My Colombia auction sparked a hell of a lot of controversy this week, and it closed last night at 1.55. There's a 20% tax on winnings so this equates to about 1.9 in real terms.
Plenty of people have been saying how bad value this is. I'm not taking it personally and I'm not offended by this but I would like to give those people an opportunity to put their money where their mouth is and back myself at that price. You get a lot of people chatting a lot of shit saying how x is terrible value but I wonder how many of those people would actually put their money at risk and lay me in this tournament.
I've written this on the thread but doubt many people will read it there, to confirm:
Minimum 5%, maximum 25%. 5% costs £116.63. So if you want to lay me 5%, I'll give you £116 and you're liable to pay 5% of my gross prize money after tax. No final table deals, based on last years figures, you're exposure would be about £8k per 5%.
Obviously only accepting offers from people I know and trust pretty well.
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