Quote:
Originally Posted by Jose313
INVESTORS PLEASE CONFIRM VIA PM
I am going to offer another solution to the problem that if one or two investors decide not to invest in the omaha and turbos. Hear me out.
Jose needs to play omaha and turbos to maximize our points EV. It is a no brainer as this 50k prize could come down to two points. If it comes down to one or two investors who do not confirm or do not agree, I suggest that the other investors cover the one or two of the non-confirmers. I think the amount of equity gained in playing these tourneys are worth covering one or two investors who do not. In doing so, the other investors still get the same percent they would have gotten if they did confirm they just do not put any money into it. Essentially the one or two who do not confirm get to free roll on the extra points.
Now I think this is fair for both sides, confirmers and non-confirmers. The confirmers risk only a small percent each to cover the non-confirmers. Lets assume the confirmers each have to cover 1% each of the 650. That is 6 dollars and fifty cents. A small amount that could mean the difference between 50k and not 50k. Just 2% of 50k is 1000 dollars. The chance that Jose cashes is better than 6.50/1000. If it came down to one or two points we would all be sick to lose out imo.
The reason I bring this up is because I do not want it to come down to one or two investors who are just not around the computer in the next 10 hours to confirm. It would be a bummer to lose out on the EV because someone was too busy. This idea relies on investor honesty that they will confirm if they want to and not hold back to try to free roll the rest of us. Also, since we are all confirming via PM, holding out to try to free roll is too risky since no one but Jose knows who has confirmed or not. The risk there is if people hold back and 3 investors dont confirm, no one gets the +EV as we do not invest as a whole.
At 11:15 Jose can give us the results on how many confirms we have and how many non confirms. If the non confirms are one or two then we cover them. If three investors do not confirm, we do not invest.
Sorry it is so long of a post, I hope I explained the idea well enough. Any feedback is appreciated.
kwack
Last edited by kwackbars; 02-29-2012 at 06:02 AM.
Reason: Adding some things