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**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** **OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010**

11-26-2010 , 12:17 AM
Passed minbet threshold...working on "full buyin" now.

$20k week looking doubtful, unless someone wants to ship me $18k or so.
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 01:37 AM
Almost there, OP...


Last edited by King Fish; 11-26-2010 at 01:40 AM. Reason: If i include rakeback I am prob there...but I think that's against the spirit of my self-imposed betting limit.
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 01:45 AM
Quote:
Originally Posted by KakiTee
dw silent1, getting average odds, and being in for a large piece of ur roll definitely builds a decent amount of karma

feel free to lose tho
ya, i keep telling myself im EXPECTED to lose just so im not disappointed if i lose. though, gonna give this 100% of my attention next month (besides christmas, newyears ev) and hopefully i make it a sweat!

Quote:
Originally Posted by King Fish
Almost there, OP...

i think betting 900$ is better than 1000$ anyways, just cause with 1000$ id have to put up 166.666666666666666666...
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 02:05 AM
Quote:
Originally Posted by Silent_0ne
i think betting 900$ is better than 1000$ anyways, just cause with 1000$ id have to put up 166.666666666666666666...
Yeah yeah I was figuring that, too. But I figure it I get to 1200 you'd still accept it . Maybe I'll just ship @$900 and call it early. Or I can sell $9.999999999999999999999999 of my action on the blackmarket at a ridic markup!


I do think you have a slight edge in this no one is talking about, and that is I assume you are going to do everything in your power to make sure PTR tracks your hands, and other regs will likely not be doing this. This may lead to close to 100% of your hands being tracked, vs XX% from the field.

Even assuming this, I think 6-1 (or 10-1 even) is more than fair, but I don't think you are DOA by any means. Although this bet does bring to mind Sky Masterson's quote...

"One of these days in your travels, a guy is going to show you a brand-new deck of cards on which the seal is not yet broken. Then this guy is going to offer to bet you that he can make the jack of spades jump out of this brand-new deck of cards and squirt cider in your ear. But, son, do not accept this bet, because as sure as you stand there, you're going to wind up with an ear full of cider."

Eff it. I like cider.
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 02:08 AM
sorry to be a donk but does getting the ultimate grinder award mean you played the most hands or won the most money at that limit for that month???
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 02:08 AM
if successful this could be really one of the sickest bets on here ever, since he basically Babe Ruthed it and called his shot.

gogogoogogogogogogo

and u might have stated it already but wat sites were u playing on that gave u such good rakeback?
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 02:15 AM
Quote:
Originally Posted by caddymix024
sorry to be a donk but does getting the ultimate grinder award mean you played the most hands or won the most money at that limit for that month???

won most $
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 02:21 AM
Quote:
Originally Posted by franxic
$1500 sent to jalex on stars
Received.

Quote:
Originally Posted by GoMukYaSelf
I'm in.

Shipped $30,000 to HibachiMahi on FTP. Please confirm when you have a chance.

Question: The 1% escrow fee is coming out of Silent0ne's end of the bet correct? i.e. If I win I will be shipped back $34,950? If not, I think $300 is a bit ridiculous and that I should be paying a lower percentage since I am taking so much of the action i.e. making jalex's life much easier.
Received the $30k. The 1% escrow/judge fee comes out of the ENTIRE pool. So yes, if you are betting $30k, I get $300. Frankly, this is just part of the deal and corresponds to the risk I take escrowing, the time investment I've put in to setup rules that are hopefully bullet proof, etc. The fee corresponds to the amount of money on the line and was based on my hope that silent_0ne would fill his action. The last prop bet I was brought into judge I basically got almost nothing for what turned into 60-80 hours of work, that won't happen again. :P

If you're uncomfortable with this, let me know and I'll ship back your money. Same for anyone else.


Quote:
Originally Posted by caddymix024
sorry to be a donk but does getting the ultimate grinder award mean you played the most hands or won the most money at that limit for that month???
For the love of God, please read the first post in the thread. It means the MOST MONEY.
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 02:35 AM
Quote:
Originally Posted by King Fish
Almost there, OP...

nice work.. good to see ur rio is pos.
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 03:18 AM
escrow to chicagojoey or someone for less big deal
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 03:31 AM
Quote:
Originally Posted by Tumaterminator
escrow to chicagojoey or someone for less big deal
lol i need to start this 1 percent fee, sick idea
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 05:57 AM
the 1% for jalex is completely fair and neccesary, it is protecting both sides here, and ensures we are getting a high quality judge. Sure, we could get someone for free but they wouldnt do nearly as good of a job. A 1% standard fee in bets to the judge/escrow that can only have the position by having full approval of 2+2 community is fair and should be the standard in all bets of this nature/money on the line. This is much better in my opinion then people offering to tip a judge after they win their side of the bet which could create many more problems.
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 09:59 AM
Quote:
Originally Posted by Supernova_Elite
the 1% for jalex is completely fair and neccesary, it is protecting both sides here, and ensures we are getting a high quality judge. Sure, we could get someone for free but they wouldnt do nearly as good of a job. A 1% standard fee in bets to the judge/escrow that can only have the position by having full approval of 2+2 community is fair and should be the standard in all bets of this nature/money on the line. This is much better in my opinion then people offering to tip a judge after they win their side of the bet which could create many more problems.
+1

if i had $30k on the line, i´d prefer havin jalex over any other judge (i recognized). $300 wouldn´t change anything about that.
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 12:09 PM
seems to good to be true. If I wasn't busto I'll def bet against. Since I'm not I really want to see Silent_one ship this. Would probably go down as the sickest prop be on 2+2
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 02:47 PM
Quote:
Originally Posted by franxic
+1

if i had $30k on the line, i´d prefer havin jalex over any other judge (i recognized). $300 wouldn´t change anything about that.
u gotta realize hes betitng 30k to win 5k so if he wins he gets 4700 whihc is kinda alot
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 02:50 PM
Quote:
Originally Posted by Rays champs in 08
u gotta realize hes betitng 30k to win 5k so if he wins he gets 4650 whihc is kinda alot
fyp
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 03:39 PM
Yeah sorry to be a nit... I'm ok with a fee, but with the 6-1 odds I am effectively paying a 6% fee, not 1%. I'm not really thrilled with paying for half of the total fee when my $30k bet represents the same amount of work for a judge as a bet of $300. Whatever, not a dealbreaker. Not really sure where else the fee would come from.
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 03:50 PM
Quote:
Originally Posted by Rays champs in 08
u gotta realize hes betitng 30k to win 5k so if he wins he gets 4650 whihc is kinda alot
Which makes his (and your) effective odds ~6.45:1. Pretty sure anyone betting $30k at 6:1 should be comfortable at ~6.45:1 on this bet. :P

The fact that he's taking a big chunk of action doesn't materially affect the work/risk involved in judging/escrowing. Additionally, I'm not willing to shaft the rest of the bettors by negotiating on the fee, it's the same effective % for everyone, the end.
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 03:55 PM
Quote:
Originally Posted by GoMukYaSelf
Yeah sorry to be a nit... I'm ok with a fee, but with the 6-1 odds I am effectively paying a 6% fee, not 1%. I'm not really thrilled with paying for half of the total fee when my $30k bet represents the same amount of work for a judge as a bet of $300. Whatever, not a dealbreaker. Not really sure where else the fee would come from.

Definitely no need to be sorry, it's a legit question and I want everything above board.

It's not a matter of the work involved for ONE individual, it's the overall work for the entire prop that determined the fee.
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 08:17 PM
king fish and handbaggio, please ship by tomorrow latest! got to find out how much i need to upload on ftp/pokerstars

ty everyone for the good luck wishes, only a couple more days then gonna attempt the biggest task of my life
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-26-2010 , 08:28 PM
U gonna make me play tonight? *&*)(&$@(*$&

fine :P
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-27-2010 , 04:04 AM
if muk backs out of his bet id liek to do the same if thats okay wiht u
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-27-2010 , 04:12 AM
i'm not backing out
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-27-2010 , 04:16 AM
Quote:
Originally Posted by jalexand42
Received.



Received the $30k. The 1% escrow/judge fee comes out of the ENTIRE pool. So yes, if you are betting $30k, I get $300. Frankly, this is just part of the deal and corresponds to the risk I take escrowing, the time investment I've put in to setup rules that are hopefully bullet proof, etc. The fee corresponds to the amount of money on the line and was based on my hope that silent_0ne would fill his action. The last prop bet I was brought into judge I basically got almost nothing for what turned into 60-80 hours of work, that won't happen again. :P

If you're uncomfortable with this, let me know and I'll ship back your money. Same for anyone else.




For the love of God, please read the first post in the thread. It means the MOST MONEY.


I have no money at all
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote
11-27-2010 , 06:24 AM
Is it even worth it for OP to email someone at PTR the link to this thread with hopes it might encourage them to put in any extra effort possible (if any extra effort could be added) to have their stats as close to accurate as possible? Maybe knowing their site will be under a lot of scrutiny this month (not that there isn't always, but accuracy will be at the forefront on this thing) will help ensure OP doesn't miss out on winning sessions...i dunno, couldn't hurt right?
**OFFICIAL PROP BET THREAD- WIN 0NL UGL FOR DEC 2010** Quote

      
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