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WSOP (venetian, caesars, etc) 2011 Guidelines WSOP (venetian, caesars, etc) 2011 Guidelines

03-29-2011 , 01:41 AM
Quote:
Originally Posted by rrinker
I'm going to be doing a package with a lot of 1k, 1.5k, 2k, 2.5k's. I also want to include the $10,000 limit championship. I'm going to look like a rookie to investors. Do you many people will have a problem with that included? Thanks
It will def make your package harder to sell
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
03-29-2011 , 01:36 PM
Quote:
Originally Posted by rrinker
I'm going to be doing a package with a lot of 1k, 1.5k, 2k, 2.5k's. I also want to include the $10,000 limit championship. I'm going to look like a rookie to investors. Do you many people will have a problem with that included? Thanks

I can't see your stats so it's tough to form an opinion on your "worth" but you may want to break these into 2 different packages because comparing the Limit tourney and the relative low buy in NL tourneys is like apples and pizza.
If you want to group them you might want to do individual M.U's for each event.
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
03-30-2011 , 03:26 PM
Did Caesar's schedule come out yet?
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
03-30-2011 , 03:32 PM
The last I heard they hadn't even started working on what they were doing over the summer.
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
03-30-2011 , 04:00 PM
They aren't going to be doing much... Their tournaments are pretty lame imo..... But, if you like super small fields with little $$ uptop vs soft field, guess they are for you..
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
03-30-2011 , 06:30 PM
for any people who are investors in the wsop, do most of you hang out in vegas? prefer to pay your shares in person? how do you feel about investing in canadians?

id like to see any interest in a stake for a few wsop tournies as i am from canada, i need some info on the tax side of it all (links?) as well i would prefer any investor to transfer there shares live (meet in person, good trust builder etc..)
if anyone would like to give me some advice i would greatly apreciate it before i set up a bap pm me or just post

thx
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
03-31-2011 , 02:36 AM
Quote:
Originally Posted by Tourbound68
They aren't going to be doing much... Their tournaments are pretty lame imo..... But, if you like super small fields with little $$ uptop vs soft field, guess they are for you..
this except for their 1k main..... had about 700 last year iirc.
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-01-2011 , 03:23 AM
I saw what happened to a recent poster who was asking for too much markup, so I thought I'd seek some opinions before I make a selling shares thread for the WSOP. I think this is OK here - apologies if in the wrong place.

I'm kind of an interesting case. I've crushed online for 300k+ lifetime with a graph that just goes straight up and am up 180k in the past four months, currently 7th on scope's any game any stakes leaderboard for 2011 (almost all from Heads Up). However, my MTT experience is currently very limited (only one online cash for ~10k) and my live experience is low as well. I'll be playing a very soft schedule as listed here with just the lowest buy-in events and the main event. Given how well I've done at mid-high stakes sngs, I'm planning to ask for 1.28 in prelim events and 1.35 for the main - is this within the realm of reason?

I have plenty of references as to my character/that I don't do things half-assed. I know people have a lot of opinions about markup, but I take the side that the player's travel/hotel expenses don't matter in the slightest, and that it's all about the edge in the actual tournament and what markup they can sell at that makes it still +EV enough for investors to want to invest. But I know people can get upset and feel that respected members of the community are trying to trick people into -EV bets by charging too high markup and I want no part of that. So I'd like to know ahead of time if that's what it's going to be seen like, or if this is a reasonable line I should be fine throwing out there.
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-01-2011 , 05:17 AM
What is protocol regarding skipping/substituting events? I'm thinking of playing as many WSOP/Venetian tourneys as I possibly can, so the package might get large, but I obv won't be playing even close to all of the tourneys listed in the package because of day 2s and 3s and stuff. Does money just get returned in cases like this if you are skipping an event because you are going deep in a previous event from the same package? What about if you, say, make day 3 of a tourney from one package and have to skip a tourney starting that day in another package?
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-01-2011 , 01:00 PM
Put them all in one package.
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-01-2011 , 05:08 PM
Quote:
Originally Posted by DoGGz
Put them all in one package.
Yeah I get that, but I'm more concerned with like, making day 2 of a 1500 then skipping a 2500 that starts the next day or something because of it multiple times over the course of the series because I listed an event almost every day. Should I just make a schedule with minimal overlap or is it ok to just make a big schedule and do lots of refunds when stuff like that happens? I'm assuming this is what augie is doing if his package is going to be so big.

I think I already know the answers to these questions, but I just want to confirm so I don't accidentally do something sketchy or whatever after making a package.
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-01-2011 , 05:17 PM
Quote:
Originally Posted by JoeDeertay
Yeah I get that, but I'm more concerned with like, making day 2 of a 1500 then skipping a 2500 that starts the next day or something because of it multiple times over the course of the series because I listed an event almost every day. Should I just make a schedule with minimal overlap or is it ok to just make a big schedule and do lots of refunds when stuff like that happens? I'm assuming this is what augie is doing if his package is going to be so big.

I think I already know the answers to these questions, but I just want to confirm so I don't accidentally do something sketchy or whatever after making a package.
Yes, it's fair and somewhat expected that you won't play every single event. In an effort to be as fair as possible to investors, you can markup events separately so when you refund them they are getting the correct expected money back. I created a spreadsheet to do just that if you are posting a large package.
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-02-2011 , 09:20 AM
Thoughts on a better than average player with both online and live results charging .35 MU on WSOP Main and 1ks and 1.5ks??
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-04-2011 , 11:10 AM
Thoughts on these HOF WSOP packages going up....
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-04-2011 , 12:27 PM
HOF?
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-04-2011 , 04:22 PM
Quote:
Originally Posted by Tourbound68
Thoughts on these HOF WSOP packages going up....
lol


pretty sure i know which ones you are talking about. should be fun when some people see them
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-04-2011 , 04:58 PM
Quote:
Originally Posted by Zima421
lol


pretty sure i know which ones you are talking about. should be fun when some people see them
This!!!
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-05-2011 , 08:33 AM
Cross-posted from http://forumserver.twoplustwo.com/18...n-10k-1001130/, I think it's relevant here:


Quote:
Originally Posted by Marcos Sketch
The staking thing should be treated more professionally (by both parties, but specially the seller). Mainly in aspect to things like posting a detailed description of the deal, detailed schedule, checking/updating the thread regularly, providing feedback of the tourneys played, etc.

Most players, however, seem to think that it's ok to just post their schedule, get the money, play, and ship the profit. But no kind of business (specially sales!!) would be done that way, so why should staking be?

Maybe it has to do with players having the disregard-to-money characteristic, or with most of them being young. But in any other business on life, whenever you deal with other people's money you gotta be very careful, clear and transparent on all your actions to avoid exactly this kind of outcome.

Not coming back to the thread to post the list of investors, status, or to close the thread (ie. "ok, all booked" or "thread closed" or "john booked, mark reserved, peter pending shipment") was a clear mistake, and was the one Tmay420 commited. Most people, like Tmay, excuse that they are unexperienced, but a 10min-look at older staking threads would teach you how to do it.

This behaviour is not that uncommon on the marketplace: There was one guy for example, that sold action to the PCA and didn't ever come back to make a single post in his thread, even 15 days after the PCA was finished and buyers were begging for updates/results. He was, however, posting in other threads.
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04-05-2011 , 08:34 PM
Theoretically, how do such promotions as if you qualify via Full Tilt you get an extra 10 million for first place and/or if you qualify on full tilt you get a 2012 Main event seat if you are able to cash work with selling a percentage of your action. I know Stars last year said if you cashed you also got a free PCA $15k package as well. Are these promotional give aways tied into selling a percentage of yourself, are they considered profit from the event and are your shareholders entitled to any of this? Or is it common practice to just keep all of that separate?
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-05-2011 , 08:37 PM
Quote:
Originally Posted by The Rat Pack
Theoretically, how do such promotions as if you qualify via Full Tilt you get an extra 10 million for first place and/or if you qualify on full tilt you get a 2012 Main event seat if you are able to cash work with selling a percentage of your action. I know Stars last year said if you cashed you also got a free PCA $15k package as well. Are these promotional give aways tied into selling a percentage of yourself, are they considered profit from the event and are your shareholders entitled to any of this? Or is it common practice to just keep all of that separate?
It's generally all the players unless he posts otherwise.
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-05-2011 , 08:38 PM
Quote:
Originally Posted by The Rat Pack
Theoretically, how do such promotions as if you qualify via Full Tilt you get an extra 10 million for first place and/or if you qualify on full tilt you get a 2012 Main event seat if you are able to cash work with selling a percentage of your action. I know Stars last year said if you cashed you also got a free PCA $15k package as well. Are these promotional give aways tied into selling a percentage of yourself, are they considered profit from the event and are your shareholders entitled to any of this? Or is it common practice to just keep all of that separate?
This is entirely up to the seller. Most packages don't include these benefits.. but say you don't have the BR to play the M.E an extra like the ones you listed could be all it takes to get your package sold.
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-05-2011 , 08:39 PM
Quote:
Originally Posted by The Rat Pack
Theoretically, how do such promotions as if you qualify via Full Tilt you get an extra 10 million for first place and/or if you qualify on full tilt you get a 2012 Main event seat if you are able to cash work with selling a percentage of your action. I know Stars last year said if you cashed you also got a free PCA $15k package as well. Are these promotional give aways tied into selling a percentage of yourself, are they considered profit from the event and are your shareholders entitled to any of this? Or is it common practice to just keep all of that separate?
I'd say all of those you mentioned should (and usually it's like that) be rewarded to the player and not to the package. When you invest in some player, you shouldn't count on sponsorship potential. If that was the case, some players would be right to charge more because they got more sponsorship potential. (It'd also make everything a lot more complicated)

But every package for sale is the way you propose it to be. If you wanna include this patch-sponsorship as a bonus to the package, that might make it more attractive. I just don't like it because, imo, it's confusion-magnet as well.
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-06-2011 , 02:25 AM
Ok cool. Thats what I figured but I just wanted to double check.
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-07-2011 , 06:03 PM
This is a super micro money question. I am new to the forum obv. I want to buy 1% of some WSOP packages and am really interested in ME shares. My question is about taxes. I am Canadain if it matters. If I invest say 1000 dollars and my horses runs well and my share cash's out at 10000. Should expect to incounter tax issues with my horse??? What dollar amount does it begin to get sticky?? Thanks in advance for your time.
WSOP (venetian, caesars, etc) 2011 Guidelines Quote
04-07-2011 , 06:09 PM
Quote:
Originally Posted by Best in Syd
This is a super micro money question. I am new to the forum obv. I want to buy 1% of some WSOP packages and am really interested in ME shares. My question is about taxes. I am Canadain if it matters. If I invest say 1000 dollars and my horses runs well and my share cash's out at 10000. Should expect to incounter tax issues with my horse??? What dollar amount does it begin to get sticky?? Thanks in advance for your time.
Yes? (not 100% sure for investors), $5000.
WSOP (venetian, caesars, etc) 2011 Guidelines Quote

      
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