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Poker Forums => Online Tournament Staking => Topic started by: ZZZZZZZROPE on February 17, 2013, 11:18:09 PM



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