Title: Injun giving Post by: nirvana on July 17, 2014, 07:30:47 PM Wasn't quite sure whether to post but am unusually unsure about something.
An acquaintance of mine feels the need to give me a 'thank you'. His thank you to me is paying me in to a £150 tournament this weekend. The only wrinkle is he wants 50% of any cashes. After calling him a few names I decided that maybe I was being churlish. I thought the best bet was to seek other opinions, should I just say thanks or try to negotiate a better deal ? Cheers Title: Re: Injun giving Post by: RED-DOG on July 17, 2014, 07:39:05 PM Just feck off and tell him to put me in.
Title: Re: Injun giving Post by: Ironside on July 17, 2014, 07:42:42 PM its a great present, but if you was going to play it anyway and think you have a bigger edge on field that the mark up on this stake then you could tell him sorry its not worth your effort
Title: Re: Injun giving Post by: nirvana on July 17, 2014, 07:52:10 PM its a great present, but if you was going to play it anyway and think you have a bigger edge on field that the mark up on this stake then you could tell him sorry its not worth your effort This is what I'm thinking Iron and what's led to my slight bewilderment - if I had less of an edge and I wasn't minted I'd just insta thank, although only an acquaintance he knows I'm minted to Title: Re: Injun giving Post by: nirvana on July 17, 2014, 07:53:05 PM Just feck off and tell him to put me in. Come on down to Luton Dog. Ima offer you £75 stake for 35% of winno's Title: Re: Injun giving Post by: Ironside on July 17, 2014, 07:58:51 PM its a great present, but if you was going to play it anyway and think you have a bigger edge on field that the mark up on this stake then you could tell him sorry its not worth your effort This is what I'm thinking Iron and what's led to my slight bewilderment - if I had less of an edge and I wasn't minted I'd just insta thank, although only an acquaintance he knows I'm minted to if it was the wsop 10k would this have made a difference? if your saying yeah then its not the idea of the gift thats upsetting its the size as in a £150 for a player with a decent edge your likely only getting somewhere around £25-50 from this gift for a player with a huge edge then its going to be costing them money but for someone like me with no edge its likely worth £100 and i would snap his hand off for £100 atm Title: Re: Injun giving Post by: RED-DOG on July 17, 2014, 08:10:06 PM Just feck off and tell him to put me in. Come on down to Luton Dog. Ima offer you £75 stake for 35% of winno's I'll take a dive. Title: Re: Injun giving Post by: GreekStein on July 17, 2014, 08:11:57 PM what difference does it make? 50% of feck all is the same as 0% of feck all
Title: Re: Injun giving Post by: nirvana on July 17, 2014, 08:18:57 PM what difference does it make? 50% of feck all is the same as 0% of feck all Brutal Title: Re: Injun giving Post by: Waz1892 on July 17, 2014, 08:48:43 PM He feels the need to say thankyou, for whatever reason.
He offers you £150 to play in a tournament. Either accept or decline the whole thing. Trying to strike a better deal is like saying, i accept your thanks, but feel you should thank me more!! Title: Re: Injun giving Post by: nirvana on July 17, 2014, 08:56:00 PM He feels the need to say thankyou, for whatever reason. He offers you £150 to play in a tournament. Either accept or decline the whole thing. Trying to strike a better deal is like saying, i accept your thanks, but feel you should thank me more!! tbf, this is why I'm feeling shoddy, I don't need any thanks at all but since they're being given I now feel I want it all even though I know yr right Title: Re: Injun giving Post by: david3103 on July 17, 2014, 09:49:04 PM Gifts don't come with conditions
Title: Re: Injun giving Post by: kinboshi on July 17, 2014, 11:45:05 PM Thin ”I have an acquaintance" brag imo.
Title: Re: Injun giving Post by: celtic on July 18, 2014, 12:06:51 AM Gifts don't come with conditions Title: Re: Injun giving Post by: Claw75 on July 18, 2014, 12:45:06 AM meh - if you were gonna play it anyway just say it's fine and there's no need to thank you etc
unless you've already accepted, in which case I'd probs just roll with it. and what Greeky said. Title: Re: Injun giving Post by: RED-DOG on July 18, 2014, 06:05:36 AM Joking aside Glenn I think this is a real borderline case. Your mate wants to do something nice but can't quite commit to a full, no strings job, while you on the other hand don't want to be forced to give away half the prize pool of a relatively small comp.
If it were a bigger comp, says £500 or something it would be a different matter, but as it is I think your best option is to politely refuse. Title: Re: Injun giving Post by: Waz1892 on July 18, 2014, 10:32:56 AM Joking aside Glenn I think this is a real borderline case. Your mate wants to do something nice but can't quite commit to a full, no strings job, while you on the other hand don't want to be forced to give away half the prize pool of a relatively small comp. If it were a bigger comp, says £500 or something it would be a different matter, but as it is I think your best option is to politely refuse. So are we saying a "thanks" from a mate has to be a worth while thanks to be accepted!? Extreme example, if i read the situ correctly, you chuck in 20p into a homeless person bowl and he rolls his eyes and tuts- you'd could feel abit offended that he didnt accept it graciously!? Title: Re: Injun giving Post by: RED-DOG on July 18, 2014, 10:53:24 AM Joking aside Glenn I think this is a real borderline case. Your mate wants to do something nice but can't quite commit to a full, no strings job, while you on the other hand don't want to be forced to give away half the prize pool of a relatively small comp. If it were a bigger comp, says £500 or something it would be a different matter, but as it is I think your best option is to politely refuse. So are we saying a "thanks" from a mate has to be a worth while thanks to be accepted!? Extreme example, if i read the situ correctly, you chuck in 20p into a homeless person bowl and he rolls his eyes and tuts- you'd could feel abit offended that he didnt accept it graciously!? Well that depends. Were there any conditions attached to the 20p that was chucked into the bowl? Title: Re: Injun giving Post by: Woodsey on July 18, 2014, 10:57:47 AM lol poker players, it's just 1 comp, accept it in the spirit it's intended and move on with life.
Title: Re: Injun giving Post by: tikay on July 18, 2014, 10:59:01 AM lol poker players, it's just 1 comp, accept it in the spirit it's intended and move on with life. Calling Glenn a "poker player" is artistic licence, imo. For starters, he's old. Title: Re: Injun giving Post by: Woodsey on July 18, 2014, 11:02:40 AM lol poker players, it's just 1 comp, accept it in the spirit it's intended and move on with life. Calling Glenn a "poker player" is artistic licence, imo. For starters, he's old. Ahh we haven't had the old v young debate for a while, maybe it's due again ;D Title: Re: Injun giving Post by: nirvana on July 18, 2014, 11:06:37 AM Joking aside Glenn I think this is a real borderline case. Your mate wants to do something nice but can't quite commit to a full, no strings job, while you on the other hand don't want to be forced to give away half the prize pool of a relatively small comp. If it were a bigger comp, says £500 or something it would be a different matter, but as it is I think your best option is to politely refuse. So are we saying a "thanks" from a mate has to be a worth while thanks to be accepted!? Extreme example, if i read the situ correctly, you chuck in 20p into a homeless person bowl and he rolls his eyes and tuts- you'd could feel abit offended that he didnt accept it graciously!? But the beggar chap was purely a receiver. I gave freely before receiving. Im in a spin Title: Re: Injun giving Post by: nirvana on July 18, 2014, 11:08:38 AM lol poker players, it's just 1 comp, accept it in the spirit it's intended and move on with life. Calling Glenn a "poker player" is artistic licence, imo. For starters, he's old. haha. Must be old. I prefer mixed games downtown now too :) Title: Re: Injun giving Post by: nirvana on July 18, 2014, 11:10:17 AM Think ill just show this thread to the 'giver' and see if I can shame him into doing right by me.
Title: Re: Injun giving Post by: Woodsey on July 18, 2014, 11:11:33 AM Think ill just show this thread to the 'giver' and see if I can shame him into doing right by me. Tell him your worth 2.2 mark up :)up Title: Re: Injun giving Post by: tikay on July 18, 2014, 11:12:58 AM lol poker players, it's just 1 comp, accept it in the spirit it's intended and move on with life. Calling Glenn a "poker player" is artistic licence, imo. For starters, he's old. haha. Must be old. I prefer mixed games downtown now too :) The average age in those Downtown Mixed things was around 70, & well over half were female. And almost all of them were seriously grumpy. Old people generally are, I find. Title: Re: Injun giving Post by: RED-DOG on July 18, 2014, 11:18:09 AM lol poker players, it's just 1 comp, accept it in the spirit it's intended and move on with life. Calling Glenn a "poker player" is artistic licence, imo. For starters, he's old. haha. Must be old. I prefer mixed games downtown now too :) The average age in those Downtown Mixed things was around 70, & well over half were female. And almost all of them were seriously grumpy. Old people generally are, I find. I know you jest, but really nothing could be further from the truth. old people generally just smile and get on with things, young people whine all the time.. "I hate everything. Wheres all the stuff the world owes me?" OK. I'm off out. My work here is done. Title: Re: Injun giving Post by: tikay on July 18, 2014, 11:19:20 AM Lol, I've started him off now...... Title: Re: Injun giving Post by: Ironside on July 18, 2014, 11:31:00 AM Lol, I've started him off now...... Title: Re: Injun giving Post by: EvilPie on July 18, 2014, 02:09:30 PM Joking aside Glenn I think this is a real borderline case. Your mate wants to do something nice but can't quite commit to a full, no strings job, while you on the other hand don't want to be forced to give away half the prize pool of a relatively small comp. If it were a bigger comp, says £500 or something it would be a different matter, but as it is I think your best option is to politely refuse. So are we saying a "thanks" from a mate has to be a worth while thanks to be accepted!? Extreme example, if i read the situ correctly, you chuck in 20p into a homeless person bowl and he rolls his eyes and tuts- you'd could feel abit offended that he didnt accept it graciously!? The actual comparison would be chucking 20p in a bowl for a homeless person but saying "oh by the way, if you decide to buy a sandwich with it I want half of it". The friend might think he's doing a favour but he really isn't. Glen can afford to play this comp himself so what the friend is doing is actually giving him £75 (very generous not to be sniffed at) and staking him for £75 (pretty shit when you really don't want to be staked. Politely refuse would be my opinion saying that you don't like to play with other people's money. If he really wants to treat you then a night out with a £150 budget between you would be far more appropriate. Title: Re: Injun giving Post by: kinboshi on July 18, 2014, 02:14:46 PM Think the friend also is looking forward to a bit of a sweat with his 'generosity'.
Title: Re: Injun giving Post by: Simon Galloway on July 18, 2014, 02:35:44 PM Play it, but you have to raise if you have a red 4 or a black 7 in your hand. Meanwhile, see if you can can quoff £75 of Merlot while u wait.
Title: Re: Injun giving Post by: GreekStein on July 18, 2014, 02:55:45 PM Joking aside Glenn I think this is a real borderline case. Your mate wants to do something nice but can't quite commit to a full, no strings job, while you on the other hand don't want to be forced to give away half the prize pool of a relatively small comp. If it were a bigger comp, says £500 or something it would be a different matter, but as it is I think your best option is to politely refuse. So are we saying a "thanks" from a mate has to be a worth while thanks to be accepted!? Extreme example, if i read the situ correctly, you chuck in 20p into a homeless person bowl and he rolls his eyes and tuts- you'd could feel abit offended that he didnt accept it graciously!? The actual comparison would be chucking 20p in a bowl for a homeless person but saying "oh by the way, if you decide to buy a sandwich with it I want half of it". The friend might think he's doing a favour but he really isn't. Glen can afford to play this comp himself so what the friend is doing is actually giving him £75 (very generous not to be sniffed at) and staking him for £75 (pretty shit when you really don't want to be staked. Politely refuse would be my opinion saying that you don't like to play with other people's money. If he really wants to treat you then a night out with a £150 budget between you would be far more appropriate. Whilst I basically agree with everything else in your post, the analogy is wrong. Title: Re: Injun giving Post by: arbboy on July 18, 2014, 03:03:27 PM My opinion fwiw.
I would ask myself three questions. Firstly, was i expecting any 'thank you' for what i have done for my friend to offer me this gift Secondly, will the friend expect anything other than the 50% return in the future. ie give you any grief etc if you don't cash/play badly etc Finally , were you intending to play the comp anyway? If the answer to the first two questions is no and the final question is yes then surely its a no brainer to accept his very kind offer (assuming its £150 + £15 = £165) of £82.50 which effectively this is a gift of. This obviously assumes you are an average player in the field. I don't know which comp this is so i can't comment on this. If you were not intending on playing this comp and you will incur additional exs/hassle travelling to it then its a totally different matter imo and i think you are totally within your rights to decline. Something similar to this happened to me at Stoke a while ago. I gave a reg in the casino a few pieces of punting info with nothing attached as i liked the guy to have a drink with during the local reg cash game. He landed a couple of decent touches with them and offered me a simialr deal of putting me into the monthly £150 and going 50/50 on any returns. I snapped his hand off. Title: Re: Injun giving Post by: Marky147 on July 18, 2014, 03:19:21 PM I still think this is a wind up :D
Title: Re: Injun giving Post by: tikay on July 18, 2014, 03:25:00 PM I still think this is a wind up :D Yeah, It's probably the other way round, and was Glenn's way of thanking Chompy for giving him yet another winner. Title: Re: Injun giving Post by: Simon Galloway on July 18, 2014, 04:35:23 PM I still think this is a wind up :D Yeah, It's probably the other way round, and was Glenn's way of thanking Chompy for giving him yet another winner. But that would also be equally pointless to get bogged down on payout terms. Title: Re: Injun giving Post by: nirvana on July 18, 2014, 05:43:25 PM Thanks for all the responses - I think Matt nails it closest and if this guy ever went out socially I'd go that route for sure.
Arbboy - you make some good points, yes I would have played and no, I certainly did not expect anything. This guy is very driven and slightly on the tight side. I have shared a table with you in the distant past and of course, I agree you should snap take the stake in similar circumstances. Kin has lightened the tone nicely with his mention of a 'sweat' from this misguided adventure. Tomorrow is the day 1, think I'll just leave it and see what transpires - I think these things are always easier to sort out after the event. Title: Re: Injun giving Post by: MANTIS01 on July 19, 2014, 09:11:10 AM It should be 70/30 in the backer's favour rather than 50/50. I mean the fact he's offering a player of your capabilities half of any cash for a full buy-in is very nice and very generous. Sure, the field is prob 'soft', but still, I don't think anybody can justify that kind of mark-up.
Title: Re: Injun giving Post by: Junior Senior on July 19, 2014, 05:42:02 PM My Dad paid me into a £300 comp once years and years ago for a birthday present. I would have played the comp anyway but having it paid for as a gift did take the pressure off the bankroll a bit. I was really looking forward to it and I had already made my mind up that had i won i would have booked a nice weekend away for him and my Mum or something along those lines. In the bar beforehand he suddenly declares that he wants 50% of whatever i win. I was immediately taken aback and didnt know what to say. Being ten minutes before the comp, him being my Dad etc etc, I obviously just went along with it but it massively took the shine off the gesture.. I told him that too. It actually affected my game on reflection.
As someone said earlier gifts simply do not come with conditions, freerolls or expectations of reciprocation. Title: Re: Injun giving Post by: Chompy on July 20, 2014, 03:58:48 AM To funny
Title: Re: Injun giving Post by: nirvana on July 20, 2014, 11:59:13 AM To funny Exo, a great montage. Anyway, for any remaining readers. I tried to engage with the man who gave me the 'present' yesterday. I repeatedly told him that I was capping his share at £1,000 as I think this is the fairest way out but he wasn't having it - how I laughed when he bust. Anyway, obv back for Day 2 after smashing into Aces and Queens with KQ and crushing them both on the flop.. tbf it's the only hand I played fearlessly so a well deserved outcome. Have to decide later whether to throw the game and avoid a cash or if we luckbox our way to a final, work out an undisclosed chop so the cap isn't reached. One way or another I'm gonna stick to my guns on this and if the grim is the only club in the bag then it will be swung. Title: Re: Injun giving Post by: RED-DOG on July 20, 2014, 12:06:12 PM To funny Exo, a great montage. Anyway, for any remaining readers. I tried to engage with the man who gave me the 'present' yesterday. I repeatedly told him that I was capping his share at £1,000 as I think this is the fairest way out but he wasn't having it - how I laughed when he bust. Anyway, obv back for Day 2 after smashing into Aces and Queens with KQ and crushing them both on the flop.. tbf it's the only hand I played fearlessly so a well deserved outcome. Have to decide later whether to throw the game and avoid a cash or if we luckbox our way to a final, work out an undisclosed chop so the cap isn't reached. One way or another I'm gonna stick to my guns on this and if the grim is the only club in the bag then it will be swung. When it comes to great prose, blonde has an embarrassment of riches. Title: Re: Injun giving Post by: tikay on July 20, 2014, 12:12:02 PM To funny Exo, a great montage. Anyway, for any remaining readers. I tried to engage with the man who gave me the 'present' yesterday. I repeatedly told him that I was capping his share at £1,000 as I think this is the fairest way out but he wasn't having it - how I laughed when he bust. Anyway, obv back for Day 2 after smashing into Aces and Queens with KQ and crushing them both on the flop.. tbf it's the only hand I played fearlessly so a well deserved outcome. Have to decide later whether to throw the game and avoid a cash or if we luckbox our way to a final, work out an undisclosed chop so the cap isn't reached. One way or another I'm gonna stick to my guns on this and if the grim is the only club in the bag then it will be swung. Old people write so well. Title: Re: Injun giving Post by: GreekStein on July 20, 2014, 12:59:06 PM To funny Exo, a great montage. Anyway, for any remaining readers. I tried to engage with the man who gave me the 'present' yesterday. I repeatedly told him that I was capping his share at £1,000 as I think this is the fairest way out but he wasn't having it - how I laughed when he bust. Anyway, obv back for Day 2 after smashing into Aces and Queens with KQ and crushing them both on the flop.. tbf it's the only hand I played fearlessly so a well deserved outcome. Have to decide later whether to throw the game and avoid a cash or if we luckbox our way to a final, work out an undisclosed chop so the cap isn't reached. One way or another I'm gonna stick to my guns on this and if the grim is the only club in the bag then it will be swung. Old people write so well. Yes. Yes we do. Title: Re: Injun giving Post by: RED-DOG on July 20, 2014, 01:12:43 PM To funny Exo, a great montage. Anyway, for any remaining readers. I tried to engage with the man who gave me the 'present' yesterday. I repeatedly told him that I was capping his share at £1,000 as I think this is the fairest way out but he wasn't having it - how I laughed when he bust. Anyway, obv back for Day 2 after smashing into Aces and Queens with KQ and crushing them both on the flop.. tbf it's the only hand I played fearlessly so a well deserved outcome. Have to decide later whether to throw the game and avoid a cash or if we luckbox our way to a final, work out an undisclosed chop so the cap isn't reached. One way or another I'm gonna stick to my guns on this and if the grim is the only club in the bag then it will be swung. Old people write so well. Yes. Yes we do. Lol. How old are you now Cos, 26ish? Title: Re: Injun giving Post by: GreekStein on July 20, 2014, 01:46:11 PM To funny Exo, a great montage. Anyway, for any remaining readers. I tried to engage with the man who gave me the 'present' yesterday. I repeatedly told him that I was capping his share at £1,000 as I think this is the fairest way out but he wasn't having it - how I laughed when he bust. Anyway, obv back for Day 2 after smashing into Aces and Queens with KQ and crushing them both on the flop.. tbf it's the only hand I played fearlessly so a well deserved outcome. Have to decide later whether to throw the game and avoid a cash or if we luckbox our way to a final, work out an undisclosed chop so the cap isn't reached. One way or another I'm gonna stick to my guns on this and if the grim is the only club in the bag then it will be swung. Old people write so well. Yes. Yes we do. Lol. How old are you now Cos, 26ish? I know I look younger than my years but 26?! Thanks Tom I'm flattered. Unfortunately you're out by some 14 months! I'm 27 Title: Re: Injun giving Post by: RED-DOG on July 20, 2014, 01:48:29 PM To funny Exo, a great montage. Anyway, for any remaining readers. I tried to engage with the man who gave me the 'present' yesterday. I repeatedly told him that I was capping his share at £1,000 as I think this is the fairest way out but he wasn't having it - how I laughed when he bust. Anyway, obv back for Day 2 after smashing into Aces and Queens with KQ and crushing them both on the flop.. tbf it's the only hand I played fearlessly so a well deserved outcome. Have to decide later whether to throw the game and avoid a cash or if we luckbox our way to a final, work out an undisclosed chop so the cap isn't reached. One way or another I'm gonna stick to my guns on this and if the grim is the only club in the bag then it will be swung. Old people write so well. Yes. Yes we do. Lol. How old are you now Cos, 26ish? I know I look younger than my years but 26?! Thanks Tom I'm flattered. Unfortunately you're out by some 14 months! I'm 27 So it's 14 months since you were 26? That makes you 28. Title: Re: Injun giving Post by: tikay on July 20, 2014, 01:48:47 PM You'd better get ready to call a shove there Conky. Title: Re: Injun giving Post by: GreekStein on July 20, 2014, 08:59:59 PM You'd better get ready to call a shove there Conky. I'm too old to do anything but fold Title: Re: Injun giving Post by: dwayne110 on July 21, 2014, 12:11:20 AM You're getting a £75 tournament freeroll effectively as a gift, he risks £150 which most of the time he won't see again as most of the time you won't cash - seems a decent gift to me?
If you were definitely going to play it already then surely from an equity viewpoint it's a no brainer - 1/2 of the potential winnings at £0 cost or 100% of potential winnings at £150 cost. Run that 1000 times and I know which option will be the most profitable! Title: Re: Injun giving Post by: Ironside on July 21, 2014, 12:15:32 AM You're getting a £75 tournament freeroll effectively as a gift, he risks £150 which most of the time he won't see again as most of the time you won't cash - seems a decent gift to me? If you were definitely going to play it already then surely from an equity viewpoint it's a no brainer - 1/2 of the potential winnings at £0 cost or 100% of potential winnings at £150 cost. Run that 1000 times and I know which option will be the most profitable! you obviously seen nirvana play noether stake will return any funds if you only run it 1000 times as nirvana only cashes once every 50,000 games (9 man sngs) Title: Re: Injun giving Post by: nirvana on July 21, 2014, 09:58:12 AM Fortunately I didnt cash after getting it in bad (x2) and being spectacularly outplayed (x1)
Naturally, id like to extend the warmest thanks to my benefactor. Oi oi |