blonde poker forum

Right, I was pretty hesitant, but with a little encouragement I've decided I'm going to ask for some staking!

Wanting to sell 60% of my action at 1.25 in the upcoming Poker770 tournament - playing Day 1a on Wednesday.
This means I'm putting up £162.20 myself

Therefore 1%= £8.125
5%= £40.625
10%= £81.25

And so on.

I need to sell out in order to play, I'll give a deadline of 1pm on Wednesday.

My background:

Played micro MTTs for the past 3 years, been a consistent winning player.
Unlocked on sharkscope to search my online stats - Gil3000 on both Stars and FT (obviously FT from a little while back)
Played in 2 big live events like this one:
Mincashed Notts UKIPT season 2 a year back;
Played Manchester UKIPT season 2, made Day 2, lost a flip to bust as I homed in on the bubble.
Hendon Mob - http://pokerdb.thehendonmob.com/player.php?a=r&n=188776

Play probably once a week on average live (more so online), £20-£50 F/O's in Walsall, nothing spectacular but been profitable.

For those that don't know, I've been on work placement at Dusk Till Dawn the past 6 months.
Been in the club doing updates on tournaments every weekend for the past 3 months. Just watching and studying my game really has improved the way I play.
As I haven't been able to play much, but constantly railing play at Dusk Till Dawn I'm really eager to play, and what better than Poker770 with it's structure.
I do believe I will have an edge over the majority of online qualifiers, as well as some of the regs since I know a lot of them, having watched them play for hours on end.

No updating for me to do this weekend so I'm free to play, but unfortunately don't have the roll.

Would rather have a bank xfer, or xfer via stars but can be given the money on the day.

I really have no idea whether this staking request will be a success or not, unsure as to whether I have the rep or not to get staked.
Many thanks to Christie for giving me a helping hand with this, levelled myself a few times trying to work this out.
I'm sure I can be vouched for as I work at Dusk Till Dawn every single weekend, have only had a couple of one off stakes in the past.

first staking thread, so don't flame too hard please!

Sold so far:

5% - Dan Edler  Paid (Waiting on transfer)
5% - Luke Davies
5% - Gav Whatley Paid
5% - JK Paid
5% - Dwayne Quinn Paid (Waiting on transfer)
5% - Jo & Dean Paid
5% - Tom Langley Paid
5% - Rich Simmonds Paid
20% - Rob Yong Paid

60/60%

any advice in regards to the way I go about this now or in the future is more than welcome btw
criticism will be taken on board ;)

Change your post to say you are selling 80% @1.25 of a £650 comp

Therefore 1%= £8.125
5%= £40.625
10%= £81.25

Thats how you want it work- otherwise you are selling at 1.0

Dont get confused with these 30/70 after stakebacks sales, which are the worst value ever and should be banned due to praying on peoples naivety

tyty, levelled myself far too many times trying to work this out

Edit- changed to 80%, assuming u dont want to put any money into the buyin

I think most who buy those 30/70 stakebacks understand the people are overselling but fancy a punt? Why ban them?

was going to put 30% of the buyin up myself, then sell the rest at 80/20

Yeah its fine for once. But someone the other day mentioned even if they had a bink they would put the money away and still sell for the following one. 30/70 after stakeback is basically "mates rates"- if people say im in a hole and cant afford to put anything in but fancy a go, then fair play. But selling just taking advantage and saying even if they won the comp they would do the same the following month is pretty ridiculous

nits gonna nit

change to that and it means you are getting £568.75 and 30% of your winnings

the way you have posted makes it confusing

So sic that your first post is from Dubai and it does not say rest mate. Hope you sell out for all your hard work helping tighty with the updates mate. ( there that will help too ).


Just as a matter of interest George/Dave if the 70/30 after stake back is high/ not the best value what is the rough mathematical equivellant when selling at mark up. I think selling at 2.0 is being on a freeroll for 50% of the prize is correct am I right and this is obv an even worse deal than the 70/30 but plenty of guys have sold at this rate.

50/50 after stake back is so 2008 normal is about 80/20 after stackback if the player is good

changing it back to 10% at 1.25 for £65 make things read a little better?

and ty Jason, first weekend off in a loooong time

Ok well if you want to put up 30% of the buyin that is £195. Rest of the buyin is £455

If u sold at 1.0 you could sell 70.00% @ 1.0. You would have 30.00% of yourself and pay 30%
If u sold at 1.1 you could sell 63.36% @ 1.1. You would have 36.64% of yourself and pay 30%
If u sold at 1.2 you could sell 58.33% @ 1.2. You would have 41.67% of yourself and pay 30%
If u sold at 1.3 you could sell 53.85% @ 1.3. You would have 46.15% of yourself and pay 30%

If you only want 30% and dont wanna necessarily pay it

If u sold at 1.0 you could sell 70% @ 1.0. You would have 30% of yourself and pay £195
If u sold at 1.1 you could sell 70% @ 1.1. You would have 30% of yourself and pay £149.50
If u sold at 1.2 you could sell 70% @ 1.2. You would have 30% of yourself and pay £104
If u sold at 1.3 you could sell 70% @ 1.3. You would have 30% of yourself and pay £58.50

makes it confusing for some if you change it to 1.25 people know exactly what they are getting and for what price JMHO
but then again i never stake or get staked so maybe i am out of touch with the kids

edited with help from Dan Edler, the hero
all reads golden now, yes?

looks good now good luck with this

ty :)

"should be banned due to praying on peoples naivety"

Well thanks for that accusation Dave. You've managed to embarrass me if nothing else.

My last stakers include Matt Russell, Tony Kendall, Nick Hicks & Keith Hawkins, (among others) I'm sure they have their own reasons for buying a piece of me occasionally, and they are probably not based on how good the value is.

There are other possibilities you know. These people may well be, shall we say, a little philanthropic, but I can assure you they are certainly not naive.

It must be nice to be in a position where you don't need staking, but can pass judgement on those who do.

 

If you want to get offended it's upto you. It's obviously worse value than those selling at non 30/70 nonsense. I would sell at a lower price than the 30/70ers for the same comp which says it all

But as I said I have no problem people needing a hand for a comp, I've needed more hands than the whole forum combined id guess and will do again no doubt. Just don't think it's right sellers dont realise they are being done a favour at these rates and not visa versa

It wasn't a dig at you personally, you are likeable and honest, and could just say under it and people would buy as you would if it was reversed

You are just assuming that  sellers don't realise they are being done a favour at these rates and not visa versa. I do, and so do most others imo.

I have no problem with your opinion as you have now expressed it, but with respect, you didn't say "Sellers don't realise they are being done a favour".  You said,  "should be banned due to praying on peoples naivety"  Which is a different thing entirely.

I should have readdressed it as ungrateful multiple sellers. Apologies.

10% of next Dtd pls haha :)

people selling 100% and recieving 30% of the cash is the equivelent of selling at a shade over 1.4

people selling 70% at just above 1.4 is the same, worded differently but the same  

dunno if people are being sneaky doing the first rather than the second or if its shrewd or if they haven't given it a thought. Both are effectively a 30% freeroll just incase anyone is struggling for the figures.

this is without stake back ^^^^  with stake back its a shade over 1.3

I thunk its a bit unfair to cover all people that have done 70/30 deals with the same brush. I was as open as I could be and gave stakeback so a to cut the markup. I had 1 pm saying I may have to look at dropping to 25/75, but I sold out at the former.

I never thought for one second that the deal I was offering was an amazing one, nor do I feel I was doing my backers a favour playing. I just have no other way to play a £560 event and didnt want to miss such a massive prizepool. Im sure Tom feels the same way.

Not offended here, just giving my view.

Will take 5% for the sweat jon. Will you be at DTD this week?

almost anybody with 1k+ posts can and will sell out for any tournament under 2k on this forum. For people who buy pieces reguarly its actually quite dangerous and bad.

I've bought as high as 1.6 this year and on average at about 1.25, probably just about got value. I've sold once this year and sold at 1.15 and insta had people telling me that I should sell higher etc. I know its a market here and you can sell whatever you like at whatever price as long as people buy but I really think there should be some kind of guidelines and it should always be x% at 1.x because alot of the time people buying into these 30/70 deals don't realise how much markup they are paying or how profitable the deal is. This is coming from somebody who bought and profited from a 30/70 deal this weekend.

I didnt want to say myself...

I think you badly misunderstand why some of us buy action in some players, & our intelligence, with due respect.

I know precisely what I am paying, & do so with my eyes wide open. I have a very defined list of individuals for whom I do it, too.

No regrets here whatsoever, & long may it last.

I hope this does not come across as rude, it is not intended to.

If you ask for 100% staking I assume you have no bankroll to speak of ?.... to ask for 100% continuously in £500 + comps is not a one off but either a monster freeroll or playing massively outside of bankroll... did Dubai say that even if cashed nicely would still ask for 100% staking ? that can't be right can it ?

People can ask whatever they so wish - nobody, ever, is forced to buy.

I would like to assume that most who buy action know how many beans make five, too.

these are questions not statements...u urself are a great advocate of playing within ur means...just saying..no offense

lol I don't doubt that you know exactly what you are doing. You are obviously shrewd guy, however I think many many people will "have a punt" when they are really not getting a good deal.

I think if somebody is going to have a big win and keep asking for staking then they should probably be in makeup with regular buyers.

people understand %'s a lot better, 1.0, 1.5, 1.2, 1.3 etc all very easy to understand, I just think sometimes people punt in the 30/70 delas thinking they are getting a better deal as they only need to pay £55 for 10% rather than £66 from somebody selling at a higher mark up etc.

Hope this isn't looking like a big debate and sorry to derail the thread but I like talking about staking and think its important that the market stays in good shape.

New thread on The Rail so as to not mess up Jons thread any more than it is? Think this is a very good discussion

its similar to paying tax before and after the horse wins hard held

http://blondepoker.com/forum/index.php?topic=56992.0

If you want a chance of selling out to random people who don't know you you'll need to drop the mark up I think.

1.25 with no pedigree is very much mates rates.

If you sell at 1:1 you get to keep 25% for yourself for the same investment you're looking at now but you will almost definitely sell out.

Hopefully you'll sell anyway but if you're struggling this might help.

Good luck.

Matt

Hero, ty
will be at DTD for as long as I am in the comp, providing I sell out

Will bring it you tmoro then if you do. GL!

tyty
and yeah I was worried about this Matt, but will continue to try and sell out at this rate - may just have a chance of getting there

bad attitude imo. Basically admitting its bad value then keeping the rate the same

I don't think it's bad value - I'm just not sure whether I have the rep on here to be able to sell out

yeh dude you gotta take a hit though to start off

yeah that's fair - think I may be able to reach it by selling bits and pieces to some other people not on blonde
it's also nice to get a feeler as to how much interest I can get on here, for both present and future reference if I decide to run other BAPs in regards to pricing
obviously reputations need to be built

Rob offered to put the remaining amount up for me, which means we will be in action tomorrow!
Will bring updates to this thread each break

well done mate and gl. defo deserve it for the work you do

Good luck mate,play well.

'someone' was me and i stand by that and have explained why in JK's thread on the Rail. Calling my attitude 'ridiculous' is clearly your opinionated view and people can choose to follow that view if they wiish but I have other stuff to spend my money on and feel people are missing the point that these staking threads are very much a two-way benefit. I don't see that as 'taking advantage' at all but if you want to cast aspersions on my character and intensions then fine, but i am sure those that staked me (nearly all of who actually know me) can vouch otherwise.
thanks

end of Level 2 - 78k

Got direct position on Deadman, was oop to Tom Hall who has now been moved.
Not a bad starting table, just one player who seems to be flatting or raising pre, then floating all flops

Good luck mate. If Rob hadnt bought it id already said to couple people I was gonna take it all as apology for derailing the thread. So win it and give me another staking badbeat story :)

Very nice gesture A*

Gl in what looks like a tough field so far

hero, very nice of you :)

End of level 4 - 85k going into 300/600/50. 60 entries so far, 55 remaining.
good players at my table bar one station, who has direct position on me

end of level 6 - 165k.
Table has got stronger with Ben Vinson and zerofive.

Made a nice double, UTG+1 makes it 1400, we flat with AJ, so does bb.
Flop - AAJ
check from sb, original raiser makes it 1100. I make it 3000, doesnt look like we can rep much.
sb folds, raiser makes it 6k. we flat.
Turn - 8.
he bets 11k after tanking for about 3 mins, we call.
river - 3.
He tanks for a minute or so, ships it for like 40k, obv we snap, he instamucks.

Finish the day with 189k.
Had a horrible table at the end, thank the lord for the redraw come friday
average at 112k, blinds 600/1200 when we return

Wiiiii Day2aments. VBOL

Looked like a tough field with very few recreational players. Day 2 should be easier and it's always nice to win your last longer bet with the Boss :)

To summarise:

The field was ridic, when compared to something like the £500 DS.
I expect plenty of the online qualifiers will be in it tomorrow, building up the prizepool.
I honestly think my table at the end was the toughest out there, don't think at any point during the tourney I had less than 4 pros on it.

Weird spot of the day:

AA at 100/200, we make it 450.
Villain makes it 1300.
We make it 4000.
He now makes it 11k.
No notes on villain, haven't seen him at DTD before though, not in the big ones - if he's not that good, he's going broke with KK, maybe QQ.
However he knows I'm being backed which I was hoping to use to my advantage later, so he knows I'm not going crazy with a weak hand.
We both have 60k behind which is the ridiculous thing about this pot. If I have 200 bigs I probs flat, but I don't fancy risking tourney life by going to a flop and getting it in there, or on the turn.
I make it 28k, meaning with 40k behind if he peels its perfect stack size to ship on the flop.
He thinks for 10 seconds, passes KK face up.
I just don't like the flat when we are so deep, probs should 6bet less where he has to call if its like 22k or so.
Hand up for discussion, since I've never been in a spot like this, and doubt I ever will be again.

Brag of the day:

Played with Simon Deadman all day.
He basically said he is more than happy to be a reference if I look for a stake in the future since I don't have hendon mob credentials, based on the way I played today.
Clearly thinks I played solid today, means I can genuinely be happy with the way I played.

As Jason said, tomorrow should soften the field and I can't be given a table as tough as I was left with at the end of Day 1.
in before commentators curse.

if you're 500000000000000000000000000000000000000000000000 bbs deep why are we still opening to 2.5x?

vvvvvvvbol and sincerely hope you do a win!

it's getting through a surprising amount of the time, was the table average and we never really went to a flop more than 3 ways
tyty, crush on day 2 pls!

Yes, wpwp be nice of you did a win after work placement, thread detailing etc lol. Have a good
Day tomorrow

Go on Gilly, get it won!

good luck on day 2.

good luck operating the live stream and playing the final. Multi-tasking.

ty, and lol thankfully we aren't running a live stream of the final, with it being a 3rd party event.

Day 2 then, well above average on 150 big blinds, lets ship!

Gogogogogogo!

Sigh out, in a really weird/horrible spot.
140k at 1k/2k (70 bigs)
A hand just happened where the villain got rivered, and he seems to be tilting out of his mind, ready to punch someone.

Very next hand, hes in the bb, im on the button and its folded to me.
JJ, and I'm thinking, oh absolutely golden. He's always 3betting me here.
I make it 4,500, he flicks in 10k quickly.
He's playing about 130k. considered flatting to trap, instead I make it 26k.
He now makes it 50k, leaving me in a spot where i can only really jam or fold.
I think his image of me is a weak TAG player, who he can run over if needs be.
I'm still dead set in thinking he just can't be that strong.
I know he likes to 4/5bet pre and show bluffs.
I jam, he has AA, gg.

Big fault of the hand - If he jams, i can call I believe.
instead making it 50k, it should ring alarm bells, and I shouldn't be getting it in.
He knows that I'm 3betting this spot pretty damn light.

It's all horrible, should have folded at 50k, tilting pretty hard at myself, although it's a pretty marginal spot.
obv i can get away vs any other player in any other position like this at the table.
sighhhhhh

Sigh ul mate