read the other sticky in this forum, should explain how to do that. this forum is not the place to post looking for references tho.

Ya like doggz said, there will definitely be a lot of investors willing to give cash in vegas. You just need to include in your post that you're only taking cash irl, which may make your package harder to sell, because your clientele is going to be a lot smaller.

I am very new to the site but not new to investing in players. I do not expect to know the details of hand or when they win a large pot. I do however enjoying knowing what their chip counts are every other break. I only play live and text people during play. I do not feel it is so much to ask to have an update every few hours.

Does anyone have tips for getting staked as purely a live player? I am not into the online play as I always have access to live cash and tournaments. I am new to big fields and have gone very deep but have no significant cashes. I have great results in tournaments with 100 people or less. Any tips would be much appriciated.

I also feel like there should be some kind of minimum investment that the player is making...like, selling 80% of yourself at 1.25 which = zero investment for you IMO should not be allowed by the marketplace. It just sets too much of a poor precedent, and allows for more shadiness to occur. Thoughts/feelings on this? just let people do what they want and choose not to invest in those packages?

Who is going to police this? What about the large events like the Main? Surely there are some players who are not rolled for a 1k or 2k shot with their BR but might be good buys for the tournament.

Is it our job to prevent marketplace fish from buying from players they shouldn't? Again, who is going to police this?

ya i think you're right. it just really tilts me when i see people freerolling events, especially when they're not +ev buys, but obv thats fine if they want to do that. Tilts me even harder when people are making money off it selling action, just comes off as scummy to me.

Just my viewpoint as someone who will probably sell a package/invest in packages...there is absolutely no reason why u cant on break replay a couple hands and note on ur cell to post later. Even if its something like "folded every hand for 2 hours at 150-3 level, live poker blows"
It's live so yeah ur going to miss a couple important hands and maybe its not even important at all. But cmon ur reducing ur variance and getting paid a pretty large amount for it, u can afford 5 minutes a break after u piss to make 2 notes. I mean personally if someone busts 6 tourneys with no updates I'm going to imagine someone whos a bit steamed and probably not playing to the best of their ability.

When u write down ur bustout hands, it can help u think wow maybe cold 4 balling 8-10 wasnt that great. Even if it was fine, at least u take the time to think about it while telling ur investors. As far as trust issues I think the investors really need to look at ppl's sharkscope, opr, table ratings etc. If ur truly trying to invest wisely, the signs r probably there for u to see. A guy who plays $65 avg buyin but yet bled off 60k playing 200-400 limit last year is probably not who u want to be staking even if they r an absolute sicko....

The buy-ins are so big that there are going to be plenty of players good enough to beat the games that can't afford to put their own money into it.

Checking up on any potential degen activity is definitely recommended and could probably have kept a few people from getting burned last year.

I'm starting to think about the package I'll be listing this year, and this sticky has been immensely helpful. Some of the things I will be doing will include: pictures of receipts w/chip, updates at every break via twitter (at least), possibly pre-registering for all events and posting proof. Something I am CONSIDERING doing is posting a bank statement to show proof of sufficient funds since there is a pervading fear of horses rolling.

Now i wouldnt post up your bank account to show funds doesnt prove anything besides the fact you can afford your %...instead best to have 2+2 references and some volume of online play...

Posting pictures of the receipts is great if your playin the wsop, also sharkscope keeps track of wsop live play so you will be tracked that way as well.

Best of luck

Would obviously have references, too, but I would think investors would appreciate some degree of collateral.

Having the funds in your bank account still provides zero collateral to investors so I'm not sure what this would accomplish.

i think there is plenty of time to update your investors after a quick bathroom break...They are investing their money into you...you can invest five min. every other hr.

Hey guys,
Looking to get bought out in about 3-4 events throughout the World Series, and I was wondering what the best way to go about this would be.
thanks

step 1: find people with money to give to poker players
step 2: convince them u are good
step 3: obtain moneys
step 4: win bracelet

yep yep

for wsop if you make final 20 of a tourney pokernews will be doing your tweeting for you

and everyones different. personally after a big hand won or lost firing off a couple twitters allows me to collect myself and not let emotion effect my play as much

It really baffles me how people can accept 10s of thousands from people and not have the common courtesy, hell business sense to provide timely updates, peace of mind to investors

Comments

1. I think that a lot of what has been said itt is good advice/brainstorming. But, I think some thoughts/ideas people have shared have been more "Personal Preference" then what is best for the entire community. I say keep the discussion going keeping this in mind.

2. With new business/practices/communities etc. there is always going to be new and unforeseen problems/issues/tweaks because people haven't "tested" the waters. Last year was a new and unusual beast. I don't think people who made honest mistakes should be "hung" (no pun intended) for doing so.

I look at myself. I am someone who made multi packages. (Why did I do it?) I did it because like someone mentioned already. My first package sold out quick, and there were other higher buy in tournaments that I felt I was +ev in that i wanted to play.

Look, everyone isn't JPOSU and can put up a 70k package and be confident that it is going to sell out. I think the better your rep/results are the more beneficial it would/will be to the investors if you just sell one really big package. But for the people who don't have as much rep selling 2 or 3 packages might be the best way for them to secure playing full schedules.

I think that investors now know what questions to ask in this regard, and priority "should" be given to investors of your first package if you do put up subsequent packages...

** Also remember that bigger $$ package prices out a large majority of the marketplace. There are a ton of investors in the marketplace that should get a chance at WSOP action. And the people who put up 2-3 small packages gives this group a shot.

Question

What does everyone think about adding expenses into Mark Up? I know for me personally, staying in vegas for 2 months got extremely expensive..

Should players be allowed to add % MU for expenses? If so how much?

Pretty sure I nor anyone else has a problem with people selling multiple packages. The problem last year was simply people like you and many others (honestly not trying to attack you personally here) put up a package of stuff that was probably the softest and best value tourneys before the marketplace blew up and everyone's stuff was selling like crazy. When everyone realized how easy it was to sell shares, they then made new packages with tougher/bigger/more tourneys that they probably weren't sure they could include in the original package.

Our problem is that I'm fairly certain none of these people consulted their original investors whose share value would be affected by these new packages.

These people just saw an opportunity to play more tournaments and bigger buyins than they had ever planned and in some cases bigger they had ever played before and decided to take it.

This year I'm sure that no one will have issues selling multiple packages as long as they state their intentions in advance while selling their first package.

LOL no. It is really not the investors concern whatsoever how much it costs to stay in Vegas. They are investing because they feel the tournament will be profitable. Whether YOU the player are profitable for yourself considering expenses is completely irrelevant.

I just don't understand why you think this would be beneficial to investors in any way. Like this has been the standard since this forum began but you basically want investors to start giving up money and value for literally no reason.

agree with everything stated above. good post sir. UL @ LAPC today.

absolutely correct imo.

OT, but I missed the unintended pun here... Anyone?

JP-

Here is my 2nd package from last year... I find it to not be "higher" buy-ins or tougher, just additions for me. Also, you can see that I did contact investors from my first package and reserved shares for them.

http://forumserver.twoplustwo.com/18...hedule-787162/

*** I did try and sell action to the 10k PLH Championship which was my personal learning experience and does fall under much of you were talking about JP.

LOL no. It is really not the investors concern whatsoever how much it costs to stay in Vegas. They are investing because they feel the tournament will be profitable. Whether YOU the player are profitable for yourself considering expenses is completely irrelevant.

I just don't understand why you think this would be beneficial to investors in any way. Like this has been the standard since this forum began but you basically want investors to start giving up money and value for literally no reason.

TBH JP Mainly I was asking because I have seen this happen in the Marketplace before, and investors did not have a problem with it. I don't recall me saying it would be beneficial to investors at all or that I want investors to give up $$ or value. Going off past experience of seeing this happen already ( I will try and find the thread(s) ) in BAPs... I simply stated that it is expensive to be in vegas for 2 months and wanted to open this up to discussion (since we are talking about making this years experience optimal)

I def. think that costs of living should be the responsibility of the player and not the investor.
I have no qualms about multiple packages but only if they don't overlap with the original package. I saw last year a few players who put a second or third package up with tourneys that start the same day or the next day from tourneys that were in the original package. This is unacceptable imo.

[QUOTE=.



LOL no. It is really not the investors concern whatsoever how much it costs to stay in Vegas. They are investing because they feel the tournament will be profitable. Whether YOU the player are profitable for yourself considering expenses is completely irrelevant.

I just don't understand why you think this would be beneficial to investors in any way. Like this has been the standard since this forum began but you basically want investors to start giving up money and value for literally no reason.[/QUOTE]+1.... WELL SAID JP OSU

I also see alot of players trying to sell packages and have no references or no online volume, I mean players seriously -start grinding online and prove your skill , sell online packages first and show ur trustworthy, yes this will take time but this community isnt built off over night celebs.

Mark up-Same live players with no references and no online volume, you seriously shouldnt mark up anything in your packages unless your a live guru that has proven results ...Mark up should only go to those who deserve it making mark up huge in your package makes it -ev imo..

Again build your 2+2 rep get online volume going sell smaller packages first and move build up to a wsop package or wpt package . Gl

I'm planning on doing a gigantic package for all of my WSOP action this year. However I have some concerns:

My package is rather large, it's about 88k after markup. How in the world can I cash that out? I'm assuming most people won't be paying in cash.

Would it be insane to start a WSOP package this early so that I can have more time to get it all cashed out, or to find investors who want to pay in cash?