health problems and injuries last year, not coincidentally around the times I played a number of poker series because I worked too much and didn't take proper care of my health. Some people thought I was faking this as a reason to delay sending investors payments. I gave emergency room receipts to the moderators at PTP to prove that I was ill during those periods, and they cleared me of this.

To prevent this from happening again, I have spent the last six months addressing head on some of my health issues, have spent the last 6 months improving my lifestyle to promote continued better health, and as I result I have been more focused and have been playing better than ever before. I have also scheduled days off to insure that I get sufficient rest so that I can bring my best every time that I sit at the table. I am also not going to take on the burden of figuring out complicated tax issues on my own, which should expedite the return of funds.

With all of this, I feel confident that I can have a strong, successful summer where I make lots of money and get it back to my investors quickly and easily.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-05-2011 , 12:56 PM
why would u charge investors living expenses ? if you can clarify a legitmate reason
for this community we will appreciate it.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote
05-05-2011 , 08:07 PM
Quote:
why would u charge investors living expenses ? if you can clarify a legitmate reason
for this community we will appreciate it.
It's common on another staking site, and she put expenses in bold so it's not like she was trying to sneak one by anybody. But I don't really see the purpose of segregating "expenses" and "markup", when to the investor the distinction is meaningless. Easier to go with a single markup % that reflects the entire premium being paid for. I assume when viewing a thread a number of investors go 1) Name recognition 2) Lookup stats 3) Stated markup charge; weigh all three factors vs the most recent shares threads and decide whether to reserve based solely on that. For this reason (people might miss the expenses clause) I think a uniform stated markup is easiest and most fair. But obviously DK ultimately gets to choose how she wants to format her posts.

I think shares sold privately or through PTP should be disclosed in the markup section since unless you read through the FAQ that justifies your markup it's not clear you sold an additional 50%. A lot of people would view selling 25% a lot differently than 75% @ 1.31.

FAQ says that this is more like a heeb that reuses buyins, but the first half of the OP looks like a pretty defined, busy schedule. What does this mean?

Anyway, congrats on selling out and GL in June.
drkamikaze 2011 WSOP + side action (winner Venetian HORSE and 5th in WSOP event 22 in 2011) Quote

      
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