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MTTer selling smaller events at low markup MTTer selling smaller events at low markup

09-25-2010 , 11:12 PM
I'm selling shares for some smaller live events in Europe in October. I've been playing poker full time for a bit under three years and have made about 65k in the last 10 months in online MTTs since making them my main focus as well as about 50k previously on non-tracked sites. I've won the FTP $163 75k for $25k, Stars $109 125k for $26k, three $55s with > 1k players, Stars $11 40k, etc. I've played about 25 live MTTs >$500, most of them this year, with decent results:

chopped top 3/91 in 2007 St. Maarten 3k for $88k
116/4345 in 2010 WSOP $1k for $3300
34/1663 in 2010 WSOP $1500 6-max for $9000
13/3844 in 2010 WSOP $1k for $27,000
live results link

I'm an active staker on Part Time Poker with over $20k currently invested in other players. I've sold shares of myself on PTP several times and on 2+2 for WSOP this year with a solid reputation from all my dealings.


SPT Valencia: Oct 1-3
€1100 ($1463) main event 150k gtd
€330 ($438.90) side event

GSOP Rigged in Riga: Oct 5-10
$1600 main event

Belgian Open Poker Championships: Oct 9-17
€1700 ($2261) main event
€1050 ($1396) side event
€525 ($698.25) side event

Irish Winter Fest: Oct 22-25
€1650 ($2194) main event
€550 ($731.50) side event
€330 ($438.90) side event

(conversion rate: €1 = $1.33)
total: $11,221.55


$125 per 1% (11.1% markup)


I'm selling about 50%. If I don't sell out by the time I play the first event I'll continue to sell the rest at approximately the same markup (rounded to the nearest reasonable round number).

I'm really not sure how many side events I'll get to play but obviously for any unplayed events I'll just return the money including markup.

I'll try to do updates on Twitter if possible but I'm not sure about my phone situation for it in Europe. http://twitter.com/DTrain2727



** I've lost $2-3k on UB and Cake but won about $9k mostly in live sats that aren't tracked properly on iPoker, Ongame, and Everest.
MTTer selling smaller events at low markup Quote
09-25-2010 , 11:21 PM
I've promptly shipped back for $26k and $27k scores in the past 4 months. (One on PTP and one for WSOP on 2+2 here.) Here are a couple people who have given recommendations to me in my WSOP thread:

Quote:
Originally Posted by Callisto 5
can vouch for dorlan's extreme trustworthiness, treated PTP investors and their money with the highest respect. sick player
Quote:
Originally Posted by Penny_Black
Dorlan is not only a hard worker but also a very talented player. I have met him in RL and have seen him play live and online. He is a deep thinker and seeing him play and discussing strategy has made me a better player. I def wouldn't like having him at my table in any of the events listed.
He is a 100% trustworthy person. Putting money on him isn't just +EV it's getting one of the best current investments.

I'll take 1%.
Quote:
Originally Posted by yummyt
I've received your transfer on FT. It was a good experience investing in you. Thanks Dorlan!
MTTer selling smaller events at low markup Quote
09-25-2010 , 11:24 PM
Oops, here's my transfer info:

Stars: DTrain27 (Calgary)
FTP: DTrain27x, C, blonde sweater vest guy
MTTer selling smaller events at low markup Quote
09-25-2010 , 11:38 PM
reserve 5% please
MTTer selling smaller events at low markup Quote
09-26-2010 , 07:21 AM
reserve 2% please
MTTer selling smaller events at low markup Quote
09-26-2010 , 07:57 AM
2% Djebel13 PS. $$$ sent.
MTTer selling smaller events at low markup Quote
09-26-2010 , 11:22 AM
1% reserve will this be tax free or how it will be handled?
MTTer selling smaller events at low markup Quote
09-27-2010 , 11:04 AM
sent my 5% on FTP gl!
MTTer selling smaller events at low markup Quote
09-27-2010 , 12:27 PM
Quote:
Originally Posted by Penny_Black
2% Djebel13 PS. $$$ sent.
Quote:
Originally Posted by EMSBas
sent my 5% on FTP gl!
received tyvm

Quote:
Originally Posted by Supernova_Elite
1% reserve will this be tax free or how it will be handled?
Quote:
Originally Posted by Ledders
reserve 2% please
reserved
MTTer selling smaller events at low markup Quote
09-27-2010 , 01:51 PM
1% on PS, gl
MTTer selling smaller events at low markup Quote
09-27-2010 , 03:15 PM
Quote:
Originally Posted by marek_heinz
1% on PS, gl
received... nice run in the NLO8 the other day
MTTer selling smaller events at low markup Quote
09-27-2010 , 03:24 PM
As for the taxes, in Europe I don't get automatically taxed as a Canadian like I do in the US. I believe I only get taxed basically the same as anyone else selling in the marketplace, if the country withholds from everyone. I've been told this is rare and haven't seen any notices about it in the details about the tournaments. It looks like the event in Spain is in the clear but I'll do more digging to try to be totally sure.
MTTer selling smaller events at low markup Quote
09-28-2010 , 03:29 PM
I've found out from a friend that plays live a lot there's no taxes in Spain and Ireland. I just emailed about the other ones.
MTTer selling smaller events at low markup Quote
09-28-2010 , 04:39 PM
What you get in the casino is taxfree, good luck. I'll be seeing you there !
I am from Belgium, playing the same event.
MTTer selling smaller events at low markup Quote
09-29-2010 , 08:31 PM
3/4 places confirmed no taxes, still waiting to hear back about Riga.
MTTer selling smaller events at low markup Quote
10-01-2010 , 11:32 AM
Only in for 1% now but am definitely in. Thanks for the pm reminder. Will ship in about an hour
MTTer selling smaller events at low markup Quote
10-01-2010 , 12:09 PM
F it, sent for the 2%. p3rc4fanobv on stars
MTTer selling smaller events at low markup Quote
10-01-2010 , 02:30 PM
1% shipped from army_dunn on stars
MTTer selling smaller events at low markup Quote
10-01-2010 , 10:22 PM
Quote:
Originally Posted by Ledders
F it, sent for the 2%. p3rc4fanobv on stars
Quote:
Originally Posted by Supernova_Elite
1% shipped from army_dunn on stars
Thanks, both recieved.
MTTer selling smaller events at low markup Quote
10-01-2010 , 10:44 PM
I created a rail thread and put an update for the SPT Valencia day 1 there. Off to day 2 tomorrow!

http://forumserver.twoplustwo.com/17.../#post21927504
MTTer selling smaller events at low markup Quote

      
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