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Author Topic: Irish Open 2009- Main event staking request  (Read 7167 times)
George2Loose
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« on: March 14, 2009, 03:40:31 PM »

OK I'm gonna give this a bash to see how much interest I can get. I've heard from many that the Irish Open is one of the softest live MTT's around (maybe someone can confirm this?)

The Tournament

Irish Open 2009 3200+300 Euro Entry main event on 10-13th April(4 day event).

10,000 Chips, 1 hour clock

The Proposal

I'm asking for a 100% stake for 70% equity. 

In other words, I'm asking for 3500 euro's (in 5% chunks) and in return stakers will get their share of 70% of any prize money I manage to win with stake returned first. Any additional prizes on top (not sure what additional prizes there but for example if winner gets WSOP seat on top etc etc) will also be included so you'd get the same share in any subsequent tourneys.

I'm selling in chunks of 2% which will cost 70 Euro's

Money must be paid before event starts. If I don't sell enough shares then I will obv return everyone's money. Transfers can be made on Full Tilt, Stars and bank transfer. I will use the exchange rate on the day of transfer.

Track Record

Said in previous staking thread- won Gala poker tour in Notts in April. Have made day 2 of most events I've played subsequently but not ran so well in the mid stages- bound to change soon!  Since then I've won 2 ten dollar rebuys online and come 4th in daily 80k for over 20,000$ and also finalled Sunday Million. Again if I don't sell out I will be looking to buy up some of the remaining shares

Interested?

Please PM me or post on here.
« Last Edit: March 14, 2009, 04:07:50 PM by George2Loose » Logged

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« Reply #1 on: March 14, 2009, 03:49:01 PM »

2%= 70 euros, no?

Or are you attaching the premium at the front end, instead of the back end?

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George2Loose
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« Reply #2 on: March 14, 2009, 03:51:45 PM »

If you want 2% of me it costs 100 Euro's.

I think it makes things a little clearer. Or does it complicate things??? lol
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pokerfan
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« Reply #3 on: March 14, 2009, 03:52:45 PM »

If you want 2% of me it costs 100 Euro's.

I think it makes things a little clearer. Or does it complicate things??? lol
certainly does!
complicate i mean, same mistake as chillis
2%@100eu=5000eu
« Last Edit: March 14, 2009, 03:55:03 PM by pokerfan » Logged

George2Loose
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« Reply #4 on: March 14, 2009, 04:00:39 PM »

If you want 2% of me it costs 100 Euro's.

I think it makes things a little clearer. Or does it complicate things??? lol
certainly does!
complicate i mean, same mistake as chillis
2%@100eu=5000eu

I'll only be selling 70% tho. That make sense now?
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Colchester Kev
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« Reply #5 on: March 14, 2009, 04:02:12 PM »

Well Im confused  LOL


You are asking for 100% stake .... how can you only be selling 70%
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« Reply #6 on: March 14, 2009, 04:04:07 PM »

If you want 2% of me it costs 100 Euro's.

I think it makes things a little clearer. Or does it complicate things??? lol
certainly does!
complicate i mean, same mistake as chillis
2%@100eu=5000eu
I'll only be selling 70% tho. That make sense now?
needs to be 1 or the other not both!
« Last Edit: March 14, 2009, 04:22:52 PM by pokerfan » Logged

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« Reply #7 on: March 14, 2009, 04:04:17 PM »

you're wrong George,

10% of 3500 is 350 eurosso 5% is 175.

you're looking for a 100% stake..the 70% is what you pay out.
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George2Loose
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« Reply #8 on: March 14, 2009, 04:07:20 PM »

right ok I'm being thick- I'll amend OP so 2% is 70 Euro's and I have to sell to 100% then you get 70% of your %

Make sense?
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George2Loose
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« Reply #9 on: March 14, 2009, 04:08:39 PM »

I swear I complicate matters- I'm better at working out pot odds- honest Cheesy
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« Reply #10 on: March 14, 2009, 04:18:28 PM »

George i will take a fat chunk, i want 25% of your total action so i think that means like 35.7% of buyin....i think i need to give u 1250€ can you just check it for me.
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George2Loose
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« Reply #11 on: March 14, 2009, 06:56:28 PM »

George i will take a fat chunk, i want 25% of your total action so i think that means like 35.7% of buyin....i think i need to give u 1250€ can you just check it for me.

lol u want me to check it? U sure?

100 Euro for 2% would be 500 for 10 so 1250 for 25% sounds right!

And thank you Flushy- that's superb!
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pokerfan
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« Reply #12 on: March 14, 2009, 07:04:31 PM »

George i will take a fat chunk, i want 25% of your total action so i think that means like 35.7% of buyin....i think i need to give u 1250€ can you just check it for me.

lol u want me to check it? U sure?

100 Euro for 2% would be 500 for 10 so 1250 for 25% sounds right!

And thank you Flushy- that's superb!
lol George give your head a shake.
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George2Loose
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« Reply #13 on: March 16, 2009, 09:29:02 PM »

40% sold so far
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George2Loose
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« Reply #14 on: March 20, 2009, 02:09:38 PM »

Am buying up 20% myself so 60% sold
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