Title: Small - Midstakes mtt backing request Post by: ZZZZZZZROPE on February 17, 2013, 11:18:09 PM Intro
For those who don't know me my name is Grant Cook, and have been a member of blonde for a number of years, and have been involved in a number of backing deals with members, so i'm sure a bunch of posters can vouch for my trustworthiness. The proposal I have recently moved over to Norway with my gf and currently playing full time. I am looking for backing for small - midstakes mtt's to go along with my regular smaller games. This is needed due to the fact that I will be travelling the world in August, and i am having to withdraw chunks of my bankroll to finance this. Games Below are a list of proposed tourneys. (I wont play all of them every day I play, but can commit to playing 150+ a month. Probably more than this though) I have went for mostly well structured tournaments, but also included a few of the 'hot' turbos on stars. stars $81r1a 10k hot $16.5 big $22 $11 1r1a 5k $22 12k big 11 60k hot 11 $25k tilt $11 4.5k superstack $10 1r1a 7.5k $26 8k $26 16k $26 12.5k $11 6k superstack party $22 6k $22 3k $22 10k Stats Below are links to my stats http://www.officialpokerrankings.com/fulltiltpoker/PAYMYLOANS/poker/ratings/EBE7791DFDFD4F08BEBD92F2491BB3CD.html?t=3 (note that i had to open a new account post relaunch, which is -$700 or so. Not massive volume there yet though) http://www.officialpokerrankings.com/pokerstars/PayMyLoans11/poker/ratings/66474EC965F04356959F30A55138E901.html?t=3 http://www.officialpokerrankings.com/partypoker/PayMyLoans1/poker/ratings/AB56E9AF44524964B5BFDE1166836A88.html?t=3 My stars overall stats on stars are not great due to $100+ mtts which I didnt' play a big sample in and it didn't go my way, but i have a good roi in the games i am looking for backing in. I have used opr to breakdown my stats for the $10-$40 level, as i feel this is more accurate for what you will be investing in. Stars buyin level cashes P/L ROI $10 - $20 $3,418 -$1,572 -46% $20 - $40 $19,961 +$9,830 97% Tilt (old) $10 - $20 $8,134 +$5,754 242% $20 - $40 $23,737 +$5,888 33% (new) $10 - $20 $592 +$94 19% $20 - $40 $447 -$245 -55% Party $10 - $20 $663 $399 151% $20 - $40 $3,485 $2,706 347% Total Cashes $60,437, Total Profit $22,854, ROI 38% ------------------------------------------------ I am looking for one of two things. 1. one sole investor to take all action on a 50/50 deal 2. Sell pieces to investors on here If this was the case I would request for a $2500 starting bankroll on a 50/50 profit sharing deal. Profits would be paid out on the 20th of every month. There would be an initial tie in period of 3 months. 10% would be $250. If this is the route it goes down I shall put faith in my own play and take the first 20%. Please post any interest on this thread or via PM. Title: Re: Small - Midstakes mtt backing request Post by: paulhouk03 on February 17, 2013, 11:31:11 PM Isn't the wages in Norway high compared to uk?
I remember an ex Dtd dealer said the pay carers like 25£ an hour or something Title: Re: Small - Midstakes mtt backing request Post by: ZZZZZZZROPE on February 17, 2013, 11:38:56 PM Isn't the wages in Norway high compared to uk? I remember an ex Dtd dealer said the pay carers like 25£ an hour or something Yeah the wages are high, but higher tax also. Im really looking to make a go of poker, and especially as i will be travelling in August, so not looking to start a job in the meantime. I worked for Barclays capital/wealth for 2.5 years finishing in December just before we moved over here, so it is quite a refreshing change not going through all the corporate bullshit for a while :) Title: Re: Small - Midstakes mtt backing request Post by: paulhouk03 on February 17, 2013, 11:42:20 PM Gl btw remember u from the TriBeCa days
Title: Re: Small - Midstakes mtt backing request Post by: ZZZZZZZROPE on February 18, 2013, 12:36:26 AM Gl btw remember u from the TriBeCa days Thx dude Title: Re: Small - Midstakes mtt backing request Post by: LeedsRhodesy on February 18, 2013, 03:31:30 AM how many days will $2500 last you if you brick everyday please? Title: Re: Small - Midstakes mtt backing request Post by: redarmi on February 18, 2013, 03:44:16 AM I'll take 20%
Title: Re: Small - Midstakes mtt backing request Post by: ZZZZZZZROPE on February 18, 2013, 03:52:43 AM how many days will $2500 last you if you brick everyday please? lol not very long if i didn't cash in any comp :) from that portfolio of comps average buyin is $20 when adding them all up and / by the tot amount of comps, so we got around 125 buyins. I have tried to adding some comp that arent massive variance, like the $11 superstacks,$11 1r1a, $26 8k on tilt, the 3 & 6k on party & $11 1r1a on stars. I am confident that in my ability at these stakes, and feel I have put together a good Portfolio of comps to maximize return, whilst still not having redic variance. Title: Re: Small - Midstakes mtt backing request Post by: muckthenuts on February 18, 2013, 05:23:06 AM 10%
Title: Re: Small - Midstakes mtt backing request Post by: Killerkilsby on February 18, 2013, 08:09:43 AM Ill take 5% if it goes seperate
Title: Re: Small - Midstakes mtt backing request Post by: pleno1 on February 18, 2013, 09:09:59 AM gg cash staking?
Title: Re: Small - Midstakes mtt backing request Post by: EvilPie on February 18, 2013, 01:21:50 PM Total Cashes $60,437, Total Profit $22,854, ROI 38% Something not right here. Should this be total buy ins and total profit? Title: Re: Small - Midstakes mtt backing request Post by: ZZZZZZZROPE on February 18, 2013, 02:43:29 PM gg cash staking? nope i sent you a message on fb yesterday if you could get back to me there Title: Re: Small - Midstakes mtt backing request Post by: ZZZZZZZROPE on February 18, 2013, 02:47:15 PM Total Cashes $60,437, Total Profit $22,854, ROI 38% Something not right here. Should this be total buy ins and total profit? Yeah you are right total buyins the are $ 37,583 tot profit $22,854 (tot cash = $60,437) total roi = 60% that looks correct now Title: Re: Small - Midstakes mtt backing request Post by: ZZZZZZZROPE on February 18, 2013, 02:49:35 PM edit : 40% left
Title: Re: Small - Midstakes mtt backing request Post by: ZZZZZZZROPE on February 21, 2013, 09:05:57 PM We still need 40% to start, and it doesn't look likely, so i have just decided to scrap this and continue to play my normal games. I would like to thank the people who were interested in buying a piece. I will most likely put up staking threads for scoop, mini ftops, some sundays etc when they come around, so hopefully you will still be interested in that :)
thx Grant |