Staking proposal
Background
I’m an mtt player. Pure n simple. Have been playing $5-$15 mtt’s for approx 2 years, am comfortably up, but I want to start moving up. I could’ve done it with my winnings, but real life gets in the way of that.
In the last year, I’ve been on several final tables eg finished 6th in the 35k on Blonde, both the A and B Early Doubles on
Full Tilt, won the 6k on Blonde in January as well as consecutive final tables on the 10k on Blonde. Have also gone very deep on stars ( 10th and 16th in the 30k)
http://www.pocketfives.com/scores/amcgrath1ukThese are the tournaments I intend to play, all on Blonde. Due to work, I may end up playing more of the later starts than the earlier starts, on some nights I may play just 1 or 2 mtts, on others, would be playing them all.
The only other Blonde tournaments I’ll be playing when undertaking this proposal will be the Blonde league ( if I can play them), which I will play with my own roll ( I will keep very precise records which can be sent to any of the stakers at any time.
$4000GP $15+$1.50 at 15:30
$4000GP $10+$1 at 17:00
$3000GP $20+$2at 17:45
$4500GP $20+$2at 18:45
$6000GP $30+$3at 18:55
$10000GP $10+$1 at 19:30
$4000GP $10+$1 at 22:00
$5000GP $20+$2 at 22:15
The amount I’m looking for is $1500, obviously 10% blocks for $150, 5% blocks at $75.
It will be 50/50 on winnings. Eg if the pot at the end of the staking period ( when the $1500 has been spent on buy ins) is $2500, I will be keeping $500, and the $500 split between the stakers.
At the end of the 1st period of buy ins, the staker will also be given the chance to withdraw from the agreement. If in profit, they will receive their full stake back + agreed % of profit. If in loss, they will receive the right % back. ( eg if the pot is $1000, then if someone has staked 10% for $150, they will receive $100 back). I’d imagine it will take between 30-50 days to play this amount, it all obviously depends on my work hours.
I will update this opening post with % sold. If and when I’m fully sold out, I’ll be getting in touch with everyone who wishes to stake me.
If there’s any more questions, don’t hesitate to ask me on this thread or PM me.
5% RedSimon
5% Silo Graham
5% Robert HM
10% TheChipPrince
20% A.N.Other
10% A.N.Other 2
10% A.N.Other 3
10% gatso
5% MC
10% Bongo
5% Suzanne
5% left, which I'll keep if noone wants it..
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