March 1st-31st Heads Up STT proposal

[MC]

Okay, this staking venture is solely based on forcing me to keep good bankroll management and to prevent me from wasting my time on the limit cash tables as has been the case in the last couple of weeks!

Proposal:

I'm looking for a €1200 roll to play Heads-Up STTs on the Boss network.

5% action = €60
10% action = €120

Please understand that I will be buying half of the shares myself. Therefore 50% is available. Will say a max 10% investment unless only a couple of people end up being interested...

This proposal will run for the duration of March, after which the profits will be split thus:
49% to backers (I am counting myself as a backer), 49% to me, 2% to the Blonde Forum*

Profits will include 30% rakeback.

Original stake will be returned at the end of the month assuming all goes well. If I make a loss, you will recieve back the appropriate percentage.

*I hope it's okay that I'm gonna play these on Poker Heaven. I have a good VIP deal with them and also there's a few regs that I'd rather not play generally know to avoid me and my Celeb Poker username is completely different.


Bankroll rules:

I am only intending to play Heads-up STTs on this account throughout, no cash games

I may play the occasional MTT with the same buy-in guidelines as for heads ups, but I stress this will only be the random one to break up the monotony! Obv backers get the same cut..

At the beginning of each individual game, I must meet these requirements:

Buy-in:       Required Bankroll:
€10+0.50            Any
€15+0.75           €200
€20+1                €400
€25+1.25           €600
€30+1.5             €900
€40+2               €1200
€50+2.50          €1500
€75+3.50          €2250
€100+4.50        €3000

If I digress from these rules, which you should be able to monitor on Sharkscope, everyone will be entitled to full stakeback, plus whatever rakeback they are owed.


Volume:

Not sure how much I'll manage to play, but it should be a fair amount. Have played Heads Ups on 30 days of this year, playing 1250 games.

Will post updates in the thread everyday, along the lines of what I do in my blog
 

Experience:

Basically I've played a shitload of these, and have a decent winrate. Here are my sharkscopes.

http://www.sharkscope.com/index.html?username=Atkinator&network=boss&searchtype=SNGO
http://www.sharkscope.com/index.html?username=theMBK&network=boss&searchtype=SNGO
http://www.sharkscope.com/index.html?username=Atkinator-&network=boss&searchtype=SNGO

I realise the last one (which I will be playing on) looks dodgy, but that includes the 1200 turbo 10 man games I played back in September (see here), and just a sick run at the high stakes STTs for that big dip.

I'd suggest to you that this is an unrisky investment. I realise the roll is pretty small but I figure this was kind of a trial run, and if it goes well, I might look into doing more stuff like this in the future.

Feel free to ask any questions. Will PM those that are interested with shipping details upon full sale...


Shares sold:

LeKnave - 10% (shipped)
Gatso - 10% (shipped)
Anon - 10% (shipped)
Bongo - 5% (shipped)
dino1980 - 5% (shipped)
CelticGeezeer - 5% (shipped)
GreekStein (PM) - 5% (shipped)

[LeKnave]

So you're basically selling @ 1:1, slightly less if u factor in the 2% to blonde?

If thts right im in for w/e i can have plz.

[Bongo]

I'll have 5% please.

Will you be able to take a Full Tilt transfer?

[Graham C]

edited pending

[MC]

So you're basically selling @ 1:1, slightly less if u factor in the 2% to blonde?

If thts right im in for w/e i can have plz.

No man I think this is wrong, it's a much dirtier %

Effectively I will get ~75% profits as I am counting myself as a backer.

If people didn't realise this they can edit out their contribution and sorry if I didn't explain that great.

[Graham C]

So if you made 1000 profit, you'd take 500 for doing it, then 250 for your cut? (ish, excluding blonde payout)

[MC]

So if you made 1000 profit, you'd take 500 for doing it, then 250 for your cut? (ish, excluding blonde payout)

Yes dude...

I realise it sounds a little gay, but it's the same as if I offered the full 100% out and got half the winnings myself in effect. I just might as well play half a buyin lower if I was gonna do that so it wouldn't be worth it for me...

[Graham C]

ah, sorry I misunderstood the OP too.  Not sure it's going to be worth my while for my bit, will leave for others.   Good luck with it

[Bongo]

So you're basically selling @ 1:1, slightly less if u factor in the 2% to blonde?

If thts right im in for w/e i can have plz.

No man I think this is wrong, it's a much dirtier %

Effectively I will get ~75% profits as I am counting myself as a backer.

If people didn't realise this they can edit out their contribution and sorry if I didn't explain that great.

I'll have 5% now it looks slightly less like printing money!

[MC]

I'll have 5% now it looks slightly less like printing money!

Hehehe...

Sorry if I gave the impression it was a better deal than it is, but thanks dude

No worries Silo!

[Bongo]

I'll have 5% now it looks slightly less like printing money!

Hehehe...

Sorry if I gave the impression it was a better deal than it is, but thanks dude

I was going to have 5% then saw LeKnave's post, so it's all good.

[dino1980]

I'll take 5% too please James.

[CelticGeezeer]

I would like 5% if fulltilt transfer is ok.

[LeKnave]

ok i get you now, in for 10% still.

[MC]

Lol cheers guys . Dave you have more faith in my poker ability than me, lol!

Yeah Bank-wire is preference but am happy to do Stars/Full Tilt transfers...