Title: when does the makeup gravy train stop? Post by: biggy333x on July 14, 2013, 09:25:07 PM How far does a horse have to get before they get fired? i read another forum and a guys saying he's $170k in makeup, but he's a winning player if you dont inc rake and living expenses? Is there gonna be a point in the future like the credit crunch where lots of the backers money eventually runs out with tons of players in makeup which they cant pay because they cant play?
Wtf is that about? not inc rake! so if you dont take rake into consideration then to me you're a losing player is that not right? I was shocked at the guy trying to argue he would be $70k less makeup if he didnt pay rake and most of the rest was living expenses. How stupid can people be ? not just the horse, but the backer to carry on giving this moron thousands of dollars to carry on digging a bigger hole for himself? If he's using stake money to live then surely the guy thats giving him the money shouldve realised at $20k down rather than nearer $200k that the horse is lame and get rid? Title: Re: when does the makeup gravy train stop? Post by: Woodsey on July 14, 2013, 09:27:59 PM You have no posts here boss. Good you identify yourself to us all before you get stuck into this one please, because we mostly know each other in real life :)
Title: Re: when does the makeup gravy train stop? Post by: theprawnidentity on July 14, 2013, 09:32:07 PM (http://www.nerdtests.com/mq/testimages/73835_37ffb30b81740c3cf920.jpg)
Title: Re: when does the makeup gravy train stop? Post by: outragous76 on July 14, 2013, 09:38:33 PM Notthisshitagain.jpg
Title: Re: when does the makeup gravy train stop? Post by: TightEnd on July 14, 2013, 10:11:48 PM Hi welcome to blonde
I think part of the answer to your question is that it has substantially stopped already hasn't it? Title: Re: when does the makeup gravy train stop? Post by: rfgqqabc on July 14, 2013, 10:26:56 PM Maybe the guy blowing all this money on a moron has a much better idea than you on whether the deal is profitable. Go teach someone else how to do their job.
Title: Re: when does the makeup gravy train stop? Post by: Whollyflush on July 15, 2013, 01:22:08 AM Maybe the guy blowing all this money on a moron has a much better idea than you on whether the deal is profitable. Go teach someone else how to do their job. I dont see how OP is too far away from the trend. Id hazard a guess that more people are in a situation that OP suggests than both parties getting the lot through staking arrangements. Funny being in Vegas, people only playing for 25% of themselves and stuff, nobody seems to grind through the levels and get a BR anymore. Higher buying games are over-run with mediocre regs who might win pre rakeback but ramp up the variance and squeeze the economy for every penny and hurt everyone else's bottomline. Title: Re: when does the makeup gravy train stop? Post by: bergeroo on July 15, 2013, 01:25:33 AM What's with this war on mediocre regs all of a sudden. Leave us alone!
Title: Re: when does the makeup gravy train stop? Post by: Skgv on July 15, 2013, 01:31:54 AM Maybe the guy blowing all this money on a moron has a much better idea than you on whether the deal is profitable. Go teach someone else how to do their job. I dont see how OP is too far away from the trend. Id hazard a guess that more people are in a situation that OP suggests than both parties getting the lot through staking arrangements. Funny being in Vegas, people only playing for 25% of themselves and stuff, nobody seems to grind through the levels and get a BR anymore. Higher buying games are over-run with mediocre regs who might win pre rakeback but ramp up the variance and squeeze the economy for every penny and hurt everyone else's bottomline. Title: Re: when does the makeup gravy train stop? Post by: rfgqqabc on July 15, 2013, 02:02:26 AM Maybe the guy blowing all this money on a moron has a much better idea than you on whether the deal is profitable. Go teach someone else how to do their job. I dont see how OP is too far away from the trend. Id hazard a guess that more people are in a situation that OP suggests than both parties getting the lot through staking arrangements. Funny being in Vegas, people only playing for 25% of themselves and stuff, nobody seems to grind through the levels and get a BR anymore. Higher buying games are over-run with mediocre regs who might win pre rakeback but ramp up the variance and squeeze the economy for every penny and hurt everyone else's bottomline. edit: I made a much harsher first response to OP that I deleted because it was out of line. I apologise if you saw it, pathetically I'm blaming it on a bad sunday Title: Re: when does the makeup gravy train stop? Post by: biggy333x on July 15, 2013, 03:09:13 AM I play cash round leeds/sheffield and normally wear jeans and a shirt, i normally go fri/sat but dont know anyone if that helps you any? how the fk u want me to identify myself u nob, who do i have have to know to be able to post ?
I'm a self employed plumber and am amazed at the amounts involved tbh? and was jus asking a question? maybe a full profile and pic will do before i post again? I have to work a busy month for £3/4k max yet these figures amaze me that the guys are basically jus needing a big bink to get even, for most its never gonna happen. But like someone said these guys obv know what they're doing so leave theem too it Title: Re: when does the makeup gravy train stop? Post by: Skgv on July 15, 2013, 09:12:28 AM I play cash round leeds/sheffield and normally wear jeans and a shirt, i normally go fri/sat but dont know anyone if that helps you any? how the fk u want me to identify myself u nob, who do i have have to know to be able to post ? Respect!I'm a self employed plumber and am amazed at the amounts involved tbh? and was jus asking a question? maybe a full profile and pic will do before i post again? I have to work a busy month for £3/4k max yet these figures amaze me that the guys are basically jus needing a big bink to get even, for most its never gonna happen. But like someone said these guys obv know what they're doing so leave theem too it Title: Re: when does the makeup gravy train stop? Post by: Graham C on July 15, 2013, 09:43:54 AM FWIW I thought it was a good question.
I'm always amazed when people are a few $k in debt, yet alone this much. I'd hate to be this much in make up to someone and it would worry me immensely. The people that do the backing tend to be quite well of guys but they must call it a day eventually surely? Mind with the high stakes players winning millions weekly do they bother about a couple of hundred grand when they know they basically own the person. Title: Re: when does the makeup gravy train stop? Post by: FUN4FRASER on July 15, 2013, 09:51:45 AM I play cash round leeds/sheffield and normally wear jeans and a shirt, i normally go fri/sat but dont know anyone if that helps you any? how the fk u want me to identify myself u nob, who do i have have to know to be able to post ? I'm a self employed plumber and am amazed at the amounts involved tbh? and was jus asking a question? maybe a full profile and pic will do before i post again? I have to work a busy month for £3/4k max yet these figures amaze me that the guys are basically jus needing a big bink to get even, for most its never gonna happen. But like someone said these guys obv know what they're doing so leave theem too it Im looking for a mentally stable plumber Title: Re: when does the makeup gravy train stop? Post by: theprawnidentity on July 15, 2013, 10:08:05 AM Title: Re: when does the makeup gravy train stop? Post by: strak33 on July 15, 2013, 10:29:20 AM I play cash round leeds/sheffield and normally wear jeans and a shirt, i normally go fri/sat but dont know anyone if that helps you any? how the fk u want me to identify myself u nob, who do i have have to know to be able to post ? I'm a self employed plumber and am amazed at the amounts involved tbh? and was jus asking a question? maybe a full profile and pic will do before i post again? I have to work a busy month for £3/4k max yet these figures amaze me that the guys are basically jus needing a big bink to get even, for most its never gonna happen. But like someone said these guys obv know what they're doing so leave theem too it Will this do the job? Just want to flush a clean through the washing machine drain pipe. Thanks Title: Re: when does the makeup gravy train stop? Post by: strak33 on July 15, 2013, 10:31:40 AM http://www.amazon.co.uk/Duzzit-Drain-Away-40g-Sachets/dp/B004PFOU9I/ref=sr_1_2?ie=UTF8&qid=1373880394&sr=8-2&keywords=drain+cleaner
Title: Re: when does the makeup gravy train stop? Post by: LonOhRay on July 15, 2013, 05:54:08 PM I clearly chose the wrong backers they have too much money and are too clever to drop anyone who's in deep
Title: Re: when does the makeup gravy train stop? Post by: biggy333x on July 15, 2013, 09:54:20 PM When i first started playing poker few years ago the impression i got was that the better you got the bigger you could build a "roll" and so then you can play bigger games/ tourneys. Before i knew any better i thought that the people that won big tourneys actually won the money not 10/25/50% of it and that it seems fairly normal now for someone to win an €1m EPT and finish up owing €100k's out for overselling themselves.
The guy that really shocked me was on another forum and finally put a figure on his makeup at $170k (with not very impressive sharkscope graph and few mediocre live results). This is extreme i thought but the thing that amazed me was that he was saying his results would be better if he hadn't paid 70k in rake. Not rake back - he was trying to say if i hadn't paid the rake he would only be 100k in the hole and that was living expense! Like wtf?! 100k living expenses? i was wondering how many young guys must be out there 10/20/30k etc in make up thinking it's no big thing but meantime in the real world it's an obscene amount to basically owe someone when you have no skills (not even social skills according to Neil C blog) apart from being a mediocre poker player thats on the wrong side of variance. Now i jus think that at some point theres gotta be a sort of credit crunch type meltdown but what do i know, obv these guys backers been doing what they do as long as they have and they know what they're doing. Title: Re: when does the makeup gravy train stop? Post by: outragous76 on July 15, 2013, 10:00:23 PM Biggy, with the greatest respect, you aren't coming across like you understand staking at all well, and although I can understand "where" you are coming from, you are making your point badly.
Title: Re: when does the makeup gravy train stop? Post by: Woodsey on July 15, 2013, 10:02:12 PM The poker world is a very strange world indeed, totally alien to real life when it comes to borrowing/lending/staking. I could not sleep if I owed someone I knew more than a couple of hundred quid, poker players don't seem to care and have no problem borrowing/being staked/staking for relatively large sums of money.
Most outsiders to poker would be wtf at that, I am also mostly tbh. But the more immersed you get in poker the more you realise its standard for many players to do it with people they don't necessarily even know that well. Although for the bigger numbers you hear they probably do. Title: Re: when does the makeup gravy train stop? Post by: theprawnidentity on July 15, 2013, 10:06:01 PM As someone who stakes people online, I'm not really sure where you're going with this. We don't stake players for amusement, solely to make money. Thats not to say that some backers don't make bad investments from time to time, but I've never really seen the need to take it upon myself to berate backers for making mistakes.
Title: Re: when does the makeup gravy train stop? Post by: Woodsey on July 15, 2013, 10:16:53 PM As someone who stakes people online, I'm not really sure where you're going with this. We don't stake players for amusement, solely to make money. Thats not to say that some backers don't make bad investments from time to time, but I've never really seen the need to take it upon myself to berate backers for making mistakes. Really? I'd say a fair few of us do it for fun actually, myself included....... Title: Re: when does the makeup gravy train stop? Post by: celtic on July 15, 2013, 10:20:05 PM As someone who stakes people online, I'm not really sure where you're going with this. We don't stake players for amusement, solely to make money. Thats not to say that some backers don't make bad investments from time to time, but I've never really seen the need to take it upon myself to berate backers for making mistakes. Really? I'd say a fair few of us do it for fun actually, myself included....... You're not a backer tho, you're a guy just buying a stake, it's totally different. Title: Re: when does the makeup gravy train stop? Post by: Woodsey on July 15, 2013, 10:20:41 PM As someone who stakes people online, I'm not really sure where you're going with this. We don't stake players for amusement, solely to make money. Thats not to say that some backers don't make bad investments from time to time, but I've never really seen the need to take it upon myself to berate backers for making mistakes. Really? I'd say a fair few of us do it for fun actually, myself included....... You're not a backer tho, you're a guy just buying a stake, it's totally different. Ok fair enough boss. Title: Re: when does the makeup gravy train stop? Post by: Skgv on July 15, 2013, 10:29:03 PM As someone who stakes people online, I'm not really sure where you're going with this. We don't stake players for amusement, solely to make money. Thats not to say that some backers don't make bad investments from time to time, but I've never really seen the need to take it upon myself to berate backers for making mistakes. Really? I'd say a fair few of us do it for fun actually, myself included....... You're not a backer tho, you're a guy just buying a stake, it's totally different. Title: Re: when does the makeup gravy train stop? Post by: theprawnidentity on July 15, 2013, 10:48:25 PM As someone who stakes people online, I'm not really sure where you're going with this. We don't stake players for amusement, solely to make money. That's not to say that some backers don't make bad investments from time to time, but I've never really seen the need to take it upon myself to berate backers for making mistakes. Really? I'd say a fair few of us do it for fun actually, myself included....... You're not a backer tho, you're a guy just buying a stake, it's totally different. I've always compared staking to like trading on the stock exchange (though probably much less complex). Some of you're investments will show a profit, some of them won't. As long as the ones that make money, make more than the guys that don't, you're good to go. If someone was talking about investing millions on the Stock Market and losing it, I wouldn't think about finding a trading forum and start berating people for doing it. Granted, I am only a extremely small backer compared to some of the big players in the game. I know guys who have in excess of 100 horses and whose stables can swing $1million at a time. Losing $100k on a horse isn't really a big issue in the grand scheme of things. Granted, its far removed from the day to day lives of everyone else, but I see no reason to berate the people who are in the business for a reason. The other part of backing is that you can all too quickly build up a relationship with a horse and fail to see the bad things they do. You can spend so much time working on a daily basis with someone and helping them improve their game and coaching them that you feel committed to the cause and build a false sense of belief in their capabilities. Theres all kinds of reasons for horses getting into $100k's of makeup, and for the high stakes regs its not at all at uncommon. Title: Re: when does the makeup gravy train stop? Post by: titaniumbean on July 15, 2013, 10:51:02 PM theres also a whole bunch of people backed flicking in the most -ev tournaments and just rofling about.
you need a really close trusting relationship between horses/backer for it to have any chance of succeeding. Title: Re: when does the makeup gravy train stop? Post by: Tal on July 15, 2013, 11:20:42 PM To answer OP's question in the subject, I think people stopped using gravy browning as a fake tan in the early fifties.
Title: Re: when does the makeup gravy train stop? Post by: theprawnidentity on July 15, 2013, 11:22:35 PM To answer OP's question in the subject, I think people stopped using gravy browning as a fake tan in the early fifties. I believe you're getting confused with the makeup gravy boat. Title: Re: when does the makeup gravy train stop? Post by: Tal on July 15, 2013, 11:25:49 PM To answer OP's question in the subject, I think people stopped using gravy browning as a fake tan in the early fifties. I believe you're getting confused with the makeup gravy boat. Ahhhhhhhh (bisto) Title: Re: when does the makeup gravy train stop? Post by: AndrewT on July 15, 2013, 11:49:07 PM To answer OP's question in the subject, I think people stopped using gravy browning as a fake tan in the early fifties. I believe you're getting confused with the makeup gravy boat. Ahhhhhhhh (busto) FYP Title: Re: when does the makeup gravy train stop? Post by: Tal on July 16, 2013, 12:33:02 AM Hug kiss hug
Title: Re: when does the makeup gravy train stop? Post by: outragous76 on July 16, 2013, 01:03:07 AM Title: Re: when does the makeup gravy train stop? Post by: Simon Galloway on July 16, 2013, 09:14:32 AM I've always compared staking to like trading on the stock exchange (though probably much less complex). Nearly. It is more like a commodities exchange where physical delivery ensues on the expiry of a contract. You start off buying something because you think it might be good value, then 3 months later, you get a couple of million tonnes of Kerosine delivered and you have hadn't really thought about that bit... Title: Re: when does the makeup gravy train stop? Post by: SuuPRlim on July 18, 2013, 03:53:15 AM For the OP, if you're genuinely interested in the topic (most people who bring the subject up are purely trolling and never listen to the answers) ...
I guess it's pretty hard to comprehend for guys who play less intensively, but you gotta remember that big downswings are reasonably standard. Now if you're playing average buyin tournaments of say $40 (that's basically a range from $3rebuy's to $100 freezeouts) and you get into $100,000 make up, then yh, chances are you are playing losing poker. However, the guys who are most commonly staked are those playing high stakes MTT's (average buyin's of $140-$180) and throw a few live tournaments in there (a $10k, 5k EPT etc) and losing $100,000 in 6 months is nothing out of the ordinary. I'd go as far as to say that if you've been playing high stakes tournaments for more than 2 or 3 years and never had a $100,000+ downswing you've been very, very lucky. I think referring to it as a "Make-Up Gravy Train"is kind of misguided. Yes, it's very true to say there are players out there who are being staked for games that they can't really beat, due to either past results or they just know the right (wealthy) people but there are a LOT of very successful staking deals out there, and staking isn't exclusively for people who are broke. We've had this discussion on blonde more times than Mitch has ordered the DTD cheesecake so let's not get into it in too much detail, but there are many different reasons why staking agreements develop - I'm not going to but I could list you a few names of people who are backed who you'd wouldn't think and they are very successful players. The point you made though about "how far do you go" is a very valid one, I personally believe there is a point where, no matter how good the player is, he reaches a point where he is simply in "too deep" and it's borderline impossible to get out of it. I've known of a few guys be in $150k+ and gotten out of it, but not many, I agree with you that it defo has an affect (for most people) on their play. It's very hard on the backer, but he has to be responsible for his own business and if he thinks its too deep then he has to pull the plug. I think in a LOT of instances the stakers are just a bit too degenerate and this prolly affects their decision making negatively. The "gravy train" will never stop, as long as people have money and good players who have a game they can beat have run out of money savvy gamblers will always wanna back people. ON the same page, people will continue to be backed who prolly shouldn't be, people are just degens at the end of the day :D Hope you actually wanted this info and I haven't wasted my time. Title: Re: when does the makeup gravy train stop? Post by: Skgv on July 18, 2013, 05:39:05 AM For the OP, if you're genuinely interested in the topic (most people who bring the subject up are purely trolling and never listen to the answers) ... Really mature an intelligent post dave for the average poker player to understand. Really makes more sense ! I guess it's pretty hard to comprehend for guys who play less intensively, but you gotta remember that big downswings are reasonably standard. Now if you're playing average buyin tournaments of say $40 (that's basically a range from $3rebuy's to $100 freezeouts) and you get into $100,000 make up, then yh, chances are you are playing losing poker. However, the guys who are most commonly staked are those playing high stakes MTT's (average buyin's of $140-$180) and throw a few live tournaments in there (a $10k, 5k EPT etc) and losing $100,000 in 6 months is nothing out of the ordinary. I'd go as far as to say that if you've been playing high stakes tournaments for more than 2 or 3 years and never had a $100,000+ downswing you've been very, very lucky. I think referring to it as a "Make-Up Gravy Train"is kind of misguided. Yes, it's very true to say there are players out there who are being staked for games that they can't really beat, due to either past results or they just know the right (wealthy) people but there are a LOT of very successful staking deals out there, and staking isn't exclusively for people who are broke. We've had this discussion on blonde more times than Mitch has ordered the DTD cheesecake so let's not get into it in too much detail, but there are many different reasons why staking agreements develop - I'm not going to but I could list you a few names of people who are backed who you'd wouldn't think and they are very successful players. The point you made though about "how far do you go" is a very valid one, I personally believe there is a point where, no matter how good the player is, he reaches a point where he is simply in "too deep" and it's borderline impossible to get out of it. I've known of a few guys be in $150k+ and gotten out of it, but not many, I agree with you that it defo has an affect (for most people) on their play. It's very hard on the backer, but he has to be responsible for his own business and if he thinks its too deep then he has to pull the plug. I think in a LOT of instances the stakers are just a bit too degenerate and this prolly affects their decision making negatively. The "gravy train" will never stop, as long as people have money and good players who have a game they can beat have run out of money savvy gamblers will always wanna back people. ON the same page, people will continue to be backed who prolly shouldn't be, people are just degens at the end of the day :D Hope you actually wanted this info and I haven't wasted my time. Title: Re: when does the makeup gravy train stop? Post by: Royal Flush on July 18, 2013, 07:29:06 AM Highest makeup brags, once got to $192k, anyone beat that?
Title: Re: when does the makeup gravy train stop? Post by: RED-DOG on July 18, 2013, 08:16:20 AM £1,377.4 billion (http://i1.dailypost.co.uk/incoming/article4707920.ece/ALTERNATES/s615b/david-cameron-4707920.jpg) Title: Re: when does the makeup gravy train stop? Post by: Simon Galloway on July 18, 2013, 09:33:22 AM Nice post Dave (and lol @ Tom)
I think a couple of your paragraphs need to be considered at the same time, by backers and players alike. For example, a guy playing $7 hypers suddenly swings 200 buyins and is $1400 in MU. A lot of players react to that by saying "how do I get out of that, playing $7 sngs at 2%? I need money to eat/pay the rent/get a job etc" and all of a sudden, they are nowhere near as keen to grind as they were when in profit (despite it only taking a 200 buyin uptick to reverse.) For backers, it is gold to work out which applicants are going to turn out like this and which aren't. The old axiom 'you don't know how good a horse you have until they are 200 buyins in makeup' rings true. That's also true in many walks of life; anyone can buy stock and watch it rise, go to lunch and think life is good. You only find out who can actually trade when the price falls sharply. At the other end of the spectrum, you have guys playing $100+ mtts. The makeup here is a little different, as players/backers can reason that '1 good bink gets me out' for a long time. However, when it gets to the point where the best result in a tourny doesn't even clear MU, then you definitely do get guys that start taking on every flip possible, playing like a lunatic going for the win. If 1st doesn't get them out of MU, what good is 8th? To balance, you also get guys that now get gunshy, because they aren't flipping too well, they now don't pull the trigger in spots where they always used to. I talk to a lot of online backers around the globe and a lot of them aren't very scientific, they just crave a massive bink and are prepared to throw lots of darts at it. When a player gets deep in makeup, they are quick to reason that it must be +EV to continue as effectively the $$ from the next result is 100% them 0% player. However, they haven't always considered all the ways it can turn bad. Many stables start up and fold very quickly because they don't have the discipline to pull the plug (or the foresight not to start) on bad spots. Title: Re: when does the makeup gravy train stop? Post by: the sicilian on July 18, 2013, 09:43:08 AM How do atakers work out living expenses..? if your horse is in makeup do you give a certain amount of living money too?
Title: Re: when does the makeup gravy train stop? Post by: theprawnidentity on July 18, 2013, 11:07:27 AM How do atakers work out living expenses..? if your horse is in makeup do you give a certain amount of living money too? Not all stakers do this, but some will for their better horses. If a horse requires extra money for living expenses etc it is usually charged at double MU, so for every $1k of expenses, $2k is added to MU. (assuming horse is on a 50/50 deal with MU) Title: Re: when does the makeup gravy train stop? Post by: the sicilian on July 18, 2013, 11:12:56 AM How do atakers work out living expenses..? if your horse is in makeup do you give a certain amount of living money too? Not all stakers do this, but some will for their better horses. If a horse requires extra money for living expenses etc it is usually charged at double MU, so for every $1k of expenses, $2k is added to MU. (assuming horse is on a 50/50 deal with MU) yikes ! wonga.com Title: Re: when does the makeup gravy train stop? Post by: Simon Galloway on July 18, 2013, 11:14:57 AM hardly wonga Deano, that's interest free.
Title: Re: when does the makeup gravy train stop? Post by: the sicilian on July 18, 2013, 11:17:56 AM hardly wonga Deano, that's interest free. 1k borrowed..2k paid back? Title: Re: when does the makeup gravy train stop? Post by: outragous76 on July 18, 2013, 11:19:09 AM hardly wonga Deano, that's interest free. 1k borrowed..2k paid back? its to do with the fact that if you weren't in make up and you won 2k, you would only see 1k of it, its like drawing down on future winnings Title: Re: when does the makeup gravy train stop? Post by: Honeybadger on July 18, 2013, 11:36:51 AM hardly wonga Deano, that's interest free. 1k borrowed..2k paid back? This is not in any way unfair on the horses, and is not charging them a vig or anything like that. As Guy says, imagine a horse wins 2k when not in makeup and cashes it out - he will only get 1k of this, the other 1k goes to the backer. So it is exactly the same deal. Title: Re: when does the makeup gravy train stop? Post by: kinboshi on July 18, 2013, 12:55:23 PM The old axiom 'you don't know how good a horse you have until they are 200 buyins in makeup' rings true. It's one we should all live by. :D Title: Re: when does the makeup gravy train stop? Post by: the sicilian on July 18, 2013, 01:53:03 PM hardly wonga Deano, that's interest free. 1k borrowed..2k paid back? its to do with the fact that if you weren't in make up and you won 2k, you would only see 1k of it, its like drawing down on future winnings yup got you now... Title: Re: when does the makeup gravy train stop? Post by: Longy on July 18, 2013, 02:02:32 PM Highest makeup brags, once got to $192k, anyone beat that? Thelipofund has admitted to being 200k+in the hole earlier in the year, he is down to 5 figs now. http://forumserver.twoplustwo.com/174/poker-goals-challenges/welcome-grind-my-very-own-pgc-thread-1305705/ Is his 2p2 blog pretty eye opening his work ethic is ridiculous Title: Re: when does the makeup gravy train stop? Post by: Marky147 on July 19, 2013, 06:30:11 PM Highest makeup brags, once got to $192k, anyone beat that? Thelipofund has admitted to being 200k+in the hole earlier in the year, he is down to 5 figs now. http://forumserver.twoplustwo.com/174/poker-goals-challenges/welcome-grind-my-very-own-pgc-thread-1305705/ Is his 2p2 blog pretty eye opening his work ethic is ridiculous Was a really good read, spent most of this afternoon reading it from start to finish. Given how much he plays, he seems a very well balanced guy and definitely rooting for him to get out of it with FTOPS coming up! Also, with regards to the thread subject, I noticed the latest member as of earlier today was 'sheets' and the email listed was some form of 'haber@' Title: Re: when does the makeup gravy train stop? Post by: rfgqqabc on July 20, 2013, 02:31:33 AM Highest makeup brags, once got to $192k, anyone beat that? Thelipofund has admitted to being 200k+in the hole earlier in the year, he is down to 5 figs now. http://forumserver.twoplustwo.com/174/poker-goals-challenges/welcome-grind-my-very-own-pgc-thread-1305705/ Is his 2p2 blog pretty eye opening his work ethic is ridiculous Was a really good read, spent most of this afternoon reading it from start to finish. Given how much he plays, he seems a very well balanced guy and definitely rooting for him to get out of it with FTOPS coming up! Also, with regards to the thread subject, I noticed the latest member as of earlier today was 'sheets' and the email listed was some form of 'haber@' Title: Re: when does the makeup gravy train stop? Post by: Rupert on July 20, 2013, 09:48:08 AM Highest makeup brags, once got to $192k, anyone beat that? Thelipofund has admitted to being 200k+in the hole earlier in the year, he is down to 5 figs now. http://forumserver.twoplustwo.com/174/poker-goals-challenges/welcome-grind-my-very-own-pgc-thread-1305705/ Is his 2p2 blog pretty eye opening his work ethic is ridiculous Was a really good read, spent most of this afternoon reading it from start to finish. Given how much he plays, he seems a very well balanced guy and definitely rooting for him to get out of it with FTOPS coming up! Also, with regards to the thread subject, I noticed the latest member as of earlier today was 'sheets' and the email listed was some form of 'haber@' [18/07/2013 16:27:36] Eric Haber: finally opened a blondepoker account....didnt realize it was so big [18/07/2013 16:27:50] Eric Haber: had to answer these f ing british trivia questions [18/07/2013 16:27:59] Eric Haber: before my registration was processed [18/07/2013 16:28:38] Eric Haber: Who makes the Astra, Corsa, Agila, Insignia and Adam cars? : What colour are Royal Mail pillar boxes?: What number does the Prime Minister live at?: [18/07/2013 16:28:42] Eric Haber: damn thk god for google [18/07/2013 16:28:46] Eric Haber: lol Title: Re: when does the makeup gravy train stop? Post by: tikay on July 20, 2013, 09:49:31 AM ! Title: Re: when does the makeup gravy train stop? Post by: Marky147 on July 20, 2013, 09:58:50 AM Highest makeup brags, once got to $192k, anyone beat that? Thelipofund has admitted to being 200k+in the hole earlier in the year, he is down to 5 figs now. http://forumserver.twoplustwo.com/174/poker-goals-challenges/welcome-grind-my-very-own-pgc-thread-1305705/ Is his 2p2 blog pretty eye opening his work ethic is ridiculous Was a really good read, spent most of this afternoon reading it from start to finish. Given how much he plays, he seems a very well balanced guy and definitely rooting for him to get out of it with FTOPS coming up! Also, with regards to the thread subject, I noticed the latest member as of earlier today was 'sheets' and the email listed was some form of 'haber@' [18/07/2013 16:27:36] Eric Haber: finally opened a blondepoker account....didnt realize it was so big [18/07/2013 16:27:50] Eric Haber: had to answer these f ing british trivia questions [18/07/2013 16:27:59] Eric Haber: before my registration was processed [18/07/2013 16:28:38] Eric Haber: Who makes the Astra, Corsa, Agila, Insignia and Adam cars? : What colour are Royal Mail pillar boxes?: What number does the Prime Minister live at?: [18/07/2013 16:28:42] Eric Haber: damn thk god for google [18/07/2013 16:28:46] Eric Haber: lol :D Title: Re: when does the makeup gravy train stop? Post by: outragous76 on July 20, 2013, 10:11:15 AM Zomg, sheets is my hero! Please start posting on blonde!
Title: Re: when does the makeup gravy train stop? Post by: kinboshi on July 20, 2013, 10:34:35 AM Highest makeup brags, once got to $192k, anyone beat that? Thelipofund has admitted to being 200k+in the hole earlier in the year, he is down to 5 figs now. http://forumserver.twoplustwo.com/174/poker-goals-challenges/welcome-grind-my-very-own-pgc-thread-1305705/ Is his 2p2 blog pretty eye opening his work ethic is ridiculous Was a really good read, spent most of this afternoon reading it from start to finish. Given how much he plays, he seems a very well balanced guy and definitely rooting for him to get out of it with FTOPS coming up! Also, with regards to the thread subject, I noticed the latest member as of earlier today was 'sheets' and the email listed was some form of 'haber@' [18/07/2013 16:27:36] Eric Haber: finally opened a blondepoker account....didnt realize it was so big [18/07/2013 16:27:50] Eric Haber: had to answer these f ing british trivia questions [18/07/2013 16:27:59] Eric Haber: before my registration was processed [18/07/2013 16:28:38] Eric Haber: Who makes the Astra, Corsa, Agila, Insignia and Adam cars? : What colour are Royal Mail pillar boxes?: What number does the Prime Minister live at?: [18/07/2013 16:28:42] Eric Haber: damn thk god for google [18/07/2013 16:28:46] Eric Haber: lol Hehe, I added those questions. They're to stop Russian and East Asian spammers and spamming bots. Figured that any genuine non-Brit would be able to Google for the right answers. :)up Title: Re: when does the makeup gravy train stop? Post by: lucky_scrote on July 20, 2013, 10:49:33 AM I could write all day about backing. I've been backed and I've backed other players.
People are getting a lot more savvy these days so there seems to be less and less staking deals floating about than there used to be. It's totally up to the backer to get it right and there are a lot of factors to include. Firstly, you need to know the person fairly well especially if he is playing live and he is handling money. I can promise you that there are a larger percentage of people that will steal money when they are busto than you think. I've known what I thought were some fantastic gentleman only to find out later down the line when they are busto and in lots of MU they are lining their pockets with your staking money. In my experience, the best way to avoid this is to have known the person for a longer amount of time as people who have been around on the circuit for a long time are generally people that would not risk tarnishing their reputation. Hey, you can also check google too. There are a few threads on 2+2 just type "Daniel carter scammer" or whatever into google and if hits come up, bingo! It's not rocket science. Request all usernames from all online poker sites and run the same google check. Hopefully this wouldn't be necessary if you have known the person for a long time. I think the biggest reason for losing players being backed is the backer not realising how bloody hard poker is, especially when someone is under it so they feel that they can back any muppets beating low stakes online to go and crush the wsop in vegas. Volume volume volume. Oh look Joe Bloggs is beating the stars high stakes schedule in the last 3 months. 2000 games played, ABI $100 and an ROI of 50%, he is crushing the game where do I sign up?!?! It's taking time but people are starting to understand how vile variance is (see here http://blondepoker.com/forum/index.php?topic=60759.0 (http://blondepoker.com/forum/index.php?topic=60759.0)). Finally and this one should be obvious but it's amazing what you see and that is bankroll management. I don't think I need to explain that one. Title: Re: when does the makeup gravy train stop? Post by: kinboshi on July 20, 2013, 11:31:27 AM I could write all day about backing. I've been backed and I've backed other players. People are getting a lot more savvy these days so there seems to be less and less staking deals floating about than there used to be. It's totally up to the backer to get it right and there are a lot of factors to include. Firstly, you need to know the person fairly well especially if he is playing live and he is handling money. I can promise you that there are a larger percentage of people that will steal money when they are busto than you think. I've known what I thought were some fantastic gentleman only to find out later down the line when they are busto and in lots of MU they are lining their pockets with your staking money. In my experience, the best way to avoid this is to have known the person for a longer amount of time as people who have been around on the circuit for a long time are generally people that would not risk tarnishing their reputation. Hey, you can also check google too. There are a few threads on 2+2 just type "Daniel carter scammer" or whatever into google and if hits come up, bingo! It's not rocket science. Request all usernames from all online poker sites and run the same google check. Hopefully this wouldn't be necessary if you have known the person for a long time. I think the biggest reason for losing players being backed is the backer not realising how bloody hard poker is, especially when someone is under it so they feel that they can back any muppets beating low stakes online to go and crush the wsop in vegas. Volume volume volume. Oh look Joe Bloggs is beating the stars high stakes schedule in the last 3 months. 2000 games played, ABI $100 and an ROI of 50%, he is crushing the game where do I sign up?!?! It's taking time but people are starting to understand how vile variance is (see here http://blondepoker.com/forum/index.php?topic=60759.0 (http://blondepoker.com/forum/index.php?topic=60759.0)). Finally and this one should be obvious but it's amazing what you see and that is bankroll management. I don't think I need to explain that one. Give it a few days, and this thread will appear in Google for the search "daniel carter scammer" :D Title: Re: when does the makeup gravy train stop? Post by: pleno1 on July 20, 2013, 11:48:37 AM Lollllllll
Title: Re: when does the makeup gravy train stop? Post by: sheets on July 20, 2013, 03:10:12 PM Hey guys......so yeah I have become friendly with alot of Brits (is that a derogatory term ? Please forgive me if it is....dumb american etc etc) and other euros so I figured I would hop on here.
Hopefully I can be a worthy contributor despite my senior citizen status. Title: Re: when does the makeup gravy train stop? Post by: The Camel on July 20, 2013, 03:12:28 PM Hello sir, welcome to blondepoker.
If anyone knows anything about makeup it should be you. Looking forward to seeing you on the rail drinking shoebombs at next years wsop. Title: Re: when does the makeup gravy train stop? Post by: SuuPRlim on July 20, 2013, 03:12:39 PM YOU CALLING US BRITS?
Wow, low fkn blow there... :D (welcome aboard) Title: Re: when does the makeup gravy train stop? Post by: FUN4FRASER on July 20, 2013, 03:24:30 PM Welcome To Blonde Eric....Ive Read your pieces & watched a lot of yours and JohnnyBaxs Vids over the years
Really great that you have joined up & looking forward to your thoughts and contribution . Title: Re: when does the makeup gravy train stop? Post by: outragous76 on July 20, 2013, 03:30:12 PM Hey guys......so yeah I have become friendly with alot of Brits (is that a derogatory term ? Please forgive me if it is....dumb american etc etc) and other euros so I figured I would hop on here. Hopefully I can be a worthy contributor despite my senior citizen status. (http://i371.photobucket.com/albums/oo151/outragous76/c9aa9f0a7d396be0d32f793c75ed7ccf_zps703e4805.jpg) :D Huge welcome to blonde, in getting to know some Brits, have they shown you rick Trigg in his favourite shorts yet? Title: Re: when does the makeup gravy train stop? Post by: theprawnidentity on July 20, 2013, 03:34:13 PM Welcome To Blonde Eric....Ive Read your pieces & watched a lot of yours and JohnnyBaxs Vids over the years Really great that you have joined up & looking forward to your thoughts and contribution . Absolutely this. PXF was the first place I arrived at when I started out and loved the videos and interactive review sessions. Welcome to blonde! I believe the technically correct term for us lot is Poms (or Limeys) Title: Re: when does the makeup gravy train stop? Post by: biggy333x on July 25, 2013, 09:26:59 PM thanks for the well written replies
Title: Re: when does the makeup gravy train stop? Post by: snoopy1239 on July 26, 2013, 01:20:51 AM Make-up's like a loan to a backer. If a horse owes 100K and is a decent player then it's pretty tough not to stick him in a 1K tournament with a 100K first prize. Got to be better than just writing it off.
Title: Re: when does the makeup gravy train stop? Post by: theprawnidentity on July 26, 2013, 01:26:47 AM Post
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