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Marvin Rettenmaier Winstar 00 Marvin Rettenmaier Winstar 00

08-30-2018 , 09:34 PM
Winstar River Series $2,000,000 gtd. Main Sept 1-4 '18

I'm selling 20% of my $2500 Winstar main at 2.2 on bullets started by bb400, 1.8 for bullets after that (I wont reenter past bb400 on 1A)

I think it is the second highest ROI tourney in the US after the WSOP main and I consider myself second to none in these very soft fields.

https://www.winstarworldcasino.com/l...-poker-series/

http://pokerdb.thehendonmob.com/player.php?n=156655


4 bullets:

5%=$1100

20%=$4400


I can take most payment methods.
You are responsible for your own taxes.
I'll provide you with updates and HHs if they are interesting/funny enough.
Marvin Rettenmaier Winstar 00 Quote
08-30-2018 , 10:49 PM
Quote:
Originally Posted by MadMarvin
Winstar River Series $2,000,000 gtd. Main Sept 1-4 '18

I'm selling 20% of my $2500 Winstar main at 2.2 on bullets started by bb400, 1.8 for bullets after that (I wont reenter past bb400 on 1A)

I think it is the second highest ROI tourney in the US after the WSOP main and I consider myself second to none in these very soft fields.

https://www.winstarworldcasino.com/l...-poker-series/

http://pokerdb.thehendonmob.com/player.php?n=156655


4 bullets:

5%=$1100

20%=$4400


I can take most payment methods.
You are responsible for your own taxes.
I'll provide you with updates and HHs if they are interesting/funny enough.
If this is a 4 bullet only investment, I think the pricing could be structured in a better way for investors so that their gearing/leverage on their money is much flatter for any number of bullets used scenarios, and to be frank, so that you are somewhat financially penalised for torching (possibly punting with) earlier bullets, which at a high MU you have scope to do.


E.g.

If only 1 bullet used..... MU 2.5 20% $1250
2 bullets used, universal MU 2.2 20% $2200
3 bullets used, universal MU 1.9 20% $2850
4 bullets used, universal MU 1.7 20% $3400
Marvin Rettenmaier Winstar 00 Quote
08-31-2018 , 12:30 AM
Quote:
Originally Posted by SageDonkey
If this is a 4 bullet only investment, I think the pricing could be structured in a better way for investors so that their gearing/leverage on their money is much flatter for any number of bullets used scenarios, and to be frank, so that you are somewhat financially penalised for torching (possibly punting with) earlier bullets, which at a high MU you have scope to do.


E.g.

If only 1 bullet used..... MU 2.5 20% $1250
2 bullets used, universal MU 2.2 20% $2200
3 bullets used, universal MU 1.9 20% $2850
4 bullets used, universal MU 1.7 20% $3400
Hey, thanks for the input - even tho I would always respect my investors money and treat it as if I had 100% of myself, I agree that maybe I should get punished a bit for firing multiple bullets.
I think 2.5 for the first bullet is too much - and your numbers would lead to 1.3 for bullet number 3 and 1.1 for bullet number 4 which just seems very low.

I'm definitely open to change the pricing structure if there is interest.

Also I was going to only sell/colletct for 4 bullets in here since the chance of me needing more than that is just super low. I'd say the average of bullets fired should be around 2.5.
I'd definitely play as many as I can and follow up w investors on eventual further bullets.
Marvin Rettenmaier Winstar 00 Quote
08-31-2018 , 04:27 AM
Quote:
Originally Posted by MadMarvin
Hey, thanks for the input - even tho I would always respect my investors money and treat it as if I had 100% of myself, I agree that maybe I should get punished a bit for firing multiple bullets.
I think 2.5 for the first bullet is too much - and your numbers would lead to 1.3 for bullet number 3 and 1.1 for bullet number 4 which just seems very low.

I'm definitely open to change the pricing structure if there is interest.

Also I was going to only sell/colletct for 4 bullets in here since the chance of me needing more than that is just super low. I'd say the average of bullets fired should be around 2.5.
I'd definitely play as many as I can and follow up w investors on eventual further bullets.
I'm not saying you'd punt a stack, but the nature of having multiple bullets means you can make "re-entry plays", pressurising tighter or less well rolled players and at ~2.0 MU it makes sense for you to do this more aggressively than if the MU was ~1.2, so at ~2.0 there is a greater expectation of investors losing more than one bullet because your risk/reward profile is suited to aggressively playing earlier bullets.

So I think the pricing gradient is more logically based on the number of bullets used rather than how deep/shallow it is at the point of re-entry.

Last edited by SageDonkey; 08-31-2018 at 04:38 AM. Reason: Editing down to 100 words.
Marvin Rettenmaier Winstar 00 Quote
09-16-2018 , 07:13 PM
Marvin,

Hate to say it to a great guy and one of the biggest backers in the game, but have you paid a >1.5 markup on any of your numerous horses anytime in the last 3 years? Or were you simply trying to check out what the marketplace could bear?

P.S. I am a pretty big backer (although by no means as big as you are) and not some troll for the record.
Marvin Rettenmaier Winstar 00 Quote

      
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