Do you give your close friends better deals than you do to aquaintances, Im going to play the March 6th Sunday Million on Stars and my friends want in on the action. The set up is:

I alone will be playing the tourney start to finish, (will be an all nighter.... hopefully, as I live in UK, point being, to go deep is going to be 12 hrs minimum time invested, so next day off work obviously) they just want to put up the money.

Can anyone offer a good % to $ for my friends, I want to keep at least 50%, as I have kids, a mortgage....and a wife who would go nuts if I gave away anymore and did well, so have 40%-50% up for grabs.

Whats the best/fairest set up to have in place for the extra prize of the car

I can afford to play it myself, but don't want to win a sh*t load of $$$ and have no one to blow some of it with if I go deep

OR is there a simple breakdown regardless of associations

Cheers

Lee

You could still blow the money with your friends even if you win it all yourself.

But if you insist on letting them buy some of your action, I'd say the best deal you should give them is a straight percentage buy with no markup.

So if they give you 10% of the buy-in, they get 10% of the winnings.

Assuming you're a winning player you should be able to sell pieces at a markup of 10-30% (depending on your edge), so selling them pieces with no markup is gift enough. Not sure what else you had in mind, but a straight sale of shares is a plenty good deal for them.

As far as the car goes, I'd use that as a markup of sorts and tell them if you ship the tournament, you're keeping the car.

If they're unhappy with this arrangement I think they're being greedy and I'd tell my friends to go **** themselves if they wanted more from me. Again, this is assuming you're a winning player and can afford to buy-in on your own dime with no problems. Giving them a percentage is damn nice without any extras tacked on.

if there was one tourney I would never sell a % of action it would be this tourney.

obviously str8 percentage, no mu if you do sell

I will NOT I do not like this investment AT ALL. Period.

Can you elaborate please THAY3R

Lee

give them 1 to 1 imo. If it was a whole sunday schedule i would understand. but its one 215$ mtt and your friends. comon.

i wouldnt worry about the car

A bigger than usual Sunday $215 tho 1m guaranteed 1st place


Lee

have you thought about charging markdown?

no markup imho,

and i mean its understandable that u take monday off, but worrying about the lambo and the 1mio made me chuckle

Hey! A donk will win this.....so I have a chance.....vroom vroom

Do they ship to UK?

lol trust me, u better worry about this AFTER u shipped it

glgl

how epic would it be if OP won after making this thread and worrying about the lambo?

Would be legendary if OP actually would make the final table what a great story!!

your friends probably think this is a good investment, huh?



glgl

play it yourself so you dont have to ship 500k to your friends when u win it, plus u wanna keep the lambo right?

one thing to watch out for is that playing with someone else's money *could* affect your game. i sold 20% of my recent vegas trip to a friend (no markup) and was surprised at how much it made me want to play too tight (i guess because i didn't give my friend credit for understanding variance).

I always charge mu

My friends know nothing about poker so id probably give them a ******* deal than usual and make them think its normal. Im a greedy mother ****er though.

OP makes no sense saying he can afford buy in but is selling pieces anyway to blow the money with people.

yeah that would suck

I'll give 50:1 that OP doesn't make final 100

hahhahahahahaha

I don't understand the reasoning behind keeping the car. Is it because it's difficult to put a valuation on?

During special edition Turbo Takedowns, people would say "if I win, I'm keeping the car" which is absurd since 1st place is just the car (no cash value) and investors sorta get ****ed in the process by going home empty handed.

Out of interest if you ship the Turbo Takedown and ship the $60k and the Car do you have to take the Car or can you get like tourney $ or something in its place?

I fully intend on shipping the TT tomorrow and being a 19yo in the UK id rather not have the car than need to pay $10k a year for car insurance for the car you win.

upwards of 50k runners....sweet ill take that bet :sarcastic smiley: