20% share (total) for sale in Waterford €500 event

[AndrewT]

Does anyone else playing in Waterford consider themselves to have an expected ROI of 100%?

given the nature of poker players, I'd say 90% of the field assumes they have at least a 100% ROI

I've always thought I'd like to conduct an experiment where every entrant into a poker tournament is asked if they consider themselves to be better or worse than the average player in the field and if they could quantify that into a figure. They're not all going to cancel out are they?

Given my ticket only cost me €80, I'm still not sure I have an expected 100% ROI in this.

I will give you $160 for your ticket ... instant 100% ROI.

1) Sell stake to Kev
2) Buy stake in M3boy
3) Chip dump to M3boy
4) Profit

[Ironside]

Does anyone else playing in Waterford consider themselves to have an expected ROI of 100%?

given the nature of poker players, I'd say 90% of the field assumes they have at least a 100% ROI

I've always thought I'd like to conduct an experiment where every entrant into a poker tournament is asked if they consider themselves to be better or worse than the average player in the field and if they could quantify that into a figure. They're not all going to cancel out are they?

Given my ticket only cost me €80, I'm still not sure I have an expected 100% ROI in this.

I will give you $160 for your ticket ... instant 100% ROI.

1) Sell stake to Kev
2) Buy stake in M3boy
3) Chip dump to M3boy
4) Profit

he said whole ticket not a stake

[UpTheMariners]

i tell you what m3 send me €200 and il have a 20% stake in you 

[M3boy]

Does anyone else playing in Waterford consider themselves to have an expected ROI of 100%?

I do not quite understand what you are saying here.

If someone buys into a tournament and does not think they have an expected ROI of at least 100%, then why enter?

If you think your ROI is less than this, what you are saying is that you have no confidence in your own ability to make the money. Surely this is a defeatest attitude?

As conceited as it may be, EVERY tournament I buy into I am confident in my own ability to win it - or else I wouldnt buy in!

I am also sure that most people buying in have the same attitude - are you saying this is wrong?

[byronkincaid]

EVERY tournament I buy into I am confident in my own ability to win it - or else I wouldnt buy in!

I am willing to sell a total of 20% of myself at a cost of €10 per 1%.

Why? I don't understand why a presumably successful accountant and winning sponsored/affiliated/whatever poker player needs £140 so much? I'm not trying to be rude and I don't think I am, I think it's a fair question as you have started this thread but obv you don't have to answer if you don't want to. I mean if you have just had your boiler blow up and your car pack up and a shit load of expenses and you can't get a refund on the travel and hotel expenses if you withdrew from the comp then fair enough I guess.

[M3boy]

[Why? I don't understand why a presumably successful accountant and winning sponsored/affiliated/whatever poker player needs £140 so much? I'm not trying to be rude and I don't think I am, I think it's a fair question as you have started this thread but obv you don't have to answer if you don't want to. I mean if you have just had your boiler blow up and your car pack up and a shit load of expenses and you can't get a refund on the travel and hotel expenses if you withdrew from the comp then fair enough I guess.

No you are not being rude.

I do not need the £140. That was not the point of the thread. I started this due to Ralphs comments on the "staking players" thread. I just thought it would be an interesting topic. Weather there are any takers or not does not affect me in any way shape or form.

Confident in my own ability to win - does not mean I will win. There is alot of luck in poker you know.

Money is not the be all and end all. If it was, I am sure Pab would not have put money into a prize pool not so long ago or by agreeing to play very low stakes cash games on blonde and thereby passing up the oppotunity to make money himself.

Blonde is a community, and I think madasahatstand has got the point - it is meant as a bit of fun/ineterst for people not playing the event, and yes a chance to make some money this is true.

I am not the best when it comes to explaining myself, but hopefully you will see what I am trying to say.

[jakally]

[

Blonde is a community, and I think madasahatstand has got the point - it is meant as a bit of fun/ineterst for people not playing the event, and yes a chance to make some money this is true.

I am not the best when it comes to explaining myself, but hopefully you will see what I am trying to say.

The community bit is fine, but if it is a bit of fun, why put some juice on top?
If you were offering a %age at the buy in rate then I would've been interested.

I know its only a few £ difference, but it's not the money, it's the principle.

[AndrewT]

Does anyone else playing in Waterford consider themselves to have an expected ROI of 100%?

I do not quite understand what you are saying here.

If someone buys into a tournament and does not think they have an expected ROI of at least 100%, then why enter?

If you think your ROI is less than this, what you are saying is that you have no confidence in your own ability to make the money. Surely this is a defeatest attitude?

As conceited as it may be, EVERY tournament I buy into I am confident in my own ability to win it - or else I wouldnt buy in!

I am also sure that most people buying in have the same attitude - are you saying this is wrong?

Yeah, I wasn't clear - that's what happens when you post at 1am when you come in from the pub.

I should have said an expected ROI of 200% - ie your total winnings will be double your total buy-ins (as you're saying that every €10 of entry fee someone buys is actually worth €20).

Of course poker players tend to think that they have more of an edge over the field than they may actually do, but backers should be able to take a more objective view and say 'Hang on, is this price really justifiable'.

[KingPoker]

[

Blonde is a community, and I think madasahatstand has got the point - it is meant as a bit of fun/ineterst for people not playing the event, and yes a chance to make some money this is true.

I am not the best when it comes to explaining myself, but hopefully you will see what I am trying to say.

The community bit is fine, but if it is a bit of fun, why put some juice on top?
If you were offering a %age at the buy in rate then I would've been interested.

I know its only a few £ difference, but it's not the money, it's the principle.

Agreed, the deal doesnt have a community feel to it to me anyway.

Plus im not a gambler so wont just throw money at any offer.

I hope you do make your "shareholders" a good return and good luck out there, but i just dont think its viable. Im out.



 

[totalise]

[

Blonde is a community, and I think madasahatstand has got the point - it is meant as a bit of fun/ineterst for people not playing the event, and yes a chance to make some money this is true.

I am not the best when it comes to explaining myself, but hopefully you will see what I am trying to say.

The community bit is fine, but if it is a bit of fun, why put some juice on top?
If you were offering a %age at the buy in rate then I would've been interested.

I know its only a few £ difference, but it's not the money, it's the principle.

Agreed, the deal doesnt have a community feel to it to me anyway.

Plus im not a gambler so wont just throw money at any offer.

I hope you do make your "shareholders" a good return and good luck out there, but i just dont think its viable. Im out.



 

when are you gonna sell 10% of your action for 20% of the value? I been waiting years to invest in a lucksack as prevalent as you!!!

[KingPoker]

[

Blonde is a community, and I think madasahatstand has got the point - it is meant as a bit of fun/ineterst for people not playing the event, and yes a chance to make some money this is true.

I am not the best when it comes to explaining myself, but hopefully you will see what I am trying to say.

The community bit is fine, but if it is a bit of fun, why put some juice on top?
If you were offering a %age at the buy in rate then I would've been interested.

I know its only a few £ difference, but it's not the money, it's the principle.

Agreed, the deal doesnt have a community feel to it to me anyway.

Plus im not a gambler so wont just throw money at any offer.

I hope you do make your "shareholders" a good return and good luck out there, but i just dont think its viable. Im out.



 

when are you gonna sell 10% of your action for 20% of the value? I been waiting years to invest in a lucksack as prevalent as you!!!

lmao, maybe i'll sell when i start losing money.

[dazzaster]

[

Blonde is a community, and I think madasahatstand has got the point - it is meant as a bit of fun/ineterst for people not playing the event, and yes a chance to make some money this is true.

I am not the best when it comes to explaining myself, but hopefully you will see what I am trying to say.

The community bit is fine, but if it is a bit of fun, why put some juice on top?
If you were offering a %age at the buy in rate then I would've been interested.

I know its only a few £ difference, but it's not the money, it's the principle.

It seems like M3's point has been missed here, if you read the staked players thread he explains that he was goig to try this for an experiment, based on travel, expenses & buy in. would anyone stake him?

[totalise]

[

Blonde is a community, and I think madasahatstand has got the point - it is meant as a bit of fun/ineterst for people not playing the event, and yes a chance to make some money this is true.

I am not the best when it comes to explaining myself, but hopefully you will see what I am trying to say.

The community bit is fine, but if it is a bit of fun, why put some juice on top?
If you were offering a %age at the buy in rate then I would've been interested.

I know its only a few £ difference, but it's not the money, it's the principle.

Agreed, the deal doesnt have a community feel to it to me anyway.

Plus im not a gambler so wont just throw money at any offer.

I hope you do make your "shareholders" a good return and good luck out there, but i just dont think its viable. Im out.



 

when are you gonna sell 10% of your action for 20% of the value? I been waiting years to invest in a lucksack as prevalent as you!!!

lmao, maybe i'll sell when i start losing money.

so like, from 2003 onwards? boom boom

[KingPoker]

sigh!

but now u come to mention it.....

[UpTheMariners]

if someones roi is 100% is it worth playing the comp? (500 buyin + 500 expenses). on average your only going to comeback with a return of 1000 euros everytime. just going on the opr website most profitable players roi is between 0-100% therefore is travelling to play comps worthwhile?