blonde poker forum

The Event- EPT London. Info can be found here http://www.europeanpokertour.com/tournaments/london/

The buy in- £5250

I'm selling 50% at 1.2.

My hendonmob: http://pokerdb.thehendonmob.com/player.php?a=r&n=84288

George2loose on stars (OPR)

I really feel like my tournament game has improved in the last 12 months and the odd dodgy call aside I am spewing off a lot less. Jared's session and the mental game of poker have also helped me focus more/tilt less and play to my full potential. From feedback, I expect the field to be mixed. I am charging a mark up for which I'm proposing some sort of payback. (If you think I'm charging too much I couldn't really give a shit so keep you comments to yourself. kthxbye)

For those of you who don't know, I'm currently top of the UKIPT leaderboard. Should I clinch the leaderboard, anyone buying more than 5% will get a 2% freeroll in a UKIPT of my choice in season 3 (I'll space them out so I'm not piecing too much out in one event). The event will be a 500 pound/Euro event.

This brings the mark up down to 1.14 (thx Dubai)

If I manage to win EPT London, I would roll over %'s to the EPT grand final (yes might be planning ahead but want to clarify this now) Any other extras will not count such as leaderboard points/UKIPT champion of champions events.

I will sell in 1% chunks and it will be by bank transfer only

1%= £63
2.5%= £157.50
5%=£315
10%=630

If you are interested please post here or pm. I will confirm when booked and ask for payments closer to the time.

Booked so far:

5% by PM PAID
5% Evilpie PAID
5% ToddSwain PAID
1% Pleno PAID
1% Free rollin PAID
5.5% via twitter
25% via facebook

2.5% remaining

Thanks,

you're charging too much

http://blondepoker.com/forum/index.php?topic=35197.0

that was 2008 when staking was relatively knew, even trumper was binking back then!!

i was charging too much.

You have your opinion Trigg and I respect it.

However I'm going to stick with this mark up for now. If I don't sell then I won't play.

hope you sell and hope you win met x

Thanks mate. 10%?

too rich for my blood

I also think 1.2 is a bit steep. What do you think your edge is in a £5k EPT event jam packed with top name pro's and EPT/Bracelet winners ?

Are you looking to invest? Or flaming for the sake of it?

Seriously guys- the price is there. I think I'm worth it. If you do please buy- if you don't please leave this thread to rot.

Not sure why anybody would want to flame you, I thought it was a relevant question. I don't doubt your self belief as poker player and TBH admire your confidence and self belief in winning a tourney like this. I was Interested in your thoughts, that's all.

This is a far better buy than some of the threads that have been put up lately especially with the 2% incentives on offer.

EPT London probably isn't as tough as you think it is jambo.  Gonna be around 200 online qualifiers, less US regs coming over as WSOPE not in London anymore, local players who are terrible, UKIPT regs leaderboard hunting etc ;)

lock me up 5% when the markup is lowered :P

Not thought about playing sides and selling as a package? (work/family pending)

Probably should tell people you're his online backer and therefore on the positive side; know and trust him, and on flip side, probably have a vested interest in him selling etc

Only to keep it fair

QFT

Hi mate. Hope Ur well. Unfort can't do sides due to work/family.

I'll have 1% to get the ball rolling, will maybe take more later.

last two stakings I had % in monte carlo champ/gukpt luton champ, 3rd time lucky... def lucky money.

1% too.

It's not a relevant question and it is flaming. This is no place whatsoever to be "interested in his thoughts" when it's pretty obvious that his thoughts are clearly "i'm worth 1.2.

I think Trigg is flaming as well in the interests of fairness. These threads are not really any place to be having these discussions imo

How many runners does this thing usually get?

What's my potential roi if you were to bink the lot?

Booked

Booked

First place last year was 900k

10% gone Via pm

5% then please mate.

Booked

If you put up a staking thread be prepared to be asked questions about the markup you charge, if you don't like this then don't start a thread, simples.

I personally feel the markup is too high, I had made a choice not to comment as i felt like George won't lower it even if i did but it is deffo my right to ask once he posts it on here.

Flushy- had you asked, I may have given you an answer as you're a potential investor.

I feel that others are asking for the sake of it even if they're not interested.

And you're right. The rate stays- shame I can't get any of your lucky $$$ at 1.2 but will solider on regardless :)

I'd like to ask a theoretical question, almost "ethics" really.

Theoretical, because at these numbers, the maths probably don't work very well, but....

Assume for the moment I have 5% of George, which I purchased at 1.2.

If he runs good on Day One, & makes Day Two with, say, 25% above average chips, what is the 1.2 now worth, if I could find a willing buyer? Same question with average chips, or with double average chips?

Is there already business done like this by anyone?

I'm not sure I'd ever sell any action I owned in a player if he looked like getting a big bink, but buyers would presumably be plentiful if the price were right?

Also, what would be the ethical position as to the original staker & stakee if such a deal were done? Say, for example, I sold half my 5%, could or would George have any reason to be miffed?

I'm a buyer not a seller, but I'm just curious, & I hope George does not mind me semi-hijacking his Thread. (If so, I'll split it off).

(http://www.tvweek.com/blogs/marianne-paskowski/2009/02/17/LOrealBecauseYourWorthItScr.jpg)

fwiw, i think you're worth it too. Apart from not having any staking money (or any other money obv) my money is cursed and you wouldn't want it.

Not the best etiquette to come on someone's staking thread and say you are charging too much etc, if people want to pay it, then fair enough. If you don't then why say anything at all?

Hope you sell out and win the lot. GLGL.

imo, you have paid for your 5% and it is completely your's to do with as you wish. Surely no stakee would be bothered either way?

Is my 5% booked mate ?

Yes mate booked

IMO it'd be fine. Just tell me who you're selling to at 1.5 so I can have a chat with them :D

OP amended with %'s sold so far

i disagree, geroge came on, said what he thohght he was worth then gave sufficient back up including hendon mob etc.

If somebody said, hey i want backing for ept, im charging 1.2, then fair enough, but i think it was more than detailed enough and people posting "you're not worth it" or things similar can only have a negative impact and 99/100 they dont invest so if thye have a problem keep it off the thread.

Does that go for everything?

Say for example someone comes on offering tickets to an advent but they are charging way over the correct price am i supposed to sit here and let my fellow forum users get done over or should i speak up as part of the community?

Lol, rumbled! I SO wanna be able to sell it on to Matt Russell or Flushy @ 1.5.....

Thiu, just so long as it's done constructively, & not rudely, imo.

Psst - wanna buy 5% @ 1.5?

Ever bought a bottle in a Vegas nightclub? :D

Do you really think I'm doing people over at that price? I don't believe I'm ripping people off. I have offered part of the mark up back in some sort of form. It's not guaranteed but is something.

I thought the price was fair given the freerolls your potentially handing out... Not to mention the amount of people that charge markup for the sake of it nowadays, i don't think 1.2 is unreasonable for you to ask

Fwiw the freeroll meant nothing in my considering whether or not to buy.

Also I think 1.2 is pretty high. George maybe has an edge of 1.2 but by charging 1.2 he's keeping it all for himself.

However, I see this as a gamble with a potential big return from a player who is capable of winning big comps so I feel as though I have good value for my money.

If the prizes were different I wouldn't have even considered this but if I have the potential of increasing my £300 to £30k+ it's well worth a punt.

Good luck George!!

I thought I asked a fair and simple question before making a decision on investing, but it seems not. It would have been for a very small % anyway so no great loss for you George. GL with the staking and the tourney if you play.

I was using it as an example George that's all.

I genuinely believe that you are not going to show a return over 20% in this field, as such imo it's a bad 'investment' i though feel its a great punt and if i were the kind of person who played roulette, craps or backed Brent then i would get on board.

I thought Jambo's question was perfectly fair.

Didn't look like flaming at all but I may be wrong.

Out of interest George if this comp were to run to infinity what do you think your return would be?

Do you think it's exactly 1.2 or do you think it's more like 1.4 and you're giving up some of your edge to the backers?

I know you don't particularly want to discuss it but unfortunately in your case it's worth discussing.

Some people obviously shouldn't be marking up but you have the potential to based purely on past results so there's actually an interesting debate to be had.

You're going to have to excuse me because I'm not going to be able to give you an exact roi.

Yes the field is going to be packed with a lot of good players. I also think it's going to have it's fair share of value though in terms of qualifiers/London businessman/some amatuers

It's a deep structure with a good clock and a huge first prize. I probably am charging up to the limit in terms of what I feel I'm worth and not giving much back to my backers hence the offer of the free roll.

I think the offer of rolling over %s to the EPT grand final is a fair one too. OK the likelhood of winning is not high but I know that many would stipulate that only gross cashes count and not the added extra of a grand final seat.

I apologise if I came across as brash jambo. I think people have heard this debate many times over on live tournament staking on all sorts of different threads. I have a good track record in live comps which I think is important- not at this level no, but it still shows I can play the live pokers.

If George's markup sells then it's set right.

If you look through the staking boards I'm sure you'll find lonely, orphan, staking requests with no replies where the offer was not attractive enough.

If you think George isn't value then at least on this thread you now have a list of people who you think will pay over the odds for pieces, which could be handy in any staking requests you make.

What do you think would be the spread of returns in this field Flushy?

The potential lowest is -100% and highest somewhere around 10000%

If it was played to infinity what do you think would be the highest possible roi and also the lowest?

Obviously George is somewhere in the middle but is he really that far behind the best and not far enough ahead of the worst to be less than 1.2?

Remember, in a spread of returns in a single tourney, 90% of players will have -100%.

In the long run 'somewhere in the middle' is 1.0

last year there was 848 runners, and first place has 10.6keuro added- £9500ish-

added value works out £11.20 per player or 11.2 pence per %- even if u was the best player in the field the added value would still be less than 30 pence per %

Nothing to do with the 1.2 markup but using the argument that the above is an incentive seems silly

Will add if George thinks he is worth 1.33-1 (assume thats somewhat in line if its 1.2 here) in UKIPT, add that offer and if u buy 5% you gain £13.30s equity there, plus the £0.67 from Grand Final seat- so it actually works out you are buying at 1.1428- which is obviously a decent amount less than 1.2

This also means the UKIPT offer is worth about 20x more than the EPT grand final seat offer


George should probably add this information to the OP so people can see that if u buy 5%+ u effectively are buying at 1.14 not 1.2

For the record, I do not think there has been any flaming, or inappropriate comment. In fact, it's one of the most interesting Staking Threads I've seen for the debate alone.

It's clear that the buyers have paid a "full price", but they did so with open eyes, & I'm not entirely sure that the exact price is quite as relevant as normal, as the implied odds in this case change the dynamic - see Evil Pie's comment.

Must be a finely balanced range to get the price "just so". To those who think the price is high, not arguing, but what would a "fair price" be, do you think? 1.1? Less? More?

So if I purchased exactly 5%, I need shooting? Bugger.

Might ask him to up it to 5.1% then......

I assume he meant 5% or more. If not its correct to buy 5.1%, as its costs u £5.25 more but u gain £14.24 in equity- therefore making u equity profit of £8.99 for buying 0.1% more

Lol. Beat me to it. Was just about to post asking George to clarify if 5% qualified.

I know it's pedantic but best to be clear up front.

There is no misunderstanding, Matt, his OP clearly said.....

anyone buying more than 5%

I guess if I wanted the freebie part, then I'd just have to say to him "sell me 5.1%", or even 6%.

I'm not sure I understand the maths of all this, but Dubai's Post put it in perspective for me. Originally I was not fussed about the freebie, but as explained, it makes a bit of difference I guess.

Well fortunately I haven't bought anything yet so I've got a pretty good get out clause.

Wiiii

Knew that one day, eventually, I'd secure a bargain.....

So, I got a bad price on my £315, but a well good deal for my £5.25. I run good.

Lol, are you winding me up?!

Nah my maths was wrong- cos didnt add the 1.2 markup on the £5.25- so the 0.1% costs u £6.30- so u done £1.05

Anyway- point was with the added incentives its 1.14 markup not 1.2- which George should state

Thanks Dubai- I did say more than 5% but I guess I can make it 5% or more ;)

12.5% remaining

so to de-rail this any further but interestingly this means that if 5 people teamed together and bought 5% they would be getting a £1.80 discount per person over people who bought 1% individually.

Yup. It's a sweetener for people buying at least 5%. I spose if people want to go to the trouble of forming a mini syndicate they can do so and get 2% between them in a UKIPT event

2.5% left

I'll have a dabble for 1% please.

rest..

Booked

1.5% booked and sold out

Will be messaging peeps tonight/tomorrow

gl George, win the world

Gl George, I think you handled all the challenges really well and hope you have a deep run for all backers

gl george :)

 :)up

rest, doh......

glgl

Lol.. [ ] i'm so balla

can me, leatherman, sunny and whoever else fgot 1% have it as a 5%er :)

wp george. follow the business model of supply and demand. you charge what you want in mark up and when you sell out like hot cakes then your decision has obv been vindicated.  you have an excellent record in  this comp (ukipt's) and with the added incentives you are providing more value and a sweat for your backers that is unique.

by the way you only tend to get haters when you are successful and it normally comes from button clickers who claim to know every thing about poker yet say that the hendonmob means nothing. yet when they min cash in their first tourney at 27 attempts (due to varience they managed to win 7 races on the bounce all in pre with either ace  hi or low pairs) they start posting  "wiiiiiii" on facebook, liking their own hendonmob and then telling the whole world live poker is easy and they are owning.

gtfo haters and learn from george. :)

i gotta take a little credit here!! without the bedi bashing the thread would have got less hits and the domino/snowball effect would be less prevalent.

Yeah gotta agree with this.

No way I'd have forked out 1.2 without the added value of potentilly sticking one in Trigg's eye.

Thx mate- should have bought some as a back up

Will now be sending out pm's etc after the weekend re payment

wpwp, gl george.

good luck george win it all

Everyone should have a PM with details. I will update OP as money is recd. If you have not recd anything and I've missed you for some reason let me know

Ta

Shipped, gl everyone

i owe u. sort it tomorrow, promise :)

hi mate. just impos to get to bank this week, things are chocker, sent to you over stars if you dont want ti keep it until next week/week after, il try to get to bank and u can send back to me.

Think everyone is paid up on blonde now. Looking forward to playing. Let's do this

Did you get mine dweebo?

Yes got Ur lucky dollar sicko

LOL - 'lucky' lmao, hope they are for you, I've been on life tilt for the last 7 days, need you to get a result, otherwise looks like bread & milk for xmas :S glglglgl x

Good luck George, I'll make apoint of coming to say hi at some point and intorduce myslef

I quite fancy a rail mate, so can you final please. Thanks. :)

geeeee ellllllllllllllllll
georggggggggggggge!!!

Regged at the vic. Table 44 seat 4! 12 noon start. Lets gogogogo

Oioiiiiii, best of luck tomoz

Good luck George.

win pls

Good luck today, George, come see me, & we'll do an interview for the Channel if you are interested. No dissing me though, right?

Good luck George

No probs although I have a cough and have lost my voice! Might not make great tv but I'm sure it'll make your day :D

Perfect!

15k 2nd break. Table isn't particularly tough. One big pot had to lay Down QQ on a jt3j7 board. Not got a c bet thru yet.

I am out. I will do a full report when my head is right. I butchered one hand and then just lost my head. I am pretty gutted right now and can only apologise.

gl mate

Apologise? We don't want any of that nonsense. You gave it your best, it did not work out, next case.

Gutted now? I know you are. Move on mate, poker is a brutal mistress sometimes, but think of the pleasure she gives, too....

Was good to see you yesterday, & thanks for the interview.