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Author Topic: Stake Amatay in the Caribbean :-)  (Read 11148 times)
Amatay
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« on: November 12, 2008, 01:40:58 PM »

Right here it goes.... gulp.

As some of you know i was lucky enough to be invited onto the CPC by a friend this year however i obv need to buyin direct into the tourns because i didnt qualify. During this time i am looking for some backing to help buy me into some of the tourns on the trip, a $440 FO a $550 and a $1100FO. Here is the full schedule...
http://www.caribbeanpokerclassic.com/details.html

Why should you stake me...

I have been playing poker for 4 yrs and in that time made about $160k profit and have been playing poker for a living since Jan. I am an above average fish online and i have now made $20k profit from MTT's alone since reverting from cash games to tournaments in early Sept of this year. Here is my OPR stats on PP...
http://www.officialpokerrankings.com/partypoker/STUP1D_F1SH/poker/results/B9C21ECE84D34AAC9788768CE23081FA.html?t=2
I also play a fair amount of mtt's on ipoker and have made good money there. Here are my FTP stats but i rarely play there tbh its mainly stats from SnGays...
http://www.officialpokerrankings.com/fulltiltpoker/amatay/poker/results/74C689D18332468CBBAEF625FDBB9871.html?t=2

What about my live experience???
Well, i wont bullshiz you and these tourns will be the biggest buyin games i have ever played live poker in
My live game achievements include finishing 2nd in a televised Late Night Poker Ace heat a few years back reaching the Semi final. I have also played in and won/cashed in numerous other live games at Luton, Brighton, London Vic, Equal Chance, The Gutshot Club, Las Vegas (Bellagio, Planet HollyWood, Caesars) and my local Rilays club and I have also played a ton of home games etc etc.

So the total i need is $2100.

I am thinking of selling blocks of $210 which is obv 10% of the total i need. For your stake you will recieve 5.5% of any profit plus stake back.

Let me know here if you are interested either here or via pm and we will sort something out.
I understand that this is more of a punt because its only 3 tourn but i usually run good even thou i got [censored] robbed yesterday for £5.5k from online fraud which is partly the reason for me asking to be staked cause all my other monies is kinda tied up atm.

Cheers

Flame away....
« Last Edit: November 12, 2008, 02:13:04 PM by Amatay » Logged

There is no better feeling than rocking up in a city for the first time, with nowhere to stay and everything new - so liberating.
Amatay
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« Reply #1 on: November 12, 2008, 01:46:20 PM »

10% gone :-)
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There is no better feeling than rocking up in a city for the first time, with nowhere to stay and everything new - so liberating.
sledge13
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« Reply #2 on: November 12, 2008, 01:57:47 PM »

Gl Fishay!
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Amatay
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« Reply #3 on: November 12, 2008, 01:58:16 PM »

20% gone
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There is no better feeling than rocking up in a city for the first time, with nowhere to stay and everything new - so liberating.
Amatay
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« Reply #4 on: November 12, 2008, 02:38:47 PM »

30%
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There is no better feeling than rocking up in a city for the first time, with nowhere to stay and everything new - so liberating.
AndrewT
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« Reply #5 on: November 12, 2008, 02:55:48 PM »

I'm not interested but my friend Jesus Roque has recently come into some money and is looking to invest - I'll see if he wants a piece.
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action man
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« Reply #6 on: November 12, 2008, 02:56:40 PM »

why would you want to play poker in the caribean. Go on beaver patrol imo
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T_Mar
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« Reply #7 on: November 12, 2008, 03:01:46 PM »

I'm not interested but my friend Jesus Roque has recently come into some money and is looking to invest - I'll see if he wants a piece.

LMAO!!!

GL on cruise Amatay..
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Dubai
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« Reply #8 on: November 12, 2008, 03:03:16 PM »

If you have seriously sold 30% then fair play, if not il buy the whole lot, and you can have 35% of profits after all buyins added together. The rate you are selling is ridiculous imo. If you are interested Flushy will point me out to you
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T_Mar
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« Reply #9 on: November 12, 2008, 03:08:29 PM »

If you have seriously sold 30% then fair play, if not il buy the whole lot, and you can have 35% of profits after all buyins added together. The rate you are selling is ridiculous imo. If you are interested Flushy will point me out to you


Excuse my lack of knowledge on the subject, can you explain why the deal is ridic? I have no experience of staking or being staked, and am interested in what is regarded as a standard agreement or a fair deal in this situation?

ta
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Dubai
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« Reply #10 on: November 12, 2008, 03:10:55 PM »

He is selling at 1.81-1

Gl
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T_Mar
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« Reply #11 on: November 12, 2008, 03:48:20 PM »

He is selling at 1.81-1

Gl


So based on your offer, a standard/fair price for this kind of deal is roughly 1.5 - 1??




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Graham C
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« Reply #12 on: November 12, 2008, 03:50:05 PM »

Is a fair price not circa 1-1?  You are paying 10% of the entries, you'd want 10% of the money surely?
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T_Mar
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« Reply #13 on: November 12, 2008, 03:55:00 PM »

Is a fair price not circa 1-1?  You are paying 10% of the entries, you'd want 10% of the money surely?

That would mean Amatay playiing for nothing - I guess 1-1 would be fair if he was only selling half of himself??

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GreekStein
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« Reply #14 on: November 12, 2008, 03:56:41 PM »

Is a fair price not circa 1-1?  You are paying 10% of the entries, you'd want 10% of the money surely?

You would if the player was of an even skill level to the rest of the field.

If a player can back up that they have a significant edge then they can fairly charge a premium
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